MIT Holdings Dividends and Buybacks
Dividend criteria checks 2/6
MIT Holdings is a dividend paying company with a current yield of 2.11% that is well covered by earnings. Next payment date is on 26th February, 2025 with an ex-dividend date of 28th November, 2024.
Key information
2.1%
Dividend yield
-0.5%
Buyback Yield
| Total Shareholder Yield | 1.6% |
| Future Dividend Yield | n/a |
| Dividend Growth | 40.7% |
| Next dividend pay date | 26 Feb 25 |
| Ex dividend date | 28 Nov 24 |
| Dividend per share | JP¥15.000 |
| Payout ratio | 12% |
Recent dividend and buyback updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 4016 has been paying a dividend for less than 10 years.
Growing Dividend: 4016's dividend payments have increased, but the company has only paid a dividend for 4 years.
Dividend Yield vs Market
| MIT Holdings Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (4016) | 2.1% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.8% |
| Industry Average (IT) | 1.4% |
| Analyst forecast (4016) (up to 3 years) | n/a |
Notable Dividend: 4016's dividend (2.11%) is higher than the bottom 25% of dividend payers in the JP market (1.84%).
High Dividend: 4016's dividend (2.11%) is low compared to the top 25% of dividend payers in the JP market (3.8%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (11.9%), 4016's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (95.8%), 4016's dividend payments are not well covered by cash flows.