NittoBest (TSE:2877) Dividend Payout Ratio: 0.71 (As of Mar. 2026) — 238% Above Median

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TSE:2877 NittoBest Corp TSE:2877
61 GF Score
Price 円736.00
GF Value 円867.52
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is NittoBest Dividend Payout Ratio?

NittoBest TSE:2877 -0.54% 61 Dividend Payout Ratio is 0.71 as of Mar. 2026, which is 238% above its 10-year median of 0.21. GuruFocus rates TSE:2877 with a GF Score™ of 61/100 and a GF Value™ of 円867.52 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,004 Consumer Packaged Goods companies, NittoBest ranks better than 65.54% 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. NittoBest's Dividend Payout Ratio for the months ended in Mar. 2026 was 0.71.

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

TSE:2877' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.12   Med: 0.21   Max: 0.55
Current: 0.33


During the past 13 years, the highest Dividend Payout Ratio of NittoBest was 0.55. The lowest was 0.12. And the median was 0.21.

TSE:2877's Dividend Payout Ratio is ranked better than
65.54% of 1004 companies
in the Consumer Packaged Goods industry
Industry Median: 0.44 vs TSE:2877: 0.33

As of today (2026-08-14), the Dividend Yield % of NittoBest is 1.62%.

During the past 13 years, the highest Trailing Annual Dividend Yield of NittoBest was 1.64%. The lowest was 1.02%. And the median was 1.47%.

NittoBest's Dividends per Share for the months ended in Mar. 2026 was 円12.00.

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.


NittoBest (TSE:2877) 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.


NittoBest Dividend Payout Ratio Related Terms


NittoBest Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for NittoBest'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.

NittoBest Dividend Payout Ratio Chart

NittoBest 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 0.23 0.55 0.45 0.44 0.33

NittoBest 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 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 0.00 0.00 0.00 0.00 0.71

TSE:2877 vs KHC, GIS: Dividend Payout Ratio Comparison

For the Packaged Foods subindustry, NittoBest'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.


NittoBest Dividend Payout Ratio vs Consumer Packaged Goods Industry

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

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


TSE:2877
61GF Score
NittoBest Corp TSE:2877
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

NittoBest 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.

NittoBest'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 )
=12/ 36.177
=0.33

NittoBest'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 )
=12/ 16.855
=0.71

* 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 0.71 mean?
NittoBest (TSE:2877) has a Dividend Payout Ratio of 0.71 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on NittoBest and its competitors. This is 238% above median its historical median of 0.21. Over the past decade, NittoBest's Dividend Payout Ratio has ranged from 0.12 to 0.55. According to the industry distribution chart, NittoBest ranks #346 out of 1004 companies in the Consumer Packaged Goods industry, placing it in the top 34.5%.
Is NittoBest's Dividend Payout Ratio too high?
NittoBest's current Dividend Payout Ratio of 0.71 is 238% above median its 10-year median of 0.21. Over the past 10 years, this metric has ranged from a low of 0.12 to a high of 0.55. The Consumer Packaged Goods industry median Dividend Payout Ratio is 0.44. NittoBest's value of 0.71 is 61.4% above this industry median. Based on the distribution chart, NittoBest ranks #346 out of 1004 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, NittoBest has a GF Score™ of 61/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does NittoBest's Dividend Payout Ratio compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, NittoBest ranks #346 out of 1004 companies for Dividend Payout Ratio. This puts NittoBest in the upper half of its industry. The industry median Dividend Payout Ratio is 0.44. NittoBest's value of 0.71 is 61.4% above this benchmark. Historically, NittoBest's own Dividend Payout Ratio has ranged from 0.12 to 0.55 over the past decade. While the company's 10-year median is 0.21 vs. the industry median of 0.44, NittoBest 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 Consumer Packaged Goods company?
The median Dividend Payout Ratio among Consumer Packaged Goods companies is 0.44, based on 1,004 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. NittoBest's current Dividend Payout Ratio of 0.71 is 61.4% 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 NittoBest 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. NittoBest's current Dividend Payout Ratio is 0.71, which is 238% above median its own 10-year median of 0.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NittoBest stock overvalued right now?
Based on GuruFocus' analysis, NittoBest (TSE:2877) is currently considered Modestly Undervalued. The stock's GF Value™ is 円867.52, compared to a current price of 円736.00 — trading 15.2% below its estimated fair value. The current Dividend Payout Ratio is 0.71, which is 238% above median its 10-year median of 0.21 and 61.4% above the Consumer Packaged Goods industry median of 0.44. NittoBest's overall GF Score™ is 61/100 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 NittoBest (TSE:2877), the current Dividend Payout Ratio is 0.71 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 NittoBest (TSE:2877) Overvalued in 2026?

Based on GuruFocus' analysis, NittoBest stock appears to be undervalued. The current stock price of 円736.00 is trading 15.2% below its estimated GF Value™ of 円867.52. GuruFocus considers NittoBest to be Modestly Undervalued.

Key valuation signals for TSE:2877:

  • Dividend Payout Ratio: 0.71 (238% above median its 10-year median of 0.21)
  • GF Value™: 円867.52 vs. price of 円736.00 (15.2% below fair value)
  • GF Score™: 61/100 with 4 warning signs
  • Industry Position: 61.4% above the Consumer Packaged Goods median (#346 of 1004)

No single metric tells the full story. See the TSE:2877 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


NittoBest Business Description

Address 4-27 Saiwaicho, Yamagata Prefecture, Sagae, JPN, 991-8610
NittoBest Corp is engaged in the manufacture and sale of frozen foods, daily necessities, canned foods, bagged foods, chilled foods, retort foods and others.
61GF Score

Get the complete analysis for TSE:2877

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

円736.00
Price
円867.52
GF Value