Sumitomo Dividend
Dividend criteria checks 4/6
Sumitomo is a dividend paying company with a current yield of 3.02% that is well covered by earnings.
Key information
3.0%
Dividend yield
40%
Payout ratio
Industry average yield | 2.2% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | €316.01 |
Dividend yield forecast in 3Y | 3.5% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: SUMA's dividend payments have been volatile in the past 10 years.
Growing Dividend: SUMA's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Sumitomo Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (SUMA) | 3.0% |
Market Bottom 25% (DE) | 1.7% |
Market Top 25% (DE) | 4.6% |
Industry Average (Trade Distributors) | 2.2% |
Analyst forecast in 3 Years (SUMA) | 3.5% |
Notable Dividend: SUMA's dividend (3.02%) is higher than the bottom 25% of dividend payers in the German market (1.68%).
High Dividend: SUMA's dividend (3.02%) is low compared to the top 25% of dividend payers in the German market (4.61%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (39.6%), SUMA's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (30.8%), SUMA's dividend payments are well covered by cash flows.