GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Akita Bank Ltd (TSE:8343) » Definitions » Forward Dividend Yield %

Akita Bank (TSE:8343) Forward Dividend Yield % : 3.94% (As of Dec. 15, 2024)


View and export this data going back to 1973. Start your Free Trial

What is Akita Bank Forward Dividend Yield %?

As of today (2024-12-15), the Forward Annual Dividend Yield of Akita Bank is 3.94%.

As of today (2024-12-15), the Trailing Annual Dividend Yield of Akita Bank is 3.94%.

TSE:8343's Forward Dividend Yield % is ranked better than
51.96% of 1222 companies
in the Banks industry
Industry Median: 3.78 vs TSE:8343: 3.94

Akita Bank's Dividends per Share for the three months ended in Sep. 2024 was 円45.00.

During the past 12 months, Akita Bank's average Dividends Per Share Growth Rate was 28.60% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 4.60% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 1.90% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 2.70% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Akita Bank was 22.10% per year. The lowest was -13.70% per year. And the median was 3.75% per year.

The growth rate is calculated with least square regression.

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


Competitive Comparison of Akita Bank's Forward Dividend Yield %

For the Banks - Regional subindustry, Akita 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.


Akita Bank's Forward Dividend Yield % Distribution in the Banks Industry

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

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



Akita Bank Forward Dividend Yield % Calculation

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

Akita Bank Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
JPY 45.0000002024-09-272024-09-302024-12-10Cash Dividendsemi-annuallyJPY:JPY 1.000000
JPY 45.0000002024-03-282024-03-312024-06-26Cash Dividendsemi-annuallyJPY:JPY 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.

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

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=90/2284.00
=3.94 %

Current Share Price is 円2284.00.
Akita Bank's Dividends per Share for the forward twelve months is calculated as 円45 * 2 = 円90.

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

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=90/2284.00
=3.94 %

Current Share Price is 円2284.00.
Akita Bank's Dividends per Share for the trailing twelve months (TTM) ended in Today is 円90.

* 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.


Akita Bank  (TSE:8343) 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.


Akita Bank Forward Dividend Yield % Related Terms

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


Akita Bank Business Description

Traded in Other Exchanges
N/A
Address
2-1 Sanno 3-Chome, Akita, JPN, 010-8655
Akita Bank Ltd is the banking subsidiary of the Akita Bank Group, which is composed of a Japanese regional bank and five consolidated subsidiaries operating primarily in the Akita Prefecture. The bank's strategy emphasizes regional market penetration to drive profitability. The group offers various financial services, principally banking. In addition, it offers leasing, consulting, guarantee services, and credit card services. Just over half of its earning assets are in loans and bills discounted, followed in size by securities. Most of the group's income is generated through net interest income, followed by fees and commissions.

Akita Bank Headlines

No Headlines