Gjensidige Forsikring ASA provides general insurance and pension products in Norway, Sweden, Denmark, Latvia, Lithuania, and Estonia. The company operates through six segments: General Insurance Private, General Insurance Commercial, General Insurance Denmark, General Insurance Sweden, General Insurance Baltics, and Pension. It offers motor, home, accident and health, travel, leisure craft, boat, valuables, liability, commercial, marine/transport, agriculture, natural perils, life, and pet insurance products. The company also provides defined contribution occupational pension schemes for businesses, which include disability pension, spouse/cohabitant pension, and child's pension products. It distributes its products through various distribution channels comprising office channel, call center, Internet, partners, and brokers to private and commercial customers. The company was founded in 1816 and is headquartered in Oslo, Norway.
Gjensidige Forsikring Dividend Announcement
• Gjensidige Forsikring announced a annually dividend of $0.08 per ordinary share which will be made payable on 2024-04-22. Ex dividend date: 2024-03-21
• Gjensidige Forsikring annual dividend for 2024 was $0.08
• Gjensidige Forsikring annual dividend for 2023 was $0.54
• Gjensidige Forsikring's trailing twelve-month (TTM) dividend yield is 4.78%
• Gjensidige Forsikring's payout ratio for the trailing twelve months (TTM) is 88.48%
Gjensidige Forsikring Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-03-21 | $0.08 | annually | 2024-04-22 |
2023-03-24 | $0.54 | annually | 2023-04-17 |
2022-03-25 | $0.10 | annually | 2022-04-21 |
2021-11-12 | $0.05 | annually | 2021-12-01 |
2021-03-25 | $0.10 | annually | 2021-04-22 |
2021-01-29 | $0.03 | annually | 2021-02-19 |
2020-09-25 | $0.14 | annually | 2020-10-15 |
2020-03-27 | $0.12 | annually | |
2018-04-06 | $0.11 | annually | 2018-05-01 |
2017-04-06 | $0.09 | annually | 2017-05-05 |
2016-11-03 | $0.06 | annually | |
2016-04-07 | $0.09 | annually | |
2015-04-23 | $0.10 | annually | |
2014-10-30 | $0.09 | annually |
Gjensidige Forsikring Dividend per year
Gjensidige Forsikring Dividend growth
Gjensidige Forsikring Dividend Yield
Gjensidige Forsikring current trailing twelve-month (TTM) dividend yield is 4.78%. Interested in purchasing Gjensidige Forsikring stock? Use our calculator to estimate your expected dividend yield:
Gjensidige Forsikring Financial Ratios
Gjensidige Forsikring Dividend FAQ
Other factors to consider when evaluating Gjensidige Forsikring 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: Gjensidige Forsikring'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, Gjensidige Forsikring 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, Gjensidige Forsikring 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 Gjensidige Forsikring 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: Gjensidige Forsikring 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, Gjensidige Forsikring distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Gjensidige Forsikring 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 Gjensidige Forsikring'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 Gjensidige Forsikring'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.