SpareBank 1 SMN, together with its subsidiaries, provides various banking, accounting, and real estate products and services to private individuals and companies in Norway and internationally. The company offers mortgage, green, car, boat, other vehicles, and consumer loans, as well as refinancing, as well as savings accounts. It also provides BSU house savings for young people, BSU, and mikrosparing, as well as fixed rate and green deposits, and placement accounts; savings funds; investment solutions, such as share savings accounts, stock trading, and private banking services; and individual pension savings, and pension savings accounts. In addition, the company offers vehicle, housing and travel, person, animal, and valuables insurance services; property buying and selling advisory services; and mobile and online banking, and various debit and credit cards. Further, it offers loans and finances, including bank guarantees, corporate and construction loans, operating credit for agriculture, factoring, invoice sales, leasing, and liquidity loans with government guarantees; various pension products; and business and personal insurance products. Additionally, the company provides services, including accounting and payroll, HR, taxes and duties, and change of ownership, as well as IT solutions. It offers real estate agency, advisory, and external and equity financing services. SpareBank 1 SMN was founded in 1823 and is headquartered in Trondheim, Norway.
SpareBank 1 SMN Dividend Announcement
• SpareBank 1 SMN announced a annually dividend of kr12.00 per ordinary share which will be made payable on . Ex dividend date: 2024-03-22
• SpareBank 1 SMN annual dividend for 2024 was kr12.00
• SpareBank 1 SMN annual dividend for 2023 was kr6.50
• SpareBank 1 SMN's trailing twelve-month (TTM) dividend yield is 7.32%
• SpareBank 1 SMN's payout ratio for the trailing twelve months (TTM) is 52.44%
• SpareBank 1 SMN's dividend growth over the last five years (2018-2023) was 8.12% year
• SpareBank 1 SMN's dividend growth over the last ten years (2013-2023) was 15.79% year
SpareBank 1 SMN Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-03-22 | kr12.00 | annually | |
| 2023-03-29 | kr6.50 | annually | 2023-04-11 |
| 2022-03-25 | kr7.50 | annually | 2022-04-01 |
| 2021-11-02 | kr3.10 | annually | 2021-11-09 |
| 2021-03-26 | kr1.30 | annually | 2021-04-07 |
| 2020-03-27 | kr5.00 | annually | 2020-04-03 |
| 2019-03-29 | kr5.10 | annually | 2019-04-05 |
| 2018-03-23 | kr4.40 | annually | 2018-04-05 |
| 2017-03-29 | kr3.00 | annually | 2017-04-06 |
| 2016-04-01 | kr2.25 | annually | |
| 2015-03-27 | kr2.25 | annually | 2015-04-08 |
| 2014-03-27 | kr1.75 | annually | 2014-04-04 |
| 2013-03-22 | kr1.50 | annually | 2013-04-05 |
SpareBank 1 SMN Dividend per year
SpareBank 1 SMN Dividend growth
SpareBank 1 SMN Dividend Yield
SpareBank 1 SMN current trailing twelve-month (TTM) dividend yield is 7.32%. Interested in purchasing SpareBank 1 SMN stock? Use our calculator to estimate your expected dividend yield:
SpareBank 1 SMN Financial Ratios
P/E ratio7.17
PEG ratio0.05
P/B ratio0.93
ROE12.66%
Payout ratio52.44%
Current ratio1.98
Quick ratio1.80
Cash Ratio9.23
SpareBank 1 SMN Dividend FAQ
How much is the next SpareBank 1 SMN dividend?
SpareBank 1 SMN's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next SpareBank 1 SMN dividend. The next SpareBank 1 SMN dividend will be released in March.
When is SpareBank 1 SMN dividend paid?
SpareBank 1 SMN 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 SpareBank 1 SMN pay?
The specific amount of SpareBank 1 SMN 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 SpareBank 1 SMN's dividend history.
Does SpareBank 1 SMN stock pay dividends?
Yes, SpareBank 1 SMN 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 SpareBank 1 SMN's dividend history.
How much dividend does SpareBank 1 SMN pay?
SpareBank 1 SMN paid kr12.0 in 2024, kr6.5 in 2023, kr7.5 in 2022, kr4.4 in 2021, and kr5.0 in 2020.
How often does SpareBank 1 SMN pay dividends?
SpareBank 1 SMN 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 SpareBank 1 SMN's dividend yield?
The current dividend yield for SpareBank 1 SMN is 7.32%. 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 SpareBank 1 SMN's exact dividend yield.
When does SpareBank 1 SMN go ex dividend?
SpareBank 1 SMN's ex-dividend date for the latest dividend was on 2024-03-22. SpareBank 1 SMN 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 SpareBank 1 SMN dividend paid?
SpareBank 1 SMN pays dividends on a annually basis, typically around March, but the exact dates can vary each year.
Will SpareBank 1 SMN 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 SpareBank 1 SMN 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 SpareBank 1 SMN dividend per share?
SpareBank 1 SMN paid kr12.0 per share in 2024 and kr6.5 per share in 2023. The amount of dividend per share that SpareBank 1 SMN 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 SpareBank 1 SMN 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 SpareBank 1 SMN 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 SpareBank 1 SMN a dividend stock?
Yes, SpareBank 1 SMN is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is SpareBank 1 SMN a good dividend stock?
Whether SpareBank 1 SMN is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. SpareBank 1 SMN has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating SpareBank 1 SMN 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.
Other factors to consider when evaluating SpareBank 1 SMN 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 SpareBank 1 SMN pay dividends monthly?
SpareBank 1 SMN typically pays dividends on a annually basis.
Does SpareBank 1 SMN pay dividends quarterly?
SpareBank 1 SMN currently pays dividends on a annually basis.
Has SpareBank 1 SMN ever paid a dividend?
Yes, SpareBank 1 SMN has a history of paying dividends to its shareholders. SpareBank 1 SMN is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy SpareBank 1 SMN dividend stocks?
To buy SpareBank 1 SMN 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 SpareBank 1 SMN 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.
Place an order: Use the brokerage's trading platform to place an order to buy SpareBank 1 SMN 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 SpareBank 1 SMN pay dividends 2024?
SpareBank 1 SMN 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 SpareBank 1 SMN increase its dividend in 2024?
Decisions regarding SpareBank 1 SMN 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 SpareBank 1 SMN dividend overview you can look into the above table of dividend history.
How SpareBank 1 SMN dividend works?
The SpareBank 1 SMN 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 SpareBank 1 SMN's dividend process works:
1. Determination of Dividend: SpareBank 1 SMN'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, SpareBank 1 SMN 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, SpareBank 1 SMN 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 SpareBank 1 SMN 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. Determination of Dividend: SpareBank 1 SMN'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, SpareBank 1 SMN 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, SpareBank 1 SMN 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 SpareBank 1 SMN 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 SpareBank 1 SMN dividends paid?
SpareBank 1 SMN dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: SpareBank 1 SMN 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, SpareBank 1 SMN distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: SpareBank 1 SMN 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.
1. Record Date: SpareBank 1 SMN 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, SpareBank 1 SMN distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: SpareBank 1 SMN 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 SpareBank 1 SMN pay dividends?
SpareBank 1 SMN 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 SpareBank 1 SMN pay dividends?
The general pattern is that SpareBank 1 SMN 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 SpareBank 1 SMN dividend safe?
The safety of SpareBank 1 SMN'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 SpareBank 1 SMN'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 SpareBank 1 SMN'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.
To assess the safety of SpareBank 1 SMN'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 SpareBank 1 SMN'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.