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 ¥30.00 per ordinary share which will be made payable on 2025-06-01. Ex dividend date: 2025-03-28
• Daito Bank's trailing twelve-month (TTM) dividend yield is 4.15%
Daito Bank Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2025-03-28 | ¥30.00 | annually | 2025-06-01 |
2024-03-28 | ¥30.00 | annually | 2024-06-24 |
2023-03-30 | ¥30.00 | annually | 2023-06-26 |
2022-03-30 | ¥30.00 | annually | 2022-06-27 |
2021-03-30 | ¥30.00 | annually | 2021-06-28 |
2020-03-30 | ¥30.00 | annually | 2020-06-29 |
2019-03-27 | ¥30.00 | annually | 2019-06-24 |
2018-03-28 | ¥30.00 | annually | 2018-06-25 |
2017-03-29 | ¥3.00 | annually | 2017-06-26 |
2016-03-29 | ¥3.00 | annually | |
2015-03-27 | ¥2.50 | annually | |
2014-03-27 | ¥2.00 | annually |
Daito Bank Dividend per year
Daito Bank Dividend growth
Daito Bank Dividend Yield
Daito Bank current trailing twelve-month (TTM) dividend yield is 4.15%. Interested in purchasing Daito Bank stock? Use our calculator to estimate your expected dividend yield:
Daito Bank Financial Ratios
Daito Bank Dividend FAQ
Other factors to consider when evaluating Daito Bank as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Daito Bank's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Daito Bank publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Daito Bank distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Daito Bank are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Daito Bank sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Daito Bank distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Daito Bank declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Daito Bank's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Daito Bank's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.