Sumitomo Forestry Dividend yield

Sumitomo Forestry is part of Household Goods and Home Constr. business, which is part of Consumer Goods industry. Sumitomo Forestry is a company from Japan, and his stocks are publicly traded.

Sumitomo Forestry stock dividend

Sumitomo Forestry paid a total dividend of 24,964 million JPY last year, for a market value of 821,200 millions (Market Cap 559,669 millions). Sumitomo Forestry dividend per share is 124.82 JPY, and his stock market price 4,106.00 JPY.

According to the chart below, where dividend yield is displayed, Sumitomo Forestry has a dividend yield of 3.04%, which is lower than the amount offered by the market average , but bigger than Consumer Goods industry. Dividend yields are similar among companies from the same industry, so it is a positive sign for the company.

In addition, you should compare Sumitomo Forestry stocks dividend with other Household Goods and Home Constr. companies or other of the high Japan dividend stocks list.

Sumitomo Forestry Dividend Payout

About the ability of Sumitomo Forestry to maintain his current dividend of JPY 124.82 per share, an amount that accounts for 3.04%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Sumitomo Forestry payout on ernings is currently 23.10%, 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 Forestrycan 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 Forestry is JPY 277.43 per share, which is higher than the dividend per share paid by the company of JPY 124.82, 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 Forestry, compared againt world market average, Japan companies, Consumer Goods industry and Household Goods and Home Constr. sector companies.

Sumitomo Forestry Dividend History

Below you will find a table with the historical evolution of Sumitomo Forestry'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	3.04%	124.82	23.10%	200
2022	5.36%	125.05	28.41%	200
2021	3.14%	69.90	34.23%	200
2020	1.39%	29.94	19.46%	181
2019	2.48%	40.05	24.80%	181
2018	2.78%	40.03	24.18%	181
2017	1.98%	39.92	20.40%	177
2016	1.73%	27.07	40.13%	176
2015	1.45%	24.04	20.59%	176

*In millions

Then you can see the evolution of Sumitomo Forestry dividend stock, and compare it with the average of Japan stocks and that of the Household Goods and Home Constr. stocks.

Sumitomo Forestry Stock performance

Finally, last moth Sumitomo Forestry showed a return of 19.70% compared to a worldwide -2.49% average, and a -1.86% of Consumer Goods firms. Over the last year, the company obtained a 73.20% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Japan and Household Goods and Home Constr. firms.