Mitsubishi Heavy Industries Dividend
Dividend criteria checks 3/6
Mitsubishi Heavy Industries is a dividend paying company with a current yield of 1.14% that is well covered by earnings. Next payment date is on 5th December, 2024 with an ex-dividend date of 27th September, 2024.
Key information
1.1%
Dividend yield
30%
Payout ratio
| Industry average yield | 2.4% |
| Next dividend pay date | 05 Dec 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | n/a |
| Earnings per share | JP¥66.06 |
| Dividend yield forecast in 3Y | 1.5% |
Recent dividend updates
Mitsubishi Heavy Industries (TSE:7011) Will Pay A Dividend Of ¥80.00
Mar 15
Mitsubishi Heavy Industries' (TSE:7011) Dividend Will Be ¥80.00
Mar 01Recent updates
A Look At The Fair Value Of Mitsubishi Heavy Industries, Ltd. (TSE:7011)
Jul 12Mitsubishi Heavy Industries, Ltd.'s (TSE:7011) P/E Is Still On The Mark Following 26% Share Price Bounce
Jun 27We Think Mitsubishi Heavy Industries (TSE:7011) Can Stay On Top Of Its Debt
May 27Investors Will Want Mitsubishi Heavy Industries' (TSE:7011) Growth In ROCE To Persist
Apr 05Mitsubishi Heavy Industries (TSE:7011) Will Pay A Dividend Of ¥80.00
Mar 15Mitsubishi Heavy Industries' (TSE:7011) Dividend Will Be ¥80.00
Mar 01Why Investors Shouldn't Be Surprised By Mitsubishi Heavy Industries, Ltd.'s (TSE:7011) 29% Share Price Surge
Feb 27Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 7011's dividend payments have been volatile in the past 10 years.
Growing Dividend: 7011's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Mitsubishi Heavy Industries Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (7011) | 1.1% |
| Market Bottom 25% (JP) | 1.7% |
| Market Top 25% (JP) | 3.4% |
| Industry Average (Machinery) | 2.4% |
| Analyst forecast in 3 Years (7011) | 1.5% |
Notable Dividend: 7011's dividend (1.14%) isn’t notable compared to the bottom 25% of dividend payers in the JP market (1.68%).
High Dividend: 7011's dividend (1.14%) is low compared to the top 25% of dividend payers in the JP market (3.42%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (30.3%), 7011's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (43.3%), 7011's dividend payments are well covered by cash flows.