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Sumitomo Forestry Co (TSE:1911) Dividend Yield %

: 2.80% (As of Today)
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As of today (2024-04-19), the Trailing Annual Dividend Yield of Sumitomo Forestry Co is 2.80%.

Warning Sign:

Sumitomo Forestry Co Ltd stock dividend yield is close to 2-year low.

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

TSE:1911' s Dividend Yield % Range Over the Past 10 Years
Min: 0.4   Med: 2.05   Max: 5.52
Current: 2.8

During the past 13 years, the highest Dividend Yield of Sumitomo Forestry Co was 5.52%. The lowest was 0.40%. And the median was 2.05%.

TSE:1911's Dividend Yield % is ranked worse than
64.52% of 62 companies
in the Homebuilding & Construction industry
Industry Median: 3.625 vs TSE:1911: 2.80

Sumitomo Forestry Co's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.36.

During the past 13 years, the highest Dividend Payout Ratio of Sumitomo Forestry Co was 0.36. The lowest was 0.16. And the median was 0.24.

As of today (2024-04-19), the Forward Dividend Yield % of Sumitomo Forestry Co is 2.92%.

Sumitomo Forestry Co's Dividends per Share for the three months ended in Dec. 2023 was 円65.00.

During the past 3 years, the average Dividends Per Share Growth Rate was 46.20% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 32.40% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 22.80% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Sumitomo Forestry Co was 46.20% per year. The lowest was 4.30% per year. And the median was 12.70% per year.

The growth rate is calculated with least square regression.

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


Sumitomo Forestry Co Dividend Yield % Historical Data

The historical data trend for Sumitomo Forestry Co'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 Forestry Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Dec21 Dec22 Dec23
Dividend Yield %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.60 2.89 3.14 5.41 2.97

Sumitomo Forestry Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Dividend Yield % 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 Premium Member Only Premium Member Only Premium Member Only 5.41 4.77 3.59 3.28 2.97

Competitive Comparison

For the Residential Construction subindustry, Sumitomo Forestry Co'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 Forestry Co Dividend Yield % Distribution

For the Homebuilding & Construction industry and Consumer Cyclical sector, Sumitomo Forestry Co's Dividend Yield % distribution charts can be found below:

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



Sumitomo Forestry Co Dividend Yield % Calculation

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

Sumitomo Forestry Co Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
JPY 65.0002023-12-282023-12-312024-03-29Cash Dividendsemi-annuallyJPY:JPY 1.000000
JPY 60.0002023-06-292023-06-302023-09-12Cash 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 Forestry Co's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=125/4492.00
=2.78 %

Current Share Price is 円4492.00.
Sumitomo Forestry Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is 円125.

Sumitomo Forestry Co's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=130/4492.00
=2.89 %

Current Share Price is 円4492.00.
Sumitomo Forestry Co's Dividends per Share for the forward twelve months is calculated as 円65 * 2 = 円130.

* 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 Forestry Co  (TSE:1911) 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 Forestry Co Dividend Yield % Related Terms

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Sumitomo Forestry Co (TSE:1911) Business Description

Traded in Other Exchanges
Address
Keidanren Kaikan, 3-2, Otemachi 1-chome, Chiyoda-ku, Tokyo, JPN, 100-8270
Website
Sumitomo Forestry Co Ltd is a diversified Japanese company that focuses on timber and building materials as well as residential construction. The company's timber business is one of Japan's leading suppliers of timber and also provides building and structural materials such as flooring and doors. It constructs custom-built single-family housing projects around Japan that use the company's timber materials and design. These two business units provide the majority of the company's revenue. Sumitomo Forestry operates timber and exporting businesses in Southeast Asia, Australia, and North America. It is also involved in forestry management, as it owns forests around Japan and Southeast Asia.

Sumitomo Forestry Co (TSE:1911) Headlines

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