Kobe Steel Dividend
Dividend criteria checks 5/6
Kobe Steel is a dividend paying company with a current yield of 4.71% that is well covered by earnings.
Key information
4.7%
Dividend yield
21%
Payout ratio
Industry average yield | 3.7% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | JP¥277.38 |
Dividend yield forecast in 3Y | 3.7% |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 5406's dividend payments have been volatile in the past 10 years.
Growing Dividend: 5406's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Kobe Steel Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (5406) | 4.7% |
Market Bottom 25% (JP) | 1.6% |
Market Top 25% (JP) | 3.3% |
Industry Average (Metals and Mining) | 3.7% |
Analyst forecast in 3 Years (5406) | 3.7% |
Notable Dividend: 5406's dividend (4.71%) is higher than the bottom 25% of dividend payers in the JP market (1.62%).
High Dividend: 5406's dividend (4.71%) is in the top 25% of dividend payers in the JP market (3.29%)
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (20.5%), 5406's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (32.2%), 5406's dividend payments are well covered by cash flows.