AOZOF (Aozora Bank) Dividend Payout Ratio: 0.89 (As of Mar. 2026) — 78% Above Median


AOZOF Aozora Bank Ltd AOZOF
61 GF Score
Price $14.02
GF Value $12.97
! 6 Warning Signs
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What is Aozora Bank Dividend Payout Ratio?

Aozora Bank AOZOF 61 Dividend Payout Ratio is 0.89 as of Mar. 2026, which is 78% above its 10-year median of 0.50. GuruFocus rates AOZOF with a GF Score™ of 61/100 and a GF Value™ of $12.97. The stock has 6 warning signs investors should review. Among 1,171 Banks companies, Aozora Bank ranks worse than 76% on this metric.

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Aozora Bank's Dividend Payout Ratio for the months ended in Mar. 2026 was 0.89.

The historical rank and industry rank for Aozora Bank's Dividend Payout Ratio or its related term are showing as below:

AOZOF' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.49   Med: 0.5   Max: 2.07
Current: 0.49

During the past 13 years, the highest Dividend Payout Ratio of Aozora Bank was 2.07. The lowest was 0.49. And the median was 0.50.

AOZOF's Dividend Payout Ratio is ranked worse than
76% of 1171 companies
in the Banks industry
Industry Median: 0.32 vs AOZOF: 0.49

As of today (2026-06-30), the Dividend Yield % of Aozora Bank is 0.00%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Aozora Bank was 8.76%. The lowest was 0.00%. And the median was 4.95%.

Aozora Bank's Dividends per Share for the months ended in Mar. 2026 was $0.16.

During the past 12 months, Aozora Bank's average Dividends Per Share Growth Rate was 15.20% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -16.10% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -11.20% per year. During the past 10 years, the average Dividends Per Share Growth Rate was -8.50% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Aozora Bank was 170.80% per year. The lowest was -26.70% per year. And the median was -3.50% per year.

The growth rate is calculated with least square regression.

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

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

Aozora Bank (OTCPK:AOZOF) Dividend Payout Ratio Explanation

In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Aozora Bank Dividend Payout Ratio Related Terms

Aozora Bank Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Aozora Bank's Dividend Payout Ratio can be seen below:

* 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.

Aozora Bank Dividend Payout Ratio Chart

Aozora Bank Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.50 2.07 0.00 0.55 0.49

Aozora Bank Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.51 0.48 0.42 0.37 0.89

Aozora Bank Dividend Payout Ratio Competitor Comparison

For the Banks - Regional subindustry, Aozora Bank's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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.

Aozora Bank Dividend Payout Ratio vs Banks Industry

For the Banks industry and Financial Services sector, Aozora Bank's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Aozora Bank's Dividend Payout Ratio falls into.


AOZOF
61GF Score
Aozora Bank Ltd AOZOF
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Aozora Bank Dividend Payout Ratio Calculation

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.

Aozora Bank's Dividend Payout Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Mar. 2026 )/ EPS without NRI (A: Mar. 2026 )
=0.573/ 1.169
=0.49

Aozora Bank'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 )
=0.158/ 0.177
=0.89

* 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.

Frequently Asked Questions Learn more about Dividend Payout Ratio →
What does a Dividend Payout Ratio of 0.89 mean?
Aozora Bank (AOZOF) has a Dividend Payout Ratio of 0.89 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Aozora Bank and its competitors. This is 78% above median its historical median of 0.50. Over the past decade, Aozora Bank's Dividend Payout Ratio has ranged from 0.49 to 2.07. According to the industry distribution chart, Aozora Bank ranks #890 out of 1171 companies in the Banks industry, placing it in the top 76%.
Is Aozora Bank's Dividend Payout Ratio too high?
Aozora Bank's current Dividend Payout Ratio of 0.89 is 78% above median its 10-year median of 0.50. Over the past 10 years, this metric has ranged from a low of 0.49 to a high of 2.07. The Banks industry median Dividend Payout Ratio is 0.32. Aozora Bank's value of 0.89 is 178.1% above this industry median. Based on the distribution chart, Aozora Bank ranks #890 out of 1171 companies in the Banks industry, which is in the bottom quartile relative to peers. Overall, Aozora Bank has a GF Score™ of 61/100, reflecting its overall financial health beyond just this single metric.
How does Aozora Bank's Dividend Payout Ratio compare to competitors?
According to the Banks industry distribution chart, Aozora Bank ranks #890 out of 1171 companies for Dividend Payout Ratio. This places Aozora Bank in the lower half of its industry. The industry median Dividend Payout Ratio is 0.32. Aozora Bank's value of 0.89 is 178.1% above this benchmark. Historically, Aozora Bank's own Dividend Payout Ratio has ranged from 0.49 to 2.07 over the past decade. While the company's 10-year median is 0.50 vs. the industry median of 0.32, Aozora Bank 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 Dividend Payout Ratio for a Banks company?
The median Dividend Payout Ratio among Banks companies is 0.32, based on 1,171 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Aozora Bank's current Dividend Payout Ratio of 0.89 is 178.1% 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 Dividend Payout Ratio mean?
A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Aozora Bank and its competitors. For the Banks industry, the median Dividend Payout Ratio is 0.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aozora Bank's current Dividend Payout Ratio is 0.89, which is 78% above median its own 10-year median of 0.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aozora Bank stock overvalued right now?
Aozora Bank (AOZOF) has a current Dividend Payout Ratio of 0.89. The stock's GF Value™ is $12.97, compared to a current price of $14.02 — trading 8.1% above its estimated fair value. The current Dividend Payout Ratio is 0.89, which is 78% above median its 10-year median of 0.50 and 178.1% above the Banks industry median of 0.32. Aozora Bank's overall GF Score™ is 61/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Payout Ratio calculated?
Dividend Payout Ratio is calculated from a company's financial statements. For Aozora Bank (AOZOF), the current Dividend Payout Ratio is 0.89 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 Aozora Bank (AOZOF) Overvalued in 2026?

Based on GuruFocus' analysis, Aozora Bank stock appears to be overvalued. The current stock price of $14.02 is trading 8.1% above its estimated GF Value™ of $12.97.

Key valuation signals for AOZOF:

  • Dividend Payout Ratio: 0.89 (78% above median its 10-year median of 0.50)
  • GF Value™: $12.97 vs. price of $14.02 (8.1% above fair value)
  • GF Score™: 61/100 with 6 warning signs
  • Industry Position: 178.1% above the Banks median (#890 of 1171)

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

Aozora Bank Business Description

Address 6-1-1 Kojimachi, Chiyoda-ku, Tokyo, JPN, 102-8660
Aozora Bank Ltd is a full-service commercial bank with operations mainly in Japan. It is engaged in banking and financial services through various business segments. The Corporate Sales Group provides lending, deposits, financial products, private equity investment, and M&A-related services for corporate clients. The Structured Finance Group handles acquisition, environmental projects, revitalization, and real estate finance. The International Business Group manages overseas investment and financing operations. The Market Group deals with derivatives, foreign exchange trading, and ALM. The Customer Relations Group offers loans, deposits, and financial products to corporate and retail clients. It generates the majority of its revenue from the Structured Finance Group segment.
61GF Score

Get the complete analysis for AOZOF

Dividend Payout Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$14.02
Price
$12.97
GF Value