Koei Chemical Co (TSE:4367) Dividend Payout Ratio: 0.46 (As of Mar. 2026) — 15% Below Median


TSE:4367 Koei Chemical Co Ltd TSE:4367
57 GF Score
Price 円2,560.00
GF Value 円2,031.15
Valuation Modestly Overvalued
! 7 Warning Signs
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What is Koei Chemical Co Dividend Payout Ratio?

Koei Chemical Co TSE:4367 +2.94% 57 Dividend Payout Ratio is 0.46 as of Mar. 2026, which is 15% below its 10-year median of 0.54. GuruFocus rates TSE:4367 with a GF Score™ of 57/100 and a GF Value™ of 円2,031.15 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 907 Chemicals companies, Koei Chemical Co ranks worse than 92.61% 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. Koei Chemical Co's Dividend Payout Ratio for the months ended in Mar. 2026 was 0.46.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Koei Chemical Co Ltd is 1.48, which seems too high.

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

TSE:4367' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.16   Med: 0.54   Max: 1.9
Current: 1.48

During the past 13 years, the highest Dividend Payout Ratio of Koei Chemical Co was 1.90. The lowest was 0.16. And the median was 0.54.

TSE:4367's Dividend Payout Ratio is ranked worse than
92.61% of 907 companies
in the Chemicals industry
Industry Median: 0.36 vs TSE:4367: 1.48

As of today (2026-07-01), the Dividend Yield % of Koei Chemical Co is 3.22%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Koei Chemical Co was 5.34%. The lowest was 1.10%. And the median was 3.38%.

Koei Chemical Co's Dividends per Share for the months ended in Mar. 2026 was 円50.00.

During the past 12 months, Koei Chemical Co's average Dividends Per Share Growth Rate was -20.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -7.20% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 10.60% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Koei Chemical Co was 38.70% per year. The lowest was -30.70% per year. And the median was 7.70% 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.

Koei Chemical Co (TSE:4367) 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.

Koei Chemical Co Dividend Payout Ratio Related Terms

Koei Chemical Co Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Koei Chemical 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.

Koei Chemical Co Dividend Payout Ratio Chart

Koei Chemical 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 0.84 0.77 1.69 1.60 1.89

Koei Chemical Co 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 2.09 0.73 0.00 0.00 0.46

TSE:4367 vs LIN, SHW, ECL: Dividend Payout Ratio Comparison

For the Specialty Chemicals subindustry, Koei Chemical 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.

Koei Chemical Co Dividend Payout Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Koei Chemical Co's Dividend Payout Ratio distribution charts can be found below:

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


TSE:4367
57GF Score
Koei Chemical Co Ltd TSE:4367
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Koei Chemical 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.

Koei Chemical 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 )/ EPS without NRI (A: Mar. 2026 )
=80/ 42.251
=1.89

Koei Chemical 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 )/ EPS without NRI (Q: Mar. 2026 )
=50/ 109.391
=0.46

* 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 0.46 mean?
Koei Chemical Co (TSE:4367) has a Dividend Payout Ratio of 0.46 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Koei Chemical Co and its competitors. This is 15% below median its historical median of 0.54. Over the past decade, Koei Chemical Co's Dividend Payout Ratio has ranged from 0.16 to 1.90. According to the industry distribution chart, Koei Chemical Co ranks #840 out of 907 companies in the Chemicals industry, placing it in the top 92.6%.
Is Koei Chemical Co's Dividend Payout Ratio too high?
Koei Chemical Co's current Dividend Payout Ratio of 0.46 is 15% below median its 10-year median of 0.54. Over the past 10 years, this metric has ranged from a low of 0.16 to a high of 1.90. The Chemicals industry median Dividend Payout Ratio is 0.36. Koei Chemical Co's value of 0.46 is 27.8% above this industry median. Based on the distribution chart, Koei Chemical Co ranks #840 out of 907 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Koei Chemical Co has a GF Score™ of 57/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Koei Chemical Co's Dividend Payout Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Koei Chemical Co ranks #840 out of 907 companies for Dividend Payout Ratio. This places Koei Chemical Co in the lower half of its industry. The industry median Dividend Payout Ratio is 0.36. Koei Chemical Co's value of 0.46 is 27.8% above this benchmark. Historically, Koei Chemical Co's own Dividend Payout Ratio has ranged from 0.16 to 1.90 over the past decade. While the company's 10-year median is 0.54 vs. the industry median of 0.36, Koei Chemical 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 Chemicals company?
The median Dividend Payout Ratio among Chemicals companies is 0.36, based on 907 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. Koei Chemical Co's current Dividend Payout Ratio of 0.46 is 27.8% 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 Koei Chemical Co and its competitors. For the Chemicals 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. Koei Chemical Co's current Dividend Payout Ratio is 0.46, which is 15% below median its own 10-year median of 0.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Koei Chemical Co stock overvalued right now?
Based on GuruFocus' analysis, Koei Chemical Co (TSE:4367) is currently considered Modestly Overvalued. The stock's GF Value™ is 円2,031.15, compared to a current price of 円2,560.00 — trading 26% above its estimated fair value. The current Dividend Payout Ratio is 0.46, which is 15% below median its 10-year median of 0.54 and 27.8% above the Chemicals industry median of 0.36. Koei Chemical Co's overall GF Score™ is 57/100 with 7 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 Koei Chemical Co (TSE:4367), the current Dividend Payout Ratio is 0.46 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 Koei Chemical Co (TSE:4367) Overvalued in 2026?

Based on GuruFocus' analysis, Koei Chemical Co stock appears to be overvalued. The current stock price of 円2,560.00 is trading 26% above its estimated GF Value™ of 円2,031.15. GuruFocus considers Koei Chemical Co to be Modestly Overvalued.

Key valuation signals for TSE:4367:

  • Dividend Payout Ratio: 0.46 (15% below median its 10-year median of 0.54)
  • GF Value™: 円2,031.15 vs. price of 円2,560.00 (26% above fair value)
  • GF Score™: 57/100 with 7 warning signs
  • Industry Position: 27.8% above the Chemicals median (#840 of 907)

No single metric tells the full story. See the TSE:4367 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Koei Chemical Co Business Description

Address 25 Kitasode, Chiba Prefecture, Sodegaura, JPN, 299-0266
Koei Chemical Co Ltd is a chemical company. It manufactures and sells all kinds of chemical products such as Ionic liquids, polyhydric alcohols, Polyols used in alkyd resin paints used in architecture and automobiles, as well as in air conditioner lubricants and UV inks, Formalin Products used in Adhesives, Synthetic resins, Paints, pyridines, pyrazines, and amines. The company generates sales from locations such as Japan, Asia, Europe, North America.
57GF Score

Get the complete analysis for TSE:4367

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

円2,560.00
Price
円2,031.15
GF Value