Aozora Bank Dividend yield

Aozora Bank is part of Banks business, which is part of Financials industry. Aozora Bank is a company from Japan, and his stocks are publicly traded.

Aozora Bank stock dividend

Aozora Bank paid a total dividend of 18,016 million JPY last year, for a market value of 334,854 millions (Market Cap 334,228 millions). Aozora Bank dividend per share is 153.98 JPY, and his stock market price 2,862.00 JPY.

According to the chart below, where dividend yield is displayed, Aozora Bank has a dividend yield of 5.38%, which is higher than the amount offered by both the market average and companies from Japan. It is also bigger than average of Financials industry. This high dividend yield might be a sign to worry about the future of the company so deeper analysis is needed.

In addition, you should compare Aozora Bank stocks dividend with other Banks companies or other of the high Japan dividend stocks list.

Aozora Bank Dividend Payout

About the ability of Aozora Bank to maintain his current dividend of JPY 153.98 per share, an amount that accounts for 5.38%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Aozora Bank payout on ernings is currently 206.05%, which is higher than the market average, and companies of Financials industry, which are 39.34% and 46.18% respectively. Both figures show that Aozora Bank can have problems to keep with his present dividend yield.

The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of Aozora Bank is JPY -1,431.00 per share, which is lower than the dividend per share paid by the company of JPY 153.98, so the company does not generate enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Aozora Bank, compared againt world market average, Japan companies, Financials industry and Banks sector companies.

Aozora Bank Dividend History

Below you will find a table with the historical evolution of Aozora Bank's dividend stock, both in percentage and in JPY, its Payout on Earnings and the number of shares (in case there is an split, number shares altered the dividend per share).

Year	Yield	JPY	Paypout	Shares*
Present	5.38%	153.98	206.05%	117
2022	6.17%	160.11	53.68%	117
2021	5.16%	129.93	52.12%	117
2020	6.83%	129.97	53.95%	117
2019	5.22%	150.91	48.55%	117
2018	5.62%	184.06	50.02%	117
2017	2.58%	113.13	30.18%	117
2016	3.72%	14.62	39.06%	1,166
2015	3.89%	16.88	46.67%	1,166

*In millions

Then you can see the evolution of Aozora Bank dividend stock, and compare it with the average of Japan stocks and that of the Banks stocks.

Aozora Bank Stock performance

Finally, last moth Aozora Bank showed a return of -2.00% compared to a worldwide -2.49% average, and a -3.03% of Financials firms. Over the last year, the company obtained a 6.40% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Japan and Banks firms.