Sumitomo Chemical 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  415.00
 Dividend  11.99
 Earnings  26.95
 Cash-flow  64.84
 Book value  592.86
 Equity  585.87

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

Sumitomo Chemical paid a total dividend of 19,604 million JPY last year, for a market value of 678,525 millions (Market Cap 624,787 millions). Dividend per share of Sumitomo Chemical is 11.99 JPY, and his stock market price 415.00 JPY.

According to the chart below, where dividend yield is displayed, Sumitomo Chemical has a dividend yield of 2.89%, which is similar to the amount offered by both the market average and companies from Japan. However, it is lower than the average of Basic Materials industry. The company should be deeply analized because dividend yields should be similar among companies from the same industry unless they carry an opposite strategy.

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

Dividend yield of Sumitomo Chemical

Sumitomo Chemical Dividend Payout

About the ability of Sumitomo Chemical to maintain his current dividend of JPY 11.99 per share, an amount that accounts for 2.89%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Sumitomo Chemical payout on ernings is currently 44.49%, which is higher than the market average, and companies of Basic Materials industry, which are 38.46% and 42.28% respectively. Both figures show that Sumitomo Chemical can have problems to keep with his present dividend yield.

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 Chemical is JPY 64.84 per share, which is higher than the dividend per share paid by the company of JPY 11.99, 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 Chemical, compared againt world market average, Japan companies, Basic Materials industry and Chemicals sector companies.

Sumitomo Chemical payout

Sumitomo Chemical Stock performance

Finally, last moth Sumitomo Chemical showed a return of 12.20% compared to a worldwide 3.99% average, and a 8.13% of Basic Materials firms. Over the last year, the company obtained a -16.70% versus a worldwide performance of a 6.44%. More detailed information can be seen in the following graph for Japan and Chemicals firms.

Sumitomo Chemical stock and market return

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