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The Daito Bank (TSE:8563) Dividend Yield % : 4.12% (As of Jun. 03, 2024)


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What is The Daito Bank Dividend Yield %?

As of today (2024-06-03), the Trailing Annual Dividend Yield of The Daito Bank is 4.12%.

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

TSE:8563' s Dividend Yield % Range Over the Past 10 Years
Min: 0.75   Med: 3.67   Max: 6.55
Current: 4.12

During the past 13 years, the highest Dividend Yield of The Daito Bank was 6.55%. The lowest was 0.75%. And the median was 3.67%.

TSE:8563's Dividend Yield % is ranked better than
51.3% of 1189 companies
in the Banks industry
Industry Median: 4.01 vs TSE:8563: 4.12

The Daito 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 Daito Bank was 0.71. The lowest was 0.08. And the median was 0.27.

As of today (2024-06-03), the Forward Dividend Yield % of The Daito Bank is 4.12%.

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

During the past 10 years, the average Dividends Per Share Growth Rate was 7.20% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of The Daito Bank was 44.20% per year. The lowest was 6.30% per year. And the median was 25.10% per year.

The growth rate is calculated with least square regression.

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


The Daito Bank Dividend Yield % Historical Data

The historical data trend for The Daito 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 Daito Bank Dividend Yield % Chart

The Daito 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 4.71 5.27 4.28 4.38 4.68

The Daito 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 4.42 4.68 4.78 4.07 4.05

Competitive Comparison of The Daito Bank's Dividend Yield %

For the Banks - Regional subindustry, The Daito 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 Daito Bank's Dividend Yield % Distribution in the Banks Industry

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

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



The Daito Bank Dividend Yield % Calculation

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

The Daito Bank Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
JPY 30.0000002024-03-282024-03-312024-06-24Cash DividendannuallyJPY: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.

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

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=30/747.00
=4.02 %

Current Share Price is 円747.00.
The Daito Bank's Dividends per Share for the trailing twelve months (TTM) ended in Today is 円30.

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

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=30/747.00
=4.02 %

Current Share Price is 円747.00.
The Daito Bank's Dividends per Share for the forward twelve months is calculated as 円30 * 1 = 円30.

* 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 Daito Bank  (TSE:8563) 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 Daito Bank Dividend Yield % Related Terms

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


The Daito Bank (TSE:8563) Business Description

Traded in Other Exchanges
N/A
Address
No. 19 No. 1 Nakamachi,, Koriyama, JPN, 963-8004
The Daito Bank Ltd provides various banking products and services to individuals and corporate customers in Japan. The company accepts time and foreign currency time deposits; and offers and government bonds. It also provides housing, car, education, card, free, and business loans; and annuity, life, cancer, medical, and financial insurance products. Additionally, the company offers credit cards, safe-deposit boxes, and credit guarantees, as well as currency exchange, institutional loan, and Internet banking services.

The Daito Bank (TSE:8563) Headlines

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