Mitsui Chemical Inds Dividend yield




   JPY/share 
 Price  3,765.00
 Dividend  105.04
 Earnings  311.16
 Cash-flow  896.43
 Book value  3,137.50
 Equity  2,908.04

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 20,588 million JPY last year, for a market value of 737,940 millions (Market Cap 656,524 millions). Dividend per share of Mitsui Chemical Inds is 105.04 JPY, and his stock market price 3,765.00 JPY.

According to the chart below, where dividend yield is displayed, Mitsui Chemical Inds has a dividend yield of 2.79%, which is similar to the amount offered by both the market average and companies from Japan. However, it is lower than the average of Basic Materials industry. The company should be deeply analized because dividend yields should be similar among companies from the same industry unless they carry an opposite strategy.

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 105.04 per share, an amount that accounts for 2.79%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Mitsui Chemical Inds payout on ernings is currently 33.76%, which is lower than the market average and companies of Basic Materials industry, which are 39.27% and 51.13% respectively. Both figures lead us to believe that there is confidence that Mitsui Chemical Indscan 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 Mitsui Chemical Inds is JPY 896.43 per share, which is higher than the dividend per share paid by the company of JPY 105.04, 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* 
Present2.79%105.0433.76%196
20203.31%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 -0.90% compared to a worldwide -1.33% average, and a -2.32% of Basic Materials firms. Over the last year, the company obtained a 48.50% versus a worldwide performance of a 31.58%. More detailed information can be seen in the following graph for Japan and Chemicals firms.

Mitsui Chemical Inds stock and market return