Sumitomo Heavy Ind Dividend yield

Sumitomo Heavy Ind is part of Industrial Engineering business, which is part of Industrials industry. Sumitomo Heavy Ind is a company from Japan, and his stocks are publicly traded.

Sumitomo Heavy Ind stock dividend

Sumitomo Heavy Ind paid a total dividend of 12,895 million JPY last year, for a market value of 449,319 millions (Market Cap 410,739 millions). Sumitomo Heavy Ind dividend per share is 104.84 JPY, and his stock market price 3,653.00 JPY.

According to the chart below, where dividend yield is displayed, Sumitomo Heavy Ind has a dividend yield of 2.87%, lower than the amount offered by both the market average and companies from Japan. It is also lower than average of Industrials industry. This low dividend yield might has several explanations: company overpriced, expanding their business,...

In addition, you should compare Sumitomo Heavy Ind stocks dividend with other Industrial Engineering companies or other of the high Japan dividend stocks list.

Sumitomo Heavy Ind Dividend Payout

About the ability of Sumitomo Heavy Ind to maintain his current dividend of JPY 104.84 per share, an amount that accounts for 2.87%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Sumitomo Heavy Ind payout on ernings is currently 79.21%, which is higher than the market average, and companies of Industrials industry, which are 39.34% and 37.26% respectively. Both figures show that Sumitomo Heavy Ind 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 Heavy Ind is JPY 174.78 per share, which is higher than the dividend per share paid by the company of JPY 104.84, 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 Heavy Ind, compared againt world market average, Japan companies, Industrials industry and Industrial Engineering sector companies.

Sumitomo Heavy Ind Dividend History

Below you will find a table with the historical evolution of Sumitomo Heavy Ind'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	2.87%	104.84	79.21%	123
2022	3.40%	89.90	25.16%	123
2021	3.26%	90.92	41.73%	123
2020	1.73%	44.05	16.44%	123
2019	3.77%	118.00	31.67%	123
2018	2.90%	94.98	33.64%	123
2017	1.78%	84.91	30.97%	123
2016	2.32%	15.98	29.69%	615
2015	2.40%	14.02	35.29%	615

*In millions

Then you can see the evolution of Sumitomo Heavy Ind dividend stock, and compare it with the average of Japan stocks and that of the Industrial Engineering stocks.

Sumitomo Heavy Ind Stock performance

Finally, last moth Sumitomo Heavy Ind showed a return of 4.60% compared to a worldwide -2.49% average, and a -2.39% of Industrials firms. Over the last year, the company obtained a 24.30% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Japan and Industrial Engineering firms.