Mitsubishi Gas Chemical Company Dividend
Dividend criteria checks 4/6
Mitsubishi Gas Chemical Company is a dividend paying company with a current yield of 2.86% that is well covered by earnings.
Key information
2.9%
Dividend yield
37%
Payout ratio
Industry average yield | 5.0% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | €222.91 |
Dividend yield forecast in 3Y | 3.8% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: MUG's dividends per share have been stable in the past 10 years.
Growing Dividend: MUG's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Mitsubishi Gas Chemical Company Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (MUG) | 2.9% |
Market Bottom 25% (DE) | 1.7% |
Market Top 25% (DE) | 4.7% |
Industry Average (Chemicals) | 5.0% |
Analyst forecast in 3 Years (MUG) | 3.8% |
Notable Dividend: MUG's dividend (2.86%) is higher than the bottom 25% of dividend payers in the German market (1.64%).
High Dividend: MUG's dividend (2.86%) is low compared to the top 25% of dividend payers in the German market (4.73%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (36.6%), MUG's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (147.3%), MUG's dividend payments are not well covered by cash flows.