company-logo

Mitsuba Corporation manufactures and sells automotive electronic components. It provides auto electrical products, including front and rear wiper systems, power window and seat motors, roof motors, power sliding door drive systems, starter and fan motors, intelligent dynamic actuator, electric oil pump, electronic throttle control motors, and electric power steering and servo brake motors. The company also offers motorcycle electrical products, such as starter motors, AC generators, ACG starters, fuel pump modules, starter relays, transmission motors, LED turn signal lights systems, LED license lamps, EV drive systems, low profile driving systems, and EV Ecorun motors and solar car products. It primarily operates in Japan, China, other Asian countries, the Americas, and Europe. The company was formerly known as Mitsuba Electric Mfg. Co., Ltd. and changed its name to Mitsuba Corporation in October 1996. Mitsuba Corporation was incorporated in 1946 and is headquartered in Kiryu, Japan.

Mitsuba Dividend Announcement

Mitsuba announced a annually dividend of ¥0.00 per ordinary share which will be made payable on . Ex dividend date: 2025-03-28
Mitsuba's trailing twelve-month (TTM) dividend yield is 0.7%
Mitsuba's payout ratio for the trailing twelve months (TTM) is 5.40%

Mitsuba Dividend History

Ex-Div dateDividend amountDividend typePay date
2025-03-28¥0.00annually
2024-03-28¥6.00annually
2023-03-30¥3.00annually2023-06-07
2022-03-30¥3.00annually2022-06-08
2020-03-30¥8.00annually
2019-03-27¥16.00annually2019-06-06
2018-03-28¥16.00annually2018-06-07
2017-03-29¥15.00annually2017-06-08
2016-03-29¥4.00annually
2015-09-28¥5.00annually
2015-03-27¥14.00annually
2014-03-27¥8.00annually
2013-03-27¥8.00annually

Mitsuba Dividend per year

Mitsuba Dividend growth

Mitsuba Dividend Yield

Mitsuba current trailing twelve-month (TTM) dividend yield is 0.7%. Interested in purchasing Mitsuba stock? Use our calculator to estimate your expected dividend yield:

Mitsuba Financial Ratios

P/E ratio2.82
PEG ratio0.03
P/B ratio0.45
ROE17.30%
Payout ratio5.40%
Current ratio1.67
Quick ratio1.24
Cash Ratio0.75

Mitsuba Dividend FAQ

Does Mitsuba stock pay dividends?
Mitsuba does not currently pay dividends to its shareholders.
Has Mitsuba ever paid a dividend?
No, Mitsuba has no a history of paying dividends to its shareholders. Mitsuba is not known for its dividend payments.
Why doesn't Mitsuba pay dividends?
There are several potential reasons why Mitsuba would choose not to pay dividends to their shareholders:

1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.

2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.

3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.

4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.

5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
Will Mitsuba ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While Mitsuba has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is Mitsuba a dividend aristocrat?
Mitsuba is not considered a Dividend Aristocrat. The term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Mitsuba a dividend king?
Mitsuba is not classified as a "Dividend King". A Dividend King is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Mitsuba a dividend stock?
No, Mitsuba is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy Mitsuba stocks?
To buy Mitsuba you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees and account minimums.

Place an order: Use the brokerage's trading platform to place an order to buy Mitsuba stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.