Sumitomo Heavy Industries Dividend
Dividend criteria checks 4/6
Sumitomo Heavy Industries is a dividend paying company with a current yield of 2.95% that is well covered by earnings.
Key information
3.0%
Dividend yield
41%
Payout ratio
| Industry average yield | 2.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | JP¥295.64 |
| Dividend yield forecast in 3Y | 4.2% |
Recent dividend updates
Recent updates
A Piece Of The Puzzle Missing From Sumitomo Heavy Industries, Ltd.'s (TSE:6302) Share Price
Jun 07
Here'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) | 3.0% |
| Market Bottom 25% (JP) | 1.7% |
| Market Top 25% (JP) | 3.4% |
| Industry Average (Machinery) | 2.5% |
| Analyst forecast in 3 Years (6302) | 4.2% |
Notable Dividend: 6302's dividend (2.95%) is higher than the bottom 25% of dividend payers in the JP market (1.69%).
High Dividend: 6302's dividend (2.95%) is low compared to the top 25% of dividend payers in the JP market (3.4%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (41.4%), 6302's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (58%), 6302's dividend payments are covered by cash flows.