Sparebanken Sør operates as an independent financial institution in Norway. It operates through two segments, Retail Market and Corporate Market. The company is involved in banking, securities trading, and real estate brokerage activities in Agder, Rogaland, Vestfold, and Telemark. It also provides leasing, mortgage, and property management services; and sells general insurance, occupational pension, and group life insurance products. It conducts banking operations in 35 locations and real estate services in 18 locations. The company was founded in 1824 and is headquartered in Kristiansand, Norway. Sparebanken Sør operates as a subsidiary of Sparebankstiftelsen Sparebanken Sør.
Sparebanken Sør Dividend Announcement
• Sparebanken Sør announced a annually dividend of kr10.00 per ordinary share which will be made payable on . Ex dividend date: 2024-03-22
• Sparebanken Sør annual dividend for 2024 was kr10.00
• Sparebanken Sør annual dividend for 2023 was kr6.00
• Sparebanken Sør's trailing twelve-month (TTM) dividend yield is 5.22%
• Sparebanken Sør's payout ratio for the trailing twelve months (TTM) is 6.15%
• Sparebanken Sør's dividend growth over the last ten years (2013-2023) was 0.26% year
Sparebanken Sør Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-03-22 | kr10.00 | annually | |
2023-03-31 | kr6.00 | annually | 2023-04-13 |
2022-04-01 | kr8.00 | annually | 2022-04-12 |
2021-11-01 | kr3.60 | annually | 2021-11-09 |
2021-03-26 | kr14.00 | annually | 2021-04-08 |
2020-03-27 | kr8.00 | annually | |
2019-03-29 | kr6.00 | annually | 2019-04-09 |
2018-03-23 | kr6.00 | annually | 2018-04-05 |
2017-03-31 | kr6.00 | annually | 2017-04-11 |
2016-03-31 | kr9.00 | annually | 2016-04-12 |
2015-03-27 | kr5.85 | annually | 2015-04-14 |
2014-03-28 | kr5.85 | annually | 2014-04-10 |
2013-03-22 | kr5.85 | annually | 2013-04-11 |
Sparebanken Sør Dividend per year
Sparebanken Sør Dividend growth
Sparebanken Sør Dividend Yield
Sparebanken Sør current trailing twelve-month (TTM) dividend yield is 5.22%. Interested in purchasing Sparebanken Sør stock? Use our calculator to estimate your expected dividend yield:
Sparebanken Sør Financial Ratios
Sparebanken Sør Dividend FAQ
Other factors to consider when evaluating Sparebanken Sør 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 Sør'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 Sør 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 Sør 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 Sør 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 Sør 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 Sør 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 Sør 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 Sør'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 Sør'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.