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Sumitomo Metal Mining Co., Ltd., together with its subsidiaries, engages in mining, smelting, and refining non-ferrous metals in Japan and internationally. It operates through three segments: Mineral Resources, Smelting & Refining, and Materials. The company provides metal products, including copper, nickel/cobalt, gold/precious metal, and other deposits. It also offers Battery Materials, such as nickel hydroxides and lithium nickel-cobalt-aluminum oxides; crystal materials, including lithium tantalates/lithium niobates, optical isolators, and faraday rotators; powder materials comprising thick film pastes, nickel powders, fine copper powders, nickel oxides, near-infrared shielding materials, deep-tinting materials, sputtering targets/tablets, electromagnetic sheets and coils, rare earth magnetic materials, and lubricants; package materials consisting of copper-clad polyimide films and printed wiring boards; automotive/chemical, hydro processing (HPC), rejuvenation and regeneration of HPC, and petrochemical catalysts products; construction materials; and terminal and connectors, and lens barrels. In addition, the company is involved in the water and precious recycling; water treatment and environment-related engineering; sterilization and property modification by irradiation; and domestic marine transportation businesses. Additionally, it engages in the real estate and technical engineering businesses. The company was formerly known as Seika Kogyo (Mining) Co., Ltd. and changed its name to Sumitomo Metal Mining Co., Ltd. in June 1952. Sumitomo Metal Mining Co., Ltd. was founded in 1590 and is headquartered in Tokyo, Japan.

Sumitomo Metal Mining Dividend Announcement

• Sumitomo Metal Mining announced a semi annually dividend of $0.25 per ordinary share which will be made payable on . Ex dividend date: 2021-09-28
• Sumitomo Metal Mining's trailing twelve-month (TTM) dividend yield is -%
• Sumitomo Metal Mining's payout ratio for the trailing twelve months (TTM) is 44.92%

Sumitomo Metal Mining Dividend History

Ex-Div dateDividend amountDividend typePay date
2021-09-28$0.25semi annually
2021-03-29$0.22semi annually

Sumitomo Metal Mining Dividend per year

Sumitomo Metal Mining Dividend Yield

Sumitomo Metal Mining current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Sumitomo Metal Mining stock? Use our calculator to estimate your expected dividend yield:

Sumitomo Metal Mining Financial Ratios

P/E ratio4.21
PEG ratio0.00
P/B ratio0.14
ROE3.32%
Payout ratio44.92%
Current ratio1.84
Quick ratio0.81
Cash Ratio0.30

Sumitomo Metal Mining Dividend FAQ

Does Sumitomo Metal Mining stock pay dividends?
Sumitomo Metal Mining does not currently pay dividends to its shareholders.
Has Sumitomo Metal Mining ever paid a dividend?
No, Sumitomo Metal Mining has no a history of paying dividends to its shareholders. Sumitomo Metal Mining is not known for its dividend payments.
Why doesn't Sumitomo Metal Mining pay dividends?
There are several potential reasons why Sumitomo Metal Mining 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 Sumitomo Metal Mining 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 Sumitomo Metal Mining 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 Sumitomo Metal Mining a dividend aristocrat?
Sumitomo Metal Mining 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 Sumitomo Metal Mining a dividend king?
Sumitomo Metal Mining 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 Sumitomo Metal Mining a dividend stock?
No, Sumitomo Metal Mining 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 Sumitomo Metal Mining stocks?
To buy Sumitomo Metal Mining 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 Sumitomo Metal Mining 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.