Miyazaki Taiyo Bank Dividends and Buybacks
Dividend criteria checks 4/6
Miyazaki Taiyo Bank is a dividend paying company with a current yield of 4.05% that is well covered by earnings. Next payment date is on 2nd December, 2024 with an ex-dividend date of 27th September, 2024.
Key information
4.1%
Dividend yield
199.3%
Buyback Yield
| Total Shareholder Yield | 203.3% |
| Future Dividend Yield | n/a |
| Dividend Growth | 6.8% |
| Next dividend pay date | 02 Dec 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | JP¥50.000 |
| Payout ratio | 9% |
Recent dividend and buyback updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 8560's dividends per share have been stable in the past 10 years.
Growing Dividend: 8560's dividend payments have not increased over the past 10 years.
Dividend Yield vs Market
| Miyazaki Taiyo Bank Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (8560) | 4.1% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.9% |
| Industry Average (Banks) | 3.2% |
| Analyst forecast (8560) (up to 3 years) | n/a |
Notable Dividend: 8560's dividend (4.05%) is higher than the bottom 25% of dividend payers in the JP market (1.82%).
High Dividend: 8560's dividend (4.05%) is in the top 25% of dividend payers in the JP market (3.81%)
Current Payout to Shareholders
Earnings Coverage: With its low payout ratio (9.1%), 8560's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years or that it will be covered by earnings.