Mitsubishi Gas Chemical Company Dividend
Dividend criteria checks 4/6
Mitsubishi Gas Chemical Company is a dividend paying company with a current yield of 2.9% that is well covered by earnings.
Key information
2.9%
Dividend yield
37%
Payout ratio
| Industry average yield | 2.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | JP¥222.91 |
| Dividend yield forecast in 3Y | 3.8% |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 4182's dividends per share have been stable in the past 10 years.
Growing Dividend: 4182's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Mitsubishi Gas Chemical Company Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (4182) | 2.9% |
| Market Bottom 25% (JP) | 1.6% |
| Market Top 25% (JP) | 3.2% |
| Industry Average (Chemicals) | 2.2% |
| Analyst forecast in 3 Years (4182) | 3.8% |
Notable Dividend: 4182's dividend (2.9%) is higher than the bottom 25% of dividend payers in the JP market (1.6%).
High Dividend: 4182's dividend (2.9%) is low compared to the top 25% of dividend payers in the JP market (3.22%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (36.6%), 4182's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (147.3%), 4182's dividend payments are not well covered by cash flows.