Kreditbanken Dividend
Dividend criteria checks 4/6
Kreditbanken is a dividend paying company with a current yield of 2.04% that is well covered by earnings.
Key information
2.0%
Dividend yield
11%
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 | kr.873.25 |
| Dividend yield forecast in 3Y | n/a |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: KRE's dividends per share have been stable in the past 10 years.
Growing Dividend: KRE's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Kreditbanken Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (KRE) | 2.0% |
| Market Bottom 25% (DK) | 1.7% |
| Market Top 25% (DK) | 5.7% |
| Industry Average (Banks) | 6.5% |
| Analyst forecast in 3 Years (KRE) | n/a |
Notable Dividend: KRE's dividend (2.04%) is higher than the bottom 25% of dividend payers in the Danish market (1.69%).
High Dividend: KRE's dividend (2.04%) is low compared to the top 25% of dividend payers in the Danish market (5.71%).
Current Payout to Shareholders
Earnings Coverage: With its low payout ratio (11.5%), KRE's dividend payments are thoroughly 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.