Tysnes Sparebank Dividend
Dividend criteria checks 4/6
Tysnesrebank is a dividend paying company with a current yield of 5.55% that is well covered by earnings.
Key information
5.6%
Dividend yield
37%
Payout ratio
Industry average yield | 6.5% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | €16.66 |
Dividend yield forecast in 3Y | 7.3% |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 8QC has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 8QC has only been paying a dividend for 6 years, and since then payments have fallen.
Dividend Yield vs Market
Tysnes Sparebank Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (8QC) | 5.6% |
Market Bottom 25% (DE) | 1.6% |
Market Top 25% (DE) | 4.7% |
Industry Average (Banks) | 6.5% |
Analyst forecast in 3 Years (8QC) | 7.3% |
Notable Dividend: 8QC's dividend (5.55%) is higher than the bottom 25% of dividend payers in the German market (1.68%).
High Dividend: 8QC's dividend (5.55%) is in the top 25% of dividend payers in the German market (4.61%)
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (37.3%), 8QC's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 8QC's dividends in 3 years are forecast to be covered by earnings (60.5% payout ratio).