As of today (2024-04-28), the Trailing Annual Dividend Yield of Storebrand ASA is 3.85%.
Warning Sign:
Storebrand ASA stock dividend yield is close to 2-year low.
The historical rank and industry rank for Storebrand ASA's Dividend Yield % or its related term are showing as below:
OSL:STB'
s Dividend Yield % Range Over the Past 10 Years
Min: 2.2 Med: 3.97 Max: 9.11
Current: 3.85
During the past 13 years, the highest Dividend Yield of Storebrand ASA was 9.11%. The lowest was 2.20%. And the median was 3.97%.
OSL:STB's Dividend Yield % is ranked better than 59.09% of 44
companies
in the Diversified Financial Services industry
Industry Median: 3.245
vs OSL:STB: 3.85
If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Storebrand ASA is 1.10, which seems too high.
During the past 13 years, the highest Dividend Payout Ratio of Storebrand ASA was 1.10. The lowest was 0.27. And the median was 0.56.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Storebrand ASA was 31.00% per year. The lowest was -41.10% per year. And the median was 1.20% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
Storebrand ASA Dividend Yield % Historical Data
The historical data trend for Storebrand ASA'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.
Competitive Comparison of Storebrand ASA's Dividend Yield %
For the Financial Conglomerates subindustry, Storebrand ASA'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.
Storebrand ASA's Dividend Yield % Distribution in the Diversified Financial Services Industry
For the Diversified Financial Services industry and Financial Services sector, Storebrand ASA's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Storebrand ASA's Dividend Yield % falls into.
Storebrand ASA Dividend Yield % Calculation
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Storebrand ASA Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
NOK 4.100
2024-04-05
2024-04-08
2024-04-16
Cash Dividend
annually
NOK: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.
Storebrand ASA's Trailing Annual Dividend Yield (%) for Today is calculated as
Storebrand ASA's Forward Annual Dividend Yield (%) for Today is calculated as
Forward Annual Dividend Yield
=
Forward Full Year Dividend
/
Current Share Price
=
4.1
/
106.40
=
3.85 %
Current Share Price is kr106.40. Storebrand ASA's Dividends per Share for the forward twelve months is calculated as kr4.1 * 1 = kr4.1.
* 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.
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.
Thank you for viewing the detailed overview of Storebrand ASA's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
Storebrand ASA is a Nordic long-term savings and insurance company. The business is divided into nonguaranteed savings, insurance, and guaranteed pensions. The savings segment includes products for retirement savings with no interest rate guarantees. The segment consists of defined contribution pensions in Norway and Sweden, asset management, and retail banking products. The insurance segment provides risk products in Norway and Sweden. It provides health, property & casualty, personal risk products, and employee-related & pension-related insurance. The Guaranteed Pension business area encompasses long-term pension savings products that give customers a guaranteed rate of return.
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