Kobe Steel Dividend yield

Kobe Steel is part of Industrial Metals and Mining business, which is part of Basic Materials industry. Kobe Steel is a company from Japan, and his stocks are publicly traded.

Kobe Steel stock dividend

Kobe Steel paid a total dividend of 15,832 million JPY last year, for a market value of 722,850 millions (Market Cap 602,004 millions). Kobe Steel dividend per share is 40.08 JPY, and his stock market price 1,830.00 JPY.

According to the chart below, where dividend yield is displayed, Kobe Steel has a dividend yield of 2.19%, lower than the amount offered by both the market average and companies from Japan. It is also lower than average of Basic Materials industry. This low dividend yield might has several explanations: company overpriced, expanding their business,...

In addition, you should compare Kobe Steel stocks dividend with other Industrial Metals and Mining companies or other of the highest Japan dividend stocks list.

Kobe Steel Dividend Payout

About the ability of Kobe Steel to maintain his current dividend of JPY 40.08 per share, an amount that accounts for 2.19%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Kobe Steel payout on ernings is currently 21.90%, which is lower than the market average and companies of Basic Materials industry, which are 39.34% and 38.07% respectively. Both figures lead us to believe that there is confidence that Kobe Steelcan 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 Kobe Steel is JPY 305.00 per share, which is higher than the dividend per share paid by the company of JPY 40.08, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Kobe Steel, compared againt world market average, Japan companies, Basic Materials industry and Industrial Metals and Mining sector companies.

Kobe Steel Dividend History

Below you will find a table with the historical evolution of Kobe Steel'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	2.19%	40.08	21.90%	395
2022	7.01%	45.00	29.44%	395
2021	3.47%	20.02	34.00%	393
2020	0.00%	0.00	0.00%	363
2019	1.70%	10.01	10.03%	362
2018	5.24%	40.03	23.05%	362
2017	0.00%	0.00	0.00%	362
2016	0.00%	0.00	0.00%	363
2015	2.78%	4.00	16.67%	3,625

*In millions

Then you can see the evolution of Kobe Steel dividend stock, and compare it with the average of Japan stocks and that of the Industrial Metals and Mining stocks.

Kobe Steel Stock performance

Finally, last moth Kobe Steel showed a return of 17.90% compared to a worldwide -2.49% average, and a -3.66% of Basic Materials firms. Over the last year, the company obtained a 187.70% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Japan and Industrial Metals and Mining firms.