Hokuhoku Financial Group (TSE:8377) Dividend Payout Ratio: 0.54 (As of Mar. 2026) — 125% Above Median

Author:

Vera Yuan

Director of Data and Quant Analytics at GuruFocus

Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.

View Profile →

Reviewed by:

Charlie Tian

Founder & CEO of GuruFocus

Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

View Profile →

Hokuhoku Financial Group Inc TSE:8377

50 GF Score

Price 円7,407.00

GF Value 円3,352.21

Valuation Significantly Overvalued

5 Warning Signs

View Full Analysis

What is Hokuhoku Financial Group Dividend Payout Ratio?

Hokuhoku Financial Group TSE:8377 +6.33% 50 Dividend Payout Ratio is 0.54 as of Mar. 2026, which is 125% above its 10-year median of 0.24. GuruFocus rates TSE:8377 with a GF Score™ of 50/100 and a GF Value™ of 円3,352.21 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,171 Banks companies, Hokuhoku Financial Group ranks better than 72.93% 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. Hokuhoku Financial Group's Dividend Payout Ratio for the months ended in Mar. 2026 was 0.54.

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

TSE:8377' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.17 Med: 0.24 Max: 0.29
Current: 0.23

During the past 13 years, the highest Dividend Payout Ratio of Hokuhoku Financial Group was 0.29. The lowest was 0.17. And the median was 0.24.

TSE:8377's Dividend Payout Ratio is ranked better than
72.93% of 1171 companies
in the Banks industry
Industry Median: 0.32 vs TSE:8377: 0.23

As of today (2026-07-21), the Dividend Yield % of Hokuhoku Financial Group is 1.58%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Hokuhoku Financial Group was 6.11%. The lowest was 1.16%. And the median was 3.20%.

Hokuhoku Financial Group's Dividends per Share for the months ended in Mar. 2026 was 円65.00.

During the past 12 months, Hokuhoku Financial Group's average Dividends Per Share Growth Rate was 120.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 43.80% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 21.70% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 4.20% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Hokuhoku Financial Group was 43.80% per year. The lowest was -7.30% per year. And the median was 4.30% 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.

Hokuhoku Financial Group (TSE:8377) 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.

Hokuhoku Financial Group Dividend Payout Ratio Related Terms

Hokuhoku Financial Group Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Hokuhoku Financial Group'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.

Hokuhoku Financial Group Dividend Payout Ratio Chart

Hokuhoku Financial Group Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Mar25

Mar26

Dividend Payout Ratio

Get a 7-Day Free Trial

0.26

0.23

0.25

0.17

0.23

Hokuhoku Financial Group 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															0.43	0.00	0.34	0.00	0.54

Hokuhoku Financial Group Dividend Payout Ratio Competitor Comparison

For the Banks - Regional subindustry, Hokuhoku Financial Group'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.

Hokuhoku Financial Group Dividend Payout Ratio vs Banks Industry

For the Banks industry and Financial Services sector, Hokuhoku Financial Group's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Hokuhoku Financial Group's Dividend Payout Ratio falls into.

Save Embed

50GF Score

Hokuhoku Financial Group Inc TSE:8377

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

View Full Analysis

Hokuhoku Financial Group Dividend Payout Ratio Calculation

Hokuhoku Financial Group'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 )
	=	110	/	488.144
	=	0.23

Hokuhoku Financial Group'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 )
	=	65	/	119.524
	=	0.54

Frequently Asked Questions Learn more about Dividend Payout Ratio →

What does a Dividend Payout Ratio of 0.54 mean?

Hokuhoku Financial Group (TSE:8377) has a Dividend Payout Ratio of 0.54 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Hokuhoku Financial Group and its competitors. This is 125% above median its historical median of 0.24. Over the past decade, Hokuhoku Financial Group's Dividend Payout Ratio has ranged from 0.17 to 0.29. According to the industry distribution chart, Hokuhoku Financial Group ranks #317 out of 1171 companies in the Banks industry, placing it in the top 27.1%.

Is Hokuhoku Financial Group's Dividend Payout Ratio too high?

Hokuhoku Financial Group's current Dividend Payout Ratio of 0.54 is 125% above median its 10-year median of 0.24. Over the past 10 years, this metric has ranged from a low of 0.17 to a high of 0.29. The Banks industry median Dividend Payout Ratio is 0.32. Hokuhoku Financial Group's value of 0.54 is 68.8% above this industry median. Based on the distribution chart, Hokuhoku Financial Group ranks #317 out of 1171 companies in the Banks industry, which is above the industry midpoint. Overall, Hokuhoku Financial Group has a GF Score™ of 50/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.

How does Hokuhoku Financial Group's Dividend Payout Ratio compare to competitors?

According to the Banks industry distribution chart, Hokuhoku Financial Group ranks #317 out of 1171 companies for Dividend Payout Ratio. This puts Hokuhoku Financial Group in the upper half of its industry. The industry median Dividend Payout Ratio is 0.32. Hokuhoku Financial Group's value of 0.54 is 68.8% above this benchmark. Historically, Hokuhoku Financial Group's own Dividend Payout Ratio has ranged from 0.17 to 0.29 over the past decade. While the company's 10-year median is 0.24 vs. the industry median of 0.32, Hokuhoku Financial Group 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 Banks company?

The median Dividend Payout Ratio among Banks companies is 0.32, based on 1,171 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. Hokuhoku Financial Group's current Dividend Payout Ratio of 0.54 is 68.8% 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 Hokuhoku Financial Group and its competitors. For the Banks industry, the median Dividend Payout Ratio is 0.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hokuhoku Financial Group's current Dividend Payout Ratio is 0.54, which is 125% above median its own 10-year median of 0.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Hokuhoku Financial Group stock overvalued right now?

Based on GuruFocus' analysis, Hokuhoku Financial Group (TSE:8377) is currently considered Significantly Overvalued. The stock's GF Value™ is 円3,352.21, compared to a current price of 円7,407.00 — trading 121% above its estimated fair value. The current Dividend Payout Ratio is 0.54, which is 125% above median its 10-year median of 0.24 and 68.8% above the Banks industry median of 0.32. Hokuhoku Financial Group's overall GF Score™ is 50/100 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 Hokuhoku Financial Group (TSE:8377), the current Dividend Payout Ratio is 0.54 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 Hokuhoku Financial Group (TSE:8377) Overvalued in 2026?

Based on GuruFocus' analysis, Hokuhoku Financial Group stock appears to be overvalued. The current stock price of 円7,407.00 is trading 121% above its estimated GF Value™ of 円3,352.21. GuruFocus considers Hokuhoku Financial Group to be Significantly Overvalued.

Key valuation signals for TSE:8377:

Dividend Payout Ratio: 0.54 (125% above median its 10-year median of 0.24)
GF Value™: 円3,352.21 vs. price of 円7,407.00 (121% above fair value)
GF Score™: 50/100 with 5 warning signs
Industry Position: 68.8% above the Banks median (#317 of 1171)

No single metric tells the full story. See the TSE:8377 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Hokuhoku Financial Group Business Description

Industry Financial Services Banks

Comparable Companies TSE:8341 TSE:5838 TSE:8334 TSE:5830 TSE:7337 TSE:7180 TSE:8418 TSE:7189 TSE:7327 TSE:8366 SGX:D05 SHSE:600036 MIL:UCG XPAR:BNP NSE:HDFCBANK MIL:ISP TSE:8411 SAU:1120 NSE:ICICIBANK NSE:SBIN

Address 1-2-26 Tsutsumichodori, Toyama Prefecture, Toyama, JPN, 930-8637

Website https://www.hokuhoku-fg.co.jp

Hokuhoku Financial Group Inc is a Japan-based company that is principally engaged in banking and the provision of other financial services. The company was established through the integration of Hokuriku Bank and Hokkaido Bank. The company operates mainly through the branch networks of Hokuriku Bank and Hokkaido Bank in certain areas of Japan. Its business is concentrated in Japan, with the majority of revenue generated from the domestic market. The company also has a business presence in overseas cities such as Shanghai, Shenyang, Dalian, Bangkok, Singapore, London, and New York.

50GF Score

Get the complete analysis for TSE:8377

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

円7,407.00

Price

円3,352.21

GF Value

View TSE:8377 Analysis

See Dividend Payout Ratio data for all stocks →