Shinkin Central Bank (TSE:8421) Dividend Payout Ratio : 0.00 (As of Dec. 2023)

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What is Shinkin Central Bank Dividend Payout Ratio?

Shinkin Central Bank's dividend payout ratio for the months ended in Dec. 2023 was 0.00.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Shinkin Central Bank is 2.31, which seems too high.

The historical rank and industry rank for Shinkin Central Bank's Dividend Payout Ratio or its related term are showing as below:

TSE:8421' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.5 Med: 1.06 Max: 2.31
Current: 2.31

During the past 13 years, the highest Dividend Payout Ratio of Shinkin Central Bank was 2.31. The lowest was 0.50. And the median was 1.06.

TSE:8421's Dividend Payout Ratio is ranked worse than
98.53% of 1091 companies
in the Banks industry
Industry Median: 0.35 vs TSE:8421: 2.31

As of today (2024-05-14), the Dividend Yield % of Shinkin Central Bank is 2.52%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Shinkin Central Bank was 3.89%. The lowest was 2.35%. And the median was 2.75%.

Shinkin Central Bank's Dividends per Share for the months ended in Dec. 2023 was 円0.00.

The growth rate is calculated with least square regression.

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

Shinkin Central Bank Dividend Payout Ratio Historical Data

The historical data trend for Shinkin Central Bank's Dividend Payout Ratio can be seen below:

* 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.

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Shinkin Central Bank Dividend Payout Ratio Chart

Shinkin Central Bank Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Dividend Payout Ratio

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1.00

1.14

1.47

1.29

1.79

Shinkin Central Bank Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Dividend Payout Ratio	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Shinkin Central Bank's Dividend Payout Ratio

For the Banks - Regional subindustry, Shinkin Central Bank's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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.

Shinkin Central Bank's Dividend Payout Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Shinkin Central Bank's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Shinkin Central Bank's Dividend Payout Ratio falls into.

Shinkin Central Bank Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Shinkin Central Bank's Dividend Payout Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Mar. 2023 )	/	EPS without NRI (A: Mar. 2023 )
	=	6500	/	3633.937
	=	1.79

Shinkin Central Bank's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Dec. 2023 )	/	EPS without NRI (Q: Dec. 2023 )
	=	0	/	862.268
	=	0.00

Shinkin Central Bank (TSE:8421) Dividend Payout Ratio Explanation

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.

Shinkin Central Bank Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Shinkin Central Bank's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Shinkin Central Bank (TSE:8421) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Shinkin Central Bank (TSE:8421) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

3-7, Yaesu 1-chome, Chuo-ku, Tokyo, JPN, 103-0028

Website

http://www.shinkin-central-bank.jp

Shinkin Central Bank provides various financial products and services, including deposit, bond, financing, market operation, securities, and settlement, as well as business support and function supplement for cooperative banks. It uses the funds deposited from Shinkin banks throughout Japan to invest in marketable securities in the financial markets in Japan and overseas. It provides loans to operating companies.

Shinkin Central Bank (TSE:8421) Headlines

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