Mitsui Mining & Smelt Dividend yield

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 stock dividend

Mitsui Mining & Smelt paid a total dividend of 7,977 million JPY last year, for a market value of 212,154 millions (Market Cap 203,117 millions). Mitsui Mining & Smelt dividend per share is 139.95 JPY, and his stock market price 3,722.00 JPY.

According to the chart below, where dividend yield is displayed, Mitsui Mining & Smelt has a dividend yield of 3.76%, 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 stocks dividend with other Industrial Metals and Mining companies or other of the high Japan dividend stocks list.

Mitsui Mining & Smelt Dividend Payout

About the ability of Mitsui Mining & Smelt to maintain his current dividend of JPY 139.95 per share, an amount that accounts for 3.76%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Mitsui Mining & Smelt payout on ernings is currently 94.00%, which is higher than the market average, and companies of Basic Materials industry, which are 39.34% and 38.07% respectively. Both figures show that Mitsui Mining & Smelt 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 Mining & Smelt is JPY 759.59 per share, which is higher than the dividend per share paid by the company of JPY 139.95, 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 Dividend History

Below you will find a table with the historical evolution of Mitsui Mining & Smelt's dividend stock, both in percentage and in JPY, its Payout on Earnings and the number of shares (in case there is an split, number shares altered the dividend per share).

Year	Yield	JPY	Paypout	Shares*
Present	3.76%	139.95	94.00%	57
2022	3.57%	110.13	12.14%	57
2021	2.71%	84.96	10.84%	57
2020	1.85%	70.02	0.00%	57
2019	2.39%	69.88	85.08%	57
2018	3.07%	69.90	0.00%	57
2017	1.06%	69.85	21.41%	57

*In millions

Mitsui Mining & Smelt Stock performance

Finally, last moth Mitsui Mining & Smelt showed a return of 10.80% compared to a worldwide -2.49% average, and a -3.66% of Basic Materials firms. Over the last year, the company obtained a 12.80% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Japan and Industrial Metals and Mining firms.