Sumitomo Mitsui Fina Dividend yield

Sumitomo Mitsui Fina is part of Banks business, which is part of Financials industry. Sumitomo Mitsui Fina is a company from Japan, and his stocks are publicly traded.

Sumitomo Mitsui Fina stock dividend

Sumitomo Mitsui Fina paid a total dividend of 322,598 million JPY last year, for a market value of 8,985,945 millions (Market Cap 8,499,122 millions). Sumitomo Mitsui Fina dividend per share is 239.85 JPY, and his stock market price 6,681.00 JPY.

According to the chart below, where dividend yield is displayed, Sumitomo Mitsui Fina has a dividend yield of 3.59%, which is similar to the amount offered by both the market average and companies from Japan. However, it is lower than the average of Financials 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 Mitsui Fina stocks dividend with other Banks companies or other of the high Japan dividend stocks list.

Sumitomo Mitsui Fina Dividend Payout

About the ability of Sumitomo Mitsui Fina to maintain his current dividend of JPY 239.85 per share, an amount that accounts for 3.59%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Sumitomo Mitsui Fina payout on ernings is currently 36.62%, which is lower than the market average and companies of Financials industry, which are 39.34% and 46.18% respectively. Both figures lead us to believe that there is confidence that Sumitomo Mitsui Finacan 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 Mitsui Fina is JPY 1,484.67 per share, which is higher than the dividend per share paid by the company of JPY 239.85, 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 Mitsui Fina, compared againt world market average, Japan companies, Financials industry and Banks sector companies.

Sumitomo Mitsui Fina Dividend History

Below you will find a table with the historical evolution of Sumitomo Mitsui Fina'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	3.59%	239.85	36.62%	1,345
2022	4.15%	219.78	42.74%	1,371
2021	5.07%	199.91	53.24%	1,370
2020	6.12%	195.11	37.95%	1,370
2019	4.58%	184.94	34.81%	1,370
2018	4.80%	174.96	33.12%	1,396
2017	3.18%	154.80	30.85%	1,410
2016	3.57%	150.15	30.34%	1,367
2015	3.30%	155.00	27.06%	1,367

*In millions

Then you can see the evolution of Sumitomo Mitsui Fina dividend stock, and compare it with the average of Japan stocks and that of the Banks stocks.

Sumitomo Mitsui Fina Stock performance

Finally, last moth Sumitomo Mitsui Fina showed a return of -0.20% compared to a worldwide -2.49% average, and a -3.03% of Financials firms. Over the last year, the company obtained a 59.30% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Japan and Banks firms.