Lea Bank Dividend
Dividend criteria checks 3/6
Lea Bank is a dividend paying company with a current yield of 6.92% that is well covered by earnings.
Key information
6.9%
Dividend yield
49%
Payout ratio
Industry average yield | 7.4% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | kr1.12 |
Dividend yield forecast in 3Y | 8.8% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: LEA has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: LEA has only been paying a dividend for 2 years, and since then payments have fallen.
Dividend Yield vs Market
Lea Bank Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (LEA) | 6.9% |
Market Bottom 25% (NO) | 3.7% |
Market Top 25% (NO) | 7.7% |
Industry Average (Banks) | 7.4% |
Analyst forecast in 3 Years (LEA) | 8.8% |
Notable Dividend: LEA's dividend (6.92%) is higher than the bottom 25% of dividend payers in the Norwegian market (3.73%).
High Dividend: LEA's dividend (6.92%) is low compared to the top 25% of dividend payers in the Norwegian market (7.73%).
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (49.1%), LEA's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: LEA's dividends in 3 years are forecast to be well covered by earnings (48.3% payout ratio).