Kurita Water Industries Ltd.

TSE:6370 Stock Report

Market Cap: JP¥658.1b

Kurita Water Industries Dividend

Dividend criteria checks 4/6

Kurita Water Industries is a dividend paying company with a current yield of 1.57% that is well covered by earnings. Next payment date is on 29th November, 2024 with an ex-dividend date of 27th September, 2024.

Key information

1.6%

Dividend yield

32%

Payout ratio

Industry average yield2.7%
Next dividend pay date29 Nov 24
Ex dividend date27 Sep 24
Dividend per shareJP¥92.000
Earnings per shareJP¥259.79
Dividend yield forecast in 3Y2.0%

Recent dividend updates

Recent updates

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

TodayAug 29 2024Ex Dividend DateSep 27 2024Dividend Pay DateNov 29 202463 days from Ex DividendBuy in the next 29 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)1.6%
Market Bottom 25% (JP)1.8%
Market Top 25% (JP)3.7%
Industry Average (Machinery)2.7%
Analyst forecast in 3 Years (6370)2.0%

Notable Dividend: 6370's dividend (1.57%) isn’t notable compared to the bottom 25% of dividend payers in the JP market (1.79%).

High Dividend: 6370's dividend (1.57%) is low compared to the top 25% of dividend payers in the JP market (3.71%).


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (32.3%), 6370's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonably low cash payout ratio (37.6%), 6370's dividend payments are well covered by cash flows.


Discover strong dividend paying companies