Lancers (TSE:4484) Dividend Payout Ratio: 0.74 (As of Mar. 2026) — 335% Above Median

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TSE:4484 Lancers Inc TSE:4484
65 GF Score
Price 円279.00
GF Value 円267.89
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is Lancers Dividend Payout Ratio?

Lancers TSE:4484 65 Dividend Payout Ratio is 0.74 as of Mar. 2026, which is 335% above its 10-year median of 0.17. GuruFocus rates TSE:4484 with a GF Score™ of 65/100 and a GF Value™ of 円267.89 (Fairly Valued). The stock has 4 warning signs investors should review. Among 871 Software companies, Lancers ranks better than 53.04% 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. Lancers's Dividend Payout Ratio for the months ended in Mar. 2026 was 0.74.

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

TSE:4484' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.17   Med: 0.17   Max: 0.39
Current: 0.39


During the past 9 years, the highest Dividend Payout Ratio of Lancers was 0.39. The lowest was 0.17. And the median was 0.17.

TSE:4484's Dividend Payout Ratio is ranked better than
53.04% of 871 companies
in the Software industry
Industry Median: 0.41 vs TSE:4484: 0.39

As of today (2026-07-14), the Dividend Yield % of Lancers is 0.72%.

During the past 9 years, the highest Trailing Annual Dividend Yield of Lancers was 0.77%. The lowest was 0.67%. And the median was 0.71%.

Lancers's Dividends per Share for the months ended in Mar. 2026 was 円2.00.

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.


Lancers (TSE:4484) 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.


Lancers Dividend Payout Ratio Related Terms


Lancers Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Lancers'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.

Lancers Dividend Payout Ratio Chart

Lancers Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only 0.00 0.00 0.00 0.00 0.17

Lancers Semi-Annual Data
Mar18 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 0.00 0.00 0.00 0.00 0.74

TSE:4484 vs UBER, SHOP, CRM: Dividend Payout Ratio Comparison

For the Software - Application subindustry, Lancers'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.


Lancers Dividend Payout Ratio vs Software Industry

For the Software industry and Technology sector, Lancers's Dividend Payout Ratio distribution charts can be found below:

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


TSE:4484
65GF Score
Lancers Inc TSE:4484
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Lancers 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.

Lancers'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 )
=2/ 11.652
=0.17

Lancers'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 )
=2/ 2.71
=0.74

* 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 0.74 mean?
Lancers (TSE:4484) has a Dividend Payout Ratio of 0.74 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Lancers and its competitors. This is 335% above median its historical median of 0.17. Over the past decade, Lancers' Dividend Payout Ratio has ranged from 0.17 to 0.39. According to the industry distribution chart, Lancers ranks #409 out of 871 companies in the Software industry, placing it in the top 47%.
Is Lancers' Dividend Payout Ratio too high?
Lancers' current Dividend Payout Ratio of 0.74 is 335% above median its 10-year median of 0.17. Over the past 10 years, this metric has ranged from a low of 0.17 to a high of 0.39. The Software industry median Dividend Payout Ratio is 0.41. Lancers' value of 0.74 is 80.5% above this industry median. Based on the distribution chart, Lancers ranks #409 out of 871 companies in the Software industry, which is above the industry midpoint. Overall, Lancers has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Lancers' Dividend Payout Ratio compare to UBER and SHOP?
According to the Software industry distribution chart, Lancers ranks #409 out of 871 companies for Dividend Payout Ratio. This puts Lancers in the upper half of its industry. The industry median Dividend Payout Ratio is 0.41. Lancers' value of 0.74 is 80.5% above this benchmark. Historically, Lancers' own Dividend Payout Ratio has ranged from 0.17 to 0.39 over the past decade. While the company's 10-year median is 0.17 vs. the industry median of 0.41, Lancers 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 Software company?
The median Dividend Payout Ratio among Software companies is 0.41, based on 871 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. Lancers's current Dividend Payout Ratio of 0.74 is 80.5% 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 Lancers and its competitors. For the Software industry, the median Dividend Payout Ratio is 0.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lancers's current Dividend Payout Ratio is 0.74, which is 335% above median its own 10-year median of 0.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lancers stock overvalued right now?
Based on GuruFocus' analysis, Lancers (TSE:4484) is currently considered Fairly Valued. The stock's GF Value™ is 円267.89, compared to a current price of 円279.00 — trading 4.1% above its estimated fair value. The current Dividend Payout Ratio is 0.74, which is 335% above median its 10-year median of 0.17 and 80.5% above the Software industry median of 0.41. Lancers' overall GF Score™ is 65/100 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 Lancers (TSE:4484), the current Dividend Payout Ratio is 0.74 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 Lancers (TSE:4484) Overvalued in 2026?

Based on GuruFocus' analysis, Lancers stock appears to be overvalued. The current stock price of 円279.00 is trading 4.1% above its estimated GF Value™ of 円267.89. GuruFocus considers Lancers to be Fairly Valued.

Key valuation signals for TSE:4484:

  • Dividend Payout Ratio: 0.74 (335% above median its 10-year median of 0.17)
  • GF Value™: 円267.89 vs. price of 円279.00 (4.1% above fair value)
  • GF Score™: 65/100 with 4 warning signs
  • Industry Position: 80.5% above the Software median (#409 of 871)

No single metric tells the full story. See the TSE:4484 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Lancers Business Description

Address Shibuya 3-10-13, Shibuya-ku, TOKYU REIT Shibuya R Building 9th Floor, Tokyo, JPN, 150-0002
Lancers Inc is a freelance jobs information company based in Tokyo. The company has partnered with SAP Japan to offer a platform for freelancers to take advantage of companies that provide SAP-based working opportunities.
65GF Score

Get the complete analysis for TSE:4484

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

円279.00
Price
円267.89
GF Value