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Mitsubishi Chemical Group (TSE:4188) Forward Dividend Yield % : 3.53% (As of May. 13, 2024)


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What is Mitsubishi Chemical Group Forward Dividend Yield %?

As of today (2024-05-13), the Forward Annual Dividend Yield of Mitsubishi Chemical Group is 3.53%.

As of today (2024-05-13), the Trailing Annual Dividend Yield of Mitsubishi Chemical Group is 3.53%.

TSE:4188's Forward Dividend Yield % is ranked better than
74.01% of 1031 companies
in the Chemicals industry
Industry Median: 1.96 vs TSE:4188: 3.53

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

During the past 12 months, Mitsubishi Chemical Group's average Dividends Per Share Growth Rate was 3.30% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -2.10% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -4.10% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 11.80% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Mitsubishi Chemical Group was 38.70% per year. The lowest was -14.50% per year. And the median was 7.00% 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 Chemical Group's Forward Dividend Yield %

For the Specialty Chemicals subindustry, Mitsubishi Chemical Group'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 Chemical Group's Forward Dividend Yield % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Mitsubishi Chemical Group's Forward Dividend Yield % distribution charts can be found below:

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



Mitsubishi Chemical Group Forward Dividend Yield % Calculation

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

Mitsubishi Chemical Group Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
JPY 16.0000002024-03-282024-03-310000-00-00Cash Dividendsemi-annuallyJPY:JPY 1.000000
JPY 16.0000002023-09-282023-09-302023-12-04Cash 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 Chemical Group's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=32/907.30
=3.53 %

Current Share Price is 円907.30.
Mitsubishi Chemical Group's Dividends per Share for the forward twelve months is calculated as 円16 * 2 = 円32.

Mitsubishi Chemical Group's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=32/907.30
=3.53 %

Current Share Price is 円907.30.
Mitsubishi Chemical Group's Dividends per Share for the trailing twelve months (TTM) ended in Today is 円32.

* 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 Chemical Group  (TSE:4188) 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 Chemical Group Forward Dividend Yield % Related Terms

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Mitsubishi Chemical Group (TSE:4188) Business Description

Traded in Other Exchanges
Address
1-1 Marunouchi 1-chome, Chiyoda-ku, Tokyo, JPN, 100-8251
Mitsubishi Chemical Group Corp is a holdings company, which manufactures and sells chemicals, plastics, and pharmaceuticals. It organizes itself into three segments based on product. The Industrial Materials segment, which generates the majority of revenue, sells chemicals and polymers, including industrial gases, petrochemicals, thermoplastics, polyethylene, and polypropylene. The Performance Products segment sells electronics and designed materials, including LED lighting and equipment, specialty chemicals, polyester and industrial films, and fibers. The Health Care segment sells pharmaceuticals to treat autoimmune diseases, diabetes and kidney diseases, central nervous system treatments, and vaccines. The majority of revenue comes from Japan.

Mitsubishi Chemical Group (TSE:4188) Headlines

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