Mitsuboshi dividend yield calculator – Mitsuboshi Co Ltd Announces 50.0 Cash Dividend
March 19, 2023
Dividends Yield
Mitsuboshi ($TSE:5820) Co Ltd Announces 50.0 Cash Dividend on March 2 2023. This is the third year that the company has issued an annual dividend per share of 50.0 JPY, resulting in a dividend yield of 3.66% for 2021 and 2022, and 4.63% for 2023 with an average of 3.98%. This means that MITSUBOSHI is a viable option for those who are looking to invest in dividend-yielding stocks, as it has a consistent and reliable dividend yield. The ex-dividend date for this dividend is March 30 2023, so if you are interested in investing in a company with reliable dividends, this is one to consider.
Stock Price
This news was met with bullish optimism as the stock opened at JP¥2525.0 and closed at the same price. The company’s shareholders will now receive a dividend of 50.0 per share on their holdings. The 50.0 cash dividend is a sign of the company’s strong financial performance and investors have reacted positively to the news. Despite the global economic downturn, MITSUBOSHI Co Ltd has continued to grow and expand, making it a reliable and stable investment choice.
This impressive dividend payout is just the latest example of MITSUBOSHI Co Ltd’s commitment to providing returns to its shareholders. It is clear that the company is in a strong financial position and investors can take comfort in knowing that their investments are safe and secure. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Mitsuboshi. More…
| Total Revenues | Net Income | Net Margin |
| 9.72k | -76.74 | 0.8% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Mitsuboshi. More…
| Operations | Investing | Financing |
| -217.84 | 28.21 | -348.1 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Mitsuboshi. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 11.12k | 5.08k | 5.27k |
Key Ratios Snapshot
Some of the financial key ratios for Mitsuboshi are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 3.5% | -7.7% | -0.3% |
| FCF Margin | ROE | ROA |
| -3.5% | -0.3% | -0.2% |
Analysis
At GoodWhale, we have conducted an analysis of MITSUBOSHI‘s wellbeing. Based on our Risk Rating, MITSUBOSHI is a medium risk investment in terms of financial and business aspects. During our analysis, we have detected two risk warnings in the income sheet and balance sheet. In order to access more detailed information about these warnings, please become a registered user with GoodWhale. We are always here to help you make the best decisions when it comes to investing. More…
Peers
The competition in the cable industry is fierce as Mitsuboshi Co Ltd faces stiff competition from Yuan Cheng Cable Co Ltd, Viet Thai Electric Cable Corp, and Vietnam Electric Cable Corp. All of these companies produce products that are comparable in quality and price, making it difficult for Mitsuboshi Co Ltd to stand out. The competition between the companies is always evolving, as they strive to stay ahead of the curve in terms of product quality and customer service. As a result, Mitsuboshi Co Ltd must constantly innovate and stay on top of the latest trends in order to remain competitive.
– Yuan Cheng Cable Co Ltd ($SZSE:002692)
Yuan Cheng Cable Co Ltd is a leading Chinese manufacturer and provider of cables, wires, and related accessories. With a market cap of 2.73B and a Return on Equity of 5.44%, the company is well-positioned to remain competitive in the industry. Yuan Cheng Cable Co Ltd offers a wide range of products for both the consumer and industrial markets, including low-voltage copper cables, aluminum alloy cables, fire-resistant cables, and communication cables. The company also offers after-sales services such as installation, maintenance, and repairs. This strong market presence and solid ROE are reflective of the quality of product and service that Yuan Cheng Cable Co Ltd offers its customers.
– Viet Thai Electric Cable Corp ($HNX:VTH)
Vietnam Electric Cable Corporation is a major producer and supplier of electric power cables, telecommunications cables, and other related products in Vietnam. With a market cap of 3.25T as of 2023 and a Return on Equity (ROE) of 21.05%, the company has been able to successfully grow and stay competitive in an increasingly digital age. The company has grown to become one of the most important players in the electric cable and telecom industry in Vietnam, with a wide range of products that it offers to customers. It has also made strides in creating more efficient and cost-effective solutions for its customers.
Summary
MITSUBOSHI has been a reliable dividend stock for the past three years, with an average annual dividend yield of 3.98%. The dividend yield has ranged from 3.66% in 2021 and 2022 to 4.63% in 2023. This makes the company attractive to investors looking for consistent income and potential capital appreciation in the future.
The company’s consistent dividend payments and steady dividend yield indicate an underlying healthy cash flow and business model that have been largely insulated from economic downturns. Investing in MITSUBOSHI should be considered for those with a long-term horizon, as the company provides a steady return on investment.
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