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Ringkjoebing Landbobank AS (FRA:CJ2) Dividend Yield % : 0.84% (As of Dec. 13, 2024)


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What is Ringkjoebing Landbobank AS Dividend Yield %?

As of today (2024-12-13), the Trailing Annual Dividend Yield of Ringkjoebing Landbobank AS is 0.84%.

The historical rank and industry rank for Ringkjoebing Landbobank AS's Dividend Yield % or its related term are showing as below:

FRA:CJ2' s Dividend Yield % Range Over the Past 10 Years
Min: 0.58   Med: 1.88   Max: 3.01
Current: 0.84

During the past 13 years, the highest Dividend Yield of Ringkjoebing Landbobank AS was 3.01%. The lowest was 0.58%. And the median was 1.88%.

FRA:CJ2's Dividend Yield % is ranked worse than
95.79% of 1234 companies
in the Banks industry
Industry Median: 3.69 vs FRA:CJ2: 0.84

Ringkjoebing Landbobank AS's Dividend Payout Ratio for the three months ended in Sep. 2024 was 0.00.

During the past 13 years, the highest Dividend Payout Ratio of Ringkjoebing Landbobank AS was 1.32. The lowest was 0.09. And the median was 0.31.

As of today (2024-12-13), the Forward Dividend Yield % of Ringkjoebing Landbobank AS is 0.84%.

Ringkjoebing Landbobank AS's Dividends per Share for the three months ended in Sep. 2024 was €0.00.

During the past 12 months, Ringkjoebing Landbobank AS's average Dividends Per Share Growth Rate was 42.90% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -14.00% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -7.60% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 9.90% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Ringkjoebing Landbobank AS was 33.90% per year. The lowest was -26.30% per year. And the median was 11.45% 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.


Ringkjoebing Landbobank AS Dividend Yield % Historical Data

The historical data trend for Ringkjoebing Landbobank AS'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.

Ringkjoebing Landbobank AS Dividend Yield % Chart

Ringkjoebing Landbobank AS Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.75 0.72

Ringkjoebing Landbobank AS Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Dividend Yield % 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 0.70 0.72 0.83 0.87 0.94

Competitive Comparison of Ringkjoebing Landbobank AS's Dividend Yield %

For the Banks - Regional subindustry, Ringkjoebing Landbobank AS'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.


Ringkjoebing Landbobank AS's Dividend Yield % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Ringkjoebing Landbobank AS's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Ringkjoebing Landbobank AS's Dividend Yield % falls into.



Ringkjoebing Landbobank AS Dividend Yield % Calculation

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

Ringkjoebing Landbobank AS Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
DKK 10.0000002024-02-292024-03-012024-03-04Cash DividendannuallyDKK:EUR 0.135007

* 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.

Ringkjoebing Landbobank AS's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=1.35007/158.90
=0.85 %

Current Share Price is €158.90.
Ringkjoebing Landbobank AS's Dividends per Share for the trailing twelve months (TTM) ended in Today is €1.35007.

Ringkjoebing Landbobank AS's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=1.35007/158.90
=0.85 %

Current Share Price is €158.90.
Ringkjoebing Landbobank AS's Dividends per Share for the forward twelve months is calculated as €1.35007 * 1 = €1.35007.

* 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.


Ringkjoebing Landbobank AS  (FRA:CJ2) 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.


Ringkjoebing Landbobank AS Dividend Yield % Related Terms

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


Ringkjoebing Landbobank AS Business Description

Traded in Other Exchanges
Address
Torvet 1, Ringkobing, DNK, 6950
Ringkjoebing Landbobank AS is a bank that carries out its operating activities in Denmark. A majority of the bank's core income is net interest income. Maximum of the bank's net fees, commissions, and foreign exchange income are derived from asset management, followed by guarantee commissions, securities trading, and custody accounts. The bank's capital objective is to maintain capitalization for future growth while covering any fluctuation of the risks it assumes. The bank's credit is diversified to the energy business, as well as financial services, real property, and agriculture. The services offered are Online banking, Mobile banking, MasterCard, MobilePay, Currency calculator, Block card, MitID etc.

Ringkjoebing Landbobank AS Headlines

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