SpareBank 1 Nordmøre Dividend
Dividend criteria checks 4/6
SpareBank 1 Nordmøre is a dividend paying company with a current yield of 5.43% that is well covered by earnings.
Key information
5.4%
Dividend yield
50%
Payout ratio
| Industry average yield | 6.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | €7.000 |
| Earnings per share | €13.90 |
| Dividend yield forecast | 7.0% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: MZ3 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: MZ3's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
| SpareBank 1 Nordmøre Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (MZ3) | 5.4% |
| Market Bottom 25% (DE) | 1.6% |
| Market Top 25% (DE) | 4.8% |
| Industry Average (Banks) | 6.3% |
| Analyst forecast (MZ3) (up to 3 years) | 7.0% |
Notable Dividend: MZ3's dividend (5.43%) is higher than the bottom 25% of dividend payers in the German market (1.61%).
High Dividend: MZ3's dividend (5.43%) is in the top 25% of dividend payers in the German market (4.73%)
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (49.8%), MZ3's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: MZ3's dividends in 3 years are forecast to be covered by earnings (66.6% payout ratio).