NHBAF (Nichiban Co) 3-Year Dividend Growth Rate: 4.60% (As of Mar. 2026) — 39% Above Median

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NHBAF Nichiban Co Ltd NHBAF
72 GF Score
Price $12.70
GF Value $13.36
! 6 Warning Signs
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What is Nichiban Co 3-Year Dividend Growth Rate?

Nichiban Co NHBAF 72 3-Year Dividend Growth Rate is 4.60% as of Mar. 2026, which is 39% above its 10-year median of 3.30. GuruFocus rates NHBAF with a GF Score™ of 72/100 and a GF Value™ of $13.36. The stock has 6 warning signs investors should review. Among 1,302 Industrial Products companies, Nichiban Co ranks worse than 61.9% on this metric.

Nichiban Co's Dividends per Share for the three months ended in Mar. 2026 was $0.25.

The historical rank and industry rank for Nichiban Co's 3-Year Dividend Growth Rate or its related term are showing as below:

NHBAF' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -7.6   Med: 3.3   Max: 44.2
Current: 4.6

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Nichiban Co was 44.20% per year. The lowest was -7.60% per year. And the median was 3.30% per year.

NHBAF's 3-Year Dividend Growth Rate is ranked worse than
61.9% of 1302 companies
in the Industrial Products industry
Industry Median: 10.05 vs NHBAF: 4.60

During the past 12 months, Nichiban Co's average Dividends Per Share Growth Rate was 14.30% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 4.60% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 5.60% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 2.20% 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.

Nichiban Co's Dividend Payout Ratio for the three months ended in Mar. 2026 was 1.34. As of today, Nichiban Co's Dividend Yield % is 0.00%.

Good Sign:

Nichiban Co Ltd stock Dividend Yield % is close to 5-year high.

For more information regarding to dividend, please check our Dividend Page.


Nichiban Co  (OTCPK:NHBAF) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Nichiban Co's Dividend Payout Ratio for the quarter that ended in Mar. 2026 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Mar. 2026 )/ EPS without NRI (Q: Mar. 2026 )
=0.252/ 0.188
=1.34

During the past 13 years, the highest Dividend Payout Ratio of Nichiban Co was 0.57. The lowest was 0.24. And the median was 0.34.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Nichiban Co Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
JPY 40.0000002026-03-302026-03-312026-06-08Cash Dividendsemi-annuallyJPY:USD 0.006286

* 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.

Nichiban Co's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.25144/12.70
=1.98 %

Current Share Price is $12.70.
Nichiban Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.25144.

During the past 13 years, the highest Dividend Yield of Nichiban Co was 3.06%. The lowest was 0.00%. And the median was 1.78%.

Good Sign:

Nichiban Co Ltd stock Dividend Yield % is close to 5-year high.

* 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.


Nichiban Co 3-Year Dividend Growth Rate Related Terms>


Nichiban Co 3-Year Dividend Growth Rate Competitor Comparison

For the Business Equipment & Supplies subindustry, Nichiban Co'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.


Nichiban Co 3-Year Dividend Growth Rate vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Nichiban Co's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Nichiban Co's 3-Year Dividend Growth Rate falls into.


NHBAF
72GF Score
Nichiban Co Ltd NHBAF
3-Year Dividend Growth Rate is just one metric. See GF Score™, valuation, warning signs, and more.
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Nichiban Co 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 4.60% mean?
Nichiban Co (NHBAF) has a 3-Year Dividend Growth Rate of 4.60% as of Mar. 2026. 3-Year Dividend Growth Rate is the company's three-year average growth of dividend payout. View historical data on Nichiban Co and its competitors. This is 39% above median its historical median of 3.30. According to the industry distribution chart, Nichiban Co ranks #806 out of 1302 companies in the Industrial Products industry, placing it in the top 61.9%.
Is Nichiban Co's 3-Year Dividend Growth Rate too high?
Nichiban Co's current 3-Year Dividend Growth Rate of 4.60% is 39% above median its 10-year median of 3.30. The Industrial Products industry median 3-Year Dividend Growth Rate is 10.05. Nichiban Co's value of 4.60% is 54.2% below this industry median. Based on the distribution chart, Nichiban Co ranks #806 out of 1302 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Nichiban Co has a GF Score™ of 72/100, reflecting its overall financial health beyond just this single metric.
How does Nichiban Co's 3-Year Dividend Growth Rate compare to competitors?
According to the Industrial Products industry distribution chart, Nichiban Co ranks #806 out of 1302 companies for 3-Year Dividend Growth Rate. This places Nichiban Co in the lower half of its industry. The industry median 3-Year Dividend Growth Rate is 10.05. Nichiban Co's value of 4.60% is 54.2% below this benchmark. While the company's 10-year median is 3.30 vs. the industry median of 10.05, Nichiban Co has consistently been below 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 an Industrial Products company?
The median 3-Year Dividend Growth Rate among Industrial Products companies is 10.05, based on 1,302 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. Nichiban Co's current 3-Year Dividend Growth Rate of 4.60% is 54.2% below 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 Nichiban Co and its competitors. For the Industrial Products industry, the median 3-Year Dividend Growth Rate is 10.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nichiban Co's current 3-Year Dividend Growth Rate is 4.60%, which is 39% above median its own 10-year median of 3.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nichiban Co stock overvalued right now?
Nichiban Co (NHBAF) has a current 3-Year Dividend Growth Rate of 4.60%. The stock's GF Value™ is $13.36, compared to a current price of $12.70 — trading 4.9% below its estimated fair value. The current 3-Year Dividend Growth Rate is 4.60%, which is 39% above median its 10-year median of 3.30 and 54.2% below the Industrial Products industry median of 10.05. Nichiban Co's overall GF Score™ is 72/100 with 6 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 Nichiban Co (NHBAF), the current 3-Year Dividend Growth Rate is 4.60% as of Mar. 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 Nichiban Co (NHBAF) Overvalued in 2026?

Based on GuruFocus' analysis, Nichiban Co stock appears to be undervalued. The current stock price of $12.70 is trading 4.9% below its estimated GF Value™ of $13.36.

Key valuation signals for NHBAF:

  • 3-Year Dividend Growth Rate: 4.60% (39% above median its 10-year median of 3.30)
  • GF Value™: $13.36 vs. price of $12.70 (4.9% below fair value)
  • GF Score™: 72/100 with 6 warning signs
  • Industry Position: 54.2% below the Industrial Products median (#806 of 1302)

No single metric tells the full story. See the NHBAF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nichiban Co Business Description

Other Exchanges 4218:Japan
Address 2-3-3, Sekiguchi, Bunkyo-ku, Tokyo, JPN, 112-8663
Nichiban Co Ltd is a Japan based company engaged in the business of manufacturing and selling products in the field of medical supplies, healthcare, industrial products and industrial products. It offers hemostatic solutions, wound care dressing and surgical tapes, industrial products for manufacturing and distribution and automotive industry, stationery products, TDS pharmaceutical pain relief plaster and foot care products, sports medical battlewin taping tape and first aid bandage.
72GF Score

Get the complete analysis for NHBAF

3-Year Dividend Growth Rate is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$12.70
Price
$13.36
GF Value