Sumitomo Metal Mining Announces Dividend of Surplus

Sumitomo Metal Mining Co ( (JP:5713) ) has shared an update.

Sumitomo Metal Mining Co., Ltd. has announced a resolution to pay dividends of surplus, with a record date of March 31, 2025, and an effective date of June 27, 2025. The proposed dividend per share is 55.00 yen, reflecting the company’s financial strategy to maintain a consolidated equity ratio greater than 50% and a payout ratio of 35% or more. This decision aligns with their 2021 3-Year Business Plan, considering future business development and financial performance, resulting in an expected annual dividend of 104.00 yen per share for the fiscal year.

The most recent analyst rating on (JP:5713) stock is a Buy with a Yen4800.00 price target. To see the full list of analyst forecasts on Sumitomo Metal Mining Co stock, see the JP:5713 Stock Forecast page.

More about Sumitomo Metal Mining Co

Sumitomo Metal Mining Co., Ltd. operates in the mining and metal industry, focusing on the production and sale of non-ferrous metals and electronic materials. The company is a significant player in the global market, known for its comprehensive mining operations and commitment to sustainable practices.

Average Trading Volume: 2,510,096

Technical Sentiment Signal: Strong Sell

Current Market Cap: Yen865.8B

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