Nidaros Sparebank Dividend

Dividend criteria checks 2/6

Nidaros Sparebank is a dividend paying company with a current yield of 7.4% that is well covered by earnings.

Key information

7.4%

Dividend yield

150%

Payout ratio

Industry average yield6.4%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharekr8.60
Earnings per sharekr5.72
Dividend yield forecast in 3Y6.5%

Recent dividend updates

Why You Might Be Interested In Nidaros Sparebank (OB:NISB) For Its Upcoming Dividend

Mar 14
Why You Might Be Interested In Nidaros Sparebank (OB:NISB) For Its Upcoming Dividend

How Does Nidaros Sparebank (OB:NISB) Fare As A Dividend Stock?

Mar 08
How Does Nidaros Sparebank (OB:NISB) Fare As A Dividend Stock?

Recent updates

Why You Might Be Interested In Nidaros Sparebank (OB:NISB) For Its Upcoming Dividend

Mar 14
Why You Might Be Interested In Nidaros Sparebank (OB:NISB) For Its Upcoming Dividend

How Does Nidaros Sparebank (OB:NISB) Fare As A Dividend Stock?

Mar 08
How Does Nidaros Sparebank (OB:NISB) Fare As A Dividend Stock?

Stability and Growth of Payments

How stable has Nidaros Sparebank's dividend per share been in the past?
MonthDividend Per Share (annual)Avg. Yield (%)
12/31/20257.56.5%
12/31/20247.96.8%
12/31/20237.36.3%
5/9/20238.67.4%
3/13/20238.67.5%
3/15/20225.865%
3/25/20215.374.8%
2/28/20205.515.2%
10/25/2019-0%

Stable Dividend: Whilst dividend payments have been stable, NISB has been paying a dividend for less than 10 years.

Growing Dividend: NISB's dividend payments have increased, but the company has only paid a dividend for 3 years.


Dividend Yield vs Market

Nidaros Sparebank Dividend Yield vs Market
How does NISB dividend yield compare to the market?
SegmentDividend Yield
Company (NISB)7.4%
Market Bottom 25% (NO)3.3%
Market Top 25% (NO)8.0%
Industry Average (Banks)6.4%
Analyst forecast in 3 Years (NISB)6.5%

Notable Dividend: NISB's dividend (7.41%) is higher than the bottom 25% of dividend payers in the Norwegian market (3.31%).

High Dividend: NISB's dividend (7.41%) is low compared to the top 25% of dividend payers in the Norwegian market (8%).


Current Payout to Shareholders

Earnings Coverage: With its high payout ratio (150.1%), NISB's dividend payments are not well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: NISB's dividends in 3 years are forecast to be covered by earnings (79.8% payout ratio).


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