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Sparebanken More (OSL:MORG) Dividend Yield % : 8.78% (As of Apr. 28, 2024)


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What is Sparebanken More Dividend Yield %?

As of today (2024-04-28), the Trailing Annual Dividend Yield of Sparebanken More is 8.78%.

Good Sign:

Sparebanken More stock dividend yield is close to 10-year high.

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

OSL:MORG' s Dividend Yield % Range Over the Past 10 Years
Min: 0.93   Med: 4.95   Max: 8.78
Current: 8.78

During the past 13 years, the highest Dividend Yield of Sparebanken More was 8.78%. The lowest was 0.93%. And the median was 4.95%.

OSL:MORG's Dividend Yield % is ranked better than
92.45% of 1205 companies
in the Banks industry
Industry Median: 3.99 vs OSL:MORG: 8.78

Sparebanken More's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.00.

During the past 13 years, the highest Dividend Payout Ratio of Sparebanken More was 0.29. The lowest was 0.07. And the median was 0.21.

As of today (2024-04-28), the Forward Dividend Yield % of Sparebanken More is 8.78%.

Sparebanken More's Dividends per Share for the three months ended in Dec. 2023 was kr0.00.

During the past 12 months, Sparebanken More's average Dividends Per Share Growth Rate was 25.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 12.60% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 2.20% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 2.30% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Sparebanken More was 20.50% per year. The lowest was -31.50% per year. And the median was 1.10% per year.

The growth rate is calculated with least square regression.

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


Sparebanken More Dividend Yield % Historical Data

The historical data trend for Sparebanken More'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.

Sparebanken More Dividend Yield % Chart

Sparebanken More 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 4.89 4.73 1.01 3.97 4.76

Sparebanken More 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 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 3.97 5.14 5.18 5.16 4.76

Competitive Comparison of Sparebanken More's Dividend Yield %

For the Banks - Regional subindustry, Sparebanken More'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.


Sparebanken More's Dividend Yield % Distribution in the Banks Industry

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

* The bar in red indicates where Sparebanken More's Dividend Yield % falls into.



Sparebanken More Dividend Yield % Calculation

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

Sparebanken More Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
NOK 7.5002024-04-042024-04-052024-04-12Cash DividendannuallyNOK: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.

Sparebanken More's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=7.5/85.42
=8.78 %

Current Share Price is kr85.42.
Sparebanken More's Dividends per Share for the trailing twelve months (TTM) ended in Today is kr7.5.

Sparebanken More's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=7.5/85.42
=8.78 %

Current Share Price is kr85.42.
Sparebanken More's Dividends per Share for the forward twelve months is calculated as kr7.5 * 1 = kr7.5.

* 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  (OSL:MORG) 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.


Sparebanken More Dividend Yield % Related Terms

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


Sparebanken More (OSL:MORG) Business Description

Traded in Other Exchanges
Address
Kipervikgata 6, Ålesund, 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, saving 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 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.

Sparebanken More (OSL:MORG) Headlines

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