Dividend Yield: 3.2%

Gunma Bank offers a stable dividend yield of 3.16%, which is lower than the top 25% of Japanese market payers. The bank's dividends have shown reliability and growth over the past decade, supported by a low payout ratio of 26%. Recent buyback activity, with ￥4.99 billion spent to repurchase shares, reflects efforts to enhance shareholder returns and capital efficiency. However, there is insufficient data on future dividend sustainability relative to earnings or cash flows.

• Navigate through the intricacies of Gunma Bank with our comprehensive dividend report here.

• The analysis detailed in our Gunma Bank valuation report hints at an deflated share price compared to its estimated value.

Tung Ho Steel Enterprise

Simply Wall St Dividend Rating: ★★★★★☆

Overview: Tung Ho Steel Enterprise Corporation, along with its subsidiaries, is engaged in the production and sale of steel products in Taiwan, with a market capitalization of NT$55.79 billion.

Operations: Tung Ho Steel Enterprise Corporation generates revenue primarily from its Steel Department, contributing NT$55.50 billion, and its Steel Structure Department, which adds NT$13.85 billion.

Dividend Yield: 5.5%

Tung Ho Steel Enterprise's dividend yield of 5.5% ranks in the top 25% of Taiwan's market, yet its dividends have been volatile over the past decade. Despite this instability, dividends are well-covered by earnings and cash flows, with payout ratios at 65.4% and 53.6%, respectively. The company trades below estimated fair value and offers good relative value compared to peers, though recent earnings showed a slight decline in net income year-over-year for the third quarter.

• Click to explore a detailed breakdown of our findings in Tung Ho Steel Enterprise's dividend report.

• Insights from our recent valuation report point to the potential undervaluation of Tung Ho Steel Enterprise shares in the market.

Key Takeaways

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Companies discussed in this article include TASE:POLI TSE:8334 and TWSE:2006.

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