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Sumitomo Mitsui Financial Group (STU:XMF) 3-Year Dividend Growth Rate : 12.40% (As of Sep. 2024)


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What is Sumitomo Mitsui Financial Group 3-Year Dividend Growth Rate?

Sumitomo Mitsui Financial Group's Dividends per Share for the three months ended in Sep. 2024 was €0.38.

The historical rank and industry rank for Sumitomo Mitsui Financial Group's 3-Year Dividend Growth Rate or its related term are showing as below:

STU:XMF' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -5.9   Med: 7.9   Max: 58.7
Current: 12.4

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Sumitomo Mitsui Financial Group was 58.70% per year. The lowest was -5.90% per year. And the median was 7.90% per year.

STU:XMF's 3-Year Dividend Growth Rate is ranked better than
63.72% of 791 companies
in the Banks industry
Industry Median: 8 vs STU:XMF: 12.40

During the past 12 months, Sumitomo Mitsui Financial Group's average Dividends Per Share Growth Rate was 21.20% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 12.40% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 8.40% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 7.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Sumitomo Mitsui Financial Group's Dividend Payout Ratio for the three months ended in Sep. 2024 was 0.66. As of today, Sumitomo Mitsui Financial Group's Dividend Yield % is 2.73%.

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


Competitive Comparison of Sumitomo Mitsui Financial Group's 3-Year Dividend Growth Rate

For the Banks - Diversified subindustry, Sumitomo Mitsui Financial Group's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate 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 Mitsui Financial Group's 3-Year Dividend Growth Rate Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Sumitomo Mitsui Financial Group's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Sumitomo Mitsui Financial Group's 3-Year Dividend Growth Rate falls into.



Sumitomo Mitsui Financial Group 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Sumitomo Mitsui Financial Group  (STU:XMF) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Sumitomo Mitsui Financial Group's Dividend Payout Ratio for the quarter that ended in Sep. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Sep. 2024 )/ EPS without NRI (Q: Sep. 2024 )
=0.378/ 0.57
=0.66

During the past 13 years, the highest Dividend Payout Ratio of Sumitomo Mitsui Financial Group was 0.48. The lowest was 0.25. And the median was 0.34.

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

Sumitomo Mitsui Financial Group Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
JPY 60.0000002024-09-272024-09-302024-12-03Cash Dividendsemi-annuallyJPY:EUR 0.006290
JPY 45.0000002024-03-282024-03-312024-06-28Cash Dividendsemi-annuallyJPY:EUR 0.006080

* 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 Mitsui Financial Group's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.651/23.505
=2.77 %

Current Share Price is €23.505.
Sumitomo Mitsui Financial Group's Dividends per Share for the trailing twelve months (TTM) ended in Today is €0.651.

During the past 13 years, the highest Dividend Yield of Sumitomo Mitsui Financial Group was 7.45%. The lowest was 2.42%. And the median was 4.18%.

* 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 Mitsui Financial Group 3-Year Dividend Growth Rate Related Terms>


Sumitomo Mitsui Financial Group Business Description

Address
1-2, Marunouchi 1-chome, Chiyoda-ku, Tokyo, JPN, 100-0005
Sumitomo Mitsui Financial Group is roughly tied with Mizuho Financial Group for the status of Japan's second-largest bank after Mitsubishi UFJ Financial Group. As of March 2024, its market share of domestic loans was 7.2%, compared with 8.0% for MUFG. It has a larger consumer finance business than the other two megabanks, owning 100% of the Promise business and SMBC Card. It also controls one of Japan's largest leasing companies and SMBC Aviation Capital, one of the top five aircraft lessors globally. In securities, its SMBC Nikko unit is Japan's third-largest retail broker, although SMFG has lagged somewhat in institutional securities business and asset management.

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