Dividend Growth of Sumitomo Mitsui Financial Group Inc(SMFG)

Sumitomo Mitsui Financial Group Inc(SMFG) is having a Dividend Yield of 3.23% with the Annual cash Dividend per share of $0.25. Sumitomo Mitsui Financial Group Inc has a 5 year average dividend yield of 3.24% and the stock has a Indicated annual dividend of $0.26. Sumitomo Mitsui Financial Group Inc(SMFG) formally announced its most recent dividend on December 7, 2016 with a Dividend per share of $0.11. The new indicated annual dividend based on announced dividend per share is $0.26. The dividend yield based on the forward looking indicated annual dividend is 3.23%. Sumitomo Mitsui Financial Group Inc(SMFG) has the most recent dividend payout ratio of 0.35 with a 5-year average payout ratio of 0.23. Companys change in pay out ratio when compared to the last 5 years average pay out ratio has been 0.12. The 5 year historical dividend growth of Sumitomo Mitsui Financial Group Inc(SMFG) is at the rate of -1.11% while the R-Squared dividend growth is 0.01. If the value of R-Square is close to one, it indicates a perfect fit and the higher value conforms to the regression line while data close to zero indicates the opposite.

Sumitomo Mitsui Financial Group Inc (NYSE:SMFG) rose 0.25% or 0.02 points on Thursday and made its way into the gainers of the day. After trading began at $8.01 the stock was seen hitting $8.06 as a peak level and $8 as the lowest level. The stock ended up at $8.04. The daily volume was measured at 554,513 shares. The 52-week high of the share price is $8.3 and the 52-week low is $5.29. The company has a market cap of $54,962 million. Shares of Sumitomo Mitsui Financial Group, Inc. rose by 1.01% in the last five trading days and 2.94% for the last 4 weeks. Sumitomo Mitsui Financial Group, Inc. is up 9.09% in the last 3-month period. Year-to-Date the stock performance stands at 5.24%.

Institutional Investors own 1.09% of Sumitomo Mitsui Financial Group Inc shares.

SUMITOMO MITSUI FINANCIAL GROUP, INC., is a financial holding company established through a share transfer from Sumitomo Mitsui Banking Corporation. As a holding company, SMFG has functions such as strategic planning, management, resource allocation, strategic planning of information systems, financial management, investor relations, risk management, human resource management for group executives, and business auditing of the group as a whole. Sumitomo Mitsui Card Company, Limited, SMBC Leasing Company, Limited, SMBC Friend Securities and The Japan Research Institute are wholly-owned subsidiaries of SMFG.

Sumitomo

Share this post

Post Comment