Mitani Dividends and Buybacks
Dividend criteria checks 4/6
Mitani is a dividend paying company with a current yield of 3.48% that is well covered by earnings. Next payment date is on 6th December, 2024 with an ex-dividend date of 27th September, 2024.
Key information
3.5%
Dividend yield
4.7%
Buyback Yield
| Total Shareholder Yield | 8.1% |
| Future Dividend Yield | n/a |
| Dividend Growth | 11.9% |
| Next dividend pay date | 06 Dec 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | JP¥66.000 |
| Payout ratio | 13% |
Recent dividend and buyback updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 8066's dividend payments have been volatile in the past 10 years.
Growing Dividend: 8066's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Mitani Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (8066) | 3.5% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.9% |
| Industry Average (Trade Distributors) | 3.4% |
| Analyst forecast (8066) (up to 3 years) | n/a |
Notable Dividend: 8066's dividend (3.48%) is higher than the bottom 25% of dividend payers in the JP market (1.84%).
High Dividend: 8066's dividend (3.48%) is low compared to the top 25% of dividend payers in the JP market (3.85%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (13.3%), 8066's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (28.7%), 8066's dividend payments are well covered by cash flows.