Kandenko Dividend yield

Kandenko is part of Construction and Materials business, which is part of Industrials industry. Kandenko is a company from Japan, and his stocks are publicly traded.

Kandenko stock dividend

Kandenko paid a total dividend of 6,536 million JPY last year, for a market value of 272,340 millions (Market Cap 138,504 millions). Kandenko dividend per share is 32.04 JPY, and his stock market price 1,335.00 JPY.

According to the chart below, where dividend yield is displayed, Kandenko has a dividend yield of 2.40%, lower than the amount offered by both the market average and companies from Japan. It is also lower than average of Industrials industry. This low dividend yield might has several explanations: company overpriced, expanding their business,...

In addition, you should compare Kandenko stocks dividend with other Construction and Materials companies or other of the highest Japan dividend stocks list.

Kandenko Dividend Payout

About the ability of Kandenko to maintain his current dividend of JPY 32.04 per share, an amount that accounts for 2.40%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Kandenko payout on ernings is currently 30.96%, which is lower than the market average and companies of Industrials industry, which are 39.34% and 37.26% respectively. Both figures lead us to believe that there is confidence that Kandenkocan maintain his current dividend.

The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of Kandenko is JPY 36.48 per share, which is higher than the dividend per share paid by the company of JPY 32.04, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Kandenko, compared againt world market average, Japan companies, Industrials industry and Construction and Materials sector companies.

Kandenko Dividend History

Below you will find a table with the historical evolution of Kandenko's dividend stock, both in percentage and in JPY, its Payout on Earnings and the number of shares (in case there is an split, number shares altered the dividend per share).

Year	Yield	JPY	Paypout	Shares*
Present	2.40%	32.04	30.96%	204
2022	3.37%	29.02	29.32%	204
2021	3.27%	28.02	28.44%	204
2020	3.09%	26.98	24.41%	204
2019	2.48%	26.02	27.04%	204
2018	2.34%	24.97	26.68%	204
2017	1.69%	20.04	23.32%	204
2016	1.31%	13.95	30.39%	205
2015	1.42%	11.98	53.22%	205

*In millions

Then you can see the evolution of Kandenko dividend stock, and compare it with the average of Japan stocks and that of the Construction and Materials stocks.

Kandenko Stock performance

Finally, last moth Kandenko showed a return of 7.10% compared to a worldwide -2.49% average, and a -2.39% of Industrials firms. Over the last year, the company obtained a 59.10% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Japan and Construction and Materials firms.