SpareBank 1 Østlandet Dividends and Buybacks
Dividend criteria checks 3/6
SpareBank 1 Østlandet is a dividend paying company with a current yield of 5.2% that is well covered by earnings.
Key information
5.2%
Dividend yield
-5.3%
Buyback Yield
| Total Shareholder Yield | -0.1% |
| Future Dividend Yield | 6.4% |
| Dividend Growth | 2.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | NOK 7.800 |
| Payout ratio | 52% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 0RU6 has been paying a dividend for less than 10 years.
Growing Dividend: 0RU6's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
| SpareBank 1 Østlandet Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (0RU6) | 5.2% |
| Market Bottom 25% (GB) | 2.1% |
| Market Top 25% (GB) | 5.8% |
| Industry Average (Banks) | 5.4% |
| Analyst forecast (0RU6) (up to 3 years) | 6.4% |
Notable Dividend: 0RU6's dividend (5.2%) is higher than the bottom 25% of dividend payers in the UK market (2.11%).
High Dividend: 0RU6's dividend (5.2%) is low compared to the top 25% of dividend payers in the UK market (5.77%).
Current Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (52.3%), 0RU6's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 0RU6's dividends in 3 years are forecast to be covered by earnings (61.8% payout ratio).