Kunimine Industries Dividends and Buybacks
Dividend criteria checks 5/6
Kunimine Industries is a dividend paying company with a current yield of 3.98% that is well covered by earnings. Next payment date is on 26th November, 2024 with an ex-dividend date of 27th September, 2024.
Key information
4.0%
Dividend yield
2.8%
Buyback Yield
| Total Shareholder Yield | 6.7% |
| Future Dividend Yield | n/a |
| Dividend Growth | 5.5% |
| Next dividend pay date | 26 Nov 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | JP¥40.000 |
| Payout ratio | 33% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 5388's dividend payments have been volatile in the past 10 years.
Growing Dividend: 5388's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Kunimine Industries Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (5388) | 4.0% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.8% |
| Industry Average (Basic Materials) | 3.0% |
| Analyst forecast (5388) (up to 3 years) | n/a |
Notable Dividend: 5388's dividend (3.98%) is higher than the bottom 25% of dividend payers in the JP market (1.83%).
High Dividend: 5388's dividend (3.98%) is in the top 25% of dividend payers in the JP market (3.79%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (32.7%), 5388's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (33%), 5388's dividend payments are well covered by cash flows.