Mitsuchi Dividend
Dividend criteria checks 4/6
Mitsuchi is a dividend paying company with a current yield of 1.89% that is well covered by earnings.
Key information
1.9%
Dividend yield
21%
Payout ratio
| Industry average yield | 2.7% |
| Next dividend pay date | n/a |
| Ex dividend date | 27 Jun 24 |
| Dividend per share | n/a |
| Earnings per share | JP¥86.52 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 3439's dividend payments have been volatile in the past 10 years.
Growing Dividend: 3439's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Mitsuchi Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (Mitsuchi) | 1.9% |
| Market Bottom 25% (JP) | 1.6% |
| Market Top 25% (JP) | 3.2% |
| Industry Average (Auto Components) | 2.7% |
| Analyst forecast in 3 Years (Mitsuchi) | n/a |
Notable Dividend: 3439's dividend (1.89%) is higher than the bottom 25% of dividend payers in the JP market (1.59%).
High Dividend: 3439's dividend (1.89%) is low compared to the top 25% of dividend payers in the JP market (3.22%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (21.4%), 3439's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (15.8%), 3439's dividend payments are well covered by cash flows.