Chiba Bank Dividend
Dividend criteria checks 3/6
Chiba Bank is a dividend paying company with a current yield of 2.93% that is well covered by earnings. Next payment date is on 5th December, 2024 with an ex-dividend date of 27th September, 2024.
Key information
2.9%
Dividend yield
36%
Payout ratio
| Industry average yield | 3.3% |
| Next dividend pay date | 05 Dec 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | JP¥36.000 |
| Earnings per share | JP¥89.54 |
| Dividend yield forecast in 3Y | 3.7% |
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 8331's dividend payments have been volatile in the past 10 years.
Growing Dividend: 8331's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Chiba Bank Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (8331) | 2.9% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.7% |
| Industry Average (Banks) | 3.3% |
| Analyst forecast in 3 Years (8331) | 3.7% |
Notable Dividend: 8331's dividend (2.93%) is higher than the bottom 25% of dividend payers in the JP market (1.83%).
High Dividend: 8331's dividend (2.93%) is low compared to the top 25% of dividend payers in the JP market (3.73%).
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (35.9%), 8331'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.