Mitsubishi Pencil Dividend
Dividend criteria checks 4/6
Mitsubishi Pencil is a dividend paying company with a current yield of 1.52% that is well covered by earnings. Next payment date is on 6th September, 2024 with an ex-dividend date of 27th June, 2024.
Key information
1.5%
Dividend yield
25%
Payout ratio
| Industry average yield | 1.8% |
| Next dividend pay date | 06 Sep 24 |
| Ex dividend date | 27 Jun 24 |
| Dividend per share | n/a |
| Earnings per share | JP¥182.31 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 7976's dividends per share have been stable in the past 10 years.
Growing Dividend: 7976's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Mitsubishi Pencil Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (7976) | 1.5% |
| Market Bottom 25% (JP) | 1.6% |
| Market Top 25% (JP) | 3.2% |
| Industry Average (Commercial Services) | 1.8% |
| Analyst forecast in 3 Years (7976) | n/a |
Notable Dividend: 7976's dividend (1.52%) isn’t notable compared to the bottom 25% of dividend payers in the JP market (1.59%).
High Dividend: 7976's dividend (1.52%) is low compared to the top 25% of dividend payers in the JP market (3.22%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (24.7%), 7976's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (19.7%), 7976's dividend payments are well covered by cash flows.