Sumitomo Mitsui Financial Group Dividends and Buybacks
Dividend criteria checks 4/6
Sumitomo Mitsui Financial Group is a dividend paying company with a current yield of 3.27% 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
3.3%
Dividend yield
-3.5%
Buyback Yield
| Total Shareholder Yield | -0.2% |
| Future Dividend Yield | 3.7% |
| Dividend Growth | 2.0% |
| Next dividend pay date | 03 Dec 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | JP¥120.000 |
| Payout ratio | 39% |
Recent dividend and buyback updates
Sumitomo Mitsui Financial Group's (TSE:8316) Upcoming Dividend Will Be Larger Than Last Year's
Sep 26
Sumitomo Mitsui Financial Group (TSE:8316) Will Pay A Larger Dividend Than Last Year At ¥165.00
Aug 19Sumitomo Mitsui Financial Group (TSE:8316) Is Increasing Its Dividend To ¥165.00
Jul 26Sumitomo Mitsui Financial Group (TSE:8316) Has Announced That It Will Be Increasing Its Dividend To ¥165.00
Jul 12Recent updates
Sumitomo Mitsui Financial Group's (TSE:8316) Upcoming Dividend Will Be Larger Than Last Year's
Sep 26Sumitomo Mitsui Financial Group (TSE:8316) Will Pay A Larger Dividend Than Last Year At ¥165.00
Aug 19Sumitomo Mitsui Financial Group (TSE:8316) Is Increasing Its Dividend To ¥165.00
Jul 26Sumitomo Mitsui Financial Group (TSE:8316) Has Announced That It Will Be Increasing Its Dividend To ¥165.00
Jul 12We Ran A Stock Scan For Earnings Growth And Sumitomo Mitsui Financial Group (TSE:8316) Passed With Ease
Jun 25Sumitomo Mitsui Financial Group (TSE:8316) Has Announced A Dividend Of ¥135.00
Mar 22Sumitomo Mitsui Financial Group's (TSE:8316) Dividend Will Be ¥135.00
Mar 08Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 8316's dividends per share have been stable in the past 10 years.
Growing Dividend: 8316's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Sumitomo Mitsui Financial Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (8316) | 3.3% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.8% |
| Industry Average (Banks) | 3.5% |
| Analyst forecast (8316) (up to 3 years) | 3.7% |
Notable Dividend: 8316's dividend (3.27%) is higher than the bottom 25% of dividend payers in the JP market (1.84%).
High Dividend: 8316's dividend (3.27%) is low compared to the top 25% of dividend payers in the JP market (3.8%).
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (38.7%), 8316's dividend payments are well 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.