Skjern Bank Dividend
Dividend criteria checks 2/6
Skjern Bank is a dividend paying company with a current yield of 3.01% that is well covered by earnings.
Key information
3.0%
Dividend yield
18%
Payout ratio
| Industry average yield | 5.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | DKK 5.000 |
| Earnings per share | DKK 27.92 |
| Dividend yield forecast | n/a |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: SKJEC has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: SKJEC's dividend payments have increased, but the company has only paid a dividend for 6 years.
Dividend Yield vs Market
| Skjern Bank Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (SKJEC) | 3.0% |
| Market Bottom 25% (GB) | 2.1% |
| Market Top 25% (GB) | 5.7% |
| Industry Average (Banks) | 5.9% |
| Analyst forecast (SKJEC) (up to 3 years) | n/a |
Notable Dividend: SKJEC's dividend (3.01%) is higher than the bottom 25% of dividend payers in the UK market (2.11%).
High Dividend: SKJEC's dividend (3.01%) is low compared to the top 25% of dividend payers in the UK market (5.58%).
Current Payout to Shareholders
Earnings Coverage: With its low payout ratio (18%), SKJEC'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.