Concordia Financial Group Dividends and Buybacks
Dividend criteria checks 2/6
Concordia Financial Group is a dividend paying company with a current yield of 3.11% 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
3.1%
Dividend yield
0.7%
Buyback Yield
| Total Shareholder Yield | 3.8% |
| Future Dividend Yield | 3.9% |
| Dividend Growth | 5.2% |
| Next dividend pay date | 02 Dec 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | JP¥27.000 |
| Payout ratio | 40% |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 7186 has been paying a dividend for less than 10 years.
Growing Dividend: 7186's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
| Concordia Financial Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (7186) | 3.1% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.8% |
| Industry Average (Banks) | 3.4% |
| Analyst forecast (7186) (up to 3 years) | 3.9% |
Notable Dividend: 7186's dividend (3.11%) is higher than the bottom 25% of dividend payers in the JP market (1.83%).
High Dividend: 7186's dividend (3.11%) is low compared to the top 25% of dividend payers in the JP market (3.79%).
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (39.7%), 7186'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.