Sparebank 68° Nord Dividend
Dividend criteria checks 3/6
Sparebank 68° Nord is a dividend paying company with a current yield of 7.5% that is well covered by earnings.
Key information
7.5%
Dividend yield
79%
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 | kr15.35 |
Dividend yield forecast in 3Y | 6.8% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, SB68 has been paying a dividend for less than 10 years.
Growing Dividend: SB68's dividend payments have increased, but the company has only paid a dividend for 2 years.
Dividend Yield vs Market
Sparebank 68° Nord Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (SB68) | 7.5% |
Market Bottom 25% (NO) | 3.3% |
Market Top 25% (NO) | 7.7% |
Industry Average (Banks) | 7.7% |
Analyst forecast in 3 Years (SB68) | 6.8% |
Notable Dividend: SB68's dividend (7.5%) is higher than the bottom 25% of dividend payers in the Norwegian market (3.31%).
High Dividend: SB68's dividend (7.5%) is low compared to the top 25% of dividend payers in the Norwegian market (7.75%).
Current Payout to Shareholders
Earnings Coverage: At its current payout ratio (78.7%), SB68's payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: SB68's dividends in 3 years are forecast to be covered by earnings (67.9% payout ratio).