Mitsubishi Materials Dividend
Dividend criteria checks 4/6
Mitsubishi Materials is a dividend paying company with a current yield of 4.15% that is well covered by earnings. Next payment date is on 9th December, 2024 with an ex-dividend date of 27th September, 2024.
Key information
4.1%
Dividend yield
27%
Payout ratio
Industry average yield | 4.4% |
Next dividend pay date | 09 Dec 24 |
Ex dividend date | 27 Sep 24 |
Dividend per share | JP¥100.000 |
Earnings per share | JP¥350.75 |
Dividend yield forecast in 3Y | 4.6% |
Recent dividend updates
Mitsubishi Materials' (TSE:5711) Dividend Will Be Increased To ¥50.00
Aug 10Mitsubishi Materials (TSE:5711) Has Announced That It Will Be Increasing Its Dividend To ¥50.00
Jul 25Mitsubishi Materials (TSE:5711) Is Paying Out A Larger Dividend Than Last Year
Jul 11Recent updates
Mitsubishi Materials' (TSE:5711) Dividend Will Be Increased To ¥50.00
Aug 10Slammed 28% Mitsubishi Materials Corporation (TSE:5711) Screens Well Here But There Might Be A Catch
Aug 06Mitsubishi Materials (TSE:5711) Has Announced That It Will Be Increasing Its Dividend To ¥50.00
Jul 25Mitsubishi Materials (TSE:5711) Is Paying Out A Larger Dividend Than Last Year
Jul 11An Intrinsic Calculation For Mitsubishi Materials Corporation (TSE:5711) Suggests It's 40% Undervalued
Jun 08Why Mitsubishi Materials' (TSE:5711) Earnings Are Better Than They Seem
May 22These Return Metrics Don't Make Mitsubishi Materials (TSE:5711) Look Too Strong
Apr 30Mitsubishi Materials Corporation's (TSE:5711) P/S Still Appears To Be Reasonable
Apr 09Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 5711's dividend payments have been volatile in the past 10 years.
Growing Dividend: 5711's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Mitsubishi Materials Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (5711) | 4.1% |
Market Bottom 25% (JP) | 1.9% |
Market Top 25% (JP) | 3.9% |
Industry Average (Metals and Mining) | 4.4% |
Analyst forecast in 3 Years (5711) | 4.6% |
Notable Dividend: 5711's dividend (4.15%) is higher than the bottom 25% of dividend payers in the JP market (1.94%).
High Dividend: 5711's dividend (4.15%) is in the top 25% of dividend payers in the JP market (3.94%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (26.8%), 5711's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 5711 is paying a dividend but the company has no free cash flows.