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Japan TobaccoJAPAF +0.32%76 3-Year Dividend Growth Rate is 7.60% as of Jun. 2026, which is 43% below its 10-year median of 13.40. GuruFocus rates JAPAF with a GF Score™ of 76/100 and a GF Value™ of $33.27 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 26 Tobacco Products companies, Japan Tobacco ranks better than 61.54% on this metric.
The historical rank and industry rank for Japan Tobacco's 3-Year Dividend Growth Rate or its related term are showing as below:
JAPAF'
s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -2.3 Med: 13.4 Max: 50.8
Current: 7.6
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Japan Tobacco was 50.80% per year. The lowest was -2.30% per year. And the median was 13.40% per year.
JAPAF's 3-Year Dividend Growth Rate is ranked better than 61.54% of 26
companies
in the Tobacco Products industry
Industry Median: 4
vs JAPAF: 7.60
During the past 12 months, Japan Tobacco's average Dividends Per Share Growth Rate was 32.30% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 7.60% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 9.30% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was 6.00% per year.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.
If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Japan Tobacco Inc is 0.79, which seems too high.
For more information regarding to dividend, please check our Dividend Page.
During the past 13 years, the highest Dividend Payout Ratio of Japan Tobacco was 1.99. The lowest was 0.55. And the median was 0.74.
Warning Sign:
If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Japan Tobacco Inc is 0.79, which seems too high.
2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.
Japan Tobacco Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
JPY 136.000000
2026-06-29
2026-06-30
2026-09-01
Cash Dividend
semi-annually
JPY:USD 0.006150
JPY 130.000000
2025-12-29
2025-12-31
2026-03-26
Cash Dividend
semi-annually
JPY:USD 0.006378
* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.
Japan Tobacco's Dividend Yield (%) for Today is calculated as
Current Share Price is $44.06.
Japan Tobacco's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.66554.
During the past 13 years, the highest Dividend Yield of Japan Tobacco was 8.50%. The lowest was 3.10%. And the median was 5.30%.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Japan Tobacco 3-Year Dividend Growth Rate Related Terms>
JAPAF vs PM, MO, TPB: 3-Year Dividend Growth Rate Comparison
For the Tobacco subindustry, Japan Tobacco's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Japan Tobacco 3-Year Dividend Growth Rate vs Tobacco Products Industry
For the Tobacco Products industry and Consumer Defensive sector, Japan Tobacco's 3-Year Dividend Growth Rate distribution charts can be found below:
* The bar in red indicates where Japan Tobacco's 3-Year Dividend Growth Rate falls into.
Japan Tobacco 3-Year Dividend Growth Rate Calculation
This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.
What does a 3-Year Dividend Growth Rate of 7.60% mean?
Japan Tobacco (JAPAF) has a 3-Year Dividend Growth Rate of 7.60% as of Jun. 2026. 3-Year Dividend Growth Rate is the company's three-year average growth of dividend payout. View historical data on Japan Tobacco and its competitors. This is 43% below median its historical median of 13.40. According to the industry distribution chart, Japan Tobacco ranks #10 out of 26 companies in the Tobacco Products industry, placing it in the top 38.5%.
Is Japan Tobacco's 3-Year Dividend Growth Rate too high?
Japan Tobacco's current 3-Year Dividend Growth Rate of 7.60% is 43% below median its 10-year median of 13.40. The Tobacco Products industry median 3-Year Dividend Growth Rate is 4.00. Japan Tobacco's value of 7.60% is 90% above this industry median. Based on the distribution chart, Japan Tobacco ranks #10 out of 26 companies in the Tobacco Products industry, which is above the industry midpoint. Overall, Japan Tobacco has a GF Score™ of 76/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Japan Tobacco's 3-Year Dividend Growth Rate compare to PM and MO?
According to the Tobacco Products industry distribution chart, Japan Tobacco ranks #10 out of 26 companies for 3-Year Dividend Growth Rate. This puts Japan Tobacco in the upper half of its industry. The industry median 3-Year Dividend Growth Rate is 4.00. Japan Tobacco's value of 7.60% is 90% above this benchmark. While the company's 10-year median is 13.40 vs. the industry median of 4.00, Japan Tobacco has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year Dividend Growth Rate for a Tobacco Products company?
The median 3-Year Dividend Growth Rate among Tobacco Products companies is 4.00, based on 26 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year Dividend Growth Rate significantly above this median, while those in the bottom quartile fall well below. However, 3-Year Dividend Growth Rate should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Japan Tobacco's current 3-Year Dividend Growth Rate of 7.60% is 90% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-Year Dividend Growth Rate mean?
A high 3-Year Dividend Growth Rate can signal that a stock is expensive relative to its fundamentals. 3-Year Dividend Growth Rate is the company's three-year average growth of dividend payout. View historical data on Japan Tobacco and its competitors. For the Tobacco Products industry, the median 3-Year Dividend Growth Rate is 4.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Japan Tobacco's current 3-Year Dividend Growth Rate is 7.60%, which is 43% below median its own 10-year median of 13.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Japan Tobacco stock overvalued right now?
Based on GuruFocus' analysis, Japan Tobacco (JAPAF) is currently considered Significantly Overvalued. The stock's GF Value™ is $33.27, compared to a current price of $44.06 — trading 32.4% above its estimated fair value. The current 3-Year Dividend Growth Rate is 7.60%, which is 43% below median its 10-year median of 13.40 and 90% above the Tobacco Products industry median of 4.00. Japan Tobacco's overall GF Score™ is 76/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year Dividend Growth Rate calculated?
3-Year Dividend Growth Rate is calculated from a company's financial statements. For Japan Tobacco (JAPAF), the current 3-Year Dividend Growth Rate is 7.60% as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Japan Tobacco (JAPAF) Overvalued in 2026?
Based on GuruFocus' analysis, Japan Tobacco stock appears to be overvalued.
The current stock price of $44.06 is trading 32.4% above its estimated GF Value™ of $33.27.
GuruFocus considers Japan Tobacco to be Significantly Overvalued.
Key valuation signals for JAPAF:
3-Year Dividend Growth Rate: 7.60% (43% below median its 10-year median of 13.40)
GF Value™: $33.27 vs. price of $44.06 (32.4% above fair value)
Industry Position: 90% above the Tobacco Products median (#10 of 26)
No single metric tells the full story. See the JAPAF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Japan Tobacco primarily sells cigarettes and reduced-risk products, organized in three clusters consisting of Asia (which includes its home market and countries in Asia Pacific), Western Europe, and EMA (which includes Eastern Europe, the Middle East North Africa, Turkey, Americas, and duty-free). Its leading cigarette brands include Winston (non-US), Camel (non-US), Mevius, and LD. Its reduced-risk brands include Logic in vaping, Ploom in heated tobacco, and Nordic Spirit in nicotine pouches, though these generates less than 5% of tobacco sales.
76GF Score
Get the complete analysis for JAPAF
3-Year Dividend Growth Rate is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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