Sparebanken More (OSL:MORG) Dividend Payout Ratio: 2.48 (As of Jun. 2026) — 978% Above Median

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Founder & CEO of GuruFocus
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OSL:MORG Sparebanken More OSL:MORG
65 GF Score
Price kr113.38
GF Value kr96.72
Valuation Modestly Overvalued
! 7 Warning Signs
View Full Analysis

What is Sparebanken More Dividend Payout Ratio?

Sparebanken More OSL:MORG -0.19% 65 Dividend Payout Ratio is 2.48 as of Jun. 2026, which is 978% above its 10-year median of 0.23. GuruFocus rates OSL:MORG with a GF Score™ of 65/100 and a GF Value™ of kr96.72 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 1,172 Banks companies, Sparebanken More ranks worse than 89.33% on this metric.

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Sparebanken More's Dividend Payout Ratio for the months ended in Jun. 2026 was 2.48.

The historical rank and industry rank for Sparebanken More's Dividend Payout Ratio or its related term are showing as below:

OSL:MORG' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.07   Med: 0.23   Max: 0.67
Current: 0.67

During the past 13 years, the highest Dividend Payout Ratio of Sparebanken More was 0.67. The lowest was 0.07. And the median was 0.23.

OSL:MORG's Dividend Payout Ratio is ranked worse than
89.33% of 1172 companies
in the Banks industry
Industry Median: 0.32 vs OSL:MORG: 0.67

As of today (2026-08-16), the Dividend Yield % of Sparebanken More is 6.17%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Sparebanken More was 9.16%. The lowest was 0.93%. And the median was 5.04%.

Sparebanken More's Dividends per Share for the months ended in Jun. 2026 was kr7.00.

During the past 12 months, Sparebanken More's average Dividends Per Share Growth Rate was 12.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 25.00% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 35.40% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 8.60% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Sparebanken More was 102.70% per year. The lowest was -31.50% per year. And the median was 0.55% per year.

The growth rate is calculated with least square regression.

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

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

Sparebanken More (OSL:MORG) Dividend Payout Ratio Explanation

In dividends investing, Dividend 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.

Sparebanken More Dividend Payout Ratio Related Terms

Sparebanken More Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Sparebanken More's Dividend Payout Ratio 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.

Sparebanken More Dividend Payout Ratio Chart

Sparebanken More Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.07 0.20 0.20 0.36 0.32

Sparebanken More Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Dividend Payout Ratio 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 2.51 0.00 0.00 0.00 2.48

Sparebanken More Dividend Payout Ratio Competitor Comparison

For the Banks - Regional subindustry, Sparebanken More's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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.

Sparebanken More Dividend Payout Ratio vs Banks Industry

For the Banks industry and Financial Services sector, Sparebanken More's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Sparebanken More's Dividend Payout Ratio falls into.


OSL:MORG
65GF Score
Sparebanken More OSL:MORG
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sparebanken More Dividend Payout Ratio Calculation

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.

Sparebanken More's Dividend Payout Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Dec. 2025 )/ EPS without NRI (A: Dec. 2025 )
=6.25/ 19.576
=0.32

Sparebanken More's Dividend Payout Ratio for the quarter that ended in Jun. 2026 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Jun. 2026 )/ EPS without NRI (Q: Jun. 2026 )
=7/ 2.819
=2.48

* 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.

Frequently Asked Questions Learn more about Dividend Payout Ratio →
What does a Dividend Payout Ratio of 2.48 mean?
Sparebanken More (OSL:MORG) has a Dividend Payout Ratio of 2.48 as of Jun. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Sparebanken More and its competitors. This is 978% above median its historical median of 0.23. Over the past decade, Sparebanken More's Dividend Payout Ratio has ranged from 0.07 to 0.67. According to the industry distribution chart, Sparebanken More ranks #1047 out of 1172 companies in the Banks industry, placing it in the top 89.3%.
Is Sparebanken More's Dividend Payout Ratio too high?
Sparebanken More's current Dividend Payout Ratio of 2.48 is 978% above median its 10-year median of 0.23. Over the past 10 years, this metric has ranged from a low of 0.07 to a high of 0.67. The Banks industry median Dividend Payout Ratio is 0.32. Sparebanken More's value of 2.48 is 675% above this industry median. Based on the distribution chart, Sparebanken More ranks #1047 out of 1172 companies in the Banks industry, which is in the bottom quartile relative to peers. Overall, Sparebanken More has a GF Score™ of 65/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sparebanken More's Dividend Payout Ratio compare to competitors?
According to the Banks industry distribution chart, Sparebanken More ranks #1047 out of 1172 companies for Dividend Payout Ratio. This places Sparebanken More in the lower half of its industry. The industry median Dividend Payout Ratio is 0.32. Sparebanken More's value of 2.48 is 675% above this benchmark. Historically, Sparebanken More's own Dividend Payout Ratio has ranged from 0.07 to 0.67 over the past decade. While the company's 10-year median is 0.23 vs. the industry median of 0.32, Sparebanken More has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend Payout Ratio for a Banks company?
The median Dividend Payout Ratio among Banks companies is 0.32, based on 1,172 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Sparebanken More's current Dividend Payout Ratio of 2.48 is 675% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Dividend Payout Ratio mean?
A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Sparebanken More and its competitors. For the Banks industry, the median Dividend Payout Ratio is 0.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sparebanken More's current Dividend Payout Ratio is 2.48, which is 978% above median its own 10-year median of 0.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sparebanken More stock overvalued right now?
Based on GuruFocus' analysis, Sparebanken More (OSL:MORG) is currently considered Modestly Overvalued. The stock's GF Value™ is kr96.72, compared to a current price of kr113.38 — trading 17.2% above its estimated fair value. The current Dividend Payout Ratio is 2.48, which is 978% above median its 10-year median of 0.23 and 675% above the Banks industry median of 0.32. Sparebanken More's overall GF Score™ is 65/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Payout Ratio calculated?
Dividend Payout Ratio is calculated from a company's financial statements. For Sparebanken More (OSL:MORG), the current Dividend Payout Ratio is 2.48 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Sparebanken More (OSL:MORG) Overvalued in 2026?

Based on GuruFocus' analysis, Sparebanken More stock appears to be overvalued. The current stock price of kr113.38 is trading 17.2% above its estimated GF Value™ of kr96.72. GuruFocus considers Sparebanken More to be Modestly Overvalued.

Key valuation signals for OSL:MORG:

  • Dividend Payout Ratio: 2.48 (978% above median its 10-year median of 0.23)
  • GF Value™: kr96.72 vs. price of kr113.38 (17.2% above fair value)
  • GF Score™: 65/100 with 7 warning signs
  • Industry Position: 675% above the Banks median (#1047 of 1172)

No single metric tells the full story. See the OSL:MORG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Sparebanken More Business Description

Other Exchanges 0G40:UKK5X:Germany
Address Kipervikgata 6, Alesund, NOR, 6003
Sparebanken Møre is a Norway-based banking corporation. It engaged in providing retail and commercial banking services to its customers. Products and services provided by the company include deposits, savings accounts, asset management, financial advisory services, payment transfers, foreign exchange and interest trading, insurance, and real estate brokerage. In addition, the company also provides real estate brokerage services for both residential homes and commercial properties. It mainly concentrates on maritime, offshore and supply, real estate, trade, and services, as well as the insurance industries. It firm manages its business into three segments: Corporate, Retail, and Real Estate brokerage. The revenue of the company comprises interest, fees, commission, and other income.
65GF Score

Get the complete analysis for OSL:MORG

Dividend Payout Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

kr113.38
Price
kr96.72
GF Value