Sumitomo Bakelite Dividend
Dividend criteria checks 3/6
Sumitomo Bakelite is a dividend paying company with a current yield of 1.56% that is well covered by earnings.
Key information
1.6%
Dividend yield
30%
Payout ratio
| Industry average yield | 2.1% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | JP¥237.98 |
| Dividend yield forecast in 3Y | 2.2% |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 4203's dividend payments have been volatile in the past 10 years.
Growing Dividend: 4203's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Sumitomo Bakelite Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (4203) | 1.6% |
| Market Bottom 25% (JP) | 1.6% |
| Market Top 25% (JP) | 3.2% |
| Industry Average (Chemicals) | 2.1% |
| Analyst forecast in 3 Years (4203) | 2.2% |
Notable Dividend: 4203's dividend (1.56%) isn’t notable compared to the bottom 25% of dividend payers in the JP market (1.59%).
High Dividend: 4203's dividend (1.56%) is low compared to the top 25% of dividend payers in the JP market (3.2%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (29.6%), 4203's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (35%), 4203's dividend payments are well covered by cash flows.