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Sumitomo Mitsui Trust Group Revises Earnings and Dividend Forecasts Upward for FY2025

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Sumitomo Mitsui Trust Group Revises Earnings and Dividend Forecasts Upward for FY2025

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The latest announcement is out from Sumitomo Mitsui Holdings ( (JP:8309) ).

Sumitomo Mitsui Trust Group has revised its consolidated earnings and dividend forecasts for the fiscal year 2025, anticipating higher net income due to gains on stock sales and low credit costs. The company has increased its year-end dividend forecast, reflecting a commitment to shareholder returns and aiming for a dividend payout ratio of 40% or above.

The most recent analyst rating on (JP:8309) stock is a Buy with a Yen4652.00 price target. To see the full list of analyst forecasts on Sumitomo Mitsui Holdings stock, see the JP:8309 Stock Forecast page.

More about Sumitomo Mitsui Holdings

Sumitomo Mitsui Trust Group, Inc. operates in the financial industry, providing a range of financial services including trust banking, asset management, and real estate services. The company is focused on delivering comprehensive financial solutions to its clients, leveraging its expertise in strategic shareholdings and credit cost management.

Average Trading Volume: 2,054,447

Technical Sentiment Signal: Buy

Current Market Cap: Yen3037.8B

See more data about 8309 stock on TipRanks’ Stock Analysis page.

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