Mitsui Dividends and Buybacks
Dividend criteria checks 4/6
Mitsui is a dividend paying company with a current yield of 2.97% that is well covered by earnings. Next payment date is on 24th June, 2024 with an ex-dividend date of 28th March, 2024.
Key information
3.0%
Dividend yield
3.0%
Buyback Yield
| Total Shareholder Yield | 6.0% |
| Future Dividend Yield | 2.9% |
| Dividend Growth | 0.3% |
| Next dividend pay date | 24 Jun 24 |
| Ex dividend date | 28 Mar 24 |
| Dividend per share | n/a |
| Payout ratio | 23% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 8031 N's dividend payments have been volatile in the past 10 years.
Growing Dividend: 8031 N's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Mitsui Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (8031 N) | 3.0% |
| Market Bottom 25% (MX) | 2.6% |
| Market Top 25% (MX) | 7.1% |
| Industry Average (Trade Distributors) | 4.9% |
| Analyst forecast (8031 N) (up to 3 years) | 2.9% |
Notable Dividend: 8031 N's dividend (2.97%) is higher than the bottom 25% of dividend payers in the MX market (2.31%).
High Dividend: 8031 N's dividend (2.97%) is low compared to the top 25% of dividend payers in the MX market (7.29%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (23.4%), 8031 N's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (27.2%), 8031 N's dividend payments are well covered by cash flows.