Kao (TSE:4452) Dividend Payout Ratio: 1.49 (As of Jun. 2026) — 166% Above Median

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TSE:4452 Kao Corp TSE:4452
70 GF Score
Price 円3,533.00
GF Value 円3,207.50
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is Kao Dividend Payout Ratio?

Kao TSE:4452 -0.67% 70 Dividend Payout Ratio is 1.49 as of Jun. 2026, which is 166% above its 10-year median of 0.56. GuruFocus rates TSE:4452 with a GF Score™ of 70/100 and a GF Value™ of 円3,207.50 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,003 Consumer Packaged Goods companies, Kao ranks worse than 67.9% 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. Kao's Dividend Payout Ratio for the months ended in Jun. 2026 was 1.49.

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

TSE:4452' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.37   Med: 0.56   Max: 1.59
Current: 0.63

During the past 13 years, the highest Dividend Payout Ratio of Kao was 1.59. The lowest was 0.37. And the median was 0.56.

TSE:4452's Dividend Payout Ratio is ranked worse than
67.9% of 1003 companies
in the Consumer Packaged Goods industry
Industry Median: 0.44 vs TSE:4452: 0.63

As of today (2026-08-16), the Dividend Yield % of Kao is 2.19%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Kao was 3.04%. The lowest was 1.26%. And the median was 2.10%.

Kao's Dividends per Share for the months ended in Jun. 2026 was 円39.00.

During the past 12 months, Kao's average Dividends Per Share Growth Rate was 1.30% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 1.30% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 1.90% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 6.20% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Kao was 16.30% per year. The lowest was 1.30% per year. And the median was 5.35% 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.

Kao (TSE:4452) 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.

Kao Dividend Payout Ratio Related Terms

Kao Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Kao'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.

Kao Dividend Payout Ratio Chart

Kao Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.63 0.81 1.59 0.66 0.59

Kao Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 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 1.34 0.00 1.56 0.00 1.49

TSE:4452 vs PG, CL, KVUE: Dividend Payout Ratio Comparison

For the Household & Personal Products subindustry, Kao'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.

Kao Dividend Payout Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Kao's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Kao's Dividend Payout Ratio falls into.


TSE:4452
70GF Score
Kao Corp TSE:4452
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kao 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.

Kao's Dividend Payout Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Dec. 2025 )/ EPS without NRI (A: Dec. 2025 )
=77/ 130.151
=0.59

Kao's Dividend Payout Ratio for the quarter that ended in Jun. 2026 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Jun. 2026 )/ EPS without NRI (Q: Jun. 2026 )
=39/ 26.218
=1.49

* 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 1.49 mean?
Kao (TSE:4452) has a Dividend Payout Ratio of 1.49 as of Jun. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Kao and its competitors. This is 166% above median its historical median of 0.56. Over the past decade, Kao's Dividend Payout Ratio has ranged from 0.37 to 1.59. According to the industry distribution chart, Kao ranks #681 out of 1003 companies in the Consumer Packaged Goods industry, placing it in the top 67.9%.
Is Kao's Dividend Payout Ratio too high?
Kao's current Dividend Payout Ratio of 1.49 is 166% above median its 10-year median of 0.56. Over the past 10 years, this metric has ranged from a low of 0.37 to a high of 1.59. The Consumer Packaged Goods industry median Dividend Payout Ratio is 0.44. Kao's value of 1.49 is 238.6% above this industry median. Based on the distribution chart, Kao ranks #681 out of 1003 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Kao has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Kao's Dividend Payout Ratio compare to PG and CL?
According to the Consumer Packaged Goods industry distribution chart, Kao ranks #681 out of 1003 companies for Dividend Payout Ratio. This places Kao in the lower half of its industry. The industry median Dividend Payout Ratio is 0.44. Kao's value of 1.49 is 238.6% above this benchmark. Historically, Kao's own Dividend Payout Ratio has ranged from 0.37 to 1.59 over the past decade. While the company's 10-year median is 0.56 vs. the industry median of 0.44, Kao 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 Consumer Packaged Goods company?
The median Dividend Payout Ratio among Consumer Packaged Goods companies is 0.44, based on 1,003 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. Kao's current Dividend Payout Ratio of 1.49 is 238.6% 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 Kao and its competitors. For the Consumer Packaged Goods industry, the median Dividend Payout Ratio is 0.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kao's current Dividend Payout Ratio is 1.49, which is 166% above median its own 10-year median of 0.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kao stock overvalued right now?
Based on GuruFocus' analysis, Kao (TSE:4452) is currently considered Fairly Valued. The stock's GF Value™ is 円3,207.50, compared to a current price of 円3,533.00 — trading 10.1% above its estimated fair value. The current Dividend Payout Ratio is 1.49, which is 166% above median its 10-year median of 0.56 and 238.6% above the Consumer Packaged Goods industry median of 0.44. Kao's overall GF Score™ is 70/100 with 5 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 Kao (TSE:4452), the current Dividend Payout Ratio is 1.49 as of Jun. 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 Kao (TSE:4452) Overvalued in 2026?

Based on GuruFocus' analysis, Kao stock appears to be overvalued. The current stock price of 円3,533.00 is trading 10.1% above its estimated GF Value™ of 円3,207.50. GuruFocus considers Kao to be Fairly Valued.

Key valuation signals for TSE:4452:

  • Dividend Payout Ratio: 1.49 (166% above median its 10-year median of 0.56)
  • GF Value™: 円3,207.50 vs. price of 円3,533.00 (10.1% above fair value)
  • GF Score™: 70/100 with 5 warning signs
  • Industry Position: 238.6% above the Consumer Packaged Goods median (#681 of 1003)

No single metric tells the full story. See the TSE:4452 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Kao Business Description

Address 14-10, Nihonbashi Kayabacho 1-chome, Chuo-ku, Tokyo, JPN, 103-8210
Kao is the largest household and personal care product manufacturer in Japan, with a footprint across Asia, Europe, and the Americas. Japan remains its largest market, contributing about 50% of sales and operating profits with several leading brands, including Attack and Bioré. Initially a soap producer established in the 1890s, Kao has expanded into cosmetics, disposable hygiene products, and chemicals, in addition to its homecare and toiletry products. Asia, the largest overseas market, contributes around 15% of group sales. Kao has also acquired several Western skin- and haircare brands, including Jergens, John Frieda, Curél, Molton Brown, and the latest, Oribe.
70GF Score

Get the complete analysis for TSE:4452

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

円3,533.00
Price
円3,207.50
GF Value