Sumitomo Chemical Company Dividend
Dividend criteria checks 2/6
Sumitomo Chemical Company is a dividend paying company with a current yield of 2.21%. Next payment date is on 4th December, 2024 with an ex-dividend date of 27th September, 2024.
Key information
2.2%
Dividend yield
-6%
Payout ratio
| Industry average yield | 5.1% |
| Next dividend pay date | 04 Dec 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | €9.000 |
| Earnings per share | -€155.37 |
| Dividend yield forecast | 3.7% |
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: SMM's dividend payments have been volatile in the past 10 years.
Growing Dividend: SMM's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Sumitomo Chemical Company Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (SMM) | 2.2% |
| Market Bottom 25% (DE) | 1.6% |
| Market Top 25% (DE) | 4.8% |
| Industry Average (Chemicals) | 5.1% |
| Analyst forecast (SMM) (up to 3 years) | 3.7% |
Notable Dividend: SMM's dividend (2.21%) is higher than the bottom 25% of dividend payers in the German market (1.61%).
High Dividend: SMM's dividend (2.21%) is low compared to the top 25% of dividend payers in the German market (4.78%).
Earnings Payout to Shareholders
Earnings Coverage: SMM is paying a dividend but the company is unprofitable.
Cash Payout to Shareholders
Cash Flow Coverage: SMM is paying a dividend but the company has no free cash flows.