NURAF (Nomura Research Institute) Dividend Payout Ratio: 0.00 (As of Mar. 2026)

What is Nomura Research Institute Dividend Payout Ratio?

Nomura Research Institute NURAF 88 Dividend Payout Ratio is 0.00 as of Mar. 2026. GuruFocus rates NURAF with a GF Score™ of 88/100 and a GF Value™ of $30.67 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 866 Software companies, Nomura Research Institute ranks worse than 97.81% 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. Nomura Research Institute's Dividend Payout Ratio for the months ended in Mar. 2026 was 0.00.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Nomura Research Institute Ltd is 2.90, which seems too high.

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

NURAF' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.33 Med: 0.39 Max: 2.89
Current: 2.26

During the past 13 years, the highest Dividend Payout Ratio of Nomura Research Institute was 2.89. The lowest was 0.33. And the median was 0.39.

NURAF's Dividend Payout Ratio is ranked worse than
97.81% of 866 companies
in the Software industry
Industry Median: 0.41 vs NURAF: 2.26

As of today (2026-06-29), the Dividend Yield % of Nomura Research Institute is 1.90%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Nomura Research Institute was 2.42%. The lowest was 0.72%. And the median was 1.26%.

Nomura Research Institute's Dividends per Share for the months ended in Mar. 2026 was $0.27.

During the past 12 months, Nomura Research Institute's average Dividends Per Share Growth Rate was 22.20% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 19.60% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 17.40% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 12.00% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Nomura Research Institute was 35.70% per year. The lowest was -25.10% per year. And the median was 10.40% 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.

Nomura Research Institute (OTCPK:NURAF) 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.

Nomura Research Institute Dividend Payout Ratio Related Terms

Nomura Research Institute Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Nomura Research Institute'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.

Nomura Research Institute Dividend Payout Ratio Chart

Nomura Research Institute Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Mar25

Mar26

Dividend Payout Ratio

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0.33

0.35

0.39

2.89

Nomura Research Institute 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															0.88	0.00	0.73	0.00	0.00

NURAF vs IBM, ACN, FISV: Dividend Payout Ratio Comparison

For the Information Technology Services subindustry, Nomura Research Institute'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.

Nomura Research Institute Dividend Payout Ratio vs Software Industry

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

* The bar in red indicates where Nomura Research Institute's Dividend Payout Ratio falls into.

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Nomura Research Institute Ltd NURAF

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Nomura Research Institute Dividend Payout Ratio Calculation

Nomura Research Institute'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 )
	=	0.485	/	0.168
	=	2.89

Nomura Research Institute'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 )
	=	0.265	/	-0.748
	=	N/A

Frequently Asked Questions Learn more about Dividend Payout Ratio →

What does a Dividend Payout Ratio of 0.00 mean?

Nomura Research Institute (NURAF) has a Dividend Payout Ratio of 0.00 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Nomura Research Institute and its competitors. Over the past decade, Nomura Research Institute's Dividend Payout Ratio has ranged from 0.33 to 2.89. According to the industry distribution chart, Nomura Research Institute ranks #847 out of 866 companies in the Software industry, placing it in the top 97.8%.

Is Nomura Research Institute's Dividend Payout Ratio too high?

Nomura Research Institute's current Dividend Payout Ratio is 0.00. Over the past 10 years, this metric has ranged from a low of 0.33 to a high of 2.89. Based on the distribution chart, Nomura Research Institute ranks #847 out of 866 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Nomura Research Institute has a GF Score™ of 88/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.

How does Nomura Research Institute's Dividend Payout Ratio compare to IBM and ACN?

According to the Software industry distribution chart, Nomura Research Institute ranks #847 out of 866 companies for Dividend Payout Ratio. This places Nomura Research Institute in the lower half of its industry. The industry median Dividend Payout Ratio is 0.41. Historically, Nomura Research Institute's own Dividend Payout Ratio has ranged from 0.33 to 2.89 over the past decade. 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 866 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. 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 Nomura Research Institute 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. Nomura Research Institute's current Dividend Payout Ratio is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Nomura Research Institute stock overvalued right now?

Based on GuruFocus' analysis, Nomura Research Institute (NURAF) is currently considered Modestly Undervalued. The stock's GF Value™ is $30.67, compared to a current price of $25.65 — trading 16.4% below its estimated fair value. The current Dividend Payout Ratio is 0.00. Nomura Research Institute's overall GF Score™ is 88/100 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 Nomura Research Institute (NURAF), the current Dividend Payout Ratio is 0.00 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 Nomura Research Institute (NURAF) Overvalued in 2026?

Based on GuruFocus' analysis, Nomura Research Institute stock appears to be undervalued. The current stock price of $25.65 is trading 16.4% below its estimated GF Value™ of $30.67. GuruFocus considers Nomura Research Institute to be Modestly Undervalued.

Key valuation signals for NURAF:

Dividend Payout Ratio: 0.00
GF Value™: $30.67 vs. price of $25.65 (16.4% below fair value)
GF Score™: 88/100 with 3 warning signs

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

Nomura Research Institute Business Description

Industry Technology Software

Comparable Companies TSE:4768 TSE:3626 TSE:2327 TSE:4733 TSE:8056 TSE:4812 TSE:3923 TSE:4373 TSE:9746 TSE:9682 IBM NSE:TCS ACN NSE:INFY TSE:6702 TSE:6701 NSE:HCLTECH FISV XMAD:AMS FIS

Other Exchanges NRILY:USA 4307:Japan NR7:Germany

Address 1-9-2 Otemachi, Otemachi Financial City Grand Cube, Chiyoda-ku, Tokyo, JPN, 100-0004

Website https://www.nri.com

Nomura Research Institute was formed in 1988 through the merger of the original Nomura Research Institute and Nomura Computer Systems. Its core financial IT solutions segment acts as a de facto utility for Japan's capital markets, running shared back-office platforms for major brokerages and banks. The industrial IT solutions segment builds supply chain and enterprise resource planning systems for retailers and manufacturers. These are supported by IT platform services and a consulting business that originates digital transformation projects. The company reported fiscal 2025 revenue of JPY 814.7 billion. Nomura Holdings, the parent of Nomura Securities, remains NRI's largest shareholder with a 20% stake.

88GF Score

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$25.65

Price

$30.67

GF Value

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