Sunndal Sparebank Dividend
Dividend criteria checks 3/6
Sunndalrebank is a dividend paying company with a current yield of 6.94% that is well covered by earnings.
Key information
6.9%
Dividend yield
84%
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 | kr8.92 |
| Dividend yield forecast in 3Y | 8.0% |
Recent dividend updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: SUNSB has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: SUNSB has only been paying a dividend for 5 years, and since then payments have not increased.
Dividend Yield vs Market
| Sunndal Sparebank Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (SUNSB) | 6.9% |
| Market Bottom 25% (NO) | 3.3% |
| Market Top 25% (NO) | 7.7% |
| Industry Average (Banks) | 7.7% |
| Analyst forecast in 3 Years (SUNSB) | 8.0% |
Notable Dividend: SUNSB's dividend (6.94%) is higher than the bottom 25% of dividend payers in the Norwegian market (3.31%).
High Dividend: SUNSB's dividend (6.94%) 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 (84%), SUNSB's payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: SUNSB's dividends in 3 years are forecast to be covered by earnings (79.9% payout ratio).