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Sumitomo Rubber Industries (TSE:5110) Dividend Yield % : 3.07% (As of May. 05, 2024)


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What is Sumitomo Rubber Industries Dividend Yield %?

As of today (2024-05-05), the Trailing Annual Dividend Yield of Sumitomo Rubber Industries is 3.07%.

The historical rank and industry rank for Sumitomo Rubber Industries's Dividend Yield % or its related term are showing as below:

TSE:5110' s Dividend Yield % Range Over the Past 10 Years
Min: 1.17   Med: 3.11   Max: 6.01
Current: 3.07

During the past 13 years, the highest Dividend Yield of Sumitomo Rubber Industries was 6.01%. The lowest was 1.17%. And the median was 3.11%.

TSE:5110's Dividend Yield % is ranked better than
65.29% of 801 companies
in the Vehicles & Parts industry
Industry Median: 2.23 vs TSE:5110: 3.07

Sumitomo Rubber Industries's Dividend Payout Ratio for the three months ended in Dec. 2023 was 1.42.

During the past 13 years, the highest Dividend Payout Ratio of Sumitomo Rubber Industries was 1.20. The lowest was 0.20. And the median was 0.37.

As of today (2024-05-05), the Forward Dividend Yield % of Sumitomo Rubber Industries is 3.07%.

Sumitomo Rubber Industries's Dividends per Share for the three months ended in Dec. 2023 was 円53.00.

During the past 12 months, Sumitomo Rubber Industries's average Dividends Per Share Growth Rate was 65.70% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 32.40% 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 -1.00% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Sumitomo Rubber Industries was 55.40% per year. The lowest was -26.30% per year. And the median was 11.20% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Sumitomo Rubber Industries Dividend Yield % Historical Data

The historical data trend for Sumitomo Rubber 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.

* Premium members only.

Sumitomo Rubber Industries Dividend Yield % Chart

Sumitomo Rubber Industries Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.11 6.20 4.69 3.01 2.94

Sumitomo Rubber Industries Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Dividend Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.01 2.93 2.51 1.21 2.94

Competitive Comparison of Sumitomo Rubber Industries's Dividend Yield %

For the Auto Parts subindustry, Sumitomo Rubber 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 Rubber Industries's Dividend Yield % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Sumitomo Rubber Industries's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Sumitomo Rubber Industries's Dividend Yield % falls into.



Sumitomo Rubber Industries Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Sumitomo Rubber Industries Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
JPY 53.0000002023-12-282023-12-312024-03-29Cash Dividendsemi-annuallyJPY:JPY 1.000000
JPY 5.0000002023-06-292023-06-302023-09-05Cash Dividendsemi-annuallyJPY:JPY 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 Rubber Industries's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=58/1887.50
=3.07 %

Current Share Price is 円1887.50.
Sumitomo Rubber Industries's Dividends per Share for the trailing twelve months (TTM) ended in Today is 円58.

Sumitomo Rubber Industries's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=106/1887.50
=5.62 %

Current Share Price is 円1887.50.
Sumitomo Rubber Industries's Dividends per Share for the forward twelve months is calculated as 円53 * 2 = 円106.

* 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 Rubber Industries  (TSE:5110) 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.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Sumitomo Rubber Industries Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Sumitomo Rubber Industries's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Sumitomo Rubber Industries (TSE:5110) Business Description

Traded in Other Exchanges
Address
3-6-9, Wakinohama-cho, Chuo-ku, Hyogo, Kobe, JPN, 651-0072
Sumitomo Rubber Industries makes and sells rubber tires, sports equipment, and other products in three segments based on product type. The tire segment, which generates the majority of revenue, sells rubber tires for automobiles and motorcycles under the Dunlop and Falken brand names. The sports segment sells golf, tennis, and fitness equipment under the Srixon, XXIO, Cleveland, and Dunlop brand names. The industrial and other products segment sells rubber parts for printers, artificial turf for sporting use, floor coating materials, portable ramps, gloves, tubes, and valves. More revenue comes from Japan than any other region.

Sumitomo Rubber Industries (TSE:5110) Headlines

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