Toyo Securities Co (TSE:8614) Dividend Payout Ratio: 2.11 (As of Mar. 2026) — 171% Above Median


TSE:8614 Toyo Securities Co Ltd TSE:8614
65 GF Score
Price 円639.00
GF Value 円663.01
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Toyo Securities Co Dividend Payout Ratio?

Toyo Securities Co TSE:8614 65 Dividend Payout Ratio is 2.11 as of Mar. 2026, which is 171% above its 10-year median of 0.78. GuruFocus rates TSE:8614 with a GF Score™ of 65/100 and a GF Value™ of 円663.01 (Fairly Valued). The stock has 3 warning signs investors should review. Among 328 Capital Markets companies, Toyo Securities Co ranks worse than 85.37% 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. Toyo Securities Co's Dividend Payout Ratio for the months ended in Mar. 2026 was 2.11.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Toyo Securities Co Ltd is 0.78, which seems too high.

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

TSE:8614' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.43   Med: 0.78   Max: 2.53
Current: 0.78

During the past 13 years, the highest Dividend Payout Ratio of Toyo Securities Co was 2.53. The lowest was 0.43. And the median was 0.78.

TSE:8614's Dividend Payout Ratio is ranked worse than
85.37% of 328 companies
in the Capital Markets industry
Industry Median: 0.34 vs TSE:8614: 0.78

As of today (2026-07-09), the Dividend Yield % of Toyo Securities Co is 4.69%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Toyo Securities Co was 7.04%. The lowest was 0.47%. And the median was 2.73%.

Toyo Securities Co's Dividends per Share for the months ended in Mar. 2026 was 円30.00.

During the past 3 years, the average Dividends Per Share Growth Rate was 146.60% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 51.30% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 12.50% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Toyo Securities Co was 146.60% per year. The lowest was -33.10% 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.

Toyo Securities Co (TSE:8614) 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.

Toyo Securities Co Dividend Payout Ratio Related Terms

Toyo Securities Co Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Toyo Securities 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.

Toyo Securities Co Dividend Payout Ratio Chart

Toyo Securities 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 1.15 0.00 0.64 2.53 0.78

Toyo Securities Co 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 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 11.61 0.00 0.00 0.00 2.11

TSE:8614 vs MS, GS, SCHW: Dividend Payout Ratio Comparison

For the Capital Markets subindustry, Toyo Securities 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.

Toyo Securities Co Dividend Payout Ratio vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Toyo Securities Co's Dividend Payout Ratio distribution charts can be found below:

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


TSE:8614
65GF Score
Toyo Securities Co Ltd TSE:8614
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Toyo Securities 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.

Toyo Securities 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 )
=30/ 38.382
=0.78

Toyo Securities 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 )
=30/ 14.215
=2.11

* 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 2.11 mean?
Toyo Securities Co (TSE:8614) has a Dividend Payout Ratio of 2.11 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Toyo Securities Co and its competitors. This is 171% above median its historical median of 0.78. Over the past decade, Toyo Securities Co's Dividend Payout Ratio has ranged from 0.43 to 2.53. According to the industry distribution chart, Toyo Securities Co ranks #280 out of 328 companies in the Capital Markets industry, placing it in the top 85.4%.
Is Toyo Securities Co's Dividend Payout Ratio too high?
Toyo Securities Co's current Dividend Payout Ratio of 2.11 is 171% above median its 10-year median of 0.78. Over the past 10 years, this metric has ranged from a low of 0.43 to a high of 2.53. The Capital Markets industry median Dividend Payout Ratio is 0.34. Toyo Securities Co's value of 2.11 is 520.6% above this industry median. Based on the distribution chart, Toyo Securities Co ranks #280 out of 328 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, Toyo Securities Co has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Toyo Securities Co's Dividend Payout Ratio compare to MS and GS?
According to the Capital Markets industry distribution chart, Toyo Securities Co ranks #280 out of 328 companies for Dividend Payout Ratio. This places Toyo Securities Co in the lower half of its industry. The industry median Dividend Payout Ratio is 0.34. Toyo Securities Co's value of 2.11 is 520.6% above this benchmark. Historically, Toyo Securities Co's own Dividend Payout Ratio has ranged from 0.43 to 2.53 over the past decade. While the company's 10-year median is 0.78 vs. the industry median of 0.34, Toyo Securities 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 Capital Markets company?
The median Dividend Payout Ratio among Capital Markets companies is 0.34, based on 328 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. Toyo Securities Co's current Dividend Payout Ratio of 2.11 is 520.6% 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 Toyo Securities Co and its competitors. For the Capital Markets industry, the median Dividend Payout Ratio is 0.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Toyo Securities Co's current Dividend Payout Ratio is 2.11, which is 171% above median its own 10-year median of 0.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Toyo Securities Co stock overvalued right now?
Based on GuruFocus' analysis, Toyo Securities Co (TSE:8614) is currently considered Fairly Valued. The stock's GF Value™ is 円663.01, compared to a current price of 円639.00 — trading 3.6% below its estimated fair value. The current Dividend Payout Ratio is 2.11, which is 171% above median its 10-year median of 0.78 and 520.6% above the Capital Markets industry median of 0.34. Toyo Securities Co's overall GF Score™ is 65/100 with 3 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 Toyo Securities Co (TSE:8614), the current Dividend Payout Ratio is 2.11 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 Toyo Securities Co (TSE:8614) Overvalued in 2026?

Based on GuruFocus' analysis, Toyo Securities Co stock appears to be undervalued. The current stock price of 円639.00 is trading 3.6% below its estimated GF Value™ of 円663.01. GuruFocus considers Toyo Securities Co to be Fairly Valued.

Key valuation signals for TSE:8614:

  • Dividend Payout Ratio: 2.11 (171% above median its 10-year median of 0.78)
  • GF Value™: 円663.01 vs. price of 円639.00 (3.6% below fair value)
  • GF Score™: 65/100 with 3 warning signs
  • Industry Position: 520.6% above the Capital Markets median (#280 of 328)

No single metric tells the full story. See the TSE:8614 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Toyo Securities Co Business Description

Address 7-1 Hacchobori 4-Chome, Chuo-Ku, Tokyo, JPN, 104-8678
Toyo Securities Co Ltd is a Japan-based company engaged in the securities business. The company provides the variety of financial services such as dealing, brokerage, underwriting, public offering and distribution of securities. In addition, it also offers asset management, advice and consultancy services, insurance products, as well as provision of internet and phone trading services.
65GF Score

Get the complete analysis for TSE:8614

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

円639.00
Price
円663.01
GF Value