Tysnes Sparebank Dividends and Buybacks
Dividend criteria checks 2/6
Tysnesrebank is a dividend paying company with a current yield of 5.29%.
Key information
5.3%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 6.9% |
| Dividend Growth | 0.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | NOK 6.220 |
| Payout ratio | -29% |
Recent dividend and buyback updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: TYSB has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: TYSB has only been paying a dividend for 7 years, and since then payments have fallen.
Dividend Yield vs Market
| Tysnes Sparebank Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (TYSB) | 5.3% |
| Market Bottom 25% (NO) | 3.4% |
| Market Top 25% (NO) | 7.7% |
| Industry Average (Banks) | 6.7% |
| Analyst forecast (TYSB) (up to 3 years) | 6.9% |
Notable Dividend: TYSB's dividend (5.29%) is higher than the bottom 25% of dividend payers in the Norwegian market (3.37%).
High Dividend: TYSB's dividend (5.29%) is low compared to the top 25% of dividend payers in the Norwegian market (7.66%).
Current Payout to Shareholders
Earnings Coverage: TYSB is paying a dividend but the company is unprofitable.
Future Payout to Shareholders
Future Dividend Coverage: TYSB's dividends in 3 years are forecast to be covered by earnings (60.8% payout ratio).