Sumida Dividend
Dividend criteria checks 5/6
Sumida is a dividend paying company with a current yield of 4.59% that is well covered by earnings. Next payment date is on 28th August, 2024 with an ex-dividend date of 27th June, 2024.
Key information
4.6%
Dividend yield
30%
Payout ratio
Industry average yield | 1.5% |
Next dividend pay date | 28 Aug 24 |
Ex dividend date | 27 Jun 24 |
Dividend per share | n/a |
Earnings per share | JP¥155.20 |
Dividend yield forecast in 3Y | n/a |
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 6817's dividend payments have been volatile in the past 10 years.
Growing Dividend: 6817's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Sumida Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (6817) | 4.6% |
Market Bottom 25% (JP) | 1.6% |
Market Top 25% (JP) | 3.2% |
Industry Average (Electronic) | 1.5% |
Analyst forecast in 3 Years (6817) | n/a |
Notable Dividend: 6817's dividend (4.59%) is higher than the bottom 25% of dividend payers in the JP market (1.61%).
High Dividend: 6817's dividend (4.59%) is in the top 25% of dividend payers in the JP market (3.24%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (30.5%), 6817's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (24.6%), 6817's dividend payments are well covered by cash flows.