Aozora Bank Dividend yield




   JPY/share 
 Price  2,534.00
 Dividend  121.89
 Earnings  241.33
 Cash-flow  -228.29
 Book value  3,620.00
 Equity  3,770.78

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 paid a total dividend of 14,261 million JPY last year, for a market value of 296,478 millions (Market Cap 295,675 millions). Dividend per share of Aozora Bank is 121.89 JPY, and his stock market price 2,534.00 JPY.

According to the chart below, where dividend yield is displayed, Aozora Bank has a dividend yield of 4.81%, 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 dividend yield with other Banks companies or firms from Japan.

Dividend yield of Aozora Bank

Aozora Bank Dividend Payout

About the ability of Aozora Bank to maintain his current dividend of JPY 121.89 per share, an amount that accounts for 4.81%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Aozora Bank payout on ernings is currently 50.51%, which is higher than the market average, and companies of Financials industry, which are 38.17% and 41.32% 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 -228.29 per share, which is lower than the dividend per share paid by the company of JPY 121.89, 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 payout

Aozora Bank Dividend History

Year Yield  JPY  Paypout  Shares* 
Present4.81%121.8950.51%117
20206.83%129.9753.95%117
20195.22%150.9148.55%117
20185.62%184.0650.02%117
20172.58%113.1330.18%117
20163.72%14.6239.06%1,166
20153.89%16.8846.67%1,166

*In millions

Aozora Bank Stock performance

Finally, last moth Aozora Bank showed a return of 12.60% compared to a worldwide 4.24% average, and a 4.05% of Financials firms. Over the last year, the company obtained a 22.90% versus a worldwide performance of a 53.49%. More detailed information can be seen in the following graph for Japan and Banks firms.

Aozora Bank stock and market return