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SpareBank 1 Ringerike Hadeland (OSL:RING) 5-Year Dividend Growth Rate : 6.90% (As of Mar. 2024)


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What is SpareBank 1 Ringerike Hadeland 5-Year Dividend Growth Rate?

SpareBank 1 Ringerike Hadeland's Dividends per Share for the three months ended in Mar. 2024 was kr20.00.

During the past 12 months, SpareBank 1 Ringerike Hadeland's average Dividends Per Share Growth Rate was 52.70% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -0.50% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 6.90% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 8.20% 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 13 years, the highest 3-Year average Dividends Per Share Growth Rate of SpareBank 1 Ringerike Hadeland was 21.60% per year. The lowest was -13.40% per year. And the median was 5.70% per year.

SpareBank 1 Ringerike Hadeland's Dividend Payout Ratio for the three months ended in Mar. 2024 was 2.22. As of today, SpareBank 1 Ringerike Hadeland's Dividend Yield % is 6.92%.

Good Sign:

SpareBank 1 Ringerike Hadeland stock dividend yield is close to 1-year high.

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


Competitive Comparison of SpareBank 1 Ringerike Hadeland's 5-Year Dividend Growth Rate

For the Banks - Regional subindustry, SpareBank 1 Ringerike Hadeland's 5-Year Dividend Growth Rate, along with its competitors' market caps and 5-Year Dividend Growth Rate 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.


SpareBank 1 Ringerike Hadeland's 5-Year Dividend Growth Rate Distribution in the Banks Industry

For the Banks industry and Financial Services sector, SpareBank 1 Ringerike Hadeland's 5-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where SpareBank 1 Ringerike Hadeland's 5-Year Dividend Growth Rate falls into.



SpareBank 1 Ringerike Hadeland 5-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with least square regression.

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.


SpareBank 1 Ringerike Hadeland  (OSL:RING) 5-Year Dividend Growth Rate Explanation

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

SpareBank 1 Ringerike Hadeland'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 )
=20/ 9.01
=2.22

During the past 13 years, the highest Dividend Payout Ratio of SpareBank 1 Ringerike Hadeland was 0.66. The lowest was 0.35. And the median was 0.47.

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

SpareBank 1 Ringerike Hadeland Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
NOK 20.0000002024-03-212024-03-222024-04-02Cash 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.

SpareBank 1 Ringerike Hadeland's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=20/289.00
=6.92 %

Current Share Price is kr289.00.
SpareBank 1 Ringerike Hadeland's Dividends per Share for the trailing twelve months (TTM) ended in Today is kr20.

During the past 13 years, the highest Dividend Yield of SpareBank 1 Ringerike Hadeland was 8.09%. The lowest was 0.66%. And the median was 5.20%.

Good Sign:

SpareBank 1 Ringerike Hadeland stock dividend yield is close to 1-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.


SpareBank 1 Ringerike Hadeland 5-Year Dividend Growth Rate Related Terms

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SpareBank 1 Ringerike Hadeland (OSL:RING) Business Description

Traded in Other Exchanges
N/A
Address
Southern Torv 6, Honefoss, NOR, 3510
SpareBank 1 Ringerike Hadeland is a savings bank in Norway offering financing, placement, payment services, pensions, and life insurance. Its business is organized into two sections, personal and corporate market. The Bank serves less self-employed, agricultural, and business class customers as well. The Bank also provides credit cards, debit cards, structured products, stock savings, mobile banking and online banking services.

SpareBank 1 Ringerike Hadeland (OSL:RING) Headlines