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Shiga Bank (TSE:8366) Dividend Yield % : 1.93% (As of May. 27, 2024)


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What is Shiga Bank Dividend Yield %?

As of today (2024-05-27), the Trailing Annual Dividend Yield of Shiga Bank is 1.93%.

Warning Sign:

Shiga Bank Ltd stock dividend yield is close to 1-year low.

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

TSE:8366' s Dividend Yield % Range Over the Past 10 Years
Min: 0.72   Med: 1.28   Max: 2.99
Current: 1.93

During the past 13 years, the highest Dividend Yield of Shiga Bank was 2.99%. The lowest was 0.72%. And the median was 1.28%.

TSE:8366's Dividend Yield % is ranked worse than
85.09% of 1194 companies
in the Banks industry
Industry Median: 3.985 vs TSE:8366: 1.93

Shiga 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 Shiga Bank was 0.26. The lowest was 0.08. And the median was 0.14.

As of today (2024-05-27), the Forward Dividend Yield % of Shiga Bank is 2.17%.

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

During the past 3 years, the average Dividends Per Share Growth Rate was 31.70% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 29.90% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 8.40% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Shiga Bank was 31.70% per year. The lowest was -15.70% per year. And the median was 5.30% per year.

The growth rate is calculated with least square regression.

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


Shiga Bank Dividend Yield % Historical Data

The historical data trend for Shiga 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.

Shiga Bank Dividend Yield % Chart

Shiga Bank Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.36 1.46 1.58 2.99 1.90

Shiga Bank Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 2.99 2.96 2.29 2.29 1.90

Competitive Comparison of Shiga Bank's Dividend Yield %

For the Banks - Regional subindustry, Shiga 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.


Shiga Bank's Dividend Yield % Distribution in the Banks Industry

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

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



Shiga Bank Dividend Yield % Calculation

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

Shiga Bank Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
JPY 40.0000002024-03-282024-03-312024-06-27Cash Dividendsemi-annuallyJPY:JPY 1.000000
JPY 40.0000002023-09-282023-09-302023-12-05Cash 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.

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

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=80/4165.00
=1.92 %

Current Share Price is 円4165.00.
Shiga Bank's Dividends per Share for the trailing twelve months (TTM) ended in Today is 円80.

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

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=80/4165.00
=1.92 %

Current Share Price is 円4165.00.
Shiga Bank's Dividends per Share for the forward twelve months is calculated as 円40 * 2 = 円80.

* 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.


Shiga Bank  (TSE:8366) 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.


Shiga Bank Dividend Yield % Related Terms

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


Shiga Bank (TSE:8366) Business Description

Traded in Other Exchanges
N/A
Address
1-38 Hamamachi, Otsu, Shiga, JPN, 520-8686
Shiga Bank Ltd is a Japanese bank that has a majority of its deposit and loan portfolio targeting the Shiga prefecture. The bank's strategy emphasizes regional market penetration to build and grow its current customer base. Its corporate customer acquisition strategy attempts to leverage its financial intermediary functions. Its high-net-worth client acquisition strategy emphasizes pushing trust products and inheritance tax mitigation measures such as real estate. Loans on deeds constitute an overwhelming majority of its loan portfolio. The bank's deposit base, however, is split nearly evenly between ordinary and time deposits.

Shiga Bank (TSE:8366) Headlines

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