SpareBank 1 Ringerike Hadeland Dividend
Dividend criteria checks 5/6
SpareBank 1 Ringerike Hadeland is a dividend paying company with a current yield of 6.64% that is well covered by earnings.
Key information
6.6%
Dividend yield
70%
Payout ratio
| Industry average yield | 7.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | kr28.73 |
| Dividend yield forecast in 3Y | 6.5% |
Recent dividend 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) | 6.6% |
| Market Bottom 25% (NO) | 3.3% |
| Market Top 25% (NO) | 7.7% |
| Industry Average (Banks) | 7.7% |
| Analyst forecast in 3 Years (RING) | 6.5% |
Notable Dividend: RING's dividend (6.64%) is higher than the bottom 25% of dividend payers in the Norwegian market (3.31%).
High Dividend: RING's dividend (6.64%) is low compared to the top 25% of dividend payers in the Norwegian market (7.75%).
Current Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (69.8%), 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 (55.9% payout ratio).