Sumitomo Forestry Dividend
Dividend criteria checks 4/6
Sumitomo Forestry is a dividend paying company with a current yield of 2.33% that is well covered by earnings. Next payment date is on 12th September, 2024 with an ex-dividend date of 27th June, 2024.
Key information
2.3%
Dividend yield
13%
Payout ratio
| Industry average yield | 1.7% |
| Next dividend pay date | 12 Sep 24 |
| Ex dividend date | 27 Jun 24 |
| Dividend per share | n/a |
| Earnings per share | JP¥539.00 |
| Dividend yield forecast in 3Y | 2.8% |
Recent dividend updates
Sumitomo Forestry (TSE:1911) Is Due To Pay A Dividend Of ¥65.00
Apr 26
Sumitomo Forestry's (TSE:1911) Dividend Will Be ¥65.00
Apr 11Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 1911's dividend payments have been volatile in the past 10 years.
Growing Dividend: 1911's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Sumitomo Forestry Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (1911) | 2.3% |
| Market Bottom 25% (JP) | 1.6% |
| Market Top 25% (JP) | 3.2% |
| Industry Average (Consumer Durables) | 1.7% |
| Analyst forecast in 3 Years (1911) | 2.8% |
Notable Dividend: 1911's dividend (2.33%) is higher than the bottom 25% of dividend payers in the JP market (1.59%).
High Dividend: 1911's dividend (2.33%) is low compared to the top 25% of dividend payers in the JP market (3.22%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (13.5%), 1911's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (27.7%), 1911's dividend payments are well covered by cash flows.