Sumitomo Electric In Dividend yield




   JPY/share 
 Price  1,786.00
 Dividend  50.01
 Earnings  144.03
 Cash-flow  336.98
 Book value  2,551.43
 Equity  2,361.15

Sumitomo Electric In is part of Automobiles and Parts business, which is part of Consumer Goods industry. Sumitomo Electric In is a company from Japan, and his stocks are publicly traded.

Sumitomo Electric In stock dividend

Sumitomo Electric In paid a total dividend of 39,008 million JPY last year, for a market value of 1,393,080 millions (Market Cap 1,341,363 millions). Sumitomo Electric In dividend per share is 50.01 JPY, and his stock market price 1,786.00 JPY.

According to the chart below, where dividend yield is displayed, Sumitomo Electric In has a dividend yield of 2.80%, lower than the amount offered by both the market average and companies from Japan. It is also lower than average of Consumer Goods industry. This low dividend yield might has several explanations: company overpriced, expanding their business,...

In addition, you should compare Sumitomo Electric In stocks dividend with other Automobiles and Parts companies or other of the high Japan dividend stocks list.

Dividend yield of Sumitomo Electric In

Sumitomo Electric In Dividend Payout

About the ability of Sumitomo Electric In to maintain his current dividend of JPY 50.01 per share, an amount that accounts for 2.80%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Sumitomo Electric In payout on ernings is currently 34.72%, which is lower than the market average and companies of Consumer Goods industry, which are 39.34% and 40.18% respectively. Both figures lead us to believe that there is confidence that Sumitomo Electric Incan 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 Electric In is JPY 336.98 per share, which is higher than the dividend per share paid by the company of JPY 50.01, 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 Electric In, compared againt world market average, Japan companies, Consumer Goods industry and Automobiles and Parts sector companies.

Sumitomo Electric In payout

Sumitomo Electric In Dividend History

Below you will find a table with the historical evolution of Sumitomo Electric In'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* 
Present2.80%50.0134.72%780
20223.32%49.9740.51%780
20212.73%40.9556.78%780
20202.34%31.9934.40%780
20192.91%48.0731.72%780
20183.35%48.9831.83%780
20172.05%39.0528.29%780
20162.18%34.9528.78%779
20152.00%35.0422.20%790

*In millions

Then you can see the evolution of Sumitomo Electric In dividend stock, and compare it with the average of Japan stocks and that of the Automobiles and Parts stocks.

Sumitomo Electric In stock dividend history

Sumitomo Electric In Stock performance

Finally, last moth Sumitomo Electric In showed a return of -1.90% compared to a worldwide -2.49% average, and a -1.86% of Consumer Goods firms. Over the last year, the company obtained a 11.40% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Japan and Automobiles and Parts firms.

Sumitomo Electric In stock and market return