SpareBank 1 Østlandet Dividend
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
60%
Payout ratio
| Industry average yield | 5.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | NOK 7.800 |
| Earnings per share | NOK 12.96 |
| Dividend yield forecast | 7.2% |
Recent dividend updates
No updates
Recent updates
No 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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (SPOLO) | 5.7% |
| Market Bottom 25% (GB) | 2.0% |
| Market Top 25% (GB) | 5.5% |
| Industry Average (Banks) | 5.8% |
| 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).