Storebrand ASA, through its subsidiaries, primarily provides insurance products and services in Norway the United States, Japan, and Sweden. The company operates through four segments: Savings, Insurance, Guaranteed Pension, and Other. The Savings segment offers retirement savings, defined contribution pensions, asset management, and retail banking products. The Insurance segment provides health insurance, property and casualty insurance, personal risk products, and employee-related and pension-related insurance products. The Guaranteed Pension segment offers long-term pension savings products, such as defined contribution pensions, paid-up policies, and individual capital and pension insurance products. The Other segment provides life insurance products. It also offers securities, and banking and investment services. The company serves private individuals, corporate and retail markets, companies, municipalities, and public sector. Storebrand ASA was founded in 1767 and is headquartered in Lysaker, Norway.
Storebrand Dividend Announcement
• Storebrand announced a annually dividend of kr4.10 per ordinary share which will be made payable on . Ex dividend date: 2024-04-05
• Storebrand annual dividend for 2024 was kr4.10
• Storebrand annual dividend for 2023 was kr3.70
• Storebrand's trailing twelve-month (TTM) dividend yield is 3.29%
• Storebrand's payout ratio for the trailing twelve months (TTM) is 35.89%
• Storebrand's dividend growth over the last five years (2018-2023) was 56.04% year
Storebrand Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-04-05 | kr4.10 | annually | |
2023-04-14 | kr3.70 | annually | 2023-04-25 |
2022-04-07 | kr3.50 | annually | 2022-04-21 |
2021-04-09 | kr3.25 | annually | 2021-04-20 |
2020-04-23 | kr3.25 | annually | |
2019-04-11 | kr3.00 | annually | 2019-04-24 |
2018-04-12 | kr0.40 | annually | 2018-04-24 |
2017-04-06 | kr1.55 | annually | 2017-04-21 |
2011-04-14 | kr1.10 | annually | 2011-05-05 |
2008-04-24 | kr1.20 | annually | 2008-05-06 |
2007-04-26 | kr1.80 | annually | 2007-05-08 |
2006-05-04 | kr4.00 | annually | 2006-05-15 |
Storebrand Dividend per year
Storebrand Dividend growth
Storebrand Dividend Yield
Storebrand current trailing twelve-month (TTM) dividend yield is 3.29%. Interested in purchasing Storebrand stock? Use our calculator to estimate your expected dividend yield:
Storebrand Financial Ratios
Storebrand Dividend FAQ
Other factors to consider when evaluating Storebrand 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: Storebrand'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, Storebrand 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, Storebrand 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 Storebrand 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: Storebrand 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, Storebrand distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Storebrand 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 Storebrand'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 Storebrand'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.