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Grong Sparebank (OSL:GRONG) Dividends per Share : kr10.00 (TTM As of Mar. 2024)


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What is Grong Sparebank Dividends per Share?

Grong Sparebank's dividends per share for the three months ended in Mar. 2024 was kr10.00. Its dividends per share for the trailing twelve months (TTM) ended in Mar. 2024 was kr10.00. Its Dividend Payout Ratio for the three months ended in Mar. 2024 was 3.66. As of today, Grong Sparebank's Dividend Yield % is 7.08%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Grong Sparebank is 1.60, which seems too high.

Good Sign:

Grong Sparebank stock dividend yield is close to 10-year high.

During the past 12 months, Grong Sparebank's average Dividends Per Share Growth Rate was 11.10% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 13.80% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 7.60% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

During the past 10 years, the highest 3-Year average Dividends Per Share Growth Rate of Grong Sparebank was 13.80% per year. The lowest was -4.80% per year. And the median was 8.70% per year.

For more information regarding to dividend, please check our Dividend Page.


Grong Sparebank Dividends per Share Historical Data

The historical data trend for Grong Sparebank's Dividends per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Grong Sparebank Dividends per Share Chart

Grong Sparebank Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividends per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.10 6.10 5.23 7.85 9.00

Grong Sparebank Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Dividends per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9.00 - - - 10.00

Competitive Comparison of Grong Sparebank's Dividends per Share

For the Banks - Regional subindustry, Grong Sparebank's Dividend Yield %, along with its competitors' market caps and Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Grong Sparebank's Dividend Yield % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Grong Sparebank's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Grong Sparebank's Dividend Yield % falls into.



Grong Sparebank Dividends per Share Calculation

Dividends paid to per common share.


Grong Sparebank  (OSL:GRONG) Dividends per Share Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Grong Sparebank's Dividend Payout Ratio for the quarter that ended in Mar. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Mar. 2024 )/ EPS without NRI (Q: Mar. 2024 )
=10/ 2.73
=3.66

During the past 10 years, the highest Dividend Payout Ratio of Grong Sparebank was 1.60. The lowest was 0.36. And the median was 0.51.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Grong Sparebank is 1.60, which seems too high.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Grong Sparebank Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
NOK 10.0000002024-04-042024-04-052024-04-12Cash DividendannuallyNOK:NOK 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.


Grong Sparebank's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=10/141.20
=7.08 %

Current Share Price is kr141.20.
Grong Sparebank's Dividends per Share for the trailing twelve months (TTM) ended in Today is kr10.

During the past 10 years, the highest Dividend Yield of Grong Sparebank was 7.35%. The lowest was 3.77%. And the median was 6.19%.

Good Sign:

Grong Sparebank stock dividend yield is close to 10-year high.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Grong Sparebank Dividends per Share Related Terms

Thank you for viewing the detailed overview of Grong Sparebank's Dividends per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Grong Sparebank (OSL:GRONG) Business Description

Traded in Other Exchanges
N/A
Address
Sundspetvegen 2, PB 104, Grong, NOR, 7871
Grong Sparebank is an independent, local savings bank. It offers banking services to the local community such as Car loans, Mortgage, Loans and refinancing, Retirement and Bank Savings, Insurances, mobile and Online Banking, International payment and others.

Grong Sparebank (OSL:GRONG) Headlines

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