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Nidaros Sparebank (OSL:NISB) 3-Year Dividend Growth Rate : 16.00% (As of Mar. 2024)


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What is Nidaros Sparebank 3-Year Dividend Growth Rate?

Nidaros Sparebank's Dividends per Share for the three months ended in Mar. 2024 was kr5.67.

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

OSL:NISB' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 16   Med: 16   Max: 16
Current: 16

During the past 8 years, the highest 3-Year average Dividends Per Share Growth Rate of Nidaros Sparebank was 16.00% per year. The lowest was 16.00% per year. And the median was 16.00% per year.

OSL:NISB's 3-Year Dividend Growth Rate is ranked better than
71.37% of 772 companies
in the Banks industry
Industry Median: 7.7 vs OSL:NISB: 16.00

During the past 12 months, Nidaros Sparebank's average Dividends Per Share Growth Rate was -34.10% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 16.00% 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.

Nidaros Sparebank's Dividend Payout Ratio for the three months ended in Mar. 2024 was 0.41. As of today, Nidaros Sparebank's Dividend Yield % is 4.98%.

Warning Sign:

Nidaros Sparebank stock dividend yield is close to 3-year low.

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


Competitive Comparison of Nidaros Sparebank's 3-Year Dividend Growth Rate

For the Banks - Regional subindustry, Nidaros Sparebank'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.


Nidaros Sparebank's 3-Year Dividend Growth Rate Distribution in the Banks Industry

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

* The bar in red indicates where Nidaros Sparebank's 3-Year Dividend Growth Rate falls into.



Nidaros Sparebank 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.


Nidaros Sparebank  (OSL:NISB) 3-Year Dividend Growth Rate Explanation

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

Nidaros Sparebank'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 )
=5.67/ 13.965
=0.41

During the past 8 years, the highest Dividend Payout Ratio of Nidaros Sparebank was 1.71. The lowest was 0.54. And the median was 1.19.

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

Nidaros Sparebank Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
NOK 5.6700002024-03-222024-03-252024-04-05Cash DividendannuallyNOK:NOK 1.000000

* 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.

Nidaros Sparebank's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=5.67/113.80
=4.98 %

Current Share Price is kr113.80.
Nidaros Sparebank's Dividends per Share for the trailing twelve months (TTM) ended in Today is kr5.67.

During the past 8 years, the highest Dividend Yield of Nidaros Sparebank was 10.04%. The lowest was 4.24%. And the median was 5.86%.

Warning Sign:

Nidaros Sparebank stock dividend yield is close to 3-year low.

* 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.


Nidaros Sparebank 3-Year Dividend Growth Rate Related Terms>


Nidaros Sparebank (OSL:NISB) Business Description

Traded in Other Exchanges
N/A
Address
Nordalsvegen 2, Klaebu, NOR, 7540
Nidaros Sparebank is a Norway based financial institution. It offers various financial advisory services including loans, savings, insurance and pension products for both retail and corporate customers.

Nidaros Sparebank (OSL:NISB) Headlines

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