Hokuhoku Financial Group Dividends and Buybacks
Dividend criteria checks 3/6
Hokuhoku Financial Group is a dividend paying company with a current yield of 2.3% that is well covered by earnings. Next payment date is on 10th December, 2024 with an ex-dividend date of 27th September, 2024.
Key information
2.3%
Dividend yield
4.4%
Buyback Yield
| Total Shareholder Yield | 6.7% |
| Future Dividend Yield | 4.0% |
| Dividend Growth | 1.4% |
| Next dividend pay date | 10 Dec 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | JP¥40.000 |
| Payout ratio | 30% |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 8377's dividends per share have been stable in the past 10 years.
Growing Dividend: 8377's dividend payments have not increased over the past 10 years.
Dividend Yield vs Market
| Hokuhoku Financial Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (8377) | 2.3% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.9% |
| Industry Average (Banks) | 3.2% |
| Analyst forecast (8377) (up to 3 years) | 4.0% |
Notable Dividend: 8377's dividend (2.3%) is higher than the bottom 25% of dividend payers in the JP market (1.84%).
High Dividend: 8377's dividend (2.3%) is low compared to the top 25% of dividend payers in the JP market (3.85%).
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (30.3%), 8377'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.