Sumitomo Warehouse Dividend
Dividend criteria checks 4/6
Sumitomo Warehouse is a dividend paying company with a current yield of 3.88% that is well covered by earnings.
Key information
3.9%
Dividend yield
63%
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¥160.97 |
| Dividend yield forecast in 3Y | 4.0% |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 9303's dividend payments have been volatile in the past 10 years.
Growing Dividend: 9303's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Sumitomo Warehouse Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (9303) | 3.9% |
| Market Bottom 25% (JP) | 1.6% |
| Market Top 25% (JP) | 3.2% |
| Industry Average (Infrastructure) | 2.2% |
| Analyst forecast in 3 Years (9303) | 4.0% |
Notable Dividend: 9303's dividend (3.88%) is higher than the bottom 25% of dividend payers in the JP market (1.61%).
High Dividend: 9303's dividend (3.88%) is in the top 25% of dividend payers in the JP market (3.24%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (63.4%), 9303's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 9303 is paying a dividend but the company has no free cash flows.