Jæren Sparebank Dividend
Dividend criteria checks 3/6
Jærenrebank is a dividend paying company with a current yield of 5.75% that is well covered by earnings.
Key information
5.7%
Dividend yield
67%
Payout ratio
| Industry average yield | 7.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | kr24.03 |
| Dividend yield forecast in 3Y | 6.8% |
Recent dividend updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: JAREN has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: JAREN's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
| Jæren Sparebank Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (JAREN) | 5.7% |
| Market Bottom 25% (NO) | 3.3% |
| Market Top 25% (NO) | 7.7% |
| Industry Average (Banks) | 7.7% |
| Analyst forecast in 3 Years (JAREN) | 6.8% |
Notable Dividend: JAREN's dividend (5.75%) is higher than the bottom 25% of dividend payers in the Norwegian market (3.31%).
High Dividend: JAREN's dividend (5.75%) 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 (66.8%), JAREN's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: JAREN's dividends in 3 years are forecast to be covered by earnings (65% payout ratio).