Previous close | 206.50 |
Open | 206.50 |
Bid | 206.60 x 0 |
Ask | 207.30 x 0 |
Day's range | 205.20 - 207.30 |
52-week range | 135.15 - 210.00 |
Volume | |
Avg. volume | 1,311,994 |
Market cap | 176.945B |
Beta (5Y monthly) | 0.89 |
PE ratio (TTM) | 8.36 |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | 14.50 (7.02%) |
Ex-dividend date | 22 Mar 2024 |
1y target est | N/A |
Danske Bank A/S (DNKEY) recently announced a dividend of $0.55 per share, payable on 2024-04-02, with the ex-dividend date set for 2024-03-22. As investors look forward to this upcoming payment, the spotlight also shines on the company's dividend history, yield, and growth rates. Using the data from GuruFocus, let's look into Danske Bank A/S's dividend performance and assess its sustainability.
COPENHAGEN (Reuters) -Danske Bank began to see a slight deterioration in customer credit quality towards the end of last year, it said on Friday as it forecast 2024 profit broadly in line with last year. Nordic banks' results have been buoyed by booming interest rates over the past two years, but central bank policymakers look set to start monetary easing this year. Danske, Denmark's biggest bank, expects net profit between 20 billion and 22 billion Danish crowns ($2.92 billion to $3.21 billion) this year, it said after reporting a 2023 net profit of 21.3 billion crowns.
Danske Bank on Friday raised its full-year net profit forecast due to more favourable macroeconomic conditions and "negligible" impairments in the fourth quarter, but warned of a high level of uncertainty ahead. Denmark's largest bank now expects net profit this year in the range of 20.5 billion-21.5 billion Danish crowns ($2.96 billion-$3.11 billion) compared with its previous guidance of 19.5-20.5 billion. "The macroeconomic conditions have developed more favourably than initially expected," Chief Financial Officer Stephan Engels said in a statement.