MORINAGA MILK INDUSTRY CO.,LTD (2264) Dividends
Market cap
¥442.6B
P/E ratio
21.4x
Morinaga Milk Industry manufactures and sells milk, dairy products, ice cream, and beverages across Japan through nationwide subsidiaries.
Latest Dividend per Share Forecast
93.00JPY
Dividend GrowerIf you buy 100 shares of MORINAGA MILK INDUSTRY CO.,LTD, the expected annual dividend is 9,300 JPY.
- Dividend Yield
- 1.9%
- Payout Ratio
- 40.0%
Dividend Policy
<p>Our basic policy is to realize stable and long-term dividends while prioritizing the concentration of resources in growth areas and taking into account the strengthening of our corporate foundation and consolidated business performance. We target a consolidated dividend payout ratio of 40% and implement dividends twice annually as a standard practice, consisting of interim and year-end dividends.</p>
Dividend per Share
Payout Ratio
Dividend Yield
Dividend History (Forecasts, Revisions, Actuals)
| Fiscal Year | Type | Interim | Year-End | Total | Payout Ratio |
| FY2026 | Forecast(2025/05/13) | 45 | 48 | 93 | 40.0% |
|---|---|---|---|---|---|
| FY2025 | Actual(2025/05/13) | 45 | 45 | 90 | 139.3% |
| Forecast(2024/05/14) | 45 | 45 | 90 | 40.0% | |
| FY2024 | Actual(2024/05/14) | - | 60 | 60 | 8.6% |
| Revision(2024/02/09) | - | 50 | 60 | - | |
| Revision(2023/11/09) | - | 50 | 50 | - | |
| Revision(2023/10/26) | - | 100 | 90 | - | |
| Forecast(2023/05/15) | - | 90 | 90 | 7.1% | |
| FY2023 | Actual(2023/05/15) | - | 90 | 90 | 24.1% |
| Forecast(2022/05/13) | - | 90 | 90 | 25.7% | |
| FY2022 | Actual(2022/05/13) | - | 80 | 80 | 11.6% |
| Revision(2021/11/11) | - | 80 | 80 | - | |
| Forecast(2021/05/13) | - | 70 | 70 | 9.8% | |
| FY2021 | Actual(2021/05/13) | - | 70 | 70 | 18.5% |
| Revision(2021/04/28) | - | 60 | 70 | - | |
| Forecast(2020/11/11) | - | 60 | 60 | - | |
| FY2020 | Actual(2020/11/11) | - | 60 | 60 | - |