Kuraray Dividends and Buybacks
Dividend criteria checks 4/6
Kuraray is a dividend paying company with a current yield of 2.47% that is well covered by earnings. Next payment date is on 28th March, 2025 with an ex-dividend date of 27th December, 2024.
Key information
2.5%
Dividend yield
1.1%
Buyback Yield
| Total Shareholder Yield | 3.6% |
| Future Dividend Yield | 3.0% |
| Dividend Growth | 3.7% |
| Next dividend pay date | 28 Mar 25 |
| Ex dividend date | 27 Dec 24 |
| Dividend per share | JP¥54.000 |
| Payout ratio | 33% |
Recent dividend and buyback updates
Kuraray (TSE:3405) Is Due To Pay A Dividend Of ¥27.00
Dec 03
Kuraray's (TSE:3405) Dividend Will Be ¥27.00
Nov 18Kuraray's (TSE:3405) Dividend Will Be ¥27.00
Sep 23Kuraray (TSE:3405) Will Pay A Dividend Of ¥27.00
Aug 27Kuraray's (TSE:3405) Dividend Will Be ¥27.00
Aug 12Recent updates
Kuraray (TSE:3405) Is Due To Pay A Dividend Of ¥27.00
Dec 03Kuraray's (TSE:3405) Dividend Will Be ¥27.00
Nov 18Kuraray Co., Ltd. Just Beat EPS By 19%: Here's What Analysts Think Will Happen Next
Nov 16Kuraray's (TSE:3405) Dividend Will Be ¥27.00
Sep 23Investors Still Aren't Entirely Convinced By Kuraray Co., Ltd.'s (TSE:3405) Earnings Despite 32% Price Jump
Sep 04Kuraray (TSE:3405) Will Pay A Dividend Of ¥27.00
Aug 27Kuraray's (TSE:3405) Dividend Will Be ¥27.00
Aug 12Is Kuraray (TSE:3405) A Risky Investment?
Aug 08Kuraray Co., Ltd. (TSE:3405) Might Not Be As Mispriced As It Looks
Jul 17Kuraray (TSE:3405) Hasn't Managed To Accelerate Its Returns
May 28Is Kuraray (TSE:3405) Using Too Much Debt?
May 09Kuraray's (TSE:3405) Soft Earnings Don't Show The Whole Picture
Apr 03Is Kuraray Co., Ltd. (TSE:3405) Trading At A 33% Discount?
Mar 23Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 3405's dividend payments have been volatile in the past 10 years.
Growing Dividend: 3405's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Kuraray Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (3405) | 2.5% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.8% |
| Industry Average (Chemicals) | 2.5% |
| Analyst forecast (3405) (up to 3 years) | 3.0% |
Notable Dividend: 3405's dividend (2.47%) is higher than the bottom 25% of dividend payers in the JP market (1.83%).
High Dividend: 3405's dividend (2.47%) is low compared to the top 25% of dividend payers in the JP market (3.84%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (32.8%), 3405's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (24%), 3405's dividend payments are well covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/19 07:39 |
| End of Day Share Price | 2024/12/19 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* 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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
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
Kuraray Co., Ltd. is covered by 26 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Toshiro Yoshinaga | Aizawa Securities Co. Ltd. |
| Mikiya Yamada | Barclays |
| Kei Rameau | BNP Paribas Securities (Asia) |