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Kuraray Co., Ltd. engages in the production and sale of resins, chemicals, fibers, activated carbon, and high-performance membranes and systems worldwide. The Vinyl Acetate segment manufactures and markets functional resins and films, including PVA, PVB and EVAL. The Isoprene segment engages in the manufacture and marketing of SEPTON thermoplastic elastomer, isoprene-related products, and GENESTAR. The Functional Materials segment manufactures and markets methacrylic resin, medical products, and carbon materials. The Fibers and Textiles segment manufactures and sells synthetic fibers and textiles, CLARINO manmade leather, non-woven fabrics, and other products. The Trading segment mainly processes and sells synthetic fibers and manmade leathers. The company was founded in 1926 and is headquartered in Tokyo, Japan.

Kuraray Dividend Announcement

• Kuraray announced a semi annually dividend of $0.48 per ordinary share which will be made payable on 2024-04-01. Ex dividend date: 2023-12-28
• Kuraray annual dividend for 2023 was $0.86
• Kuraray's trailing twelve-month (TTM) dividend yield is 0.01%

Kuraray Dividend History

Ex-Div dateDividend amountDividend typePay date
2023-12-28$0.48semi annually2024-04-01
2023-06-29$0.38semi annually2023-09-15
2022-12-29$0.39semi annually2023-04-14
2022-06-29$0.31semi annually2022-09-16

Kuraray Dividend per year

Kuraray Dividend Yield

Kuraray current trailing twelve-month (TTM) dividend yield is 0.01%. Interested in purchasing Kuraray stock? Use our calculator to estimate your expected dividend yield:

Kuraray Financial Ratios

P/E ratio43.80
PEG ratio0.04
P/B ratio2.79
ROE6.78%
Payout ratio0.00%
Current ratio2.84
Quick ratio1.60
Cash Ratio0.61

Kuraray Dividend FAQ

Does Kuraray stock pay dividends?
Kuraray does not currently pay dividends to its shareholders.
Has Kuraray ever paid a dividend?
No, Kuraray has no a history of paying dividends to its shareholders. Kuraray is not known for its dividend payments.
Why doesn't Kuraray pay dividends?
There are several potential reasons why Kuraray would choose not to pay dividends to their shareholders:

1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.

2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.

3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.

4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.

5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
Will Kuraray ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While Kuraray has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is Kuraray a dividend aristocrat?
Kuraray is not considered a Dividend Aristocrat. The term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Kuraray a dividend king?
Kuraray is not classified as a "Dividend King". A Dividend King is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Kuraray a dividend stock?
No, Kuraray is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy Kuraray stocks?
To buy Kuraray you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees and account minimums.

Place an order: Use the brokerage's trading platform to place an order to buy Kuraray stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.