Ajinomoto Co (MEX:2802N) Dividend Payout Ratio: 0.52 (As of Mar. 2026) — 37% Above Median

What is Ajinomoto Co Dividend Payout Ratio?

Ajinomoto Co MEX:2802N 79 Dividend Payout Ratio is 0.52 as of Mar. 2026, which is 37% above its 10-year median of 0.38. GuruFocus rates MEX:2802N with a GF Score™ of 79/100 and a GF Value™ of MXN206.37. The stock has 6 warning signs investors should review. Among 998 Consumer Packaged Goods companies, Ajinomoto Co ranks better than 62.42% 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. Ajinomoto Co's Dividend Payout Ratio for the months ended in Mar. 2026 was 0.52.

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

During the past 13 years, the highest Dividend Payout Ratio of Ajinomoto Co was 0.94. The lowest was 0.30. And the median was 0.38.

MEX:2802N's Dividend Payout Ratio is not ranked ^*
in the Consumer Packaged Goods industry.
Industry Median: 0.43
* Ranked among companies with meaningful Dividend Payout Ratio only.

As of today (2026-06-24), the Dividend Yield % of Ajinomoto Co is 0.00%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Ajinomoto Co was 2.01%. The lowest was 0.83%. And the median was 1.35%.

Ajinomoto Co's Dividends per Share for the months ended in Mar. 2026 was MXN2.73.

During the past 12 months, Ajinomoto Co's average Dividends Per Share Growth Rate was 20.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 12.20% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 21.70% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 14.20% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Ajinomoto Co was 32.20% per year. The lowest was 0.00% per year. And the median was 8.05% 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.

Ajinomoto Co (MEX:2802N) 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.

Ajinomoto Co Dividend Payout Ratio Related Terms

Ajinomoto Co Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Ajinomoto Co'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.

Ajinomoto Co Dividend Payout Ratio Chart

Ajinomoto Co Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Mar25

Mar26

Dividend Payout Ratio

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0.00

0.21

0.88

1.15

0.35

Ajinomoto Co 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															0.00	0.00	1.23	0.00	0.52

MEX:2802N vs KHC, GIS: Dividend Payout Ratio Comparison

For the Packaged Foods subindustry, Ajinomoto Co'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.

Ajinomoto Co Dividend Payout Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Ajinomoto Co's Dividend Payout Ratio distribution charts can be found below:

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

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79GF Score

Ajinomoto Co Inc MEX:2802N

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

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Ajinomoto Co Dividend Payout Ratio Calculation

Ajinomoto Co'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 )
	=	5.455	/	15.723
	=	0.35

Ajinomoto Co'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 )
	=	2.727	/	5.289
	=	0.52

Frequently Asked Questions Learn more about Dividend Payout Ratio →

What does a Dividend Payout Ratio of 0.52 mean?

Ajinomoto Co (MEX:2802N) has a Dividend Payout Ratio of 0.52 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Ajinomoto Co and its competitors. This is 37% above median its historical median of 0.38. Over the past decade, Ajinomoto Co's Dividend Payout Ratio has ranged from 0.30 to 0.94. According to the industry distribution chart, Ajinomoto Co ranks #375 out of 998 companies in the Consumer Packaged Goods industry, placing it in the top 37.6%.

Is Ajinomoto Co's Dividend Payout Ratio too high?

Ajinomoto Co's current Dividend Payout Ratio of 0.52 is 37% above median its 10-year median of 0.38. Over the past 10 years, this metric has ranged from a low of 0.30 to a high of 0.94. The Consumer Packaged Goods industry median Dividend Payout Ratio is 0.43. Ajinomoto Co's value of 0.52 is 20.9% above this industry median. Based on the distribution chart, Ajinomoto Co ranks #375 out of 998 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Ajinomoto Co has a GF Score™ of 79/100, reflecting its overall financial health beyond just this single metric.

How does Ajinomoto Co's Dividend Payout Ratio compare to KHC and GIS?

According to the Consumer Packaged Goods industry distribution chart, Ajinomoto Co ranks #375 out of 998 companies for Dividend Payout Ratio. This puts Ajinomoto Co in the upper half of its industry. The industry median Dividend Payout Ratio is 0.43. Ajinomoto Co's value of 0.52 is 20.9% above this benchmark. Historically, Ajinomoto Co's own Dividend Payout Ratio has ranged from 0.30 to 0.94 over the past decade. While the company's 10-year median is 0.38 vs. the industry median of 0.43, Ajinomoto Co 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 Consumer Packaged Goods company?

The median Dividend Payout Ratio among Consumer Packaged Goods companies is 0.43, based on 998 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. Ajinomoto Co's current Dividend Payout Ratio of 0.52 is 20.9% 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 Ajinomoto Co and its competitors. For the Consumer Packaged Goods industry, the median Dividend Payout Ratio is 0.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ajinomoto Co's current Dividend Payout Ratio is 0.52, which is 37% above median its own 10-year median of 0.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Ajinomoto Co stock overvalued right now?

Ajinomoto Co (MEX:2802N) has a current Dividend Payout Ratio of 0.52. The stock's GF Value™ is MXN206.37, compared to a current price of MXN316.69 — trading 53.5% above its estimated fair value. The current Dividend Payout Ratio is 0.52, which is 37% above median its 10-year median of 0.38 and 20.9% above the Consumer Packaged Goods industry median of 0.43. Ajinomoto Co's overall GF Score™ is 79/100 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 Ajinomoto Co (MEX:2802N), the current Dividend Payout Ratio is 0.52 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 Ajinomoto Co (MEX:2802N) Overvalued in 2026?

Based on GuruFocus' analysis, Ajinomoto Co stock appears to be overvalued. The current stock price of MXN316.69 is trading 53.5% above its estimated GF Value™ of MXN206.37.

Key valuation signals for MEX:2802N:

Dividend Payout Ratio: 0.52 (37% above median its 10-year median of 0.38)
GF Value™: MXN206.37 vs. price of MXN316.69 (53.5% above fair value)
GF Score™: 79/100 with 6 warning signs
Industry Position: 20.9% above the Consumer Packaged Goods median (#375 of 998)

No single metric tells the full story. See the MEX:2802N stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Ajinomoto Co Business Description

Industry Consumer Defensive Consumer Packaged Goods

Comparable Companies TSE:2801 TSE:2875 TSE:2269 TSE:2897 TSE:2212 TSE:2282 TSE:2809 TSE:2002 TSE:2871 TSE:1332 XSWX:NESN XPAR:BN BOG:NUTRESA SHSE:603288 NSE:NESTLEIND KHC SHSE:600887 SZSE:300999 GIS SGX:F34

Other Exchanges AJNMY:USA AJINF:USA 2802:Japan AJI:Germany

Address 15-1, Kyobashi 1-chome, Chuo-ku, Tokyo, JPN, 104-8315

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

Ajinomoto was founded in 1909, and it began manufacturing the world's first umami seasoning, MSG, made from amino acids. It has since grown to be one of the top manufacturers of sauces and seasonings and has diversified into frozen foods and the manufacture of other amino acid-based materials. Its sauces and seasonings are sold across Southeast Asia, Europe, and the Americas and are found in most supermarkets, making up approximately 60% of its revenue. The remaining 40% is roughly divided into the healthcare and others segment and the frozen food segment. Its healthcare and others segment also includes functional materials, which include an organic resin material, Ajinomoto Build-up Film, which is currently the industry standard for ABF substrates for semiconductors.

79GF Score

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

MXN316.69

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MXN206.37

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