Cross Plus (NGO:3320) Dividend Payout Ratio: 0.28 (As of Jan. 2026) — 75% Above Median


NGO:3320 Cross Plus Inc NGO:3320
61 GF Score
Price 円1,170.00
GF Value 円978.27
! 3 Warning Signs
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What is Cross Plus Dividend Payout Ratio?

Cross Plus NGO:3320 61 Dividend Payout Ratio is 0.28 as of Jan. 2026, which is 75% above its 10-year median of 0.16. GuruFocus rates NGO:3320 with a GF Score™ of 61/100 and a GF Value™ of 円978.27. The stock has 3 warning signs investors should review. Among 416 Manufacturing - Apparel & Accessories companies, Cross Plus ranks better than 70.91% 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. Cross Plus's Dividend Payout Ratio for the months ended in Jan. 2026 was 0.28.

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

NGO:3320' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.02   Med: 0.16   Max: 0.27
Current: 0.25

During the past 13 years, the highest Dividend Payout Ratio of Cross Plus was 0.27. The lowest was 0.02. And the median was 0.16.

NGO:3320's Dividend Payout Ratio is ranked better than
70.91% of 416 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.435 vs NGO:3320: 0.25

As of today (2026-07-05), the Dividend Yield % of Cross Plus is 0.00%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Cross Plus was 3.99%. The lowest was 0.14%. And the median was 1.51%.

Cross Plus's Dividends per Share for the months ended in Jan. 2026 was 円27.00.

During the past 12 months, Cross Plus's average Dividends Per Share Growth Rate was 66.70% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 60.90% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 27.90% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Cross Plus was 81.70% per year. The lowest was -59.50% per year. And the median was 7.70% 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.

Cross Plus (NGO:3320) 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.

Cross Plus Dividend Payout Ratio Related Terms

Cross Plus Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Cross Plus'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.

Cross Plus Dividend Payout Ratio Chart

Cross Plus Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.25 0.12 0.21 0.27

Cross Plus Semi-Annual Data
Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24 Jan25 Jul25 Jan26
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 0.14 0.17 0.27 0.23 0.28

NGO:3320 vs RL, LEVI, VFC: Dividend Payout Ratio Comparison

For the Apparel Manufacturing subindustry, Cross Plus'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.

Cross Plus Dividend Payout Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Cross Plus's Dividend Payout Ratio distribution charts can be found below:

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


NGO:3320
61GF Score
Cross Plus Inc NGO:3320
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Cross Plus 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.

Cross Plus's Dividend Payout Ratio for the fiscal year that ended in Jan. 2026 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Jan. 2026 )/ EPS without NRI (A: Jan. 2026 )
=50/ 187.149
=0.27

Cross Plus's Dividend Payout Ratio for the quarter that ended in Jan. 2026 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Jan. 2026 )/ EPS without NRI (Q: Jan. 2026 )
=27/ 98.054
=0.28

* 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 0.28 mean?
Cross Plus (NGO:3320) has a Dividend Payout Ratio of 0.28 as of Jan. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Cross Plus and its competitors. This is 75% above median its historical median of 0.16. Over the past decade, Cross Plus' Dividend Payout Ratio has ranged from 0.02 to 0.27. According to the industry distribution chart, Cross Plus ranks #121 out of 416 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 29.1%.
Is Cross Plus' Dividend Payout Ratio too high?
Cross Plus' current Dividend Payout Ratio of 0.28 is 75% above median its 10-year median of 0.16. Over the past 10 years, this metric has ranged from a low of 0.02 to a high of 0.27. The Manufacturing - Apparel & Accessories industry median Dividend Payout Ratio is 0.44. Cross Plus' value of 0.28 is 35.6% below this industry median. Based on the distribution chart, Cross Plus ranks #121 out of 416 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Cross Plus has a GF Score™ of 61/100, reflecting its overall financial health beyond just this single metric.
How does Cross Plus' Dividend Payout Ratio compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Cross Plus ranks #121 out of 416 companies for Dividend Payout Ratio. This puts Cross Plus in the upper half of its industry. The industry median Dividend Payout Ratio is 0.44. Cross Plus' value of 0.28 is 35.6% below this benchmark. Historically, Cross Plus' own Dividend Payout Ratio has ranged from 0.02 to 0.27 over the past decade. While the company's 10-year median is 0.16 vs. the industry median of 0.44, Cross Plus 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 Manufacturing - Apparel & Accessories company?
The median Dividend Payout Ratio among Manufacturing - Apparel & Accessories companies is 0.44, based on 416 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. Cross Plus's current Dividend Payout Ratio of 0.28 is 35.6% 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 Cross Plus and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Dividend Payout Ratio is 0.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cross Plus's current Dividend Payout Ratio is 0.28, which is 75% above median its own 10-year median of 0.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cross Plus stock overvalued right now?
Cross Plus (NGO:3320) has a current Dividend Payout Ratio of 0.28. The stock's GF Value™ is 円978.27, compared to a current price of 円1,170.00 — trading 19.6% above its estimated fair value. The current Dividend Payout Ratio is 0.28, which is 75% above median its 10-year median of 0.16 and 35.6% below the Manufacturing - Apparel & Accessories industry median of 0.44. Cross Plus' overall GF Score™ is 61/100 with 3 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 Cross Plus (NGO:3320), the current Dividend Payout Ratio is 0.28 as of Jan. 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 Cross Plus (NGO:3320) Overvalued in 2026?

Based on GuruFocus' analysis, Cross Plus stock appears to be overvalued. The current stock price of 円1,170.00 is trading 19.6% above its estimated GF Value™ of 円978.27.

Key valuation signals for NGO:3320:

  • Dividend Payout Ratio: 0.28 (75% above median its 10-year median of 0.16)
  • GF Value™: 円978.27 vs. price of 円1,170.00 (19.6% above fair value)
  • GF Score™: 61/100 with 3 warning signs
  • Industry Position: 35.6% below the Manufacturing - Apparel & Accessories median (#121 of 416)

No single metric tells the full story. See the NGO:3320 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Cross Plus Business Description

Other Exchanges 3320:Japan
Address 3-9-13, Hananoki, Nishiku, Nagoya, JPN, 451-8560
Cross Plus Inc is an apparel manufacturing company based in Japan. It is engaged in the planning, manufacturing and selling of women's apparel, clothing accessories and operating SPA. The company primarily serves widespread business partners such as mass merchandising stores, speciality shop and department stores nationwide.
61GF Score

Get the complete analysis for NGO:3320

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

円1,170.00
Price
円978.27
GF Value