DNB Dividend yield

 Price  182.00
 Dividend  8.41
 Earnings  12.30
 Cash-flow  -45.50
 Book value  165.45
 Equity  157.69

DNB is part of Banks business, which is part of Financials industry. DNB is a company from Norway, and his stocks are publicly traded.

DNB paid a total dividend of 13,036 million NOK last year, for a market value of 282,100 millions (Market Cap 186,230 millions). Dividend per share of DNB is 8.41 NOK, and his stock market price 182.00 NOK.

According to the chart below, where dividend yield is displayed, DNB has a dividend yield of 4.62%, 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 DNB dividend yield with other Banks companies or firms from Norway.

Dividend yield of DNB

DNB Dividend Payout

About the ability of DNB to maintain his current dividend of NOK 8.41 per share, an amount that accounts for 4.62%, we should study its payout ratio both on earnings and on cash-flows (see chart below). DNB payout on ernings is currently 68.37%, which is higher than the market average, and companies of Financials industry, which are 38.17% and 41.32% respectively. Both figures show that DNB 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 DNB is NOK -45.50 per share, which is lower than the dividend per share paid by the company of NOK 8.41, 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 DNB, compared againt world market average, Norway companies, Financials industry and Banks sector companies.

DNB payout

DNB Dividend History

Year Yield  NOK  Paypout  Shares* 

*In millions

DNB Stock performance

Finally, last moth DNB showed a return of 7.90% compared to a worldwide 4.24% average, and a 4.05% of Financials firms. Over the last year, the company obtained a 55.90% versus a worldwide performance of a 53.49%. More detailed information can be seen in the following graph for Norway and Banks firms.

DNB stock and market return