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SpareBank 1 SMN (FRA:SJI) 3-Year Dividend Growth Rate : 9.10% (As of Mar. 2024)


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What is SpareBank 1 SMN 3-Year Dividend Growth Rate?

SpareBank 1 SMN's Dividends per Share for the three months ended in Mar. 2024 was €1.04.

The historical rank and industry rank for SpareBank 1 SMN's 3-Year Dividend Growth Rate or its related term are showing as below:

FRA:SJI' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -24.2   Med: 12.25   Max: 31.4
Current: 9.1

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of SpareBank 1 SMN was 31.40% per year. The lowest was -24.20% per year. And the median was 12.25% per year.

FRA:SJI's 3-Year Dividend Growth Rate is ranked better than
57.12% of 765 companies
in the Banks industry
Industry Median: 7.6 vs FRA:SJI: 9.10

During the past 12 months, SpareBank 1 SMN's average Dividends Per Share Growth Rate was 84.60% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 9.10% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 8.90% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 17.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

SpareBank 1 SMN's Dividend Payout Ratio for the three months ended in Mar. 2024 was 2.69. As of today, SpareBank 1 SMN's Dividend Yield % is 8.17%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of SpareBank 1 SMN is 0.72, which seems too high.

Good Sign:

SpareBank 1 SMN stock dividend yield is close to 1-year high.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of SpareBank 1 SMN's 3-Year Dividend Growth Rate

For the Banks - Regional subindustry, SpareBank 1 SMN's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


SpareBank 1 SMN's 3-Year Dividend Growth Rate Distribution in the Banks Industry

For the Banks industry and Financial Services sector, SpareBank 1 SMN's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where SpareBank 1 SMN's 3-Year Dividend Growth Rate falls into.



SpareBank 1 SMN 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


SpareBank 1 SMN  (FRA:SJI) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

SpareBank 1 SMN's Dividend Payout Ratio for the quarter that ended in Mar. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Mar. 2024 )/ EPS without NRI (Q: Mar. 2024 )
=1.04/ 0.386
=2.69

During the past 13 years, the highest Dividend Payout Ratio of SpareBank 1 SMN was 0.72. The lowest was 0.13. And the median was 0.41.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of SpareBank 1 SMN is 0.72, which seems too high.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

SpareBank 1 SMN Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
NOK 12.0000002024-03-222024-03-252024-04-03Cash DividendannuallyNOK:EUR 0.085225

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

SpareBank 1 SMN's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=1.0227/12.582
=8.13 %

Current Share Price is €12.582.
SpareBank 1 SMN's Dividends per Share for the trailing twelve months (TTM) ended in Today is €1.0227.

During the past 13 years, the highest Dividend Yield of SpareBank 1 SMN was 9.60%. The lowest was 0.87%. And the median was 4.51%.

Good Sign:

SpareBank 1 SMN stock dividend yield is close to 1-year high.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


SpareBank 1 SMN 3-Year Dividend Growth Rate Related Terms>


SpareBank 1 SMN (FRA:SJI) Business Description

Industry
Traded in Other Exchanges
Address
Sondre gate 4, Trondheim, NOR, 7011
SpareBank 1 SMN is a regional bank offering retail and corporate banking services and principally operating in Norway. The bank is among the owners of the SpareBank 1 Alliance. A key element of the bank's is to maintain a variety of office solutions in municipal and administrative centers where the bank's customers are drawn. The bank is also making a push into digital banking channels via the Internet and mobile banking. The bank's credit is heavily exposed to the real estate, construction, sea farming, agriculture, fisheries, shipbuilding, offshore, and retail industries, as well as the public and energy sectors. The bank's income is split nearly evenly between net interest income and net fees and commission income.

SpareBank 1 SMN (FRA:SJI) Headlines

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