Sumitomo Dainippon P Dividend yield

Sumitomo Dainippon P is part of Pharmaceuticals and Biotechnology business, which is part of Health Care industry. Sumitomo Dainippon P is a company from Japan, and his stocks are publicly traded.

Sumitomo Dainippon P stock dividend

Sumitomo Dainippon P paid a total dividend of 8,345 million JPY last year, for a market value of 202,073 millions (Market Cap 84,304 millions). Sumitomo Dainippon P dividend per share is 21.02 JPY, and his stock market price 509.00 JPY.

According to the chart below, where dividend yield is displayed, Sumitomo Dainippon P has a dividend yield of 4.13%, which is higher than the amount offered by both the market average and companies from Japan. It is also bigger than average of Health Care 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 Dainippon P stocks dividend with other Pharmaceuticals and Biotechnology companies or other of the high Japan dividend stocks list.

Sumitomo Dainippon P Dividend Payout

About the ability of Sumitomo Dainippon P to maintain his current dividend of JPY 21.02 per share, an amount that accounts for 4.13%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Sumitomo Dainippon P payout on ernings is currently -18.58%, which is lower than the market average and companies of Health Care industry, which are 39.34% and 23.54% respectively. Both figures lead us to believe that there is confidence that Sumitomo Dainippon Pcan 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 Dainippon P is JPY 27.22 per share, which is higher than the dividend per share paid by the company of JPY 21.02, 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 Dainippon P, compared againt world market average, Japan companies, Health Care industry and Pharmaceuticals and Biotechnology sector companies.

Sumitomo Dainippon P Dividend History

Below you will find a table with the historical evolution of Sumitomo Dainippon P'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	4.13%	21.02	-18.58%	397
2022	2.80%	27.97	13.44%	397
2021	2.11%	27.96	16.25%	397
2020	1.84%	28.02	23.37%	397
2019	1.55%	33.02	23.72%	397
2018	0.52%	18.17	12.32%	397
2017	1.08%	18.08	24.73%	397
2016	0.96%	17.94	23.23%	398
2015	1.22%	18.07	34.41%	398

*In millions

Then you can see the evolution of Sumitomo Dainippon P dividend stock, and compare it with the average of Japan stocks and that of the Pharmaceuticals and Biotechnology stocks.

Sumitomo Dainippon P Stock performance

Finally, last moth Sumitomo Dainippon P showed a return of -13.70% compared to a worldwide -2.49% average, and a -2.07% of Health Care firms. Over the last year, the company obtained a -51.10% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Japan and Pharmaceuticals and Biotechnology firms.