Sumitomo Corporation aims to increase dividends by achieving medium and long-term earnings growth while adhering to its fundamental policy of paying shareholders a stable dividend over the long term.
During “Medium-Term Management Plan 2020” started from April 2018, we decide the dividend amount in view of the situations regarding basic profit and cash flow, with a consolidated payout ratio of 30% as our guideline. The annual dividend for fiscal year ending March 31, 2019 will be 75 yen per share (the dividend for the previous term was 62 yen per share) as announced on May 8, 2018. Therefore, the interim dividend for fiscal year ending March 31, 2019 is 37 yen per share, half of the amount of planned annual dividend (the interim dividend for the previous term was 28 yen per share).
Earnings and Dividend per Share
|For the years ended March 31||FY2014||FY2015||FY2016||FY2017||FY2018
|Dividend per Share (Annual Total)||¥50.00||¥50.00||¥50.00||¥62.00||¥75.00