Tysnes Sparebank Dividend
Dividend criteria checks 3/6
Tysnesrebank is a dividend paying company with a current yield of 5.62% that is well covered by earnings.
Key information
5.6%
Dividend yield
37%
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 | kr16.66 |
Dividend yield forecast in 3Y | 7.5% |
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 6 years, and since then payments have fallen.
Dividend Yield vs Market
Tysnes Sparebank Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (TYSB) | 5.6% |
Market Bottom 25% (NO) | 3.3% |
Market Top 25% (NO) | 7.7% |
Industry Average (Banks) | 7.7% |
Analyst forecast in 3 Years (TYSB) | 7.5% |
Notable Dividend: TYSB's dividend (5.62%) is higher than the bottom 25% of dividend payers in the Norwegian market (3.31%).
High Dividend: TYSB's dividend (5.62%) is low compared to the top 25% of dividend payers in the Norwegian market (7.75%).
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (37.3%), TYSB's dividend payments are well 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).