Cluster Technology CoTSE:4240 +0.32%78 Dividend Payout Ratio is 1.29 as of Mar. 2026, which is 461% above its 10-year median of 0.23. GuruFocus rates TSE:4240 with a GF Score™ of 78/100 and a GF Value™ of 円427.66 (Modestly Undervalued). Among 1,213 Hardware companies, Cluster Technology Co ranks better than 78.98% 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. Cluster Technology Co's Dividend Payout Ratio for the
months ended in Mar. 2026 was 1.29.
The historical rank and industry rank for Cluster Technology Co's Dividend Payout Ratio or its related term are showing as below:
TSE:4240'
s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.22 Med: 0.23 Max: 0.23
Current: 0.22
During the past 13 years, the highest Dividend Payout Ratio of Cluster Technology Co was 0.23. The lowest was 0.22. And the median was 0.23.
TSE:4240's Dividend Payout Ratio is ranked better than 78.98% of 1213
companies
in the Hardware industry
Industry Median: 0.47
vs TSE:4240: 0.22
During the past 13 years, the highest Trailing Annual Dividend Yield of Cluster Technology Co was 1.92%. The lowest was 0.92%. And the median was 1.32%.
During the past 12 months, Cluster Technology Co's average Dividends Per Share Growth Rate was 25.00% 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.
Cluster Technology Co (TSE:4240) 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.
Cluster Technology Co Dividend Payout Ratio Related Terms
Cluster Technology Co Dividend Payout Ratio Historical Data
* Premium members only.
The historical data trend for Cluster Technology 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.
TSE:4240 vs APH, GLW: Dividend Payout Ratio Comparison
For the Electronic Components subindustry, Cluster Technology 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.
Cluster Technology Co Dividend Payout Ratio vs Hardware Industry
For the Hardware industry and Technology sector, Cluster Technology Co's Dividend Payout Ratio distribution charts can be found below:
* The bar in red indicates where Cluster Technology Co's Dividend Payout Ratio falls into.
Cluster Technology 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.
Cluster Technology Co's Dividend Payout Ratio for the fiscal year that ended in Mar. 2026 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.
Cluster Technology Co (TSE:4240) has a Dividend Payout Ratio of 1.29 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Cluster Technology Co and its competitors. This is 461% above median its historical median of 0.23. Over the past decade, Cluster Technology Co's Dividend Payout Ratio has ranged from 0.22 to 0.23. According to the industry distribution chart, Cluster Technology Co ranks #255 out of 1213 companies in the Hardware industry, placing it in the top 21%.
Is Cluster Technology Co's Dividend Payout Ratio too high?
Cluster Technology Co's current Dividend Payout Ratio of 1.29 is 461% above median its 10-year median of 0.23. Over the past 10 years, this metric has ranged from a low of 0.22 to a high of 0.23. The Hardware industry median Dividend Payout Ratio is 0.47. Cluster Technology Co's value of 1.29 is 174.5% above this industry median. Based on the distribution chart, Cluster Technology Co ranks #255 out of 1213 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Cluster Technology Co has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Cluster Technology Co's Dividend Payout Ratio compare to APH and GLW?
According to the Hardware industry distribution chart, Cluster Technology Co ranks #255 out of 1213 companies for Dividend Payout Ratio. This places Cluster Technology Co in the top 21% of its industry — outperforming the majority of peers. The industry median Dividend Payout Ratio is 0.47. Cluster Technology Co's value of 1.29 is 174.5% above this benchmark. Historically, Cluster Technology Co's own Dividend Payout Ratio has ranged from 0.22 to 0.23 over the past decade. While the company's 10-year median is 0.23 vs. the industry median of 0.47, Cluster Technology 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 Hardware company?
The median Dividend Payout Ratio among Hardware companies is 0.47, based on 1,213 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. Cluster Technology Co's current Dividend Payout Ratio of 1.29 is 174.5% 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 Cluster Technology Co and its competitors. For the Hardware industry, the median Dividend Payout Ratio is 0.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cluster Technology Co's current Dividend Payout Ratio is 1.29, which is 461% above median its own 10-year median of 0.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cluster Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Cluster Technology Co (TSE:4240) is currently considered Modestly Undervalued. The stock's GF Value™ is 円427.66, compared to a current price of 円317.00 — trading 25.9% below its estimated fair value. The current Dividend Payout Ratio is 1.29, which is 461% above median its 10-year median of 0.23 and 174.5% above the Hardware industry median of 0.47. Cluster Technology Co's overall GF Score™ is 78/100. 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 Cluster Technology Co (TSE:4240), the current Dividend Payout Ratio is 1.29 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 Cluster Technology Co (TSE:4240) Overvalued in 2026?
Based on GuruFocus' analysis, Cluster Technology Co stock appears to be undervalued.
The current stock price of 円317.00 is trading 25.9% below its estimated GF Value™ of 円427.66.
GuruFocus considers Cluster Technology Co to be Modestly Undervalued.
Key valuation signals for TSE:4240:
Dividend Payout Ratio: 1.29 (461% above median its 10-year median of 0.23)
GF Value™: 円427.66 vs. price of 円317.00 (25.9% below fair value)
Industry Position: 174.5% above the Hardware median (#255 of 1213)
No single metric tells the full story. See the TSE:4240 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Cluster Technology Co Ltd develops and manufactures composite materials and Nano-micromachining including metal mold making. It also manufactures and sale molding dies, plastic molding materials. Its nanotechnology/microtechnology business products include sensor holders for autofocus of digital single lens reflex cameras, peripheral parts of image sensors, base parts of inkjet heads.
78GF Score
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