CMC (NGO:2185) Dividend Payout Ratio: 0.25 (As of Mar. 2026) — Near Median


NGO:2185 CMC Corp NGO:2185
64 GF Score
Price 円1,090.50
GF Value 円908.56
! 4 Warning Signs
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What is CMC Dividend Payout Ratio?

CMC NGO:2185 64 Dividend Payout Ratio is 0.25 as of Mar. 2026, which is 4% above its 10-year median of 0.24. GuruFocus rates NGO:2185 with a GF Score™ of 64/100 and a GF Value™ of 円908.56. The stock has 4 warning signs investors should review. Among 867 Software companies, CMC ranks better than 69.43% 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. CMC's Dividend Payout Ratio for the months ended in Mar. 2026 was 0.25.

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


During the past 13 years, the highest Dividend Payout Ratio of CMC was 0.34. The lowest was 0.18. And the median was 0.24.

NGO:2185's Dividend Payout Ratio is not ranked *
in the Software industry.
Industry Median: 0.41
* Ranked among companies with meaningful Dividend Payout Ratio only.

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

During the past 13 years, the highest Trailing Annual Dividend Yield of CMC was 3.79%. The lowest was 0.00%. And the median was 2.10%.

CMC's Dividends per Share for the months ended in Mar. 2026 was 円27.00.

During the past 12 months, CMC's average Dividends Per Share Growth Rate was -19.10% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 24.40% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 18.40% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 14.60% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of CMC was 24.40% per year. The lowest was 2.00% per year. And the median was 11.60% 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.

CMC (NGO:2185) 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.

CMC Dividend Payout Ratio Related Terms

CMC Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for CMC'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.

CMC Dividend Payout Ratio Chart

CMC Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.21 0.18 0.27 0.29 0.34

CMC Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 0.00 0.56 0.36 0.32 0.25

NGO:2185 vs IBM, ACN, FISV: Dividend Payout Ratio Comparison

For the Information Technology Services subindustry, CMC'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.

CMC Dividend Payout Ratio vs Software Industry

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

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


NGO:2185
64GF Score
CMC Corp NGO:2185
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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CMC 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.

CMC'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 )
=52/ 153.606
=0.34

CMC'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 )
=27/ 109.116
=0.25

* 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 0.25 mean?
CMC (NGO:2185) has a Dividend Payout Ratio of 0.25 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on CMC and its competitors. This is near median its historical median of 0.24. Over the past decade, CMC's Dividend Payout Ratio has ranged from 0.18 to 0.34. According to the industry distribution chart, CMC ranks #265 out of 867 companies in the Software industry, placing it in the top 30.6%.
Is CMC's Dividend Payout Ratio too high?
CMC's current Dividend Payout Ratio of 0.25 is near median its 10-year median of 0.24. Over the past 10 years, this metric has ranged from a low of 0.18 to a high of 0.34. The Software industry median Dividend Payout Ratio is 0.41. CMC's value of 0.25 is 39% below this industry median. Based on the distribution chart, CMC ranks #265 out of 867 companies in the Software industry, which is above the industry midpoint. Overall, CMC has a GF Score™ of 64/100, reflecting its overall financial health beyond just this single metric.
How does CMC's Dividend Payout Ratio compare to IBM and ACN?
According to the Software industry distribution chart, CMC ranks #265 out of 867 companies for Dividend Payout Ratio. This puts CMC in the upper half of its industry. The industry median Dividend Payout Ratio is 0.41. CMC's value of 0.25 is 39% below this benchmark. Historically, CMC's own Dividend Payout Ratio has ranged from 0.18 to 0.34 over the past decade. While the company's 10-year median is 0.24 vs. the industry median of 0.41, CMC 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 Software company?
The median Dividend Payout Ratio among Software companies is 0.41, based on 867 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. CMC's current Dividend Payout Ratio of 0.25 is 39% 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 CMC and its competitors. For the Software industry, the median Dividend Payout Ratio is 0.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CMC's current Dividend Payout Ratio is 0.25, which is near median its own 10-year median of 0.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CMC stock overvalued right now?
CMC (NGO:2185) has a current Dividend Payout Ratio of 0.25. The stock's GF Value™ is 円908.56, compared to a current price of 円1,090.50 — trading 20% above its estimated fair value. The current Dividend Payout Ratio is 0.25, which is near median its 10-year median of 0.24 and 39% below the Software industry median of 0.41. CMC's overall GF Score™ is 64/100 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 CMC (NGO:2185), the current Dividend Payout Ratio is 0.25 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 CMC (NGO:2185) Overvalued in 2026?

Based on GuruFocus' analysis, CMC stock appears to be overvalued. The current stock price of 円1,090.50 is trading 20% above its estimated GF Value™ of 円908.56.

Key valuation signals for NGO:2185:

  • Dividend Payout Ratio: 0.25 (near median its 10-year median of 0.24)
  • GF Value™: 円908.56 vs. price of 円1,090.50 (20% above fair value)
  • GF Score™: 64/100 with 4 warning signs
  • Industry Position: 39% below the Software median (#265 of 867)

No single metric tells the full story. See the NGO:2185 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

CMC Business Description

Other Exchanges 2185:Japan
Address 1-19 Heiwa 1-chome, Naka-ku, Nagoya, JPN, 460-0021
CMC Corp is a Japanese company engaged in writing and editing technical manuals for automakers in Japan. The business is comprised of marketing operations and system development operations.
64GF Score

Get the complete analysis for NGO:2185

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

円1,090.50
Price
円908.56
GF Value