Mitsubishi UFJ Dividend yield
What is the Dividend yield of Mitsubishi UFJ?
The Dividend yield of Mitsubishi UFJ Financial Group, Inc. is 2.57%
What is the definition of Dividend yield?
Dividend yield represents the ratio between dividends paid out to shareholders per share and the market price per share over a trailing year.
= ttm (trailing twelve months) dividend rate / previous day’s close
The dividend yield or dividend-price ratio of a share is the dividend per share, divided by the price per share. It is also a company's total annual dividend payments divided by its market capitalization, assuming the number of shares is constant, and is often expressed as a percentage. The reciprocal of the dividend yield is the price-dividend ratio.
A higher dividend yield has been considered to be desirable among many investors. A high dividend yield can be considered to be evidence that a stock is underpriced or that the company has fallen on hard times and future dividends will not be as high as previous ones. Similarly a low dividend yield can be considered evidence that the stock is overpriced or that future dividends might be higher. Some investors may find a higher dividend yield attractive, for instance as an aid to marketing a fund to retail investors, or maybe because they cannot get their hands on the capital, which may be tied up in a trust arrangement. In contrast some investors may find a higher dividend yield unattractive, perhaps because it increases their tax bill.
Dividend yield of companies in the Finance sector on NYSE compared to Mitsubishi UFJ
What does Mitsubishi UFJ do?
Mitsubishi UFJ Financial Group, Inc. is a Japanese bank holding and financial services company headquartered in Chiyoda, Tokyo, Japan. It is Japans largest financial group and the worlds second largest bank holding company holding around US$1.8 trillion in deposits as of March 2011.
Companies with dividend yield similar to Mitsubishi UFJ
- SDCL Efficiency Income Trust Plc has Dividend yield of 2.56%
- Sprott has Dividend yield of 2.56%
- Toyota Motor has Dividend yield of 2.56%
- Sandvik AB has Dividend yield of 2.56%
- Air Products & Chemicals has Dividend yield of 2.56%
- Divyashakti Granites has Dividend yield of 2.56%
- Mitsubishi UFJ has Dividend yield of 2.57%
- Merck & Co Inc has Dividend yield of 2.57%
- Summit Inc has Dividend yield of 2.57%
- Asia Allied Infrastructure has Dividend yield of 2.57%
- Hero MotoCorp has Dividend yield of 2.57%
- Harbin Electric has Dividend yield of 2.57%
- Compagnie Financière Richemont SA has Dividend yield of 2.57%