Miraca Holdings Dividend yield




   JPY/share 
 Price  2,905.00
 Dividend  124.92
 Earnings  305.79
 Cash-flow  631.52
 Book value  2,075.00
 Equity  1,911.19

Miraca Holdings is part of Health Care Equipment and Services business, which is part of Health Care industry. Miraca Holdings is a company from Japan, and his stocks are publicly traded.

Miraca Holdings paid a total dividend of 7,120 million JPY last year, for a market value of 165,585 millions (Market Cap 150,755 millions). Dividend per share of Miraca Holdings is 124.92 JPY, and his stock market price 2,905.00 JPY.

According to the chart below, where dividend yield is displayed, Miraca Holdings has a dividend yield of 4.30%, which is higher than the amount offered by both the market average and companies from Japan. It is also bigger than average of Health Care 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 Miraca Holdings dividend yield with other Health Care Equipment and Services companies or firms from Japan.

Dividend yield of Miraca Holdings

Miraca Holdings Dividend Payout

About the ability of Miraca Holdings to maintain his current dividend of JPY 124.92 per share, an amount that accounts for 4.30%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Miraca Holdings payout on ernings is currently 40.85%, which is higher than the market average, and companies of Health Care industry, which are 38.25% and 29.07% respectively. Both figures show that Miraca Holdings 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 Miraca Holdings is JPY 631.52 per share, which is higher than the dividend per share paid by the company of JPY 124.92, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Miraca Holdings, compared againt world market average, Japan companies, Health Care industry and Health Care Equipment and Services sector companies.

Miraca Holdings payout

Miraca Holdings Dividend History

Year Yield  JPY  Paypout  Shares* 
Present4.30%124.9240.85%57
20214.69%136.9544.56%57
20204.14%115.050.00%57
20194.85%130.13115.92%57
20185.24%130.060.00%57
20172.53%122.070.00%57
20162.19%112.13-125.71%57
20151.85%101.2028.68%57

*In millions

Miraca Holdings Stock performance

Finally, last moth Miraca Holdings showed a return of -4.30% compared to a worldwide 1.12% average, and a 1.32% of Health Care firms. Over the last year, the company obtained a -21.30% versus a worldwide performance of a 5.73%. More detailed information can be seen in the following graph for Japan and Health Care Equipment and Services firms.

Miraca Holdings stock and market return