As Japan's sovereign bond yields languish near zero, the regular payouts to shareholders of the megabanks are starting to appeal to a wider group of investors.
The average dividend yield of the Topix Banks Index, the payout relative to the share price, was at 2.22 percent Thursday. That's a 1.88 percentage point premium over the 10-year Japanese government bond yield, which touched a record low of 0.195 percent last month.
The average indicated dividend yield for the three biggest banks is 2.8 percent.
With your current subscription plan you can comment on stories. However, before writing your first comment, please create a display name in the Profile section of your subscriber account page.