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Sumitomo Rubber Industries (TSE:5110) 3-Year Dividend Growth Rate : 32.40% (As of Dec. 2023)


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What is Sumitomo Rubber Industries 3-Year Dividend Growth Rate?

Sumitomo Rubber Industries's Dividends per Share for the three months ended in Dec. 2023 was 円53.00.

The historical rank and industry rank for Sumitomo Rubber Industries's 3-Year Dividend Growth Rate or its related term are showing as below:

TSE:5110' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -26.3   Med: 11.2   Max: 55.4
Current: 32.4

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.

TSE:5110's 3-Year Dividend Growth Rate is ranked better than
78.69% of 521 companies
in the Vehicles & Parts industry
Industry Median: 11.5 vs TSE:5110: 32.40

During the past 12 months, Sumitomo Rubber Industries's average Dividends Per Share Growth Rate was 65.70% 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. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Sumitomo Rubber Industries's Dividend Payout Ratio for the three months ended in Dec. 2023 was 1.42. As of today, Sumitomo Rubber Industries's Dividend Yield % is 3.05%.

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


Competitive Comparison of Sumitomo Rubber Industries's 3-Year Dividend Growth Rate

For the Auto Parts subindustry, Sumitomo Rubber Industries's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate 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 3-Year Dividend Growth Rate Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Sumitomo Rubber Industries's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Sumitomo Rubber Industries's 3-Year Dividend Growth Rate falls into.



Sumitomo Rubber Industries 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Sumitomo Rubber Industries  (TSE:5110) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

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

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=53/ 37.423
=1.42

During the past 13 years, the highest Dividend Payout Ratio of Sumitomo Rubber Industries was 1.20. The lowest was 0.20. And the median was 0.37.

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

Sumitomo Rubber Industries Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
JPY 53.0000002023-12-282023-12-312024-03-29Cash Dividendsemi-annuallyJPY:JPY 1.000000
JPY 5.0000002023-06-292023-06-302023-09-05Cash 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 Rubber Industries's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=58/1896.50
=3.06 %

Current Share Price is 円1896.50.
Sumitomo Rubber Industries's Dividends per Share for the trailing twelve months (TTM) ended in Today is 円58.

During the past 13 years, the highest Dividend Yield of Sumitomo Rubber Industries was 6.01%. The lowest was 1.17%. And the median was 3.11%.

* 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 Rubber Industries 3-Year Dividend Growth Rate Related Terms>


Sumitomo Rubber Industries (TSE:5110) Business Description

Traded in Other Exchanges
Address
3-6-9, Wakinohama-cho, Chuo-ku, Hyogo, Kobe, JPN, 651-0072
Sumitomo Rubber Industries 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 (TSE:5110) Headlines

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