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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. Central General Development Co's Dividend Payout Ratio for the
months ended in Mar. 2026 was 0.04.
The historical rank and industry rank for Central General Development Co's Dividend Payout Ratio or its related term are showing as below:
TSE:3238'
s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.07 Med: 0.16 Max: 0.53
Current: 0.53
During the past 13 years, the highest Dividend Payout Ratio of Central General Development Co was 0.53. The lowest was 0.07. And the median was 0.16.
TSE:3238's Dividend Payout Ratio is ranked worse than 63.07% of 704
companies
in the Real Estate industry
Industry Median: 0.4
vs TSE:3238: 0.53
During the past 13 years, the highest Trailing Annual Dividend Yield of Central General Development Co was 5.11%. The lowest was 1.23%. And the median was 2.67%.
During the past 12 months, Central General Development Co's average Dividends Per Share Growth Rate was -64.30% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was -30.70% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was -10.10% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was 9.30% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Central General Development Co was 44.20% per year. The lowest was -30.70% per year. And the median was 26.00% 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.
Central General Development Co (TSE:3238) 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.
Central General Development Co Dividend Payout Ratio Related Terms
Central General Development Co Dividend Payout Ratio Historical Data
* 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.
Central General Development Co Dividend Payout Ratio Chart
TSE:3238 vs CBRE, BEKE, JLL: Dividend Payout Ratio Comparison
For the Real Estate Services subindustry, Central General Development 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.
Central General Development Co Dividend Payout Ratio vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Central General Development Co's Dividend Payout Ratio distribution charts can be found below:
* The bar in red indicates where Central General Development Co's Dividend Payout Ratio falls into.
Central General Development 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.
* 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.
Central General Development Co (TSE:3238) has a Dividend Payout Ratio of 0.04 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Central General Development Co and its competitors. This is 75% below median its historical median of 0.16. Over the past decade, Central General Development Co's Dividend Payout Ratio has ranged from 0.07 to 0.53. According to the industry distribution chart, Central General Development Co ranks #444 out of 704 companies in the Real Estate industry, placing it in the top 63.1%.
Is Central General Development Co's Dividend Payout Ratio too high?
Central General Development Co's current Dividend Payout Ratio of 0.04 is 75% below median its 10-year median of 0.16. Over the past 10 years, this metric has ranged from a low of 0.07 to a high of 0.53. The Real Estate industry median Dividend Payout Ratio is 0.40. Central General Development Co's value of 0.04 is 90% below this industry median. Based on the distribution chart, Central General Development Co ranks #444 out of 704 companies in the Real Estate industry, which is below the industry midpoint. Overall, Central General Development Co has a GF Score™ of 48/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Central General Development Co's Dividend Payout Ratio compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Central General Development Co ranks #444 out of 704 companies for Dividend Payout Ratio. This places Central General Development Co in the lower half of its industry. The industry median Dividend Payout Ratio is 0.40. Central General Development Co's value of 0.04 is 90% below this benchmark. Historically, Central General Development Co's own Dividend Payout Ratio has ranged from 0.07 to 0.53 over the past decade. While the company's 10-year median is 0.16 vs. the industry median of 0.40, Central General Development Co 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 Real Estate company?
The median Dividend Payout Ratio among Real Estate companies is 0.40, based on 704 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. Central General Development Co's current Dividend Payout Ratio of 0.04 is 90% 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 Central General Development Co and its competitors. For the Real Estate industry, the median Dividend Payout Ratio is 0.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Central General Development Co's current Dividend Payout Ratio is 0.04, which is 75% below median its own 10-year median of 0.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Central General Development Co stock overvalued right now?
Based on GuruFocus' analysis, Central General Development Co (TSE:3238) is currently considered Possible Value Trap. The stock's GF Value™ is 円582.89, compared to a current price of 円371.00 — trading 36.4% below its estimated fair value. The current Dividend Payout Ratio is 0.04, which is 75% below median its 10-year median of 0.16 and 90% below the Real Estate industry median of 0.40. Central General Development Co's overall GF Score™ is 48/100 with 8 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 Central General Development Co (TSE:3238), the current Dividend Payout Ratio is 0.04 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 Central General Development Co (TSE:3238) Overvalued in 2026?
Based on GuruFocus' analysis, Central General Development Co stock appears to be undervalued.
The current stock price of 円371.00 is trading 36.4% below its estimated GF Value™ of 円582.89.
GuruFocus considers Central General Development Co to be Possible Value Trap.
Key valuation signals for TSE:3238:
Dividend Payout Ratio: 0.04 (75% below median its 10-year median of 0.16)
GF Value™: 円582.89 vs. price of 円371.00 (36.4% below fair value)
Industry Position: 90% below the Real Estate median (#444 of 704)
No single metric tells the full story. See the TSE:3238 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Central General Development Co Business Description
Central General Development Co Ltd is engaged in the real estate business in Japan. The company is involved in the management and operation of real estate-related businesses in Japan. It sells condominiums and provides after-sale services, such as inspection and repairs and leases buildings.
48GF Score
Get the complete analysis for TSE:3238
Dividend Payout Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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