Mirai IndustryLtd Dividend
Dividend criteria checks 3/6
Mirai IndustryLtd is a dividend paying company with a current yield of 3.37% that is well covered by earnings.
Key information
3.4%
Dividend yield
29%
Payout ratio
Industry average yield | 1.8% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | JP¥317.42 |
Dividend yield forecast in 3Y | 3.8% |
Recent dividend updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 7931's dividend payments have been volatile in the past 10 years.
Growing Dividend: 7931's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Mirai IndustryLtd Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (7931) | 3.4% |
Market Bottom 25% (JP) | 1.7% |
Market Top 25% (JP) | 3.4% |
Industry Average (Electrical) | 1.8% |
Analyst forecast in 3 Years (7931) | 3.8% |
Notable Dividend: 7931's dividend (3.37%) is higher than the bottom 25% of dividend payers in the JP market (1.69%).
High Dividend: 7931's dividend (3.37%) is low compared to the top 25% of dividend payers in the JP market (3.38%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (28.5%), 7931's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (115.9%), 7931's dividend payments are not well covered by cash flows.