Mitsubishi Electric dividend yield calculator – Mitsubishi Electric Corp Declares 26.0 Cash Dividend

Dividends Yield

MITSUBISHI ELECTRIC ($TSE:6503) CORP announced on March 25 2023 that they will be issuing a cash dividend of 26.0 JPY per share. This is lower than the 40.0 JPY, 40.0 JPY and 36.0 JPY dividends issued in the past three years. Despite this reduction, the dividend yields from 2021 to 2023 still stand at a respectable 2.67%, 2.46% and 2.64%, averaging at 2.59%. This makes it an attractive option for those seeking dividend stocks. The ex-dividend date for this dividend is March 30 2023.

MITSUBISHI ELECTRIC CORP is one of the most established companies in Japan, with a strong balance sheet and consistent dividend payments. Despite the recent downturn in their dividend yields, the company remains a formidable and reliable dividend stock for investors to consider. The company’s ability to continually adjust their dividend payments, while maintaining competitive yields, is a testament to their financial strength. For those looking for a reliable and stable dividend stock, MITSUBISHI ELECTRIC CORP is a great option to consider.

Share Price

At the end of the day, the stock closed at JP¥1551.0, up by 0.8% from the closing price of JP¥ 1538.0 in the previous session. The stock opened at JP¥1554.0 at the beginning of the trading session. This declaration of dividend marks another successful year for Mitsubishi Electric Corporation and rewards its shareholders with a positive return on their investment. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Mitsubishi Electric. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Mitsubishi Electric. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Mitsubishi Electric. More…

Key Ratios Snapshot

Some of the financial key ratios for Mitsubishi Electric are shown below. More…

Analysis

At GoodWhale, we recently conducted an analysis of the fundamentals of MITSUBISHI ELECTRIC. Our Risk Rating system has identified this company as a low risk investment in terms of financial and business aspects. It is important to note that our analysis also detected two risk warnings in both the income sheet and cashflow statement. If you would like to explore more information regarding MITSUBISHI ELECTRIC, please register with us and we can provide detailed insights into the company. More…

Peers

Mitsubishi Electric Corp has established itself as a dominant force in the industry and is always looking for ways to stay ahead of its rivals.

– Evans Electric Ltd ($BSE:542668)

Evans Electric Ltd is an electrical engineering and contracting company that provides design, installation, and maintenance services to the industrial, commercial, and residential sectors in the United Kingdom. With a market cap of 461.54M and a Return on Equity of 37.57%, Evans Electric Ltd is a large and successful company that is well-positioned in the market. The company’s market cap provides a good indication of its size and financial strength, while its Return on Equity reflects its ability to generate profit from its operations. The company is committed to providing quality services to its customers and has a strong focus on safety and operational excellence.

– Hai Phong Electrical Mechanical JSC ($HNX:DHP)

Adda Corp is a technology and software development company that has been in operation since 2009. It specializes in creating innovative software and hardware solutions for its clients. As of 2023, Adda Corp has a market cap of 2.69B, indicating strong investor confidence in the company’s future. In addition to its market cap, Adda Corp has a Return on Equity of 12.57%, which is a measure of how much profit is generated from each dollar of shareholder’s equity. This is an indicator of how well the company is performing as compared to its peers. Both indicators show that Adda Corp is a viable and profitable business, making it an attractive option for investors.

Summary

MITSUBISHI ELECTRIC is a great option for dividend investors looking to grow their portfolios. In the last three years, the company has issued an annual dividend per share of 40.0 JPY, 40.0 JPY and 36.0 JPY, with dividend yields of 2.67%, 2.46% and 2.64%, averaging at 2.59%. This makes MITSUBISHI ELECTRIC an attractive choice for those looking for regular income and potential appreciation in share value. With careful analysis of the company’s performance and financial health, investors could potentially benefit from the company’s favorable dividend payout.