Mitsubishi Gas Chemical Company Dividends and Buybacks
Dividend criteria checks 4/6
Mitsubishi Gas Chemical Company is a dividend paying company with a current yield of 3.45% that is well covered by earnings.
Key information
3.4%
Dividend yield
0.0008%
Buyback Yield
| Total Shareholder Yield | 3.4% |
| Future Dividend Yield | 3.7% |
| Dividend Growth | 8.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Payout ratio | 36% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: MBGC.F's dividends per share have been stable in the past 10 years.
Growing Dividend: MBGC.F's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Mitsubishi Gas Chemical Company Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (MBGC.F) | 3.4% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.2% |
| Industry Average (Chemicals) | 1.9% |
| Analyst forecast (MBGC.F) (up to 3 years) | 3.7% |
Notable Dividend: MBGC.F's dividend (3.45%) is higher than the bottom 25% of dividend payers in the US market (1.52%).
High Dividend: MBGC.F's dividend (3.45%) is low compared to the top 25% of dividend payers in the US market (4.6%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (35.5%), MBGC.F's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (149.4%), MBGC.F's dividend payments are not well covered by cash flows.