Mitsui Chemical Inds Dividend yield




   JPY/share 
 Price  3,025.00
 Dividend  100.13
 Earnings  193.91
 Cash-flow  581.73
 Book value  2,750.00
 Equity  2,770.14

Mitsui Chemical Inds is part of Chemicals business, which is part of Basic Materials industry. Mitsui Chemical Inds is a company from Japan, and his stocks are publicly traded.

Mitsui Chemical Inds paid a total dividend of 19,625 million JPY last year, for a market value of 592,900 millions (Market Cap 527,688 millions). Dividend per share of Mitsui Chemical Inds is 100.13 JPY, and his stock market price 3,025.00 JPY.

According to the chart below, where dividend yield is displayed, Mitsui Chemical Inds has a dividend yield of 3.31%, which is higher than the amount offered by both the market average and companies from Japan. It is also bigger than average of Basic Materials 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 Mitsui Chemical Inds dividend yield with other Chemicals companies or firms from Japan.

Dividend yield of Mitsui Chemical Inds

Mitsui Chemical Inds Dividend Payout

About the ability of Mitsui Chemical Inds to maintain his current dividend of JPY 100.13 per share, an amount that accounts for 3.31%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Mitsui Chemical Inds payout on ernings is currently 51.64%, which is higher than the market average, and companies of Basic Materials industry, which are 38.57% and 42.15% respectively. Both figures show that Mitsui Chemical Inds 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 Mitsui Chemical Inds is JPY 581.73 per share, which is higher than the dividend per share paid by the company of JPY 100.13, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Mitsui Chemical Inds, compared againt world market average, Japan companies, Basic Materials industry and Chemicals sector companies.

Mitsui Chemical Inds payout

Mitsui Chemical Inds Dividend History

Year Yield  JPY  Paypout  Shares* 
Present3.31%100.1351.64%196
20193.73%99.9625.74%195
20183.82%94.8926.36%199
20171.24%44.9513.89%200
20161.70%8.9934.50%1,001
20151.36%6.9835.38%1,001

*In millions

Mitsui Chemical Inds Stock performance

Finally, last moth Mitsui Chemical Inds showed a return of 3.10% compared to a worldwide 3.99% average, and a 8.08% of Basic Materials firms. Over the last year, the company obtained a 12.90% versus a worldwide performance of a 6.65%. More detailed information can be seen in the following graph for Japan and Chemicals firms.

Mitsui Chemical Inds stock and market return