Sumitomo Mitsui Financial Group Dividend
Dividend criteria checks 4/6
Sumitomo Mitsui Financial Group is a dividend paying company with a current yield of 3.24% 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
3.2%
Dividend yield
36%
Payout ratio
Industry average yield | 3.2% |
Next dividend pay date | 02 Dec 24 |
Ex dividend date | 27 Sep 24 |
Dividend per share | JP¥330.000 |
Earnings per share | JP¥761.58 |
Dividend yield forecast in 3Y | 3.8% |
Recent dividend updates
Sumitomo 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 12Sumitomo 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 08Recent updates
Sumitomo 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 08Upcoming Dividend Payment
Stability 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 |
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Segment | Dividend Yield |
---|---|
Company (8316) | 3.2% |
Market Bottom 25% (JP) | 1.8% |
Market Top 25% (JP) | 3.7% |
Industry Average (Banks) | 3.2% |
Analyst forecast in 3 Years (8316) | 3.8% |
Notable Dividend: 8316's dividend (3.24%) is higher than the bottom 25% of dividend payers in the JP market (1.83%).
High Dividend: 8316's dividend (3.24%) is low compared to the top 25% of dividend payers in the JP market (3.73%).
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (35.8%), 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.