8PB dividend yield calculator – Pareto Bank ASA Declares a Cash Dividend of 3.86
March 20, 2023
Dividends Yield
On March 1 2023, Pareto ($BER:8PB) Bank ASA declared a cash dividend of 3.86 NOK per share. If you’re looking for a stock with a high dividend yield, then Pareto Bank ASA may be the right choice for you. Over the last three years, the bank has issued an annual dividend per share of 6.5 NOK, 3.0 NOK, and 2.0 NOK respectively.
This equates to a dividend yield of 10.58%, 5.01%, and 7.87% in 2020, 2021, and 2022 respectively, with an average dividend yield of 7.82%. The ex-dividend date for this cash dividend is March 31 2023.
Share Price
This dividend payment is based on the company’s profits for the previous financial period. On Wednesday, the PARETO BANK ASA stock opened at €5.4 and closed at €5.3, a decline of 0.2% from the previous closing price of 5.3. The dividend payment is expected to be distributed to shareholders in the upcoming quarter.
This cash dividend will be beneficial to investors, as they will receive a portion of the company’s profits in the form of a dividend. The cash dividend also reflects the company’s commitment to returning value to its shareholders. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for 8PB. More…
| Total Revenues | Net Income | Net Margin |
| – | 555.5 | – |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for 8PB. More…
| Operations | Investing | Financing |
| -1.09k | -5.45 | 933.87 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for 8PB. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 22.3k | 18.08k | – |
Key Ratios Snapshot
Some of the financial key ratios for 8PB are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 11.8% | – | – |
| FCF Margin | ROE | ROA |
| – | – | – |
Analysis – 8PB Intrinsic Value
At GoodWhale, we conducted an analysis of PARETO BANK ASA‘s wellbeing. Our proprietary Valuation Line calculated the intrinsic value of PARETO BANK ASA share to be around €5.0. Currently, PARETO BANK ASA stock is traded at €5.3, meaning the share is currently overvalued by 5.3%. This indicates that the fair price of PARETO BANK ASA stock should be around €5.0. More…
Peers
The competitive landscape of the banking industry in Indonesia is becoming increasingly competitive, with Pareto Bank ASA competing with PT Bank Bumi Arta Tbk, PT Bank of India Indonesia Tbk, and Vestjysk Bank A/S for market share. All four banks are vying to provide customers with the best possible banking experience while striving to become the top choice in the market.
– PT Bank Bumi Arta Tbk ($IDX:BNBA)
PT Bank Bumi Arta Tbk is an Indonesian financial services company based in Jakarta. It is a publicly-listed company that provides banking and financial services, including lending, leasing, foreign exchange and fund management. As of 2023, the company has a market cap of 2.46T, making it one of the largest companies in Indonesia. It serves customers across various industries, including retail, corporate, investment and SME banking. The company also has a substantial network across Indonesia, with over 400 branches and more than 1,800 ATMs.
– PT Bank of India Indonesia Tbk ($IDX:BSWD)
Bank of India Indonesia Tbk (BOI) is one of the largest public sector banks in the Indonesian banking industry, with a market cap of 2.41T as of 2023. BOI provides a comprehensive range of banking and financial services to corporate, retail and SME customers. These include savings, current accounts, loans, deposits, foreign exchange, remittances, trade finance and merchant services. The bank also provides online and mobile banking solutions, as well as credit cards. BOI is committed to providing personalised and quality services to its customers, and has an established network of more than 1000 branches across Indonesia. With a strong capital base, BOI is well positioned to continue to serve its customers and expand its presence in the Indonesian banking industry.
– Vestjysk Bank A/S ($BER:24V)
Vestjysk Bank A/S is a Danish bank that is headquartered in Herning, Denmark. Founded in 1884, Vestjysk Bank is a regional bank that provides banking services to retail, corporate and institutional customers in Denmark. As of 2023, their market cap stands at 558.26M. This figure represents a significant increase from the market cap of 493M recorded in 2017. Vestjysk Bank’s market cap is indicative of their longevity and success in the banking industry. In addition to providing banking services, Vestjysk Bank also offers many other financial services such as loan products, insurance, wealth management and mortgage options. The company’s strong financial performance has enabled them to maintain a high market cap over the years.
Summary
Pareto Bank ASA provides an attractive dividend-yielding stock option for investors. Over the last three years, the company has issued a dividend per share of 6.5 NOK in 2020, 3.0 NOK in 2021 and 2.0 NOK in 2022 for an average yield of 7.82%. These yields are higher than those of similar stocks in the same industry, making Pareto Bank ASA a compelling option for investors looking for above-average returns. As dividend yields can be quite unpredictable in nature, it’s important to perform thorough investing analysis to assess future potential returns as well as risk associated with the stock.
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