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 yield | 6.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | kr8.60 |
| Earnings per share | kr5.72 |
| Dividend yield forecast in 3Y | 6.5% |
Stability and Growth of Payments
| Month | Dividend Per Share (annual) | Avg. Yield (%) |
|---|---|---|
| 12/31/2025 | 7.5 | 6.5% |
| 12/31/2024 | 7.9 | 6.8% |
| 12/31/2023 | 7.3 | 6.3% |
| 5/9/2023 | 8.6 | 7.4% |
| 3/13/2023 | 8.6 | 7.5% |
| 3/15/2022 | 5.86 | 5% |
| 3/25/2021 | 5.37 | 4.8% |
| 2/28/2020 | 5.51 | 5.2% |
| 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 |
|---|
| Segment | Dividend 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).