Mitsubishi Electric Dividend
Dividend criteria checks 4/6
Mitsubishi Electric is a dividend paying company with a current yield of 2.38% that is well covered by earnings.
Key information
2.4%
Dividend yield
43%
Payout ratio
Industry average yield | 0% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | Mex$92.05 |
Dividend yield forecast in 3Y | 3.0% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: MITS N's dividends per share have been stable in the past 10 years.
Growing Dividend: MITS N's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Mitsubishi Electric Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (MITS N) | 2.4% |
Market Bottom 25% (MX) | 0% |
Market Top 25% (MX) | 0% |
Industry Average (Electrical) | 0% |
Analyst forecast in 3 Years (MITS N) | 3.0% |
Notable Dividend: MITS N's dividend (2.38%) is higher than the bottom 25% of dividend payers in the MX market (2.31%).
High Dividend: MITS N's dividend (2.38%) is low compared to the top 25% of dividend payers in the MX market (7.29%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (43.5%), MITS N's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: MITS N is paying a dividend but the company has no free cash flows.