MIE Corporation Dividends and Buybacks
Dividend criteria checks 2/6
MIE is a dividend paying company with a current yield of 1.52% that is well covered by earnings. Next payment date is on 10th June, 2025 with an ex-dividend date of 28th March, 2025.
Key information
1.5%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | n/a |
| Next dividend pay date | 10 Jun 25 |
| Ex dividend date | 28 Mar 25 |
| Dividend per share | JP¥20.000 |
| Payout ratio | 7% |
Recent dividend and buyback updates
No updates
Recent updates
Upcoming Dividend Payment
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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (3442) | 1.5% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.9% |
| Industry Average (Machinery) | 2.3% |
| Analyst forecast (3442) (up to 3 years) | n/a |
Notable Dividend: 3442's dividend (1.52%) isn’t notable compared to the bottom 25% of dividend payers in the JP market (1.82%).
High Dividend: 3442's dividend (1.52%) is low compared to the top 25% of dividend payers in the JP market (3.81%).
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: With its low cash payout ratio (5.2%), 3442's dividend payments are thoroughly covered by cash flows.