Sydbank A/S, together with its subsidiaries, provides various banking products and services to corporate and retail customers in Denmark and internationally. The company operates in Banking, Asset Management, Sydbank Markets, Treasury, and Other segments. The company offers various deposits, and loans and advances; and corporate banking services, including financing solutions and advisory services; and international commercial banking services, such as payment and cash management solutions. It also provides private banking products and services, such as advice related to pensions, investments, and various financial issues; personal and individual advisory services; and payment card, insurance, and investment products and related services. In addition, the company offers advisory and asset management services for investment funds, pooled pension plans, foundations, institutional clients, and wealthy customers; and advice and quotes prices as regards bonds, shares, and foreign exchange, as well as undertakes market-making obligations for institutional clients, central banks, asset managers, foreign and other clients, and banks. Further, it deals in mortgage bonds; and provides online solutions. The company was founded in 1970 and is headquartered in Aabenraa, Denmark.
Sydbank Dividend Announcement
• Sydbank announced a annually dividend of kr30.56 per ordinary share which will be made payable on . Ex dividend date: 2024-03-22
• Sydbank annual dividend for 2024 was kr30.56
• Sydbank annual dividend for 2023 was kr16.77
• Sydbank's trailing twelve-month (TTM) dividend yield is 8.99%
• Sydbank's payout ratio for the trailing twelve months (TTM) is 50.51%
• Sydbank's dividend growth over the last five years (2018-2023) was 8.20% year
Sydbank Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-03-22 | kr30.56 | annually | |
2023-03-24 | kr16.77 | annually | 2023-03-28 |
2022-03-25 | kr12.00 | annually | 2022-03-29 |
2021-10-27 | kr5.70 | annually | 2021-10-29 |
2021-03-26 | kr4.00 | annually | 2021-03-30 |
2020-03-20 | kr9.36 | annually | |
2019-03-22 | kr9.36 | annually | 2019-03-26 |
2018-03-15 | kr11.31 | annually | 2018-03-19 |
2017-03-24 | kr10.46 | annually | 2017-03-28 |
2016-03-18 | kr3.18 | annually | |
2015-03-13 | kr7.08 | annually | |
2011-03-11 | kr1.00 | annually | |
2008-02-29 | kr3.00 | annually |
Sydbank Dividend per year
Sydbank Dividend growth
Sydbank Dividend Yield
Sydbank current trailing twelve-month (TTM) dividend yield is 8.99%. Interested in purchasing Sydbank stock? Use our calculator to estimate your expected dividend yield:
Sydbank Financial Ratios
Sydbank Dividend FAQ
Other factors to consider when evaluating Sydbank 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: Sydbank'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, Sydbank 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, Sydbank 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 Sydbank 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: Sydbank 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, Sydbank distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Sydbank 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 Sydbank'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 Sydbank'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.