Sumitomo Mitsui Fina Dividend yield




   JPY/share 
 Price  4,007.00
 Dividend  189.93
 Earnings  513.72
 Cash-flow  1,292.58
 Book value  8,014.00
 Equity  7,903.38

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 paid a total dividend of 260,204 million JPY last year, for a market value of 5,489,590 millions (Market Cap 5,191,680 millions). Dividend per share of Sumitomo Mitsui Fina is 189.93 JPY, and his stock market price 4,007.00 JPY.

According to the chart below, where dividend yield is displayed, Sumitomo Mitsui Fina has a dividend yield of 4.74%, which is higher than the amount offered by both the market average and companies from Japan. It is also bigger than average of Financials industry. This high dividend yield might be a sign to worry about the future of the company so deeper analysis is needed.

In addition, you should compare Sumitomo Mitsui Fina dividend yield with other Banks companies or firms from Japan.

Dividend yield of Sumitomo Mitsui Fina

Sumitomo Mitsui Fina Dividend Payout

About the ability of Sumitomo Mitsui Fina to maintain his current dividend of JPY 189.93 per share, an amount that accounts for 4.74%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Sumitomo Mitsui Fina payout on ernings is currently 36.97%, which is lower than the market average and companies of Financials industry, which are 38.17% and 41.32% 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 1,292.58 per share, which is higher than the dividend per share paid by the company of JPY 189.93, 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 payout

Sumitomo Mitsui Fina Dividend History

Year Yield  JPY  Paypout  Shares* 
Present4.74%189.9336.97%1,370
20206.12%195.1137.95%1,370
20194.58%184.9434.81%1,370
20184.80%174.9633.12%1,396
20173.18%154.8030.85%1,410
20163.57%150.1530.34%1,367
20153.30%155.0027.06%1,367

*In millions

Sumitomo Mitsui Fina Stock performance

Finally, last moth Sumitomo Mitsui Fina showed a return of 7.10% compared to a worldwide 4.24% average, and a 4.05% of Financials firms. Over the last year, the company obtained a 52.80% versus a worldwide performance of a 53.49%. More detailed information can be seen in the following graph for Japan and Banks firms.

Sumitomo Mitsui Fina stock and market return