Mitsui O.S.K. Lines Dividend
Dividend criteria checks 4/6
Mitsui O.S.K. Lines is a dividend paying company with a current yield of 3.96% that is well covered by earnings. Next payment date is on 27th November, 2024 with an ex-dividend date of 27th September, 2024.
Key information
4.0%
Dividend yield
30%
Payout ratio
| Industry average yield | 3.7% |
| Next dividend pay date | 27 Nov 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | JP¥180.000 |
| Earnings per share | JP¥722.05 |
| Dividend yield forecast in 3Y | 3.7% |
Recent dividend updates
Mitsui O.S.K. Lines' (TSE:9104) Dividend Is Being Reduced To ¥100.00
Jul 25
Mitsui O.S.K. Lines (TSE:9104) Has Announced That Its Dividend Will Be Reduced To ¥100.00
Jul 11Recent updates
Mitsui O.S.K. Lines' (TSE:9104) Dividend Is Being Reduced To ¥100.00
Jul 25Mitsui O.S.K. Lines (TSE:9104) Has Announced That Its Dividend Will Be Reduced To ¥100.00
Jul 11Does Mitsui O.S.K. Lines (TSE:9104) Have A Healthy Balance Sheet?
Jun 18Mitsui O.S.K. Lines, Ltd.'s (TSE:9104) Prospects Need A Boost To Lift Shares
May 28Why Mitsui O.S.K. Lines' (TSE:9104) Shaky Earnings Are Just The Beginning Of Its Problems
May 07Is Mitsui O.S.K. Lines, Ltd. (TSE:9104) Potentially Undervalued?
Apr 14Mitsui O.S.K. Lines (TSE:9104) Has A Pretty Healthy Balance Sheet
Feb 28Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 9104's dividend payments have been volatile in the past 10 years.
Growing Dividend: 9104's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Mitsui O.S.K. Lines Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (9104) | 4.0% |
| Market Bottom 25% (JP) | 1.7% |
| Market Top 25% (JP) | 3.6% |
| Industry Average (Shipping) | 3.7% |
| Analyst forecast in 3 Years (9104) | 3.7% |
Notable Dividend: 9104's dividend (3.96%) is higher than the bottom 25% of dividend payers in the JP market (1.75%).
High Dividend: 9104's dividend (3.96%) is in the top 25% of dividend payers in the JP market (3.55%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (30.4%), 9104's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 9104 is paying a dividend but the company has no free cash flows.