Nitto Boseki Co (TSE:3110) Dividend Payout Ratio: 0.54 (As of Mar. 2026) — 100% Above Median

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TSE:3110 Nitto Boseki Co Ltd TSE:3110
71 GF Score
Price 円2,825.00
! 3 Warning Signs
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What is Nitto Boseki Co Dividend Payout Ratio?

Nitto Boseki Co TSE:3110 -3.19% 71 Dividend Payout Ratio is 0.54 as of Mar. 2026, which is 100% above its 10-year median of 0.27. GuruFocus rates TSE:3110 with a GF Score™ of 71/100. The stock has 3 warning signs investors should review. Among 416 Manufacturing - Apparel & Accessories companies, Nitto Boseki Co ranks better than 88.46% 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. Nitto Boseki Co's Dividend Payout Ratio for the months ended in Mar. 2026 was 0.54.

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

TSE:3110' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.11   Med: 0.27   Max: 0.46
Current: 0.11

During the past 13 years, the highest Dividend Payout Ratio of Nitto Boseki Co was 0.46. The lowest was 0.11. And the median was 0.27.

TSE:3110's Dividend Payout Ratio is ranked better than
88.46% of 416 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.43 vs TSE:3110: 0.11

As of today (2026-08-08), the Dividend Yield % of Nitto Boseki Co is 0.87%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Nitto Boseki Co was 3.09%. The lowest was 0.42%. And the median was 1.21%.

Nitto Boseki Co's Dividends per Share for the months ended in Mar. 2026 was 円19.90.

During the past 12 months, Nitto Boseki Co's average Dividends Per Share Growth Rate was 19.80% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 41.30% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 25.50% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 13.70% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Nitto Boseki Co was 41.30% per year. The lowest was 0.00% per year. And the median was 7.30% 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.

Nitto Boseki Co (TSE:3110) 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.

Nitto Boseki Co Dividend Payout Ratio Related Terms

Nitto Boseki Co Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Nitto Boseki 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.

Nitto Boseki Co Dividend Payout Ratio Chart

Nitto Boseki 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 0.29 0.46 0.26 0.30 0.11

Nitto Boseki Co 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 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 0.84 0.00 0.28 0.00 0.54

Nitto Boseki Co Dividend Payout Ratio Competitor Comparison

For the Textile Manufacturing subindustry, Nitto Boseki 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.

Nitto Boseki Co Dividend Payout Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Nitto Boseki Co's Dividend Payout Ratio distribution charts can be found below:

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


TSE:3110
71GF Score
Nitto Boseki Co Ltd TSE:3110
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nitto Boseki 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.

Nitto Boseki 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 )/ Earnings per Share (Diluted) (A: Mar. 2026 )
=25.4/ 229.468
=0.11

Nitto Boseki 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 )/ Earnings per Share (Diluted) (Q: Mar. 2026 )
=19.9/ 36.584
=0.54

* 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 0.54 mean?
Nitto Boseki Co (TSE:3110) has a Dividend Payout Ratio of 0.54 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Nitto Boseki Co and its competitors. This is 100% above median its historical median of 0.27. Over the past decade, Nitto Boseki Co's Dividend Payout Ratio has ranged from 0.11 to 0.46. According to the industry distribution chart, Nitto Boseki Co ranks #48 out of 416 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 11.5%.
Is Nitto Boseki Co's Dividend Payout Ratio too high?
Nitto Boseki Co's current Dividend Payout Ratio of 0.54 is 100% above median its 10-year median of 0.27. Over the past 10 years, this metric has ranged from a low of 0.11 to a high of 0.46. The Manufacturing - Apparel & Accessories industry median Dividend Payout Ratio is 0.43. Nitto Boseki Co's value of 0.54 is 25.6% above this industry median. Based on the distribution chart, Nitto Boseki Co ranks #48 out of 416 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Nitto Boseki Co has a GF Score™ of 71/100, reflecting its overall financial health beyond just this single metric.
How does Nitto Boseki Co's Dividend Payout Ratio compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Nitto Boseki Co ranks #48 out of 416 companies for Dividend Payout Ratio. This places Nitto Boseki Co in the top 12% of its industry — outperforming the majority of peers. The industry median Dividend Payout Ratio is 0.43. Nitto Boseki Co's value of 0.54 is 25.6% above this benchmark. Historically, Nitto Boseki Co's own Dividend Payout Ratio has ranged from 0.11 to 0.46 over the past decade. While the company's 10-year median is 0.27 vs. the industry median of 0.43, Nitto Boseki 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 Manufacturing - Apparel & Accessories company?
The median Dividend Payout Ratio among Manufacturing - Apparel & Accessories companies is 0.43, based on 416 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. Nitto Boseki Co's current Dividend Payout Ratio of 0.54 is 25.6% 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 Nitto Boseki Co and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Dividend Payout Ratio is 0.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nitto Boseki Co's current Dividend Payout Ratio is 0.54, which is 100% above median its own 10-year median of 0.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nitto Boseki Co stock overvalued right now?
Nitto Boseki Co (TSE:3110) has a current Dividend Payout Ratio of 0.54. The current Dividend Payout Ratio is 0.54, which is 100% above median its 10-year median of 0.27 and 25.6% above the Manufacturing - Apparel & Accessories industry median of 0.43. Nitto Boseki Co's overall GF Score™ is 71/100 with 3 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 Nitto Boseki Co (TSE:3110), the current Dividend Payout Ratio is 0.54 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.

Nitto Boseki Co Business Description

Other Exchanges NBCLF:USANB5:Germany
Address 2-4-1, Kojimachi, Chiyoda-ku, Tokyo, JPN, 102-8489
Nitto Boseki Co Ltd is engaged in the textile business. It operates in six segments: Textiles Business engages in the manufacture and sales of textiles products (core-spun yarn, stretch products, interlining and other finished products, etc.); Glass Fiber Yam Business engages in the manufacture and sales of glass raw fiber products (yarn, roving, chopped strands, etc.); Glass Fiber Cloth Business engages in the manufacture and sales of glass fiber functional products (glass cloth, etc.); Glass Fiber for Industrial Materials Business engages in the manufacture and sales of glass fiber products for use in industrial materials and the manufacture and sales of glass wool products (for use in thermal insulation materials); Life Science Business; and Other segment.
71GF Score

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

円2,825.00
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