Sumitomo DensetsuLtd Dividends and Buybacks
Dividend criteria checks 5/6
Sumitomo DensetsuLtd is a dividend paying company with a current yield of 2.52% 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
2.5%
Dividend yield
0.6%
Buyback Yield
| Total Shareholder Yield | 3.1% |
| Future Dividend Yield | 2.6% |
| Dividend Growth | 4.1% |
| Next dividend pay date | 03 Dec 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | JP¥120.000 |
| Payout ratio | 35% |
Recent dividend and buyback updates
Recent updates
Sumitomo Densetsu Co.,Ltd. (TSE:1949) Stock Rockets 27% As Investors Are Less Pessimistic Than Expected
Sep 27
Why Investors Shouldn't Be Surprised By Sumitomo Densetsu Co.,Ltd.'s (TSE:1949) Low P/E
Jun 08Sumitomo DensetsuLtd's (TSE:1949) Solid Earnings May Rest On Weak Foundations
May 21Returns On Capital At Sumitomo DensetsuLtd (TSE:1949) Paint A Concerning Picture
May 09Stability 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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (1949) | 2.5% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.9% |
| Industry Average (Construction) | 3.4% |
| Analyst forecast (1949) (up to 3 years) | 2.6% |
Notable Dividend: 1949's dividend (2.52%) is higher than the bottom 25% of dividend payers in the JP market (1.84%).
High Dividend: 1949's dividend (2.52%) is low compared to the top 25% of dividend payers in the JP market (3.85%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (35%), 1949's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (54.4%), 1949's dividend payments are covered by cash flows.