Kurotani Dividend
Dividend criteria checks 3/6
Kurotani is a dividend paying company with a current yield of 2.92% that is well covered by earnings. Next payment date is on 25th November, 2024 with an ex-dividend date of 29th August, 2024.
Key information
2.9%
Dividend yield
65%
Payout ratio
Industry average yield | 3.5% |
Next dividend pay date | 25 Nov 24 |
Ex dividend date | 29 Aug 24 |
Dividend per share | n/a |
Earnings per share | JP¥15.31 |
Dividend yield forecast in 3Y | n/a |
Upcoming Dividend Payment
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 8 years.
Dividend Yield vs Market
Kurotani Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (3168) | 2.9% |
Market Bottom 25% (JP) | 1.6% |
Market Top 25% (JP) | 3.2% |
Industry Average (Metals and Mining) | 3.5% |
Analyst forecast in 3 Years (3168) | n/a |
Notable Dividend: 3168's dividend (2.92%) is higher than the bottom 25% of dividend payers in the JP market (1.59%).
High Dividend: 3168's dividend (2.92%) is low compared to the top 25% of dividend payers in the JP market (3.2%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (65.3%), 3168's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (13.3%), 3168's dividend payments are thoroughly covered by cash flows.