Sumitomo Metal Mining Dividends and Buybacks
Dividend criteria checks 4/6
Sumitomo Metal Mining is a dividend paying company with a current yield of 2.56% that is well covered by earnings. Next payment date is on 9th December, 2024 with an ex-dividend date of 27th September, 2024.
Key information
2.6%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 3.9% |
| Dividend Growth | 4.4% |
| Next dividend pay date | 09 Dec 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | €0.605 |
| Payout ratio | 46% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: S19's dividend payments have been volatile in the past 10 years.
Growing Dividend: S19's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Sumitomo Metal Mining Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (S19) | 2.6% |
| Market Bottom 25% (DE) | 1.7% |
| Market Top 25% (DE) | 4.8% |
| Industry Average (Metals and Mining) | 2.7% |
| Analyst forecast (S19) (up to 3 years) | 3.9% |
Notable Dividend: S19's dividend (2.56%) is higher than the bottom 25% of dividend payers in the German market (1.69%).
High Dividend: S19's dividend (2.56%) is low compared to the top 25% of dividend payers in the German market (4.79%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (45.8%), S19's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (49.8%), S19's dividend payments are well covered by cash flows.