Hachijuni Bank Dividend
Dividend criteria checks 3/6
Hachijuni Bank is a dividend paying company with a current yield of 2.6% that is well covered by earnings. Next payment date is on 9th December, 2024 with an ex-dividend date of 27th September, 2024.
Key information
2.6%
Dividend yield
31%
Payout ratio
Industry average yield | 3.1% |
Next dividend pay date | 09 Dec 24 |
Ex dividend date | 27 Sep 24 |
Dividend per share | JP¥26.000 |
Earnings per share | JP¥77.17 |
Dividend yield forecast in 3Y | 3.5% |
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 8359's dividend payments have been volatile in the past 10 years.
Growing Dividend: 8359's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Hachijuni Bank Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (8359) | 2.6% |
Market Bottom 25% (JP) | 1.7% |
Market Top 25% (JP) | 3.5% |
Industry Average (Banks) | 3.1% |
Analyst forecast in 3 Years (8359) | 3.5% |
Notable Dividend: 8359's dividend (2.6%) is higher than the bottom 25% of dividend payers in the JP market (1.74%).
High Dividend: 8359's dividend (2.6%) is low compared to the top 25% of dividend payers in the JP market (3.51%).
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (31.4%), 8359'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.