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Skjern Bank A/S provides various banking products and services to private and corporate customers in Denmark. The company offers saving accounts; home, car, priority, and mortgage loans, as well as loans for electric cars, energy optimization of the home, or investment in renewable energy; pension products; and home, salary protection, car, MasterCard, accident, family, travel, and personal insurance products. It also provides cards and cash products; residence products; advisory and international collection services; letters of credit; foreign guarantees and payments; currency accounts; and financing and investment products. Skjern Bank A/S was founded in 1906 and is based in Skjern, Denmark.

Skjern Bank Dividend Announcement

Skjern Bank announced a annually dividend of kr5.00 per ordinary share which will be made payable on . Ex dividend date: 2024-03-05
Skjern Bank annual dividend for 2024 was kr5.00
Skjern Bank annual dividend for 2023 was kr3.00
Skjern Bank's trailing twelve-month (TTM) dividend yield is 3.18%

Skjern Bank Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-03-05kr5.00annually
2023-03-07kr3.00annually2023-03-09
2022-03-08kr3.00annually2022-03-10
2021-03-02kr2.00annually2021-03-04
2020-03-03kr3.00annually2020-03-05
2008-03-04kr2.11annually
2007-03-06kr2.11annually
2006-03-09kr4.22annually
2005-03-15kr2.11annually
2004-03-09kr1.27annually

Skjern Bank Dividend per year

Skjern Bank Dividend growth

Skjern Bank Dividend Yield

Skjern Bank current trailing twelve-month (TTM) dividend yield is 3.18%. Interested in purchasing Skjern Bank stock? Use our calculator to estimate your expected dividend yield:

Skjern Bank Financial Ratios

P/E ratio5.44
PEG ratio0.10
P/B ratio0.87
ROE16.80%
Payout ratio0.00%
Current ratio46.29
Quick ratio46.29
Cash Ratio23.14

Skjern Bank Dividend FAQ

How much is the next Skjern Bank dividend?
Skjern Bank's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Skjern Bank dividend. The next Skjern Bank dividend will be released in March.
When is Skjern Bank dividend paid?
Skjern Bank pays dividends on a annually basis. The specific dates may vary each year but are generally around March. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Skjern Bank pay?
The specific amount of Skjern Bank dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Skjern Bank's dividend history.
Does Skjern Bank stock pay dividends?
Yes, Skjern Bank does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Skjern Bank's dividend history.
How much dividend does Skjern Bank pay?
Skjern Bank paid kr5.0 in 2024, kr3.0 in 2023, kr3.0 in 2022, kr2.0 in 2021, and kr3.0 in 2020.
How often does Skjern Bank pay dividends?
Skjern Bank typically pays dividends on a annually basis. This means that dividends are usually distributed 1 times a year. The specific payout dates may vary each year but generally fall around March.
What is Skjern Bank's dividend yield?
The current dividend yield for Skjern Bank is 3.18%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Skjern Bank's exact dividend yield.
When does Skjern Bank go ex dividend?
Skjern Bank's ex-dividend date for the latest dividend was on 2024-03-05. Skjern Bank typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Skjern Bank dividend paid?
Skjern Bank pays dividends on a annually basis, typically around March, but the exact dates can vary each year.
Will Skjern Bank increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Skjern Bank will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Skjern Bank dividend per share?
Skjern Bank paid kr5.0 per share in 2024 and kr3.0 per share in 2023. The amount of dividend per share that Skjern Bank pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Skjern Bank a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Skjern Bank a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Skjern Bank a dividend stock?
Yes, Skjern Bank is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Skjern Bank a good dividend stock?
Whether Skjern Bank is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Skjern Bank has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Skjern 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.
Does Skjern Bank pay dividends monthly?
Skjern Bank typically pays dividends on a annually basis.
Does Skjern Bank pay dividends quarterly?
Skjern Bank currently pays dividends on a annually basis.
Has Skjern Bank ever paid a dividend?
Yes, Skjern Bank has a history of paying dividends to its shareholders. Skjern Bank is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Skjern Bank dividend stocks?
To buy Skjern Bank you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy Skjern Bank stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Skjern Bank pay dividends 2024?
Skjern Bank pays dividends on a annually basis. 2024 dividend payments are in . However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Skjern Bank increase its dividend in 2024?
Decisions regarding Skjern Bank dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Skjern Bank dividend overview you can look into the above table of dividend history.
How Skjern Bank dividend works?
The Skjern Bank dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Skjern Bank's dividend process works:

1. Determination of Dividend: Skjern 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, Skjern 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, Skjern 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 Skjern 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.
How are Skjern Bank dividends paid?
Skjern Bank dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Skjern 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, Skjern 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: Skjern 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.
How many times does Skjern Bank pay dividends?
Skjern Bank typically pays dividends on a annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Skjern Bank pay dividends?
The general pattern is that Skjern Bank pays dividends around March. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Skjern Bank dividend safe?
The safety of Skjern Bank's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

To assess the safety of Skjern 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 Skjern 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.