Kobe Steel Dividends and Buybacks
Dividend criteria checks 4/6
Kobe Steel is a dividend paying company with a current yield of 5.56% that is well covered by earnings. Next payment date is on 2nd December, 2024 with an ex-dividend date of 27th September, 2024.
Key information
5.6%
Dividend yield
0.1%
Buyback Yield
| Total Shareholder Yield | 5.7% |
| Future Dividend Yield | 5.7% |
| Dividend Growth | 14.5% |
| Next dividend pay date | 02 Dec 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | JP¥90.000 |
| Payout ratio | 41% |
Recent dividend and buyback updates
Kobe Steel's (TSE:5406) Dividend Will Be ¥45.00
Mar 18
Kobe Steel's (TSE:5406) Dividend Will Be ¥45.00
Feb 26Recent updates
There May Be Reason For Hope In Kobe Steel's (TSE:5406) Disappointing Earnings
Nov 14Investors Don't See Light At End Of Kobe Steel, Ltd.'s (TSE:5406) Tunnel
Nov 04Are Investors Undervaluing Kobe Steel, Ltd. (TSE:5406) By 34%?
Sep 19Kobe Steel (TSE:5406) Is Experiencing Growth In Returns On Capital
Aug 29Does Kobe Steel (TSE:5406) Have A Healthy Balance Sheet?
Aug 08Benign Growth For Kobe Steel, Ltd. (TSE:5406) Underpins Its Share Price
Jul 17Kobe Steel (TSE:5406) Shareholders Will Want The ROCE Trajectory To Continue
May 30A Look At The Intrinsic Value Of Kobe Steel, Ltd. (TSE:5406)
May 07These 4 Measures Indicate That Kobe Steel (TSE:5406) Is Using Debt Extensively
Apr 16Kobe Steel's (TSE:5406) Dividend Will Be ¥45.00
Mar 18Kobe Steel's (TSE:5406) Dividend Will Be ¥45.00
Feb 26Stability 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) | 5.6% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.8% |
| Industry Average (Metals and Mining) | 4.5% |
| Analyst forecast (5406) (up to 3 years) | 5.7% |
Notable Dividend: 5406's dividend (5.56%) is higher than the bottom 25% of dividend payers in the JP market (1.83%).
High Dividend: 5406's dividend (5.56%) 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 (41.4%), 5406's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 5406 is paying a dividend but the company has no free cash flows.