Toho Chemical Industry Co (TSE:4409) Dividend Payout Ratio: 27.81 (As of Mar. 2026) — 9170% Above Median

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TSE:4409 Toho Chemical Industry Co Ltd TSE:4409
54 GF Score
Price 円765.00
GF Value 円625.99
Valuation Modestly Overvalued
! 4 Warning Signs
View Full Analysis

What is Toho Chemical Industry Co Dividend Payout Ratio?

Toho Chemical Industry Co TSE:4409 +2.41% 54 Dividend Payout Ratio is 27.81 as of Mar. 2026, which is 9170% above its 10-year median of 0.30. GuruFocus rates TSE:4409 with a GF Score™ of 54/100 and a GF Value™ of 円625.99 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 919 Chemicals companies, Toho Chemical Industry Co ranks better than 50.38% 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. Toho Chemical Industry Co's Dividend Payout Ratio for the months ended in Mar. 2026 was 27.81.

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

TSE:4409' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.14   Med: 0.3   Max: 0.8
Current: 0.3

During the past 13 years, the highest Dividend Payout Ratio of Toho Chemical Industry Co was 0.80. The lowest was 0.14. And the median was 0.30.

TSE:4409's Dividend Payout Ratio is ranked better than
50.38% of 919 companies
in the Chemicals industry
Industry Median: 0.35 vs TSE:4409: 0.30

As of today (2026-08-15), the Dividend Yield % of Toho Chemical Industry Co is 2.88%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Toho Chemical Industry Co was 3.42%. The lowest was 0.76%. And the median was 2.87%.

Toho Chemical Industry Co's Dividends per Share for the months ended in Mar. 2026 was 円22.00.

During the past 12 months, Toho Chemical Industry Co's average Dividends Per Share Growth Rate was 10.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 13.60% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 8.70% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 12.90% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Toho Chemical Industry Co was 35.70% per year. The lowest was 0.00% per year. And the median was 4.30% 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.

Toho Chemical Industry Co (TSE:4409) 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.

Toho Chemical Industry Co Dividend Payout Ratio Related Terms

Toho Chemical Industry Co Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Toho Chemical Industry 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.

Toho Chemical Industry Co Dividend Payout Ratio Chart

Toho Chemical Industry 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 0.23 0.35 0.80 0.33 0.35

Toho Chemical Industry Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.00 0.00 0.00 27.81 0.00

TSE:4409 vs LIN, SHW, ECL: Dividend Payout Ratio Comparison

For the Specialty Chemicals subindustry, Toho Chemical Industry 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.

Toho Chemical Industry Co Dividend Payout Ratio vs Chemicals Industry

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

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


TSE:4409
54GF Score
Toho Chemical Industry Co Ltd TSE:4409
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Toho Chemical Industry 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.

Toho Chemical Industry 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 )
=22/ 62.513
=0.35

Toho Chemical Industry 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 )
=22/ 0.791
=27.81

* 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 27.81 mean?
Toho Chemical Industry Co (TSE:4409) has a Dividend Payout Ratio of 27.81 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Toho Chemical Industry Co and its competitors. This is 9170% above median its historical median of 0.30. Over the past decade, Toho Chemical Industry Co's Dividend Payout Ratio has ranged from 0.14 to 0.80. According to the industry distribution chart, Toho Chemical Industry Co ranks #456 out of 919 companies in the Chemicals industry, placing it in the top 49.6%.
Is Toho Chemical Industry Co's Dividend Payout Ratio too high?
Toho Chemical Industry Co's current Dividend Payout Ratio of 27.81 is 9170% above median its 10-year median of 0.30. Over the past 10 years, this metric has ranged from a low of 0.14 to a high of 0.80. The Chemicals industry median Dividend Payout Ratio is 0.35. Toho Chemical Industry Co's value of 27.81 is 7845.7% above this industry median. Based on the distribution chart, Toho Chemical Industry Co ranks #456 out of 919 companies in the Chemicals industry, which is above the industry midpoint. Overall, Toho Chemical Industry Co has a GF Score™ of 54/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Toho Chemical Industry Co's Dividend Payout Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Toho Chemical Industry Co ranks #456 out of 919 companies for Dividend Payout Ratio. This puts Toho Chemical Industry Co in the upper half of its industry. The industry median Dividend Payout Ratio is 0.35. Toho Chemical Industry Co's value of 27.81 is 7845.7% above this benchmark. Historically, Toho Chemical Industry Co's own Dividend Payout Ratio has ranged from 0.14 to 0.80 over the past decade. While the company's 10-year median is 0.30 vs. the industry median of 0.35, Toho Chemical Industry 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 0.35, based on 919 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. Toho Chemical Industry Co's current Dividend Payout Ratio of 27.81 is 7845.7% 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 Toho Chemical Industry Co and its competitors. For the Chemicals industry, the median Dividend Payout Ratio is 0.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Toho Chemical Industry Co's current Dividend Payout Ratio is 27.81, which is 9170% above median its own 10-year median of 0.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Toho Chemical Industry Co stock overvalued right now?
Based on GuruFocus' analysis, Toho Chemical Industry Co (TSE:4409) is currently considered Modestly Overvalued. The stock's GF Value™ is 円625.99, compared to a current price of 円765.00 — trading 22.2% above its estimated fair value. The current Dividend Payout Ratio is 27.81, which is 9170% above median its 10-year median of 0.30 and 7845.7% above the Chemicals industry median of 0.35. Toho Chemical Industry Co's overall GF Score™ is 54/100 with 4 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 Toho Chemical Industry Co (TSE:4409), the current Dividend Payout Ratio is 27.81 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 Toho Chemical Industry Co (TSE:4409) Overvalued in 2026?

Based on GuruFocus' analysis, Toho Chemical Industry Co stock appears to be overvalued. The current stock price of 円765.00 is trading 22.2% above its estimated GF Value™ of 円625.99. GuruFocus considers Toho Chemical Industry Co to be Modestly Overvalued.

Key valuation signals for TSE:4409:

  • Dividend Payout Ratio: 27.81 (9170% above median its 10-year median of 0.30)
  • GF Value™: 円625.99 vs. price of 円765.00 (22.2% above fair value)
  • GF Score™: 54/100 with 4 warning signs
  • Industry Position: 7845.7% above the Chemicals median (#456 of 919)

No single metric tells the full story. See the TSE:4409 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Toho Chemical Industry Co Business Description

Address 6-4 Akashi-cho, Chuo-Ku, Nichirei Akashi-cho Building, Tokyo, JPN, 104-0044
Toho Chemical Industry Co Ltd is engaged in the chemical business. Its product lines are surfactants, specialty chemicals, resins, and industrial chemicals. Some of its products are chemicals for textiles, detergents, pharmaceutical formulations, and others. The company serves a range of industries from daily consumables to high-tech products industries.
54GF Score

Get the complete analysis for TSE:4409

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

円765.00
Price
円625.99
GF Value