Rana Gruber ASA (OSL:RANA) Dividend Payout Ratio : 7.23 (As of Mar. 2024)

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What is Rana Gruber ASA Dividend Payout Ratio?

Rana Gruber ASA's dividend payout ratio for the months ended in Mar. 2024 was 7.23.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Rana Gruber ASA is 0.97, which seems too high.

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

OSL:RANA' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.48 Med: 0.69 Max: 0.97
Current: 0.97

During the past 7 years, the highest Dividend Payout Ratio of Rana Gruber ASA was 0.97. The lowest was 0.48. And the median was 0.69.

OSL:RANA's Dividend Payout Ratio is ranked worse than
84.14% of 309 companies
in the Steel industry
Industry Median: 0.3 vs OSL:RANA: 0.97

As of today (2024-06-07), the Dividend Yield % of Rana Gruber ASA is 14.78%.

During the past 7 years, the highest Trailing Annual Dividend Yield of Rana Gruber ASA was 21.65%. The lowest was 3.86%. And the median was 14.52%.

Rana Gruber ASA's Dividends per Share for the months ended in Mar. 2024 was kr4.27.

During the past 12 months, Rana Gruber ASA's average Dividends Per Share Growth Rate was 61.60% per year.

The growth rate is calculated with least square regression.

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

Rana Gruber ASA Dividend Payout Ratio Historical Data

The historical data trend for Rana Gruber ASA'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.

Rana Gruber ASA Dividend Payout Ratio Chart

Rana Gruber ASA Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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0.48

0.70

0.69

Rana Gruber ASA Quarterly Data
	Dec17	Dec18	Sep19	Dec19	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															0.74	1.94	0.47	0.50	7.23

Competitive Comparison of Rana Gruber ASA's Dividend Payout Ratio

For the Steel subindustry, Rana Gruber ASA'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.

Rana Gruber ASA's Dividend Payout Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Rana Gruber ASA's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Rana Gruber ASA's Dividend Payout Ratio falls into.

Rana Gruber ASA Dividend Payout Ratio Calculation

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

Rana Gruber ASA'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 )
	=	11.09	/	16.197
	=	0.68

Rana Gruber ASA'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 )
	=	4.27	/	0.591
	=	7.23

Rana Gruber ASA (OSL:RANA) 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.

Rana Gruber ASA Dividend Payout Ratio Related Terms

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

Rana Gruber ASA (OSL:RANA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Rana Gruber ASA (OSL:RANA) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

RANAo:Sweden 7XH:Germany

Address

Mjolanveien 29, Mo i Rana, NOR, 8622

Website

https://www.ranagruber.no

Rana Gruber ASA is a sustainable iron ore producer in Norway. It is engaged in the excavating, processing and sale of iron oxide in the form of hematite, magnetite and iron oxide pigments. Hematite is used for iron and steel production in smelting plants in Europe and magnetite is used in industrial water purification processes. The iron ore production takes place at the group's iron ore deposits at Ortfjell as open-pit production and underground operation. It produces and sells iron ore concentrate, and mainly serves steel producers and participants in the chemical industry.The majority of revenue from contracts with customers arise from the sale of hematite products.

Rana Gruber ASA (OSL:RANA) Headlines

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