Chugin Financial GroupInc Dividends and Buybacks
Dividend criteria checks 4/6
Chugin Financial GroupInc is a dividend paying company with a current yield of 3.35% that is well covered by earnings. Next payment date is on 9th December, 2024 with an ex-dividend date of 27th September, 2024.
Key information
3.4%
Dividend yield
0.7%
Buyback Yield
| Total Shareholder Yield | 4.1% |
| Future Dividend Yield | 6.3% |
| Dividend Growth | 11.9% |
| Next dividend pay date | 09 Dec 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | JP¥53.000 |
| Payout ratio | 33% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 5832's dividends per share have been stable in the past 10 years.
Growing Dividend: 5832's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Chugin Financial GroupInc Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (5832) | 3.4% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.8% |
| Industry Average (Banks) | 3.1% |
| Analyst forecast (5832) (up to 3 years) | 6.3% |
Notable Dividend: 5832's dividend (3.35%) is higher than the bottom 25% of dividend payers in the JP market (1.81%).
High Dividend: 5832's dividend (3.35%) is low compared to the top 25% of dividend payers in the JP market (3.78%).
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (33.3%), 5832's dividend payments are well 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.