Suruga Bank Dividends and Buybacks
Dividend criteria checks 3/6
Suruga Bank is a dividend paying company with a current yield of 2.06% that is well covered by earnings. Next payment date is on 12th December, 2024 with an ex-dividend date of 27th September, 2024.
Key information
2.1%
Dividend yield
2.5%
Buyback Yield
Total Shareholder Yield | 4.6% |
Future Dividend Yield | 2.6% |
Dividend Growth | 11.8% |
Next dividend pay date | 12 Dec 24 |
Ex dividend date | 27 Sep 24 |
Dividend per share | JP¥22.000 |
Payout ratio | 23% |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 8358's dividend payments have been volatile in the past 10 years.
Growing Dividend: 8358's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Suruga Bank Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (8358) | 2.1% |
Market Bottom 25% (JP) | 1.8% |
Market Top 25% (JP) | 3.8% |
Industry Average (Banks) | 3.0% |
Analyst forecast (8358) (up to 3 years) | 2.6% |
Notable Dividend: 8358's dividend (2.06%) is higher than the bottom 25% of dividend payers in the JP market (1.81%).
High Dividend: 8358's dividend (2.06%) is low compared to the top 25% of dividend payers in the JP market (3.79%).
Current Payout to Shareholders
Earnings Coverage: With its low payout ratio (23%), 8358'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.