Sumitomo Riko Company Limited manufactures and sells automotive parts. It provides automotive products, including anti-vibration rubber products, such as heat-resistant rubber products, chassis parts, lightweight parts, active control parts, and dampers; hoses, including rubber and resin fuel, air control, water, oil, canisters, hydrogen, and air conditioner hoses; sound controlling and insulation products comprising standing wave spacers and engine cover products; heat conducting and sound reducing materials, including magnetic induction foaming; and interior equipment consisting of head rests and arm rests. The company also offers seal products, consisting of connector and wire seals; cell gaskets for fuel cell vehicles; and electronic products, including charging and developer rolls, cleaning blades, intermediate transfer belts, sponge and paper feeder rollers, water-developable flexographic printing plates. In addition, it provides hydraulic hoses used in heavy construction equipment and forklifts; industrial hoses for construction and civil engineering industry; anti-vibration rubber for rolling stocks; disc rubber bearings and seismic isolation rubber bearings used in bridges, highways, and railways; and landscape materials. Further, the company offers housing environment products, such as seismic control systems for wooden houses and buildings, dampers for traffic vibration mitigation, heavy floor impact noise countering dampers, window films against heat, and concrete molds used in construction and building; and health and nursing products, including body pressure sensors, training and evaluation systems for chest compression, and active mattress, as well as micro-fluid chips. The company was formerly known as Tokai Rubber Industries, Ltd. and changed its name to Sumitomo Riko Company Limited in October 2014. The company was founded in 1929 and is headquartered in Nagoya, Japan.
Sumitomo Riko Dividend Announcement
• Sumitomo Riko announced a semi annually dividend of ¥29.00 per ordinary share which will be made payable on 2025-06-01. Ex dividend date: 2025-03-28
• Sumitomo Riko's trailing twelve-month (TTM) dividend yield is 3.28%
• Sumitomo Riko's payout ratio for the trailing twelve months (TTM) is 16.36%
Sumitomo Riko Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2025-03-28 | ¥29.00 | semi annually | 2025-06-01 |
2024-09-27 | ¥24.00 | semi annually | 2024-12-02 |
2024-03-28 | ¥28.00 | semi annually | |
2023-09-28 | ¥8.00 | semi annually | 2023-12-01 |
2023-03-30 | ¥8.00 | semi annually | 2023-06-16 |
2022-09-29 | ¥7.00 | semi annually | 2022-12-01 |
2022-03-30 | ¥7.00 | semi annually | 2022-06-17 |
2021-09-29 | ¥7.00 | semi annually | 2021-12-01 |
2021-03-30 | ¥7.00 | semi annually | 2021-06-18 |
2020-03-30 | ¥7.00 | semi annually | 2020-06-19 |
2019-09-27 | ¥7.00 | semi annually | 2019-12-02 |
2019-03-27 | ¥4.00 | semi annually | 2019-06-21 |
2018-09-26 | ¥10.00 | semi annually | 2018-12-03 |
2018-03-28 | ¥10.00 | semi annually | 2018-06-22 |
2017-09-27 | ¥10.00 | semi annually | 2017-12-01 |
2017-03-29 | ¥10.00 | semi annually | 2017-06-23 |
2016-09-28 | ¥9.00 | semi annually | |
2016-03-29 | ¥9.00 | semi annually | |
2015-09-28 | ¥9.00 | semi annually | |
2015-03-27 | ¥9.00 | semi annually | |
2014-09-26 | ¥9.00 | semi annually | |
2014-03-27 | ¥9.00 | semi annually |
Sumitomo Riko Dividend per year
Sumitomo Riko Dividend growth
Sumitomo Riko Dividend Yield
Sumitomo Riko current trailing twelve-month (TTM) dividend yield is 3.28%. Interested in purchasing Sumitomo Riko stock? Use our calculator to estimate your expected dividend yield:
Sumitomo Riko Financial Ratios
Sumitomo Riko Dividend FAQ
Other factors to consider when evaluating Sumitomo Riko 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 Riko'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 Riko 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 Riko 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 Riko 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 Riko 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 Riko 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 Riko 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 Riko'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 Riko'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.