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Mitsubishi Paper Mills (TSE:3864) Forward Dividend Yield % : 2.74% (As of May. 23, 2024)


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What is Mitsubishi Paper Mills Forward Dividend Yield %?

As of today (2024-05-23), the Forward Annual Dividend Yield of Mitsubishi Paper Mills is 2.74%.

As of today (2024-05-23), the Trailing Annual Dividend Yield of Mitsubishi Paper Mills is 1.37%.

TSE:3864's Forward Dividend Yield % is ranked worse than
50.61% of 164 companies
in the Forest Products industry
Industry Median: 2.63 vs TSE:3864: 2.74

Mitsubishi Paper Mills's Dividends per Share for the three months ended in Dec. 2023 was 円0.00.

During the past 12 months, Mitsubishi Paper Mills's average Dividends Per Share Growth Rate was 100.00% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Mitsubishi Paper Mills was 49.40% per year. The lowest was -20.60% per year. And the median was 10.05% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Mitsubishi Paper Mills's Forward Dividend Yield %

For the Paper & Paper Products subindustry, Mitsubishi Paper Mills's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Mitsubishi Paper Mills's Forward Dividend Yield % Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Mitsubishi Paper Mills's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Mitsubishi Paper Mills's Forward Dividend Yield % falls into.



Mitsubishi Paper Mills Forward Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Mitsubishi Paper Mills Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
JPY 10.0000002024-03-282024-03-312024-06-10Cash Dividendsemi-annuallyJPY:JPY 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Mitsubishi Paper Mills's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=20/730.00
=2.74 %

Current Share Price is 円730.00.
Mitsubishi Paper Mills's Dividends per Share for the forward twelve months is calculated as 円10 * 2 = 円20.

Mitsubishi Paper Mills's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=10/730.00
=1.37 %

Current Share Price is 円730.00.
Mitsubishi Paper Mills's Dividends per Share for the trailing twelve months (TTM) ended in Today is 円10.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Mitsubishi Paper Mills  (TSE:3864) Forward Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Mitsubishi Paper Mills Forward Dividend Yield % Related Terms

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Mitsubishi Paper Mills (TSE:3864) Business Description

Traded in Other Exchanges
Address
2-10-14 Ryogoku, Sumida-ku, Tokyo, JPN, 130-0026
Mitsubishi Paper Mills Ltd is a paper and paper manufacturing company. The company manufactures printing paper, printing plate materials and printing systems supporting offset and other printing. Its segments consist of Paper and Pulp, Imaging Media, Speciality Materials and Warehouse and Transportation. The company generates maximum revenue from the Paper and Pulp segment. Its offers graphic arts material; photographic materials; inkjet media; thermo memory; battery separator; air filter and others. Geographically, it derives a majority of revenue from Japan and also has a presence in Europe; Asia; North America and Other Countries.

Mitsubishi Paper Mills (TSE:3864) Headlines

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