Aasen Sparebank Dividend

Dividend criteria checks 3/6

Aasenrebank is a dividend paying company with a current yield of 7.65% that is well covered by earnings.

Key information

7.6%

Dividend yield

74%

Payout ratio

Industry average yield7.7%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Earnings per sharekr12.20
Dividend yield forecast in 3Y7.3%

Recent dividend updates

Just Three Days Till Aasen Sparebank (OB:AASB) Will Be Trading Ex-Dividend

Mar 14
Just Three Days Till Aasen Sparebank (OB:AASB) Will Be Trading Ex-Dividend

Recent updates

Need To Know: One Analyst Is Much More Bullish On Aasen Sparebank (OB:AASB) Revenues

Jun 01
Need To Know: One Analyst Is Much More Bullish On Aasen Sparebank (OB:AASB) Revenues

The Aasen Sparebank (OB:AASB) Analyst Just Cut Their Revenue Forecast By 12%

May 18
The Aasen Sparebank (OB:AASB) Analyst Just Cut Their Revenue Forecast By 12%

Just Three Days Till Aasen Sparebank (OB:AASB) Will Be Trading Ex-Dividend

Mar 14
Just Three Days Till Aasen Sparebank (OB:AASB) Will Be Trading Ex-Dividend

Read This Before Buying Aasen Sparebank (OB:AASB) For Its Dividend

Feb 28
Read This Before Buying Aasen Sparebank (OB:AASB) For Its Dividend

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: AASB has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: AASB's dividend payments have increased, but the company has only paid a dividend for 8 years.


Dividend Yield vs Market

Aasen Sparebank Dividend Yield vs Market
How does AASB dividend yield compare to the market?
SegmentDividend Yield
Company (AASB)7.6%
Market Bottom 25% (NO)3.3%
Market Top 25% (NO)7.7%
Industry Average (Banks)7.7%
Analyst forecast in 3 Years (AASB)7.3%

Notable Dividend: AASB's dividend (7.65%) is higher than the bottom 25% of dividend payers in the Norwegian market (3.31%).

High Dividend: AASB's dividend (7.65%) is low compared to the top 25% of dividend payers in the Norwegian market (7.75%).


Current Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (73.7%), AASB's dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: AASB's dividends in 3 years are forecast to be covered by earnings (73.4% payout ratio).


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