Mitsui & Co., Share - Overview and Dividends

Overview

Mitsui & Co., Ltd. is one of the largest diversified trading, investment, and services conglomerates in the world, with a global network spanning over 60 countries and regions.

The company's core businesses include energy, metals, chemicals, machinery, and infrastructure projects. It also has a strong presence in consumer goods, healthcare, and information technology.

Mitsui & Co. is a publicly traded company listed on the Tokyo Stock Exchange. It is a member of the Mitsubishi Group, one of Japan's largest business conglomerates.

Dividends

Mitsui & Co. has a long history of paying dividends to its shareholders. The company's dividend policy is to distribute approximately 30% of its consolidated net income to shareholders.

In fiscal year 2022, Mitsui & Co. paid a dividend of 120 yen per share. This represented an increase of 2.6% from the previous year.

The company's dividend yield is currently around 3.5%. This is a competitive yield compared to other Japanese companies.

Factors to Consider

There are a number of factors to consider when evaluating Mitsui & Co.'s dividend policy.

• The company's financial performance. Mitsui & Co.'s dividend policy is based on its consolidated net income. If the company's financial performance deteriorates, its dividend may be reduced.
• The company's capital needs. Mitsui & Co. may need to retain more of its earnings to fund growth projects. This could lead to a reduction in the dividend.
• The Japanese tax system. Dividends paid by Japanese companies are subject to a withholding tax of 20%. This tax can reduce the after-tax yield for foreign investors.

Conclusion

Mitsui & Co. is a well-established company with a history of paying dividends to its shareholders. The company's dividend policy is based on its consolidated net income and its capital needs.

Investors should consider these factors when evaluating Mitsui & Co.'s dividend policy.