Mitani Sekisan Dividends and Buybacks
Dividend criteria checks 5/6
Mitani Sekisan is a dividend paying company with a current yield of 1.96% that is well covered by earnings. Next payment date is on 16th December, 2024 with an ex-dividend date of 27th September, 2024.
Key information
1.9%
Dividend yield
0.4%
Buyback Yield
| Total Shareholder Yield | 2.3% |
| Future Dividend Yield | n/a |
| Dividend Growth | 8.7% |
| Next dividend pay date | 16 Dec 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | JP¥116.000 |
| Payout ratio | 11% |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 5273's dividends per share have been stable in the past 10 years.
Growing Dividend: 5273's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Mitani Sekisan Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (5273) | 1.9% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.8% |
| Industry Average (Basic Materials) | 3.0% |
| Analyst forecast (5273) (up to 3 years) | n/a |
Notable Dividend: 5273's dividend (1.96%) is higher than the bottom 25% of dividend payers in the JP market (1.83%).
High Dividend: 5273's dividend (1.96%) is low compared to the top 25% of dividend payers in the JP market (3.79%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (11.5%), 5273's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (39.7%), 5273's dividend payments are well covered by cash flows.