Nippon Kayaku Dividend yield

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

Nippon Kayaku stock dividend

Nippon Kayaku paid a total dividend of 7,480 million JPY last year, for a market value of 216,796 millions (Market Cap 208,753 millions). Nippon Kayaku dividend per share is 45.06 JPY, and his stock market price 1,306.00 JPY.

According to the chart below, where dividend yield is displayed, Nippon Kayaku has a dividend yield of 3.45%, which is similar to the amount offered by both the market average and companies from Japan. However, it is lower than the average of Basic Materials industry. The company should be deeply analized because dividend yields should be similar among companies from the same industry unless they carry an opposite strategy.

In addition, you should compare Nippon Kayaku stocks dividend with other Chemicals companies or other of the highest Japan dividend stocks list.

Nippon Kayaku Dividend Payout

About the ability of Nippon Kayaku to maintain his current dividend of JPY 45.06 per share, an amount that accounts for 3.45%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Nippon Kayaku payout on ernings is currently 49.69%, which is higher than the market average, and companies of Basic Materials industry, which are 39.34% and 38.07% respectively. Both figures show that Nippon Kayaku 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 Nippon Kayaku is JPY 120.93 per share, which is higher than the dividend per share paid by the company of JPY 45.06, so the company generates enough cash to maintain his dividend in the future.

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

Nippon Kayaku Dividend History

Below you will find a table with the historical evolution of Nippon Kayaku'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	3.45%	45.06	49.69%	166
2022	3.95%	45.03	44.24%	168
2021	2.53%	29.96	39.98%	168
2020	3.14%	30.02	39.88%	171
2019	2.21%	29.95	34.92%	173
2018	2.14%	29.98	33.59%	173
2017	1.64%	27.42	30.34%	173
2016	1.88%	24.97	25.20%	175
2015	1.88%	24.99	29.33%	183

*In millions

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

Nippon Kayaku Stock performance

Finally, last moth Nippon Kayaku showed a return of -0.40% compared to a worldwide -2.49% average, and a -3.66% of Basic Materials firms. Over the last year, the company obtained a 7.40% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Japan and Chemicals firms.