Sumitomo Mitsui Financial dividend yield calculator – Sumitomo Mitsui Financial Group Inc Announces 115.0 Cash Dividend

March 19, 2023

Dividends Yield

On March 2 2023, Sumitomo Mitsui Financial ($TSE:8316) Group Inc Announces 115.0 Cash Dividend. This comes after a series of dividends released by SUMITOMO MITSUI FINANCIAL over the last 3 years. These include 220.0 JPY, 210.0 JPY and 190.0 JPY for the respective years. SUMITOMO MITSUI FINANCIAL has an impressive dividend yield of 5.95%, offering an expected return between 2021 and 2023 up to 5.6% and 7.01%, making it a great choice for investors looking for high dividend stocks.

The ex-dividend date for the announced cash dividend is set on March 30 2023, which means investors who purchase the stock before this date will be eligible for the dividend payout. Those who invest afterwards, still can benefit from the almost 6% return rate provided by SUMITOMO MITSUI FINANCIAL.

Price History

The announcement saw the company’s stock open at JP¥5907.0 and close at JP¥5911.0, which was a small drop from the previous closing price of JP¥5923.0. This announcement follows the Group’s plan to return more money to shareholders, which has seen it increasing its dividend year-over-year. Live Quote…

About the Company

  • Industry Classification
  • Key Executives
  • Ownership (Institutional/ Fund Holdings)
  • News Feed
  • Income Snapshot

    Below shows the total revenue, net income and net margin for Sumitomo Mitsui Financial. More…

    Total Revenues Net Income Net Margin
    847.86k
  • Income Statement Reports (Yearly/ Quarterly/ LTM)
  • Income Supplement
  • Growth Performance
  • Cash Flow Snapshot

    Below shows the cash from operations, investing and financing for Sumitomo Mitsui Financial. More…

    Operations Investing Financing
    1.55M -2.41M -485.34k
  • Cash Flow Statement (Yearly/ Quarterly/ LTM)
  • Cash Flow Supplement
  • Balance Sheet Snapshot

    Below shows the total assets, liabilities and book value per share for Sumitomo Mitsui Financial. More…

    Total Assets Total Liabilities Book Value Per Share
    264.64M 252.16M
  • Balance Sheet (Yearly/ Quarterly)
  • Balance Sheet Supplement
  • Key Ratios Snapshot

    Some of the financial key ratios for Sumitomo Mitsui Financial are shown below. More…

    3Y Rev Growth 3Y Operating Profit Growth Operating Margin
    -7.4%
    FCF Margin ROE ROA
  • Income Statement Ratios
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  • Cash Flow Ratios
  • Valuation Ratios
  • Other Ratios
  • Other Supplementary Items
  • Analysis – Sumitomo Mitsui Financial Intrinsic Value Calculation

    At GoodWhale, we have conducted an analysis of SUMITOMO MITSUI FINANCIAL’s fundamentals. Based on our proprietary Valuation Line, the fair value of SUMITOMO MITSUI FINANCIAL share is estimated to be around JP¥4250.1. Currently, SUMITOMO MITSUI FINANCIAL stock is trading at JP¥5911.0, which implies an overvaluation by 39.1%. More…

  • Risk Rating Analysis
  • Star Chart Analysis
  • Valuation Analysis
  • Peers

    These competitors include Mizuho Financial Group Inc, Shinkin Central Bank, and Mitsubishi UFJ Financial Group Inc. All of these financial service providers are vying for customers and market share in Japan’s competitive financial services market.

    – Mizuho Financial Group Inc ($TSE:8411)

    Mizuho Financial Group Inc is a financial services company with a market cap of 4.83T as of 2023. The company provides banking, trust, securities and other financial services, as well as leasing, venture capital and other services. It operates through various subsidiaries, including Mizuho Bank, Mizuho Securities, Mizuho Information & Research Institute, and Mizuho Trust & Banking. The company has a strong presence in Japan, the US, Europe and the Asia-Pacific region. It is one of the largest banking groups in Japan and is among the top ten largest banks in the world by total assets.

    – Shinkin Central Bank ($TSE:8421)

    Shinkin Central Bank has a market capitalization of 1.84T as of 2023, making it one of the largest financial institutions in Japan. It provides a wide range of banking services to its customers including savings, deposits, loans, and investments. The bank is also involved in the securities industry, providing both retail and institutional investors with brokerage services and other related services. Shinkin Central Bank is focused on offering high-quality products and services to its customers, as well as maintaining a strong financial position so as to be able to successfully navigate through any economic challenges.

    – Mitsubishi UFJ Financial Group Inc ($TSE:8306)

    Mitsubishi UFJ Financial Group Inc is a Japanese financial services holding company and one of the largest banking institutions in the world. As of 2023, it has a market capitalization of 11.68T, making it one of the most valuable companies in Japan and the world. The company provides a wide range of financial services, including corporate banking, commercial banking, retail banking, asset management, leasing and other services. Through its subsidiaries and affiliates, Mitsubishi UFJ Financial Group offers securities brokerage and investment banking services, trust banking services, credit card services, and life insurance products. It also operates a network of approximately 3,500 ATMs and nearly 17,000 branches in Japan.

    Summary

    Investing in SUMITOMO MITSUI FINANCIAL can be a great way to generate returns. The company’s dividends per share for the past three years have been 220.0 JPY, 210.0 JPY and 190.0 JPY, offering an average dividend yield of 5.95%. With the current dividend structure, investors can expect a return of up to 5.6% by 2021 and 7.01% by 2023, making it an attractive investment opportunity. Furthermore, SUMITOMO MITSUI FINANCIAL has also demonstrated its commitment to providing shareholders with consistent dividends, making it an ideal investment for those seeking steady returns and income.

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