Sumitomo Bakelite Dividend yield




A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z
   JPY per share 
 Price  2,808.00
 Dividend  74.97
 Earnings  199.15
 Cash-flow  468.00
 Book value  4,011.43
 Equity  3,757.55

Sumitomo Bakelite is part of Chemicals business, which is part of Basic Materials industry. Sumitomo Bakelite is a company from Japan, and his stocks are publicly traded.

Sumitomo Bakelite paid a total dividend of 3,524 million JPY last year, for a market value of 131,976 millions (Market Cap 89,672 millions). Dividend per share of Sumitomo Bakelite is 74.97 JPY, and his stock market price 2,808.00 JPY.

According to the chart below, where dividend yield is displayed, Sumitomo Bakelite has a dividend yield of 2.67%, lower than the amount offered by both the market average and companies from Japan. It is also lower than average of Basic Materials industry. This low dividend yield might has several explanations: company overpriced, expanding their business,...

In addition, you should compare Sumitomo Bakelite dividend yield with other Chemicals companies or firms from Japan.

Dividend yield of Sumitomo Bakelite

Sumitomo Bakelite Dividend Payout

About the ability of Sumitomo Bakelite to maintain his current dividend of JPY 74.97 per share, an amount that accounts for 2.67%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Sumitomo Bakelite payout on ernings is currently 37.64%, which is lower than the market average and companies of Basic Materials industry, which are 37.66% and 45.45% respectively. Both figures lead us to believe that there is confidence that Sumitomo Bakelitecan 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 Sumitomo Bakelite is JPY 468.00 per share, which is higher than the dividend per share paid by the company of JPY 74.97, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Sumitomo Bakelite, compared againt world market average, Japan companies, Basic Materials industry and Chemicals sector companies.

Sumitomo Bakelite payout

Sumitomo Bakelite Stock performance

Finally, last moth Sumitomo Bakelite showed a return of 10.50% compared to a worldwide 4.36% average, and a 6.04% of Basic Materials firms. Over the last year, the company obtained a -26.00% versus a worldwide performance of a 2.14%. More detailed information can be seen in the following graph for Japan and Chemicals firms.

Sumitomo Bakelite stock and market return

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