JOF (Japan Smaller Capitalization Fund) Dividend Yield %: 8.87% (As of Aug. 20, 2026) — 156% Above Median

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JOF Japan Smaller Capitalization Fund Inc JOF
36 GF Score
Price $12.17
! 2 Warning Signs
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What is Japan Smaller Capitalization Fund Dividend Yield %?

Japan Smaller Capitalization Fund JOF -1.70% 36 Dividend Yield % is 8.87% as of Aug. 20, 2026, which is 156% above its 10-year median of 3.47. GuruFocus rates JOF with a GF Scoreâ„¢ of 36/100. The stock has 2 warning signs investors should review. Among 1,110 Asset Management companies, Japan Smaller Capitalization Fund ranks better than 73.69% on this metric.

As of today (2026-08-20), the Trailing Annual Dividend Yield of Japan Smaller Capitalization Fund is 8.87%.

Good Sign:

Japan Smaller Capitalization Fund Inc stock Dividend Yield % is close to 3-year high.

The historical rank and industry rank for Japan Smaller Capitalization Fund's Dividend Yield % or its related term are showing as below:

JOF' s Dividend Yield % Range Over the Past 10 Years
Min: 0.58   Med: 3.47   Max: 10.69
Current: 8.87

During the past 9 years, the highest Dividend Yield of Japan Smaller Capitalization Fund was 10.69%. The lowest was 0.58%. And the median was 3.47%.

JOF's Dividend Yield % is ranked better than
73.69% of 1110 companies
in the Asset Management industry
Industry Median: 5.79 vs JOF: 8.87

Japan Smaller Capitalization Fund's Dividend Payout Ratio for the six months ended in Feb. 2026 was 0.22.

During the past 9 years, the highest Dividend Payout Ratio of Japan Smaller Capitalization Fund was 1.16. The lowest was 0.15. And the median was 0.16.

As of today (2026-08-20), the Forward Dividend Yield % of Japan Smaller Capitalization Fund is 9.43%.

Japan Smaller Capitalization Fund's Dividends per Share for the six months ended in Feb. 2026 was $0.53.

During the past 12 months, Japan Smaller Capitalization Fund's average Dividends Per Share Growth Rate was 155.80% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 158.90% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 12.00% per year.

During the past 9 years, the highest 3-Year average Dividends Per Share Growth Rate of Japan Smaller Capitalization Fund was 158.90% per year. The lowest was -44.60% per year. And the median was -11.40% 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.

Japan Smaller Capitalization Fund  (NYSE:JOF) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, 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.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.

Japan Smaller Capitalization Fund Dividend Yield % Related Terms

Japan Smaller Capitalization Fund Dividend Yield % Historical Data

* Premium members only.

The historical data trend for Japan Smaller Capitalization Fund's Dividend Yield % 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.

Japan Smaller Capitalization Fund Dividend Yield % Chart

Japan Smaller Capitalization Fund Annual Data
Trend Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only 7.94 0.68 3.40 3.94 5.74

Japan Smaller Capitalization Fund Semi-Annual Data
Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
Dividend Yield % 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 3.40 3.31 3.94 4.57 5.74

JOF vs RFMZ, BGT, PPT: Dividend Yield % Comparison

For the Asset Management subindustry, Japan Smaller Capitalization Fund's Dividend Yield %, along with its competitors' market caps and Dividend Yield % 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.

Japan Smaller Capitalization Fund Dividend Yield % vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Japan Smaller Capitalization Fund's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Japan Smaller Capitalization Fund's Dividend Yield % falls into.


JOF
36GF Score
Japan Smaller Capitalization Fund Inc JOF
Dividend Yield % is just one metric. See GF Score™, valuation, warning signs, and more.
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Japan Smaller Capitalization Fund Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Japan Smaller Capitalization Fund Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.0956002026-08-142026-08-142026-08-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.0956002026-07-152026-07-152026-07-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.0887002026-06-152026-06-152026-06-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.0887002026-05-152026-05-152026-05-29Cash DividendmonthlyUSD:USD 1.000000
USD 0.0887002026-04-152026-04-152026-04-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.0887002026-03-162026-03-162026-03-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.0887002026-02-132026-02-132026-02-27Cash DividendmonthlyUSD:USD 1.000000
USD 0.0887002026-01-152026-01-152026-01-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.0887002025-12-152025-12-152025-12-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.0887002025-11-142025-11-142025-11-28Cash DividendmonthlyUSD:USD 1.000000
USD 0.0887002025-10-152025-10-152025-10-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.0887002025-09-152025-09-152025-09-30Cash DividendmonthlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Japan Smaller Capitalization Fund's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=1.0782/12.17
=8.86 %

Current Share Price is $12.17.
Japan Smaller Capitalization Fund's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.0782.

Japan Smaller Capitalization Fund's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=1.1472/12.17
=9.43 %

Current Share Price is $12.17.
Japan Smaller Capitalization Fund's Dividends per Share for the forward twelve months is calculated as $0.0956 * 12 = $1.1472.

* 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 Yield % →
What does a Dividend Yield % of 8.87% mean?
Japan Smaller Capitalization Fund (JOF) has a Dividend Yield % of 8.87% as of Aug. 20, 2026. Dividend yield is the ratio of company dividends to the share price. View historical data on Japan Smaller Capitalization Fund and its competitors. This is 156% above median its historical median of 3.47. Over the past decade, Japan Smaller Capitalization Fund's Dividend Yield % has ranged from 0.58 to 10.69. According to the industry distribution chart, Japan Smaller Capitalization Fund ranks #292 out of 1110 companies in the Asset Management industry, placing it in the top 26.3%.
Is Japan Smaller Capitalization Fund's Dividend Yield % too high?
Japan Smaller Capitalization Fund's current Dividend Yield % of 8.87% is 156% above median its 10-year median of 3.47. Over the past 10 years, this metric has ranged from a low of 0.58 to a high of 10.69. The Asset Management industry median Dividend Yield % is 5.79. Japan Smaller Capitalization Fund's value of 8.87% is 53.2% above this industry median. Based on the distribution chart, Japan Smaller Capitalization Fund ranks #292 out of 1110 companies in the Asset Management industry, which is above the industry midpoint. Overall, Japan Smaller Capitalization Fund has a GF Scoreâ„¢ of 36/100, reflecting its overall financial health beyond just this single metric.
How does Japan Smaller Capitalization Fund's Dividend Yield % compare to RFMZ and BGT?
According to the Asset Management industry distribution chart, Japan Smaller Capitalization Fund ranks #292 out of 1110 companies for Dividend Yield %. This puts Japan Smaller Capitalization Fund in the upper half of its industry. The industry median Dividend Yield % is 5.79. Japan Smaller Capitalization Fund's value of 8.87% is 53.2% above this benchmark. Historically, Japan Smaller Capitalization Fund's own Dividend Yield % has ranged from 0.58 to 10.69 over the past decade. While the company's 10-year median is 3.47 vs. the industry median of 5.79, Japan Smaller Capitalization Fund 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 Yield % for an Asset Management company?
The median Dividend Yield % among Asset Management companies is 5.79, based on 1,110 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Yield % significantly above this median, while those in the bottom quartile fall well below. However, Dividend Yield % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Japan Smaller Capitalization Fund's current Dividend Yield % of 8.87% is 53.2% 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 Yield % mean?
A high Dividend Yield % can signal that a stock is expensive relative to its fundamentals. Dividend yield is the ratio of company dividends to the share price. View historical data on Japan Smaller Capitalization Fund and its competitors. For the Asset Management industry, the median Dividend Yield % is 5.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Japan Smaller Capitalization Fund's current Dividend Yield % is 8.87%, which is 156% above median its own 10-year median of 3.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Japan Smaller Capitalization Fund stock overvalued right now?
Japan Smaller Capitalization Fund (JOF) has a current Dividend Yield % of 8.87%. The current Dividend Yield % is 8.87%, which is 156% above median its 10-year median of 3.47 and 53.2% above the Asset Management industry median of 5.79. Japan Smaller Capitalization Fund's overall GF Score™ is 36/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Yield % calculated?
Dividend Yield % is calculated from a company's financial statements. For Japan Smaller Capitalization Fund (JOF), the current Dividend Yield % is 8.87% as of Aug. 20, 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.

Japan Smaller Capitalization Fund Business Description

Address 309 West 49th Street, Worldwide Plaza, New York, NY, USA, 10019
Japan Smaller Capitalization Fund Inc is a closed-end management investment company. Its investment objective is to seek long-term capital appreciation through investments in smaller capitalization Japanese equity securities. Its portfolio of investments consists of different sectors such as banks, chemicals, construction, electric appliances, financing business, food, Information and Communication, Utilities, Real Estate, and others.
36GF Score

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