Sumitomo Electric Industries Dividend
Dividend criteria checks 4/6
Sumitomo Electric Industries is a dividend paying company with a current yield of 3.09% that is well covered by earnings. Next payment date is on 2nd December, 2024 with an ex-dividend date of 27th September, 2024.
Key information
3.1%
Dividend yield
33%
Payout ratio
| Industry average yield | 3.4% |
| Next dividend pay date | 02 Dec 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | JP¥72.000 |
| Earnings per share | JP¥230.24 |
| Future Dividend Yield | 3.9% |
Recent dividend updates
Sumitomo Electric Industries' (TSE:5802) Dividend Will Be ¥36.00
Sep 06
Sumitomo Electric Industries (TSE:5802) Is Due To Pay A Dividend Of ¥36.00
Jul 25Sumitomo Electric Industries' (TSE:5802) Dividend Will Be ¥36.00
Jul 11Sumitomo Electric Industries' (TSE:5802) Shareholders Will Receive A Bigger Dividend Than Last Year
Feb 27Recent updates
Investors Met With Slowing Returns on Capital At Sumitomo Electric Industries (TSE:5802)
Oct 11Sumitomo Electric Industries' (TSE:5802) Dividend Will Be ¥36.00
Sep 06Sumitomo Electric Industries, Ltd.'s (TSE:5802) Shares Bounce 26% But Its Business Still Trails The Market
Sep 04These 4 Measures Indicate That Sumitomo Electric Industries (TSE:5802) Is Using Debt Reasonably Well
Aug 21Sumitomo Electric Industries, Ltd. Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year
Aug 03Sumitomo Electric Industries (TSE:5802) Is Due To Pay A Dividend Of ¥36.00
Jul 25Are Investors Undervaluing Sumitomo Electric Industries, Ltd. (TSE:5802) By 27%?
Jul 11Sumitomo Electric Industries' (TSE:5802) Dividend Will Be ¥36.00
Jul 11Sumitomo Electric Industries (TSE:5802) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of
May 21Sumitomo 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) | 1.8% |
| Market Top 25% (JP) | 3.8% |
| Industry Average (Auto Components) | 3.4% |
| Analyst forecast (5802) (up to 3 years) | 3.9% |
Notable Dividend: 5802's dividend (3.09%) is higher than the bottom 25% of dividend payers in the JP market (1.79%).
High Dividend: 5802's dividend (3.09%) is low compared to the top 25% of dividend payers in the JP market (3.78%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (33.4%), 5802's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (26.2%), 5802's dividend payments are well covered by cash flows.