Current Report: Mitsubishi Shokuhin Co Ltd
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Mitsubishi Shokuhin Co Ltd (MSHXF) is a food and beverage business.
The company offers processed foods, frozen and chilled foods, alcoholic beverages, and confectioneries at wholesale prices.
Its product portfolio includes seasoning products, noodles, dry goods, alcoholic and non-alcoholic beverages, frozen foods, and confectionery.
It also operates in the real estate management and logistics business.
The majority of its revenues are derived from the processed foods business and the frozen and chilled foods business.
The company was formerly known as Ryoshoku Ltd. and changed its name to Mitsubishi Shokuhin Co., Ltd. in July 2011.
Mitsubishi Shokuhin Co., Ltd. was incorporated in 1925 and is headquartered in Tokyo, Japan.
Mitsubishi Shokuhin Co., Ltd. is a subsidiary of Mitsubishi Corporation.
Three key data points gauge Mitsubishi Shokuhin or any dividend-paying firm. The key three are:
(1) Price
(2) Dividends
(3) Returns
Those three keys also best tell whether any company has made, is making, and will make money.
MSHXF Price
Mitsubishi Shokuhin’s price grew about 26% in the past year from $26.91 to $34.01 as of Thursday’s market close.
In the past 3 years, the company’s share price has ranged from $22.31 to $37.95, the all-time high share price reached September 30th, 2024.
Should MSHXF's share price realize another 26% price gain in the coming year, its share price might grow to $41.00.
MSHXF Dividends
Mitsubishi Shokuhin has paid variable semi-annual dividends since September 2008.
The company’s most recent SA dividend of $0.63 was declared May 9th for shareholders of record prior to March 28th.
The dividend is likely to be paid in June.
The forward-looking annual dividend of $1.26 yields 3.7% per Thursday’s closing price.
MSHXF Returns
Putting it all together, an $8.25 estimated gross gain per share shows up by adding MSHX%’s annual $1.26 dividend to an estimated $6.99 annual price gain, totaling that $8.25 gross gain amount.
A little over $1000 buys 29 shares at Wednesday’s $34.01 share price.
So, a $10 broker fee (if charged), collected half at purchase and half at sale, might take about $0.345 per share out of the $8.25 gross gain to give us a $7.905 net amount per share to multiply by 29 shares.
That result comes to $229.25 for about a 23% estimated net gain in the coming year.
Furthermore, $37.00 in annual dividend income from your $1,000 investment in Mitsubishi Shokuhin is about $7 more than the $34.01 single-share price.
By these numbers, MSHXF could be considered an ideal dividend dog by my dogcatcher standards.
Therefore, you may choose to pounce on MSHXF as a 100-year-old semi-annual dividend-paying Japanese food and beverage business with a 17-year dividend payment record.
The exact track of MSHXF’s future price and dividend will entirely be determined by market action and company finances.
Remember, the best way to track stock performance and dividend payments is through direct ownership of company shares.
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Disclaimer: This article is for informational and educational purposes only and should not be construed to constitute investment advice. Nothing contained herein shall constitute a ...
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