Sumitomo Heavy Industries Dividends and Buybacks
Dividend criteria checks 4/6
Sumitomo Heavy Industries is a dividend paying company with a current yield of 4.08% that is well covered by earnings. Next payment date is on 31st March, 2025 with an ex-dividend date of 27th December, 2024.
Key information
4.1%
Dividend yield
2.6%
Buyback Yield
| Total Shareholder Yield | 6.7% |
| Future Dividend Yield | 5.8% |
| Dividend Growth | 5.4% |
| Next dividend pay date | 31 Mar 25 |
| Ex dividend date | 27 Dec 24 |
| Dividend per share | JP¥130.000 |
| Payout ratio | 64% |
Recent dividend and buyback updates
Recent updates
Sumitomo Heavy Industries (TSE:6302) Has A Somewhat Strained Balance Sheet
Jan 07
There May Be Some Bright Spots In Sumitomo Heavy Industries' (TSE:6302) Earnings
Nov 07Returns On Capital Signal Tricky Times Ahead For Sumitomo Heavy Industries (TSE:6302)
Oct 14Is Sumitomo Heavy Industries (TSE:6302) Using Too Much Debt?
Sep 20Sumitomo Heavy Industries, Ltd. (TSE:6302) Shares Could Be 29% Below Their Intrinsic Value Estimate
Aug 29Positive Sentiment Still Eludes Sumitomo Heavy Industries, Ltd. (TSE:6302) Following 29% Share Price Slump
Aug 05When Should You Buy Sumitomo Heavy Industries, Ltd. (TSE:6302)?
Jul 11A Piece Of The Puzzle Missing From Sumitomo Heavy Industries, Ltd.'s (TSE:6302) Share Price
Jun 07Here's What's Concerning About Sumitomo Heavy Industries' (TSE:6302) Returns On Capital
Apr 24Sumitomo Heavy Industries (TSE:6302) Has A Pretty Healthy Balance Sheet
Apr 08Is Now The Time To Look At Buying Sumitomo Heavy Industries, Ltd. (TSE:6302)?
Mar 24Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 6302's dividend payments have been volatile in the past 10 years.
Growing Dividend: 6302's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Sumitomo Heavy Industries Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (6302) | 4.1% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.8% |
| Industry Average (Machinery) | 2.2% |
| Analyst forecast (6302) (up to 3 years) | 5.8% |
Notable Dividend: 6302's dividend (4.08%) is higher than the bottom 25% of dividend payers in the JP market (1.83%).
High Dividend: 6302's dividend (4.08%) is in the top 25% of dividend payers in the JP market (3.82%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (64.2%), 6302's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 6302 is paying a dividend but the company has no free cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/23 20:49 |
| End of Day Share Price | 2025/01/23 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Sumitomo Heavy Industries, Ltd. is covered by 23 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Kunio Sakaida | Barclays |
| Christopher Cintavey | BNP Paribas Securities (Asia) |
| Takahiro Mori | BofA Global Research |