Kao Dividend yield

Kao is part of Personal Goods business, which is part of Consumer Goods industry. Kao is a company from Japan, and his stocks are publicly traded.

Kao stock dividend

Kao paid a total dividend of 69,225 million JPY last year, for a market value of 2,622,135 millions (Market Cap 2,557,504 millions). Kao dividend per share is 148.87 JPY, and his stock market price 5,639.00 JPY.

According to the chart below, where dividend yield is displayed, Kao has a dividend yield of 2.64%, lower than the amount offered by both the market average and companies from Japan. It is also lower than average of Consumer Goods industry. This low dividend yield might has several explanations: company overpriced, expanding their business,...

In addition, you should compare Kao stocks dividend with other Personal Goods companies or other of the highest Japan dividend stocks list.

Kao Dividend Payout

About the ability of Kao to maintain his current dividend of JPY 148.87 per share, an amount that accounts for 2.64%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Kao payout on ernings is currently 72.07%, which is higher than the market average, and companies of Consumer Goods industry, which are 39.34% and 40.18% respectively. Both figures show that Kao can have problems to keep with his present dividend yield.

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 Kao is JPY 281.95 per share, which is higher than the dividend per share paid by the company of JPY 148.87, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Kao, compared againt world market average, Japan companies, Consumer Goods industry and Personal Goods sector companies.

Kao Dividend History

Below you will find a table with the historical evolution of Kao'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	2.64%	148.87	72.07%	465
2022	2.82%	148.19	58.94%	467
2021	2.39%	143.85	50.43%	474
2020	1.76%	140.27	43.12%	481
2019	1.44%	129.96	38.74%	481
2018	1.47%	119.86	38.37%	487
2017	1.42%	108.19	40.19%	493
2016	1.67%	87.96	44.59%	501
2015	1.17%	73.84	46.57%	501

*In millions

Then you can see the evolution of Kao dividend stock, and compare it with the average of Japan stocks and that of the Personal Goods stocks.

Kao Stock performance

Finally, last moth Kao showed a return of 4.40% compared to a worldwide -2.49% average, and a -1.86% of Consumer Goods firms. Over the last year, the company obtained a -6.90% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Japan and Personal Goods firms.