Sumitomo Dividend
Dividend criteria checks 4/6
Sumitomo is a dividend paying company with a current yield of 3.16% that is well covered by earnings.
Key information
3.2%
Dividend yield
40%
Payout ratio
Industry average yield | 2.6% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | JP¥319.22 |
Dividend yield forecast in 3Y | 3.5% |
Recent dividend updates
Recent updates
Fewer Investors Than Expected Jumping On Sumitomo Corporation (TSE:8053)
Jun 22Sumitomo's (TSE:8053) Returns Have Hit A Wall
Jun 07Here's Why Sumitomo (TSE:8053) Has A Meaningful Debt Burden
Apr 08Sumitomo Corporation (TSE:8053) Looks Inexpensive But Perhaps Not Attractive Enough
Mar 12Investors Met With Slowing Returns on Capital At Sumitomo (TSE:8053)
Feb 26Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 8053's dividend payments have been volatile in the past 10 years.
Growing Dividend: 8053's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Sumitomo Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (8053) | 3.2% |
Market Bottom 25% (JP) | 1.7% |
Market Top 25% (JP) | 3.4% |
Industry Average (Trade Distributors) | 2.6% |
Analyst forecast in 3 Years (8053) | 3.5% |
Notable Dividend: 8053's dividend (3.16%) is higher than the bottom 25% of dividend payers in the JP market (1.69%).
High Dividend: 8053's dividend (3.16%) is low compared to the top 25% of dividend payers in the JP market (3.4%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (39.6%), 8053's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (30.5%), 8053's dividend payments are well covered by cash flows.