Sumitomo DensetsuLtd Dividend
Dividend criteria checks 5/6
Sumitomo DensetsuLtd is a dividend paying company with a current yield of 2.68% that is well covered by earnings.
Key information
2.7%
Dividend yield
40%
Payout ratio
Industry average yield | 2.8% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | JP¥243.13 |
Dividend yield forecast in 3Y | 2.8% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 1949's dividends per share have been stable in the past 10 years.
Growing Dividend: 1949's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Sumitomo DensetsuLtd Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (1949) | 2.7% |
Market Bottom 25% (JP) | 1.6% |
Market Top 25% (JP) | 3.2% |
Industry Average (Construction) | 2.8% |
Analyst forecast in 3 Years (1949) | 2.8% |
Notable Dividend: 1949's dividend (2.68%) is higher than the bottom 25% of dividend payers in the JP market (1.59%).
High Dividend: 1949's dividend (2.68%) 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 (40.3%), 1949's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (85.2%), 1949's dividend payments are covered by cash flows.