Kurita Water Industries Ltd.

TSE:6370 Stock Report

Market Cap: JP¥611.1b

Kurita Water Industries Dividends and Buybacks

Dividend criteria checks 4/6

Kurita Water Industries is a dividend paying company with a current yield of 1.69% that is well covered by earnings. Next payment date is on 30th June, 2025 with an ex-dividend date of 28th March, 2025.

Key information

1.7%

Dividend yield

n/a

Buyback Yield

Total Shareholder Yieldn/a
Future Dividend Yield2.2%
Dividend Growth-2.4%
Next dividend pay date30 Jun 25
Ex dividend date28 Mar 25
Dividend per shareJP¥92.000
Payout ratio31%

Recent dividend and buyback updates

Recent updates

Investors Met With Slowing Returns on Capital At Kurita Water Industries (TSE:6370)

Dec 13
Investors Met With Slowing Returns on Capital At Kurita Water Industries (TSE:6370)

Kurita Water Industries (TSE:6370) Is Due To Pay A Dividend Of ¥46.00

Nov 29
Kurita Water Industries (TSE:6370) Is Due To Pay A Dividend Of ¥46.00

Is Kurita Water Industries Ltd. (TSE:6370) Trading At A 28% Discount?

Nov 24
Is Kurita Water Industries Ltd. (TSE:6370) Trading At A 28% Discount?

Earnings Update: Kurita Water Industries Ltd. (TSE:6370) Just Reported Its Half-Year Results And Analysts Are Updating Their Forecasts

Nov 10
Earnings Update: Kurita Water Industries Ltd. (TSE:6370) Just Reported Its Half-Year Results And Analysts Are Updating Their Forecasts

Kurita Water Industries Ltd.'s (TSE:6370) Earnings Haven't Escaped The Attention Of Investors

Nov 07
Kurita Water Industries Ltd.'s (TSE:6370) Earnings Haven't Escaped The Attention Of Investors

Kurita Water Industries' (TSE:6370) Upcoming Dividend Will Be Larger Than Last Year's

Aug 29
Kurita Water Industries' (TSE:6370) Upcoming Dividend Will Be Larger Than Last Year's

These 4 Measures Indicate That Kurita Water Industries (TSE:6370) Is Using Debt Reasonably Well

Aug 19
These 4 Measures Indicate That Kurita Water Industries (TSE:6370) Is Using Debt Reasonably Well

Kurita Water Industries Ltd.'s (TSE:6370) 29% Dip Still Leaving Some Shareholders Feeling Restless Over Its P/ERatio

Aug 05
Kurita Water Industries Ltd.'s (TSE:6370) 29% Dip Still Leaving Some Shareholders Feeling Restless Over Its P/ERatio

Kurita Water Industries (TSE:6370) Has Announced That It Will Be Increasing Its Dividend To ¥46.00

Jul 26
Kurita Water Industries (TSE:6370) Has Announced That It Will Be Increasing Its Dividend To ¥46.00

Kurita Water Industries (TSE:6370) Hasn't Managed To Accelerate Its Returns

Jul 25
Kurita Water Industries (TSE:6370) Hasn't Managed To Accelerate Its Returns

Kurita Water Industries (TSE:6370) Is Increasing Its Dividend To ¥46.00

Jul 11
Kurita Water Industries (TSE:6370) Is Increasing Its Dividend To ¥46.00

A Look At The Fair Value Of Kurita Water Industries Ltd. (TSE:6370)

Jun 23
A Look At The Fair Value Of Kurita Water Industries Ltd. (TSE:6370)

Kurita Water Industries Ltd.'s (TSE:6370) Shareholders Might Be Looking For Exit

Jun 09
Kurita Water Industries Ltd.'s (TSE:6370) Shareholders Might Be Looking For Exit

Analysts Have Made A Financial Statement On Kurita Water Industries Ltd.'s (TSE:6370) Full-Year Report

May 12
Analysts Have Made A Financial Statement On Kurita Water Industries Ltd.'s (TSE:6370) Full-Year Report

Does Kurita Water Industries (TSE:6370) Have A Healthy Balance Sheet?

Apr 23
Does Kurita Water Industries (TSE:6370) Have A Healthy Balance Sheet?

Does This Valuation Of Kurita Water Industries Ltd. (TSE:6370) Imply Investors Are Overpaying?

Mar 14
Does This Valuation Of Kurita Water Industries Ltd. (TSE:6370) Imply Investors Are Overpaying?

Kurita Water Industries (TSE:6370) Will Pay A Dividend Of ¥42.00

Mar 01
Kurita Water Industries (TSE:6370) Will Pay A Dividend Of ¥42.00

Upcoming Dividend Payment

TodayDec 21 2024Ex Dividend DateMar 28 2025Dividend Pay DateJun 30 202594 days from Ex DividendBuy in the next 97 days to receive the upcoming dividend

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: 6370's dividends per share have been stable in the past 10 years.

Growing Dividend: 6370's dividend payments have increased over the past 10 years.


Dividend Yield vs Market

Kurita Water Industries Dividend Yield vs Market
How does 6370 dividend yield compare to the market?
SegmentDividend Yield
Company (6370)1.7%
Market Bottom 25% (JP)1.8%
Market Top 25% (JP)3.8%
Industry Average (Machinery)2.3%
Analyst forecast (6370) (up to 3 years)2.2%

Notable Dividend: 6370's dividend (1.69%) isn’t notable compared to the bottom 25% of dividend payers in the JP market (1.83%).

High Dividend: 6370's dividend (1.69%) is low compared to the top 25% of dividend payers in the JP market (3.85%).


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (31.4%), 6370's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonably low cash payout ratio (44.2%), 6370's dividend payments are well covered by cash flows.


Discover strong dividend paying companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/21 07:49
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Kurita Water Industries Ltd. is covered by 23 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Kunio SakaidaBarclays
Hideyuki MizunoBofA Global Research
Taku OuchiCitigroup Global Markets Japan Inc.