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Nidaros Sparebank (OSL:NISB) Dividend Payout Ratio : 0.41 (As of Mar. 2024)


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What is Nidaros Sparebank Dividend Payout Ratio?

Nidaros Sparebank's dividend payout ratio for the months ended in Mar. 2024 was 0.41.

The historical rank and industry rank for Nidaros Sparebank's Dividend Payout Ratio or its related term are showing as below:

OSL:NISB' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.54   Med: 1.19   Max: 1.71
Current: 0.54


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.

OSL:NISB's Dividend Payout Ratio is ranked worse than
77.8% of 1090 companies
in the Banks industry
Industry Median: 0.34 vs OSL:NISB: 0.54

As of today (2024-06-10), the Dividend Yield % of Nidaros Sparebank is 4.97%.

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

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

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.

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.

The growth rate is calculated with least square regression.

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


Nidaros Sparebank Dividend Payout Ratio Historical Data

The historical data trend for Nidaros Sparebank's Dividend Payout Ratio can be seen below:

* 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.

* Premium members only.

Nidaros Sparebank Dividend Payout Ratio Chart

Nidaros Sparebank Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Payout Ratio
Get a 7-Day Free Trial - 0.89 1.71 1.02 1.36

Nidaros Sparebank Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.92 - - - 0.41

Competitive Comparison of Nidaros Sparebank's Dividend Payout Ratio

For the Banks - Regional subindustry, Nidaros Sparebank's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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 Dividend Payout Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Nidaros Sparebank's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Nidaros Sparebank's Dividend Payout Ratio falls into.



Nidaros Sparebank Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Nidaros Sparebank's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Dec. 2023 )/ EPS without NRI (A: Dec. 2023 )
=8.6/ 6.34
=1.36

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

* 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 (OSL:NISB) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.


Nidaros Sparebank Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Nidaros Sparebank's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


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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