SEC CARBON (TSE:5304) Dividend Payout Ratio: 1.76 (As of Mar. 2026) — 604% Above Median

What is SEC CARBON Dividend Payout Ratio?

SEC CARBON TSE:5304 +1.23% 65 Dividend Payout Ratio is 1.76 as of Mar. 2026, which is 604% above its 10-year median of 0.25. GuruFocus rates TSE:5304 with a GF Score™ of 65/100 and a GF Value™ of 円1,610.81 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 907 Chemicals companies, SEC CARBON ranks worse than 71.89% 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. SEC CARBON's Dividend Payout Ratio for the months ended in Mar. 2026 was 1.76.

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

TSE:5304' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.07 Med: 0.25 Max: 0.56
Current: 0.56

During the past 13 years, the highest Dividend Payout Ratio of SEC CARBON was 0.56. The lowest was 0.07. And the median was 0.25.

TSE:5304's Dividend Payout Ratio is ranked worse than
71.89% of 907 companies
in the Chemicals industry
Industry Median: 0.36 vs TSE:5304: 0.56

As of today (2026-07-13), the Dividend Yield % of SEC CARBON is 4.06%.

During the past 13 years, the highest Trailing Annual Dividend Yield of SEC CARBON was 5.63%. The lowest was 0.28%. And the median was 3.47%.

SEC CARBON's Dividends per Share for the months ended in Mar. 2026 was 円50.00.

During the past 3 years, the average Dividends Per Share Growth Rate was 16.00% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 24.90% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 22.20% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of SEC CARBON was 53.80% per year. The lowest was -18.10% per year. And the median was 1.10% 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.

SEC CARBON (TSE:5304) 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.

SEC CARBON Dividend Payout Ratio Related Terms

SEC CARBON Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for SEC CARBON'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.

SEC CARBON Dividend Payout Ratio Chart

SEC CARBON Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Mar25

Mar26

Dividend Payout Ratio

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0.26

0.24

0.25

0.37

0.56

SEC CARBON Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
Dividend Payout Ratio	Get a 7-Day Free Trial															2.89	0.00	1.04	0.00	1.76

TSE:5304 vs LIN, SHW, ECL: Dividend Payout Ratio Comparison

For the Specialty Chemicals subindustry, SEC CARBON'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.

SEC CARBON Dividend Payout Ratio vs Chemicals Industry

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

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

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65GF Score

SEC CARBON Ltd TSE:5304

Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.

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SEC CARBON Dividend Payout Ratio Calculation

SEC CARBON'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 )
	=	100	/	179.024
	=	0.56

SEC CARBON'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	/	28.435
	=	1.76

Frequently Asked Questions Learn more about Dividend Payout Ratio →

What does a Dividend Payout Ratio of 1.76 mean?

SEC CARBON (TSE:5304) has a Dividend Payout Ratio of 1.76 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on SEC CARBON and its competitors. This is 604% above median its historical median of 0.25. Over the past decade, SEC CARBON's Dividend Payout Ratio has ranged from 0.07 to 0.56. According to the industry distribution chart, SEC CARBON ranks #652 out of 907 companies in the Chemicals industry, placing it in the top 71.9%.

Is SEC CARBON's Dividend Payout Ratio too high?

SEC CARBON's current Dividend Payout Ratio of 1.76 is 604% above median its 10-year median of 0.25. Over the past 10 years, this metric has ranged from a low of 0.07 to a high of 0.56. The Chemicals industry median Dividend Payout Ratio is 0.36. SEC CARBON's value of 1.76 is 388.9% above this industry median. Based on the distribution chart, SEC CARBON ranks #652 out of 907 companies in the Chemicals industry, which is below the industry midpoint. Overall, SEC CARBON has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.

How does SEC CARBON's Dividend Payout Ratio compare to LIN and SHW?

According to the Chemicals industry distribution chart, SEC CARBON ranks #652 out of 907 companies for Dividend Payout Ratio. This places SEC CARBON in the lower half of its industry. The industry median Dividend Payout Ratio is 0.36. SEC CARBON's value of 1.76 is 388.9% above this benchmark. Historically, SEC CARBON's own Dividend Payout Ratio has ranged from 0.07 to 0.56 over the past decade. While the company's 10-year median is 0.25 vs. the industry median of 0.36, SEC CARBON 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. SEC CARBON's current Dividend Payout Ratio of 1.76 is 388.9% 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 SEC CARBON 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. SEC CARBON's current Dividend Payout Ratio is 1.76, which is 604% above median its own 10-year median of 0.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is SEC CARBON stock overvalued right now?

Based on GuruFocus' analysis, SEC CARBON (TSE:5304) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,610.81, compared to a current price of 円2,462.00 — trading 52.8% above its estimated fair value. The current Dividend Payout Ratio is 1.76, which is 604% above median its 10-year median of 0.25 and 388.9% above the Chemicals industry median of 0.36. SEC CARBON's overall GF Score™ is 65/100 with 3 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 SEC CARBON (TSE:5304), the current Dividend Payout Ratio is 1.76 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 SEC CARBON (TSE:5304) Overvalued in 2026?

Based on GuruFocus' analysis, SEC CARBON stock appears to be overvalued. The current stock price of 円2,462.00 is trading 52.8% above its estimated GF Value™ of 円1,610.81. GuruFocus considers SEC CARBON to be Significantly Overvalued.

Key valuation signals for TSE:5304:

Dividend Payout Ratio: 1.76 (604% above median its 10-year median of 0.25)
GF Value™: 円1,610.81 vs. price of 円2,462.00 (52.8% above fair value)
GF Score™: 65/100 with 3 warning signs
Industry Position: 388.9% above the Chemicals median (#652 of 907)

No single metric tells the full story. See the TSE:5304 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

SEC CARBON Business Description

Industry Basic Materials Chemicals

Comparable Companies TSE:4275 TSE:4462 TSE:4082 NGO:2902 TSE:4092 TSE:5302 TSE:4968 TSE:4027 TSE:4094 TSE:4972 LIN XPAR:AI SHW ECL APD SHSE:603256 XSWX:GIVN TPE:1303 XSWX:SIKA SHSE:600309

Address 1-2-6 Shioe, Amagasaki, Hyogo, JPN

Website http://sec-carbon.com

SEC CARBON Ltd engages in the manufacture and sale of carbon products. It offers SK-B graphitized cathode blocks for aluminum smelting; graphite electrodes that are used in electric arc furnaces for steelmaking; and carbon and graphite specialties and materials for use in the semiconductor, aerospace, chemical, electrochemistry, machine, and metallurgy industries. The company also provides the fine powder that is used in various industries, such as paint, sliding materials, metallurgic uses, and batteries.

65GF Score

Get the complete analysis for TSE:5304

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

円2,462.00

Price

円1,610.81

GF Value

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