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.
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 | n/a |
| Ex dividend date | n/a |
| Dividend per share | US$0.137 |
| Payout ratio | 23% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: SUGB.Y's dividend payments have been volatile in the past 10 years.
Growing Dividend: SUGB.Y's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Suruga Bank Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (SUGB.Y) | 2.1% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.4% |
| Industry Average (Banks) | 2.6% |
| Analyst forecast (SUGB.Y) (up to 3 years) | 2.6% |
Notable Dividend: SUGB.Y's dividend (2.06%) is higher than the bottom 25% of dividend payers in the US market (1.46%).
High Dividend: SUGB.Y's dividend (2.06%) is low compared to the top 25% of dividend payers in the US market (4.51%).
Current Payout to Shareholders
Earnings Coverage: With its low payout ratio (23%), SUGB.Y'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.