Sumitomo Electric Industries Dividend
Dividend criteria checks 4/6
Sumitomo Electric Industries is a dividend paying company with a current yield of 3.08% that is well covered by earnings.
Key information
3.1%
Dividend yield
29%
Payout ratio
Industry average yield | 2.7% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | JP¥172.20 |
Dividend yield forecast in 3Y | 3.7% |
Recent dividend updates
Recent updates
Sumitomo Electric Industries, Ltd.'s (TSE:5802) Popularity With Investors Is Under Threat From Overpricing
Apr 24We Think Sumitomo Electric Industries (TSE:5802) Can Stay On Top Of Its Debt
Apr 08Calculating The Intrinsic Value Of Sumitomo Electric Industries, Ltd. (TSE:5802)
Mar 13Sumitomo Electric Industries' (TSE:5802) Shareholders Will Receive A Bigger Dividend Than Last Year
Feb 27Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 5802's dividend payments have been volatile in the past 10 years.
Growing Dividend: 5802's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Sumitomo Electric Industries Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (5802) | 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 (5802) | 3.7% |
Notable Dividend: 5802's dividend (3.08%) is higher than the bottom 25% of dividend payers in the JP market (1.6%).
High Dividend: 5802's dividend (3.08%) is low compared to the top 25% of dividend payers in the JP market (3.22%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (29%), 5802's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (31.8%), 5802's dividend payments are well covered by cash flows.