Current Analysis: Mitsubishi


Image Source: PixabayMitsubishi Corp (MTSUY) is a conglomerate that operates businesses in various industries.Its operating segments include Natural Gas, Industrial materials, Petroleum & chemicals, Mineral resources, Industrial Infrastructure, Automotive, Food & Consumer Industry, Power Solutions, and Urban Development.The company was incorporated in 1950 and is headquartered in Tokyo, Japan.Three key data points gauge Mitsubishi or any dividend-paying firm.The key three are:(1) Price(2) Dividends(3) ReturnsThose three keys also best tell whether any company has made, is making, and will make money.MTSUY PriceOver the past year, Mitsubishi’s share price rose about 17% from $17.57 to $21.20 as of Tuesday’s market close. In the past couple of years, the company’s share price has never been less than $12.34 or more than $24.21.If Mitsubishi shares trade in the range of $12.00 to $24.00 this next year, their recent $21.20 share price might rise by $1.80 to $23.00 in a year. Of course, MTSUY’s price could also drop about the same $1.80 estimated amount or more.My $1.80 upside estimate is $1.73 under the annual price gain over the past year.MTSUY DividendMitsubishi shows semi-annual variable dividends paid since April 2023. The most recent $0.22  SA dividend was declared on March 4th for shareholders of record on March 27th and paid on July 9th. A forward-looking $0.44 annual dividend yields 2.07% at Tuesday’s closing price.MTSUY ReturnsTo put it all together, a $2.24 estimated one-year gross gain per share shows up when adding MTSUY’s  $0.44 estimated annual dividend to the estimated price upside of $1.80, equalling a $2.24 gross gain per share.A little under $1000 buys us 47 shares at the $21.20 share price.A $10 broker fee (if charged), paid half at purchase and half at sale, might take about $0.2125 per share out of the $2.24 annual estimated gross gain to give us a net gain of $2.0275 X 47 shares = $95.29 for about a 9.5% estimated net gain for the year.Furthermore, the $20.70 annual dividend income from $1K invested is $0.50 less than MTSUY’s $21.20 single share price. By these numbers, Mitsubishi may become an ideal dividend dog if it drops under $20.00 per share.You might choose to pounce on Mitsubishi It is a 74-year-old dividend-paying Tokyo-based conglomerate firm with almost a 2-year record paying semi-annual dividends.The exact track of MTSUY’s future price and dividend will entirely be determined by market action.Remember the true value of any stock is best realized through personal ownership of shares.More By This Author:Current Analysis: Bouygues (BOUYY)
Current Analysis: AviChina Industry & Technology (AVIJF)
Current Analysis: Wal-Mart De Mexico

Reviews

  • Total Score 0%
User rating: 0.00% ( 0
votes )



Leave a Reply

Your email address will not be published. Required fields are marked *