Sumitomo Mitsui Financial Group Dividend
Dividend criteria checks 4/6
Sumitomo Mitsui Financial Group is a dividend paying company with a current yield of 3.2% that is well covered by earnings.
Key information
3.2%
Dividend yield
37%
Payout ratio
| Industry average yield | 4.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | Mex$1.799 |
| Earnings per share | Mex$713.08 |
| Dividend yield forecast | 3.6% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: SMFG N's dividends per share have been stable in the past 10 years.
Growing Dividend: SMFG N's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Sumitomo Mitsui Financial Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (SMFG N) | 3.2% |
| Market Bottom 25% (MX) | 2.2% |
| Market Top 25% (MX) | 7.1% |
| Industry Average (Banks) | 4.7% |
| Analyst forecast (SMFG N) (up to 3 years) | 3.6% |
Notable Dividend: SMFG N's dividend (3.2%) is higher than the bottom 25% of dividend payers in the MX market (2.29%).
High Dividend: SMFG N's dividend (3.2%) is low compared to the top 25% of dividend payers in the MX market (6.45%).
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (37%), SMFG N's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years or that it will be covered by earnings.