Is the Sumitomo Chemical Co Dividend Safe?
Sumitomo Chemical Co has been increasing the dividend for 3 years.
Over the past 10 years, Sumitomo Chemical Co has increased it by an annual -3.974 %.
Over a five-year period, the distribution increased by -22.884%.
Analysts expect a Dividend Increase of 3.761% for the current fiscal year.
Sumitomo Chemical Co Aktienanalyse
What does Sumitomo Chemical Co do?
Sumitomo Chemical Co Ltd is a company specialized in the development, manufacturing, and sales of chemical products for various industries. It was founded in Japan in 1913 and has its headquarters in Tokyo.
The history of Sumitomo Chemical begins with the establishment of the Sumitomo Group in 1615, which over the centuries became one of Japan's leading industrial conglomerates. In 1913, the Sumitomo brothers founded Sumitomo Chemical Co Ltd to meet the demand for chemical products for their other business areas.
Over time, Sumitomo Chemical has expanded its business and diversified its product portfolio. Its key business areas include agrochemicals, household and personal care products, resins and plastics, as well as electronic materials and health products.
In the agrochemical sector, Sumitomo Chemical is a global leader, offering a wide range of insecticides, herbicides, and fungicides. These products are used in agriculture to protect crops from pests and diseases, ensuring global food supply.
In the household and personal care products sector, Sumitomo Chemical offers a variety of products including detergents, cleaners, insect repellents, and many others. These products are widely available in many countries worldwide and are popular due to their high quality and effectiveness.
The resins and plastics division produces a wide range of products, including polypropylene, polyethylene, and other plastics used in the automotive and electronics industries, among others. Sumitomo Chemical is one of the world's leading plastic manufacturers and works closely with customers to provide customized solutions.
In the electronic materials sector, Sumitomo Chemical develops materials for the semiconductor industry used in the production of chips and other electronic components. These materials are crucial for the development of increasingly powerful electronic devices and systems.
In addition to these business areas, Sumitomo Chemical is also engaged in the development of health products, including medicines and medical devices. The company operates several subsidiaries specializing in the development of pharmaceuticals and medical devices.
Overall, Sumitomo Chemical's activities are focused on a variety of industries and markets. The company has production facilities in many countries worldwide and works closely with customers to develop tailored solutions that meet their specific needs.
Innovation and sustainability are important values for Sumitomo Chemical. The company invests heavily in research and development to create innovative products and technologies that meet the needs of its customers and contribute to improving quality of life. At the same time, the company actively promotes sustainability and strives to minimize its environmental impact and responsibly manage its resources.
In summary, Sumitomo Chemical is an innovative and diversified company whose activities are oriented towards a wide range of industries and markets. With a strong focus on research and development and sustainability, the company is well-positioned to continue growing and meeting the needs of its customers. Sumitomo Chemical Co is one of the most popular companies on Eulerpool.com.Stock savings plans offer an attractive way for investors to build wealth over the long term. One of the main advantages is the so-called cost-average effect: by regularly investing a fixed amount in stocks or stock funds, you automatically buy more shares when prices are low, and fewer when they are high. This can lead to a more favorable average price per share over time. In addition, stock savings plans allow small investors access to expensive stocks, as they can participate with small amounts. Regular investment also promotes a disciplined investment strategy and helps to avoid emotional decisions, such as impulsive buying or selling. Furthermore, investors benefit from the potential appreciation of the stocks as well as from dividend distributions, which can be reinvested, enhancing the compounding effect and thus the growth of the invested capital.