Sumitomo Corp 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
 Price  1,366.00
 Dividend  70.08
 Earnings  155.23
 Cash-flow  262.69
 Book value  1,951.43
 Equity  2,126.44

Sumitomo Corp is part of Support Services business, which is part of Industrials industry. Sumitomo Corp is a company from Japan, and his stocks are publicly traded.

Sumitomo Corp paid a total dividend of 87,530 million JPY last year, for a market value of 1,706,134 millions (Market Cap 1,528,432 millions). Dividend per share of Sumitomo Corp is 70.08 JPY, and his stock market price 1,366.00 JPY.

According to the chart below, where dividend yield is displayed, Sumitomo Corp has a dividend yield of 5.13%, which is higher than the amount offered by both the market average and companies from Japan. It is also bigger than average of Industrials 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 Sumitomo Corp dividend yield with other Support Services companies or firms from Japan.

Dividend yield of Sumitomo Corp

Sumitomo Corp Dividend Payout

About the ability of Sumitomo Corp to maintain his current dividend of JPY 70.08 per share, an amount that accounts for 5.13%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Sumitomo Corp payout on ernings is currently 45.15%, which is higher than the market average, and companies of Industrials industry, which are 38.46% and 31.52% respectively. Both figures show that Sumitomo Corp 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 Corp is JPY 262.69 per share, which is higher than the dividend per share paid by the company of JPY 70.08, 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 Corp, compared againt world market average, Japan companies, Industrials industry and Support Services sector companies.

Sumitomo Corp payout

Sumitomo Corp Dividend History

Year Yield  JPY  Paypout  Shares* 

*In millions

Sumitomo Corp Stock performance

Finally, last moth Sumitomo Corp showed a return of 6.10% compared to a worldwide 3.99% average, and a 4.22% of Industrials firms. Over the last year, the company obtained a -15.90% versus a worldwide performance of a 6.44%. More detailed information can be seen in the following graph for Japan and Support Services firms.

Sumitomo Corp stock and market return

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