Mitsui Dividend
Dividend criteria checks 4/6
Mitsui is a dividend paying company with a current yield of 2.4% that is well covered by earnings. Next payment date is on 24th June, 2024 with an ex-dividend date of 28th March, 2024.
Key information
2.4%
Dividend yield
24%
Payout ratio
Industry average yield | 2.3% |
Next dividend pay date | 24 Jun 24 |
Ex dividend date | 28 Mar 24 |
Dividend per share | n/a |
Earnings per share | JP¥678.74 |
Dividend yield forecast in 3Y | 2.6% |
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 8031's dividend payments have been volatile in the past 10 years.
Growing Dividend: 8031's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Mitsui Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (8031) | 2.4% |
Market Bottom 25% (JP) | 1.6% |
Market Top 25% (JP) | 3.2% |
Industry Average (Trade Distributors) | 2.3% |
Analyst forecast in 3 Years (8031) | 2.6% |
Notable Dividend: 8031's dividend (2.4%) is higher than the bottom 25% of dividend payers in the JP market (1.55%).
High Dividend: 8031's dividend (2.4%) is low compared to the top 25% of dividend payers in the JP market (3.16%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (23.9%), 8031's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (29.8%), 8031's dividend payments are well covered by cash flows.