Kuraray Dividend
Dividend criteria checks 4/6
Kuraray is a dividend paying company with a current yield of 2.76% 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
2.8%
Dividend yield
34%
Payout ratio
| Industry average yield | 2.4% |
| Next dividend pay date | 28 Mar 25 |
| Ex dividend date | 27 Dec 24 |
| Dividend per share | JP¥54.000 |
| Earnings per share | JP¥156.12 |
| Dividend yield forecast | 3.3% |
Recent dividend updates
Kuraray (TSE:3405) Will Pay A Dividend Of ¥27.00
Aug 27
Kuraray's (TSE:3405) Dividend Will Be ¥27.00
Aug 12Recent updates
Investors 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) | 2.8% |
| Market Bottom 25% (JP) | 1.9% |
| Market Top 25% (JP) | 3.8% |
| Industry Average (Chemicals) | 2.4% |
| Analyst forecast (3405) (up to 3 years) | 3.3% |
Notable Dividend: 3405's dividend (2.76%) is higher than the bottom 25% of dividend payers in the JP market (1.85%).
High Dividend: 3405's dividend (2.76%) 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 (34.1%), 3405's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (24.2%), 3405's dividend payments are well covered by cash flows.