Nidaros Sparebank Dividends and Buybacks
Dividend criteria checks 3/6
Nidarosrebank is a dividend paying company with a current yield of 5.67% that is well covered by earnings.
Key information
5.7%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 6.3% |
| Dividend Growth | 23.1% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | NOK 5.670 |
| Payout ratio | 89% |
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 5 years.
Dividend Yield vs Market
| Nidaros Sparebank Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (NISB) | 5.7% |
| Market Bottom 25% (NO) | 3.4% |
| Market Top 25% (NO) | 7.6% |
| Industry Average (Banks) | 6.6% |
| Analyst forecast (NISB) (up to 3 years) | 6.3% |
Notable Dividend: NISB's dividend (5.67%) is higher than the bottom 25% of dividend payers in the Norwegian market (3.37%).
High Dividend: NISB's dividend (5.67%) is low compared to the top 25% of dividend payers in the Norwegian market (7.66%).
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 (83.7% payout ratio).