HTOCF (H2O Retailing) Dividend Payout Ratio: 0.32 (As of Mar. 2026) — Near Median

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H2O Retailing Corp HTOCF

What is H2O Retailing Dividend Payout Ratio?

H2O Retailing HTOCF 69 Dividend Payout Ratio is 0.32 as of Mar. 2026, which is 6% below its 10-year median of 0.34. GuruFocus rates HTOCF with a GF Score™ of 69/100 and a GF Value™ of $7.44. The stock has 5 warning signs investors should review. Among 181 Retail - Defensive companies, H2O Retailing ranks better than 84.53% 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. H2O Retailing's Dividend Payout Ratio for the months ended in Mar. 2026 was 0.32.

The historical rank and industry rank for H2O Retailing's Dividend Payout Ratio or its related term are showing as below:

HTOCF' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.11 Med: 0.34 Max: 9.83
Current: 0.19

During the past 13 years, the highest Dividend Payout Ratio of H2O Retailing was 9.83. The lowest was 0.11. And the median was 0.34.

HTOCF's Dividend Payout Ratio is ranked better than
84.53% of 181 companies
in the Retail - Defensive industry
Industry Median: 0.37 vs HTOCF: 0.19

As of today (2026-07-18), the Dividend Yield % of H2O Retailing is 0.00%.

During the past 13 years, the highest Trailing Annual Dividend Yield of H2O Retailing was 6.61%. The lowest was 0.00%. And the median was 2.14%.

H2O Retailing's Dividends per Share for the months ended in Mar. 2026 was $0.15.

During the past 12 months, H2O Retailing's average Dividends Per Share Growth Rate was 9.50% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 22.50% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 14.10% per year. During the past 10 years, the average Dividends Per Share Growth Rate was -1.10% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of H2O Retailing was 35.70% per year. The lowest was -14.50% per year. And the median was 4.60% 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.

H2O Retailing (OTCPK:HTOCF) 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.

H2O Retailing Dividend Payout Ratio Related Terms

H2O Retailing Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for H2O Retailing'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.

H2O Retailing Dividend Payout Ratio Chart

H2O Retailing Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Mar25

Mar26

Dividend Payout Ratio

Get a 7-Day Free Trial

0.00

0.06

0.22

0.19

H2O Retailing 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															1.10	0.00	0.81	0.00	0.32

HTOCF vs KR: Dividend Payout Ratio Comparison

For the Grocery Stores subindustry, H2O Retailing'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.

H2O Retailing Dividend Payout Ratio vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, H2O Retailing's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where H2O Retailing's Dividend Payout Ratio falls into.

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69GF Score

H2O Retailing Corp HTOCF

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

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H2O Retailing Dividend Payout Ratio Calculation

H2O Retailing'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 )
	=	0.29	/	1.506
	=	0.19

H2O Retailing'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 )
	=	0.151	/	0.473
	=	0.32

Frequently Asked Questions Learn more about Dividend Payout Ratio →

What does a Dividend Payout Ratio of 0.32 mean?

H2O Retailing (HTOCF) has a Dividend Payout Ratio of 0.32 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on H2O Retailing and its competitors. This is near median its historical median of 0.34. Over the past decade, H2O Retailing's Dividend Payout Ratio has ranged from 0.11 to 9.83. According to the industry distribution chart, H2O Retailing ranks #28 out of 181 companies in the Retail - Defensive industry, placing it in the top 15.5%.

Is H2O Retailing's Dividend Payout Ratio too high?

H2O Retailing's current Dividend Payout Ratio of 0.32 is near median its 10-year median of 0.34. Over the past 10 years, this metric has ranged from a low of 0.11 to a high of 9.83. The Retail - Defensive industry median Dividend Payout Ratio is 0.37. H2O Retailing's value of 0.32 is 13.5% below this industry median. Based on the distribution chart, H2O Retailing ranks #28 out of 181 companies in the Retail - Defensive industry, which is in the top quartile — a strong position relative to peers. Overall, H2O Retailing has a GF Score™ of 69/100, reflecting its overall financial health beyond just this single metric.

How does H2O Retailing's Dividend Payout Ratio compare to KR?

According to the Retail - Defensive industry distribution chart, H2O Retailing ranks #28 out of 181 companies for Dividend Payout Ratio. This places H2O Retailing in the top 16% of its industry — outperforming the majority of peers. The industry median Dividend Payout Ratio is 0.37. H2O Retailing's value of 0.32 is 13.5% below this benchmark. Historically, H2O Retailing's own Dividend Payout Ratio has ranged from 0.11 to 9.83 over the past decade. While the company's 10-year median is 0.34 vs. the industry median of 0.37, H2O Retailing 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 Retail - Defensive company?

The median Dividend Payout Ratio among Retail - Defensive companies is 0.37, based on 181 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. H2O Retailing's current Dividend Payout Ratio of 0.32 is 13.5% 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 H2O Retailing and its competitors. For the Retail - Defensive industry, the median Dividend Payout Ratio is 0.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. H2O Retailing's current Dividend Payout Ratio is 0.32, which is near median its own 10-year median of 0.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is H2O Retailing stock overvalued right now?

H2O Retailing (HTOCF) has a current Dividend Payout Ratio of 0.32. The stock's GF Value™ is $7.44, compared to a current price of $10.00 — trading 34.4% above its estimated fair value. The current Dividend Payout Ratio is 0.32, which is near median its 10-year median of 0.34 and 13.5% below the Retail - Defensive industry median of 0.37. H2O Retailing's overall GF Score™ is 69/100 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 H2O Retailing (HTOCF), the current Dividend Payout Ratio is 0.32 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 H2O Retailing (HTOCF) Overvalued in 2026?

Based on GuruFocus' analysis, H2O Retailing stock appears to be overvalued. The current stock price of $10.00 is trading 34.4% above its estimated GF Value™ of $7.44.

Key valuation signals for HTOCF:

Dividend Payout Ratio: 0.32 (near median its 10-year median of 0.34)
GF Value™: $7.44 vs. price of $10.00 (34.4% above fair value)
GF Score™: 69/100 with 5 warning signs
Industry Position: 13.5% below the Retail - Defensive median (#28 of 181)

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

H2O Retailing Business Description

Industry Consumer Defensive Retail - Defensive

Comparable Companies TSE:417A TSE:8194 TSE:9974 TSE:8198 TSE:8255 TSE:3038 TSE:2742 TSE:3539 TSE:7508 TSE:8167 TSX:L LSE:TSCO XAMS:AD KR ASX:WOW TSX:WN TSE:3382 ASX:COL TSX:MRU XPAR:CA

Other Exchanges 8242:Japan

Address 8-7 Kakuda-cho, Kita-ku, Osaka, JPN, 530-8350

Website http://www.h2o-retailing.co.jp

H2O Retailing Corp is a Japan-based retailer that provides a broad range of merchandise to meet consumers' needs, from daily needs to special products. The company's core business is the department store business, which includes both the Hankyu and Hanshin department store chains. Superstore business is the company's another major business arm, including the Izumiya and Hankyu Oasis store chains. H2O Retailing also runs a specialty store business, engaged in providing cosmetics, ladies' footwear, and other products and services. In addition to retail businesses, the company operates other businesses as well, such as hotels and restaurants.

69GF Score

Get the complete analysis for HTOCF

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

$10.00

Price

$7.44

GF Value

View HTOCF Analysis

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