If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Sumitomo Warehouse Co Ltd is 0.87, which seems too high.
During the past 13 years, the highest Dividend Payout Ratio of Sumitomo Warehouse Co was 0.87. The lowest was 0.27. And the median was 0.36.
During the past 12 months, Sumitomo Warehouse Co's average Dividends Per Share Growth Rate was -7.80% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 39.30% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 34.30% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was 15.10% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Sumitomo Warehouse Co was 65.20% per year. The lowest was -8.40% per year. And the median was 8.40% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
Sumitomo Warehouse Co Dividend Yield % Historical Data
The historical data trend for Sumitomo Warehouse 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.
Competitive Comparison of Sumitomo Warehouse Co's Dividend Yield %
For the Integrated Freight & Logistics subindustry, Sumitomo Warehouse 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 Warehouse Co's Dividend Yield % Distribution in the Transportation Industry
For the Transportation industry and Industrials sector, Sumitomo Warehouse Co's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Sumitomo Warehouse Co's Dividend Yield % falls into.
Sumitomo Warehouse Co Dividend Yield % Calculation
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Sumitomo Warehouse Co Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
JPY 50.500000
2024-03-28
2024-03-31
2024-06-28
Cash Dividend
semi-annually
JPY: 1.000000
JPY 50.500000
2023-09-28
2023-09-30
2023-12-01
Cash Dividend
semi-annually
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 Warehouse Co's Trailing Annual Dividend Yield (%) for Today is calculated as
* 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 Warehouse Co (TSE:9303) 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.
Sumitomo Warehouse Co Dividend Yield % Related Terms
Thank you for viewing the detailed overview of Sumitomo Warehouse Co's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
Sumitomo Warehouse Co (TSE:9303) Business Description
Sumitomo Warehouse Co Ltd is a logistics company domiciled in Japan. The company organises itself into three segments: logistics, shipping, and real estate. The logistics segment, which generates the majority of revenue, provides warehousing, transports cargo by air and land, and provides harbour transportation. Shipping, which generates the next largest portion of revenue, includes vessel operations to transport goods by sea. The real estate segment leases and sells real estate. The company derives the majority of income domestically.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
TSE:9303 has been successfully added to your 