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Sumitomo Metal Mining Co ( (JP:5713) ) has issued an announcement.
Sumitomo Metal Mining has revised its dividend forecast for the fiscal year ending March 31, 2026, sharply increasing its projected annual dividend per share to ¥228. The company plans to raise the year-end dividend to ¥163 per share, up ¥45 from the previous forecast, reflecting improved financial performance and a stronger shareholder return stance.
The revision follows a change in the company’s financial and shareholder return policy, which now targets a consolidated payout ratio of at least 35% and a minimum DOE of 3.5% while maintaining an equity ratio above 55%. This move signals a more shareholder-friendly capital allocation approach and suggests management’s confidence in earnings strength and balance sheet resilience, with implications for higher income for investors.
The most recent analyst rating on (JP:5713) stock is a Hold with a Yen9700.00 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. is a Japanese non-ferrous metals and materials company engaged in mining, smelting, refining and advanced materials production. The company supplies key metals and materials for industrial and high-tech applications, and targets sustainable growth while balancing capital efficiency and shareholder returns.
YTD Price Performance: 69.09%
Average Trading Volume: 4,594,173
Technical Sentiment Signal: Strong Buy
Current Market Cap: Yen2916.7B
See more data about 5713 stock on TipRanks’ Stock Analysis page.