Sandnes Sparebank, an independent savings bank, provides a range of banking and investment products to retail and corporate customers in Norway. It operates through three segments: Retail Market, Corporate Market, and Real Estate. The company offers fixed rate deposits, deposit accounts, BSU, and tax withholding and other accounts; various loans and guarantees; and mobile and internet banking services. It also provides real estate brokerage and general investment advisory services. The company was founded in 1875 and is headquartered in Sandnes, Norway.
Sandnes Sparebank Dividend Announcement
• Sandnes Sparebank announced a annually dividend of kr7.50 per ordinary share which will be made payable on 2024-04-19. Ex dividend date: 2024-04-11
• Sandnes Sparebank annual dividend for 2024 was kr7.50
• Sandnes Sparebank annual dividend for 2023 was kr6.05
• Sandnes Sparebank's trailing twelve-month (TTM) dividend yield is 7.25%
• Sandnes Sparebank's payout ratio for the trailing twelve months (TTM) is 42.96%
• Sandnes Sparebank's dividend growth over the last five years (2018-2023) was 16.66% year
Sandnes Sparebank Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-04-11 | kr7.50 | annually | 2024-04-19 |
2023-03-29 | kr6.05 | annually | 2023-04-13 |
2022-03-24 | kr5.35 | annually | 2022-04-01 |
2021-10-15 | kr5.95 | annually | 2021-10-22 |
2020-04-01 | kr5.00 | annually | 2020-04-15 |
2020-03-26 | kr5.90 | annually | |
2019-03-29 | kr5.20 | annually | 2019-04-10 |
2018-03-22 | kr2.80 | annually | 2018-04-06 |
2017-03-31 | kr1.25 | annually | 2017-04-11 |
2015-03-27 | kr1.84 | annually | 2015-04-10 |
2014-03-27 | kr1.84 | annually | 2014-04-11 |
2013-04-12 | kr1.84 | annually | 2013-04-26 |
2012-03-30 | kr1.53 | annually | 2012-04-13 |
Sandnes Sparebank Dividend per year
Sandnes Sparebank Dividend growth
Sandnes Sparebank Dividend Yield
Sandnes Sparebank current trailing twelve-month (TTM) dividend yield is 7.25%. Interested in purchasing Sandnes Sparebank stock? Use our calculator to estimate your expected dividend yield:
Sandnes Sparebank Financial Ratios
Sandnes Sparebank Dividend FAQ
Other factors to consider when evaluating Sandnes Sparebank 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: Sandnes Sparebank'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, Sandnes Sparebank 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, Sandnes Sparebank 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 Sandnes Sparebank 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: Sandnes Sparebank 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, Sandnes Sparebank distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Sandnes Sparebank 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 Sandnes Sparebank'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 Sandnes Sparebank'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.