Mitsui High-tec Dividend
Dividend criteria checks 2/6
Mitsui High-tec is a dividend paying company with a current yield of 0.97% that is well covered by earnings.
Key information
1.0%
Dividend yield
13%
Payout ratio
| Industry average yield | 1.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | JP¥425.30 |
| Dividend yield forecast in 3Y | 1.6% |
Recent dividend updates
Recent updates
Mitsui High-tec (TSE:6966) Has A Somewhat Strained Balance Sheet
Apr 01
Mitsui High-tec, Inc. Just Beat EPS By 9.5%: Here's What Analysts Think Will Happen Next
Mar 14Mitsui High-tec, Inc.'s (TSE:6966) P/E Is Still On The Mark Following 35% Share Price Bounce
Mar 06Mitsui High-tec (TSE:6966) Shareholders Will Want The ROCE Trajectory To Continue
Feb 26Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 6966's dividend payments have been volatile in the past 10 years.
Growing Dividend: 6966's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Mitsui High-tec Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (6966) | 1.0% |
| Market Bottom 25% (JP) | 1.6% |
| Market Top 25% (JP) | 3.2% |
| Industry Average (Semiconductor) | 1.0% |
| Analyst forecast in 3 Years (6966) | 1.6% |
Notable Dividend: 6966's dividend (0.97%) isn’t notable compared to the bottom 25% of dividend payers in the JP market (1.59%).
High Dividend: 6966's dividend (0.97%) is low compared to the top 25% of dividend payers in the JP market (3.22%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (13%), 6966's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 6966 is paying a dividend but the company has no free cash flows.