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Nidaros Sparebank (OSL:NISB) Dividend Yield % : 5.56% (As of May. 29, 2024)


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What is Nidaros Sparebank Dividend Yield %?

As of today (2024-05-29), the Trailing Annual Dividend Yield of Nidaros Sparebank is 5.56%.

Warning Sign:

Nidaros Sparebank stock dividend yield is close to 1-year low.

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

OSL:NISB' s Dividend Yield % Range Over the Past 10 Years
Min: 4.24   Med: 5.86   Max: 10.04
Current: 5.56

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%.

OSL:NISB's Dividend Yield % is ranked better than
70.77% of 1194 companies
in the Banks industry
Industry Median: 3.985 vs OSL:NISB: 5.56

Nidaros Sparebank's Dividend Payout Ratio for the three months ended in Mar. 2024 was 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.

As of today (2024-05-29), the Forward Dividend Yield % of Nidaros Sparebank is 5.56%.

Nidaros Sparebank's Dividends per Share for the three 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 Yield % Historical Data

The historical data trend for Nidaros Sparebank's Dividend Yield % 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 Yield % Chart

Nidaros Sparebank Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Get a 7-Day Free Trial - 5.74 4.75 5.23 7.68

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 Yield % 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 7.82 7.48 7.68 7.68 5.30

Competitive Comparison of Nidaros Sparebank's Dividend Yield %

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

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

* The bar in red indicates where Nidaros Sparebank's Dividend Yield % falls into.



Nidaros Sparebank Dividend Yield % Calculation

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 Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=5.67/113.00
=5.02 %

Current Share Price is kr113.00.
Nidaros Sparebank's Dividends per Share for the trailing twelve months (TTM) ended in Today is kr5.67.

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

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=5.67/113.00
=5.02 %

Current Share Price is kr113.00.
Nidaros Sparebank's Dividends per Share for the forward twelve months is calculated as kr5.67 * 1 = kr5.67.

* 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 Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

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.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Nidaros Sparebank Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Nidaros Sparebank's Dividend Yield % 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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