Sumitomo Dividends and Buybacks
Dividend criteria checks 4/6
Sumitomo is a dividend paying company with a current yield of 3.96% that is well covered by earnings.
Key information
4.0%
Dividend yield
1.3%
Buyback Yield
| Total Shareholder Yield | 5.2% |
| Future Dividend Yield | 4.5% |
| Dividend Growth | 1.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | US$0.853 |
| Payout ratio | 44% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: SSUM.Y's dividend payments have been volatile in the past 10 years.
Growing Dividend: SSUM.Y's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Sumitomo Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (SSUM.Y) | 4.0% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.3% |
| Industry Average (Trade Distributors) | 1.3% |
| Analyst forecast (SSUM.Y) (up to 3 years) | 4.5% |
Notable Dividend: SSUM.Y's dividend (3.96%) is higher than the bottom 25% of dividend payers in the US market (1.4%).
High Dividend: SSUM.Y's dividend (3.96%) is low compared to the top 25% of dividend payers in the US market (4.32%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (43.7%), SSUM.Y's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (44.2%), SSUM.Y's dividend payments are well covered by cash flows.