MIE Corporation Co., Ltd

NSE:3442 Stock Report

Market Cap: JP¥1.6b

MIE Corporation Dividend

Dividend criteria checks 1/6

MIE is a dividend paying company with a current yield of 1.48% that is well covered by earnings.

Key information

1.5%

Dividend yield

n/a

Buyback Yield

Total Shareholder Yieldn/a
Future Dividend Yieldn/a
Dividend Growthn/a
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareJP¥20.000
Payout ratio6%

Recent dividend updates

No updates

Recent updates

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: Too early to tell whether 3442's dividend payments have been stable as they only just started paying a dividend.

Growing Dividend: Too early to tell if 3442's dividend payments are increasing as they only just started paying a dividend.


Dividend Yield vs Market

MIE Corporation Dividend Yield vs Market
How does 3442 dividend yield compare to the market?
SegmentDividend Yield
Company (3442)1.5%
Market Bottom 25% (JP)1.8%
Market Top 25% (JP)3.8%
Industry Average (Machinery)2.3%
Analyst forecast (3442) (up to 3 years)n/a

Notable Dividend: 3442's dividend (1.48%) isn’t notable compared to the bottom 25% of dividend payers in the JP market (1.83%).

High Dividend: 3442's dividend (1.48%) is low compared to the top 25% of dividend payers in the JP market (3.82%).


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (6.5%), 3442's dividend payments are thoroughly covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: 3442 is paying a dividend but the company has no free cash flows.


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