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The Daito Bank, Ltd. provides various banking products and services to individual and corporate customers in Japan. The company accepts time, savings, and foreign currency deposits; and offers mutual fund and government bonds. It also provides housing, car, education, card, free, expansion and renovation, and business and institutional loans; and pension and insurance, as well as financial product brokerage, investment trust, web account transfer reception, online payment/electronic money charge, and pay-easy fund transfer reception services. In addition, the company offers credit and debit cards, mail orders, safe-deposit boxes, and credit guarantees, as well as foreign currency exchange, automatic remittance, ATM, and Internet banking services. It operates through 58 branches. The company was formerly known as Daito Mutual Bank and changed its name to The Daito Bank, Ltd. in 1989. The Daito Bank, Ltd. was founded in 1942 and is headquartered in Koriyama, Japan.

Daito Bank Dividend Announcement

• Daito Bank announced a annually dividend of ¥0.00 per ordinary share which will be made payable on . Ex dividend date: 2025-03-28
• Daito Bank's trailing twelve-month (TTM) dividend yield is 4.32%

Daito Bank Dividend History

Ex-Div dateDividend amountDividend typePay date
2025-03-28¥0.00annually
2024-03-28¥30.00annually
2023-03-30¥30.00annually2023-06-26
2022-03-30¥30.00annually2022-06-27
2021-03-30¥30.00annually2021-06-28
2020-03-30¥30.00annually2020-06-29
2019-03-27¥30.00annually2019-06-24
2018-03-28¥30.00annually2018-06-25
2017-03-29¥3.00annually2017-06-26
2016-03-29¥3.00annually
2015-03-27¥2.50annually
2014-03-27¥2.00annually

Daito Bank Dividend per year

Daito Bank Dividend growth

Daito Bank Dividend Yield

Daito Bank current trailing twelve-month (TTM) dividend yield is 4.32%. Interested in purchasing Daito Bank stock? Use our calculator to estimate your expected dividend yield:

Daito Bank Financial Ratios

P/E ratio6.83
PEG ratio0.63
P/B ratio0.25
ROE3.60%
Payout ratio0.00%
Current ratio179.55
Quick ratio179.55
Cash Ratio179.55

Daito Bank Dividend FAQ

Does Daito Bank stock pay dividends?
Daito Bank does not currently pay dividends to its shareholders.
Has Daito Bank ever paid a dividend?
No, Daito Bank has no a history of paying dividends to its shareholders. Daito Bank is not known for its dividend payments.
Why doesn't Daito Bank pay dividends?
There are several potential reasons why Daito Bank would choose not to pay dividends to their shareholders:

1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.

2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.

3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.

4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.

5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
Will Daito Bank ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While Daito Bank has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is Daito Bank a dividend aristocrat?
Daito Bank is not considered a Dividend Aristocrat. The term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Daito Bank a dividend king?
Daito Bank is not classified as a "Dividend King". A Dividend King is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Daito Bank a dividend stock?
No, Daito Bank is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy Daito Bank stocks?
To buy Daito Bank you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees and account minimums.

Place an order: Use the brokerage's trading platform to place an order to buy Daito Bank stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.