SpareBank 1 Ringerike Hadeland Dividends and Buybacks
Dividend criteria checks 5/6
SpareBank 1 Ringerike Hadeland is a dividend paying company with a current yield of 6.08% that is well covered by earnings.
Key information
6.1%
Dividend yield
-3.9%
Buyback Yield
| Total Shareholder Yield | 2.2% |
| Future Dividend Yield | 5.8% |
| Dividend Growth | -0.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | NOK 20.000 |
| Payout ratio | 51% |
Recent dividend and buyback updates
Recent updates
News Flash: Analysts Just Made A Meaningful Upgrade To Their SpareBank 1 Ringerike Hadeland (OB:RING) Forecasts
Feb 22
SpareBank 1 Ringerike Hadeland's (OB:RING) Dividend Is Being Reduced To NOK13.10
Feb 17Is Now The Time To Put SpareBank 1 Ringerike Hadeland (OB:RING) On Your Watchlist?
Nov 04SpareBank 1 Ringerike Hadeland Just Beat EPS By 36%: Here's What Analysts Think Will Happen Next
Aug 18How Does SpareBank 1 Ringerike Hadeland (OB:RING) Fare As A Dividend Stock?
Apr 21Stability and Growth of Payments
Fetching dividends data
Stable Dividend: RING's dividends per share have been stable in the past 10 years.
Growing Dividend: RING's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| SpareBank 1 Ringerike Hadeland Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (RING) | 6.1% |
| Market Bottom 25% (NO) | 3.3% |
| Market Top 25% (NO) | 7.6% |
| Industry Average (Banks) | 6.6% |
| Analyst forecast (RING) (up to 3 years) | 5.8% |
Notable Dividend: RING's dividend (6.08%) is higher than the bottom 25% of dividend payers in the Norwegian market (3.33%).
High Dividend: RING's dividend (6.08%) is low compared to the top 25% of dividend payers in the Norwegian market (7.64%).
Current Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (50.7%), RING's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: RING's dividends in 3 years are forecast to be covered by earnings (54.3% payout ratio).
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 13:18 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
SpareBank 1 Ringerike Hadeland is covered by 7 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Fridtjof Berents | Arctic Securities ASA |
| Christian Berner | Beringer Finance AB |
| Geir Kristiansen | Beringer Finance AB |