Nidaros Sparebank Dividend
Dividend criteria checks 3/6
Nidarosrebank is a dividend paying company with a current yield of 5.35% that is well covered by earnings.
Key information
5.3%
Dividend yield
89%
Payout ratio
| Industry average yield | 7.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | kr6.33 |
| Dividend yield forecast in 3Y | 6.9% |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: NISB has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: NISB's dividend payments have increased, but the company has only paid a dividend for 4 years.
Dividend Yield vs Market
| Nidaros Sparebank Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (NISB) | 5.3% |
| Market Bottom 25% (NO) | 3.7% |
| Market Top 25% (NO) | 7.7% |
| Industry Average (Banks) | 7.3% |
| Analyst forecast in 3 Years (NISB) | 6.9% |
Notable Dividend: NISB's dividend (5.35%) is higher than the bottom 25% of dividend payers in the Norwegian market (3.72%).
High Dividend: NISB's dividend (5.35%) is low compared to the top 25% of dividend payers in the Norwegian market (7.74%).
Current Payout to Shareholders
Earnings Coverage: At its current payout ratio (89.4%), NISB's payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: NISB's dividends in 3 years are forecast to be covered by earnings (83.9% payout ratio).