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Kuraray Co (Kuraray Co) Dividend Payout Ratio : 0.95 (As of Dec. 2023)


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What is Kuraray Co Dividend Payout Ratio?

Kuraray Co's dividend payout ratio for the months ended in Dec. 2023 was 0.95.

The historical rank and industry rank for Kuraray Co's Dividend Payout Ratio or its related term are showing as below:

KURRY' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.25   Med: 0.35   Max: 0.56
Current: 0.34


During the past 13 years, the highest Dividend Payout Ratio of Kuraray Co was 0.56. The lowest was 0.25. And the median was 0.35.

KURRY's Dividend Payout Ratio is ranked better than
56.05% of 917 companies
in the Chemicals industry
Industry Median: 0.38 vs KURRY: 0.34

As of today (2024-04-26), the Dividend Yield % of Kuraray Co is 3.08%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Kuraray Co was 4.47%. The lowest was 1.08%. And the median was 3.01%.

Kuraray Co's Dividends per Share for the months ended in Dec. 2023 was $0.49.

During the past 12 months, Kuraray Co's average Dividends Per Share Growth Rate was 13.60% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 7.70% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 2.90% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 2.20% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Kuraray Co was 31.00% per year. The lowest was -4.70% per year. And the median was 5.95% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Kuraray Co Dividend Payout Ratio Historical Data

The historical data trend for Kuraray Co's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Kuraray Co Dividend Payout Ratio Chart

Kuraray Co Annual Data
Trend Mar14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.50 0.55 0.30 0.25 0.34

Kuraray Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.88 - 0.61 - 0.95

Competitive Comparison of Kuraray Co's Dividend Payout Ratio

For the Chemicals subindustry, Kuraray Co's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Kuraray Co's Dividend Payout Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Kuraray Co's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Kuraray Co's Dividend Payout Ratio falls into.



Kuraray Co Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Kuraray Co's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Dec. 2023 )/ EPS without NRI (A: Dec. 2023 )
=1.005/ 2.973
=0.34

Kuraray Co's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.486/ 0.511
=0.95

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Kuraray Co (OTCPK:KURRY) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.


Kuraray Co Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Kuraray Co's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Kuraray Co (Kuraray Co) Business Description

Traded in Other Exchanges
Address
Ote Center Building,1-1-3, Otemachi, Chiyoda-ku, Tokyo, JPN, 100-8115
Kuraray Co Ltd manufactures and sells specialty chemicals, fiber, and resin. The firm organizes itself into six segments based on product type. The Vinyl Acetate segment, which generates the most revenue of any segment, sells plastic films and resins for use in the food packaging and electronics industries. The Isoprene segment sells isoprene chemicals, thermoplastic elastomers, and liquid rubber. The Functional Materials segment sells dental materials, while the Fibers and Textiles segment sells fibers for cement and concrete, industrial products for automobiles, and hook and loop fasteners for clothing. The other two segments are Trading, and Other. The majority of revenue comes from Asia.

Kuraray Co (Kuraray Co) Headlines

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