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 June 26, 2024
| Interim Dividend Per Share |
Year-end Dividend Per Share |
Annual Dividend Per Share |
|
|---|---|---|---|
| Period ending March 2025 (FY2024) | (forecast) 49 yen | (forecast) 50 yen | (forecast) 99 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 2024 (FY2023) | 35 yen | 63 yen | 98 yen |
| 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.
