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 yield | 2.7% |
Next dividend pay date | 02 Dec 24 |
Ex dividend date | 27 Sep 24 |
Dividend per share | JP¥32.000 |
Earnings per share | JP¥93.77 |
Future Dividend Yield | 3.3% |
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 |
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Segment | Dividend 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.