Does Mitsubishi Heavy Industries (MHVIY) Pay a Dividend? (2026)
Last updated October 2026
Short answer
Yes. Mitsubishi Heavy Industries (MHVIY) pays a dividend yielding about 0.66% as of October 2026. The latest payment on record was $0.0830 per share, ex-dividend March 31, 2025. The forward annual rate is roughly $0.0800 per share, about $66 a year on a $10,000 position before tax. The payout takes about 27% of earnings. Figures are approximate and dated; verify the current number with your broker.
Does Mitsubishi Heavy Industries (MHVIY) pay a dividend?
Yes. Mitsubishi Heavy Industries distributes a dividend yielding roughly 0.66% as of October 2026. The most recent payment on record was $0.0830 per share, with an ex-dividend date of March 31, 2025. Annualized, that is about $0.0800 per share.
The ADR's 52-week range runs from about $10.65 (June 2026) to about $20 (May 2026), and the Tokyo shares from ¥3,404 to ¥5,208, so the stock sits near the low end even though June-quarter profit rose 65% and the order and cash-flow forecasts were raised. Consensus expects fiscal 2026 revenue near ¥5.59 trillion, slightly above guidance. The forward P/E of about 31 shows the market already prices much of that growth. Dollar figures here use roughly ¥157 per dollar, MHI's average June-quarter rate, and will move with the yen.
MHVIY dividend at a glance
| 2025-03-31 | $0.083 |
| 2024-09-30 | $0.073 |
MHVIY dividend data as of October 2026, sourced from Yahoo Finance and may be delayed. Yield moves with price and payout; confirm the current dividend and ex-date with MHVIY's investor relations page before relying on it.
Is the MHVIY dividend covered?
Mitsubishi Heavy Industries paid out about 27% of its earnings as dividends, so the payout is very well covered. A low ratio means the dividend has plenty of room and the company is keeping most of its profit to reinvest or buy back stock, which is also why the yield is modest.
Coverage is the question worth asking before yield. A dividend is only as good as the earnings behind it, and the highest yields on any screen are often the ones closest to being cut. Walnut is informational and is not an investment adviser.
What MHVIY's dividend means for you
- Income: about $66 a year per $10,000 invested, before tax.
- Yield is a ratio, not a payment: it rises when the share price falls. A jump in yield without a raise in the dividend means the stock got cheaper, which may or may not be good news.
- Total return: for MHVIY the dividend is one part of return and price change is usually the larger part. Compare total return, not yield, when weighing it against another holding.
- Reinvest or take the cash: a DRIP compounds the position automatically; taking the cash gives you income now. Either way it is taxable in a taxable account.
- If you want more yield: dedicated dividend names and funds target higher, steadier payouts. See the best dividend stocks and best dividend ETFs.
How MHVIY dividends are taxed
Dividends from US common stock are usually qualified, which means they are taxed at long-term capital-gains rates rather than as ordinary income, as long as you held the shares for more than 60 days in the 121-day window around the ex-dividend date. Distributions from REITs and BDCs generally do not qualify and are taxed as ordinary income. Inside an IRA, Roth, or 401(k) none of this applies while the money stays in the account. Full detail is in how dividends are taxed. This is not tax advice.
The bottom line on the MHVIY dividend
Mitsubishi Heavy Industries (MHVIY) pays about 0.66%, or roughly $0.0800 per share a year. At that level the dividend is a modest supplement rather than the reason to own it: the case rests on total return. For the full picture see the MHVIY guide. Walnut can show how MHVIY fits your real portfolio. It is not an investment adviser.
Investing in Mitsubishi Heavy Industries with AI
Connect the broker you already use and ask Walnut's AI how MHVIY fits what you actually hold: whether you own it already through a fund, what it would do to your concentration, and how it has tracked the S&P 500. Read-only by default, and you approve anything before it reaches your broker.
FAQ
Does Mitsubishi Heavy Industries (MHVIY) pay a dividend?
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Yes. Mitsubishi Heavy Industries pays a dividend yielding roughly 0.66% as of October 2026. The most recent payment on record was $0.0830 per share with an ex-dividend date of March 31, 2025. That works out to a forward annual rate of about $0.0800 per share. Yields move with the share price, so verify the current figure with your broker or MHVIY's investor relations page before relying on it.
What is MHVIY's dividend yield?
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About 0.66% as of October 2026. On a $10,000 position that is roughly $66 of dividend income a year before tax. For context, the S&P 500 yields around 1.2%, so MHVIY yields meaningfully less than the broad market. A higher yield is not automatically better: it can reflect a falling share price as easily as a generous payout, so it is worth checking why the number is what it is.
How often does MHVIY pay its dividend?
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Mitsubishi Heavy Industries's payment schedule is in the history table above. The most recent payment on record had an ex-dividend date of March 31, 2025. To receive a given payment you have to own the shares before the ex-dividend date, not on the pay date. Confirm upcoming dates on MHVIY's investor relations page, because boards can change both the amount and the timing.
When is MHVIY's ex-dividend date?
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The ex-dividend date recorded in our October 2026 data pull is March 31, 2026. The ex-dividend date is the cutoff: buy on or after it and the seller keeps that payment, not you. Buying just before the ex-date to capture the dividend does not create free money, because the share price typically drops by roughly the dividend amount when the stock goes ex. Check MHVIY's investor relations page for the next confirmed date.
Is MHVIY's dividend safe?
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Mitsubishi Heavy Industries paid out about 27% of its earnings as dividends, so the payout is very well covered. A low ratio means the dividend has plenty of room and the company is keeping most of its profit to reinvest or buy back stock, which is also why the yield is modest. Nobody can guarantee a dividend: boards cut them, and a high yield is sometimes the market pricing in exactly that. Walnut is not an investment adviser and this is not a recommendation.
How much would I earn in dividends from a $10,000 position in MHVIY?
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At a yield of about 0.66%, roughly $66 a year before tax. That is a snapshot, not a promise: the amount changes when the company changes its payout, and your yield on cost is fixed at the price you paid, not at today's price.
Are MHVIY dividends qualified for tax purposes?
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Dividends from US common stock are usually qualified, meaning they are taxed at the lower long-term capital-gains rates, provided you held the shares for more than 60 days in the 121-day window around the ex-dividend date. Distributions from REITs, BDCs, and some pass-through structures are generally taxed as ordinary income instead. In an IRA or Roth the question does not arise. See our guide to how dividends are taxed. This is not tax advice.
Should I reinvest MHVIY dividends?
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Most brokers offer automatic reinvestment (a DRIP) that puts each MHVIY payment straight back into more shares, often fractional ones. Reinvesting compounds the position and is the standard choice when you do not need the cash yet. Taking the cash makes sense when you are spending the income or want to direct it elsewhere. Either way the dividend is taxable in a taxable account in the year it is paid, even if you never see the money.
Does MHVIY pay a dividend?
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Yes. MHI pays twice a year, with an interim dividend for the half ending September 30 and a year-end dividend for the year ending March 31. For fiscal 2026 the company forecasts ¥29 per share (¥14 interim and ¥15 year-end), up from ¥25 in fiscal 2025, and the most recent ex-dividend date was September 29, 2026. The yield is small, roughly 0.7% on the Tokyo price and similar on the ADR, because the share price has risen much faster than the payout. For ADR holders, dividends are converted from yen to dollars, so the amount received moves with the exchange rate. Japanese withholding tax applies, which US holders may be able to partly credit on their tax return, and the depositary bank can deduct a small per-ADR fee before paying out.
Walnut is informational, not investment advice. Dividend figures on this page come from a October 2026 data pull and are approximate; verify the current yield, amount, schedule, and policy with MHVIY's investor relations page or your broker before acting on them.