Sumitomo Heavy Industries (Sumitomo Heavy Industries) Dividend Payout Ratio : 0.62 (As of Dec. 2023)

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What is Sumitomo Heavy Industries Dividend Payout Ratio?

Sumitomo Heavy Industries's dividend payout ratio for the months ended in Dec. 2023 was 0.62.

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

SOHVY' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.22 Med: 0.28 Max: 0.34
Current: 0.32

During the past 13 years, the highest Dividend Payout Ratio of Sumitomo Heavy Industries was 0.34. The lowest was 0.22. And the median was 0.28.

SOHVY's Dividend Payout Ratio is ranked better than
52.48% of 1671 companies
in the Industrial Products industry
Industry Median: 0.33 vs SOHVY: 0.32

As of today (2024-05-02), the Dividend Yield % of Sumitomo Heavy Industries is 2.86%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Sumitomo Heavy Industries was 7.25%. The lowest was 1.13%. And the median was 2.27%.

Sumitomo Heavy Industries's Dividends per Share for the months ended in Dec. 2023 was $0.10.

During the past 12 months, Sumitomo Heavy Industries's average Dividends Per Share Growth Rate was 4.30% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 9.70% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 3.70% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 10.10% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Sumitomo Heavy Industries was 49.40% per year. The lowest was -17.00% per year. And the median was 8.00% per year.

The growth rate is calculated with least square regression.

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

Sumitomo Heavy Industries Dividend Payout Ratio Historical Data

The historical data trend for Sumitomo Heavy Industries'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.

* Premium members only.

Sumitomo Heavy Industries Dividend Payout Ratio Chart

Sumitomo Heavy Industries Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Dec23

Dividend Payout Ratio

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0.28

0.34

0.26

0.28

0.31

Sumitomo Heavy Industries 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															-	0.62	-	0.62	-

Competitive Comparison of Sumitomo Heavy Industries's Dividend Payout Ratio

For the Specialty Industrial Machinery subindustry, Sumitomo Heavy Industries'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 Heavy Industries's Dividend Payout Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Sumitomo Heavy Industries's Dividend Payout Ratio distribution charts can be found below:

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

Sumitomo Heavy Industries Dividend Payout Ratio Calculation

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

Sumitomo Heavy Industries's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	0.2	/	0.648
	=	0.31

Sumitomo Heavy 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 )
	=	0.097	/	0.157
	=	0.62

Sumitomo Heavy Industries (OTCPK:SOHVY) 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 Heavy Industries Dividend Payout Ratio Related Terms

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Sumitomo Heavy Industries (Sumitomo Heavy Industries) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Sumitomo Heavy Industries Ltd (OTCPK:SOHVY) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

6302:Japan

Address

ThinkPark Tower, 1-1 Osaki 2-chome, Shinagawa-ku, Tokyo, JPN, 141-6025

Website

http://www.shi.co.jp

Sumitomo Heavy Industries Ltd develops and manufactures a range of industrial machinery, from gearboxes to ships and large-scale plants. It offers power transmission and control systems, molding machinery, mobile cranes, turbines, and other industrial systems to optimize production. The company has six operating segments: machinery components, precision machinery, construction machinery, industrial machinery, ships, and environmental facilities and plants. Its segments collaborate, utilize research and development, and look for synergies to create new technologies or build on existing components. Japan accounts for approximately half of total revenue, with the remainder split between the United States, China, and other areas.