SMTUF (Sumitomo Rubber Industries) Dividend Payout Ratio : 0.55 (As of Jun. 2024)

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What is Sumitomo Rubber Industries Dividend Payout Ratio?

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Sumitomo Rubber Industries's Dividend Payout Ratio for the months ended in Jun. 2024 was 0.55.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Sumitomo Rubber Industries Ltd is 1.55, which seems too high.

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

During the past 13 years, the highest Dividend Payout Ratio of Sumitomo Rubber Industries was 1.83. The lowest was 0.20. And the median was 0.37.

SMTUF's Dividend Payout Ratio is not ranked ^*
in the Vehicles & Parts industry.
Industry Median: 0.305
* Ranked among companies with meaningful Dividend Payout Ratio only.

As of today (2024-12-11), the Dividend Yield % of Sumitomo Rubber Industries is 0.00%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Sumitomo Rubber Industries was 6.01%. The lowest was 0.00%. And the median was 3.33%.

Sumitomo Rubber Industries's Dividends per Share for the months ended in Jun. 2024 was $0.18.

During the past 12 months, Sumitomo Rubber Industries's average Dividends Per Share Growth Rate was 310.00% 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.

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

Sumitomo Rubber Industries Dividend Payout Ratio Historical Data

The historical data trend for Sumitomo Rubber Industries's Dividend Payout Ratio 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 Payout Ratio Chart

Sumitomo Rubber Industries Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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1.20

0.58

0.49

0.98

0.41

Sumitomo Rubber Industries Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Dividend Payout Ratio	Get a 7-Day Free Trial															-	1.42	-	0.55	-

Competitive Comparison of Sumitomo Rubber Industries's Dividend Payout Ratio

For the Auto Parts subindustry, Sumitomo Rubber Industries's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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 Payout Ratio Distribution in the Vehicles & Parts Industry

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

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

Sumitomo Rubber Industries Dividend Payout Ratio Calculation

Sumitomo Rubber Industries's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	0.403	/	0.978
	=	0.41

Sumitomo Rubber Industries's Dividend Payout Ratio for the quarter that ended in Jun. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Jun. 2024 )	/	EPS without NRI (Q: Jun. 2024 )
	=	0.184	/	0.334
	=	0.55

Sumitomo Rubber Industries (OTCPK:SMTUF) Dividend Payout Ratio Explanation

In dividends investing, Dividend 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 Rubber Industries Dividend Payout Ratio Related Terms

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

Sumitomo Rubber Industries Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Sumitomo Rubber Industries Ltd (OTCPK:SMTUF) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

5110:Japan 108:Germany

Address

3-6-9, Wakinohama-cho, Chuo-ku, Hyogo, Kobe, JPN, 651-0072

Website

http://www.srigroup.co.jp

Sumitomo Rubber Industries Ltd 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 Headlines

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