Sumitomo Mitsui Financial Group Dividends and Buybacks
Dividend criteria checks 4/6
Sumitomo Mitsui Financial Group is a dividend paying company with a current yield of 3.33% that is well covered by earnings.
Key information
3.3%
Dividend yield
-3.4%
Buyback Yield
| Total Shareholder Yield | -0.1% |
| Future Dividend Yield | 3.8% |
| Dividend Growth | 2.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | US$0.769 |
| Payout ratio | 39% |
Recent dividend and buyback updates
Recent updates
Sumitomo Mitsui: Many Ways To Win
Oct 18Sumitomo Mitsui: Spotlight On Above-Expectation Earnings And Positive ROE Outlook
Aug 06Sumitomo Mitsui: Multiple Positives
May 17Sumitomo Mitsui Financial: A Bright Future Ahead (Rating Upgrade)
Feb 25Sumitomo Mitsui Financial: Shares Are Fairly Valued
Dec 11Sumitomo Mitsui Financial: Taking Profits, Risk Reward Profile Less Attractive
Sep 14Sumitomo Mitsui Financial Group Aims For Streamlined Growth And Remains Undervalued
Jun 28Sumitomo Mitsui Financial Group: A More Favorable Outlook
Dec 25Sumitomo Mitsui Financial GAAP EPS of ¥383.10, net interest income of ¥1533.17B
Nov 14Sumitomo Mitsui Financial Group: Negatives Priced In, Offering Attractive Yield
Oct 02Sumitomo Mitsui Financial to bolster U.S. presence with digital consumer banking unit
Aug 24Sumitomo Mitsui Financial GAAP EPS of ¥184.08, revenue of ¥1.33T
Jul 29Sumitomo Mitsui Financial Group: Block Trading Scandal And Updated Performance
Jun 29Stability and Growth of Payments
Fetching dividends data
Stable Dividend: SMFG's dividends per share have been stable in the past 10 years.
Growing Dividend: SMFG'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) | 3.3% |
| Market Bottom 25% (US) | 1.3% |
| Market Top 25% (US) | 4.2% |
| Industry Average (Banks) | 2.5% |
| Analyst forecast (SMFG) (up to 3 years) | 3.8% |
Notable Dividend: SMFG's dividend (3.33%) is higher than the bottom 25% of dividend payers in the US market (1.34%).
High Dividend: SMFG's dividend (3.33%) is low compared to the top 25% of dividend payers in the US market (4.2%).
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (38.7%), SMFG'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.