Storebrand Dividends and Buybacks
Dividend criteria checks 2/6
Storebrand is a dividend paying company with a current yield of 3.38% that is well covered by earnings.
Key information
3.4%
Dividend yield
3.1%
Buyback Yield
| Total Shareholder Yield | 6.4% |
| Future Dividend Yield | 4.6% |
| Dividend Growth | 8.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | US$0.386 |
| Payout ratio | 36% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: SRED.Y has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: SRED.Y's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
| Storebrand Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (SRED.Y) | 3.4% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.3% |
| Industry Average (Insurance) | 1.7% |
| Analyst forecast (SRED.Y) (up to 3 years) | 4.6% |
Notable Dividend: SRED.Y's dividend (3.38%) is higher than the bottom 25% of dividend payers in the US market (1.39%).
High Dividend: SRED.Y's dividend (3.38%) is low compared to the top 25% of dividend payers in the US market (4.32%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (35.8%), SRED.Y's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: SRED.Y is paying a dividend but the company has no free cash flows.