Pareto Bank Dividend
Dividend criteria checks 3/6
Pareto Bank is a dividend paying company with a current yield of 6.94% that is well covered by earnings. Last payment was on 12th April, 2023 with an ex-dividend date of 31st March, 2023.
Key information
6.9%
Dividend yield
50%
Payout ratio
Industry average yield | 6.1% |
Next dividend pay date | 12 Apr 23 |
Ex dividend date | 31 Mar 23 |
Dividend per share | n/a |
Earnings per share | NOK 7.95 |
Dividend yield forecast in 3Y | 9.0% |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: PARBO has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: PARBO's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
Pareto Bank Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (PARBO) | 6.9% |
Market Bottom 25% (GB) | 2.0% |
Market Top 25% (GB) | 5.5% |
Industry Average (Banks) | 6.1% |
Analyst forecast in 3 Years (PARBO) | 9.0% |
Notable Dividend: PARBO's dividend (6.94%) is higher than the bottom 25% of dividend payers in the UK market (2.25%).
High Dividend: PARBO's dividend (6.94%) is in the top 25% of dividend payers in the UK market (5.94%)
Current Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (50.1%), PARBO's dividend payments are 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.