Sogn Sparebank provides various banking products and services in Norway. The company offers savings products; home loans and small loans, as well as loans for cars and other vehicles; credit and other cards; and mobile and online banking services. It also provides bank guarantees, construction loans, overdraft, and business loans, as well as leasing and securities trading services. In addition, the company offers home and leisure, animals, damage, car, liability, work machine, data attack, farm building, operating equipment and crop, property damage, health, homeowners, agriculture, craftsman, commercial vehicle, business, and personnel insurance products. Sogn Sparebank was founded in 1846 and is based in Årdalstangen, Norway.
Sogn Sparebank Dividend Announcement
• Sogn Sparebank announced a annually dividend of kr15.00 per ordinary share which will be made payable on 2024-04-30. Ex dividend date: 2024-04-18
• Sogn Sparebank annual dividend for 2024 was kr15.00
• Sogn Sparebank annual dividend for 2023 was kr10.00
• Sogn Sparebank's trailing twelve-month (TTM) dividend yield is 6.02%
• Sogn Sparebank's payout ratio for the trailing twelve months (TTM) is 11.18%
Sogn Sparebank Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-04-18 | kr15.00 | annually | 2024-04-30 |
2023-04-21 | kr10.00 | annually | 2023-05-02 |
2022-04-28 | kr5.50 | annually | 2022-05-11 |
2021-04-29 | kr6.50 | annually | 2021-05-12 |
2020-04-16 | kr3.00 | annually | |
2020-03-31 | kr3.00 | annually | |
2019-03-29 | kr2.00 | annually | 2019-04-11 |
2017-03-31 | kr3.00 | annually | 2017-04-12 |
2016-03-31 | kr4.00 | annually | 2016-04-11 |
2015-02-27 | kr3.25 | annually | 2015-03-13 |
2014-02-28 | kr3.25 | annually | 2014-03-11 |
2013-03-01 | kr3.25 | annually | 2013-03-14 |
2012-03-01 | kr2.00 | annually | 2012-03-12 |
Sogn Sparebank Dividend per year
Sogn Sparebank Dividend growth
Sogn Sparebank Dividend Yield
Sogn Sparebank current trailing twelve-month (TTM) dividend yield is 6.02%. Interested in purchasing Sogn Sparebank stock? Use our calculator to estimate your expected dividend yield:
Sogn Sparebank Financial Ratios
Sogn Sparebank Dividend FAQ
Other factors to consider when evaluating Sogn 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: Sogn 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, Sogn 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, Sogn 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 Sogn 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: Sogn 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, Sogn 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: Sogn 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 Sogn 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 Sogn 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.