Sumitomo Heavy Industries Dividends and Buybacks
Dividend criteria checks 4/6
Sumitomo Heavy Industries is a dividend paying company with a current yield of 4.04% 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
4.0%
Dividend yield
2.6%
Buyback Yield
| Total Shareholder Yield | 6.6% |
| Future Dividend Yield | 5.0% |
| 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
There May Be Some Bright Spots In Sumitomo Heavy Industries' (TSE:6302) Earnings
Nov 07
Returns 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 24Upcoming Dividend Payment
Stability 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) | 4.0% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.8% |
| Industry Average (Machinery) | 2.2% |
| Analyst forecast (6302) (up to 3 years) | 5.0% |
Notable Dividend: 6302's dividend (4.04%) is higher than the bottom 25% of dividend payers in the JP market (1.83%).
High Dividend: 6302's dividend (4.04%) is in the top 25% of dividend payers in the JP market (3.85%)
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 | 2024/12/23 01:33 |
| End of Day Share Price | 2024/12/23 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 |
|
* 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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
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 |