Sumitomo Mitsui Financial Group (Sumitomo Mitsui Financial Group) 5-Year Yield-on-Cost %

: 4.27 (As of Today)

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Sumitomo Mitsui Financial Group's yield on cost for the quarter that ended in Dec. 2023 was 4.27.

The historical rank and industry rank for Sumitomo Mitsui Financial Group's 5-Year Yield-on-Cost % or its related term are showing as below:

SMFG' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 2.9 Med: 5.36 Max: 10.21
Current: 4.27

During the past 13 years, Sumitomo Mitsui Financial Group's highest Yield on Cost was 10.21. The lowest was 2.90. And the median was 5.36.

SMFG's 5-Year Yield-on-Cost % is ranked worse than
58.05% of 1199 companies
in the Banks industry
Industry Median: 4.97 vs SMFG: 4.27

Competitive Comparison

For the Banks - Diversified subindustry, Sumitomo Mitsui Financial Group's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % 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 5-Year Yield-on-Cost % Distribution

For the Banks industry and Financial Services sector, Sumitomo Mitsui Financial Group's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Sumitomo Mitsui Financial Group's 5-Year Yield-on-Cost % falls into.

Sumitomo Mitsui Financial Group 5-Year Yield-on-Cost % Calculation

Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.

Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.

Therefore, Yield-on-Cost of Sumitomo Mitsui Financial Group is calculated as

Yield-on-Cost

Dividend Yield %

Dividend Growth Rate)^5

Sumitomo Mitsui Financial Group (NYSE:SMFG) 5-Year Yield-on-Cost % Explanation

Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.

Sumitomo Mitsui Financial Group 5-Year Yield-on-Cost % Related Terms

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Sumitomo Mitsui Financial Group (Sumitomo Mitsui Financial Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Sumitomo Mitsui Financial Group Inc (NYSE:SMFG) » Definitions » 5-Year Yield-on-Cost %

Comparable Companies

Traded in Other Exchanges

SMFNF:USA SMFG:Mexico 8316:Japan 8316:Japan XMF:Germany XMFA:Germany XMF:Germany S1MF34:Brazil

Address

1-2, Marunouchi 1-chome, Chiyoda-ku, Tokyo, JPN, 100-0005

Website

https://www.smfg.co.jp

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 2023, its market share of domestic loans was 7.1%, compared with 8.1% 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.