Bourbon (TSE:2208) Dividend Payout Ratio: 0.21 (As of Mar. 2026) — 24% Above Median

Bourbon TSE:2208 -0.32% 64 Dividend Payout Ratio is 0.21 as of Mar. 2026, which is 24% above its 10-year median of 0.17. GuruFocus rates TSE:2208 with a GF Score™ of 64/100 and a GF Value™ of 円2,637.47 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 996 Consumer Packaged Goods companies, Bourbon ranks better than 84.94% 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. Bourbon's Dividend Payout Ratio for the months ended in Mar. 2026 was 0.21.

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

TSE:2208' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.12 Med: 0.17 Max: 0.54
Current: 0.17

During the past 13 years, the highest Dividend Payout Ratio of Bourbon was 0.54. The lowest was 0.12. And the median was 0.17.

TSE:2208's Dividend Payout Ratio is ranked better than
84.94% of 996 companies
in the Consumer Packaged Goods industry
Industry Median: 0.44 vs TSE:2208: 0.17

As of today (2026-07-11), the Dividend Yield % of Bourbon is 1.35%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Bourbon was 1.47%. The lowest was 0.55%. And the median was 1.13%.

Bourbon's Dividends per Share for the months ended in Mar. 2026 was 円22.00.

During the past 12 months, Bourbon's average Dividends Per Share Growth Rate was 55.60% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 17.30% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 9.80% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 6.90% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Bourbon was 37.50% per year. The lowest was 0.00% per year. And the median was 6.90% 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.

Bourbon (TSE:2208) 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.

Bourbon Dividend Payout Ratio Related Terms

Bourbon Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Bourbon'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.

Bourbon Dividend Payout Ratio Chart

Bourbon Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Mar25

Mar26

Dividend Payout Ratio

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0.18

0.54

0.21

0.12

0.17

Bourbon 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															0.17	0.00	6.52	0.00	0.21

TSE:2208 vs MDLZ, HSY, TR: Dividend Payout Ratio Comparison

For the Confectioners subindustry, Bourbon'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.

Bourbon Dividend Payout Ratio vs Consumer Packaged Goods Industry

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

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

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64GF Score

Bourbon Corp TSE:2208

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

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Bourbon Dividend Payout Ratio Calculation

Bourbon'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 )
	=	42	/	245.961
	=	0.17

Bourbon'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 )
	=	22	/	104.714
	=	0.21

Frequently Asked Questions Learn more about Dividend Payout Ratio →

What does a Dividend Payout Ratio of 0.21 mean?

Bourbon (TSE:2208) has a Dividend Payout Ratio of 0.21 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Bourbon and its competitors. This is 24% above median its historical median of 0.17. Over the past decade, Bourbon's Dividend Payout Ratio has ranged from 0.12 to 0.54. According to the industry distribution chart, Bourbon ranks #150 out of 996 companies in the Consumer Packaged Goods industry, placing it in the top 15.1%.

Is Bourbon's Dividend Payout Ratio too high?

Bourbon's current Dividend Payout Ratio of 0.21 is 24% above median its 10-year median of 0.17. Over the past 10 years, this metric has ranged from a low of 0.12 to a high of 0.54. The Consumer Packaged Goods industry median Dividend Payout Ratio is 0.44. Bourbon's value of 0.21 is 52.3% below this industry median. Based on the distribution chart, Bourbon ranks #150 out of 996 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, Bourbon has a GF Score™ of 64/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.

How does Bourbon's Dividend Payout Ratio compare to MDLZ and HSY?

According to the Consumer Packaged Goods industry distribution chart, Bourbon ranks #150 out of 996 companies for Dividend Payout Ratio. This places Bourbon in the top 15% of its industry — outperforming the majority of peers. The industry median Dividend Payout Ratio is 0.44. Bourbon's value of 0.21 is 52.3% below this benchmark. Historically, Bourbon's own Dividend Payout Ratio has ranged from 0.12 to 0.54 over the past decade. While the company's 10-year median is 0.17 vs. the industry median of 0.44, Bourbon 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 Consumer Packaged Goods company?

The median Dividend Payout Ratio among Consumer Packaged Goods companies is 0.44, based on 996 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. Bourbon's current Dividend Payout Ratio of 0.21 is 52.3% 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 Bourbon and its competitors. For the Consumer Packaged Goods 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. Bourbon's current Dividend Payout Ratio is 0.21, which is 24% above median its own 10-year median of 0.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Bourbon stock overvalued right now?

Based on GuruFocus' analysis, Bourbon (TSE:2208) is currently considered Modestly Overvalued. The stock's GF Value™ is 円2,637.47, compared to a current price of 円3,115.00 — trading 18.1% above its estimated fair value. The current Dividend Payout Ratio is 0.21, which is 24% above median its 10-year median of 0.17 and 52.3% below the Consumer Packaged Goods industry median of 0.44. Bourbon'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 Bourbon (TSE:2208), the current Dividend Payout Ratio is 0.21 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 Bourbon (TSE:2208) Overvalued in 2026?

Based on GuruFocus' analysis, Bourbon stock appears to be overvalued. The current stock price of 円3,115.00 is trading 18.1% above its estimated GF Value™ of 円2,637.47. GuruFocus considers Bourbon to be Modestly Overvalued.

Key valuation signals for TSE:2208:

Dividend Payout Ratio: 0.21 (24% above median its 10-year median of 0.17)
GF Value™: 円2,637.47 vs. price of 円3,115.00 (18.1% above fair value)
GF Score™: 64/100 with 4 warning signs
Industry Position: 52.3% below the Consumer Packaged Goods median (#150 of 996)

No single metric tells the full story. See the TSE:2208 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Bourbon Business Description

Industry Consumer Defensive Consumer Packaged Goods

Comparable Companies TSE:2211 TSE:2117 TSE:2108 TSE:2207 TSE:2216 TSE:2109 TSE:2114 TSE:2221 TSE:2217 TSE:2209 MDLZ HSY XSWX:LISN XSWX:BARN XKRX:271560 TR SZSE:000833 TSE:2222 CAS:CSR OSTO:CLA B

Address 4-2-14 Matsunami, Niigata, Kashiwazaki, JPN, 945-8611

Website http://www.bourbon.co.jp

Bourbon Corp is a food manufacturing company. Its product offerings include cookies, wheat flour crackers, bean snacks, candy, rice biscuits, snacks, chewing gums, coffee, cocoa beverages, bread, chocolates, and other related products.

64GF Score

Get the complete analysis for TSE:2208

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

円3,115.00

Price

円2,637.47

GF Value

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