Kuraray Dividend yield

Kuraray is part of Chemicals business, which is part of Basic Materials industry. Kuraray is a company from Japan, and his stocks are publicly traded.

Kuraray stock dividend

Kuraray paid a total dividend of 16,087 million JPY last year, for a market value of 554,760 millions (Market Cap 553,917 millions). Kuraray dividend per share is 48.02 JPY, and his stock market price 1,656.00 JPY.

According to the chart below, where dividend yield is displayed, Kuraray has a dividend yield of 2.90%, 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 Kuraray stocks dividend with other Chemicals companies or other of the highest Japan dividend stocks list.

Kuraray Dividend Payout

About the ability of Kuraray to maintain his current dividend of JPY 48.02 per share, an amount that accounts for 2.90%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Kuraray payout on ernings is currently 29.58%, 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 Kuraraycan 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 Kuraray is JPY 154.77 per share, which is higher than the dividend per share paid by the company of JPY 48.02, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Kuraray, compared againt world market average, Japan companies, Basic Materials industry and Chemicals sector companies.

Kuraray Dividend History

Below you will find a table with the historical evolution of Kuraray'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	2.90%	48.02	29.58%	335
2022	3.97%	42.00	37.71%	335
2021	4.00%	39.96	0.00%	344
2020	3.65%	40.04	0.00%	344
2019	3.16%	42.06	42.98%	344
2018	2.71%	42.01	27.37%	351
2017	1.98%	42.09	36.63%	352
2016	2.60%	42.07	41.34%	351
2015	1.72%	26.95	30.27%	351

*In millions

Then you can see the evolution of Kuraray dividend stock, and compare it with the average of Japan stocks and that of the Chemicals stocks.

Kuraray Stock performance

Finally, last moth Kuraray showed a return of 15.80% compared to a worldwide -2.49% average, and a -3.66% of Basic Materials firms. Over the last year, the company obtained a 56.00% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Japan and Chemicals firms.