Sumitomo Bakelite Co (TSE:4203) Dividend Payout Ratio : 0.98 (As of Mar. 2024)

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What is Sumitomo Bakelite Co Dividend Payout Ratio?

Sumitomo Bakelite Co's dividend payout ratio for the months ended in Mar. 2024 was 0.98.

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

TSE:4203' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.14 Med: 0.29 Max: 0.4
Current: 0.32

During the past 13 years, the highest Dividend Payout Ratio of Sumitomo Bakelite Co was 0.40. The lowest was 0.14. And the median was 0.29.

TSE:4203's Dividend Payout Ratio is ranked better than
59.89% of 905 companies
in the Chemicals industry
Industry Median: 0.39 vs TSE:4203: 0.32

As of today (2024-05-22), the Dividend Yield % of Sumitomo Bakelite Co is 1.70%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Sumitomo Bakelite Co was 4.48%. The lowest was 0.77%. And the median was 1.94%.

Sumitomo Bakelite Co's Dividends per Share for the months ended in Mar. 2024 was 円40.00.

During the past 12 months, Sumitomo Bakelite Co's average Dividends Per Share Growth Rate was 15.40% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 26.00% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 25.90% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 12.30% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Sumitomo Bakelite Co was 44.20% per year. The lowest was -12.60% per year. And the median was 7.70% per year.

The growth rate is calculated with least square regression.

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

Sumitomo Bakelite Co Dividend Payout Ratio Historical Data

The historical data trend for Sumitomo Bakelite Co'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.

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Sumitomo Bakelite Co Dividend Payout Ratio Chart

Sumitomo Bakelite Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Dividend Payout Ratio

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0.39

0.27

0.28

0.30

0.32

Sumitomo Bakelite Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Dividend Payout Ratio	Get a 7-Day Free Trial															0.80	-	0.61	-	0.98

Competitive Comparison of Sumitomo Bakelite Co's Dividend Payout Ratio

For the Specialty Chemicals subindustry, Sumitomo Bakelite Co'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 Bakelite Co's Dividend Payout Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Sumitomo Bakelite Co's Dividend Payout Ratio distribution charts can be found below:

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

Sumitomo Bakelite Co Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Sumitomo Bakelite Co's Dividend Payout Ratio for the fiscal year that ended in Mar. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Mar. 2024 )	/	EPS without NRI (A: Mar. 2024 )
	=	75	/	233.66
	=	0.32

Sumitomo Bakelite Co's Dividend Payout Ratio for the quarter that ended in Mar. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Mar. 2024 )	/	EPS without NRI (Q: Mar. 2024 )
	=	40	/	40.825
	=	0.98

Sumitomo Bakelite Co (TSE:4203) Dividend Payout Ratio Explanation

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 Bakelite Co Dividend Payout Ratio Related Terms

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

Sumitomo Bakelite Co (TSE:4203) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Sumitomo Bakelite Co Ltd (TSE:4203) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

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Address

2-5-8 Higashi-shinagawa, Shinagawa-ku, Tokyo, JPN, 140-0002

Website

http://www.sumibe.co.jp

Sumitomo Bakelite Co Ltd manufactures and sells plastics and chemical-based products. The firm's three segments are based on product type. The high-performance plastics segment, which generates more revenue than any other segment, sells phenolic molding compounds and phenolic resins used to make the interiors of aerospace and automotive vehicles. The quality-of-life segment sells medical-device products including endoscopic, surgery, drainage, and circulation devices. The semiconductor materials segment sells epoxy resin molding compounds and liquid resins used for semiconductor encapsulation in smartphones and other consumer electronic devices. The majority of revenue comes from Asia.

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