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Mitsui Chemicals, Inc. engages in the mobility, health care, food and packaging, basic materials, and other businesses. The company's Mobility segment develops elastomers, performance compounds, functional polymers, polypropylene compounds, and performance polymers; and offers services related to the development of automotive and industrial products. Its Health Care segment offers vision care materials, nonwoven fabrics, dental materials, and personal care materials. The Food & Packaging segment provides coating and engineering materials, performance films and sheets, and agrochemical products. The Basic Materials segment provides ethylene, propylene, polyethylene, polypropylene, catalysts, phenols, purified terephthalic acid, PET, polyurethane materials, and industrial chemical products. The company also offers civil engineering and construction materials; cosmetics; wood adhesives, paper resins, foliar activator, and other chemical products; polyolefin, urethanes, and synthetic resins and resin films; injection molds and presses; phosphoric acid and fertilizers; spunbonded nonwoven fabrics and synthetic fibers; monomers for optical lenses; and fine chemical products and inorganic chemicals. In addition, it is involved in performance analysis, physical property measurements, and safety tests on chemicals; and placements, temporary works, and insurance and travel services, and consignments, as well as the sale of electronics and information materials. The company sells its products in Japan, China, Asia, the Americas, Europe, and internationally. Mitsui Chemicals, Inc. was founded in 1892 and is headquartered in Tokyo, Japan.

Mitsui Chemicals Dividend Announcement

Mitsui Chemicals announced a semi annually dividend of $0.18 per ordinary share which will be made payable on 2023-12-19. Ex dividend date: 2023-09-28
Mitsui Chemicals annual dividend for 2023 was $0.33
Mitsui Chemicals's trailing twelve-month (TTM) dividend yield is -%
Mitsui Chemicals's payout ratio for the trailing twelve months (TTM) is 45.67%

Mitsui Chemicals Dividend History

Ex-Div dateDividend amountDividend typePay date
2023-09-28$0.18semi annually2023-12-19
2023-03-30$0.15semi annually2023-07-13
2022-09-29$0.16semi annually2022-12-19

Mitsui Chemicals Dividend per year

Mitsui Chemicals Dividend Yield

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

Mitsui Chemicals Financial Ratios

P/E ratio4.74
PEG ratio-0.00
P/B ratio0.31
ROE6.85%
Payout ratio45.67%
Current ratio1.73
Quick ratio1.03
Cash Ratio0.34

Mitsui Chemicals Dividend FAQ

Does Mitsui Chemicals stock pay dividends?
Mitsui Chemicals does not currently pay dividends to its shareholders.
Has Mitsui Chemicals ever paid a dividend?
No, Mitsui Chemicals has no a history of paying dividends to its shareholders. Mitsui Chemicals is not known for its dividend payments.
Why doesn't Mitsui Chemicals pay dividends?
There are several potential reasons why Mitsui Chemicals 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 Mitsui Chemicals 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 Mitsui Chemicals 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 Mitsui Chemicals a dividend aristocrat?
Mitsui Chemicals 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 Mitsui Chemicals a dividend king?
Mitsui Chemicals 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 Mitsui Chemicals a dividend stock?
No, Mitsui Chemicals 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 Mitsui Chemicals stocks?
To buy Mitsui Chemicals 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 Mitsui Chemicals 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.