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 $0.15 per ordinary share which will be made payable on 2023-12-08. Ex dividend date: 2023-09-28
• Sumitomo Mitsui Financial annual dividend for 2023 was $0.29
• Sumitomo Mitsui Financial's trailing twelve-month (TTM) dividend yield is -%
Sumitomo Mitsui Financial Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 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 Yield
Sumitomo Mitsui Financial current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Sumitomo Mitsui Financial stock? Use our calculator to estimate your expected dividend yield:
Sumitomo Mitsui Financial Financial Ratios
Sumitomo Mitsui Financial Dividend FAQ
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.
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