Sumitomo Rubber Industries Dividend
Dividend criteria checks 4/6
Sumitomo Rubber Industries is a dividend paying company with a current yield of 3.07% that is well covered by earnings. Next payment date is on 5th September, 2024 with an ex-dividend date of 27th June, 2024.
Key information
3.1%
Dividend yield
24%
Payout ratio
Industry average yield | 2.7% |
Next dividend pay date | 05 Sep 24 |
Ex dividend date | 27 Jun 24 |
Dividend per share | n/a |
Earnings per share | JP¥140.86 |
Dividend yield forecast in 3Y | 4.2% |
Recent dividend updates
Recent updates
Sumitomo Rubber Industries, Ltd. (TSE:5110) Shares Could Be 33% Below Their Intrinsic Value Estimate
Apr 29Sumitomo Rubber Industries (TSE:5110) Is Due To Pay A Dividend Of ¥29.00
Apr 11Sumitomo Rubber Industries' (TSE:5110) Solid Earnings Are Supported By Other Strong Factors
Apr 07Sumitomo Rubber Industries, Ltd. (TSE:5110) Doing What It Can To Lift Shares
Feb 29Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 5110's dividend payments have been volatile in the past 10 years.
Growing Dividend: 5110's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Sumitomo Rubber Industries Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (5110) | 3.1% |
Market Bottom 25% (JP) | 1.6% |
Market Top 25% (JP) | 3.2% |
Industry Average (Auto Components) | 2.7% |
Analyst forecast in 3 Years (5110) | 4.2% |
Notable Dividend: 5110's dividend (3.07%) is higher than the bottom 25% of dividend payers in the JP market (1.6%).
High Dividend: 5110's dividend (3.07%) is low compared to the top 25% of dividend payers in the JP market (3.22%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (23.6%), 5110's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (15.6%), 5110's dividend payments are well covered by cash flows.