Mitsubishi Pencil stock dividend – Mitsubishi Pencil Co Ltd Declares 18.0 Cash Dividend
June 3, 2023
🌥️Dividends Yield
Mitsubishi Pencil ($TSE:7976) Co Ltd (MITSUBISHI PENCIL) has declared an 18.0 cash dividend on June 1 2023. This dividend is considerably lesser than the 35.0 JPY per share average that was paid out in the last three years, with yields of 2.74%, 2.74%, and 2.21% for 2021, 2022, and 2023 respectively, resulting in an average dividend yield of 2.56%. For investors who are looking for dividend stocks, MITSUBISHI PENCIL could be worth considering.
The company has consistently paid out dividends in the last three years, and ex-dividend date being June 29 2023. Therefore, investors have enough time to consider whether or not this stock should be included in their portfolios.
Market Price
This closing price was 0.8% lower than the last closing price of 1656.0. The company’s board of directors have approved the cash dividend to be paid out to shareholders sometime next month. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Mitsubishi Pencil. More…
| Total Revenues | Net Income | Net Margin |
| 69.85k | 6.93k | 9.9% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Mitsubishi Pencil. More…
| Operations | Investing | Financing |
| 7.28k | -1.65k | -3.9k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Mitsubishi Pencil. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 131.96k | 25.94k | 1.84k |
Key Ratios Snapshot
Some of the financial key ratios for Mitsubishi Pencil are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 5.1% | 14.0% | 14.6% |
| FCF Margin | ROE | ROA |
| 10.4% | 6.1% | 4.8% |
Analysis
At GoodWhale, we have recently conducted an analysis of the wellbeing of MITSUBISHI PENCIL. After looking at their financial and business aspects, we have given this company a Risk Rating of ‘medium’. This means that it is a relatively safe investment, but investors should be aware that there are some potential risks involved. Upon further investigation, we have detected two risk warnings in the income sheets and balance sheets of MITSUBISHI PENCIL. To gain access to our full report on this company, we invite you to register with us. We will provide you with detailed insights and advice regarding the potential risks associated with this investment. We believe that making an informed decision is essential for any investor, so don’t hesitate to get in touch with us. More…
Peers
The company has been producing quality pencils, pens, markers, and art supplies for over a century. Mitsubishi Pencil Co Ltd is well-known for producing high-quality products that meet industry standards. Mitsubishi Pencil Co Ltd faces competition from several other companies including Lihit Lab Inc, NFK HOLDINGS Co Ltd, and NKK Switches Co Ltd. All of these companies manufacture writing and art supplies and strive to produce innovative products for the modern consumer.
– Lihit Lab Inc ($TSE:7975)
Lihit Lab Inc is a Japanese company that specializes in paper, stationery, and office supplies. The company has a market cap of 3.09 billion dollars as of 2023, which indicates its current value in the marketplace. Additionally, its Return on Equity (ROE) has been -0.17%, which means that it has been producing negative returns on its shareholders’ investments. While this may not be an ideal situation for investors, Lihit Lab Inc’s diverse product offerings suggest that it may be able to turn things around in the future.
– NFK HOLDINGS Co Ltd ($TSE:6494)
NFK HOLDINGS Co Ltd is a Japanese company that is listed on the Tokyo Stock Exchange. It is engaged in activities related to information and communication technology, finance, real estate, and media. The company has a market cap of 4.98 billion as of 2023, which shows its strong financial position in the market. Additionally, its Return on Equity (ROE) of 1.24% indicates the company’s profitability and ability to generate returns on its equity investments. With its wide range of activities, NFK HOLDINGS Co Ltd is well-positioned to continue its growth in the future.
– NKK Switches Co Ltd ($TSE:6943)
NKK Switches Co Ltd is a leading global manufacturer of industrial switches, connectors, and other related products. With a market cap of 4.32B as of 2023, the company is well positioned to continue its growth trajectory. The company’s Return on Equity of 5.48% also speaks to the success of its business model and the strength of its financial performance. NKK Switches Co Ltd is a reliable provider of products to many industries, including those in the automotive, medical, aerospace, and defense fields. Its cutting-edge designs for both electrical and mechanical components have made the company a trusted partner of many large organizations.
Summary
MITSUBISHI PENCIL is a reliable dividend-paying stock. In the last three years, the company has paid out an average dividend per share of 35.0 JPY, with yields of 2.74%, 2.74%, and 2.21% from 2021 to 2023 respectively. This averages out to a yield of 2.56%, making it a viable option for investors seeking steady income from their investments. The low yield means that investors shouldn’t expect a huge return from the stock in the short-term, however, its consistency makes it a reliable long-term investment.
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