Mitsu Chem Plast Dividends and Buybacks
Dividend criteria checks 2/6
Mitsu Chem Plast is a dividend paying company with a current yield of 0.17% that is well covered by earnings.
Key information
0.2%
Dividend yield
-13.1%
Buyback Yield
| Total Shareholder Yield | -12.9% |
| Future Dividend Yield | n/a |
| Dividend Growth | -8.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ₹0.200 |
| Payout ratio | 3% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 540078 has been paying a dividend for less than 10 years.
Growing Dividend: 540078's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
| Mitsu Chem Plast Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (540078) | 0.2% |
| Market Bottom 25% (IN) | 0.3% |
| Market Top 25% (IN) | 1.1% |
| Industry Average (Chemicals) | 0.7% |
| Analyst forecast (540078) (up to 3 years) | n/a |
Notable Dividend: 540078's dividend (0.17%) isn’t notable compared to the bottom 25% of dividend payers in the Indian market (0.25%).
High Dividend: 540078's dividend (0.17%) is low compared to the top 25% of dividend payers in the Indian market (1.15%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (2.8%), 540078's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (2.2%), 540078's dividend payments are thoroughly covered by cash flows.