Sumitomo Rubber Industries Dividend
Dividend criteria checks 4/6
Sumitomo Rubber Industries is a dividend paying company with a current yield of 3.57% that is well covered by earnings. Next payment date is on 5th September, 2024 with an ex-dividend date of 27th June, 2024.
Key information
3.6%
Dividend yield
26%
Payout ratio
Industry average yield | 3.2% |
Next dividend pay date | 05 Sep 24 |
Ex dividend date | 27 Jun 24 |
Dividend per share | n/a |
Earnings per share | €220.07 |
Dividend yield forecast in 3Y | 4.8% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 108's dividend payments have been volatile in the past 10 years.
Growing Dividend: 108's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Sumitomo Rubber Industries Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (108) | 3.6% |
Market Bottom 25% (DE) | 1.6% |
Market Top 25% (DE) | 4.7% |
Industry Average (Auto Components) | 3.2% |
Analyst forecast in 3 Years (108) | 4.8% |
Notable Dividend: 108's dividend (3.57%) is higher than the bottom 25% of dividend payers in the German market (1.64%).
High Dividend: 108's dividend (3.57%) is low compared to the top 25% of dividend payers in the German market (4.68%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (26.4%), 108's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (14.6%), 108's dividend payments are thoroughly covered by cash flows.