Mitsubishi Electric Dividend
Dividend criteria checks 5/6
Mitsubishi Electric is a dividend paying company with a current yield of 1.82% that is well covered by earnings.
Key information
1.8%
Dividend yield
37%
Payout ratio
Industry average yield | 1.7% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | €136.45 |
Dividend yield forecast in 3Y | 2.3% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: MIE's dividends per share have been stable in the past 10 years.
Growing Dividend: MIE's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Mitsubishi Electric Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (MIE) | 1.8% |
Market Bottom 25% (DE) | 1.6% |
Market Top 25% (DE) | 4.6% |
Industry Average (Electrical) | 1.7% |
Analyst forecast in 3 Years (MIE) | 2.3% |
Notable Dividend: MIE's dividend (1.82%) is higher than the bottom 25% of dividend payers in the German market (1.64%).
High Dividend: MIE's dividend (1.82%) is low compared to the top 25% of dividend payers in the German market (4.65%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (36.8%), MIE's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (43.6%), MIE's dividend payments are well covered by cash flows.