CSS HOLDINGS (TSE:2304) Dividend Payout Ratio: 0.35 (As of Mar. 2026) — 35% Above Median

What is CSS HOLDINGS Dividend Payout Ratio?

CSS HOLDINGS TSE:2304 +0.98% 67 Dividend Payout Ratio is 0.35 as of Mar. 2026, which is 35% above its 10-year median of 0.26. GuruFocus rates TSE:2304 with a GF Score™ of 67/100 and a GF Value™ of 円1,089.35 (Modestly Undervalued). Among 514 Business Services companies, CSS HOLDINGS ranks better than 75.1% 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. CSS HOLDINGS's Dividend Payout Ratio for the months ended in Mar. 2026 was 0.35.

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

TSE:2304' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.11 Med: 0.26 Max: 0.45
Current: 0.27

During the past 13 years, the highest Dividend Payout Ratio of CSS HOLDINGS was 0.45. The lowest was 0.11. And the median was 0.26.

TSE:2304's Dividend Payout Ratio is ranked better than
75.1% of 514 companies
in the Business Services industry
Industry Median: 0.44 vs TSE:2304: 0.27

As of today (2026-07-13), the Dividend Yield % of CSS HOLDINGS is 3.78%.

During the past 13 years, the highest Trailing Annual Dividend Yield of CSS HOLDINGS was 4.85%. The lowest was 0.94%. And the median was 2.20%.

CSS HOLDINGS's Dividends per Share for the months ended in Mar. 2026 was 円15.00.

During the past 12 months, CSS HOLDINGS's average Dividends Per Share Growth Rate was 75.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 91.30% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 54.00% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 8.60% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of CSS HOLDINGS was 91.30% per year. The lowest was -20.60% per year. And the median was 12.60% 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.

CSS HOLDINGS (TSE:2304) 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.

CSS HOLDINGS Dividend Payout Ratio Related Terms

CSS HOLDINGS Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for CSS HOLDINGS'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.

CSS HOLDINGS Dividend Payout Ratio Chart

CSS HOLDINGS Annual Data

Trend

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Sep24

Sep25

Dividend Payout Ratio

Get a 7-Day Free Trial

0.00

0.24

0.37

0.24

0.30

CSS HOLDINGS Quarterly Data
	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Mar25	Jun25	Sep25	Dec25	Mar26
Dividend Payout Ratio	Get a 7-Day Free Trial															0.00	0.00	0.48	0.00	0.35

TSE:2304 vs CTAS, CPRT, ULS: Dividend Payout Ratio Comparison

For the Specialty Business Services subindustry, CSS HOLDINGS'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.

CSS HOLDINGS Dividend Payout Ratio vs Business Services Industry

For the Business Services industry and Industrials sector, CSS HOLDINGS's Dividend Payout Ratio distribution charts can be found below:

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

Save Embed

67GF Score

CSS HOLDINGS Ltd TSE:2304

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

View Full Analysis

CSS HOLDINGS Dividend Payout Ratio Calculation

CSS HOLDINGS'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 )
	=	35	/	115.394
	=	0.30

CSS HOLDINGS'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 )
	=	15	/	42.387
	=	0.35

Frequently Asked Questions Learn more about Dividend Payout Ratio →

What does a Dividend Payout Ratio of 0.35 mean?

CSS HOLDINGS (TSE:2304) has a Dividend Payout Ratio of 0.35 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on CSS HOLDINGS and its competitors. This is 35% above median its historical median of 0.26. Over the past decade, CSS HOLDINGS's Dividend Payout Ratio has ranged from 0.11 to 0.45. According to the industry distribution chart, CSS HOLDINGS ranks #128 out of 514 companies in the Business Services industry, placing it in the top 24.9%.

Is CSS HOLDINGS's Dividend Payout Ratio too high?

CSS HOLDINGS's current Dividend Payout Ratio of 0.35 is 35% above median its 10-year median of 0.26. Over the past 10 years, this metric has ranged from a low of 0.11 to a high of 0.45. The Business Services industry median Dividend Payout Ratio is 0.44. CSS HOLDINGS's value of 0.35 is 20.5% below this industry median. Based on the distribution chart, CSS HOLDINGS ranks #128 out of 514 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, CSS HOLDINGS has a GF Score™ of 67/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.

How does CSS HOLDINGS's Dividend Payout Ratio compare to CTAS and CPRT?

According to the Business Services industry distribution chart, CSS HOLDINGS ranks #128 out of 514 companies for Dividend Payout Ratio. This places CSS HOLDINGS in the top 25% of its industry — outperforming the majority of peers. The industry median Dividend Payout Ratio is 0.44. CSS HOLDINGS's value of 0.35 is 20.5% below this benchmark. Historically, CSS HOLDINGS's own Dividend Payout Ratio has ranged from 0.11 to 0.45 over the past decade. While the company's 10-year median is 0.26 vs. the industry median of 0.44, CSS HOLDINGS 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 Business Services company?

The median Dividend Payout Ratio among Business Services companies is 0.44, based on 514 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. CSS HOLDINGS's current Dividend Payout Ratio of 0.35 is 20.5% 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 CSS HOLDINGS and its competitors. For the Business Services 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. CSS HOLDINGS's current Dividend Payout Ratio is 0.35, which is 35% above median its own 10-year median of 0.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is CSS HOLDINGS stock overvalued right now?

Based on GuruFocus' analysis, CSS HOLDINGS (TSE:2304) is currently considered Modestly Undervalued. The stock's GF Value™ is 円1,089.35, compared to a current price of 円926.00 — trading 15% below its estimated fair value. The current Dividend Payout Ratio is 0.35, which is 35% above median its 10-year median of 0.26 and 20.5% below the Business Services industry median of 0.44. CSS HOLDINGS's overall GF Score™ is 67/100. 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 CSS HOLDINGS (TSE:2304), the current Dividend Payout Ratio is 0.35 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 CSS HOLDINGS (TSE:2304) Overvalued in 2026?

Based on GuruFocus' analysis, CSS HOLDINGS stock appears to be undervalued. The current stock price of 円926.00 is trading 15% below its estimated GF Value™ of 円1,089.35. GuruFocus considers CSS HOLDINGS to be Modestly Undervalued.

Key valuation signals for TSE:2304:

Dividend Payout Ratio: 0.35 (35% above median its 10-year median of 0.26)
GF Value™: 円1,089.35 vs. price of 円926.00 (15% below fair value)
GF Score™: 67/100
Industry Position: 20.5% below the Business Services median (#128 of 514)

No single metric tells the full story. See the TSE:2304 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

CSS HOLDINGS Business Description

Industry Industrials Business Services

Comparable Companies TSE:7376 TSE:3840 TSE:9165 TSE:4171 TSE:3286 TSE:4351 TSE:6580 TSE:9087 TSE:9820 TSE:3461 CTAS LSE:REL TSX:TRI CPRT TSX:RBA ULS GPN ASX:BXB ARMK XAMS:WKL

Address No. 10, No. 1,Nihonbashi, Chuo-ku, Kodenmacho, Tokyo, JPN, 103-0001

Website http://www.css-holdings.jp

CSS HOLDINGS Ltd is a holding company engaged in the operation and management of its group companies. It operates Steward Business; dishwashing and management work centered on hotels and restaurants, Food Business; which handles employee cafeteria and restaurant management contracts through its subsidiaries, Space Produce Business; designs, constructs, manages, and sells items related to video, audio, broadcasting and security, and Others includes general affairs, personnel, and management related business.

67GF Score

Get the complete analysis for TSE:2304

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

円926.00

Price

円1,089.35

GF Value

View TSE:2304 Analysis

See Dividend Payout Ratio data for all stocks →