Spar Nord Bank A/S provides various banking products and services to retail, business, and public sector customers in Denmark. It offers deposits, loans, advances, and guarantee services, as well as custodianship accounts. The company also provides trading services in the field of equities, bonds, interest and forex, asset management, and international transactions, as well as leasing products. In addition, it offers consumer financing services through retail stores; gift voucher solutions through shopping centers and shopping center associations; and direct loans through its website, sparxpres.dk. Spar Nord Bank A/S was founded in 1824 and is based in Aalborg, Denmark.
Spar Nord Bank Dividend Announcement
• Spar Nord Bank announced a annually dividend of kr10.00 per ordinary share which will be made payable on 2024-03-22. Ex dividend date: 2024-03-20
• Spar Nord Bank annual dividend for 2024 was kr10.00
• Spar Nord Bank annual dividend for 2023 was kr4.50
• Spar Nord Bank's trailing twelve-month (TTM) dividend yield is 7.11%
• Spar Nord Bank's payout ratio for the trailing twelve months (TTM) is 50.36%
Spar Nord Bank Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-03-20 | kr10.00 | annually | 2024-03-22 |
2023-03-23 | kr4.50 | annually | 2023-03-27 |
2022-06-15 | kr2.50 | annually | 2022-06-17 |
2022-03-24 | kr2.50 | annually | 2022-03-28 |
2021-04-08 | kr1.50 | annually | 2021-04-12 |
2019-04-11 | kr3.50 | annually | 2019-04-15 |
2018-04-20 | kr3.50 | annually | 2018-04-24 |
2017-04-27 | kr5.00 | annually | 2017-05-01 |
2016-04-21 | kr3.00 | annually | |
2015-04-23 | kr2.00 | annually | |
2014-04-24 | kr1.00 | annually | |
2008-05-02 | kr2.12 | annually | |
2007-04-26 | kr2.12 | annually |
Spar Nord Bank Dividend per year
Spar Nord Bank Dividend growth
Spar Nord Bank Dividend Yield
Spar Nord Bank current trailing twelve-month (TTM) dividend yield is 7.11%. Interested in purchasing Spar Nord Bank stock? Use our calculator to estimate your expected dividend yield:
Spar Nord Bank Financial Ratios
Spar Nord Bank Dividend FAQ
Other factors to consider when evaluating Spar Nord 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.
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1. Determination of Dividend: Spar Nord 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, Spar Nord 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, Spar Nord 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 Spar Nord 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.
1. Record Date: Spar Nord 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, Spar Nord 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: Spar Nord 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.
To assess the safety of Spar Nord 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 Spar Nord 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.