Nippon Steel Sumitom Dividend yield

Nippon Steel Sumitom is part of Industrial Metals and Mining business, which is part of Basic Materials industry. Nippon Steel Sumitom is a company from Japan, and his stocks are publicly traded.

Nippon Steel Sumitom stock dividend

Nippon Steel Sumitom paid a total dividend of 165,716 million JPY last year, for a market value of 3,174,687 millions (Market Cap 2,809,719 millions). Nippon Steel Sumitom dividend per share is 179.93 JPY, and his stock market price 3,447.00 JPY.

According to the chart below, where dividend yield is displayed, Nippon Steel Sumitom has a dividend yield of 5.22%, which is higher than the amount offered by both the market average and companies from Japan. It is also bigger than average of Basic Materials industry. This high dividend yield might be a sign to worry about the future of the company so deeper analysis is needed.

In addition, you should compare Nippon Steel Sumitom stocks dividend with other Industrial Metals and Mining companies or other of the highest Japan dividend stocks list.

Nippon Steel Sumitom Dividend Payout

About the ability of Nippon Steel Sumitom to maintain his current dividend of JPY 179.93 per share, an amount that accounts for 5.22%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Nippon Steel Sumitom payout on ernings is currently 22.97%, which is lower than the market average and companies of Basic Materials industry, which are 39.34% and 38.07% respectively. Both figures lead us to believe that there is confidence that Nippon Steel Sumitomcan maintain his current dividend.

The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of Nippon Steel Sumitom is JPY 718.13 per share, which is higher than the dividend per share paid by the company of JPY 179.93, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Nippon Steel Sumitom, compared againt world market average, Japan companies, Basic Materials industry and Industrial Metals and Mining sector companies.

Nippon Steel Sumitom Dividend History

Below you will find a table with the historical evolution of Nippon Steel Sumitom's dividend stock, both in percentage and in JPY, its Payout on Earnings and the number of shares (in case there is an split, number shares altered the dividend per share).

Year	Yield	JPY	Paypout	Shares*
Present	5.22%	179.93	22.97%	921
2022	7.85%	179.92	25.12%	921
2021	4.26%	80.05	0.00%	921
2020	0.00%	0.00	0.00%	921
2019	3.02%	49.95	16.91%	921
2018	4.23%	80.07	37.64%	915
2017	2.59%	74.88	50.51%	883
2016	0.61%	14.96	8.66%	883
2015	1.54%	38.08	15.55%	912

*In millions

Then you can see the evolution of Nippon Steel Sumitom dividend stock, and compare it with the average of Japan stocks and that of the Industrial Metals and Mining stocks.

Nippon Steel Sumitom Stock performance

Finally, last moth Nippon Steel Sumitom showed a return of 6.20% compared to a worldwide -2.49% average, and a -3.66% of Basic Materials firms. Over the last year, the company obtained a 56.10% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Japan and Industrial Metals and Mining firms.