Danske Andelskassers Bank Dividend
Dividend criteria checks 2/6
Danske Andelskassers Bank is a dividend paying company with a current yield of 2.95% that is well covered by earnings.
Key information
2.9%
Dividend yield
29%
Payout ratio
| Industry average yield | 6.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | DKK 0.370 |
| Earnings per share | DKK 1.32 |
| Dividend yield forecast | n/a |
Recent dividend updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: DAB has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: DAB has only been paying a dividend for 5 years, and since then payments have fallen.
Dividend Yield vs Market
| Danske Andelskassers Bank Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (DAB) | 2.9% |
| Market Bottom 25% (DK) | 1.5% |
| Market Top 25% (DK) | 5.5% |
| Industry Average (Banks) | 6.6% |
| Analyst forecast (DAB) (up to 3 years) | n/a |
Notable Dividend: DAB's dividend (2.95%) is higher than the bottom 25% of dividend payers in the Danish market (1.49%).
High Dividend: DAB's dividend (2.95%) is low compared to the top 25% of dividend payers in the Danish market (5.63%).
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (28.6%), DAB's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years or that it will be covered by earnings.