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Sumitomo Bakelite Co (TSE:4203) Dividend Yield % : 1.70% (As of May. 22, 2024)


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What is Sumitomo Bakelite Co Dividend Yield %?

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

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

TSE:4203' s Dividend Yield % Range Over the Past 10 Years
Min: 0.77   Med: 1.94   Max: 4.48
Current: 1.7

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

TSE:4203's Dividend Yield % is ranked worse than
53.91% of 1048 companies
in the Chemicals industry
Industry Median: 1.91 vs TSE:4203: 1.70

Sumitomo Bakelite Co's Dividend Payout Ratio for the three months ended in Mar. 2024 was 0.98.

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.

As of today (2024-05-22), the Forward Dividend Yield % of Sumitomo Bakelite Co is 2.05%.

Sumitomo Bakelite Co's Dividends per Share for the three 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 Yield % Historical Data

The historical data trend for Sumitomo Bakelite 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 Bakelite Co Dividend Yield % Chart

Sumitomo Bakelite Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.92 1.33 2.00 2.33 1.62

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 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 2.33 2.18 2.15 1.89 1.62

Competitive Comparison of Sumitomo Bakelite Co's Dividend Yield %

For the Specialty Chemicals subindustry, Sumitomo Bakelite 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 Bakelite Co's Dividend Yield % Distribution in the Chemicals Industry

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

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



Sumitomo Bakelite Co Dividend Yield % Calculation

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

Sumitomo Bakelite Co Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
JPY 40.0000002024-03-282024-03-310000-00-00Cash Dividendsemi-annuallyJPY:JPY 1.000000
JPY 35.0000002023-09-282023-09-302023-12-01Cash 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 Bakelite Co's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=75/4408.00
=1.70 %

Current Share Price is 円4408.00.
Sumitomo Bakelite Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is 円75.

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

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=70/4408.00
=1.59 %

Current Share Price is 円4408.00.
Sumitomo Bakelite Co's Dividends per Share for the forward twelve months is calculated as 円35 * 2 = 円70.

* 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 Bakelite Co  (TSE:4203) 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 Bakelite Co Dividend Yield % Related Terms

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Sumitomo Bakelite Co (TSE:4203) Business Description

Traded in Other Exchanges
N/A
Address
2-5-8 Higashi-shinagawa, Shinagawa-ku, Tokyo, JPN, 140-0002
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.

Sumitomo Bakelite Co (TSE:4203) Headlines

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