Kuraray Dividend yield




   JPY/share 
 Price  1,078.00
 Dividend  39.02
 Earnings  0.00
 Cash-flow  234.35
 Book value  1,540.00
 Equity  0.00

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 paid a total dividend of 13,423 million JPY last year, for a market value of 370,832 millions (Market Cap 370,706 millions). Dividend per share of Kuraray is 39.02 JPY, and his stock market price 1,078.00 JPY.

According to the chart below, where dividend yield is displayed, Kuraray has a dividend yield of 3.62%, which is higher than the amount offered by both the market average and companies from Japan. It is also bigger than average of Basic Materials 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 Kuraray dividend yield with other Chemicals companies or firms from Japan.

Dividend yield of Kuraray

Kuraray Dividend Payout

About the ability of Kuraray to maintain his current dividend of JPY 39.02 per share, an amount that accounts for 3.62%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Kuraray payout on ernings is currently 0.00%, which is lower than the market average and companies in his industry and sector.

higher than the dividend per share paid by the company of JPY 39.02, 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 payout

Kuraray Dividend History

Year Yield  JPY  Paypout  Shares* 
Present3.62%39.020.00%344
20203.65%40.040.00%344
20193.16%42.0642.98%344
20182.71%42.0127.37%351
20171.98%42.0936.63%352
20162.60%42.0741.34%351
20151.72%26.9530.27%351

*In millions

Kuraray Stock performance

Finally, last moth Kuraray showed a return of 4.20% compared to a worldwide -1.33% average, and a -2.32% of Basic Materials firms. Over the last year, the company obtained a 5.90% versus a worldwide performance of a 31.58%. More detailed information can be seen in the following graph for Japan and Chemicals firms.

Kuraray stock and market return