Totens Sparebank provides various banking and financial products and services in Norway. The company offers savings and pension products; business and construction loans; leasing; overdrafts and bank guarantees; liability, business, data attack, property damage, craftsman, health, homeowners, collective, personnel, travel, occupational injury, agriculture, and vehicle insurance; and business and credit cards. It also provides online and mobile banking services; payment solutions; asset management; and real estate services. The company operates through five offices located in Lena, Raufoss, Gjøvik, Hamar, and Råholt. Totens Sparebank was founded in 1854 and is headquartered in Lena, Norway.
Totens Sparebank Dividend Announcement
• Totens Sparebank announced a annually dividend of kr14.57 per ordinary share which will be made payable on . Ex dividend date: 2024-03-22
• Totens Sparebank annual dividend for 2024 was kr14.57
• Totens Sparebank annual dividend for 2023 was kr11.00
• Totens Sparebank's trailing twelve-month (TTM) dividend yield is 5.02%
• Totens Sparebank's payout ratio for the trailing twelve months (TTM) is 108.79%
• Totens Sparebank's dividend growth over the last five years (2018-2023) was 6.58% year
Totens Sparebank Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-03-22 | kr14.57 | annually | |
2023-03-31 | kr11.00 | annually | 2023-04-14 |
2022-04-01 | kr10.00 | annually | 2022-04-12 |
2021-03-26 | kr6.75 | annually | 2021-04-09 |
2020-04-01 | kr7.00 | annually | 2020-04-15 |
2019-03-29 | kr8.00 | annually | 2019-04-09 |
2018-03-23 | kr8.00 | annually | 2018-04-06 |
2017-03-31 | kr6.00 | annually | 2017-04-07 |
2016-04-07 | kr4.00 | annually | 2016-04-15 |
2014-03-21 | kr2.50 | annually | 2014-04-01 |
2013-03-22 | kr2.00 | annually | 2013-04-05 |
2011-03-31 | kr7.75 | annually | 2011-04-08 |
Totens Sparebank Dividend per year
Totens Sparebank Dividend growth
Totens Sparebank Dividend Yield
Totens Sparebank current trailing twelve-month (TTM) dividend yield is 5.02%. Interested in purchasing Totens Sparebank stock? Use our calculator to estimate your expected dividend yield:
Totens Sparebank Financial Ratios
Totens Sparebank Dividend FAQ
Other factors to consider when evaluating Totens Sparebank 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: Totens Sparebank'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, Totens Sparebank 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, Totens Sparebank 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 Totens Sparebank 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: Totens Sparebank 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, Totens Sparebank distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Totens Sparebank 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 Totens Sparebank'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 Totens Sparebank'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.