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Sumiken Mitsui Road Co.,Ltd. primarily engages in construction business in Japan. The company is involved in the design, construction, and supervision of pavements and roads, airports, ports, and living and community facilities, as well as landscaping, civil works, building, and electricity and plumbing works. It also manufactures, sells, and leases machinery; and offers consulting services, security guard outsourcing, and buildings and equipment maintenance and management services. In addition, the company engages in the collection, transportation, and treatment of general and industrial waste; manufacture and sale of asphalt mixture, aggregates, and other construction materials; and acquisition, management, use, disposal, leasing, and sale of real estate properties. Further, it is involved in the soil and groundwater pollution restoration and purification activities; and generation, supply, and sale of solar power. The company was founded in 1948 and is headquartered in Tokyo, Japan. Sumiken Mitsui Road Co.,Ltd. is a subsidiary of Sumitomo Mitsui Construction Co. Ltd.

Sumiken Mitsui Road Dividend Announcement

Sumiken Mitsui Road announced a annually dividend of ¥0.00 per ordinary share which will be made payable on . Ex dividend date: 2025-03-28
Sumiken Mitsui Road's trailing twelve-month (TTM) dividend yield is 3.57%

Sumiken Mitsui Road Dividend History

Ex-Div dateDividend amountDividend typePay date
2025-03-28¥0.00annually
2024-03-28¥40.00annually
2023-03-30¥35.00annually2023-06-30
2022-03-30¥30.00annually2022-06-30
2021-03-30¥26.00annually2021-06-30
2020-03-30¥26.00annually2020-06-29
2019-03-27¥23.00annually2019-06-28
2018-03-28¥8.00annually2018-06-29
2017-03-29¥6.00annually2017-06-30
2016-03-29¥4.00annually
2015-03-27¥3.00annually
2014-03-27¥3.00annually

Sumiken Mitsui Road Dividend per year

Sumiken Mitsui Road Dividend growth

Sumiken Mitsui Road Dividend Yield

Sumiken Mitsui Road current trailing twelve-month (TTM) dividend yield is 3.57%. Interested in purchasing Sumiken Mitsui Road stock? Use our calculator to estimate your expected dividend yield:

Sumiken Mitsui Road Financial Ratios

P/E ratio20.82
PEG ratio0.21
P/B ratio0.79
ROE3.75%
Payout ratio0.00%
Current ratio1.86
Quick ratio1.81
Cash Ratio1.08

Sumiken Mitsui Road Dividend FAQ

Does Sumiken Mitsui Road stock pay dividends?
Sumiken Mitsui Road does not currently pay dividends to its shareholders.
Has Sumiken Mitsui Road ever paid a dividend?
No, Sumiken Mitsui Road has no a history of paying dividends to its shareholders. Sumiken Mitsui Road is not known for its dividend payments.
Why doesn't Sumiken Mitsui Road pay dividends?
There are several potential reasons why Sumiken Mitsui Road would choose not to pay dividends to their shareholders:

1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.

2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.

3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.

4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.

5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
Will Sumiken Mitsui Road ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While Sumiken Mitsui Road has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is Sumiken Mitsui Road a dividend aristocrat?
Sumiken Mitsui Road is not considered a Dividend Aristocrat. The term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Sumiken Mitsui Road a dividend king?
Sumiken Mitsui Road is not classified as a "Dividend King". A Dividend King is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Sumiken Mitsui Road a dividend stock?
No, Sumiken Mitsui Road is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy Sumiken Mitsui Road stocks?
To buy Sumiken Mitsui Road you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees and account minimums.

Place an order: Use the brokerage's trading platform to place an order to buy Sumiken Mitsui Road stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.