Mitsubishi Materials Dividend yield




   JPY/share 
 Price  2,170.00
 Dividend  39.93
 Earnings  -556.41
 Cash-flow  516.67
 Book value  3,616.67
 Equity  4,346.95

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 5,231 million JPY last year, for a market value of 284,270 millions (Market Cap 269,880 millions). Dividend per share of Mitsubishi Materials is 39.93 JPY, and his stock market price 2,170.00 JPY.

According to the chart below, where dividend yield is displayed, Mitsubishi Materials has a dividend yield of 1.84%, lower than the amount offered by both the market average and companies from Japan. It is also lower than average of Industrials industry. This low dividend yield might has several explanations: company overpriced, expanding their business,...

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 39.93 per share, an amount that accounts for 1.84%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Mitsubishi Materials payout on ernings is currently -7.18%, which is lower than the market average and companies of Industrials industry, which are 38.57% and 31.76% respectively. Both figures lead us to believe that there is confidence that Mitsubishi Materialscan maintain his current dividend.

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 516.67 per share, which is higher than the dividend per share paid by the company of JPY 39.93, 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* 
Present1.84%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 9.50% compared to a worldwide 3.99% average, and a 4.23% of Industrials firms. Over the last year, the company obtained a -27.10% versus a worldwide performance of a 6.65%. More detailed information can be seen in the following graph for Japan and General Industrials firms.

Mitsubishi Materials stock and market return