Mitani Sangyo Dividend
Dividend criteria checks 4/6
Mitani Sangyo is a dividend paying company with a current yield of 2.79% that is well covered by earnings. Next payment date is on 4th December, 2024 with an ex-dividend date of 27th September, 2024.
Key information
2.8%
Dividend yield
27%
Payout ratio
| Industry average yield | 3.3% |
| Next dividend pay date | 04 Dec 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | JP¥9.000 |
| Earnings per share | JP¥33.46 |
| Dividend yield forecast in 3Y | n/a |
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 8285's dividend payments have been volatile in the past 10 years.
Growing Dividend: 8285's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Mitani Sangyo Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (8285) | 2.8% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.7% |
| Industry Average (Trade Distributors) | 3.3% |
| Analyst forecast in 3 Years (8285) | n/a |
Notable Dividend: 8285's dividend (2.79%) is higher than the bottom 25% of dividend payers in the JP market (1.82%).
High Dividend: 8285's dividend (2.79%) is low compared to the top 25% of dividend payers in the JP market (3.74%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (26.9%), 8285's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (12.6%), 8285's dividend payments are thoroughly covered by cash flows.