Sumitomo Mitsui Financial Group, Inc., together with its subsidiaries, provides commercial banking, leasing, securities, consumer finance, and other services in Japan, the Americas, Europe, the Middle East, Asia, and Oceania. It operates through four segments: Wholesale Business Unit, Retail Business Unit, Global Business Unit, and Global Markets Business Unit. The Wholesale Business Unit segment offers financing, investment management, risk hedging, and settlement services, as well as financial solutions related to mergers and acquisition, and other advisory services primarily for large, mid, and small-sized corporate clients; various leasing services, including equipment, and operating and leveraged leasing; and digital services, such as robotic process automation and electronic contract services. The Retail Business Unit segment offers wealth management, settlement, consumer finance, and housing loan products and services, as well as business and asset succession services to high-net-worth customers. The Global Business Unit segment offers loans, deposits, clearing services, trade finance, project finance, loan syndication, derivatives, and cash management services; underwriting services; and leasing services related to the construction machinery, transportation equipment, industrial machinery, medical equipment, and aircraft leasing. The Global Markets Business Unit segment offers solutions through foreign exchange products, derivatives, bonds, stocks, and other marketable financial products. It also undertakes asset liability management operations. The company also offers credit card, internet banking, system development and engineering, data processing, management consulting and economic research, and investment advisory and investment trust management services. Sumitomo Mitsui Financial Group, Inc. was incorporated in 2002 and is headquartered in Tokyo, Japan.
Sumitomo Mitsui Financial Dividend Announcement
• Sumitomo Mitsui Financial announced a semi annually dividend of $0.14 per ordinary share which will be made payable on 2024-07-08. Ex dividend date: 2024-03-27
• Sumitomo Mitsui Financial annual dividend for 2024 was $0.14
• Sumitomo Mitsui Financial annual dividend for 2023 was $0.29
• Sumitomo Mitsui Financial's trailing twelve-month (TTM) dividend yield is 0.01%
Sumitomo Mitsui Financial Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-03-27 | $0.14 | semi annually | 2024-07-08 |
| 2023-09-28 | $0.15 | semi annually | 2023-12-08 |
| 2023-03-30 | $0.14 | semi annually | 2023-07-10 |
| 2022-09-29 | $0.14 | semi annually | 2022-09-30 |
Sumitomo Mitsui Financial Dividend per year
Sumitomo Mitsui Financial Dividend growth
Sumitomo Mitsui Financial Dividend Yield
Sumitomo Mitsui Financial current trailing twelve-month (TTM) dividend yield is 0.01%. Interested in purchasing Sumitomo Mitsui Financial stock? Use our calculator to estimate your expected dividend yield:
Sumitomo Mitsui Financial Financial Ratios
P/E ratio12.88
PEG ratio-0.01
P/B ratio0.87
ROE7.08%
Payout ratio0.00%
Current ratio2.31
Quick ratio3.68
Cash Ratio1.37
Sumitomo Mitsui Financial Dividend FAQ
How much is the next Sumitomo Mitsui Financial dividend?
Sumitomo Mitsui Financial's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Sumitomo Mitsui Financial dividend. The next Sumitomo Mitsui Financial dividend will be released in March, or September.
When is Sumitomo Mitsui Financial dividend paid?
Sumitomo Mitsui Financial pays dividends on a semi annually basis. The specific dates may vary each year but are generally around March, and September. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Sumitomo Mitsui Financial pay?
The specific amount of Sumitomo Mitsui Financial dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Sumitomo Mitsui Financial's dividend history.
Does Sumitomo Mitsui Financial stock pay dividends?
Yes, Sumitomo Mitsui Financial does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Sumitomo Mitsui Financial's dividend history.
How much dividend does Sumitomo Mitsui Financial pay?
Sumitomo Mitsui Financial paid $0.14 in 2024, $0.294 in 2023, $0.141 in 2022, $0.0 in 2021, and $0.0 in 2020.
How often does Sumitomo Mitsui Financial pay dividends?
Sumitomo Mitsui Financial typically pays dividends on a semi annually basis. This means that dividends are usually distributed 2 times a year. The specific payout dates may vary each year but generally fall around March, and September.
What is Sumitomo Mitsui Financial's dividend yield?
The current dividend yield for Sumitomo Mitsui Financial is 0.01%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Sumitomo Mitsui Financial's exact dividend yield.
When does Sumitomo Mitsui Financial go ex dividend?
Sumitomo Mitsui Financial's ex-dividend date for the latest dividend was on 2024-03-27. Sumitomo Mitsui Financial typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Sumitomo Mitsui Financial dividend paid?
Sumitomo Mitsui Financial pays dividends on a semi annually basis, typically around March, or September, but the exact dates can vary each year.
Will Sumitomo Mitsui Financial increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Sumitomo Mitsui Financial will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Sumitomo Mitsui Financial dividend per share?
Sumitomo Mitsui Financial paid $0.14 per share in 2024 and $0.294 per share in 2023. The amount of dividend per share that Sumitomo Mitsui Financial pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Sumitomo Mitsui Financial a dividend aristocrat?
No, 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 Mitsui Financial a dividend king?
No, 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 Mitsui Financial a dividend stock?
Yes, Sumitomo Mitsui Financial is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Sumitomo Mitsui Financial a good dividend stock?
Whether Sumitomo Mitsui Financial is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Sumitomo Mitsui Financial has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Sumitomo Mitsui Financial 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.
Other factors to consider when evaluating Sumitomo Mitsui Financial 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.
Does Sumitomo Mitsui Financial pay dividends monthly?
Sumitomo Mitsui Financial typically pays dividends on a semi annually basis.
Does Sumitomo Mitsui Financial pay dividends quarterly?
Sumitomo Mitsui Financial currently pays dividends on a semi annually basis.
Has Sumitomo Mitsui Financial ever paid a dividend?
Yes, Sumitomo Mitsui Financial has a history of paying dividends to its shareholders. Sumitomo Mitsui Financial is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Sumitomo Mitsui Financial dividend stocks?
To buy Sumitomo Mitsui Financial 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, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Sumitomo Mitsui Financial 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.
Place an order: Use the brokerage's trading platform to place an order to buy Sumitomo Mitsui Financial 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.
When does Sumitomo Mitsui Financial pay dividends 2024?
Sumitomo Mitsui Financial pays dividends on a semi annually basis. 2024 dividend payments are in 2024-07-08. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Sumitomo Mitsui Financial increase its dividend in 2024?
Decisions regarding Sumitomo Mitsui Financial dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Sumitomo Mitsui Financial dividend overview you can look into the above table of dividend history.
How Sumitomo Mitsui Financial dividend works?
The Sumitomo Mitsui Financial dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Sumitomo Mitsui Financial's dividend process works:
1. Determination of Dividend: Sumitomo Mitsui Financial'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 Mitsui Financial 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 Mitsui Financial 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 Mitsui Financial 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. Determination of Dividend: Sumitomo Mitsui Financial'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 Mitsui Financial 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 Mitsui Financial 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 Mitsui Financial 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.
How are Sumitomo Mitsui Financial dividends paid?
Sumitomo Mitsui Financial dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Sumitomo Mitsui Financial 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 Mitsui Financial 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 Mitsui Financial 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.
1. Record Date: Sumitomo Mitsui Financial 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 Mitsui Financial 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 Mitsui Financial 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.
How many times does Sumitomo Mitsui Financial pay dividends?
Sumitomo Mitsui Financial typically pays dividends on a semi annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Sumitomo Mitsui Financial pay dividends?
The general pattern is that Sumitomo Mitsui Financial pays dividends around March, and September. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Sumitomo Mitsui Financial dividend safe?
The safety of Sumitomo Mitsui Financial's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Sumitomo Mitsui Financial'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 Mitsui Financial'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.
To assess the safety of Sumitomo Mitsui Financial'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 Mitsui Financial'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.