Mitsubishi Logistics Corporation

TSE:9301 Stock Report

Market Cap: JP¥379.4b

Mitsubishi Logistics Dividend

Dividend criteria checks 5/6

Mitsubishi Logistics is a dividend paying company with a current yield of 3.16% that is well covered by earnings. Next payment date is on 2nd December, 2024 with an ex-dividend date of 27th September, 2024.

Key information

3.2%

Dividend yield

26%

Payout ratio

Industry average yield2.7%
Next dividend pay date02 Dec 24
Ex dividend date27 Sep 24
Dividend per shareJP¥32.000
Earnings per shareJP¥93.77
Future Dividend Yield3.3%

Recent dividend updates

Recent updates

Does Mitsubishi Logistics (TSE:9301) Have A Healthy Balance Sheet?

Aug 20
Does Mitsubishi Logistics (TSE:9301) Have A Healthy Balance Sheet?

Mitsubishi Logistics Corporation's (TSE:9301) Share Price Not Quite Adding Up

Apr 12
Mitsubishi Logistics Corporation's (TSE:9301) Share Price Not Quite Adding Up

Mitsubishi Logistics (TSE:9301) Is Doing The Right Things To Multiply Its Share Price

Mar 15
Mitsubishi Logistics (TSE:9301) Is Doing The Right Things To Multiply Its Share Price

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: 9301's dividends per share have been stable in the past 10 years.

Growing Dividend: 9301's dividend payments have increased over the past 10 years.


Dividend Yield vs Market

Mitsubishi Logistics Dividend Yield vs Market
How does 9301 dividend yield compare to the market?
SegmentDividend Yield
Company (9301)3.2%
Market Bottom 25% (JP)1.8%
Market Top 25% (JP)3.8%
Industry Average (Infrastructure)2.7%
Analyst forecast (9301) (up to 3 years)3.3%

Notable Dividend: 9301's dividend (3.16%) is higher than the bottom 25% of dividend payers in the JP market (1.79%).

High Dividend: 9301's dividend (3.16%) is low compared to the top 25% of dividend payers in the JP market (3.78%).


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (26.2%), 9301's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: At its current cash payout ratio (81.2%), 9301's dividend payments are covered by cash flows.


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