Kobe Steel Dividend yield

 Price  1,053.00
 Dividend  40.01
 Earnings  152.61
 Cash-flow  421.20
 Book value  2,106.00
 Equity  1,931.77

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 15,804 million JPY last year, for a market value of 415,935 millions (Market Cap 346,092 millions). Kobe Steel dividend per share is 40.01 JPY, and his stock market price 1,053.00 JPY.

According to the chart below, where dividend yield is displayed, Kobe Steel has a dividend yield of 3.80%, which is similar to the amount offered by both the market average and companies from Japan. However, it is lower than the average of Basic Materials industry. The company should be deeply analized because dividend yields should be similar among companies from the same industry unless they carry an opposite strategy.

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.

Dividend yield of Kobe Steel

Kobe Steel Dividend Payout

About the ability of Kobe Steel to maintain his current dividend of JPY 40.01 per share, an amount that accounts for 3.80%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Kobe Steel payout on ernings is currently 26.22%, which is lower than the market average and companies of Basic Materials industry, which are 38.61% and 32.73% 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 421.20 per share, which is higher than the dividend per share paid by the company of JPY 40.01, 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 payout

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* 

*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 dividend history

Kobe Steel Stock performance

Finally, last moth Kobe Steel showed a return of 14.20% compared to a worldwide -0.50% average, and a -0.43% of Basic Materials firms. Over the last year, the company obtained a 78.20% versus a worldwide performance of a -2.10%. More detailed information can be seen in the following graph for Japan and Industrial Metals and Mining firms.

Kobe Steel stock and market return