Sumitomo Mitsui Trust Group Dividends and Buybacks
Dividend criteria checks 4/6
Sumitomo Mitsui Trust Group is a dividend paying company with a current yield of 3.61% that is well covered by earnings. Next payment date is on 3rd December, 2024 with an ex-dividend date of 27th September, 2024.
Key information
3.6%
Dividend yield
0.8%
Buyback Yield
| Total Shareholder Yield | 4.4% |
| Future Dividend Yield | 4.2% |
| Dividend Growth | 4.7% |
| Next dividend pay date | 03 Dec 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | JP¥135.000 |
| Payout ratio | 53% |
Recent dividend and buyback updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 8309's dividends per share have been stable in the past 10 years.
Growing Dividend: 8309's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Sumitomo Mitsui Trust Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (8309) | 3.6% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.8% |
| Industry Average (Banks) | 3.1% |
| Analyst forecast (8309) (up to 3 years) | 4.2% |
Notable Dividend: 8309's dividend (3.61%) is higher than the bottom 25% of dividend payers in the JP market (1.83%).
High Dividend: 8309's dividend (3.61%) is low compared to the top 25% of dividend payers in the JP market (3.79%).
Current Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (52.7%), 8309's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years or that it will be covered by earnings.