Mitsubishi Pencil Dividends and Buybacks
Dividend criteria checks 4/6
Mitsubishi Pencil is a dividend paying company with a current yield of 1.71% that is well covered by earnings. Next payment date is on 31st March, 2025 with an ex-dividend date of 27th December, 2024.
Key information
1.7%
Dividend yield
0%
Buyback Yield
| Total Shareholder Yield | 1.7% |
| Future Dividend Yield | 1.9% |
| Dividend Growth | 12.1% |
| Next dividend pay date | 31 Mar 25 |
| Ex dividend date | 27 Dec 24 |
| Dividend per share | JP¥44.000 |
| Payout ratio | 19% |
Recent dividend and buyback updates
Mitsubishi Pencil (TSE:7976) Has Announced That It Will Be Increasing Its Dividend To ¥23.00
Nov 18
Mitsubishi Pencil (TSE:7976) Is Increasing Its Dividend To ¥23.00
Nov 04Mitsubishi Pencil (TSE:7976) Has Announced A Dividend Of ¥21.00
Jun 19Mitsubishi Pencil's (TSE:7976) Dividend Will Be ¥21.00
May 07Recent updates
Mitsubishi Pencil (TSE:7976) Has Announced That It Will Be Increasing Its Dividend To ¥23.00
Nov 18Mitsubishi Pencil (TSE:7976) Is Increasing Its Dividend To ¥23.00
Nov 04Mitsubishi Pencil Co., Ltd.'s (TSE:7976) 25% Dip In Price Shows Sentiment Is Matching Earnings
Aug 07We Ran A Stock Scan For Earnings Growth And Mitsubishi Pencil (TSE:7976) Passed With Ease
Jul 11Mitsubishi Pencil (TSE:7976) Has Announced A Dividend Of ¥21.00
Jun 19Is Mitsubishi Pencil (TSE:7976) A Risky Investment?
Jun 12Mitsubishi Pencil's (TSE:7976) Dividend Will Be ¥21.00
May 07Mitsubishi Pencil (TSE:7976) Is Due To Pay A Dividend Of ¥21.00
Apr 23Should You Be Adding Mitsubishi Pencil (TSE:7976) To Your Watchlist Today?
Apr 03A Piece Of The Puzzle Missing From Mitsubishi Pencil Co., Ltd.'s (TSE:7976) 26% Share Price Climb
Mar 06Upcoming 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) | 1.7% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.8% |
| Industry Average (Commercial Services) | 2.0% |
| Analyst forecast (7976) (up to 3 years) | 1.9% |
Notable Dividend: 7976's dividend (1.71%) isn’t notable compared to the bottom 25% of dividend payers in the JP market (1.83%).
High Dividend: 7976's dividend (1.71%) is low compared to the top 25% of dividend payers in the JP market (3.8%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (19.3%), 7976's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (35.8%), 7976's dividend payments are well covered by cash flows.