Arion banki hf. provides various financial services to households, corporates, institutions, and investors in Iceland and internationally. It operates through three segments: Retail Banking, Corporate & Investment Banking, and Markets & Stefnir. The Retail Banking segment offers financial services, which includes deposits and loans, savings, payment cards, pensions, insurance, securities, and funds. The Corporate & Investment Banking segment provides a range of lending products, such as guarantees, deposit accounts, payment solutions, and value-added digital solutions to SMEs, large cap companies, and investors; international transactions; and various financial advisory services, including M&A advisory, equity private placements, IPOs, and other offerings of securities. The Markets & Stefnir segment manages financial assets on behalf of its customers, as well as a range of mutual, investment, and institutional investor funds; administers pension funds; and provides various services capital markets. It also offers liquidity, currency, and interest rate management services; handles various debt issuance in the domestic and foreign markets, as well as maintaining its credit ratings; provides non-life and life insurance; and invests in properties. The company was incorporated in 2008 and is based in Reykjavík, Iceland.
Arion banki Dividend Announcement
• Arion banki announced a annually dividend of kr0.68 per ordinary share which will be made payable on 2024-03-20. Ex dividend date: 2024-03-14
• Arion banki annual dividend for 2024 was kr0.68
• Arion banki annual dividend for 2023 was kr0.63
• Arion banki's trailing twelve-month (TTM) dividend yield is 5.63%
• Arion banki's payout ratio for the trailing twelve months (TTM) is 54.24%
Arion banki Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-03-14 | kr0.68 | annually | 2024-03-20 |
2023-03-16 | kr0.63 | annually | 2023-03-23 |
2022-03-17 | kr1.09 | annually | 2022-03-24 |
2021-03-17 | kr0.12 | annually | 2021-03-24 |
2019-03-21 | kr0.39 | annually | 2019-03-29 |
2018-09-06 | kr0.41 | annually | 2018-09-28 |
Arion banki Dividend per year
Arion banki Dividend growth
Arion banki Dividend Yield
Arion banki current trailing twelve-month (TTM) dividend yield is 5.63%. Interested in purchasing Arion banki stock? Use our calculator to estimate your expected dividend yield:
Arion banki Financial Ratios
Arion banki Dividend FAQ
Other factors to consider when evaluating Arion banki as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Arion banki's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Arion banki publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Arion banki distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Arion banki are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Arion banki sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Arion banki distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Arion banki declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Arion banki's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Arion banki's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.