YAMCF (Yamaha) Dividend Payout Ratio: 1.61 (As of Mar. 2026) — 403% Above Median

Yamaha YAMCF 80 Dividend Payout Ratio is 1.61 as of Mar. 2026, which is 403% above its 10-year median of 0.32. GuruFocus rates YAMCF with a GF Score™ of 80/100 and a GF Value™ of $8.51 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 347 Travel & Leisure companies, Yamaha ranks worse than 55.33% 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. Yamaha's Dividend Payout Ratio for the months ended in Mar. 2026 was 1.61.

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

YAMCF' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.2 Med: 0.32 Max: 0.92
Current: 0.49

During the past 13 years, the highest Dividend Payout Ratio of Yamaha was 0.92. The lowest was 0.20. And the median was 0.32.

YAMCF's Dividend Payout Ratio is ranked worse than
55.33% of 347 companies
in the Travel & Leisure industry
Industry Median: 0.43 vs YAMCF: 0.49

As of today (2026-06-25), the Dividend Yield % of Yamaha is 2.37%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Yamaha was 2.68%. The lowest was 0.89%. And the median was 1.31%.

Yamaha's Dividends per Share for the months ended in Mar. 2026 was $0.08.

During the past 12 months, Yamaha's average Dividends Per Share Growth Rate was 2.60% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 5.70% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 4.00% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 5.00% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Yamaha was 63.90% per year. The lowest was -37.00% per year. And the median was 10.50% 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.

Yamaha (OTCPK:YAMCF) 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.

Yamaha Dividend Payout Ratio Related Terms

Yamaha Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Yamaha'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.

Yamaha Dividend Payout Ratio Chart

Yamaha Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Mar25

Mar26

Dividend Payout Ratio

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0.31

0.30

0.42

0.92

0.49

Yamaha 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															0.00	0.00	0.80	0.00	1.61

YAMCF vs AS, HAS, LTH: Dividend Payout Ratio Comparison

For the Leisure subindustry, Yamaha'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.

Yamaha Dividend Payout Ratio vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Yamaha's Dividend Payout Ratio distribution charts can be found below:

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

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Yamaha Dividend Payout Ratio Calculation

Yamaha'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 )
	=	0.164	/	0.332
	=	0.49

Yamaha'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 )
	=	0.082	/	0.051
	=	1.61

Frequently Asked Questions Learn more about Dividend Payout Ratio →

What does a Dividend Payout Ratio of 1.61 mean?

Yamaha (YAMCF) has a Dividend Payout Ratio of 1.61 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Yamaha and its competitors. This is 403% above median its historical median of 0.32. Over the past decade, Yamaha's Dividend Payout Ratio has ranged from 0.20 to 0.92. According to the industry distribution chart, Yamaha ranks #192 out of 347 companies in the Travel & Leisure industry, placing it in the top 55.3%.

Is Yamaha's Dividend Payout Ratio too high?

Yamaha's current Dividend Payout Ratio of 1.61 is 403% above median its 10-year median of 0.32. Over the past 10 years, this metric has ranged from a low of 0.20 to a high of 0.92. The Travel & Leisure industry median Dividend Payout Ratio is 0.43. Yamaha's value of 1.61 is 274.4% above this industry median. Based on the distribution chart, Yamaha ranks #192 out of 347 companies in the Travel & Leisure industry, which is below the industry midpoint. Overall, Yamaha has a GF Score™ of 80/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.

How does Yamaha's Dividend Payout Ratio compare to AS and HAS?

According to the Travel & Leisure industry distribution chart, Yamaha ranks #192 out of 347 companies for Dividend Payout Ratio. This places Yamaha in the lower half of its industry. The industry median Dividend Payout Ratio is 0.43. Yamaha's value of 1.61 is 274.4% above this benchmark. Historically, Yamaha's own Dividend Payout Ratio has ranged from 0.20 to 0.92 over the past decade. While the company's 10-year median is 0.32 vs. the industry median of 0.43, Yamaha 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 Travel & Leisure company?

The median Dividend Payout Ratio among Travel & Leisure companies is 0.43, based on 347 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. Yamaha's current Dividend Payout Ratio of 1.61 is 274.4% 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 Yamaha and its competitors. For the Travel & Leisure industry, the median Dividend Payout Ratio is 0.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Yamaha's current Dividend Payout Ratio is 1.61, which is 403% above median its own 10-year median of 0.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Yamaha stock overvalued right now?

Based on GuruFocus' analysis, Yamaha (YAMCF) is currently considered Modestly Undervalued. The stock's GF Value™ is $8.51, compared to a current price of $6.97 — trading 18.2% below its estimated fair value. The current Dividend Payout Ratio is 1.61, which is 403% above median its 10-year median of 0.32 and 274.4% above the Travel & Leisure industry median of 0.43. Yamaha's overall GF Score™ is 80/100 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 Yamaha (YAMCF), the current Dividend Payout Ratio is 1.61 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 Yamaha (YAMCF) Overvalued in 2026?

Based on GuruFocus' analysis, Yamaha stock appears to be undervalued. The current stock price of $6.97 is trading 18.2% below its estimated GF Value™ of $8.51. GuruFocus considers Yamaha to be Modestly Undervalued.

Key valuation signals for YAMCF:

Dividend Payout Ratio: 1.61 (403% above median its 10-year median of 0.32)
GF Value™: $8.51 vs. price of $6.97 (18.2% below fair value)
GF Score™: 80/100 with 1 warning sign
Industry Position: 274.4% above the Travel & Leisure median (#192 of 347)

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

Yamaha Business Description

Industry Consumer Cyclical Travel & Leisure

Comparable Companies TSE:7731 TSE:7867 TSE:4680 TSE:7906 TSE:6412 TSE:7740 TSE:7458 TSE:7944 TSE:9166 TSE:2157 HKSE:09992 HKSE:02020 TSE:4661 AS TSE:7832 HAS TSE:7309 LSE:GAW LTH HKSE:02331

Other Exchanges YAMCY:USA 7951:Japan YHA:Germany

Address 10-1, Nakazawa-cho, Chuo-ku, Shizuoka, Hamamatsu, JPN, 430-8650

Website https://www.yamaha.com

Yamaha Corp is a Japanese manufacturer of musical instruments and audio equipment. The company operates through two business segments. The Musical Instruments segment is engaged in the manufacture and sale of pianos, electronic musical instruments, orchestral instruments, percussion instruments, and other related products. The Audio Equipment segment manufactures and sells audio equipment, professional audio systems, and information and communication equipment (ICT devices). The Company is also involved in components and equipment, including electronic devices, automotive interiors, and factory automation (FA) equipment, along with businesses in golf goods and resorts. It generates the majority of its revenue from the Musical instruments segment.

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$6.97

Price

$8.51

GF Value

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