SpareBank 1 SMN Dividends and Buybacks

Dividend criteria checks 6/6

SpareBank 1 SMN is a dividend paying company with a current yield of 7.2% that is well covered by earnings.

Key information

7.2%

Dividend yield

-3.0%

Buyback Yield

Total Shareholder Yield4.2%
Future Dividend Yield6.6%
Dividend Growth5.9%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareUS$1.139
Payout ratio56%

Recent dividend and buyback updates

Recent updates

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: SRMG.F's dividends per share have been stable in the past 10 years.

Growing Dividend: SRMG.F's dividend payments have increased over the past 10 years.


Dividend Yield vs Market

SpareBank 1 SMN Dividend Yield vs Market
How does SRMG.F dividend yield compare to the market?
SegmentDividend Yield
Company (SRMG.F)7.2%
Market Bottom 25% (US)1.4%
Market Top 25% (US)4.3%
Industry Average (Banks)2.5%
Analyst forecast (SRMG.F) (up to 3 years)6.6%

Notable Dividend: SRMG.F's dividend (7.2%) is higher than the bottom 25% of dividend payers in the US market (1.34%).

High Dividend: SRMG.F's dividend (7.2%) is in the top 25% of dividend payers in the US market (4.31%)


Current Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (56.5%), SRMG.F's dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: SRMG.F's dividends in 3 years are forecast to be covered by earnings (63.3% payout ratio).


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