Pareto Bank ASA provides various banking products and services in Norway. The company accepts corporate deposits and private investment accounts. It also offers financing for housing and business projects; companies with a specific need for capital; conventional and industrial shipping; and the lending of financial instruments to private customers and companies. Pareto Bank ASA was incorporated in 2007 and is headquartered in Oslo, Norway.
Pareto Bank Dividend Announcement
• Pareto Bank announced a annually dividend of kr3.90 per ordinary share which will be made payable on 2024-04-15. Ex dividend date: 2024-04-05
• Pareto Bank annual dividend for 2024 was kr3.90
• Pareto Bank annual dividend for 2023 was kr3.86
• Pareto Bank's trailing twelve-month (TTM) dividend yield is 5.91%
• Pareto Bank's payout ratio for the trailing twelve months (TTM) is 43.24%
Pareto Bank Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-04-05 | kr3.90 | annually | 2024-04-15 |
2023-03-31 | kr3.86 | annually | 2020-11-10 |
2017-03-24 | kr1.00 | annually | 2017-04-19 |
Pareto Bank Dividend per year
Pareto Bank Dividend Yield
Pareto Bank current trailing twelve-month (TTM) dividend yield is 5.91%. Interested in purchasing Pareto Bank stock? Use our calculator to estimate your expected dividend yield:
Pareto Bank Financial Ratios
Pareto Bank Dividend FAQ
1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.
2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.
3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.
4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.
5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
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