Sumitomo Mitsui Financial Group Dividends and Buybacks
Dividend criteria checks 4/6
Sumitomo Mitsui Financial Group is a dividend paying company with a current yield of 3.33% that is well covered by earnings. Next payment date is on 3rd December, 2024 with an ex-dividend date of 27th September, 2024.
Key information
3.3%
Dividend yield
-3.4%
Buyback Yield
| Total Shareholder Yield | -0.1% |
| Future Dividend Yield | 3.8% |
| Dividend Growth | 2.0% |
| Next dividend pay date | 03 Dec 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | €0.732 |
| Payout ratio | 39% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: XMF's dividends per share have been stable in the past 10 years.
Growing Dividend: XMF's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Sumitomo Mitsui Financial Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (XMF) | 3.3% |
| Market Bottom 25% (DE) | 1.7% |
| Market Top 25% (DE) | 4.8% |
| Industry Average (Banks) | 6.5% |
| Analyst forecast (XMF) (up to 3 years) | 3.8% |
Notable Dividend: XMF's dividend (3.33%) is higher than the bottom 25% of dividend payers in the German market (1.76%).
High Dividend: XMF's dividend (3.33%) is low compared to the top 25% of dividend payers in the German market (4.76%).
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (38.7%), XMF's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years or that it will be covered by earnings.