Sumitomo Seika Chemicals Company Dividends and Buybacks
Dividend criteria checks 5/6
Sumitomo Seika Chemicals Company is a dividend paying company with a current yield of 4.12% that is well covered by earnings. Next payment date is on 5th December, 2024 with an ex-dividend date of 27th September, 2024.
Key information
4.1%
Dividend yield
1.6%
Buyback Yield
| Total Shareholder Yield | 5.7% |
| Future Dividend Yield | n/a |
| Dividend Growth | 10.0% |
| Next dividend pay date | 05 Dec 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | JP¥200.000 |
| Payout ratio | 20% |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 4008's dividends per share have been stable in the past 10 years.
Growing Dividend: 4008's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Sumitomo Seika Chemicals Company Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (4008) | 4.1% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.8% |
| Industry Average (Chemicals) | 2.5% |
| Analyst forecast (4008) (up to 3 years) | n/a |
Notable Dividend: 4008's dividend (4.12%) is higher than the bottom 25% of dividend payers in the JP market (1.82%).
High Dividend: 4008's dividend (4.12%) is in the top 25% of dividend payers in the JP market (3.78%)
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (20.1%), 4008's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 4008 is paying a dividend but the company has no free cash flows.