Hokuriku Electric Power CoTSE:9505 -0.94%64 Dividend Payout Ratio is 0.94 as of Mar. 2026, which is 1075% above its 10-year median of 0.08. GuruFocus rates TSE:9505 with a GF Score™ of 64/100 and a GF Value™ of 円815.45 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 375 Utilities - Regulated companies, Hokuriku Electric Power Co ranks better than 97.33% 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. Hokuriku Electric Power Co's Dividend Payout Ratio for the
months ended in Mar. 2026 was 0.94.
The historical rank and industry rank for Hokuriku Electric Power Co's Dividend Payout Ratio or its related term are showing as below:
TSE:9505'
s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.02 Med: 0.08 Max: 0.33
Current: 0.08
During the past 13 years, the highest Dividend Payout Ratio of Hokuriku Electric Power Co was 0.33. The lowest was 0.02. And the median was 0.08.
TSE:9505's Dividend Payout Ratio is ranked better than 97.33% of 375
companies
in the Utilities - Regulated industry
Industry Median: 0.54
vs TSE:9505: 0.08
During the past 13 years, the highest Trailing Annual Dividend Yield of Hokuriku Electric Power Co was 4.60%. The lowest was 0.41%. And the median was 1.96%.
During the past 12 months, Hokuriku Electric Power Co's average Dividends Per Share Growth Rate was 25.00% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Hokuriku Electric Power Co was 26.00% per year. The lowest was -34.10% 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.
Hokuriku Electric Power Co (TSE:9505) 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.
Hokuriku Electric Power Co Dividend Payout Ratio Related Terms
Hokuriku Electric Power Co Dividend Payout Ratio Historical Data
* 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.
Hokuriku Electric Power Co Dividend Payout Ratio Chart
TSE:9505 vs NEE, SO, DUK: Dividend Payout Ratio Comparison
For the Utilities - Regulated Electric subindustry, Hokuriku Electric Power 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.
Hokuriku Electric Power Co Dividend Payout Ratio vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Hokuriku Electric Power Co's Dividend Payout Ratio distribution charts can be found below:
* The bar in red indicates where Hokuriku Electric Power Co's Dividend Payout Ratio falls into.
Hokuriku Electric Power 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.
Hokuriku Electric Power 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.
Hokuriku Electric Power Co (TSE:9505) has a Dividend Payout Ratio of 0.94 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Hokuriku Electric Power Co and its competitors. This is 1075% above median its historical median of 0.08. Over the past decade, Hokuriku Electric Power Co's Dividend Payout Ratio has ranged from 0.02 to 0.33. According to the industry distribution chart, Hokuriku Electric Power Co ranks #10 out of 375 companies in the Utilities - Regulated industry, placing it in the top 2.7%.
Is Hokuriku Electric Power Co's Dividend Payout Ratio too high?
Hokuriku Electric Power Co's current Dividend Payout Ratio of 0.94 is 1075% above median its 10-year median of 0.08. Over the past 10 years, this metric has ranged from a low of 0.02 to a high of 0.33. The Utilities - Regulated industry median Dividend Payout Ratio is 0.54. Hokuriku Electric Power Co's value of 0.94 is 74.1% above this industry median. Based on the distribution chart, Hokuriku Electric Power Co ranks #10 out of 375 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, Hokuriku Electric Power Co has a GF Score™ of 64/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hokuriku Electric Power Co's Dividend Payout Ratio compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Hokuriku Electric Power Co ranks #10 out of 375 companies for Dividend Payout Ratio. This places Hokuriku Electric Power Co in the top 3% of its industry — outperforming the majority of peers. The industry median Dividend Payout Ratio is 0.54. Hokuriku Electric Power Co's value of 0.94 is 74.1% above this benchmark. Historically, Hokuriku Electric Power Co's own Dividend Payout Ratio has ranged from 0.02 to 0.33 over the past decade. While the company's 10-year median is 0.08 vs. the industry median of 0.54, Hokuriku Electric Power 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 an Utilities - Regulated company?
The median Dividend Payout Ratio among Utilities - Regulated companies is 0.54, based on 375 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. Hokuriku Electric Power Co's current Dividend Payout Ratio of 0.94 is 74.1% 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 Hokuriku Electric Power Co and its competitors. For the Utilities - Regulated industry, the median Dividend Payout Ratio is 0.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hokuriku Electric Power Co's current Dividend Payout Ratio is 0.94, which is 1075% 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 Hokuriku Electric Power Co stock overvalued right now?
Based on GuruFocus' analysis, Hokuriku Electric Power Co (TSE:9505) is currently considered Modestly Overvalued. The stock's GF Value™ is 円815.45, compared to a current price of 円909.30 — trading 11.5% above its estimated fair value. The current Dividend Payout Ratio is 0.94, which is 1075% above median its 10-year median of 0.08 and 74.1% above the Utilities - Regulated industry median of 0.54. Hokuriku Electric Power Co's overall GF Score™ is 64/100 with 4 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 Hokuriku Electric Power Co (TSE:9505), the current Dividend Payout Ratio is 0.94 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 Hokuriku Electric Power Co (TSE:9505) Overvalued in 2026?
Based on GuruFocus' analysis, Hokuriku Electric Power Co stock appears to be overvalued.
The current stock price of 円909.30 is trading 11.5% above its estimated GF Value™ of 円815.45.
GuruFocus considers Hokuriku Electric Power Co to be Modestly Overvalued.
Key valuation signals for TSE:9505:
Dividend Payout Ratio: 0.94 (1075% above median its 10-year median of 0.08)
GF Value™: 円815.45 vs. price of 円909.30 (11.5% above fair value)
Industry Position: 74.1% above the Utilities - Regulated median (#10 of 375)
No single metric tells the full story. See the TSE:9505 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hokuriku Electric Power Co Inc is an electric utility company that functions as a regulated monopoly in the Hokuriku region of Japan's main island of Honshu. Hokuriku Electric supplies electricity through power generation, transmission, and distribution. To do this, the company operates a portfolio of hydroelectric, thermal, and nuclear power plants located throughout Japan's Hokuriku region. Most of the total energy produced by Hokuriku Electric comes from its thermal facilities that utilize coal fuel sources. The company primarily generates revenue through the sale of electric power to residential and large-scale industrial customers in the machinery, chemical, and textile sectors.
64GF Score
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