NHKGF (NHK Spring Co) Dividend Payout Ratio: 1.05 (As of Mar. 2026) — 250% Above Median


NHKGF NHK Spring Co Ltd NHKGF
78 GF Score
Price $24.51
GF Value $11.30
Valuation Significantly Overvalued
! 6 Warning Signs
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What is NHK Spring Co Dividend Payout Ratio?

NHK Spring Co NHKGF 78 Dividend Payout Ratio is 1.05 as of Mar. 2026, which is 250% above its 10-year median of 0.30. GuruFocus rates NHKGF with a GF Score™ of 78/100 and a GF Value™ of $11.30 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 776 Vehicles & Parts companies, NHK Spring Co ranks worse than 57.99% 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. NHK Spring Co's Dividend Payout Ratio for the months ended in Mar. 2026 was 1.05.

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

NHKGF' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.21   Med: 0.3   Max: 0.42
Current: 0.42

During the past 13 years, the highest Dividend Payout Ratio of NHK Spring Co was 0.42. The lowest was 0.21. And the median was 0.30.

NHKGF's Dividend Payout Ratio is ranked worse than
57.99% of 776 companies
in the Vehicles & Parts industry
Industry Median: 0.36 vs NHKGF: 0.42

As of today (2026-06-27), the Dividend Yield % of NHK Spring Co is 1.71%.

During the past 13 years, the highest Trailing Annual Dividend Yield of NHK Spring Co was 4.41%. The lowest was 1.16%. And the median was 2.49%.

NHK Spring Co's Dividends per Share for the months ended in Mar. 2026 was $0.21.

During the past 12 months, NHK Spring Co's average Dividends Per Share Growth Rate was 4.80% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 27.30% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 31.50% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 11.90% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of NHK Spring Co was 35.20% per year. The lowest was -9.60% per year. And the median was 10.10% 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.

NHK Spring Co (OTCPK:NHKGF) 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.

NHK Spring Co Dividend Payout Ratio Related Terms

NHK Spring Co Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for NHK Spring 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.

NHK Spring Co Dividend Payout Ratio Chart

NHK Spring Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.32 0.27 0.29 0.28 0.42

NHK Spring 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 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 0.37 0.00 1.32 0.00 1.05

NHKGF vs ORLY, AZO: Dividend Payout Ratio Comparison

For the Auto Parts subindustry, NHK Spring 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.

NHK Spring Co Dividend Payout Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, NHK Spring Co's Dividend Payout Ratio distribution charts can be found below:

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


NHKGF
78GF Score
NHK Spring Co Ltd NHKGF
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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NHK Spring Co 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.

NHK Spring 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 )
=0.416/ 0.987
=0.42

NHK Spring 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 )
=0.208/ 0.198
=1.05

* 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 1.05 mean?
NHK Spring Co (NHKGF) has a Dividend Payout Ratio of 1.05 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on NHK Spring Co and its competitors. This is 250% above median its historical median of 0.30. Over the past decade, NHK Spring Co's Dividend Payout Ratio has ranged from 0.21 to 0.42. According to the industry distribution chart, NHK Spring Co ranks #450 out of 776 companies in the Vehicles & Parts industry, placing it in the top 58%.
Is NHK Spring Co's Dividend Payout Ratio too high?
NHK Spring Co's current Dividend Payout Ratio of 1.05 is 250% above median its 10-year median of 0.30. Over the past 10 years, this metric has ranged from a low of 0.21 to a high of 0.42. The Vehicles & Parts industry median Dividend Payout Ratio is 0.36. NHK Spring Co's value of 1.05 is 191.7% above this industry median. Based on the distribution chart, NHK Spring Co ranks #450 out of 776 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, NHK Spring Co has a GF Score™ of 78/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does NHK Spring Co's Dividend Payout Ratio compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, NHK Spring Co ranks #450 out of 776 companies for Dividend Payout Ratio. This places NHK Spring Co in the lower half of its industry. The industry median Dividend Payout Ratio is 0.36. NHK Spring Co's value of 1.05 is 191.7% above this benchmark. Historically, NHK Spring Co's own Dividend Payout Ratio has ranged from 0.21 to 0.42 over the past decade. While the company's 10-year median is 0.30 vs. the industry median of 0.36, NHK Spring 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 Vehicles & Parts company?
The median Dividend Payout Ratio among Vehicles & Parts companies is 0.36, based on 776 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. NHK Spring Co's current Dividend Payout Ratio of 1.05 is 191.7% 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 NHK Spring Co and its competitors. For the Vehicles & Parts industry, the median Dividend Payout Ratio is 0.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NHK Spring Co's current Dividend Payout Ratio is 1.05, which is 250% above median its own 10-year median of 0.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NHK Spring Co stock overvalued right now?
Based on GuruFocus' analysis, NHK Spring Co (NHKGF) is currently considered Significantly Overvalued. The stock's GF Value™ is $11.30, compared to a current price of $24.51 — trading 116.9% above its estimated fair value. The current Dividend Payout Ratio is 1.05, which is 250% above median its 10-year median of 0.30 and 191.7% above the Vehicles & Parts industry median of 0.36. NHK Spring Co's overall GF Score™ is 78/100 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 NHK Spring Co (NHKGF), the current Dividend Payout Ratio is 1.05 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 NHK Spring Co (NHKGF) Overvalued in 2026?

Based on GuruFocus' analysis, NHK Spring Co stock appears to be overvalued. The current stock price of $24.51 is trading 116.9% above its estimated GF Value™ of $11.30. GuruFocus considers NHK Spring Co to be Significantly Overvalued.

Key valuation signals for NHKGF:

  • Dividend Payout Ratio: 1.05 (250% above median its 10-year median of 0.30)
  • GF Value™: $11.30 vs. price of $24.51 (116.9% above fair value)
  • GF Score™: 78/100 with 6 warning signs
  • Industry Position: 191.7% above the Vehicles & Parts median (#450 of 776)

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

NHK Spring Co Business Description

Other Exchanges 5991:Japan
Address 3-10 Fukuura, Kanazawa-ku, Yokohama, JPN, 236-0004
NHK Spring Co Ltd is a Japanese manufacturer of suspension springs for automobiles and precision springs used in hard disk drive components. The company operates through five segments. The Disc drive suspension (DDS) segment covers disc drive suspension products. The Industrial Equipment segment includes semiconductor process parts, ceramic products, spring mechanisms, piping support devices, parking devices, and other equipment. The Precision Parts segment handles HDD components, wire, and thin plate springs, motor cores, probe units, fasteners, and other precision products. The Sheet segment provides automobile seats, seat mechanisms, and interior parts, while the Suspension Spring segment offers coil springs, leaf springs, stabilizers, accumulators, torsion bars, and related components.
78GF Score

Get the complete analysis for NHKGF

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

$24.51
Price
$11.30
GF Value