- Mizuho Financial expects to maintain its full-year dividends of JPY75 per share for FY 2021, despite its relatively weak capital position and the negative impact of COVID-19 on its earnings.
- Mizuho Financial has set a target of decreasing its cross-shareholdings by a further JPY 300 billion by March 2022, but its plans could be possibly delayed due to the coronavirus pandemic.
- Mizuho Financial trades at 0.39 times P/B and 9.5 times consensus forward FY 2021 (YE March) P/E, and it offers a consensus forward FY 2021 dividend yield of 5.6%.
For further details see:
Mizuho Financial: All Eyes On Dividends And Cross-Shareholdings