Shimane BankLtd Dividends and Buybacks
Dividend criteria checks 2/6
Shimane BankLtd is a dividend paying company with a current yield of 2.02% that is well covered by earnings. Next payment date is on 4th December, 2024 with an ex-dividend date of 27th September, 2024.
Key information
2.0%
Dividend yield
-145.4%
Buyback Yield
| Total Shareholder Yield | -143.3% |
| Future Dividend Yield | n/a |
| Dividend Growth | -11.9% |
| Next dividend pay date | 04 Dec 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | JP¥10.000 |
| Payout ratio | 7% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 7150's dividend payments have been volatile in the past 10 years.
Growing Dividend: 7150's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Shimane BankLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (7150) | 2.0% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.8% |
| Industry Average (Banks) | 3.1% |
| Analyst forecast (7150) (up to 3 years) | n/a |
Notable Dividend: 7150's dividend (2.02%) is higher than the bottom 25% of dividend payers in the JP market (1.82%).
High Dividend: 7150's dividend (2.02%) is low compared to the top 25% of dividend payers in the JP market (3.78%).
Current Payout to Shareholders
Earnings Coverage: With its low payout ratio (7.2%), 7150'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.