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 | ||
5,272 JPY | +3.78% | +2.83% | +24.16% |
Apr. 20 | Vale Indonesia shareholders approve rights issue plan | RE |
Apr. 09 | Kenorland Minerals Completes Winter Exploration Program at Frotet Project in Quebec | MT |
EPS Revisions
1st Jan change | Capi. | |
---|---|---|
+24.16% | 9.2B | |
+35.87% | 90.41B | |
+18.63% | 72.53B | |
-.--% | 27.75B | |
+48.73% | 10.49B | |
+12.94% | 8.86B | |
-8.73% | 6.9B | |
+44.50% | 6.78B | |
+23.28% | 5.19B | |
-52.51% | 4.42B |
- Stock Market
- Equities
- 5713 Stock
- News Sumitomo Metal Mining Co., Ltd.
- Sumitomo Metal Mining Co., Ltd. Announces Changes to the Dividend Policy