If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Mitsui Mining and Smelting Co Ltd is 0.89, which seems too high.
During the past 13 years, the highest Dividend Payout Ratio of Mitsui Mining and Smelting Co was 2.34. The lowest was 0.12. And the median was 0.33.
During the past 12 months, Mitsui Mining and Smelting Co's average Dividends Per Share Growth Rate was 90.90% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 26.00% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 15.40% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was 12.70% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Mitsui Mining and Smelting Co was 33.90% per year. The lowest was -45.00% per year. And the median was 11.90% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
Mitsui Mining and Smelting Co Dividend Yield % Historical Data
* 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.
* Premium members only.
Mitsui Mining and Smelting Co Dividend Yield % Chart
Competitive Comparison of Mitsui Mining and Smelting Co's Dividend Yield %
For the Conglomerates subindustry, Mitsui Mining and Smelting Co's Dividend Yield %, along with its competitors' market caps and 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.
Mitsui Mining and Smelting Co's Dividend Yield % Distribution in the Conglomerates Industry
For the Conglomerates industry and Industrials sector, Mitsui Mining and Smelting Co's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Mitsui Mining and Smelting Co's Dividend Yield % falls into.
Mitsui Mining and Smelting Co Dividend Yield % Calculation
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Mitsui Mining and Smelting Co Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
JPY 70.000
2024-03-28
2024-03-31
0000-00-00
Cash Dividend
semi-annually
JPY:JPY 1.000000
JPY 70.000
2023-09-28
2023-09-30
2023-12-11
Cash Dividend
semi-annually
JPY: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.
* 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.
Mitsui Mining and Smelting Co (TSE:5706) 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.
Mitsui Mining and Smelting Co Dividend Yield % Related Terms
Thank you for viewing the detailed overview of Mitsui Mining and Smelting Co's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
Mitsui Mining and Smelting Co (TSE:5706) Business Description
Mitsui Mining and Smelting Co Ltd (Mitsui Kinzoku) is a Japanese company which primarily supplies and produces metals for manufacturers of both automobiles and telecommunications devices. The company is split across four segments: Engineered Materials, within which Mitsui Kinzoku supplies catalytic converters, battery materials, and copper foil used in microelectronics; Metals, which involves mining, smelting, and recycling copper and zinc; Automotive Parts and Components, which principally manufactures door-related automotive parts; and Affiliates Coordination, which includes perlite, die-casting, and engineering projects. Whilst Mitsui Kinzoku derives the majority of revenue domestically, the company operates in several overseas markets, notably the United States and mainland Asia.
Mitsui Mining and Smelting Co (TSE:5706) Headlines
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