Sumitomo Realty & Development Dividends and Buybacks
Dividend criteria checks 3/6
Sumitomo Realty & Development is a dividend paying company with a current yield of 1.56% that is well covered by earnings. Next payment date is on 5th December, 2024 with an ex-dividend date of 27th September, 2024.
Key information
1.6%
Dividend yield
0.04%
Buyback Yield
| Total Shareholder Yield | 1.6% |
| Future Dividend Yield | 2.1% |
| Dividend Growth | 11.8% |
| Next dividend pay date | 05 Dec 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | €0.428 |
| Payout ratio | 17% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: RL2's dividends per share have been stable in the past 10 years.
Growing Dividend: RL2's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Sumitomo Realty & Development Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (RL2) | 1.6% |
| Market Bottom 25% (DE) | 1.8% |
| Market Top 25% (DE) | 4.8% |
| Industry Average (Real Estate) | 2.8% |
| Analyst forecast (RL2) (up to 3 years) | 2.1% |
Notable Dividend: RL2's dividend (1.56%) isn’t notable compared to the bottom 25% of dividend payers in the German market (1.76%).
High Dividend: RL2's dividend (1.56%) is low compared to the top 25% of dividend payers in the German market (4.76%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (17.3%), RL2's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (147.2%), RL2's dividend payments are not well covered by cash flows.