Gjensidige Forsikring ASA (CHIX:GJFO) Dividend Yield %

: 5.12% (As of Today)

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As of today (2024-04-23), the Trailing Annual Dividend Yield of Gjensidige Forsikring ASA is 5.12%.

Good Sign:

Gjensidige Forsikring ASA stock dividend yield is close to 2-year high.

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

CHIX:GJFo' s Dividend Yield % Range Over the Past 10 Years
Min: 3.27 Med: 4.88 Max: 11.95
Current: 5.12

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

CHIX:GJFo's Dividend Yield % is ranked better than
75.37% of 402 companies
in the Insurance industry
Industry Median: 3.57 vs CHIX:GJFo: 5.12

Gjensidige Forsikring ASA's Dividend Payout Ratio for the three 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.

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.

As of today (2024-04-23), the Forward Dividend Yield % of Gjensidige Forsikring ASA is 5.12%.

Gjensidige Forsikring ASA's Dividends per Share for the three months ended in Dec. 2023 was kr0.00.

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 Yield % Historical Data

The historical data trend for Gjensidige Forsikring ASA's Dividend Yield % 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 Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Yield %

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3.85

3.79

1.88

4.01

4.55

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 Yield %	Get a 7-Day Free Trial															4.01	4.90	4.78	5.12	4.55

Competitive Comparison

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

Gjensidige Forsikring ASA Dividend Yield % Distribution

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

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

Gjensidige Forsikring ASA Dividend Yield % Calculation

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

Gjensidige Forsikring ASA Recent Full-Year* Dividend History

Amount	Ex-date	Record Date	Pay Date	Type	Frequency	Forex Rate
NOK 8.750	2024-03-21	2024-03-22	2024-04-05	Cash Dividend	annually	NOK: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.

Gjensidige Forsikring ASA's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield	=	Most Recent Full Year Dividend	/	Current Share Price
	=	8.75	/	170.80
	=	5.12 %

Current Share Price is kr170.80.
Gjensidige Forsikring ASA's Dividends per Share for the trailing twelve months (TTM) ended in Today is kr8.75.

Gjensidige Forsikring ASA's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield	=	Forward Full Year Dividend	/	Current Share Price
	=	8.75	/	170.80
	=	5.12 %

Current Share Price is kr170.80.
Gjensidige Forsikring ASA's Dividends per Share for the forward twelve months is calculated as kr8.75 * 1 = kr8.75.

Gjensidige Forsikring ASA (CHIX:GJFo) 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.

Gjensidige Forsikring ASA Dividend Yield % Related Terms

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

Gjensidige Forsikring ASA (CHIX:GJFO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Gjensidige Forsikring ASA (CHIX:GJFo) » Definitions » Dividend Yield %

Comparable Companies

Traded in Other Exchanges

GJNSY:USA 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 (CHIX:GJFO) Headlines

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