Danske Bank Dividend
Dividend criteria checks 4/6
Danske Bank is a dividend paying company with a current yield of 7.75% that is well covered by earnings.
Key information
7.7%
Dividend yield
57%
Payout ratio
| Industry average yield | 6.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | kr.25.43 |
| Dividend yield forecast in 3Y | 8.7% |
Recent dividend updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: DANSKE has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: DANSKE's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
| Danske Bank Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (DANSKE) | 7.7% |
| Market Bottom 25% (DK) | 1.7% |
| Market Top 25% (DK) | 5.6% |
| Industry Average (Banks) | 6.7% |
| Analyst forecast in 3 Years (DANSKE) | 8.7% |
Notable Dividend: DANSKE's dividend (7.75%) is higher than the bottom 25% of dividend payers in the Danish market (1.69%).
High Dividend: DANSKE's dividend (7.75%) is in the top 25% of dividend payers in the Danish market (5.65%)
Current Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (57.3%), DANSKE's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: DANSKE's dividends in 3 years are forecast to be covered by earnings (58.9% payout ratio).