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Gunma Bank (TSE:8334) 3-Year Dividend Growth Rate : 9.40% (As of Dec. 2023)


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What is Gunma Bank 3-Year Dividend Growth Rate?

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

The historical rank and industry rank for Gunma Bank's 3-Year Dividend Growth Rate or its related term are showing as below:

TSE:8334' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 1.8   Med: 5.5   Max: 19.3
Current: 9.4

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Gunma Bank was 19.30% per year. The lowest was 1.80% per year. And the median was 5.50% per year.

TSE:8334's 3-Year Dividend Growth Rate is ranked better than
57.7% of 773 companies
in the Banks industry
Industry Median: 7.6 vs TSE:8334: 9.40

During the past 12 months, Gunma Bank's average Dividends Per Share Growth Rate was 26.70% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 9.40% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 4.60% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 4.80% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Gunma Bank's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.00. As of today, Gunma Bank's Dividend Yield % is 2.28%.

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


Competitive Comparison of Gunma Bank's 3-Year Dividend Growth Rate

For the Banks - Regional subindustry, Gunma Bank's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate 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.


Gunma Bank's 3-Year Dividend Growth Rate Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Gunma Bank's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Gunma Bank's 3-Year Dividend Growth Rate falls into.



Gunma Bank 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Gunma Bank  (TSE:8334) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Gunma 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/ 24.958
=0.00

During the past 13 years, the highest Dividend Payout Ratio of Gunma Bank was 0.40. The lowest was 0.19. And the median was 0.22.

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

Gunma Bank Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
JPY 12.0002024-03-282024-03-310000-00-00Cash Dividendsemi-annuallyJPY:JPY 1.000000
JPY 10.0002023-09-282023-09-302023-11-30Cash 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.

Gunma Bank's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=22/960.20
=2.29 %

Current Share Price is 円960.20.
Gunma Bank's Dividends per Share for the trailing twelve months (TTM) ended in Today is 円22.

During the past 13 years, the highest Dividend Yield of Gunma Bank was 4.96%. The lowest was 1.08%. And the median was 2.58%.

* 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.


Gunma Bank 3-Year Dividend Growth Rate Related Terms>


Gunma Bank (TSE:8334) Business Description

Industry
Traded in Other Exchanges
N/A
Address
194 Motosojamachi, Gunma Prefecture, Maebashi, JPN, 371-8611
Gunma Bank Ltd is a Japan-based company that is principally engaged in providing banking services. As a regional bank, the company conducts businesses mainly in Gunma Prefecture and neighboring areas. The company's core segments include the banking segment and the leasing segment, with the banking segment contributing most of the company's revenue. The company also has a securities business, a guarantee business, a credit card business, and other businesses.

Gunma Bank (TSE:8334) Headlines

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