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Skymark AirlinesTSE:9204 -0.24%59 Dividend Payout Ratio is 2.66 as of Mar. 2026, which is 2560% above its 10-year median of 0.10. GuruFocus rates TSE:9204 with a GF Score™ of 59/100 and a GF Value™ of 円669.56 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 563 Transportation companies, Skymark Airlines ranks better than 63.41% 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. Skymark Airlines's Dividend Payout Ratio for the
months ended in Mar. 2026 was 2.66.
The historical rank and industry rank for Skymark Airlines's Dividend Payout Ratio or its related term are showing as below:
TSE:9204'
s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.04 Med: 0.1 Max: 0.6
Current: 0.34
During the past 13 years, the highest Dividend Payout Ratio of Skymark Airlines was 0.60. The lowest was 0.04. And the median was 0.10.
TSE:9204's Dividend Payout Ratio is ranked better than 63.41% of 563
companies
in the Transportation industry
Industry Median: 0.45
vs TSE:9204: 0.34
During the past 12 months, Skymark Airlines's average Dividends Per Share Growth Rate was 133.30% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 11.90% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Skymark Airlines was 11.90% per year. The lowest was 11.90% per year. And the median was 11.90% 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.
Skymark Airlines (TSE:9204) 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.
Skymark Airlines Dividend Payout Ratio Related Terms
Skymark Airlines Dividend Payout Ratio Historical Data
* Premium members only.
The historical data trend for Skymark Airlines'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.
TSE:9204 vs JOBY: Dividend Payout Ratio Comparison
For the Airports & Air Services subindustry, Skymark Airlines'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.
Skymark Airlines Dividend Payout Ratio vs Transportation Industry
For the Transportation industry and Industrials sector, Skymark Airlines's Dividend Payout Ratio distribution charts can be found below:
* The bar in red indicates where Skymark Airlines's Dividend Payout Ratio falls into.
Skymark Airlines 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.
Skymark Airlines'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.
Skymark Airlines (TSE:9204) has a Dividend Payout Ratio of 2.66 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Skymark Airlines and its competitors. This is 2560% above median its historical median of 0.10. Over the past decade, Skymark Airlines' Dividend Payout Ratio has ranged from 0.04 to 0.60. According to the industry distribution chart, Skymark Airlines ranks #206 out of 563 companies in the Transportation industry, placing it in the top 36.6%.
Is Skymark Airlines' Dividend Payout Ratio too high?
Skymark Airlines' current Dividend Payout Ratio of 2.66 is 2560% above median its 10-year median of 0.10. Over the past 10 years, this metric has ranged from a low of 0.04 to a high of 0.60. The Transportation industry median Dividend Payout Ratio is 0.45. Skymark Airlines' value of 2.66 is 491.1% above this industry median. Based on the distribution chart, Skymark Airlines ranks #206 out of 563 companies in the Transportation industry, which is above the industry midpoint. Overall, Skymark Airlines has a GF Score™ of 59/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Skymark Airlines' Dividend Payout Ratio compare to JOBY?
According to the Transportation industry distribution chart, Skymark Airlines ranks #206 out of 563 companies for Dividend Payout Ratio. This puts Skymark Airlines in the upper half of its industry. The industry median Dividend Payout Ratio is 0.45. Skymark Airlines' value of 2.66 is 491.1% above this benchmark. Historically, Skymark Airlines' own Dividend Payout Ratio has ranged from 0.04 to 0.60 over the past decade. While the company's 10-year median is 0.10 vs. the industry median of 0.45, Skymark Airlines 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 563 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. Skymark Airlines's current Dividend Payout Ratio of 2.66 is 491.1% 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 Skymark Airlines 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. Skymark Airlines's current Dividend Payout Ratio is 2.66, which is 2560% above median its own 10-year median of 0.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Skymark Airlines stock overvalued right now?
Based on GuruFocus' analysis, Skymark Airlines (TSE:9204) is currently considered Possible Value Trap. The stock's GF Value™ is 円669.56, compared to a current price of 円415.00 — trading 38% below its estimated fair value. The current Dividend Payout Ratio is 2.66, which is 2560% above median its 10-year median of 0.10 and 491.1% above the Transportation industry median of 0.45. Skymark Airlines' overall GF Score™ is 59/100 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 Skymark Airlines (TSE:9204), the current Dividend Payout Ratio is 2.66 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 Skymark Airlines (TSE:9204) Overvalued in 2026?
Based on GuruFocus' analysis, Skymark Airlines stock appears to be undervalued.
The current stock price of 円415.00 is trading 38% below its estimated GF Value™ of 円669.56.
GuruFocus considers Skymark Airlines to be Possible Value Trap.
Key valuation signals for TSE:9204:
Dividend Payout Ratio: 2.66 (2560% above median its 10-year median of 0.10)
GF Value™: 円669.56 vs. price of 円415.00 (38% below fair value)
Industry Position: 491.1% above the Transportation median (#206 of 563)
No single metric tells the full story. See the TSE:9204 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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