Danske Andelskassers Bank Dividend
Dividend criteria checks 2/6
Danske Andelskassers Bank is a dividend paying company with a current yield of 2.74% that is well covered by earnings.
Key information
2.7%
Dividend yield
30%
Payout ratio
| Industry average yield | 5.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | DKK 0.96 |
| Dividend yield forecast | n/a |
Recent dividend updates
No updates
Recent updates
No updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 0P5C has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 0P5C has only been paying a dividend for 2 years, and since then payments have fallen.
Dividend Yield vs Market
| Danske Andelskassers Bank Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (0P5C) | 2.7% |
| Market Bottom 25% (GB) | 2.0% |
| Market Top 25% (GB) | 5.5% |
| Industry Average (Banks) | 5.8% |
| Analyst forecast (0P5C) (up to 3 years) | n/a |
Notable Dividend: 0P5C's dividend (2.74%) is higher than the bottom 25% of dividend payers in the UK market (2.26%).
High Dividend: 0P5C's dividend (2.74%) is low compared to the top 25% of dividend payers in the UK market (5.92%).
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (30.3%), 0P5C'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.