Kurotani Dividends and Buybacks
Dividend criteria checks 3/6
Kurotani is a dividend paying company with a current yield of 3.61% that is well covered by earnings. Next payment date is on 22nd November, 2024 with an ex-dividend date of 29th August, 2024.
Key information
3.6%
Dividend yield
0%
Buyback Yield
| Total Shareholder Yield | 3.6% |
| Future Dividend Yield | n/a |
| Dividend Growth | 5.9% |
| Next dividend pay date | 22 Nov 24 |
| Ex dividend date | 29 Aug 24 |
| Dividend per share | JP¥20.000 |
| Payout ratio | 53% |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 3168 has been paying a dividend for less than 10 years.
Growing Dividend: 3168's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
| Kurotani Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (3168) | 3.6% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.8% |
| Industry Average (Metals and Mining) | 4.4% |
| Analyst forecast (3168) (up to 3 years) | n/a |
Notable Dividend: 3168's dividend (3.61%) is higher than the bottom 25% of dividend payers in the JP market (1.82%).
High Dividend: 3168's dividend (3.61%) is low compared to the top 25% of dividend payers in the JP market (3.78%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (53.1%), 3168's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (52.4%), 3168's dividend payments are covered by cash flows.