Rasa (TSE:3023) Dividend Payout Ratio: 0.28 (As of Mar. 2026) — Near Median


TSE:3023 Rasa Corp TSE:3023
67 GF Score
Price 円1,810.00
GF Value 円1,681.03
Valuation Fairly Valued
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What is Rasa Dividend Payout Ratio?

Rasa TSE:3023 +0.50% 67 Dividend Payout Ratio is 0.28 as of Mar. 2026, which is 3% below its 10-year median of 0.29. GuruFocus rates TSE:3023 with a GF Score™ of 67/100 and a GF Value™ of 円1,681.03 (Fairly Valued). Among 301 Metals & Mining companies, Rasa ranks worse than 60.8% 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. Rasa's Dividend Payout Ratio for the months ended in Mar. 2026 was 0.28.

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

TSE:3023' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.22   Med: 0.29   Max: 0.39
Current: 0.36

During the past 13 years, the highest Dividend Payout Ratio of Rasa was 0.39. The lowest was 0.22. And the median was 0.29.

TSE:3023's Dividend Payout Ratio is ranked worse than
60.8% of 301 companies
in the Metals & Mining industry
Industry Median: 0.27 vs TSE:3023: 0.36

As of today (2026-07-09), the Dividend Yield % of Rasa is 4.44%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Rasa was 5.37%. The lowest was 1.93%. And the median was 4.09%.

Rasa's Dividends per Share for the months ended in Mar. 2026 was 円44.00.

During the past 12 months, Rasa's average Dividends Per Share Growth Rate was 11.10% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 5.60% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 14.80% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 16.30% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Rasa was 55.40% per year. The lowest was 0.00% per year. And the median was 16.60% 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.

Rasa (TSE:3023) 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.

Rasa Dividend Payout Ratio Related Terms

Rasa Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Rasa'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.

Rasa Dividend Payout Ratio Chart

Rasa 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 0.30 0.37 0.38 0.39 0.36

Rasa 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 0.29 0.64 0.28 0.53 0.28

Rasa Dividend Payout Ratio Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Rasa'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.

Rasa Dividend Payout Ratio vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Rasa's Dividend Payout Ratio distribution charts can be found below:

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


TSE:3023
67GF Score
Rasa Corp TSE:3023
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Rasa 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.

Rasa'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 )
=80/ 223.594
=0.36

Rasa'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 )
=44/ 155.508
=0.28

* 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 0.28 mean?
Rasa (TSE:3023) has a Dividend Payout Ratio of 0.28 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Rasa and its competitors. This is near median its historical median of 0.29. Over the past decade, Rasa's Dividend Payout Ratio has ranged from 0.22 to 0.39. According to the industry distribution chart, Rasa ranks #183 out of 301 companies in the Metals & Mining industry, placing it in the top 60.8%.
Is Rasa's Dividend Payout Ratio too high?
Rasa's current Dividend Payout Ratio of 0.28 is near median its 10-year median of 0.29. Over the past 10 years, this metric has ranged from a low of 0.22 to a high of 0.39. The Metals & Mining industry median Dividend Payout Ratio is 0.27. Rasa's value of 0.28 is 3.7% above this industry median. Based on the distribution chart, Rasa ranks #183 out of 301 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Rasa has a GF Score™ of 67/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Rasa's Dividend Payout Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, Rasa ranks #183 out of 301 companies for Dividend Payout Ratio. This places Rasa in the lower half of its industry. The industry median Dividend Payout Ratio is 0.27. Rasa's value of 0.28 is 3.7% above this benchmark. Historically, Rasa's own Dividend Payout Ratio has ranged from 0.22 to 0.39 over the past decade. While the company's 10-year median is 0.29 vs. the industry median of 0.27, Rasa 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 Metals & Mining company?
The median Dividend Payout Ratio among Metals & Mining companies is 0.27, based on 301 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. Rasa's current Dividend Payout Ratio of 0.28 is 3.7% 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 Rasa and its competitors. For the Metals & Mining industry, the median Dividend Payout Ratio is 0.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rasa's current Dividend Payout Ratio is 0.28, which is near median its own 10-year median of 0.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rasa stock overvalued right now?
Based on GuruFocus' analysis, Rasa (TSE:3023) is currently considered Fairly Valued. The stock's GF Value™ is 円1,681.03, compared to a current price of 円1,810.00 — trading 7.7% above its estimated fair value. The current Dividend Payout Ratio is 0.28, which is near median its 10-year median of 0.29 and 3.7% above the Metals & Mining industry median of 0.27. Rasa'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 Rasa (TSE:3023), the current Dividend Payout Ratio is 0.28 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 Rasa (TSE:3023) Overvalued in 2026?

Based on GuruFocus' analysis, Rasa stock appears to be overvalued. The current stock price of 円1,810.00 is trading 7.7% above its estimated GF Value™ of 円1,681.03. GuruFocus considers Rasa to be Fairly Valued.

Key valuation signals for TSE:3023:

  • Dividend Payout Ratio: 0.28 (near median its 10-year median of 0.29)
  • GF Value™: 円1,681.03 vs. price of 円1,810.00 (7.7% above fair value)
  • GF Score™: 67/100
  • Industry Position: 3.7% above the Metals & Mining median (#183 of 301)

No single metric tells the full story. See the TSE:3023 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Rasa Business Description

Address RASA Nihonbashi Bldg, 11-5, Nihonbashi-Kakigara-cho 1-chome, Chuo-ku, Tokyo, JPN, 103-0014
Rasa Corp is engaged in the business of resource mining which includes zircon sand, industrial machinery construction, environmental equipment manufacturing, plant and equipment construction, chemical business, and real estate leasing.
67GF Score

Get the complete analysis for TSE:3023

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

円1,810.00
Price
円1,681.03
GF Value