Sumitomo Mitsui Trus Dividend yield




   JPY/share 
 Price  3,859.00
 Dividend  150.12
 Earnings  433.60
 Cash-flow  311.21
 Book value  6,431.67
 Equity  6,882.54

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

Sumitomo Mitsui Trus paid a total dividend of 56,295 million JPY last year, for a market value of 1,447,125 millions (Market Cap 1,408,089 millions). Dividend per share of Sumitomo Mitsui Trus is 150.12 JPY, and his stock market price 3,859.00 JPY.

According to the chart below, where dividend yield is displayed, Sumitomo Mitsui Trus has a dividend yield of 3.89%, 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 Trus dividend yield with other Banks companies or firms from Japan.

Dividend yield of Sumitomo Mitsui Trus

Sumitomo Mitsui Trus Dividend Payout

About the ability of Sumitomo Mitsui Trus to maintain his current dividend of JPY 150.12 per share, an amount that accounts for 3.89%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Sumitomo Mitsui Trus payout on ernings is currently 34.62%, 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 Truscan 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 Trus is JPY 311.21 per share, which is higher than the dividend per share paid by the company of JPY 150.12, 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 Trus, compared againt world market average, Japan companies, Financials industry and Banks sector companies.

Sumitomo Mitsui Trus payout

Sumitomo Mitsui Trus Dividend History

Year Yield  JPY  Paypout  Shares* 
Present3.89%150.1234.62%375
20204.72%149.9534.45%375
20193.46%150.0632.18%375
20183.23%129.9131.98%381
20172.91%130.1641.03%383
20163.13%129.9028.48%386
20152.77%13.0230.47%3,861

*In millions

Sumitomo Mitsui Trus Stock performance

Finally, last moth Sumitomo Mitsui Trus showed a return of 10.20% compared to a worldwide 4.24% average, and a 4.05% of Financials firms. Over the last year, the company obtained a 23.50% 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 Trus stock and market return