MEC Dividend
Dividend criteria checks 2/6
MEC is a dividend paying company with a current yield of 1.21% that is well covered by earnings. Next payment date is on 5th September, 2024 with an ex-dividend date of 27th June, 2024.
Key information
1.2%
Dividend yield
37%
Payout ratio
Industry average yield | 2.1% |
Next dividend pay date | 05 Sep 24 |
Ex dividend date | 27 Jun 24 |
Dividend per share | n/a |
Earnings per share | JP¥123.05 |
Dividend yield forecast in 3Y | 1.3% |
Recent dividend updates
Recent updates
Upcoming 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 |
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Segment | Dividend Yield |
---|---|
Company (4971) | 1.2% |
Market Bottom 25% (JP) | 1.6% |
Market Top 25% (JP) | 3.2% |
Industry Average (Chemicals) | 2.1% |
Analyst forecast in 3 Years (4971) | 1.3% |
Notable Dividend: 4971's dividend (1.21%) isn’t notable compared to the bottom 25% of dividend payers in the JP market (1.59%).
High Dividend: 4971's dividend (1.21%) is low compared to the top 25% of dividend payers in the JP market (3.24%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (36.8%), 4971's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (1404.4%), 4971's dividend payments are not well covered by cash flows.