MEC Dividends and Buybacks
Dividend criteria checks 3/6
MEC is a dividend paying company with a current yield of 1.31% that is well covered by earnings. Next payment date is on 28th February, 2025 with an ex-dividend date of 27th December, 2024.
Key information
1.3%
Dividend yield
0.002%
Buyback Yield
| Total Shareholder Yield | 1.3% |
| Future Dividend Yield | 1.7% |
| Dividend Growth | -3.4% |
| Next dividend pay date | 28 Feb 25 |
| Ex dividend date | 27 Dec 24 |
| Dividend per share | JP¥45.000 |
| Payout ratio | 26% |
Recent dividend and buyback updates
MEC (TSE:4971) Is Due To Pay A Dividend Of ¥25.00
Sep 21
MEC (TSE:4971) Is Paying Out A Dividend Of ¥25.00
Aug 25MEC (TSE:4971) Will Pay A Dividend Of ¥25.00
Aug 11MEC (TSE:4971) Is Paying Out A Dividend Of ¥20.00
Jun 21MEC (TSE:4971) Is Paying Out A Dividend Of ¥20.00
Jun 07Recent updates
MEC (TSE:4971) Is Due To Pay A Dividend Of ¥25.00
Sep 21MEC (TSE:4971) Is Paying Out A Dividend Of ¥25.00
Aug 25MEC (TSE:4971) Will Pay A Dividend Of ¥25.00
Aug 11MEC Company Ltd. (TSE:4971) Shares May Have Slumped 32% But Getting In Cheap Is Still Unlikely
Aug 05MEC (TSE:4971) Is Paying Out A Dividend Of ¥20.00
Jun 21MEC (TSE:4971) Is Paying Out A Dividend Of ¥20.00
Jun 07MEC (TSE:4971) Has Announced A Dividend Of ¥20.00
Apr 11Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 4971's dividend payments have been volatile in the past 10 years.
Growing Dividend: 4971's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| MEC Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (4971) | 1.3% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.8% |
| Industry Average (Chemicals) | 2.4% |
| Analyst forecast (4971) (up to 3 years) | 1.7% |
Notable Dividend: 4971's dividend (1.31%) isn’t notable compared to the bottom 25% of dividend payers in the JP market (1.81%).
High Dividend: 4971's dividend (1.31%) is low compared to the top 25% of dividend payers in the JP market (3.78%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (26.1%), 4971's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (41.4%), 4971's dividend payments are well covered by cash flows.