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Meiji Shipping Group CoTSE:9115 +0.97%74 Dividend Payout Ratio is 0.96 as of Mar. 2026, which is 1100% above its 10-year median of 0.08. GuruFocus rates TSE:9115 with a GF Score™ of 74/100 and a GF Value™ of 円666.32 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 564 Transportation companies, Meiji Shipping Group Co ranks better than 98.94% 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. Meiji Shipping Group Co's Dividend Payout Ratio for the
months ended in Mar. 2026 was 0.96.
The historical rank and industry rank for Meiji Shipping Group Co's Dividend Payout Ratio or its related term are showing as below:
TSE:9115'
s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.03 Med: 0.08 Max: 0.32
Current: 0.04
During the past 13 years, the highest Dividend Payout Ratio of Meiji Shipping Group Co was 0.32. The lowest was 0.03. And the median was 0.08.
TSE:9115's Dividend Payout Ratio is ranked better than 98.94% of 564
companies
in the Transportation industry
Industry Median: 0.45
vs TSE:9115: 0.04
During the past 13 years, the highest Trailing Annual Dividend Yield of Meiji Shipping Group Co was 1.92%. The lowest was 0.33%. And the median was 0.97%.
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.
Meiji Shipping Group Co (TSE:9115) 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.
Meiji Shipping Group Co Dividend Payout Ratio Related Terms
Meiji Shipping Group Co Dividend Payout Ratio Historical Data
* Premium members only.
The historical data trend for Meiji Shipping Group 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.
Meiji Shipping Group Co Dividend Payout Ratio Chart
TSE:9115 vs UPS, FDX, JBHT: Dividend Payout Ratio Comparison
For the Integrated Freight & Logistics subindustry, Meiji Shipping Group 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.
Meiji Shipping Group Co Dividend Payout Ratio vs Transportation Industry
For the Transportation industry and Industrials sector, Meiji Shipping Group Co's Dividend Payout Ratio distribution charts can be found below:
* The bar in red indicates where Meiji Shipping Group Co's Dividend Payout Ratio falls into.
Meiji Shipping Group 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.
Meiji Shipping Group Co's Dividend Payout Ratio for the fiscal year that ended in Mar. 2026 is calculated as
* 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.
Meiji Shipping Group Co (TSE:9115) has a Dividend Payout Ratio of 0.96 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Meiji Shipping Group Co and its competitors. This is 1100% above median its historical median of 0.08. Over the past decade, Meiji Shipping Group Co's Dividend Payout Ratio has ranged from 0.03 to 0.32. According to the industry distribution chart, Meiji Shipping Group Co ranks #6 out of 564 companies in the Transportation industry, placing it in the top 1.1%.
Is Meiji Shipping Group Co's Dividend Payout Ratio too high?
Meiji Shipping Group Co's current Dividend Payout Ratio of 0.96 is 1100% above median its 10-year median of 0.08. Over the past 10 years, this metric has ranged from a low of 0.03 to a high of 0.32. The Transportation industry median Dividend Payout Ratio is 0.45. Meiji Shipping Group Co's value of 0.96 is 113.3% above this industry median. Based on the distribution chart, Meiji Shipping Group Co ranks #6 out of 564 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Meiji Shipping Group Co has a GF Score™ of 74/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Meiji Shipping Group Co's Dividend Payout Ratio compare to UPS and FDX?
According to the Transportation industry distribution chart, Meiji Shipping Group Co ranks #6 out of 564 companies for Dividend Payout Ratio. This places Meiji Shipping Group Co in the top 1% of its industry — outperforming the majority of peers. The industry median Dividend Payout Ratio is 0.45. Meiji Shipping Group Co's value of 0.96 is 113.3% above this benchmark. Historically, Meiji Shipping Group Co's own Dividend Payout Ratio has ranged from 0.03 to 0.32 over the past decade. While the company's 10-year median is 0.08 vs. the industry median of 0.45, Meiji Shipping Group 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 Transportation company?
The median Dividend Payout Ratio among Transportation companies is 0.45, based on 564 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. Meiji Shipping Group Co's current Dividend Payout Ratio of 0.96 is 113.3% 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 Meiji Shipping Group Co and its competitors. For the Transportation industry, the median Dividend Payout Ratio is 0.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Meiji Shipping Group Co's current Dividend Payout Ratio is 0.96, which is 1100% above median its own 10-year median of 0.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Meiji Shipping Group Co stock overvalued right now?
Based on GuruFocus' analysis, Meiji Shipping Group Co (TSE:9115) is currently considered Modestly Overvalued. The stock's GF Value™ is 円666.32, compared to a current price of 円829.00 — trading 24.4% above its estimated fair value. The current Dividend Payout Ratio is 0.96, which is 1100% above median its 10-year median of 0.08 and 113.3% above the Transportation industry median of 0.45. Meiji Shipping Group Co's overall GF Score™ is 74/100 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 Meiji Shipping Group Co (TSE:9115), the current Dividend Payout Ratio is 0.96 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 Meiji Shipping Group Co (TSE:9115) Overvalued in 2026?
Based on GuruFocus' analysis, Meiji Shipping Group Co stock appears to be overvalued.
The current stock price of 円829.00 is trading 24.4% above its estimated GF Value™ of 円666.32.
GuruFocus considers Meiji Shipping Group Co to be Modestly Overvalued.
Key valuation signals for TSE:9115:
Dividend Payout Ratio: 0.96 (1100% above median its 10-year median of 0.08)
GF Value™: 円666.32 vs. price of 円829.00 (24.4% above fair value)
Industry Position: 113.3% above the Transportation median (#6 of 564)
No single metric tells the full story. See the TSE:9115 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Meiji Shipping Group Co Ltd is engaged in maritime business, shipping business, hotel business, and other business. The company owns tankers, bulk carrier, container carrier, and wood chip carrier.
74GF Score
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