Mitsubishi UFJ Financial Group Dividend
Dividend criteria checks 4/6
Mitsubishi UFJ Financial Group is a dividend paying company with a current yield of 2.67% that is well covered by earnings. Next payment date is on 1st July, 2024 with an ex-dividend date of 28th March, 2024.
Key information
2.7%
Dividend yield
28%
Payout ratio
Industry average yield | 2.8% |
Next dividend pay date | 01 Jul 24 |
Ex dividend date | 28 Mar 24 |
Dividend per share | n/a |
Earnings per share | JP¥131.36 |
Dividend yield forecast in 3Y | 3.2% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 8306's dividends per share have been stable in the past 10 years.
Growing Dividend: 8306's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Mitsubishi UFJ Financial Group Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (8306) | 2.7% |
Market Bottom 25% (JP) | 1.6% |
Market Top 25% (JP) | 3.2% |
Industry Average (Banks) | 2.8% |
Analyst forecast in 3 Years (8306) | 3.2% |
Notable Dividend: 8306's dividend (2.67%) is higher than the bottom 25% of dividend payers in the JP market (1.57%).
High Dividend: 8306's dividend (2.67%) is low compared to the top 25% of dividend payers in the JP market (3.16%).
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (28.3%), 8306's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years or that it will be covered by earnings.