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The 77 Bank (TSE:8341) Dividend Yield % : 2.72% (As of May. 11, 2024)


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What is The 77 Bank Dividend Yield %?

As of today (2024-05-11), the Trailing Annual Dividend Yield of The 77 Bank is 2.72%.

Warning Sign:

The 77 Bank Ltd stock dividend yield is close to 5-year low.

The historical rank and industry rank for The 77 Bank's Dividend Yield % or its related term are showing as below:

TSE:8341' s Dividend Yield % Range Over the Past 10 Years
Min: 0.88   Med: 2.38   Max: 4.71
Current: 2.72

During the past 13 years, the highest Dividend Yield of The 77 Bank was 4.71%. The lowest was 0.88%. And the median was 2.38%.

TSE:8341's Dividend Yield % is ranked worse than
78% of 1191 companies
in the Banks industry
Industry Median: 3.97 vs TSE:8341: 2.72

The 77 Bank's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.00.

During the past 13 years, the highest Dividend Payout Ratio of The 77 Bank was 0.26. The lowest was 0.11. And the median was 0.20.

As of today (2024-05-11), the Forward Dividend Yield % of The 77 Bank is 3.11%.

The 77 Bank's Dividends per Share for the three months ended in Dec. 2023 was 円0.00.

During the past 12 months, The 77 Bank's average Dividends Per Share Growth Rate was 31.30% 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 22.40% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 7.40% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of The 77 Bank was 22.80% per year. The lowest was -14.00% per year. And the median was 6.30% per year.

The growth rate is calculated with least square regression.

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


The 77 Bank Dividend Yield % Historical Data

The historical data trend for The 77 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.

The 77 Bank Dividend Yield % Chart

The 77 Bank Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.91 3.57 3.20 3.55 3.70

The 77 Bank Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Dividend Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.62 3.70 3.52 3.23 3.02

Competitive Comparison of The 77 Bank's Dividend Yield %

For the Banks - Regional subindustry, The 77 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.


The 77 Bank's Dividend Yield % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, The 77 Bank's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where The 77 Bank's Dividend Yield % falls into.



The 77 Bank Dividend Yield % Calculation

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

The 77 Bank Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
JPY 67.5000002024-03-282024-03-312024-06-28Cash Dividendsemi-annuallyJPY: 1.000000
JPY 55.0000002023-09-282023-09-302023-12-08Cash Dividendsemi-annuallyJPY: 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.

The 77 Bank's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=122.5/4500.00
=2.72 %

Current Share Price is 円4500.00.
The 77 Bank's Dividends per Share for the trailing twelve months (TTM) ended in Today is 円122.5.

The 77 Bank's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=135/4500.00
=3.00 %

Current Share Price is 円4500.00.
The 77 Bank's Dividends per Share for the forward twelve months is calculated as 円67.5 * 2 = 円135.

* 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.


The 77 Bank  (TSE:8341) 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.


The 77 Bank Dividend Yield % Related Terms

Thank you for viewing the detailed overview of The 77 Bank's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


The 77 Bank (TSE:8341) Business Description

Traded in Other Exchanges
N/A
Address
3-20, Chuo 3-chome, Aoba-ku, Miyagi, Sendai, JPN, 980-8777
The 77 Bank Ltd operates mostly in the Miyagi prefecture of Japan, which is in the southeast Tohoku region of the island of Honshu, and the bank's strategy emphasizes the prefecture's link between Tohoku and Tokyo. The bank is a group that engages in leasing, credit card, and other financial services in addition to the banking business. Most of the bank's earning assets are almost entirely from loans and bills discounted and investment securities. As such, a majority of the bank's income comes from interest on loans and discounts, and interest and dividends on trading accounts and investment securities.

The 77 Bank (TSE:8341) Headlines

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