Hikari Tsushin (FRA:HIK) Dividend Payout Ratio: 0.22 (As of Mar. 2026) — 27% Below Median

What is Hikari Tsushin Dividend Payout Ratio?

Hikari Tsushin FRA:HIK -0.50% 80 Dividend Payout Ratio is 0.22 as of Mar. 2026, which is 27% below its 10-year median of 0.30. GuruFocus rates FRA:HIK with a GF Score™ of 80/100 and a GF Value™ of €218.17 (Fairly Valued). The stock has 5 warning signs investors should review. Among 311 Conglomerates companies, Hikari Tsushin ranks better than 76.21% 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. Hikari Tsushin's Dividend Payout Ratio for the months ended in Mar. 2026 was 0.22.

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

FRA:HIK' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.21 Med: 0.3 Max: 0.39
Current: 0.22

During the past 13 years, the highest Dividend Payout Ratio of Hikari Tsushin was 0.39. The lowest was 0.21. And the median was 0.30.

FRA:HIK's Dividend Payout Ratio is ranked better than
76.21% of 311 companies
in the Conglomerates industry
Industry Median: 0.36 vs FRA:HIK: 0.22

As of today (2026-07-10), the Dividend Yield % of Hikari Tsushin is 2.10%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Hikari Tsushin was 3.68%. The lowest was 1.34%. And the median was 1.98%.

Hikari Tsushin's Dividends per Share for the months ended in Mar. 2026 was €1.06.

During the past 12 months, Hikari Tsushin's average Dividends Per Share Growth Rate was 13.60% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 11.30% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 10.40% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 13.70% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Hikari Tsushin was 32.60% per year. The lowest was 0.00% per year. And the median was 14.50% 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.

Hikari Tsushin (FRA:HIK) 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.

Hikari Tsushin Dividend Payout Ratio Related Terms

Hikari Tsushin Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Hikari Tsushin'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.

Hikari Tsushin Dividend Payout Ratio Chart

Hikari Tsushin Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Mar25

Mar26

Dividend Payout Ratio

Get a 7-Day Free Trial

0.28

0.32

0.21

0.25

0.22

Hikari Tsushin 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															0.53	0.28	0.19	0.20	0.22

FRA:HIK vs HON, MMM: Dividend Payout Ratio Comparison

For the Conglomerates subindustry, Hikari Tsushin'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.

Hikari Tsushin Dividend Payout Ratio vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Hikari Tsushin's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Hikari Tsushin's Dividend Payout Ratio falls into.

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Hikari Tsushin Inc FRA:HIK

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Hikari Tsushin Dividend Payout Ratio Calculation

Hikari Tsushin'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 )
	=	4.094	/	18.735
	=	0.22

Hikari Tsushin'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 )
	=	1.063	/	4.765
	=	0.22

Frequently Asked Questions Learn more about Dividend Payout Ratio →

What does a Dividend Payout Ratio of 0.22 mean?

Hikari Tsushin (FRA:HIK) has a Dividend Payout Ratio of 0.22 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Hikari Tsushin and its competitors. This is 27% below median its historical median of 0.30. Over the past decade, Hikari Tsushin's Dividend Payout Ratio has ranged from 0.21 to 0.39. According to the industry distribution chart, Hikari Tsushin ranks #74 out of 311 companies in the Conglomerates industry, placing it in the top 23.8%.

Is Hikari Tsushin's Dividend Payout Ratio too high?

Hikari Tsushin's current Dividend Payout Ratio of 0.22 is 27% below median its 10-year median of 0.30. Over the past 10 years, this metric has ranged from a low of 0.21 to a high of 0.39. The Conglomerates industry median Dividend Payout Ratio is 0.36. Hikari Tsushin's value of 0.22 is 38.9% below this industry median. Based on the distribution chart, Hikari Tsushin ranks #74 out of 311 companies in the Conglomerates industry, which is in the top quartile — a strong position relative to peers. Overall, Hikari Tsushin has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.

How does Hikari Tsushin's Dividend Payout Ratio compare to HON and MMM?

According to the Conglomerates industry distribution chart, Hikari Tsushin ranks #74 out of 311 companies for Dividend Payout Ratio. This places Hikari Tsushin in the top 24% of its industry — outperforming the majority of peers. The industry median Dividend Payout Ratio is 0.36. Hikari Tsushin's value of 0.22 is 38.9% below this benchmark. Historically, Hikari Tsushin's own Dividend Payout Ratio has ranged from 0.21 to 0.39 over the past decade. While the company's 10-year median is 0.30 vs. the industry median of 0.36, Hikari Tsushin 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 Dividend Payout Ratio for a Conglomerates company?

The median Dividend Payout Ratio among Conglomerates companies is 0.36, based on 311 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. Hikari Tsushin's current Dividend Payout Ratio of 0.22 is 38.9% 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 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 Hikari Tsushin and its competitors. For the Conglomerates industry, the median Dividend Payout Ratio is 0.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hikari Tsushin's current Dividend Payout Ratio is 0.22, which is 27% below median its own 10-year median of 0.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Hikari Tsushin stock overvalued right now?

Based on GuruFocus' analysis, Hikari Tsushin (FRA:HIK) is currently considered Fairly Valued. The stock's GF Value™ is €218.17, compared to a current price of €198.00 — trading 9.2% below its estimated fair value. The current Dividend Payout Ratio is 0.22, which is 27% below median its 10-year median of 0.30 and 38.9% below the Conglomerates industry median of 0.36. Hikari Tsushin's overall GF Score™ is 80/100 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 Hikari Tsushin (FRA:HIK), the current Dividend Payout Ratio is 0.22 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 Hikari Tsushin (FRA:HIK) Overvalued in 2026?

Based on GuruFocus' analysis, Hikari Tsushin stock appears to be undervalued. The current stock price of €198.00 is trading 9.2% below its estimated GF Value™ of €218.17. GuruFocus considers Hikari Tsushin to be Fairly Valued.

Key valuation signals for FRA:HIK:

Dividend Payout Ratio: 0.22 (27% below median its 10-year median of 0.30)
GF Value™: €218.17 vs. price of €198.00 (9.2% below fair value)
GF Score™: 80/100 with 5 warning signs
Industry Position: 38.9% below the Conglomerates median (#74 of 311)

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

Hikari Tsushin Business Description

Industry Industrials Conglomerates

Comparable Companies TSE:5201 TSE:7911 TSE:7912 TSE:2768 TSE:4204 TSE:9042 TSE:9024 TSE:5393 TSE:5706 TSE:3407 ADX:IHC HON TSE:6501 TSE:8058 MMM TSE:8001 TSE:8031 TSE:5803 TSE:8002 TSE:8053

Other Exchanges HKTGF:USA 9435:Japan

Address 1-4-10 Nishi-Ikebukuro, Hikari West Gate Building, Toshima-ku, Tokyo, JPN, 171-0021

Website https://www.hikari.co.jp

Hikari Tsushin Inc operates as a holding company engaged in diversified businesses through seven segments: Electricity and Gas, Telecommunications, Beverages, Insurance, Finance, Solutions, and Agency Sales. The group provides electricity and gas supply, communication services, natural mineral water, non-life insurance, and warranty services, as well as financial services such as microfinance, industry-specific solution platforms, and agency sales of various products from telecommunications carriers and manufacturers. It generates the majority of its revenue from the Electricity and Gas segment.

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€198.00

Price

€218.17

GF Value

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