Kurita Water Inds Dividend yield




   JPY/share 
 Price  5,400.00
 Dividend  70.20
 Earnings  194.95
 Cash-flow  355.26
 Book value  2,250.00
 Equity  2,215.34

Kurita Water Inds is part of Industrial Engineering business, which is part of Industrials industry. Kurita Water Inds is a company from Japan, and his stocks are publicly traded.

Kurita Water Inds paid a total dividend of 7,862 million JPY last year, for a market value of 604,800 millions (Market Cap 590,958 millions). Dividend per share of Kurita Water Inds is 70.20 JPY, and his stock market price 5,400.00 JPY.

According to the chart below, where dividend yield is displayed, Kurita Water Inds has a dividend yield of 1.30%, lower than the amount offered by both the market average and companies from Japan. It is also lower than average of Industrials industry. This low dividend yield might has several explanations: company overpriced, expanding their business,...

In addition, you should compare Kurita Water Inds dividend yield with other Industrial Engineering companies or firms from Japan.

Dividend yield of Kurita Water Inds

Kurita Water Inds Dividend Payout

About the ability of Kurita Water Inds to maintain his current dividend of JPY 70.20 per share, an amount that accounts for 1.30%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Kurita Water Inds payout on ernings is currently 36.01%, which is lower than the market average and companies of Industrials industry, which are 39.27% and 37.39% respectively. Both figures lead us to believe that there is confidence that Kurita Water Indscan 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 Kurita Water Inds is JPY 355.26 per share, which is higher than the dividend per share paid by the company of JPY 70.20, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Kurita Water Inds, compared againt world market average, Japan companies, Industrials industry and Industrial Engineering sector companies.

Kurita Water Inds payout

Kurita Water Inds Dividend History

Year Yield  JPY  Paypout  Shares* 
Present1.30%70.2036.01%112
20201.60%63.1233.44%112
20191.78%57.9437.56%112
20181.99%53.0133.23%112
20171.39%50.8739.47%113
20162.06%48.9941.82%116
20151.77%47.0352.40%116

*In millions

Kurita Water Inds Stock performance

Finally, last moth Kurita Water Inds showed a return of 4.70% compared to a worldwide -1.33% average, and a -2.02% of Industrials firms. Over the last year, the company obtained a 56.10% versus a worldwide performance of a 31.58%. More detailed information can be seen in the following graph for Japan and Industrial Engineering firms.

Kurita Water Inds stock and market return