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 yield2.3%
Next dividend pay date05 Dec 24
Ex dividend date27 Sep 24
Dividend per shareJP¥120.000
Earnings per shareJP¥413.48
Dividend yield forecast4.0%

Recent dividend updates

Recent updates

These 4 Measures Indicate That Kaneka (TSE:4118) Is Using Debt Extensively

Aug 03
These 4 Measures Indicate That Kaneka (TSE:4118) Is Using Debt Extensively

Kaneka Corporation (TSE:4118) Might Not Be As Mispriced As It Looks

Jul 12
Kaneka Corporation (TSE:4118) Might Not Be As Mispriced As It Looks

Kaneka's (TSE:4118) Profits May Not Reveal Underlying Issues

May 22
Kaneka's (TSE:4118) Profits May Not Reveal Underlying Issues

Investors Aren't Entirely Convinced By Kaneka Corporation's (TSE:4118) Earnings

Mar 21
Investors Aren't Entirely Convinced By Kaneka Corporation's (TSE:4118) Earnings

Stability 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
How does 4118 dividend yield compare to the market?
SegmentDividend 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.


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