SpareBank 1 Sørøst-Norge Dividend
Dividend criteria checks 4/6
SpareBank 1 Sørøst-Norge is a dividend paying company with a current yield of 5.59% that is well covered by earnings. Next payment date is on 26th April, 2024 with an ex-dividend date of 19th April, 2024.
Key information
5.6%
Dividend yield
68%
Payout ratio
Industry average yield | 6.2% |
Next dividend pay date | 26 Apr 24 |
Ex dividend date | 19 Apr 24 |
Dividend per share | n/a |
Earnings per share | NOK 5.68 |
Dividend yield forecast in 3Y | 6.3% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: SOONO's dividend payments have been volatile in the past 10 years.
Growing Dividend: SOONO's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
SpareBank 1 Sørøst-Norge Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (SOONO) | 5.6% |
Market Bottom 25% (GB) | 2.0% |
Market Top 25% (GB) | 5.7% |
Industry Average (Banks) | 6.2% |
Analyst forecast in 3 Years (SOONO) | 6.3% |
Notable Dividend: SOONO's dividend (5.59%) is higher than the bottom 25% of dividend payers in the UK market (2.15%).
High Dividend: SOONO's dividend (5.59%) is low compared to the top 25% of dividend payers in the UK market (6.07%).
Current Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (68.3%), SOONO's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: SOONO's dividends in 3 years are forecast to be covered by earnings (73.6% payout ratio).