Mitsubishi Corp Dividend yield




   JPY/share 
 Price  4,564.00
 Dividend  150.16
 Earnings  691.52
 Cash-flow  713.13
 Book value  4,564.00
 Equity  4,216.59

Mitsubishi Corp is part of Support Services business, which is part of Industrials industry. Mitsubishi Corp is a company from Japan, and his stocks are publicly traded.

Mitsubishi Corp paid a total dividend of 221,636 million JPY last year, for a market value of 6,736,464 millions (Market Cap 5,457,874 millions). Dividend per share of Mitsubishi Corp is 150.16 JPY, and his stock market price 4,564.00 JPY.

According to the chart below, where dividend yield is displayed, Mitsubishi Corp has a dividend yield of 3.29%, which is lower than the amount offered by the market average , but bigger than Industrials industry. Dividend yields are similar among companies from the same industry, so it is a positive sign for the company.

In addition, you should compare Mitsubishi Corp dividend yield with other Support Services companies or firms from Japan.

Dividend yield of Mitsubishi Corp

Mitsubishi Corp Dividend Payout

About the ability of Mitsubishi Corp to maintain his current dividend of JPY 150.16 per share, an amount that accounts for 3.29%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Mitsubishi Corp payout on ernings is currently 21.71%, which is lower than the market average and companies of Industrials industry, which are 40.22% and 36.22% respectively. Both figures lead us to believe that there is confidence that Mitsubishi Corpcan 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 Corp is JPY 713.13 per share, which is higher than the dividend per share paid by the company of JPY 150.16, 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 Corp, compared againt world market average, Japan companies, Industrials industry and Support Services sector companies.

Mitsubishi Corp payout

Mitsubishi Corp Dividend History

Year Yield  JPY  Paypout  Shares* 
Present3.29%150.1621.71%1,476
20213.78%138.0580.90%1,476
20205.31%134.9333.45%1,475
20194.38%127.0230.22%1,518
20184.14%125.0333.12%1,586
20173.12%97.1333.39%1,586
20162.23%55.13-68.47%1,583
20152.65%54.9121.73%1,583

*In millions

Mitsubishi Corp Stock performance

Finally, last moth Mitsubishi Corp showed a return of 15.60% compared to a worldwide -0.44% average, and a -1.21% of Industrials firms. Over the last year, the company obtained a 37.80% versus a worldwide performance of a -6.34%. More detailed information can be seen in the following graph for Japan and Support Services firms.

Mitsubishi Corp stock and market return