Mitsubishi Dividends and Buybacks
Dividend criteria checks 4/6
Mitsubishi is a dividend paying company with a current yield of 3.7% that is well covered by earnings. Next payment date is on 2nd December, 2024 with an ex-dividend date of 27th September, 2024.
Key information
3.7%
Dividend yield
5.8%
Buyback Yield
| Total Shareholder Yield | 9.5% |
| Future Dividend Yield | 3.8% |
| Dividend Growth | 3.2% |
| Next dividend pay date | 02 Dec 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | €0.603 |
| Payout ratio | 31% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: MBI's dividend payments have been volatile in the past 10 years.
Growing Dividend: MBI's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Mitsubishi Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (MBI) | 3.7% |
| Market Bottom 25% (DE) | 1.7% |
| Market Top 25% (DE) | 4.9% |
| Industry Average (Trade Distributors) | 2.1% |
| Analyst forecast (MBI) (up to 3 years) | 3.8% |
Notable Dividend: MBI's dividend (3.7%) is higher than the bottom 25% of dividend payers in the German market (1.69%).
High Dividend: MBI's dividend (3.7%) is low compared to the top 25% of dividend payers in the German market (4.87%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (31.2%), MBI's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (35.4%), MBI's dividend payments are well covered by cash flows.