Sumitomo Rlty & Devt Dividend yield

Sumitomo Rlty & Devt is part of Real Estate Investment and Services business, which is part of Financials industry. Sumitomo Rlty & Devt is a company from Japan, and his stocks are publicly traded.

Sumitomo Rlty & Devt stock dividend

Sumitomo Rlty & Devt paid a total dividend of 24,567 million JPY last year, for a market value of 1,767,546 millions (Market Cap 1,470,425 millions). Sumitomo Rlty & Devt dividend per share is 51.83 JPY, and his stock market price 3,729.00 JPY.

According to the chart below, where dividend yield is displayed, Sumitomo Rlty & Devt has a dividend yield of 1.39%, lower than the amount offered by both the market average and companies from Japan. It is also lower than average of Financials industry. This low dividend yield might has several explanations: company overpriced, expanding their business,...

In addition, you should compare Sumitomo Rlty & Devt stocks dividend with other Real Estate Investment and Services companies or other of the high Japan dividend stocks list.

Sumitomo Rlty & Devt Dividend Payout

About the ability of Sumitomo Rlty & Devt to maintain his current dividend of JPY 51.83 per share, an amount that accounts for 1.39%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Sumitomo Rlty & Devt payout on ernings is currently 15.15%, 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 Rlty & Devtcan 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 Rlty & Devt is JPY 348.50 per share, which is higher than the dividend per share paid by the company of JPY 51.83, 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 Rlty & Devt, compared againt world market average, Japan companies, Financials industry and Real Estate Investment and Services sector companies.

Sumitomo Rlty & Devt Dividend History

Below you will find a table with the historical evolution of Sumitomo Rlty & Devt'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	1.39%	51.83	15.15%	474
2022	1.51%	47.13	14.80%	474
2021	1.27%	42.96	14.35%	474
2020	1.19%	37.85	12.73%	474
2019	0.84%	32.02	11.59%	474
2018	0.70%	28.18	11.13%	474
2017	0.70%	25.92	11.90%	474
2016	0.70%	22.11	11.97%	476
2015	0.59%	22.08	13.04%	476

*In millions

Then you can see the evolution of Sumitomo Rlty & Devt dividend stock, and compare it with the average of Japan stocks and that of the Real Estate Investment and Services stocks.

Sumitomo Rlty & Devt Stock performance

Finally, last moth Sumitomo Rlty & Devt showed a return of -2.00% compared to a worldwide -2.49% average, and a -3.03% of Financials firms. Over the last year, the company obtained a 9.00% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Japan and Real Estate Investment and Services firms.