Kinden Dividend yield

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

Kinden stock dividend

Kinden paid a total dividend of 8,208 million JPY last year, for a market value of 410,410 millions (Market Cap 245,857 millions). Kinden dividend per share is 40.04 JPY, and his stock market price 2,002.00 JPY.

According to the chart below, where dividend yield is displayed, Kinden has a dividend yield of 2.00%, 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 Kinden stocks dividend with other Construction and Materials companies or other of the highest Japan dividend stocks list.

Kinden Dividend Payout

About the ability of Kinden to maintain his current dividend of JPY 40.04 per share, an amount that accounts for 2.00%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Kinden payout on ernings is currently 28.60%, 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 Kindencan 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 Kinden is JPY 147.21 per share, which is higher than the dividend per share paid by the company of JPY 40.04, so the company generates enough cash to maintain his dividend in the future.

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

Kinden Dividend History

Below you will find a table with the historical evolution of Kinden'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	2.00%	40.04	28.60%	205
2022	2.64%	37.96	29.57%	205
2021	2.11%	36.46	23.00%	205
2020	1.97%	33.08	21.08%	207
2019	1.71%	29.07	21.89%	217
2018	1.63%	28.95	21.35%	217
2017	1.47%	27.02	22.20%	217
2016	1.80%	25.97	23.76%	217
2015	1.37%	22.93	24.24%	217

*In millions

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

Kinden Stock performance

Finally, last moth Kinden showed a return of 2.10% compared to a worldwide -2.49% average, and a -2.39% of Industrials firms. Over the last year, the company obtained a 36.00% 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.