Chugoku Bank Dividend yield




   JPY/share 
 Price  935.00
 Dividend  21.97
 Earnings  63.18
 Cash-flow  90.78
 Book value  3,116.67
 Equity  2,746.96

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

Chugoku Bank paid a total dividend of 4,130 million JPY last year, for a market value of 175,780 millions (Market Cap 158,252 millions). Dividend per share of Chugoku Bank is 21.97 JPY, and his stock market price 935.00 JPY.

According to the chart below, where dividend yield is displayed, Chugoku Bank has a dividend yield of 2.35%, which is similar to the amount offered by both the market average and companies from Japan. However, it is lower than the average of Financials industry. The company should be deeply analized because dividend yields should be similar among companies from the same industry unless they carry an opposite strategy.

In addition, you should compare Chugoku Bank dividend yield with other Banks companies or firms from Japan.

Dividend yield of Chugoku Bank

Chugoku Bank Dividend Payout

About the ability of Chugoku Bank to maintain his current dividend of JPY 21.97 per share, an amount that accounts for 2.35%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Chugoku Bank payout on ernings is currently 34.77%, which is lower than the market average and companies of Financials industry, which are 38.17% and 41.32% respectively. Both figures lead us to believe that there is confidence that Chugoku Bankcan maintain his current dividend.

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 Chugoku Bank is JPY 90.78 per share, which is higher than the dividend per share paid by the company of JPY 21.97, so the company generates enough cash to maintain his dividend in the future.

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

Chugoku Bank payout

Chugoku Bank Dividend History

Year Yield  JPY  Paypout  Shares* 
Present2.35%21.9734.77%188
20202.66%22.0034.85%188
20192.06%22.9726.78%188
20182.16%20.0217.92%190
20171.33%20.0418.88%192
20161.29%19.9414.19%195
20151.17%19.9717.78%197

*In millions

Chugoku Bank Stock performance

Finally, last moth Chugoku Bank showed a return of 10.40% compared to a worldwide 4.24% average, and a 4.05% of Financials firms. Over the last year, the company obtained a -2.90% versus a worldwide performance of a 53.49%. More detailed information can be seen in the following graph for Japan and Banks firms.

Chugoku Bank stock and market return