Mitsubishi Electric Dividends and Buybacks
Dividend criteria checks 5/6
Mitsubishi Electric is a dividend paying company with a current yield of 1.96% that is well covered by earnings.
Key information
2.0%
Dividend yield
0.8%
Buyback Yield
| Total Shareholder Yield | 2.8% |
| Future Dividend Yield | 2.6% |
| Dividend Growth | 2.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | US$0.327 |
| Payout ratio | 37% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: MIEL.F's dividends per share have been stable in the past 10 years.
Growing Dividend: MIEL.F's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Mitsubishi Electric Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (MIEL.F) | 2.0% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.2% |
| Industry Average (Electrical) | 1.0% |
| Analyst forecast (MIEL.F) (up to 3 years) | 2.6% |
Notable Dividend: MIEL.F's dividend (1.96%) is higher than the bottom 25% of dividend payers in the US market (1.35%).
High Dividend: MIEL.F's dividend (1.96%) is low compared to the top 25% of dividend payers in the US market (4.22%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (36.9%), MIEL.F's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (38.7%), MIEL.F's dividend payments are well covered by cash flows.