TOYO (FRA:TOY) Dividend Payout Ratio: 0.28 (As of Mar. 2026) — 68% Below Median

TOYO FRA:TOY -2.78% 92 Dividend Payout Ratio is 0.28 as of Mar. 2026, which is 68% below its 10-year median of 0.87. GuruFocus rates FRA:TOY with a GF Score™ of 92/100 and a GF Value™ of €10.37 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,212 Hardware companies, TOYO ranks worse than 61.55% 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. TOYO's Dividend Payout Ratio for the months ended in Mar. 2026 was 0.28.

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

FRA:TOY' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.6 Med: 0.87 Max: 1.24
Current: 0.63

During the past 13 years, the highest Dividend Payout Ratio of TOYO was 1.24. The lowest was 0.60. And the median was 0.87.

FRA:TOY's Dividend Payout Ratio is ranked worse than
61.55% of 1212 companies
in the Hardware industry
Industry Median: 0.47 vs FRA:TOY: 0.63

As of today (2026-06-29), the Dividend Yield % of TOYO is 3.56%.

During the past 13 years, the highest Trailing Annual Dividend Yield of TOYO was 5.70%. The lowest was 2.08%. And the median was 3.62%.

TOYO's Dividends per Share for the months ended in Mar. 2026 was €0.16.

During the past 12 months, TOYO's average Dividends Per Share Growth Rate was -5.50% 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 14.20% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 10.10% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of TOYO was 81.70% per year. The lowest was -21.50% per year. And the median was 6.50% 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.

TOYO (FRA:TOY) 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.

TOYO Dividend Payout Ratio Related Terms

TOYO Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for TOYO'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.

TOYO Dividend Payout Ratio Chart

TOYO Annual Data

Trend

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Sep24

Sep25

Dividend Payout Ratio

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0.00

0.60

1.24

TOYO 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															0.62	0.00	1.52	0.00	0.28

FRA:TOY vs COHR, KEYS, GRMN: Dividend Payout Ratio Comparison

For the Scientific & Technical Instruments subindustry, TOYO'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.

TOYO Dividend Payout Ratio vs Hardware Industry

For the Hardware industry and Technology sector, TOYO's Dividend Payout Ratio distribution charts can be found below:

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

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92GF Score

TOYO Corporation FRA:TOY

Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.

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TOYO Dividend Payout Ratio Calculation

TOYO's Dividend Payout Ratio for the fiscal year that ended in Sep. 2025 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Sep. 2025 )	/	EPS without NRI (A: Sep. 2025 )
	=	0.398	/	0.321
	=	1.24

TOYO'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 )
	=	0.164	/	0.58
	=	0.28

Frequently Asked Questions Learn more about Dividend Payout Ratio →

What does a Dividend Payout Ratio of 0.28 mean?

TOYO (FRA:TOY) has a Dividend Payout Ratio of 0.28 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on TOYO and its competitors. This is 68% below median its historical median of 0.87. Over the past decade, TOYO's Dividend Payout Ratio has ranged from 0.60 to 1.24. According to the industry distribution chart, TOYO ranks #746 out of 1212 companies in the Hardware industry, placing it in the top 61.6%.

Is TOYO's Dividend Payout Ratio too high?

TOYO's current Dividend Payout Ratio of 0.28 is 68% below median its 10-year median of 0.87. Over the past 10 years, this metric has ranged from a low of 0.60 to a high of 1.24. The Hardware industry median Dividend Payout Ratio is 0.47. TOYO's value of 0.28 is 40.4% below this industry median. Based on the distribution chart, TOYO ranks #746 out of 1212 companies in the Hardware industry, which is below the industry midpoint. Overall, TOYO has a GF Score™ of 92/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.

How does TOYO's Dividend Payout Ratio compare to COHR and KEYS?

According to the Hardware industry distribution chart, TOYO ranks #746 out of 1212 companies for Dividend Payout Ratio. This places TOYO in the lower half of its industry. The industry median Dividend Payout Ratio is 0.47. TOYO's value of 0.28 is 40.4% below this benchmark. Historically, TOYO's own Dividend Payout Ratio has ranged from 0.60 to 1.24 over the past decade. While the company's 10-year median is 0.87 vs. the industry median of 0.47, TOYO 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 Hardware company?

The median Dividend Payout Ratio among Hardware companies is 0.47, based on 1,212 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. TOYO's current Dividend Payout Ratio of 0.28 is 40.4% 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 TOYO and its competitors. For the Hardware industry, the median Dividend Payout Ratio is 0.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TOYO's current Dividend Payout Ratio is 0.28, which is 68% below median its own 10-year median of 0.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is TOYO stock overvalued right now?

Based on GuruFocus' analysis, TOYO (FRA:TOY) is currently considered Fairly Valued. The stock's GF Value™ is €10.37, compared to a current price of €10.50 — trading 1.3% above its estimated fair value. The current Dividend Payout Ratio is 0.28, which is 68% below median its 10-year median of 0.87 and 40.4% below the Hardware industry median of 0.47. TOYO's overall GF Score™ is 92/100 with 4 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 TOYO (FRA:TOY), the current Dividend Payout Ratio is 0.28 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 TOYO (FRA:TOY) Overvalued in 2026?

Based on GuruFocus' analysis, TOYO stock appears to be overvalued. The current stock price of €10.50 is trading 1.3% above its estimated GF Value™ of €10.37. GuruFocus considers TOYO to be Fairly Valued.

Key valuation signals for FRA:TOY:

Dividend Payout Ratio: 0.28 (68% below median its 10-year median of 0.87)
GF Value™: €10.37 vs. price of €10.50 (1.3% above fair value)
GF Score™: 92/100 with 4 warning signs
Industry Position: 40.4% below the Hardware median (#746 of 1212)

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

TOYO Business Description

Industry Technology Hardware

Comparable Companies TSE:7723 TSE:7760 TSE:7500 TSE:6850 TSE:6824 TSE:3388 TSE:6742 TSE:6874 TSE:5933 TSE:6644 TSE:6861 COHR KEYS GRMN TDY TPE:2360 MKSI OSTO:HEXA B FTV TRMB

Other Exchanges 8151:Japan TOY:Germany

Address 1-6, Yaesu 1-chome, Chuo-ku, Tokyo, JPN, 103-8284

Website https://www.toyo-tos.co.jp

TOYO Corporation is a Japanese company engaged in businesses related to the sale, maintenance, and services of products in the fields of Telecommunications/Information Security, Machine Control/Noise and Vibration, Physical Properties/Energy, EMC/Large Antennas, Marine/Special Equipment, Software Development Support, and Life Sciences both domestically and overseas.

92GF Score

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€10.50

Price

€10.37

GF Value

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