Sumitomo Bakelite Dividend
Dividend criteria checks 4/6
Sumitomo Bakelite is a dividend paying company with a current yield of 2.29% that is well covered by earnings. Next payment date is on 2nd December, 2024 with an ex-dividend date of 27th September, 2024.
Key information
2.3%
Dividend yield
0.5%
Buyback Yield
| Total Shareholder Yield | 2.8% |
| Future Dividend Yield | 3.3% |
| Dividend Growth | 0.7% |
| Next dividend pay date | 02 Dec 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | JP¥90.000 |
| Payout ratio | 30% |
Recent dividend updates
Sumitomo Bakelite's (TSE:4203) Dividend Will Be Increased To ¥80.00
Mar 17
Sumitomo Bakelite (TSE:4203) Has Announced That It Will Be Increasing Its Dividend To ¥80.00
Mar 03Recent updates
These 4 Measures Indicate That Sumitomo Bakelite (TSE:4203) Is Using Debt Safely
Nov 04Sumitomo Bakelite Company Limited (TSE:4203) Shares Could Be 28% Below Their Intrinsic Value Estimate
Oct 06Here's Why We Think Sumitomo Bakelite (TSE:4203) Is Well Worth Watching
Sep 21At JP¥3,660, Is Sumitomo Bakelite Company Limited (TSE:4203) Worth Looking At Closely?
Sep 07Sumitomo Bakelite Company Limited (TSE:4203) Stock's 32% Dive Might Signal An Opportunity But It Requires Some Scrutiny
Aug 05These 4 Measures Indicate That Sumitomo Bakelite (TSE:4203) Is Using Debt Reasonably Well
Jul 12Estimating The Fair Value Of Sumitomo Bakelite Company Limited (TSE:4203)
Jun 24Is Now An Opportune Moment To Examine Sumitomo Bakelite Company Limited (TSE:4203)?
Jun 08Sumitomo Bakelite Company Limited's (TSE:4203) Share Price Could Signal Some Risk
May 24Sumitomo Bakelite's (TSE:4203) Dividend Will Be Increased To ¥80.00
Mar 17Sumitomo Bakelite (TSE:4203) Has Announced That It Will Be Increasing Its Dividend To ¥80.00
Mar 03Is Sumitomo Bakelite (TSE:4203) A Risky Investment?
Feb 29Stability 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) | 2.3% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.8% |
| Industry Average (Chemicals) | 2.4% |
| Analyst forecast (4203) (up to 3 years) | 3.3% |
Notable Dividend: 4203's dividend (2.29%) is higher than the bottom 25% of dividend payers in the JP market (1.83%).
High Dividend: 4203's dividend (2.29%) is low compared to the top 25% of dividend payers in the JP market (3.82%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (30.2%), 4203's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (39.7%), 4203's dividend payments are well covered by cash flows.