Hokuriku Electric Industry Co (TSE:6989) Dividend Payout Ratio: 0.80 (As of Mar. 2026) — 150% Above Median


TSE:6989 Hokuriku Electric Industry Co Ltd TSE:6989
58 GF Score
Price 円2,748.00
GF Value 円1,561.29
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Hokuriku Electric Industry Co Dividend Payout Ratio?

Hokuriku Electric Industry Co TSE:6989 -1.68% 58 Dividend Payout Ratio is 0.80 as of Mar. 2026, which is 150% above its 10-year median of 0.32. GuruFocus rates TSE:6989 with a GF Score™ of 58/100 and a GF Value™ of 円1,561.29 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,213 Hardware companies, Hokuriku Electric Industry Co ranks better than 59.11% 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. Hokuriku Electric Industry Co's Dividend Payout Ratio for the months ended in Mar. 2026 was 0.80.

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

TSE:6989' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.19   Med: 0.32   Max: 62.24
Current: 0.39

During the past 13 years, the highest Dividend Payout Ratio of Hokuriku Electric Industry Co was 62.24. The lowest was 0.19. And the median was 0.32.

TSE:6989's Dividend Payout Ratio is ranked better than
59.11% of 1213 companies
in the Hardware industry
Industry Median: 0.47 vs TSE:6989: 0.39

As of today (2026-07-08), the Dividend Yield % of Hokuriku Electric Industry Co is 3.22%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Hokuriku Electric Industry Co was 6.55%. The lowest was 1.57%. And the median was 3.24%.

Hokuriku Electric Industry Co's Dividends per Share for the months ended in Mar. 2026 was 円95.00.

During the past 12 months, Hokuriku Electric Industry Co's average Dividends Per Share Growth Rate was 5.60% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 20.00% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 25.40% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 12.00% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Hokuriku Electric Industry Co was 26.00% per year. The lowest was -9.10% per year. And the median was 0.00% 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.

Hokuriku Electric Industry Co (TSE:6989) 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.

Hokuriku Electric Industry Co Dividend Payout Ratio Related Terms

Hokuriku Electric Industry Co Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Hokuriku Electric 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.

Hokuriku Electric Industry Co Dividend Payout Ratio Chart

Hokuriku Electric 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 0.19 0.21 0.20 0.33 0.39

Hokuriku Electric Industry Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.45 0.00 0.48 0.00 0.80

TSE:6989 vs APH, GLW: Dividend Payout Ratio Comparison

For the Electronic Components subindustry, Hokuriku Electric 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.

Hokuriku Electric Industry Co Dividend Payout Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Hokuriku Electric Industry Co's Dividend Payout Ratio distribution charts can be found below:

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


TSE:6989
58GF Score
Hokuriku Electric Industry Co Ltd TSE:6989
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hokuriku Electric 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.

Hokuriku Electric 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 )
=95/ 245.449
=0.39

Hokuriku Electric 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 )
=95/ 119.438
=0.80

* 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 0.80 mean?
Hokuriku Electric Industry Co (TSE:6989) has a Dividend Payout Ratio of 0.80 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Hokuriku Electric Industry Co and its competitors. This is 150% above median its historical median of 0.32. Over the past decade, Hokuriku Electric Industry Co's Dividend Payout Ratio has ranged from 0.19 to 62.24. According to the industry distribution chart, Hokuriku Electric Industry Co ranks #496 out of 1213 companies in the Hardware industry, placing it in the top 40.9%.
Is Hokuriku Electric Industry Co's Dividend Payout Ratio too high?
Hokuriku Electric Industry Co's current Dividend Payout Ratio of 0.80 is 150% above median its 10-year median of 0.32. Over the past 10 years, this metric has ranged from a low of 0.19 to a high of 62.24. The Hardware industry median Dividend Payout Ratio is 0.47. Hokuriku Electric Industry Co's value of 0.80 is 70.2% above this industry median. Based on the distribution chart, Hokuriku Electric Industry Co ranks #496 out of 1213 companies in the Hardware industry, which is above the industry midpoint. Overall, Hokuriku Electric Industry Co has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hokuriku Electric Industry Co's Dividend Payout Ratio compare to APH and GLW?
According to the Hardware industry distribution chart, Hokuriku Electric Industry Co ranks #496 out of 1213 companies for Dividend Payout Ratio. This puts Hokuriku Electric Industry Co in the upper half of its industry. The industry median Dividend Payout Ratio is 0.47. Hokuriku Electric Industry Co's value of 0.80 is 70.2% above this benchmark. Historically, Hokuriku Electric Industry Co's own Dividend Payout Ratio has ranged from 0.19 to 62.24 over the past decade. While the company's 10-year median is 0.32 vs. the industry median of 0.47, Hokuriku Electric 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 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. Hokuriku Electric Industry Co's current Dividend Payout Ratio of 0.80 is 70.2% 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 Hokuriku Electric Industry 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. Hokuriku Electric Industry Co's current Dividend Payout Ratio is 0.80, which is 150% above median its own 10-year median of 0.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hokuriku Electric Industry Co stock overvalued right now?
Based on GuruFocus' analysis, Hokuriku Electric Industry Co (TSE:6989) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,561.29, compared to a current price of 円2,748.00 — trading 76% above its estimated fair value. The current Dividend Payout Ratio is 0.80, which is 150% above median its 10-year median of 0.32 and 70.2% above the Hardware industry median of 0.47. Hokuriku Electric Industry Co's overall GF Score™ is 58/100 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 Hokuriku Electric Industry Co (TSE:6989), the current Dividend Payout Ratio is 0.80 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 Hokuriku Electric Industry Co (TSE:6989) Overvalued in 2026?

Based on GuruFocus' analysis, Hokuriku Electric Industry Co stock appears to be overvalued. The current stock price of 円2,748.00 is trading 76% above its estimated GF Value™ of 円1,561.29. GuruFocus considers Hokuriku Electric Industry Co to be Significantly Overvalued.

Key valuation signals for TSE:6989:

  • Dividend Payout Ratio: 0.80 (150% above median its 10-year median of 0.32)
  • GF Value™: 円1,561.29 vs. price of 円2,748.00 (76% above fair value)
  • GF Score™: 58/100 with 5 warning signs
  • Industry Position: 70.2% above the Hardware median (#496 of 1213)

No single metric tells the full story. See the TSE:6989 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Hokuriku Electric Industry Co Business Description

Address 3158 Shimo-okubo, Toyama, JPN, 939-2292
Hokuriku Electric Industry Co Ltd operates in development, manufacturing and sales of electronic components such as Resistors, Sensors, Modules Printed Circuit Boards, Piezoelectric Buzzers, Tactile Switches, Thermistors and Varistors.
58GF Score

Get the complete analysis for TSE:6989

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

円2,748.00
Price
円1,561.29
GF Value