HEIWADO Co (TSE:8276) Dividend Payout Ratio: 0.39 (As of Feb. 2026) — 77% Above Median

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HEIWADO Co Ltd TSE:8276

79 GF Score

Price 円2,558.00

GF Value 円2,758.86

Valuation Fairly Valued

2 Warning Signs

View Full Analysis

What is HEIWADO Co Dividend Payout Ratio?

HEIWADO Co TSE:8276 -1.27% 79 Dividend Payout Ratio is 0.39 as of Feb. 2026, which is 77% above its 10-year median of 0.22. GuruFocus rates TSE:8276 with a GF Score™ of 79/100 and a GF Value™ of 円2,758.86 (Fairly Valued). The stock has 2 warning signs investors should review. Among 507 Retail - Cyclical companies, HEIWADO Co ranks better than 57.59% 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. HEIWADO Co's Dividend Payout Ratio for the months ended in Feb. 2026 was 0.39.

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

TSE:8276' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.17 Med: 0.22 Max: 0.36
Current: 0.36

During the past 13 years, the highest Dividend Payout Ratio of HEIWADO Co was 0.36. The lowest was 0.17. And the median was 0.22.

TSE:8276's Dividend Payout Ratio is ranked better than
57.59% of 507 companies
in the Retail - Cyclical industry
Industry Median: 0.41 vs TSE:8276: 0.36

As of today (2026-07-24), the Dividend Yield % of HEIWADO Co is 2.55%.

During the past 13 years, the highest Trailing Annual Dividend Yield of HEIWADO Co was 2.69%. The lowest was 1.05%. And the median was 1.78%.

HEIWADO Co's Dividends per Share for the months ended in Feb. 2026 was 円33.00.

During the past 12 months, HEIWADO Co's average Dividends Per Share Growth Rate was 4.80% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 16.30% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 13.40% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 7.20% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of HEIWADO Co was 26.00% per year. The lowest was -20.60% per year. And the median was 6.30% 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.

HEIWADO Co (TSE:8276) 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.

HEIWADO Co Dividend Payout Ratio Related Terms

HEIWADO Co Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for HEIWADO 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.

HEIWADO Co Dividend Payout Ratio Chart

HEIWADO Co Annual Data

Trend

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Feb25

Feb26

Dividend Payout Ratio

Get a 7-Day Free Trial

0.20

0.27

0.24

0.32

0.33

HEIWADO Co Quarterly Data
	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24	Nov24	Feb25	May25	Aug25	Nov25	Feb26	May26
Dividend Payout Ratio	Get a 7-Day Free Trial															0.00	0.59	0.00	0.39	0.00

TSE:8276 vs DDS: Dividend Payout Ratio Comparison

For the Department Stores subindustry, HEIWADO 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.

HEIWADO Co Dividend Payout Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, HEIWADO Co's Dividend Payout Ratio distribution charts can be found below:

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

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79GF Score

HEIWADO Co Ltd TSE:8276

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

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HEIWADO Co Dividend Payout Ratio Calculation

HEIWADO Co's Dividend Payout Ratio for the fiscal year that ended in Feb. 2026 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Feb. 2026 )	/	EPS without NRI (A: Feb. 2026 )
	=	66	/	201.569
	=	0.33

HEIWADO Co's Dividend Payout Ratio for the quarter that ended in Feb. 2026 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Feb. 2026 )	/	EPS without NRI (Q: Feb. 2026 )
	=	33	/	84.734
	=	0.39

Frequently Asked Questions Learn more about Dividend Payout Ratio →

What does a Dividend Payout Ratio of 0.39 mean?

HEIWADO Co (TSE:8276) has a Dividend Payout Ratio of 0.39 as of Feb. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on HEIWADO Co and its competitors. This is 77% above median its historical median of 0.22. Over the past decade, HEIWADO Co's Dividend Payout Ratio has ranged from 0.17 to 0.36. According to the industry distribution chart, HEIWADO Co ranks #215 out of 507 companies in the Retail - Cyclical industry, placing it in the top 42.4%.

Is HEIWADO Co's Dividend Payout Ratio too high?

HEIWADO Co's current Dividend Payout Ratio of 0.39 is 77% above median its 10-year median of 0.22. Over the past 10 years, this metric has ranged from a low of 0.17 to a high of 0.36. The Retail - Cyclical industry median Dividend Payout Ratio is 0.41. HEIWADO Co's value of 0.39 is 4.9% below this industry median. Based on the distribution chart, HEIWADO Co ranks #215 out of 507 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, HEIWADO Co has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.

How does HEIWADO Co's Dividend Payout Ratio compare to DDS?

According to the Retail - Cyclical industry distribution chart, HEIWADO Co ranks #215 out of 507 companies for Dividend Payout Ratio. This puts HEIWADO Co in the upper half of its industry. The industry median Dividend Payout Ratio is 0.41. HEIWADO Co's value of 0.39 is 4.9% below this benchmark. Historically, HEIWADO Co's own Dividend Payout Ratio has ranged from 0.17 to 0.36 over the past decade. While the company's 10-year median is 0.22 vs. the industry median of 0.41, HEIWADO Co has consistently been below 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 Retail - Cyclical company?

The median Dividend Payout Ratio among Retail - Cyclical companies is 0.41, based on 507 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. HEIWADO Co's current Dividend Payout Ratio of 0.39 is 4.9% below 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 HEIWADO Co and its competitors. For the Retail - Cyclical 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. HEIWADO Co's current Dividend Payout Ratio is 0.39, which is 77% above median its own 10-year median of 0.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is HEIWADO Co stock overvalued right now?

Based on GuruFocus' analysis, HEIWADO Co (TSE:8276) is currently considered Fairly Valued. The stock's GF Value™ is 円2,758.86, compared to a current price of 円2,558.00 — trading 7.3% below its estimated fair value. The current Dividend Payout Ratio is 0.39, which is 77% above median its 10-year median of 0.22 and 4.9% below the Retail - Cyclical industry median of 0.41. HEIWADO Co's overall GF Score™ is 79/100 with 2 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 HEIWADO Co (TSE:8276), the current Dividend Payout Ratio is 0.39 as of Feb. 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 HEIWADO Co (TSE:8276) Overvalued in 2026?

Based on GuruFocus' analysis, HEIWADO Co stock appears to be undervalued. The current stock price of 円2,558.00 is trading 7.3% below its estimated GF Value™ of 円2,758.86. GuruFocus considers HEIWADO Co to be Fairly Valued.

Key valuation signals for TSE:8276:

Dividend Payout Ratio: 0.39 (77% above median its 10-year median of 0.22)
GF Value™: 円2,758.86 vs. price of 円2,558.00 (7.3% below fair value)
GF Score™: 79/100 with 2 warning signs
Industry Position: 4.9% below the Retail - Cyclical median (#215 of 507)

No single metric tells the full story. See the TSE:8276 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

HEIWADO Co Business Description

Industry Consumer Cyclical Retail - Cyclical

Comparable Companies TSE:3612 TSE:7512 TSE:2653 TSE:8237 TSE:2733 TSE:3222 TSE:8278 TSE:8244 TSE:9948 TSE:2659 TSE:8267 XSGO:FALABELLA PHS:SM TSE:7453 LSE:MKS JSE:SHP DDS TSE:3099 MEX:LIVEPOL1 XKLS:5326

Address 31, Koizumi-cho, Hikone-shi, Shiga-ken, JPN, 522-8511

Website https://www.heiwado.jp

HEIWADO Co Ltd is a Japan-based company that is mainly engaged in the retail business. The company's stores offer a broad range of merchandise, including foods, apparel, housing-related goods, etc. The company also operates restaurant businesses, sales of books, CDs and DVDs, rental shops of CDs and DVDs, and others. The majority of the company's stores are located in Japan, with around half of them being located in the Shiga Prefecture, and the rest in other areas of Japan. The company also operates several department stores in Hunan province, China.

79GF Score

Get the complete analysis for TSE:8276

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

円2,558.00

Price

円2,758.86

GF Value

View TSE:8276 Analysis

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