Mitsubishi Logistics Dividends and Buybacks
Dividend criteria checks 4/6
Mitsubishi Logistics is a dividend paying company with a current yield of 2.92% 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
2.9%
Dividend yield
3.9%
Buyback Yield
| Total Shareholder Yield | 6.9% |
| Future Dividend Yield | 3.0% |
| Dividend Growth | 16.1% |
| Next dividend pay date | 02 Dec 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | €0.193 |
| Payout ratio | 9% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: MIB's dividends per share have been stable in the past 10 years.
Growing Dividend: MIB's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Mitsubishi Logistics Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (MIB) | 2.9% |
| Market Bottom 25% (DE) | 1.7% |
| Market Top 25% (DE) | 4.8% |
| Industry Average (Infrastructure) | 3.7% |
| Analyst forecast (MIB) (up to 3 years) | 3.0% |
Notable Dividend: MIB's dividend (2.92%) is higher than the bottom 25% of dividend payers in the German market (1.76%).
High Dividend: MIB's dividend (2.92%) is low compared to the top 25% of dividend payers in the German market (4.76%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (9.2%), MIB's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (91%), MIB's dividend payments are not well covered by cash flows.