Sumitomo Rubber Indu Dividend yield

 Price  1,538.00
 Dividend  5.08
 Earnings  58.26
 Cash-flow  106.07
 Book value  2,197.14
 Equity  2,008.97

Sumitomo Rubber Indu is part of Automobiles and Parts business, which is part of Consumer Goods industry. Sumitomo Rubber Indu is a company from Japan, and his stocks are publicly traded.

Sumitomo Rubber Indu stock dividend

Sumitomo Rubber Indu paid a total dividend of 1,336 million JPY last year, for a market value of 404,494 millions (Market Cap 276,608 millions). Sumitomo Rubber Indu dividend per share is 5.08 JPY, and his stock market price 1,538.00 JPY.

According to the chart below, where dividend yield is displayed, Sumitomo Rubber Indu has a dividend yield of 0.33%, lower than the amount offered by both the market average and companies from Japan. It is also lower than average of Consumer Goods industry. This low dividend yield might has several explanations: company overpriced, expanding their business,...

In addition, you should compare Sumitomo Rubber Indu stocks dividend with other Automobiles and Parts companies or other of the high Japan dividend stocks list.

Dividend yield of Sumitomo Rubber Indu

Sumitomo Rubber Indu Dividend Payout

About the ability of Sumitomo Rubber Indu to maintain his current dividend of JPY 5.08 per share, an amount that accounts for 0.33%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Sumitomo Rubber Indu payout on ernings is currently 8.72%, which is lower than the market average and companies of Consumer Goods industry, which are 39.34% and 40.18% respectively. Both figures lead us to believe that there is confidence that Sumitomo Rubber Inducan 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 Rubber Indu is JPY 106.07 per share, which is higher than the dividend per share paid by the company of JPY 5.08, 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 Rubber Indu, compared againt world market average, Japan companies, Consumer Goods industry and Automobiles and Parts sector companies.

Sumitomo Rubber Indu payout

Sumitomo Rubber Indu Dividend History

Below you will find a table with the historical evolution of Sumitomo Rubber Indu'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* 

*In millions

Then you can see the evolution of Sumitomo Rubber Indu dividend stock, and compare it with the average of Japan stocks and that of the Automobiles and Parts stocks.

Sumitomo Rubber Indu stock dividend history

Sumitomo Rubber Indu Stock performance

Finally, last moth Sumitomo Rubber Indu showed a return of 5.90% compared to a worldwide -2.49% average, and a -1.86% of Consumer Goods firms. Over the last year, the company obtained a 28.10% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Japan and Automobiles and Parts firms.

Sumitomo Rubber Indu stock and market return