Danske Bank Dividend
Dividend criteria checks 4/6
Danske Bank is a dividend paying company with a current yield of 7.39% that is well covered by earnings.
Key information
7.4%
Dividend yield
59%
Payout ratio
Industry average yield | 3.0% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | US$24.90 |
Dividend yield forecast in 3Y | 8.4% |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: DNKE.Y has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: DNKE.Y's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
Danske Bank Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (DNKE.Y) | 7.4% |
Market Bottom 25% (US) | 1.5% |
Market Top 25% (US) | 4.8% |
Industry Average (Banks) | 3.0% |
Analyst forecast in 3 Years (DNKE.Y) | 8.4% |
Notable Dividend: DNKE.Y's dividend (7.39%) is higher than the bottom 25% of dividend payers in the US market (1.55%).
High Dividend: DNKE.Y's dividend (7.39%) is in the top 25% of dividend payers in the US market (4.78%)
Current Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (58.6%), DNKE.Y's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: DNKE.Y's dividends in 3 years are forecast to be covered by earnings (61.3% payout ratio).