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Sumitomo Mitsui Financial Group Increases Dividend Forecast Amid Strong Earnings

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Sumitomo Mitsui Financial Group Increases Dividend Forecast Amid Strong Earnings

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Sumitomo Mitsui Financial Group ( (JP:8316) ) has provided an announcement.

Sumitomo Mitsui Financial Group announced an increase in interim dividends from surplus, with a revised dividend forecast for the fiscal year ending March 31, 2026. The interim dividend per share has been increased to ¥78, and the year-end dividend forecast has been revised to ¥79 per share, reflecting an overall positive revision in earnings forecasts. This adjustment indicates a strong financial performance and is likely to positively impact the company’s stakeholders, enhancing its market position.

The most recent analyst rating on (JP:8316) stock is a Hold with a Yen4610.00 price target. To see the full list of analyst forecasts on Sumitomo Mitsui Financial Group stock, see the JP:8316 Stock Forecast page.

More about Sumitomo Mitsui Financial Group

Sumitomo Mitsui Financial Group, Inc. is a prominent financial services company based in Tokyo, Japan. It operates in the banking and financial services industry, offering a wide range of products and services including commercial banking, leasing, securities, and consumer finance. The company focuses on both domestic and international markets, aiming to expand its global presence.

Average Trading Volume: 12,210,508

Technical Sentiment Signal: Buy

Current Market Cap: Yen16494.6B

Find detailed analytics on 8316 stock on TipRanks’ Stock Analysis page.

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