Kurita Water Inds Dividend yield

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 stock dividend

Kurita Water Inds paid a total dividend of 8,720 million JPY last year, for a market value of 636,496 millions (Market Cap 622,259 millions). Kurita Water Inds dividend per share is 77.86 JPY, and his stock market price 5,683.00 JPY.

According to the chart below, where dividend yield is displayed, Kurita Water Inds has a dividend yield of 1.37%, 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 stocks dividend with other Industrial Engineering companies or other of the highest Japan dividend stocks list.

Kurita Water Inds Dividend Payout

About the ability of Kurita Water Inds to maintain his current dividend of JPY 77.86 per share, an amount that accounts for 1.37%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Kurita Water Inds payout on ernings is currently 36.58%, which is lower than the market average and companies of Industrials industry, which are 39.34% and 37.26% 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 433.82 per share, which is higher than the dividend per share paid by the company of JPY 77.86, 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 Dividend History

Below you will find a table with the historical evolution of Kurita Water Inds'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	1.37%	77.86	36.58%	112
2022	1.37%	74.80	38.63%	112
2021	1.28%	69.89	35.84%	112
2020	1.60%	63.12	33.44%	112
2019	1.78%	57.94	37.56%	112
2018	1.99%	53.01	33.23%	112
2017	1.39%	50.87	39.47%	113
2016	2.06%	48.99	41.82%	116
2015	1.77%	47.03	52.40%	116

*In millions

Then you can see the evolution of Kurita Water Inds dividend stock, and compare it with the average of Japan stocks and that of the Industrial Engineering stocks.

Kurita Water Inds Stock performance

Finally, last moth Kurita Water Inds showed a return of -0.50% compared to a worldwide -2.49% average, and a -2.39% of Industrials firms. Over the last year, the company obtained a 4.10% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Japan and Industrial Engineering firms.