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Shinkin Central Bank (Shinkin Central Bank) Dividend Yield % : 0.00% (As of Apr. 29, 2024)


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What is Shinkin Central Bank Dividend Yield %?

As of today (2024-04-29), the Trailing Annual Dividend Yield of Shinkin Central Bank is 0.00%.

Warning Sign:

Shinkin Central Bank stock dividend yield is close to 10-year low.

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

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

SKCBY's Dividend Yield % is not ranked *
in the Banks industry.
Industry Median: 3.985
* Ranked among companies with meaningful Dividend Yield % only.

Shinkin Central Bank's Dividend Payout Ratio for the three 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.

During the past 13 years, the highest Dividend Payout Ratio of Shinkin Central Bank was 1.79. The lowest was 0.50. And the median was 1.06.

As of today (2024-04-29), the Forward Dividend Yield % of Shinkin Central Bank is 0.00%.

Shinkin Central Bank's Dividends per Share for the three months ended in Dec. 2023 was $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 Yield % Historical Data

The historical data trend for Shinkin Central Bank's Dividend Yield % 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.

* Premium members only.

Shinkin Central Bank Dividend Yield % Chart

Shinkin Central Bank Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Dividend Yield %
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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
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Competitive Comparison of Shinkin Central Bank's Dividend Yield %

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


Shinkin Central Bank's Dividend Yield % Distribution in the Banks Industry

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

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



Shinkin Central Bank Dividend Yield % Calculation

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


Shinkin Central Bank  (OTCPK:SKCBY) 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.


Shinkin Central Bank Dividend Yield % Related Terms

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Shinkin Central Bank (Shinkin Central Bank) Business Description

Traded in Other Exchanges
Address
3-7, Yaesu 1-chome, Chuo-ku, Tokyo, JPN, 103-0028
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 (Shinkin Central Bank) Headlines

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