Gjensidige Forsikrin Dividend yield

A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z
   NOK per share 
 Price  172.45
 Dividend  7.10
 Earnings  8.45
 Cash-flow  -4.60
 Book value  45.38
 Equity  45.68

Gjensidige Forsikrin is part of Nonlife Insurance business, which is part of Financials industry. Gjensidige Forsikrin is a company from Norway, and his stocks are publicly traded.

Gjensidige Forsikrin paid a total dividend of 3,550 million NOK last year, for a market value of 86,225 millions (Market Cap 28,616 millions). Dividend per share of Gjensidige Forsikrin is 7.10 NOK, and his stock market price 172.45 NOK.

According to the chart below, where dividend yield is displayed, Gjensidige Forsikrin has a dividend yield of 4.12%, which is higher than the amount offered by both the market average and companies from Norway. It is also bigger than average of Financials industry. This high dividend yield might be a sign to worry about the future of the company so deeper analysis is needed.

In addition, you should compare Gjensidige Forsikrin dividend yield with other Nonlife Insurance companies or firms from Norway.

Dividend yield of Gjensidige Forsikrin

Gjensidige Forsikrin Dividend Payout

About the ability of Gjensidige Forsikrin to maintain his current dividend of NOK 7.10 per share, an amount that accounts for 4.12%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Gjensidige Forsikrin payout on ernings is currently 84.02%, which is higher than the market average, and companies of Financials industry, which are 41.08% and 48.21% respectively. Both figures show that Gjensidige Forsikrin can have problems to keep with his present dividend yield.

The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of Gjensidige Forsikrin is NOK -4.60 per share, which is lower than the dividend per share paid by the company of NOK 7.10, so the company does not generate enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Gjensidige Forsikrin, compared againt world market average, Norway companies, Financials industry and Nonlife Insurance sector companies.

Gjensidige Forsikrin payout

Gjensidige Forsikrin Stock performance

Finally, last moth Gjensidige Forsikrin showed a return of 0.40% compared to a worldwide -0.39% average, and a -0.52% of Financials firms. Over the last year, the company obtained a 31.70% versus a worldwide performance of a -2.47%. More detailed information can be seen in the following graph for Norway and Nonlife Insurance firms.

Gjensidige Forsikrin stock and market return

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