Mitsubishi Materials Dividend yield




   JPY/share 
 Price  2,192.00
 Dividend  74.97
 Earnings  187.35
 Cash-flow  608.89
 Book value  4,384.00
 Equity  4,072.83

Mitsubishi Materials is part of General Industrials business, which is part of Industrials industry. Mitsubishi Materials is a company from Japan, and his stocks are publicly traded.

Mitsubishi Materials paid a total dividend of 9,821 million JPY last year, for a market value of 287,152 millions (Market Cap 272,026 millions). Dividend per share of Mitsubishi Materials is 74.97 JPY, and his stock market price 2,192.00 JPY.

According to the chart below, where dividend yield is displayed, Mitsubishi Materials has a dividend yield of 3.42%, 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 Materials dividend yield with other General Industrials companies or firms from Japan.

Dividend yield of Mitsubishi Materials

Mitsubishi Materials Dividend Payout

About the ability of Mitsubishi Materials to maintain his current dividend of JPY 74.97 per share, an amount that accounts for 3.42%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Mitsubishi Materials payout on ernings is currently 40.02%, 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 Materials 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 Materials is JPY 608.89 per share, which is higher than the dividend per share paid by the company of JPY 74.97, so the company generates enough cash to maintain his dividend in the future.

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

Mitsubishi Materials payout

Mitsubishi Materials Dividend History

Year Yield  JPY  Paypout  Shares* 
Present3.42%74.9740.02%131
20201.84%39.93-7.18%131
20192.69%80.080.00%131
20183.11%90.0334.21%131
20171.75%70.1832.38%131
20162.07%70.0714.08%132
20152.30%10.0122.32%1,315

*In millions

Mitsubishi Materials Stock performance

Finally, last moth Mitsubishi Materials showed a return of -2.80% compared to a worldwide -1.33% average, and a -2.02% of Industrials firms. Over the last year, the company obtained a 5.90% versus a worldwide performance of a 31.58%. More detailed information can be seen in the following graph for Japan and General Industrials firms.

Mitsubishi Materials stock and market return