Sumitomo Metal Minin Dividend yield

Sumitomo Metal Minin is part of Industrial Metals and Mining business, which is part of Basic Materials industry. Sumitomo Metal Minin is a company from Japan, and his stocks are publicly traded.

Sumitomo Metal Minin stock dividend

Sumitomo Metal Minin paid a total dividend of 56,433 million JPY last year, for a market value of 1,243,000 millions (Market Cap 1,068,071 millions). Sumitomo Metal Minin dividend per share is 205.21 JPY, and his stock market price 4,520.00 JPY.

According to the chart below, where dividend yield is displayed, Sumitomo Metal Minin has a dividend yield of 4.54%, which is similar to the amount offered by both the market average and companies from Japan. However, it is lower than the average of Basic Materials industry. The company should be deeply analized because dividend yields should be similar among companies from the same industry unless they carry an opposite strategy.

In addition, you should compare Sumitomo Metal Minin stocks dividend with other Industrial Metals and Mining companies or other of the high Japan dividend stocks list.

Sumitomo Metal Minin Dividend Payout

About the ability of Sumitomo Metal Minin to maintain his current dividend of JPY 205.21 per share, an amount that accounts for 4.54%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Sumitomo Metal Minin payout on ernings is currently 34.50%, which is lower than the market average and companies of Basic Materials industry, which are 39.34% and 38.07% respectively. Both figures lead us to believe that there is confidence that Sumitomo Metal Minincan 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 Metal Minin is JPY 438.83 per share, which is higher than the dividend per share paid by the company of JPY 205.21, 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 Metal Minin, compared againt world market average, Japan companies, Basic Materials industry and Industrial Metals and Mining sector companies.

Sumitomo Metal Minin Dividend History

Below you will find a table with the historical evolution of Sumitomo Metal Minin'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	4.54%	205.21	34.50%	275
2022	5.95%	277.92	26.77%	275
2021	4.87%	211.85	60.39%	275
2020	1.33%	60.90	26.60%	275
2019	1.72%	60.96	24.08%	275
2018	3.97%	117.04	34.94%	275
2017	0.89%	46.08	-68.52%	276
2016	0.98%	14.97	0.00%	552
2015	3.24%	44.97	27.21%	552

*In millions

Then you can see the evolution of Sumitomo Metal Minin dividend stock, and compare it with the average of Japan stocks and that of the Industrial Metals and Mining stocks.

Sumitomo Metal Minin Stock performance

Finally, last moth Sumitomo Metal Minin showed a return of -8.00% compared to a worldwide -2.49% average, and a -3.66% of Basic Materials firms. Over the last year, the company obtained a 2.60% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Japan and Industrial Metals and Mining firms.