Gjensidige Forsikring ASA (Gjensidige Forsikring ASA) Dividend Payout Ratio : 0.00 (As of Dec. 2023)

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What is Gjensidige Forsikring ASA Dividend Payout Ratio?

Gjensidige Forsikring ASA's dividend payout ratio for the months ended in Dec. 2023 was 0.00.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Gjensidige Forsikring ASA is 1.02, which seems too high.

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

GJNSY' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.52 Med: 0.82 Max: 1.14
Current: 1.02

During the past 13 years, the highest Dividend Payout Ratio of Gjensidige Forsikring ASA was 1.14. The lowest was 0.52. And the median was 0.82.

GJNSY's Dividend Payout Ratio is ranked worse than
94.44% of 288 companies
in the Insurance industry
Industry Median: 0.37 vs GJNSY: 1.02

As of today (2024-04-26), the Dividend Yield % of Gjensidige Forsikring ASA is 4.90%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Gjensidige Forsikring ASA was 11.95%. The lowest was 3.27%. And the median was 4.88%.

Gjensidige Forsikring ASA's Dividends per Share for the months ended in Dec. 2023 was $0.00.

During the past 12 months, Gjensidige Forsikring ASA's average Dividends Per Share Growth Rate was 7.10% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 4.40% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 2.90% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 1.70% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Gjensidige Forsikring ASA was 13.10% per year. The lowest was -5.50% per year. And the median was 4.40% per year.

The growth rate is calculated with least square regression.

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

Gjensidige Forsikring ASA Dividend Payout Ratio Historical Data

The historical data trend for Gjensidige Forsikring ASA'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.

* Premium members only.

Gjensidige Forsikring ASA Dividend Payout Ratio Chart

Gjensidige Forsikring ASA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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0.55

1.23

0.81

1.11

1.01

Gjensidige Forsikring ASA Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Dividend Payout Ratio	Get a 7-Day Free Trial															-	3.62	-	-	-

Competitive Comparison of Gjensidige Forsikring ASA's Dividend Payout Ratio

For the Insurance - Property & Casualty subindustry, Gjensidige Forsikring ASA'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.

Gjensidige Forsikring ASA's Dividend Payout Ratio Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Gjensidige Forsikring ASA's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Gjensidige Forsikring ASA's Dividend Payout Ratio falls into.

Gjensidige Forsikring ASA Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Gjensidige Forsikring ASA's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	0.777	/	0.769
	=	1.01

Gjensidige Forsikring ASA's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Dec. 2023 )	/	EPS without NRI (Q: Dec. 2023 )
	=	0	/	0.207
	=	0.00

Gjensidige Forsikring ASA (OTCPK:GJNSY) Dividend Payout Ratio Explanation

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.

Gjensidige Forsikring ASA Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Gjensidige Forsikring ASA's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Gjensidige Forsikring ASA (Gjensidige Forsikring ASA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Gjensidige Forsikring ASA (OTCPK:GJNSY) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

GJFo:Sweden GJF:Norway 0OJC:UK XGJ:Germany

Address

Schweigaardsgate 21, Oslo, NOR, 0191

Website

https://www.gjensidige.no

Gjensidige Forsikring ASA is a diversified insurance company that operates in multiple business segments, including general insurance private; general insurance commercial; general insurance Denmark; general insurance Sweden; general insurance Baltics; and pension. The company provides general, accident, and health insurance products, among others. The vast majority of the company's revenue is generated from its private and commercial segments. The private segment offers a range of products in the Norwegian private market, while the commercial segment provides products to the commercial, agricultural, and municipality markets in Norway. The company considers mergers and acquisitions a component of its operational growth strategy.

Gjensidige Forsikring ASA (Gjensidige Forsikring ASA) Headlines

From GuruFocus

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