Kirin Holdings Dividend yield




   JPY/share 
 Price  2,121.00
 Dividend  65.11
 Earnings  103.97
 Cash-flow  198.22
 Book value  1,010.00
 Equity  1,267.93

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

Kirin Holdings paid a total dividend of 54,302 million JPY last year, for a market value of 1,768,914 millions (Market Cap 1,619,389 millions). Dividend per share of Kirin Holdings is 65.11 JPY, and his stock market price 2,121.00 JPY.

According to the chart below, where dividend yield is displayed, Kirin Holdings has a dividend yield of 3.07%, which is higher than the amount offered by both the market average and companies from Japan. It is also bigger than average of Consumer Goods industry. This high dividend yield might be a sign to worry about the future of the company so deeper analysis is needed.

In addition, you should compare Kirin Holdings dividend yield with other Beverages companies or firms from Japan.

Dividend yield of Kirin Holdings

Kirin Holdings Dividend Payout

About the ability of Kirin Holdings to maintain his current dividend of JPY 65.11 per share, an amount that accounts for 3.07%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Kirin Holdings payout on ernings is currently 62.62%, which is higher than the market average, and companies of Consumer Goods industry, which are 38.17% and 45.16% respectively. Both figures show that Kirin Holdings 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 Kirin Holdings is JPY 198.22 per share, which is higher than the dividend per share paid by the company of JPY 65.11, so the company generates enough cash to maintain his dividend in the future.

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

Kirin Holdings payout

Kirin Holdings Dividend History

Year Yield  JPY  Paypout  Shares* 
Present3.07%65.1162.62%834
20202.67%64.9971.56%834
20192.64%63.1030.36%878
20182.09%48.0516.30%878
20171.44%40.9131.53%913
20162.04%38.03-73.25%913
20152.19%37.9342.27%913

*In millions

Kirin Holdings Stock performance

Finally, last moth Kirin Holdings showed a return of 1.50% compared to a worldwide 4.24% average, and a 4.48% of Consumer Goods firms. Over the last year, the company obtained a -0.80% versus a worldwide performance of a 53.49%. More detailed information can be seen in the following graph for Japan and Beverages firms.

Kirin Holdings stock and market return