Sumitomo Realty & Development Dividend
Dividend criteria checks 3/6
Sumitomo Realty & Development is a dividend paying company with a current yield of 1.11% that is well covered by earnings.
Key information
1.1%
Dividend yield
8%
Payout ratio
| Industry average yield | 2.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | JP¥362.73 |
| Dividend yield forecast in 3Y | 1.5% |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 8830's dividends per share have been stable in the past 10 years.
Growing Dividend: 8830's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Sumitomo Realty & Development Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (8830) | 1.1% |
| Market Bottom 25% (JP) | 1.6% |
| Market Top 25% (JP) | 3.2% |
| Industry Average (Real Estate) | 2.2% |
| Analyst forecast in 3 Years (8830) | 1.5% |
Notable Dividend: 8830's dividend (1.11%) isn’t notable compared to the bottom 25% of dividend payers in the JP market (1.59%).
High Dividend: 8830's dividend (1.11%) 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 (7.7%), 8830's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 8830 is paying a dividend but the company has no free cash flows.