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Sumitomo Realty & Development Co (TSE:8830) Dividend Yield % : 1.09% (As of Apr. 28, 2024)


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What is Sumitomo Realty & Development Co Dividend Yield %?

As of today (2024-04-28), the Trailing Annual Dividend Yield of Sumitomo Realty & Development Co is 1.09%.

The historical rank and industry rank for Sumitomo Realty & Development Co's Dividend Yield % or its related term are showing as below:

TSE:8830' s Dividend Yield % Range Over the Past 10 Years
Min: 0.38   Med: 0.74   Max: 1.76
Current: 1.09

During the past 13 years, the highest Dividend Yield of Sumitomo Realty & Development Co was 1.76%. The lowest was 0.38%. And the median was 0.74%.

TSE:8830's Dividend Yield % is ranked worse than
85.52% of 891 companies
in the Real Estate industry
Industry Median: 3.51 vs TSE:8830: 1.09

Sumitomo Realty & Development Co's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.00.

During the past 13 years, the highest Dividend Payout Ratio of Sumitomo Realty & Development Co was 0.15. The lowest was 0.10. And the median was 0.11.

As of today (2024-04-28), the Forward Dividend Yield % of Sumitomo Realty & Development Co is 1.11%.

Sumitomo Realty & Development Co's Dividends per Share for the three months ended in Dec. 2023 was 円0.00.

During the past 12 months, Sumitomo Realty & Development Co's average Dividends Per Share Growth Rate was 21.30% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 14.10% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 14.00% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 10.50% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Sumitomo Realty & Development Co was 26.00% per year. The lowest was 1.60% per year. And the median was 13.40% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Sumitomo Realty & Development Co Dividend Yield % Historical Data

The historical data trend for Sumitomo Realty & Development Co's Dividend Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Sumitomo Realty & Development Co Dividend Yield % Chart

Sumitomo Realty & Development Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.63 1.33 0.97 1.33 1.74

Sumitomo Realty & Development Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Dividend Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.51 1.74 1.46 1.47 1.36

Competitive Comparison of Sumitomo Realty & Development Co's Dividend Yield %

For the Real Estate Services subindustry, Sumitomo Realty & Development Co's Dividend Yield %, along with its competitors' market caps and Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Sumitomo Realty & Development Co's Dividend Yield % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Sumitomo Realty & Development Co's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Sumitomo Realty & Development Co's Dividend Yield % falls into.



Sumitomo Realty & Development Co Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Sumitomo Realty & Development Co Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
JPY 30.0002024-03-282024-03-310000-00-00Cash Dividendsemi-annuallyJPY:JPY 1.000000
JPY 29.0002023-09-282023-09-302023-12-04Cash Dividendsemi-annuallyJPY:JPY 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Sumitomo Realty & Development Co's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=59/5391.00
=1.09 %

Current Share Price is 円5391.00.
Sumitomo Realty & Development Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is 円59.

Sumitomo Realty & Development Co's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=58/5391.00
=1.08 %

Current Share Price is 円5391.00.
Sumitomo Realty & Development Co's Dividends per Share for the forward twelve months is calculated as 円29 * 2 = 円58.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Sumitomo Realty & Development Co  (TSE:8830) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Sumitomo Realty & Development Co Dividend Yield % Related Terms

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Sumitomo Realty & Development Co (TSE:8830) Business Description

Traded in Other Exchanges
Address
Shinjuku NS Building, 4-1, Nishi-Shinjuku 2-chome, Shinjuku-ku, Tokyo, JPN, 163-0820
Sumitomo Realty & Development is one of the three big Japanese real estate companies. Unlike Mitsubishi Estate in Marunouchi or Mitsui Fudosan in Nihonbashi, it did not inherit a cluster of prime properties from its prewar predecessor, so Sumitomo Realty has built up a portfolio dispersed across central Tokyo (not just in the main business districts) by opportunistically redeveloping plots of land acquired piecemeal. After office leasing, condo development is a relatively important business for Sumitomo Realty, contributing close to one fourth of its operating profit. The firm is slightly smaller than Mitsubishi Estate and Mitsui Fudosan by assets and has more financial leverage than they do.

Sumitomo Realty & Development Co (TSE:8830) Headlines

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