Groenlandsbanken A/S Dividend 2024

Groenlandsbanken A/S Dividend

40 DKK

Groenlandsbanken A/S Dividend yield

6.02 %

Ticker

GRLA.CO

ISIN

DK0010230630

WKN

892673

How much dividend does Groenlandsbanken A/S 2024 pay?

According to the latest status from May 2024, Groenlandsbanken A/S paid a total of 40 DKK per share in dividends within the last 12 months. With the current Groenlandsbanken A/S price of 665 DKK, this corresponds to a dividend yield of 6.02 %. A dividend is paid times per year.

6.02 % Dividend Yield=
40 DKK Dividend
665 DKK Stock Price

Historical Groenlandsbanken A/S Dividends

A dividend is paid times per year. Last year, the payout months were and April.

PaydateDividend
4/21/202455
4/29/202320
4/30/202240
4/25/202125
4/28/201930
4/21/201830
4/29/201755
5/1/201655
4/26/201555
4/20/201455
4/21/201355
4/22/201230
4/24/201110
5/3/200860
4/29/200755
4/30/200645
5/7/200535
5/1/200435
5/9/200335
5/5/200230
1
2

Is the Groenlandsbanken A/S Dividend Safe?

Groenlandsbanken A/S has been increasing the dividend for 2 years.

Over the past 10 years, Groenlandsbanken A/S has increased it by an annual 2.919 %.

Over a five-year period, the distribution increased by -6.17%.

Analysts expect a Dividend Cut of -100% for the current fiscal year.

Dividend Details

Understanding Groenlandsbanken A/S's Dividend Distributions

Groenlandsbanken A/S’s dividends are a portion of the company’s profits distributed to shareholders. It is a critical indicator of the company’s financial health and attractiveness to investors. Dividends provide investors with a steady income stream, in addition to any profits that may come from selling the stock at a higher price than the purchase price.

Year-to-Year Comparison

Examining Groenlandsbanken A/S's dividend distributions over the years can highlight the company’s profitability and stability. A consistent or increasing dividend payout can indicate a financially healthy company with predictable earnings, while fluctuations or reductions in dividends can suggest underlying financial or operational challenges.

Impact on Investments

Groenlandsbanken A/S's dividend payments are an essential factor for income-focused investors. A robust dividend payout can enhance the stock’s appeal, offering regular income in addition to potential capital gains. It also can indicate the company's confidence in its future earnings, making it a significant consideration in investment decisions.

Interpreting Dividend Fluctuations

Changes in Groenlandsbanken A/S’s dividends can result from shifts in the company’s earnings, financial policies, or reinvestment strategies. An increase in dividends often signals financial stability, while a decrease may indicate a need to conserve cash or reinvest profits to fuel growth, each scenario having different implications for investors.

Groenlandsbanken A/S Aktienanalyse

What does Groenlandsbanken A/S do?

Groenlandsbanken A/S is a bank founded in Greenland in 1967, located in Nuuk. The bank has played a significant role in creating economic and social change in Greenland over the years. Groenlandsbanken is the only bank operating throughout Greenland. It has several branches covering all major cities in Greenland and offers a wide range of financial services for private and business customers. The bank specializes in deposits and loans and has a strong network of partners to provide services such as payment transactions, asset management, insurance, and investment banking. Over the years, Groenlandsbanken A/S has adapted its services to meet the needs of its customers. The bank has expanded its service offerings in various segments to provide the best possible solution to its customers. The products offered by the bank range from current accounts, savings plans, credit cards, loans, mortgages to investment products and fund solutions. One area that Groenlandsbanken A/S values ​​is lending. The bank has developed various types of loans to better meet the needs of its customers. The loans provided include corporate loans, personal loans, and loans for the public sector. Another important segment is investment banking. Groenlandsbanken A/S assists customers in capital procurement, initial public offerings, mergers and acquisitions, and other financing solutions. The bank works closely with local and international investment banks to achieve the best possible solution for its customers. The bank also offers asset management solutions, including portfolio analysis, investment strategy development, portfolio restructuring, and risk management. As an important actor in the Greenlandic economy, Groenlandsbanken A/S also plays a significant social role in its community. The bank supports non-profit organizations and projects focusing on social, economic, and environmental issues in Greenland. The bank also recognizes the importance of education and talent development and supports many initiatives and projects that promote education and knowledge expansion. Overall, Groenlandsbanken A/S is an important institution in Greenland. The bank has contributed to the economic development of the country over the years by offering a wide range of services to its customers. The bank is also a key player in the community and actively engages in the social, economic, and environmental development of Greenland. Groenlandsbanken A/S is one of the most popular companies on Eulerpool.com.
Stock savings plans offer an attractive way for investors to build wealth over the long term. One of the main advantages is the so-called cost-average effect: by regularly investing a fixed amount in stocks or stock funds, you automatically buy more shares when prices are low, and fewer when they are high. This can lead to a more favorable average price per share over time. In addition, stock savings plans allow small investors access to expensive stocks, as they can participate with small amounts. Regular investment also promotes a disciplined investment strategy and helps to avoid emotional decisions, such as impulsive buying or selling. Furthermore, investors benefit from the potential appreciation of the stocks as well as from dividend distributions, which can be reinvested, enhancing the compounding effect and thus the growth of the invested capital.

Frequently Asked Questions about Groenlandsbanken A/S Stock

How much dividend does Groenlandsbanken A/S pay?

Over the past 12 months, Groenlandsbanken A/S paid a dividend of 40 DKK . This corresponds to a dividend yield of about 6.02 %. For the coming 12 months, Groenlandsbanken A/S is expected to pay a dividend of 40 DKK.

What is the dividend yield of Groenlandsbanken A/S?

The current dividend yield of Groenlandsbanken A/S is 6.02 %.

When does Groenlandsbanken A/S pay dividends?

Groenlandsbanken A/S pays a quarterly dividend. This is distributed in the months of April, April, April, April.

How secure is the dividend of Groenlandsbanken A/S?

Groenlandsbanken A/S paid dividends every year for the past 2 years.

What is the dividend of Groenlandsbanken A/S?

For the upcoming 12 months, dividends amounting to 40 DKK are expected. This corresponds to a dividend yield of 6.02 %.

In which sector is Groenlandsbanken A/S located?

Groenlandsbanken A/S is assigned to the 'Finance' sector.

Wann musste ich die Aktien von Groenlandsbanken A/S kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Groenlandsbanken A/S from 3/25/2024 amounting to 55 DKK, you needed to have the stock in your portfolio before the ex-date on 3/21/2024.

When did Groenlandsbanken A/S pay the last dividend?

The last dividend was paid out on 3/25/2024.

What was the dividend of Groenlandsbanken A/S in the year 2023?

In the year 2023, Groenlandsbanken A/S distributed 25 DKK as dividends.

In which currency does Groenlandsbanken A/S pay out the dividend?

The dividends of Groenlandsbanken A/S are distributed in DKK.

Andere Kennzahlen von Groenlandsbanken A/S

Our stock analysis for Groenlandsbanken A/S Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Groenlandsbanken A/S Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.