Mitsubishi UFJ Financial Group, Inc.

TSE:8306 Stock Report

Market Cap: JP¥18.6t

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 yield2.8%
Next dividend pay date01 Jul 24
Ex dividend date28 Mar 24
Dividend per sharen/a
Earnings per shareJP¥131.36
Dividend yield forecast in 3Y3.2%

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
How does 8306 dividend yield compare to the market?
SegmentDividend 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.


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