Mitsui Mining & Smelt Dividend yield




   JPY/share 
 Price  3,135.00
 Dividend  84.96
 Earnings  783.75
 Cash-flow  497.62
 Book value  3,483.33
 Equity  3,185.98

Mitsui Mining & Smelt is part of Industrial Metals and Mining business, which is part of Basic Materials industry. Mitsui Mining & Smelt is a company from Japan, and his stocks are publicly traded.

Mitsui Mining & Smelt paid a total dividend of 4,843 million JPY last year, for a market value of 178,695 millions (Market Cap 170,989 millions). Dividend per share of Mitsui Mining & Smelt is 84.96 JPY, and his stock market price 3,135.00 JPY.

According to the chart below, where dividend yield is displayed, Mitsui Mining & Smelt has a dividend yield of 2.71%, 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 Mining & Smelt dividend yield with other Industrial Metals and Mining companies or firms from Japan.

Dividend yield of Mitsui Mining & Smelt

Mitsui Mining & Smelt Dividend Payout

About the ability of Mitsui Mining & Smelt to maintain his current dividend of JPY 84.96 per share, an amount that accounts for 2.71%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Mitsui Mining & Smelt payout on ernings is currently 10.84%, 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 Mining & Smeltcan 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 Mining & Smelt is JPY 497.62 per share, which is higher than the dividend per share paid by the company of JPY 84.96, 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 Mining & Smelt, compared againt world market average, Japan companies, Basic Materials industry and Industrial Metals and Mining sector companies.

Mitsui Mining & Smelt payout

Mitsui Mining & Smelt Dividend History

Year Yield  JPY  Paypout  Shares* 
Present2.71%84.9610.84%57
20201.85%70.020.00%57
20192.39%69.8885.08%57
20183.07%69.900.00%57
20171.06%69.8521.41%57

*In millions

Mitsui Mining & Smelt Stock performance

Finally, last moth Mitsui Mining & Smelt showed a return of -6.10% compared to a worldwide -1.33% average, and a -2.32% of Basic Materials firms. Over the last year, the company obtained a 23.20% versus a worldwide performance of a 31.58%. More detailed information can be seen in the following graph for Japan and Industrial Metals and Mining firms.

Mitsui Mining & Smelt stock and market return