Íslandsbanki hf., together with its subsidiaries, provides commercial banking products and services to the retail and corporate sectors in Iceland. The company provides personal banking services comprising online banking, online chat, personal advisory, digital and personalized services to retail customers. It also offers business banking products and services to small and medium-sized enterprises, and asset financing services under the Ergo brand. In addition, the company provides corporate and investment banking services consisting of financial and investment banking services to large companies, pension and investment funds, institutional investors, and high net worth individuals. Further, the company offers securities and foreign currency, investment advice, corporate finance, lending, and private banking services. The company was founded in 1905 and is headquartered in Kópavogur, Iceland.
Íslandsbanki Dividend Announcement
• Íslandsbanki announced a annually dividend of kr6.26 per ordinary share which will be made payable on . Ex dividend date: 2024-03-22
• Íslandsbanki annual dividend for 2024 was kr6.26
• Íslandsbanki annual dividend for 2023 was kr6.15
• Íslandsbanki's trailing twelve-month (TTM) dividend yield is 5.17%
• Íslandsbanki's payout ratio for the trailing twelve months (TTM) is 50.86%
Íslandsbanki Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-03-22 | kr6.26 | annually | |
2023-03-17 | kr6.15 | annually | 2023-03-27 |
2022-03-18 | kr5.95 | annually | 2022-03-28 |
Íslandsbanki Dividend per year
Íslandsbanki Dividend growth
Íslandsbanki Dividend Yield
Íslandsbanki current trailing twelve-month (TTM) dividend yield is 5.17%. Interested in purchasing Íslandsbanki stock? Use our calculator to estimate your expected dividend yield:
Íslandsbanki Financial Ratios
Íslandsbanki Dividend FAQ
Other factors to consider when evaluating Íslandsbanki 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: Íslandsbanki'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, Íslandsbanki 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, Íslandsbanki 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 Íslandsbanki 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: Íslandsbanki 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, Íslandsbanki distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Íslandsbanki 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 Íslandsbanki'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 Íslandsbanki'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.