Mitsubishi Chemical Dividend yield

 Price  870.00
 Dividend  30.02
 Earnings  93.55
 Cash-flow  248.57
 Book value  1,087.50
 Equity  1,063.07

Mitsubishi Chemical is part of Chemicals business, which is part of Basic Materials industry. Mitsubishi Chemical is a company from Japan, and his stocks are publicly traded.

Mitsubishi Chemical stock dividend

Mitsubishi Chemical paid a total dividend of 42,688 million JPY last year, for a market value of 1,237,140 millions (Market Cap 1,108,012 millions). Mitsubishi Chemical dividend per share is 30.02 JPY, and his stock market price 870.00 JPY.

According to the chart below, where dividend yield is displayed, Mitsubishi Chemical has a dividend yield of 3.45%, 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 Mitsubishi Chemical stocks dividend with other Chemicals companies or other of the high Japan dividend stocks list.

Dividend yield of Mitsubishi Chemical

Mitsubishi Chemical Dividend Payout

About the ability of Mitsubishi Chemical to maintain his current dividend of JPY 30.02 per share, an amount that accounts for 3.45%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Mitsubishi Chemical payout on ernings is currently 32.09%, which is lower than the market average and companies of Basic Materials industry, which are 39.34% and 38.07% respectively. Both figures lead us to believe that there is confidence that Mitsubishi Chemicalcan 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 Mitsubishi Chemical is JPY 248.57 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 Mitsubishi Chemical, compared againt world market average, Japan companies, Basic Materials industry and Chemicals sector companies.

Mitsubishi Chemical payout

Mitsubishi Chemical Dividend History

Below you will find a table with the historical evolution of Mitsubishi Chemical'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* 

*In millions

Then you can see the evolution of Mitsubishi Chemical dividend stock, and compare it with the average of Japan stocks and that of the Chemicals stocks.

Mitsubishi Chemical stock dividend history

Mitsubishi Chemical Stock performance

Finally, last moth Mitsubishi Chemical showed a return of 2.40% compared to a worldwide -2.49% average, and a -3.66% of Basic Materials firms. Over the last year, the company obtained a 18.70% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Japan and Chemicals firms.

Mitsubishi Chemical stock and market return