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Operations: Sumitomo Mitsui Financial Group, Inc. generates revenue through its diverse operations in banking, leasing, securities, and consumer finance services across multiple regions including Japan, the Americas, Europe, the Middle East, Asia, and Oceania.

Dividend Yield: 3.3%

Sumitomo Mitsui Financial Group's dividend yield of 3.3% is reliable and stable over the past decade, though below Japan's top quartile payers. The recent share buyback program aims to enhance shareholder returns and capital efficiency. Earnings have grown significantly, with a low payout ratio of 38.7%, indicating dividends are well-covered by earnings. However, there's insufficient data on future coverage by cash flows or sustainability beyond three years.

• Delve into the full analysis dividend report here for a deeper understanding of Sumitomo Mitsui Financial Group.

• Our valuation report unveils the possibility Sumitomo Mitsui Financial Group's shares may be trading at a discount.

WashTec

Simply Wall St Dividend Rating: ★★★★☆☆

Overview: WashTec AG offers car wash solutions across Germany, Europe, North America, and the Asia Pacific with a market cap of €531.28 million.

Operations: WashTec AG's revenue segments include €87.58 million from North America, with a segment adjustment of €390.43 million.

Dividend Yield: 5.5%

WashTec's dividend yield of 5.54% ranks in the top quartile of German payers, yet its sustainability is questionable due to a high payout ratio of 103.4%, indicating dividends are not covered by earnings. Although cash flows cover payments with a reasonable cash payout ratio, the company's financial position is strained by high debt levels. Recent earnings show slight growth, but past dividend volatility and unreliability pose concerns for long-term investors seeking stable income.

• Unlock comprehensive insights into our analysis of WashTec stock in this dividend report.

• According our valuation report, there's an indication that WashTec's share price might be on the cheaper side.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Companies discussed in this article include SEHK:728 TSE:8316 and XTRA:WSU.

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