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Vestjysk Bank A/S (OCSE:VJBA) Forward Dividend Yield % : 9.24% (As of Apr. 27, 2024)


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What is Vestjysk Bank A/S Forward Dividend Yield %?

As of today (2024-04-27), the Forward Annual Dividend Yield of Vestjysk Bank A/S is 9.24%.

As of today (2024-04-27), the Trailing Annual Dividend Yield of Vestjysk Bank A/S is 9.24%.

OCSE:VJBA's Forward Dividend Yield % is ranked better than
92.56% of 1170 companies
in the Banks industry
Industry Median: 4.14 vs OCSE:VJBA: 9.24

Vestjysk Bank A/S's Dividends per Share for the three months ended in Dec. 2023 was kr0.00.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Vestjysk Bank A/S was 26.10% per year. The lowest was -12.60% per year. And the median was 16.50% per year.

The growth rate is calculated with least square regression.

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


Competitive Comparison of Vestjysk Bank A/S's Forward Dividend Yield %

For the Banks - Regional subindustry, Vestjysk Bank A/S's Forward Dividend Yield %, along with its competitors' market caps and Forward 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.


Vestjysk Bank A/S's Forward Dividend Yield % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Vestjysk Bank A/S's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Vestjysk Bank A/S's Forward Dividend Yield % falls into.



Vestjysk Bank A/S Forward Dividend Yield % Calculation

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

Vestjysk Bank A/S Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
DKK 0.4202024-03-082024-03-112024-03-12Cash DividendannuallyDKK:DKK 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.

Vestjysk Bank A/S's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.42/4.56
=9.21 %

Current Share Price is kr4.56.
Vestjysk Bank A/S's Dividends per Share for the forward twelve months is calculated as kr0.42 * 1 = kr0.42.

Vestjysk Bank A/S's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.42/4.56
=9.21 %

Current Share Price is kr4.56.
Vestjysk Bank A/S's Dividends per Share for the trailing twelve months (TTM) ended in Today is kr0.42.

* 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.


Vestjysk Bank A/S  (OCSE:VJBA) Forward Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Vestjysk Bank A/S Forward Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Vestjysk Bank A/S's Forward Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Vestjysk Bank A/S (OCSE:VJBA) Business Description

Traded in Other Exchanges
Address
Industrivej Syd 13c, Herning, DNK, DK-7400
Vestjysk Bank A/S is a regional bank. The bank provides a range of banking products and financial services to private and corporate customers. Its product portfolio comprises credit cards, savings accounts, mortgages, loans, pension funds, insurance, financing, leasing, as well as related advisory and investment services, among others. The bank operates an online banking facility, named Netbank, which offers access to payments, transfers, electronic invoices, product overviews, mobile banking, and securities trading.

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