Quest Co (TSE:2332) Dividend Payout Ratio: 0.62 (As of Mar. 2026) — 68% Above Median


TSE:2332 Quest Co Ltd TSE:2332
65 GF Score
Price 円1,736.00
GF Value 円1,716.09
Valuation Fairly Valued
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What is Quest Co Dividend Payout Ratio?

Quest Co TSE:2332 +0.75% 65 Dividend Payout Ratio is 0.62 as of Mar. 2026, which is 68% above its 10-year median of 0.37. GuruFocus rates TSE:2332 with a GF Score™ of 65/100 and a GF Value™ of 円1,716.09 (Fairly Valued). Among 870 Software companies, Quest Co ranks better than 55.29% 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. Quest Co's Dividend Payout Ratio for the months ended in Mar. 2026 was 0.62.

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

TSE:2332' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.28   Med: 0.37   Max: 2
Current: 0.37

During the past 13 years, the highest Dividend Payout Ratio of Quest Co was 2.00. The lowest was 0.28. And the median was 0.37.

TSE:2332's Dividend Payout Ratio is ranked better than
55.29% of 870 companies
in the Software industry
Industry Median: 0.405 vs TSE:2332: 0.37

As of today (2026-07-11), the Dividend Yield % of Quest Co is 3.34%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Quest Co was 4.27%. The lowest was 1.75%. And the median was 3.24%.

Quest Co's Dividends per Share for the months ended in Mar. 2026 was 円58.00.

During the past 12 months, Quest Co's average Dividends Per Share Growth Rate was 9.40% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 8.00% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 9.60% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 7.50% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Quest Co was 11.90% per year. The lowest was 0.00% per year. And the median was 4.25% 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.

Quest Co (TSE:2332) 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.

Quest Co Dividend Payout Ratio Related Terms

Quest Co Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Quest 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.

Quest Co Dividend Payout Ratio Chart

Quest 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 0.00 0.36 0.38 0.37 0.37

Quest Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 0.70 0.00 0.67 0.00 0.62

TSE:2332 vs IBM, ACN, FISV: Dividend Payout Ratio Comparison

For the Information Technology Services subindustry, Quest 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.

Quest Co Dividend Payout Ratio vs Software Industry

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

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


TSE:2332
65GF Score
Quest Co Ltd TSE:2332
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Quest 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.

Quest 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 )
=58/ 155.669
=0.37

Quest 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 )
=58/ 93.257
=0.62

* 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 0.62 mean?
Quest Co (TSE:2332) has a Dividend Payout Ratio of 0.62 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Quest Co and its competitors. This is 68% above median its historical median of 0.37. Over the past decade, Quest Co's Dividend Payout Ratio has ranged from 0.28 to 2.00. According to the industry distribution chart, Quest Co ranks #389 out of 870 companies in the Software industry, placing it in the top 44.7%.
Is Quest Co's Dividend Payout Ratio too high?
Quest Co's current Dividend Payout Ratio of 0.62 is 68% above median its 10-year median of 0.37. Over the past 10 years, this metric has ranged from a low of 0.28 to a high of 2.00. The Software industry median Dividend Payout Ratio is 0.41. Quest Co's value of 0.62 is 53.1% above this industry median. Based on the distribution chart, Quest Co ranks #389 out of 870 companies in the Software industry, which is above the industry midpoint. Overall, Quest Co has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Quest Co's Dividend Payout Ratio compare to IBM and ACN?
According to the Software industry distribution chart, Quest Co ranks #389 out of 870 companies for Dividend Payout Ratio. This puts Quest Co in the upper half of its industry. The industry median Dividend Payout Ratio is 0.41. Quest Co's value of 0.62 is 53.1% above this benchmark. Historically, Quest Co's own Dividend Payout Ratio has ranged from 0.28 to 2.00 over the past decade. While the company's 10-year median is 0.37 vs. the industry median of 0.41, Quest 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 Software company?
The median Dividend Payout Ratio among Software companies is 0.41, based on 870 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. Quest Co's current Dividend Payout Ratio of 0.62 is 53.1% 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 Quest Co 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. Quest Co's current Dividend Payout Ratio is 0.62, which is 68% above median its own 10-year median of 0.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Quest Co stock overvalued right now?
Based on GuruFocus' analysis, Quest Co (TSE:2332) is currently considered Fairly Valued. The stock's GF Value™ is 円1,716.09, compared to a current price of 円1,736.00 — trading 1.2% above its estimated fair value. The current Dividend Payout Ratio is 0.62, which is 68% above median its 10-year median of 0.37 and 53.1% above the Software industry median of 0.41. Quest Co's overall GF Score™ is 65/100. 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 Quest Co (TSE:2332), the current Dividend Payout Ratio is 0.62 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 Quest Co (TSE:2332) Overvalued in 2026?

Based on GuruFocus' analysis, Quest Co stock appears to be overvalued. The current stock price of 円1,736.00 is trading 1.2% above its estimated GF Value™ of 円1,716.09. GuruFocus considers Quest Co to be Fairly Valued.

Key valuation signals for TSE:2332:

  • Dividend Payout Ratio: 0.62 (68% above median its 10-year median of 0.37)
  • GF Value™: 円1,716.09 vs. price of 円1,736.00 (1.2% above fair value)
  • GF Score™: 65/100
  • Industry Position: 53.1% above the Software median (#389 of 870)

No single metric tells the full story. See the TSE:2332 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Quest Co Business Description

Address 3-1-1 Shibaura, Minato-ku, Tokyo msb Tamachi Tamachi Station Tower N, 14th Floor, Tokyo, JPN, 108-0023
Quest Co Ltd is engaged in information services business. Its segments includes System Development business and Maintenance; and Infrastructure Services business. System Development business is involved in the provision of software development services, including the consulting, design, development and maintenance of systems. Infrastructure Services business is engaged in the provision of support services for infrastructure operation, including infrastructure building, technological services, system operations, supervision, helpdesk, and field support.
65GF Score

Get the complete analysis for TSE:2332

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

円1,736.00
Price
円1,716.09
GF Value