Danske Bank A/S provides various banking products and services to corporate, institutional, and international clients. The company offers corporate finance services, investment and debt capital markets products, merger and acquisition advisory services, equity and loan capital markets services, international payments, cash management, credit transfer, and supply chain and trade finance services. It also provides solutions for sustainable finance, derivatives, fixed income, foreign exchange, equities trading, cash flow forecast, collection services, financial platform, export finance, letter of credit, liquidity management, factoring, working capital management, guarantees, and in-house bank. In addition, it offers custody, depositary, data management, post-trade, bank and middle office, collateral management, and derivatives clearing services. The company has operations in Denmark, Finland, Sweden, Norway, the United Kingdom, and internationally. Danske Bank A/S was founded in 1871 and is headquartered in Copenhagen, Denmark.
Danske Bank Dividend Announcement
• Danske Bank announced a quarterly dividend of $0.32 per ordinary share which will be made payable on 2024-12-27. Ex dividend date: 2024-12-19
• Danske Bank annual dividend for 2024 was $1.41
• Danske Bank annual dividend for 2023 was $0.52
• Danske Bank's trailing twelve-month (TTM) dividend yield is 7.21%
• Danske Bank's payout ratio for the trailing twelve months (TTM) is 54.61%
• Danske Bank's dividend growth over the last five years (2018-2023) was -9.01% year
Danske Bank Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-12-19 | $0.32 | quarterly | 2024-12-27 |
2024-07-29 | $0.54 | quarterly | 2024-08-01 |
2024-03-22 | $0.55 | quarterly | 2024-04-02 |
2023-07-28 | $0.52 | quarterly | 2023-08-02 |
2022-03-18 | $0.15 | quarterly | 2022-03-29 |
2021-03-17 | $0.16 | quarterly | 2021-03-26 |
2020-03-18 | $0.63 | quarterly | 2020-03-27 |
2019-03-19 | $0.65 | quarterly | 2019-03-28 |
2018-03-16 | $0.83 | quarterly | 2018-03-27 |
2017-03-16 | $0.65 | quarterly | 2017-03-28 |
2016-03-17 | $0.60 | quarterly | 2016-03-29 |
2015-03-18 | $0.42 | quarterly | |
2014-03-19 | $0.18 | quarterly | |
2011-04-14 | $0.97 | quarterly |
Danske Bank Dividend per year
Danske Bank Dividend growth
Danske Bank Dividend Yield
Danske Bank current trailing twelve-month (TTM) dividend yield is 7.21%. Interested in purchasing Danske Bank stock? Use our calculator to estimate your expected dividend yield:
Danske Bank Financial Ratios
Danske Bank Dividend FAQ
Other factors to consider when evaluating Danske Bank 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: Danske Bank'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, Danske Bank 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, Danske Bank 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 Danske Bank 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: Danske Bank 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, Danske Bank distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Danske Bank 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 Danske Bank'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 Danske Bank'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.