Mirai IndustryLtd Dividends and Buybacks
Dividend criteria checks 4/6
Mirai IndustryLtd is a dividend paying company with a current yield of 3.43% that is well covered by earnings. Next payment date is on 26th November, 2024 with an ex-dividend date of 19th September, 2024.
Key information
3.4%
Dividend yield
5.9%
Buyback Yield
| Total Shareholder Yield | 9.3% |
| Future Dividend Yield | 4.0% |
| Dividend Growth | 7.5% |
| Next dividend pay date | 26 Nov 24 |
| Ex dividend date | 19 Sep 24 |
| Dividend per share | JP¥130.000 |
| Payout ratio | 31% |
Recent dividend and buyback updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 7931's dividend payments have been volatile in the past 10 years.
Growing Dividend: 7931's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Mirai IndustryLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (7931) | 3.4% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.8% |
| Industry Average (Electrical) | 1.9% |
| Analyst forecast (7931) (up to 3 years) | 4.0% |
Notable Dividend: 7931's dividend (3.43%) is higher than the bottom 25% of dividend payers in the JP market (1.83%).
High Dividend: 7931's dividend (3.43%) is low compared to the top 25% of dividend payers in the JP market (3.79%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (30.9%), 7931's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (47.4%), 7931's dividend payments are well covered by cash flows.