SpareBank 1 Østlandet

BATS-CHIXE:SPOLO Stock Report

Market Cap: NOK 15.8b

SpareBank 1 Østlandet Dividends and Buybacks

Dividend criteria checks 3/6

SpareBank 1 Østlandet is a dividend paying company with a current yield of 5.71% that is well covered by earnings.

Key information

5.7%

Dividend yield

n/a

Buyback Yield

Total Shareholder Yieldn/a
Future Dividend Yield7.2%
Dividend Growth4.1%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareNOK 7.800
Payout ratio60%

Recent dividend and buyback updates

No updates

Recent updates

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: Whilst dividend payments have been stable, SPOLO has been paying a dividend for less than 10 years.

Growing Dividend: SPOLO's dividend payments have increased, but the company has only paid a dividend for 6 years.


Dividend Yield vs Market

SpareBank 1 Østlandet Dividend Yield vs Market
How does SPOLO dividend yield compare to the market?
SegmentDividend Yield
Company (SPOLO)5.7%
Market Bottom 25% (GB)2.1%
Market Top 25% (GB)5.8%
Industry Average (Banks)5.4%
Analyst forecast (SPOLO) (up to 3 years)7.2%

Notable Dividend: SPOLO's dividend (5.71%) is higher than the bottom 25% of dividend payers in the UK market (2.08%).

High Dividend: SPOLO's dividend (5.71%) is low compared to the top 25% of dividend payers in the UK market (5.82%).


Current Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (60.2%), SPOLO's dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: SPOLO's dividends in 3 years are forecast to be covered by earnings (63% payout ratio).


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