Kansai Paint Dividend yield

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

Kansai Paint stock dividend

Kansai Paint paid a total dividend of 6,953 million JPY last year, for a market value of 551,859 millions (Market Cap 450,421 millions). Kansai Paint dividend per share is 30.10 JPY, and his stock market price 2,389.00 JPY.

According to the chart below, where dividend yield is displayed, Kansai Paint has a dividend yield of 1.26%, lower than the amount offered by both the market average and companies from Japan. It is also lower than average of Basic Materials industry. This low dividend yield might has several explanations: company overpriced, expanding their business,...

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

Kansai Paint Dividend Payout

About the ability of Kansai Paint to maintain his current dividend of JPY 30.10 per share, an amount that accounts for 1.26%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Kansai Paint payout on ernings is currently 27.59%, which is lower than the market average and companies of Basic Materials industry, which are 39.34% and 38.07% respectively. Both figures lead us to believe that there is confidence that Kansai Paintcan 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 Kansai Paint is JPY 217.18 per share, which is higher than the dividend per share paid by the company of JPY 30.10, so the company generates enough cash to maintain his dividend in the future.

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

Kansai Paint Dividend History

Below you will find a table with the historical evolution of Kansai Paint'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	1.26%	30.10	27.59%	231
2022	1.85%	29.95	26.45%	235
2021	1.20%	30.00	38.52%	257
2020	0.94%	29.85	41.56%	257
2019	1.08%	28.91	42.77%	257
2018	1.30%	27.48	39.91%	257
2017	0.84%	24.60	26.21%	257
2016	0.98%	20.53	17.74%	257
2015	0.88%	17.09	20.59%	266

*In millions

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

Kansai Paint Stock performance

Finally, last moth Kansai Paint showed a return of 2.60% compared to a worldwide -2.49% average, and a -3.66% of Basic Materials firms. Over the last year, the company obtained a 11.20% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Japan and Chemicals firms.