Kumiai Chemical Industry Co., Ltd.

TSE:4996 Stock Report

Market Cap: JP¥98.7b

Kumiai Chemical Industry Dividend

Dividend criteria checks 3/6

Kumiai Chemical Industry is a dividend paying company with a current yield of 3.66% that is well covered by earnings. Next payment date is on 29th January, 2025 with an ex-dividend date of 30th October, 2024.

Key information

3.7%

Dividend yield

27%

Payout ratio

Industry average yield2.4%
Next dividend pay date29 Jan 25
Ex dividend date30 Oct 24
Dividend per shareJP¥30.000
Earnings per shareJP¥136.00
Future Dividend Yield4.1%

Recent dividend updates

Recent updates

Kumiai Chemical Industry's (TSE:4996) Problems Go Beyond Weak Profit

Jun 20
Kumiai Chemical Industry's (TSE:4996) Problems Go Beyond Weak Profit

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: 4996's dividend payments have been volatile in the past 10 years.

Growing Dividend: 4996's dividend payments have increased over the past 10 years.


Dividend Yield vs Market

Kumiai Chemical Industry Dividend Yield vs Market
How does 4996 dividend yield compare to the market?
SegmentDividend Yield
Company (4996)3.7%
Market Bottom 25% (JP)1.8%
Market Top 25% (JP)3.8%
Industry Average (Chemicals)2.4%
Analyst forecast (4996) (up to 3 years)4.1%

Notable Dividend: 4996's dividend (3.66%) is higher than the bottom 25% of dividend payers in the JP market (1.83%).

High Dividend: 4996's dividend (3.66%) is low compared to the top 25% of dividend payers in the JP market (3.82%).


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (27.2%), 4996's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: 4996 is paying a dividend but the company has no free cash flows.


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