Stock & Shareholder Information

Shareholder Return and Dividend Information

Sumitomo Metal Mining’s approach

The Sumitomo Metal Mining Group recognizes appropriate distribution of profits to shareholders as one of our most important management issues.
In our 2021 3-Year Business Plan(FY2022 to FY2024), we strive for the further improvement of our corporate value, also set “consolidated payout ratio to be 35% or more in principle,” with a basic financial strategy of maintaining the consolidated equity ratio of over 50%.
From the year-end dividend for the fiscal year ending March 31, 2024, DOE (dividend on equity ratio*) of 1.5% shall be added as a minimum indicator, so 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.”

DOE (dividend on equity ratio) = Annual total dividends / Consolidated net assets attributable to owners of parent

Dividends

As of February 8, 2024

Interim Dividend
Per Share
Year-end Dividend
Per Share
Annual Dividend
Per Share
Period ending March 2024 (FY2023) 35 yen (forecast) 63 yen (forecast) 98 yen

*Note: The above dividend forecast is based on current data available as of the time of this release. There for actual dividends may differ from this statement for various factors.

Dividend Fluctuations

Interim Dividend
Per Share
Periodic Dividend
Per Share
Annual Dividend
Per Share
Period ending March 2023 (FY2022) 90 yen 115 yen 205 yen
Period ending March 2022 (FY2021) 113 yen 188 yen 301 yen
Period ending March 2021 (FY2020) 22 yen 99 yen 121 yen
Period ending March 2020 (FY2019) 39 yen 39 yen 78 yen
Period ending March 2019 (FY2018) 51 yen 22 yen 73 yen
Period ending March 2018 (FY2017) 17 yen 66 yen - yen
Period ending March 2017 (FY2016) 5 yen 6 yen 11 yen
Period ending March 2016 (FY2015) 21 yen 10 yen 31 yen
Period ending March 2015 (FY2014) 24 yen 24 yen 48 yen
Period ending March 2014 (FY2013) 17 yen 20 yen 37 yen
Period ending March 2013 (FY2012) 14 yen 20 yen 34 yen
Period ending March 2012 (FY2011) 16 yen 12 yen 28 yen
Period ending March 2011 (FY2010) 12 yen 20 yen 32 yen
Period ending March 2010 (FY2009) 7 yen 13 yen 20 yen
Period ending March 2009 (FY2008) 13 yen 0 yen 13 yen
Period ending March 2008 (FY2007) 15 yen 15 yen 30 yen
Period ending March 2007 (FY2006) 11 yen 16 yen 27 yen
Period ending March 2006 (FY2005) 0 yen 14 yen 14 yen
Period ending March 2005 (FY2004) 0 yen 8 yen 8 yen
Period ending March 2004 (FY2003) 0 yen 6 yen 6 yen
Period ending March 2003 (FY2002) 0 yen 5 yen 5 yen

SMM carried out the consolidation of shares at the ratio of 2 shares to 1 share on October 1, 2017. As the second quarter-end dividend for the fiscal year ending March 31, 2018 was paid based on the number of shares prior to the consolidation of shares, the second quarter-end dividend per share is shown in the amount prior to the consolidation of shares. The year-end dividend per share for the fiscal year ending March 31, 2018 is shown in the amount based on the consolidation of shares and the full-year dividend is shown as “dash” in the table above, as it would cause misunderstanding in summing up the amounts. The full-year dividend per share calculated on a post-consolidation of share basis is ¥100 for the year ended March 31, 2018.