Romerike Sparebank Dividends and Buybacks
Dividend criteria checks 3/6
Romerikerebank is a dividend paying company with a current yield of 7.55% that is well covered by earnings.
Key information
7.5%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 6.0% |
| Dividend Growth | -1.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | NOK 9.500 |
| Payout ratio | 52% |
Recent dividend and buyback updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, ROMER has been paying a dividend for less than 10 years.
Growing Dividend: ROMER's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
| Romerike Sparebank Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (ROMER) | 7.5% |
| Market Bottom 25% (NO) | 3.3% |
| Market Top 25% (NO) | 7.6% |
| Industry Average (Banks) | 6.6% |
| Analyst forecast (ROMER) (up to 3 years) | 6.0% |
Notable Dividend: ROMER's dividend (7.55%) is higher than the bottom 25% of dividend payers in the Norwegian market (3.3%).
High Dividend: ROMER's dividend (7.55%) is low compared to the top 25% of dividend payers in the Norwegian market (7.57%).
Current Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (52.3%), ROMER's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: ROMER's dividends in 3 years are forecast to be covered by earnings (71.3% payout ratio).