GrønlandsBANKEN Dividend
Dividend criteria checks 2/6
GrønlandsBANKEN is a dividend paying company with a current yield of 3.2% that is well covered by earnings. Last payment was on 31st March, 2023 with an ex-dividend date of 29th March, 2023.
Key information
3.2%
Dividend yield
36%
Payout ratio
Industry average yield | 6.2% |
Next dividend pay date | 31 Mar 23 |
Ex dividend date | 29 Mar 23 |
Dividend per share | n/a |
Earnings per share | kr.54.86 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: GRLAC's dividend payments have been volatile in the past 10 years.
Growing Dividend: GRLAC's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
GrønlandsBANKEN Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (GRLAC) | 3.2% |
Market Bottom 25% (GB) | 2.1% |
Market Top 25% (GB) | 5.7% |
Industry Average (Banks) | 6.2% |
Analyst forecast in 3 Years (GRLAC) | n/a |
Notable Dividend: GRLAC's dividend (3.2%) is higher than the bottom 25% of dividend payers in the UK market (2.25%).
High Dividend: GRLAC's dividend (3.2%) is low compared to the top 25% of dividend payers in the UK market (5.94%).
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (36.4%), GRLAC'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.