Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Sumitomo Electric Industries ( (JP:5802) ) just unveiled an announcement.
Sumitomo Electric Industries announced an increase in its year-end dividend for the fiscal year ended March 31, 2025, to 61 yen per share, up from the previous forecast of 41 yen. This decision reflects the company’s strong financial performance, with consolidated net sales and profits exceeding both the previous year’s results and the annual forecast.
The most recent analyst rating on (JP:5802) stock is a Buy with a Yen3650.00 price target. To see the full list of analyst forecasts on Sumitomo Electric Industries stock, see the JP:5802 Stock Forecast page.
More about Sumitomo Electric Industries
Sumitomo Electric Industries, Ltd. operates in the electrical and electronics industry, focusing on the production of electric wires, cables, and other related products. The company is listed on the Tokyo, Nagoya, and Fukuoka Stock Exchanges.
Average Trading Volume: 4,002,014
Technical Sentiment Signal: Buy
Current Market Cap: Yen1904.1B
Find detailed analytics on 5802 stock on TipRanks’ Stock Analysis page.