Gunma Bank Dividend
Dividend criteria checks 4/6
Gunma Bank is a dividend paying company with a current yield of 3.32% 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
3.3%
Dividend yield
26%
Payout ratio
| Industry average yield | 3.8% |
| Next dividend pay date | 02 Dec 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | JP¥28.000 |
| Earnings per share | JP¥85.82 |
| Dividend yield forecast in 3Y | 4.5% |
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 8334's dividends per share have been stable in the past 10 years.
Growing Dividend: 8334's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Gunma Bank Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (8334) | 3.3% |
| Market Bottom 25% (JP) | 2.0% |
| Market Top 25% (JP) | 4.0% |
| Industry Average (Banks) | 3.8% |
| Analyst forecast in 3 Years (8334) | 4.5% |
Notable Dividend: 8334's dividend (3.32%) is higher than the bottom 25% of dividend payers in the JP market (1.97%).
High Dividend: 8334's dividend (3.32%) is low compared to the top 25% of dividend payers in the JP market (3.99%).
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (26%), 8334'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.