Sparebanken Møre, together with its subsidiaries, provides banking services for retail and corporate customers primarily in Møre og Romsdal, Norway. It operates through Corporate, Retail, and Real Estate Brokerage segments. The company offers services in the areas of funding, deposits and other forms of investments, asset management, financial advisory, money transfer, currency and interest rate trading, insurance, and real estate brokerage. As of December 31, 2021, it operated a network of 27 branches in Møre og Romsdal. Sparebanken Møre was founded in 1843 and is headquartered in Ålesund, Norway.
Sparebanken Møre Dividend Announcement
• Sparebanken Møre announced a annually dividend of kr7.50 per ordinary share which will be made payable on . Ex dividend date: 2024-04-04
• Sparebanken Møre annual dividend for 2024 was kr7.50
• Sparebanken Møre annual dividend for 2023 was kr4.00
• Sparebanken Møre's trailing twelve-month (TTM) dividend yield is 8.21%
• Sparebanken Møre's payout ratio for the trailing twelve months (TTM) is 31.98%
• Sparebanken Møre's dividend growth over the last five years (2018-2023) was -22.16% year
• Sparebanken Møre's dividend growth over the last ten years (2013-2023) was -10.40% year
Sparebanken Møre Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-04-04 | kr7.50 | annually | |
2023-03-30 | kr4.00 | annually | 2023-04-12 |
2022-03-31 | kr16.00 | annually | 2022-04-08 |
2021-10-28 | kr9.00 | annually | 2021-11-05 |
2021-03-24 | kr4.50 | annually | 2021-04-06 |
2020-04-17 | kr14.00 | annually | 2020-04-27 |
2020-03-26 | kr70.00 | annually | |
2019-03-21 | kr15.50 | annually | 2019-04-01 |
2018-03-22 | kr14.00 | annually | 2018-04-04 |
2017-03-30 | kr14.00 | annually | 2017-04-07 |
2016-03-17 | kr11.50 | annually | 2016-04-01 |
2015-03-26 | kr13.50 | annually | 2015-04-08 |
2014-03-27 | kr8.00 | annually | 2014-04-07 |
2013-03-25 | kr12.00 | annually | 2013-04-10 |
Sparebanken Møre Dividend per year
Sparebanken Møre Dividend growth
Sparebanken Møre Dividend Yield
Sparebanken Møre current trailing twelve-month (TTM) dividend yield is 8.21%. Interested in purchasing Sparebanken Møre stock? Use our calculator to estimate your expected dividend yield:
Sparebanken Møre Financial Ratios
Sparebanken Møre Dividend FAQ
Other factors to consider when evaluating Sparebanken Møre 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: Sparebanken Møre'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, Sparebanken Møre 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, Sparebanken Møre 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 Sparebanken Møre 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: Sparebanken Møre 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, Sparebanken Møre distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Sparebanken Møre 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 Sparebanken Møre'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 Sparebanken Møre'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.