Sumitomo Metal Mining Co., Ltd. announced changes to the dividend policy. The Company has set forth its dividend policy in the 2021 3-Year Business Plan (hereinafter "21 3-Year Plan"), namely "consolidated payout ratio to be 35% or more in principle," with a basic financial strategy of maintaining the consolidated equity ratio of over 50%. The Board has resolved that DOE (dividend on equity ratio) of 1.5% shall be added as a minimum indicator, and that the dividend policy shall be changed to "dividends from surplus shall be paid out with a consolidated payout ratio to be 35% or more and a minimum indicator to be DOE of 1.5% in principle." This new dividend policy will take effect from the year-end dividend for the fiscal year ending March 31, 2024.
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
5,128 JPY | +0.25% | -1.35% | +20.77% |
May. 27 | Sumitomo Metal Mining to Dispose of Over 2 Billion Yen of Treasury Shares as Employee Stock Compensation | MT |
May. 24 | IAMGold Raises About US$300.2 Million With Bought Deal Financing | MT |
EPS Revisions
1st Jan change | Capi. | |
---|---|---|
+20.77% | 8.94B | |
+39.26% | 92.67B | |
+23.87% | 75.75B | |
-.--% | 28.28B | |
+51.81% | 10.26B | |
+16.63% | 9.52B | |
+5.82% | 7.89B | |
+30.27% | 6.12B | |
+23.28% | 5.19B | |
-44.13% | 5.19B |
- Stock Market
- Equities
- 5713 Stock
- News Sumitomo Metal Mining Co., Ltd.
- Sumitomo Metal Mining Co., Ltd. Announces Changes to the Dividend Policy