Kokuyo Dividend yield




   JPY/share 
 Price  1,895.00
 Dividend  40.93
 Earnings  70.45
 Cash-flow  163.36
 Book value  1,895.00
 Equity  1,904.05

Kokuyo is part of Household Goods and Home Constr. business, which is part of Consumer Goods industry. Kokuyo is a company from Japan, and his stocks are publicly traded.

Kokuyo paid a total dividend of 4,830 million JPY last year, for a market value of 223,610 millions (Market Cap 158,699 millions). Dividend per share of Kokuyo is 40.93 JPY, and his stock market price 1,895.00 JPY.

According to the chart below, where dividend yield is displayed, Kokuyo has a dividend yield of 2.16%, lower than the amount offered by both the market average and companies from Japan. It is also lower than average of Consumer Goods industry. This low dividend yield might has several explanations: company overpriced, expanding their business,...

In addition, you should compare Kokuyo dividend yield with other Household Goods and Home Constr. companies or firms from Japan.

Dividend yield of Kokuyo

Kokuyo Dividend Payout

About the ability of Kokuyo to maintain his current dividend of JPY 40.93 per share, an amount that accounts for 2.16%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Kokuyo payout on ernings is currently 58.10%, which is higher than the market average, and companies of Consumer Goods industry, which are 39.27% and 46.27% respectively. Both figures show that Kokuyo 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 Kokuyo is JPY 163.36 per share, which is higher than the dividend per share paid by the company of JPY 40.93, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Kokuyo, compared againt world market average, Japan companies, Consumer Goods industry and Household Goods and Home Constr. sector companies.

Kokuyo payout

Kokuyo Dividend History

Year Yield  JPY  Paypout  Shares* 
Present2.16%40.9358.10%118
20202.79%38.9830.14%118
20192.26%36.9330.74%118
20181.99%31.9425.27%118

*In millions

Kokuyo Stock performance

Finally, last moth Kokuyo showed a return of -1.60% compared to a worldwide -1.33% average, and a -1.56% of Consumer Goods firms. Over the last year, the company obtained a 43.60% versus a worldwide performance of a 31.58%. More detailed information can be seen in the following graph for Japan and Household Goods and Home Constr. firms.

Kokuyo stock and market return