Mitsubishi Heavy Ind Dividend yield




   JPY/share 
 Price  3,024.00
 Dividend  120.05
 Earnings  195.10
 Cash-flow  -282.62
 Book value  4,320.00
 Equity  3,825.49

Mitsubishi Heavy Ind is part of Industrial Engineering business, which is part of Industrials industry. Mitsubishi Heavy Ind is a company from Japan, and his stocks are publicly traded.

Mitsubishi Heavy Ind paid a total dividend of 40,337 million JPY last year, for a market value of 1,016,064 millions (Market Cap 863,919 millions). Dividend per share of Mitsubishi Heavy Ind is 120.05 JPY, and his stock market price 3,024.00 JPY.

According to the chart below, where dividend yield is displayed, Mitsubishi Heavy Ind has a dividend yield of 3.97%, which is higher than the amount offered by both the market average and companies from Japan. It is also bigger than average of Industrials industry. This high dividend yield might be a sign to worry about the future of the company so deeper analysis is needed.

In addition, you should compare Mitsubishi Heavy Ind dividend yield with other Industrial Engineering companies or firms from Japan.

Dividend yield of Mitsubishi Heavy Ind

Mitsubishi Heavy Ind Dividend Payout

About the ability of Mitsubishi Heavy Ind to maintain his current dividend of JPY 120.05 per share, an amount that accounts for 3.97%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Mitsubishi Heavy Ind payout on ernings is currently 61.53%, which is higher than the market average, and companies of Industrials industry, which are 39.27% and 37.39% respectively. Both figures show that Mitsubishi Heavy Ind can have problems to keep with his present dividend yield.

The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of Mitsubishi Heavy Ind is JPY -282.62 per share, which is lower than the dividend per share paid by the company of JPY 120.05, so the company does not generate enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Mitsubishi Heavy Ind, compared againt world market average, Japan companies, Industrials industry and Industrial Engineering sector companies.

Mitsubishi Heavy Ind payout

Mitsubishi Heavy Ind Dividend History

Year Yield  JPY  Paypout  Shares* 
Present3.97%120.0561.53%336
20202.38%75.1122.13%336
20193.30%140.1835.97%336
20183.16%125.0159.72%336
20172.85%119.9945.89%336
20162.37%12.0253.83%3,373
20151.90%11.9733.06%3,373

*In millions

Mitsubishi Heavy Ind Stock performance

Finally, last moth Mitsubishi Heavy Ind showed a return of 4.00% compared to a worldwide -1.33% average, and a -2.02% of Industrials firms. Over the last year, the company obtained a 29.80% versus a worldwide performance of a 31.58%. More detailed information can be seen in the following graph for Japan and Industrial Engineering firms.

Mitsubishi Heavy Ind stock and market return