Kaneka Dividend
Dividend criteria checks 3/6
Kaneka is a dividend paying company with a current yield of 3.14% that is well covered by earnings. Next payment date is on 5th December, 2024 with an ex-dividend date of 27th September, 2024.
Key information
3.1%
Dividend yield
27%
Payout ratio
| Industry average yield | 2.3% |
| Next dividend pay date | 05 Dec 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | JP¥120.000 |
| Earnings per share | JP¥413.48 |
| Dividend yield forecast | 4.0% |
Recent dividend updates
Recent updates
These 4 Measures Indicate That Kaneka (TSE:4118) Is Using Debt Extensively
Aug 03
Kaneka Corporation (TSE:4118) Might Not Be As Mispriced As It Looks
Jul 12Kaneka's (TSE:4118) Profits May Not Reveal Underlying Issues
May 22Investors Aren't Entirely Convinced By Kaneka Corporation's (TSE:4118) Earnings
Mar 21Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 4118's dividend payments have been volatile in the past 10 years.
Growing Dividend: 4118's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Kaneka Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (4118) | 3.1% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.8% |
| Industry Average (Chemicals) | 2.3% |
| Analyst forecast (4118) (up to 3 years) | 4.0% |
Notable Dividend: 4118's dividend (3.14%) is higher than the bottom 25% of dividend payers in the JP market (1.83%).
High Dividend: 4118's dividend (3.14%) is low compared to the top 25% of dividend payers in the JP market (3.77%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (27.3%), 4118's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 4118 is paying a dividend but the company has no free cash flows.