Suruga Bank Dividends and Buybacks
Dividend criteria checks 2/6
Suruga Bank is a dividend paying company with a current yield of 1.83%.
Key information
1.8%
Dividend yield
2.3%
Buyback Yield
| Total Shareholder Yield | 4.1% |
| Future Dividend Yield | 2.1% |
| Dividend Growth | 11.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | US$0.137 |
| Payout ratio | 101% |
Recent dividend and buyback updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: SRGB.F's dividend payments have been volatile in the past 10 years.
Growing Dividend: SRGB.F's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Suruga Bank Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (SRGB.F) | 1.8% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.2% |
| Industry Average (Banks) | 2.5% |
| Analyst forecast (SRGB.F) (up to 3 years) | 2.1% |
Notable Dividend: SRGB.F's dividend (1.83%) is higher than the bottom 25% of dividend payers in the US market (1.43%).
High Dividend: SRGB.F's dividend (1.83%) is low compared to the top 25% of dividend payers in the US market (4.31%).
Current Payout to Shareholders
Earnings Coverage: With its high payout ratio (101.2%), SRGB.F's dividend payments are not 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.