Sumitomo Heavy Industries, Ltd. manufactures and sells general machinery, advanced precision machinery, construction machinery, ships, and environmental plant facilities in Japan and internationally. The company operates through four segments: Mechatronics, Industrial Machinery, Logistics & Construction, and Energy & Lifelines. Its Mechatronics segment offers gear reducers, motors, and boxes; motion control drives, inverters, precision positioning equipment, laser processing systems, control systems and components, motion components, and drive and collaborative robot solutions. The company's Industrial Machinery segment provides plastics machinery, film forming machines, cryogenic equipment, precision forgings, semiconductor production equipment, medical machines and equipment, forging press machines, machining tools, air conditioning equipment, defense equipment, injection molding machines, transfer molding presses, cryocoolers, cryopumps, ion accelerators and implanters, cyclotrons, tracer production systems, proton therapy systems, vacuum coating equipment, steel tube air forming systems, lifting magnets, spinning machines, clean room systems, dust collectors, cast iron and steel rolls, surface grinding machines, coolant systems, and extrusion coating products. Its Logistics & Construction segment offers hydraulic excavators, mobile cranes, road machinery, material handling systems, logistics systems, automated parking systems, road machinery, crawler cranes, foundation machines, and forklifts. The company's Energy & Lifelines segment provides private power generation facilities, boilers, air pollution control equipment, water and sewage treatment systems, industrial waste treatment facilities, turbines, pumps, process equipment, pressure vessels, mixing vessels, food processing machinery, ships, circulating and bubbling fluidized bed boilers, liquid air energy storage, rotary kiln-type recycling facilities, electrostatic precipitators, ash handling systems, evaporation and crystallization facilities, fluidized bed gasifiers, waste heat boilers, waste-to-energy plants, CFB scrubbers, baghouses, flue gas denitrification systems, plant operation support systems, industrial waste water treatment facilities, water and sewage treatment systems, steam turbines, process pumps, distillation technology and extractors, reactor vessels, mixing vessels, coke oven machines, food and beverage manufacturing facilities, and oil tankers. The company was founded in 1888 and is headquartered in Tokyo, Japan.
Sumitomo Heavy Industries Dividend Announcement
• Sumitomo Heavy Industries announced a semi annually dividend of ¥65.00 per ordinary share which will be made payable on 2025-03-01. Ex dividend date: 2024-12-27
• Sumitomo Heavy Industries annual dividend for 2024 was ¥125.00
• Sumitomo Heavy Industries annual dividend for 2023 was ¥120.00
• Sumitomo Heavy Industries's trailing twelve-month (TTM) dividend yield is 3.62%
• Sumitomo Heavy Industries's payout ratio for the trailing twelve months (TTM) is 33.38%
• Sumitomo Heavy Industries's dividend growth over the last five years (2018-2023) was 4.78% year
• Sumitomo Heavy Industries's dividend growth over the last ten years (2013-2023) was 32.86% year
Sumitomo Heavy Industries Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-12-27 | ¥65.00 | semi annually | 2025-03-01 |
| 2024-06-27 | ¥60.00 | semi annually | 2024-09-02 |
| 2023-12-28 | ¥60.00 | semi annually | 2024-03-29 |
| 2023-06-29 | ¥60.00 | semi annually | 2023-09-01 |
| 2022-12-29 | ¥45.00 | semi annually | 2023-03-31 |
| 2022-09-29 | ¥45.00 | semi annually | 2022-12-02 |
| 2022-03-30 | ¥80.00 | semi annually | 2022-06-30 |
| 2021-09-29 | ¥35.00 | semi annually | 2021-12-01 |
| 2021-03-30 | ¥45.00 | semi annually | 2021-06-30 |
| 2020-09-29 | ¥9.00 | semi annually | 2020-12-01 |
| 2020-03-30 | ¥35.00 | semi annually | 2020-06-29 |
| 2019-09-27 | ¥56.00 | semi annually | 2019-12-02 |
| 2019-03-27 | ¥62.00 | semi annually | 2019-06-28 |
| 2018-09-26 | ¥50.00 | semi annually | 2018-12-03 |
| 2018-03-28 | ¥45.00 | semi annually | 2018-06-29 |
| 2017-09-27 | ¥8.00 | semi annually | 2017-12-01 |
| 2017-03-29 | ¥9.00 | semi annually | 2017-06-30 |
| 2016-09-28 | ¥7.00 | semi annually | |
| 2016-03-29 | ¥9.00 | semi annually | |
| 2015-09-28 | ¥7.00 | semi annually | |
| 2015-03-27 | ¥7.00 | semi annually | |
| 2014-09-26 | ¥5.00 | semi annually | |
| 2014-03-27 | ¥4.00 | semi annually | |
| 2013-09-26 | ¥3.00 | semi annually | |
| 2013-03-27 | ¥4.00 | semi annually |
Sumitomo Heavy Industries Dividend per year
Sumitomo Heavy Industries Dividend growth
Sumitomo Heavy Industries Dividend Yield
Sumitomo Heavy Industries current trailing twelve-month (TTM) dividend yield is 3.62%. Interested in purchasing Sumitomo Heavy Industries stock? Use our calculator to estimate your expected dividend yield:
Sumitomo Heavy Industries Financial Ratios
Sumitomo Heavy Industries Dividend FAQ
Other factors to consider when evaluating Sumitomo Heavy Industries as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Sumitomo Heavy Industries's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Sumitomo Heavy Industries publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Sumitomo Heavy Industries distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Sumitomo Heavy Industries are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Sumitomo Heavy Industries sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Sumitomo Heavy Industries distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Sumitomo Heavy Industries declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Sumitomo Heavy Industries's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Sumitomo Heavy Industries's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.