Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
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. ZEAL Associate's Dividend Payout Ratio for the
months ended in Feb. 2026 was 0.00.
The historical rank and industry rank for ZEAL Associate's Dividend Payout Ratio or its related term are showing as below:
TSE:329A'
s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.22 Med: 0.31 Max: 0.31
Current: 0.22
During the past 3 years, the highest Dividend Payout Ratio of ZEAL Associate was 0.31. The lowest was 0.22. And the median was 0.31.
TSE:329A's Dividend Payout Ratio is not ranked
in the Conglomerates industry.
Industry Median: 0.36
vs TSE:329A: 0.22
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.
ZEAL Associate (TSE:329A) 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.
ZEAL Associate Dividend Payout Ratio Related Terms
ZEAL Associate Dividend Payout Ratio Historical Data
* Premium members only.
The historical data trend for ZEAL Associate'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.
ZEAL Associate Dividend Payout Ratio Chart
ZEAL Associate Annual Data
Trend
Aug23
Aug24
Aug25
Dividend Payout Ratio
0.00
0.00
0.31
ZEAL Associate Semi-Annual Data
Aug23
Aug24
Feb25
Aug25
Feb26
Dividend Payout Ratio
0.00
0.00
0.00
0.38
0.00
TSE:329A vs HON, MMM: Dividend Payout Ratio Comparison
For the Conglomerates subindustry, ZEAL Associate'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.
ZEAL Associate Dividend Payout Ratio vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, ZEAL Associate's Dividend Payout Ratio distribution charts can be found below:
* The bar in red indicates where ZEAL Associate's Dividend Payout Ratio falls into.
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.
ZEAL Associate's Dividend Payout Ratio for the fiscal year that ended in Aug. 2025 is calculated as
* 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.
ZEAL Associate (TSE:329A) has a Dividend Payout Ratio of 0.00 as of Feb. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on ZEAL Associate and its competitors. Over the past decade, ZEAL Associate's Dividend Payout Ratio has ranged from 0.22 to 0.31.
Is ZEAL Associate's Dividend Payout Ratio too high?
ZEAL Associate's current Dividend Payout Ratio is 0.00. Over the past 10 years, this metric has ranged from a low of 0.22 to a high of 0.31. Overall, ZEAL Associate has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does ZEAL Associate's Dividend Payout Ratio compare to HON and MMM?
ZEAL Associate's Dividend Payout Ratio of 0.00 can be compared against companies in the Conglomerates industry. The industry median Dividend Payout Ratio is 0.36. Historically, ZEAL Associate's own Dividend Payout Ratio has ranged from 0.22 to 0.31 over the past decade. 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 Conglomerates company?
The median Dividend Payout Ratio among Conglomerates companies is 0.36, based on 312 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. 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 ZEAL Associate and its competitors. For the Conglomerates industry, the median Dividend Payout Ratio is 0.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ZEAL Associate's current Dividend Payout Ratio is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ZEAL Associate stock overvalued right now?
ZEAL Associate (TSE:329A) has a current Dividend Payout Ratio of 0.00. The current Dividend Payout Ratio is 0.00. ZEAL Associate's overall GF Score™ is 16/100 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 ZEAL Associate (TSE:329A), the current Dividend Payout Ratio is 0.00 as of Feb. 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.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TSE:329A has been successfully added to your 
