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. Shindengen Electric Manufacturing Co's Dividend Payout Ratio for the
months ended in Mar. 2026 was 1.67.
The historical rank and industry rank for Shindengen Electric Manufacturing Co's Dividend Payout Ratio or its related term are showing as below:
TSE:6844'
s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.2 Med: 0.29 Max: 0.73
Current: 0.27
During the past 13 years, the highest Dividend Payout Ratio of Shindengen Electric Manufacturing Co was 0.73. The lowest was 0.20. And the median was 0.29.
TSE:6844's Dividend Payout Ratio is ranked better than 73.29% of 1213
companies
in the Hardware industry
Industry Median: 0.47
vs TSE:6844: 0.27
During the past 13 years, the highest Trailing Annual Dividend Yield of Shindengen Electric Manufacturing Co was 6.01%. The lowest was 1.21%. And the median was 3.00%.
During the past 12 months, Shindengen Electric Manufacturing Co's average Dividends Per Share Growth Rate was 53.80% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was -8.40% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Shindengen Electric Manufacturing Co was 58.70% per year. The lowest was -29.10% 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.
Shindengen Electric Manufacturing Co (TSE:6844) 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.
Shindengen Electric Manufacturing Co Dividend Payout Ratio Related Terms
Shindengen Electric Manufacturing Co Dividend Payout Ratio Historical Data
* 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.
Shindengen Electric Manufacturing Co Dividend Payout Ratio Chart
TSE:6844 vs APH, GLW: Dividend Payout Ratio Comparison
For the Electronic Components subindustry, Shindengen Electric Manufacturing 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.
Shindengen Electric Manufacturing Co Dividend Payout Ratio vs Hardware Industry
For the Hardware industry and Technology sector, Shindengen Electric Manufacturing Co's Dividend Payout Ratio distribution charts can be found below:
* The bar in red indicates where Shindengen Electric Manufacturing Co's Dividend Payout Ratio falls into.
Shindengen Electric Manufacturing 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.
* 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.
Shindengen Electric Manufacturing Co (TSE:6844) has a Dividend Payout Ratio of 1.67 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Shindengen Electric Manufacturing Co and its competitors. This is 476% above median its historical median of 0.29. Over the past decade, Shindengen Electric Manufacturing Co's Dividend Payout Ratio has ranged from 0.20 to 0.73. According to the industry distribution chart, Shindengen Electric Manufacturing Co ranks #324 out of 1213 companies in the Hardware industry, placing it in the top 26.7%.
Is Shindengen Electric Manufacturing Co's Dividend Payout Ratio too high?
Shindengen Electric Manufacturing Co's current Dividend Payout Ratio of 1.67 is 476% above median its 10-year median of 0.29. Over the past 10 years, this metric has ranged from a low of 0.20 to a high of 0.73. The Hardware industry median Dividend Payout Ratio is 0.47. Shindengen Electric Manufacturing Co's value of 1.67 is 255.3% above this industry median. Based on the distribution chart, Shindengen Electric Manufacturing Co ranks #324 out of 1213 companies in the Hardware industry, which is above the industry midpoint. Overall, Shindengen Electric Manufacturing Co has a GF Score™ of 75/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shindengen Electric Manufacturing Co's Dividend Payout Ratio compare to APH and GLW?
According to the Hardware industry distribution chart, Shindengen Electric Manufacturing Co ranks #324 out of 1213 companies for Dividend Payout Ratio. This puts Shindengen Electric Manufacturing Co in the upper half of its industry. The industry median Dividend Payout Ratio is 0.47. Shindengen Electric Manufacturing Co's value of 1.67 is 255.3% above this benchmark. Historically, Shindengen Electric Manufacturing Co's own Dividend Payout Ratio has ranged from 0.20 to 0.73 over the past decade. While the company's 10-year median is 0.29 vs. the industry median of 0.47, Shindengen Electric Manufacturing 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 Hardware company?
The median Dividend Payout Ratio among Hardware companies is 0.47, based on 1,213 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. Shindengen Electric Manufacturing Co's current Dividend Payout Ratio of 1.67 is 255.3% 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 Shindengen Electric Manufacturing Co and its competitors. For the Hardware industry, the median Dividend Payout Ratio is 0.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shindengen Electric Manufacturing Co's current Dividend Payout Ratio is 1.67, which is 476% above median its own 10-year median of 0.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shindengen Electric Manufacturing Co stock overvalued right now?
Based on GuruFocus' analysis, Shindengen Electric Manufacturing Co (TSE:6844) is currently considered Modestly Overvalued. The stock's GF Value™ is 円3,368.46, compared to a current price of 円3,890.00 — trading 15.5% above its estimated fair value. The current Dividend Payout Ratio is 1.67, which is 476% above median its 10-year median of 0.29 and 255.3% above the Hardware industry median of 0.47. Shindengen Electric Manufacturing Co's overall GF Score™ is 75/100 with 6 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 Shindengen Electric Manufacturing Co (TSE:6844), the current Dividend Payout Ratio is 1.67 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 Shindengen Electric Manufacturing Co (TSE:6844) Overvalued in 2026?
Based on GuruFocus' analysis, Shindengen Electric Manufacturing Co stock appears to be overvalued.
The current stock price of 円3,890.00 is trading 15.5% above its estimated GF Value™ of 円3,368.46.
GuruFocus considers Shindengen Electric Manufacturing Co to be Modestly Overvalued.
Key valuation signals for TSE:6844:
Dividend Payout Ratio: 1.67 (476% above median its 10-year median of 0.29)
GF Value™: 円3,368.46 vs. price of 円3,890.00 (15.5% above fair value)
Industry Position: 255.3% above the Hardware median (#324 of 1213)
No single metric tells the full story. See the TSE:6844 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shindengen Electric Manufacturing Co Business Description
Shindengen Electric Manufacturing Co Ltd is an electronics manufacturer that develops, manufactures and sells high-efficiency, low-noise semiconductors as well as car electronics and power system products. The company's business is organized into three reportable segments: Device business, Car Electronics business and Next Generation Energy business. It earns majority of the revenue from Car Electronics business. Shindengen has its operations in Japan, Indonesia, Asia, and other areas.
75GF Score
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