08-31-2023
JPY/share | |
Price | 2,046.00 |
Dividend | 71.00 |
Earnings | 158.60 |
Cash-flow | 135.50 |
Book value | 1,203.53 |
Equity | 1,157.66 |
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 stock dividend
Kirin Holdings paid a total dividend of 57,510 million JPY last year, for a market value of 1,657,260 millions (Market Cap 1,517,894 millions). Kirin Holdings dividend per share is 71.00 JPY, and his stock market price 2,046.00 JPY.
According to the chart below, where dividend yield is displayed, Kirin Holdings has a dividend yield of 3.47%, 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 stocks dividend with other Beverages companies or other of the highest Japan dividend stocks list.
Kirin Holdings Dividend Payout
About the ability of Kirin Holdings to maintain his current dividend of JPY 71.00 per share, an amount that accounts for 3.47%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Kirin Holdings payout on ernings is currently 44.77%, 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 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 135.50 per share, which is higher than the dividend per share paid by the company of JPY 71.00, 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 Dividend History
Below you will find a table with the historical evolution of Kirin Holdings'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 | 3.47% | 71.00 | 44.77% | 810 |
2022 | 3.23% | 64.96 | 70.42% | 816 |
2021 | 3.52% | 65.01 | 62.65% | 834 |
2020 | 2.67% | 64.99 | 71.56% | 834 |
2019 | 2.64% | 63.10 | 30.36% | 878 |
2018 | 2.09% | 48.05 | 16.30% | 878 |
2017 | 1.44% | 40.91 | 31.53% | 913 |
2016 | 2.04% | 38.03 | -73.25% | 913 |
2015 | 2.19% | 37.93 | 42.27% | 913 |
*In millions
Then you can see the evolution of Kirin Holdings dividend stock, and compare it with the average of Japan stocks and that of the Beverages stocks.
Kirin Holdings Stock performance
Finally, last moth Kirin Holdings showed a return of -2.70% compared to a worldwide -2.49% average, and a -1.86% of Consumer Goods firms. Over the last year, the company obtained a -10.80% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Japan and Beverages firms.