NTT DOCOMO (BUE:DCM) Dividend Payout Ratio: 1.04 (As of Sep. 2020) — 108% Above Median


What is NTT DOCOMO Dividend Payout Ratio?

NTT DOCOMO BUE:DCM 10 Dividend Payout Ratio is 1.04 as of Sep. 2020, which is 108% above its 10-year median of 0.50. GuruFocus rates BUE:DCM with a GF Score™ of 10/100. The stock has 5 warning signs investors should review.

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. NTT DOCOMO's Dividend Payout Ratio for the months ended in Sep. 2020 was 1.04.

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


During the past 13 years, the highest Dividend Payout Ratio of NTT DOCOMO was 0.67. The lowest was 0.44. And the median was 0.50.

BUE:DCM's Dividend Payout Ratio is not ranked *
in the Telecommunication Services industry.
Industry Median: 0.53
* Ranked among companies with meaningful Dividend Payout Ratio only.

As of today (2026-07-02), the Dividend Yield % of NTT DOCOMO is 0.00%.

During the past 13 years, the highest Trailing Annual Dividend Yield of NTT DOCOMO was 5.07%. The lowest was 2.37%. And the median was 3.60%.

NTT DOCOMO's Dividends per Share for the months ended in Sep. 2020 was ARS44.41.

During the past 12 months, NTT DOCOMO's average Dividends Per Share Growth Rate was 6.50% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 14.50% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 14.20% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 9.20% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of NTT DOCOMO was 100.00% per year. The lowest was 2.70% per year. And the median was 12.30% 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.


NTT DOCOMO (BUE:DCM) 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.


NTT DOCOMO Dividend Payout Ratio Related Terms


NTT DOCOMO Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for NTT DOCOMO'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.

NTT DOCOMO Dividend Payout Ratio Chart

NTT DOCOMO Annual Data
Trend Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.51 0.44 0.46 0.59 0.67

NTT DOCOMO Quarterly Data
Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20
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 1.09 0.00 3.86 0.00 1.04

BUE:DCM vs VZ, T, TMUS: Dividend Payout Ratio Comparison

For the Telecom Services subindustry, NTT DOCOMO'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.


NTT DOCOMO Dividend Payout Ratio vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, NTT DOCOMO's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where NTT DOCOMO's Dividend Payout Ratio falls into.



NTT DOCOMO 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.

NTT DOCOMO's Dividend Payout Ratio for the fiscal year that ended in Mar. 2020 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Mar. 2020 )/ EPS without NRI (A: Mar. 2020 )
=69.022/ 103.722
=0.67

NTT DOCOMO's Dividend Payout Ratio for the quarter that ended in Sep. 2020 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Sep. 2020 )/ EPS without NRI (Q: Sep. 2020 )
=44.41/ 42.685
=1.04

* 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 1.04 mean?
NTT DOCOMO (BUE:DCM) has a Dividend Payout Ratio of 1.04 as of Sep. 2020. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on NTT DOCOMO and its competitors. This is 108% above median its historical median of 0.50. Over the past decade, NTT DOCOMO's Dividend Payout Ratio has ranged from 0.44 to 0.67.
Is NTT DOCOMO's Dividend Payout Ratio too high?
NTT DOCOMO's current Dividend Payout Ratio of 1.04 is 108% above median its 10-year median of 0.50. Over the past 10 years, this metric has ranged from a low of 0.44 to a high of 0.67. The Telecommunication Services industry median Dividend Payout Ratio is 0.53. NTT DOCOMO's value of 1.04 is 96.2% above this industry median. Overall, NTT DOCOMO has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does NTT DOCOMO's Dividend Payout Ratio compare to VZ and T?
NTT DOCOMO's Dividend Payout Ratio of 1.04 can be compared against companies in the Telecommunication Services industry. The industry median Dividend Payout Ratio is 0.53. NTT DOCOMO's value of 1.04 is 96.2% above this benchmark. Historically, NTT DOCOMO's own Dividend Payout Ratio has ranged from 0.44 to 0.67 over the past decade. While the company's 10-year median is 0.50 vs. the industry median of 0.53, NTT DOCOMO 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 Telecommunication Services company?
The median Dividend Payout Ratio among Telecommunication Services companies is 0.53, based on 191 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. NTT DOCOMO's current Dividend Payout Ratio of 1.04 is 96.2% 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 NTT DOCOMO and its competitors. For the Telecommunication Services industry, the median Dividend Payout Ratio is 0.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NTT DOCOMO's current Dividend Payout Ratio is 1.04, which is 108% 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 NTT DOCOMO stock overvalued right now?
NTT DOCOMO (BUE:DCM) has a current Dividend Payout Ratio of 1.04. The current Dividend Payout Ratio is 1.04, which is 108% above median its 10-year median of 0.50 and 96.2% above the Telecommunication Services industry median of 0.53. NTT DOCOMO's overall GF Score™ is 10/100 with 5 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 NTT DOCOMO (BUE:DCM), the current Dividend Payout Ratio is 1.04 as of Sep. 2020. 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.

NTT DOCOMO Business Description

Address Sanno Park Tower, 11-1, Nagata-cho 2-chome, Chiyoda-ku, Tokyo, JPN, 100-6150
NTT DoCoMo is Japan's largest wireless telephone operator. It has 78 million subscribers, leading to its market share of approximately 44%. The firm has been a technological leader, introducing wireless Internet access through its i-mode service in 1999, along with the ability to use a handset like a credit card. NTT DoCoMo also owns minority stakes in Philippine Long Distance Telephone, Hutchison Telecom Hong Kong Holdings, and other smaller phone companies. The firm's objective is to have the highest-quality network and customer service in Japan.