As of today (2024-04-24), the Trailing Annual Dividend Yield of Sumitomo Electric Industries is 2.18%.
The historical rank and industry rank for Sumitomo Electric Industries's Dividend Yield % or its related term are showing as below:
SMTOY'
s Dividend Yield % Range Over the Past 10 Years
Min: 1.14 Med: 2.5 Max: 4.84
Current: 2.18
During the past 13 years, the highest Dividend Yield of Sumitomo Electric Industries was 4.84%. The lowest was 1.14%. And the median was 2.50%.
SMTOY's Dividend Yield % is ranked worse than 52.18% of 803
companies
in the Vehicles & Parts industry
Industry Median: 2.26
vs SMTOY: 2.18
Sumitomo Electric Industries's Dividend Payout Ratio for the
three
months ended in Dec. 2023 was 0.00.
During the past 13 years, the highest Dividend Payout Ratio of Sumitomo Electric Industries was 0.43. The lowest was 0.21. And the median was 0.30.
As of today (2024-04-24), the Forward Dividend Yield % of Sumitomo Electric Industries is 2.18%.
Sumitomo Electric Industries's Dividends per Share for the
three
months ended in Dec. 2023 was $0.00.
During the past 3 years, the average Dividends Per Share Growth Rate was 7.70% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 0.90% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was 8.10% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Sumitomo Electric Industries was 28.60% per year. The lowest was -11.40% per year. And the median was 9.40% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
Sumitomo Electric Industries Dividend Yield % Historical Data
The historical data trend for Sumitomo Electric Industries's Dividend Yield % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Auto Parts subindustry, Sumitomo Electric Industries's Dividend Yield %, along with its competitors' market caps and Dividend Yield % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Sumitomo Electric Industries Dividend Yield % Distribution
For the Vehicles & Parts industry and Consumer Cyclical sector, Sumitomo Electric Industries's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Sumitomo Electric Industries's Dividend Yield % falls into.
Sumitomo Electric Industries Dividend Yield % Calculation
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Sumitomo Electric Industries Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
USD 0.168
2023-09-28
2023-09-29
2023-12-15
Cash Dividend
semi-annually
USD:USD 1.000000
* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.
Sumitomo Electric Industries's Trailing Annual Dividend Yield (%) for Today is calculated as
Trailing Annual Dividend Yield
=
Most Recent Full Year Dividend
/
Current Share Price
=
0.168
/
15.61
=
1.08 %
Current Share Price is $15.61.
Sumitomo Electric Industries's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.168.
Sumitomo Electric Industries's Forward Annual Dividend Yield (%) for Today is calculated as
Forward Annual Dividend Yield
=
Forward Full Year Dividend
/
Current Share Price
=
0.336
/
15.61
=
2.15 %
Current Share Price is $15.61.
Sumitomo Electric Industries's Dividends per Share for the forward twelve months is calculated as $0.168 * 2 = $0.336.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Sumitomo Electric Industries (OTCPK:SMTOY) Dividend Yield % Explanation
Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.
Dividends may also qualify a lower tax rate for investors.
In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.
Sumitomo Electric Industries Dividend Yield % Related Terms
Thank you for viewing the detailed overview of Sumitomo Electric Industries's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
Sumitomo Electric Industries (Sumitomo Electric Industries) Business Description
Sumitomo Electric Industries Ltd manufactures and sells electric wires and cables, and other products. The company is engaged in diversified business activities supporting people's daily lives and industry through five business segments: Automotive, Infocommunications, Electronics, Environment and Energy, and Industrial Materials and Others. The Automobile-related segment offers wire harnesses, rubber cushions, hoses for automobiles, automobile electrical parts and others. Sumitomo's Information Communications-related segment offers fiber-optic cables, electrical cables and equipment for communications use, optical communications-related parts and others. It derives most of the revenue from Japan.
Sumitomo Electric Industries (Sumitomo Electric Industries) Headlines
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