Tysnes Sparebank Dividends and Buybacks
Dividend criteria checks 3/6
Tysnesrebank is a dividend paying company with a current yield of 5.06% that is well covered by earnings.
Key information
5.1%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 6.6% |
| Dividend Growth | -0.08% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | NOK 6.220 |
| Payout ratio | 54% |
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) | 5.1% |
| Market Bottom 25% (NO) | 3.3% |
| Market Top 25% (NO) | 7.6% |
| Industry Average (Banks) | 6.6% |
| Analyst forecast (TYSB) (up to 3 years) | 6.6% |
Notable Dividend: TYSB's dividend (5.06%) is higher than the bottom 25% of dividend payers in the Norwegian market (3.3%).
High Dividend: TYSB's dividend (5.06%) 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 (53.6%), TYSB's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: TYSB's dividends in 3 years are forecast to be covered by earnings (60.7% payout ratio).