08-31-2023
JPY/share | |
Price | 2,544.00 |
Dividend | 30.02 |
Earnings | 120.57 |
Cash-flow | 110.61 |
Book value | 1,106.09 |
Equity | 1,039.40 |
Misumi Group is part of Industrial Engineering business, which is part of Industrials industry. Misumi Group is a company from Japan, and his stocks are publicly traded.
Misumi Group stock dividend
Misumi Group paid a total dividend of 8,556 million JPY last year, for a market value of 725,040 millions (Market Cap 707,746 millions). Misumi Group dividend per share is 30.02 JPY, and his stock market price 2,544.00 JPY.
According to the chart below, where dividend yield is displayed, Misumi Group has a dividend yield of 1.18%, lower than the amount offered by both the market average and companies from Japan. It is also lower than average of Industrials industry. This low dividend yield might has several explanations: company overpriced, expanding their business,...
In addition, you should compare Misumi Group stocks dividend with other Industrial Engineering companies or other of the high Japan dividend stocks list.
Misumi Group Dividend Payout
About the ability of Misumi Group to maintain his current dividend of JPY 30.02 per share, an amount that accounts for 1.18%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Misumi Group payout on ernings is currently 24.90%, which is lower than the market average and companies of Industrials industry, which are 39.34% and 37.26% respectively. Both figures lead us to believe that there is confidence that Misumi Groupcan 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 Misumi Group is JPY 110.61 per share, which is higher than the dividend per share paid by the company of JPY 30.02, so the company generates enough cash to maintain his dividend in the future.
The following figure shows payout ratios over earnings and cashflow of Misumi Group, compared againt world market average, Japan companies, Industrials industry and Industrial Engineering sector companies.
Misumi Group Dividend History
Below you will find a table with the historical evolution of Misumi Group'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 | 1.18% | 30.02 | 24.90% | 285 |
2022 | 1.13% | 32.53 | 24.63% | 284 |
2021 | 0.58% | 27.38 | 45.36% | 284 |
2020 | 0.38% | 12.86 | 22.11% | 284 |
2019 | 0.68% | 18.51 | 21.83% | 284 |
2018 | 0.92% | 21.33 | 23.55% | 283 |
2017 | 0.63% | 20.66 | 31.62% | 281 |
2016 | 0.77% | 15.75 | 22.94% | 274 |
2015 | 0.80% | 13.37 | 22.96% | 274 |
*In millions
Then you can see the evolution of Misumi Group dividend stock, and compare it with the average of Japan stocks and that of the Industrial Engineering stocks.
Misumi Group Stock performance
Finally, last moth Misumi Group showed a return of -2.00% compared to a worldwide -2.49% average, and a -2.39% of Industrials firms. Over the last year, the company obtained a -26.30% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Japan and Industrial Engineering firms.