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Suruga Bank (Suruga Bank) Forward Dividend Yield %

: 1.56% (As of Today)
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As of today (2024-04-20), the Forward Annual Dividend Yield of Suruga Bank is 1.56%.

As of today (2024-04-20), the Trailing Annual Dividend Yield of Suruga Bank is 0.78%.

SUGBY's Forward Dividend Yield % is ranked worse than
91.42% of 1166 companies
in the Banks industry
Industry Median: 4.19 vs SUGBY: 1.56

Suruga Bank's Dividends per Share for the three months ended in Dec. 2023 was $0.00.

During the past 12 months, Suruga Bank's average Dividends Per Share Growth Rate was 166.70% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 21.60% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -20.40% per year. During the past 10 years, the average Dividends Per Share Growth Rate was -11.60% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Suruga Bank was 21.60% per year. The lowest was -38.00% per year. And the median was 4.90% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison

For the Banks - Regional subindustry, Suruga Bank's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Suruga Bank Forward Dividend Yield % Distribution

For the Banks industry and Financial Services sector, Suruga Bank's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Suruga Bank's Forward Dividend Yield % falls into.



Suruga Bank Forward Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Suruga Bank Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.4792023-09-282023-09-292023-12-27Cash Dividendsemi-annuallyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Suruga Bank's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.958/61.58
=1.56 %

Current Share Price is $61.58.
Suruga Bank's Dividends per Share for the forward twelve months is calculated as $0.479 * 2 = $0.958.

Suruga Bank's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.479/61.58
=0.78 %

Current Share Price is $61.58.
Suruga Bank's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.479.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Suruga Bank  (OTCPK:SUGBY) Forward Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Suruga Bank Forward Dividend Yield % Related Terms

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Suruga Bank (Suruga Bank) Business Description

Traded in Other Exchanges
Address
23 Toriyoko-cho, Numazu, JPN
Suruga Bank Ltd. is a regional bank in the Kanto area. The company divides its operations into five core businesses: personal loans, housing loans, asset management, life support, and small- to medium-size corporate lending. Specifically, this includes deposits, loans, foreign exchange transactions, leasing, letters of credit, and credit card services. Within their loan business, Suruga caters to consumers, allowing them to access more credit to work on projects such as renovations and refurbishment in addition to traditional housing loans. The company earns the majority of its revenue from housing loans. The bank operates primarily in Shizuoka and Kanagawa.

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