Sumitomo Realty & Development Dividend
Dividend criteria checks 4/6
Sumitomo Realty & Development is a dividend paying company with a current yield of 1.38% that is well covered by earnings. Next payment date is on 4th December, 2024 with an ex-dividend date of 27th September, 2024.
Key information
1.4%
Dividend yield
16%
Payout ratio
| Industry average yield | 2.5% |
| Next dividend pay date | 04 Dec 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | n/a |
| Earnings per share | JP¥373.83 |
| Dividend yield forecast in 3Y | 1.8% |
Recent dividend updates
Recent updates
Is Now An Opportune Moment To Examine Sumitomo Realty & Development Co., Ltd. (TSE:8830)?
Jul 11
Sumitomo Realty & Development's (TSE:8830) Dividend Will Be Increased To ¥35.00
Jul 11Do Sumitomo Realty & Development's (TSE:8830) Earnings Warrant Your Attention?
May 31The Sumitomo Realty & Development Co., Ltd. (TSE:8830) Yearly Results Are Out And Analysts Have Published New Forecasts
May 14These 4 Measures Indicate That Sumitomo Realty & Development (TSE:8830) Is Using Debt Extensively
Apr 15Earnings Not Telling The Story For Sumitomo Realty & Development Co., Ltd. (TSE:8830) After Shares Rise 26%
Mar 29Upcoming Dividend Payment
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) | 1.4% |
| Market Bottom 25% (JP) | 1.7% |
| Market Top 25% (JP) | 3.4% |
| Industry Average (Real Estate) | 2.5% |
| Analyst forecast in 3 Years (8830) | 1.8% |
Notable Dividend: 8830's dividend (1.38%) isn’t notable compared to the bottom 25% of dividend payers in the JP market (1.68%).
High Dividend: 8830's dividend (1.38%) is low compared to the top 25% of dividend payers in the JP market (3.43%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (16.1%), 8830's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (76%), 8830's dividend payments are covered by cash flows.