The Tottori Bank (TSE:8383) Dividend Payout Ratio: 0.28 (As of Mar. 2026) — 36% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
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.

TSE:8383 The Tottori Bank Ltd TSE:8383
65 GF Score
Price 円1,595.00
GF Value 円1,496.88
Valuation Fairly Valued
! 1 Warning Sign
View Full Analysis

What is The Tottori Bank Dividend Payout Ratio?

The Tottori Bank TSE:8383 -3.57% 65 Dividend Payout Ratio is 0.28 as of Mar. 2026, which is 36% below its 10-year median of 0.44. GuruFocus rates TSE:8383 with a GF Score™ of 65/100 and a GF Value™ of 円1,496.88 (Fairly Valued). The stock has 1 warning sign investors should review. Among 1,175 Banks companies, The Tottori Bank ranks better than 57.79% 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. The Tottori Bank's Dividend Payout Ratio for the months ended in Mar. 2026 was 0.28.

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

TSE:8383' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.29   Med: 0.44   Max: 1.41
Current: 0.29


During the past 13 years, the highest Dividend Payout Ratio of The Tottori Bank was 1.41. The lowest was 0.29. And the median was 0.44.

TSE:8383's Dividend Payout Ratio is ranked better than
57.79% of 1175 companies
in the Banks industry
Industry Median: 0.32 vs TSE:8383: 0.29

As of today (2026-07-18), the Dividend Yield % of The Tottori Bank is 3.13%.

During the past 13 years, the highest Trailing Annual Dividend Yield of The Tottori Bank was 5.91%. The lowest was 2.51%. And the median was 3.97%.

The Tottori Bank's Dividends per Share for the months ended in Mar. 2026 was 円25.00.

During the past 10 years, the average Dividends Per Share Growth Rate was -2.30% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of The Tottori Bank was 6.30% per year. The lowest was -5.90% 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.


The Tottori Bank (TSE:8383) 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.


The Tottori Bank Dividend Payout Ratio Related Terms


The Tottori Bank Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for The Tottori Bank'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.

The Tottori Bank Dividend Payout Ratio Chart

The Tottori Bank 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 1.41 0.44 0.43 0.36 0.29

The Tottori Bank 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 0.77 0.33 0.40 0.30 0.28

The Tottori Bank Dividend Payout Ratio Competitor Comparison

For the Banks - Regional subindustry, The Tottori Bank'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.


The Tottori Bank Dividend Payout Ratio vs Banks Industry

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

* The bar in red indicates where The Tottori Bank's Dividend Payout Ratio falls into.


TSE:8383
65GF Score
The Tottori Bank Ltd TSE:8383
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

The Tottori Bank 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.

The Tottori Bank'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 )
=50/ 173.135
=0.29

The Tottori Bank'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 )
=25/ 88.958
=0.28

* 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 0.28 mean?
The Tottori Bank (TSE:8383) has a Dividend Payout Ratio of 0.28 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on The Tottori Bank and its competitors. This is 36% below median its historical median of 0.44. Over the past decade, The Tottori Bank's Dividend Payout Ratio has ranged from 0.29 to 1.41. According to the industry distribution chart, The Tottori Bank ranks #496 out of 1175 companies in the Banks industry, placing it in the top 42.2%.
Is The Tottori Bank's Dividend Payout Ratio too high?
The Tottori Bank's current Dividend Payout Ratio of 0.28 is 36% below median its 10-year median of 0.44. Over the past 10 years, this metric has ranged from a low of 0.29 to a high of 1.41. The Banks industry median Dividend Payout Ratio is 0.32. The Tottori Bank's value of 0.28 is 12.5% below this industry median. Based on the distribution chart, The Tottori Bank ranks #496 out of 1175 companies in the Banks industry, which is above the industry midpoint. Overall, The Tottori Bank has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does The Tottori Bank's Dividend Payout Ratio compare to competitors?
According to the Banks industry distribution chart, The Tottori Bank ranks #496 out of 1175 companies for Dividend Payout Ratio. This puts The Tottori Bank in the upper half of its industry. The industry median Dividend Payout Ratio is 0.32. The Tottori Bank's value of 0.28 is 12.5% below this benchmark. Historically, The Tottori Bank's own Dividend Payout Ratio has ranged from 0.29 to 1.41 over the past decade. While the company's 10-year median is 0.44 vs. the industry median of 0.32, The Tottori Bank 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 Banks company?
The median Dividend Payout Ratio among Banks companies is 0.32, based on 1,175 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. The Tottori Bank's current Dividend Payout Ratio of 0.28 is 12.5% 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 The Tottori Bank 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. The Tottori Bank's current Dividend Payout Ratio is 0.28, which is 36% below median its own 10-year median of 0.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Tottori Bank stock overvalued right now?
Based on GuruFocus' analysis, The Tottori Bank (TSE:8383) is currently considered Fairly Valued. The stock's GF Value™ is 円1,496.88, compared to a current price of 円1,595.00 — trading 6.6% above its estimated fair value. The current Dividend Payout Ratio is 0.28, which is 36% below median its 10-year median of 0.44 and 12.5% below the Banks industry median of 0.32. The Tottori Bank's overall GF Score™ is 65/100 with 1 warning sign 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 The Tottori Bank (TSE:8383), the current Dividend Payout Ratio is 0.28 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 The Tottori Bank (TSE:8383) Overvalued in 2026?

Based on GuruFocus' analysis, The Tottori Bank stock appears to be overvalued. The current stock price of 円1,595.00 is trading 6.6% above its estimated GF Value™ of 円1,496.88. GuruFocus considers The Tottori Bank to be Fairly Valued.

Key valuation signals for TSE:8383:

  • Dividend Payout Ratio: 0.28 (36% below median its 10-year median of 0.44)
  • GF Value™: 円1,496.88 vs. price of 円1,595.00 (6.6% above fair value)
  • GF Score™: 65/100 with 1 warning sign
  • Industry Position: 12.5% below the Banks median (#496 of 1175)

No single metric tells the full story. See the TSE:8383 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


The Tottori Bank Business Description

Address 171 Eiraku-Onsencho, Tottori, JPN, 680-8686
The Tottori Bank Ltd is a Japan-based bank mainly engaged in the banking business. The bank offers the general account, and ordinary, savings, funded time, periodical, property and tax reserve deposit, foreign currency accounts. In addition, it also advances card, and business loans, as well as loan-related services. Further, it also provides automated teller machine special interest time deposit, foreign exchange services, individual annuity, medical, life, periodic, cancer, and revenue protection insurance services.
65GF Score

Get the complete analysis for TSE:8383

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

円1,595.00
Price
円1,496.88
GF Value