Some buyers depend on dividends to extend their wealth, and if you’re a type of dividend detectors, you may be intrigued to know that Sjóvá-Almennar tryggingar hf. (ICE: SJOVA) is about to be ex-dividend in simply 3 days. Ex-dividend implies that buyers who purchase the shares on or after March 15 is not going to obtain this dividend, which can be paid on March 30.

The following dividend of Sjóvá-Almennar tryggingar hf is 1.99 Kr per share, after the final 12 months, when the corporate has distributed a complete of 1.99 Kr per share to shareholders. Calculation of the worth of final 12 months’s payouts exhibits that Sjóvá-Almennar tryggingar hf has a last return of 6.3% on the present share worth of ISK 31.5. Dividends make a big contribution to funding returns for long-term holders, however provided that the dividend continues to be paid. So we have to verify if dividend funds are lined and if earnings are rising.

See our newest evaluation for Sjóvá-Almennar tryggingar hf

Dividends are often paid out of firm earnings, so if an organization pays greater than it earned, its dividend is often extra liable to being diminished. Sjóvá-Almennar tryggingar hf paid greater than half (50%) of its earnings final 12 months, which is a gradual payout ratio for many corporations.

When an organization has paid much less dividends than earnings, it often means that its dividend is reasonably priced. The decrease the% of its revenue that it pays out, the better the margin of security for the dividend if the corporate goes into disaster.

Click on right here to see how a lot of his earnings Sjóvá-Almennar tryggingar hf has paid within the final 12 months.

Have earnings and dividends elevated?

Corporations with robust development prospects usually make the perfect dividend payers as a result of dividends are simpler to develop when earnings per share enhance. If earnings fall sufficient, the corporate could possibly be pressured to chop its dividend. It’s encouraging to see that Sjóvá-Almennar tryggingar hf has grown its earnings quickly, up 57% per 12 months for the previous 5 years.

Most buyers will primarily assess an organization’s dividend prospects by checking the historic fee of dividend development. Sjóvá-Almennar tryggingar hf’s dividend payouts per share have declined by 3.8% per 12 months on common over the previous six years, which isn’t fascinating. It’s uncommon to see earnings per share improve concurrently dividends per share lower. We hope it is because the corporate is reinvesting closely in its enterprise, nevertheless it might additionally counsel that the enterprise is lumpy.

To summarize

Ought to buyers purchase Sjóvá-Almennar tryggingar hf for the upcoming dividend? Sjóvá-Almennar tryggingar hf has a suitable payout ratio and its earnings per share have improved at an honest fee. We expect this can be a fairly interesting mixture and can be eager about taking a more in-depth have a look at Sjóvá-Almennar’s tryggingar hf.

So whereas Sjóvá-Almennar’s tryggingar hf seems good from a dividend perspective, it’s nonetheless value being conscious of the dangers concerned on this inventory. Our evaluation exhibits 2 warning indicators for Sjóvá-Almennar Tryggingar HF which we strongly suggest that you just seek the advice of earlier than investing within the firm.

In case you are in search of dividend paying shares, we suggest that you just check out our record of high dividend paying shares with a yield above 2% and a future dividend.

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