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Morinaga Milk Industry CoTSE:2264 -1.95%66 Dividend Yield % is 1.99% as of Jul. 13, 2026, which is 42% above its 10-year median of 1.40. GuruFocus rates TSE:2264 with a GF Score™ of 66/100 and a GF Value™ of 円886.60 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,175 Consumer Packaged Goods companies, Morinaga Milk Industry Co ranks worse than 64.77% on this metric.
Morinaga Milk Industry Co Ltd stock Dividend Yield % is close to 1-year low.
The historical rank and industry rank for Morinaga Milk Industry Co's Dividend Yield % or its related term are showing as below:
TSE:2264'
s Dividend Yield % Range Over the Past 10 Years
Min: 0.72 Med: 1.4 Max: 3.8
Current: 1.99
During the past 13 years, the highest Dividend Yield of Morinaga Milk Industry Co was 3.80%. The lowest was 0.72%. And the median was 1.40%.
TSE:2264's Dividend Yield % is ranked worse than 64.77% of 1175
companies
in the Consumer Packaged Goods industry
Industry Median: 2.85
vs TSE:2264: 1.99
During the past 12 months, Morinaga Milk Industry Co's average Dividends Per Share Growth Rate was 11.10% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 30.50% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 28.40% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was 18.30% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Morinaga Milk Industry Co was 31.00% per year. The lowest was 0.00% per year. And the median was 8.70% 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.
Morinaga Milk Industry Co (TSE:2264) 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.
* 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.
For the Packaged Foods subindustry, Morinaga Milk Industry Co'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.
Morinaga Milk Industry Co Dividend Yield % vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Morinaga Milk Industry Co's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Morinaga Milk Industry Co's Dividend Yield % falls into.
Morinaga Milk Industry Co Dividend Yield % Calculation
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Morinaga Milk Industry Co Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
JPY 13.750000
2026-03-30
2026-03-31
2026-06-26
Cash Dividend
semi-annually
JPY:JPY 1.000000
JPY 11.250000
2025-09-29
2025-09-30
2025-12-05
Cash Dividend
semi-annually
JPY:JPY 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.
* 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.
Morinaga Milk Industry Co (TSE:2264) has a Dividend Yield % of 1.99% as of Jul. 13, 2026. Dividend yield is the ratio of company dividends to the share price. View historical data on Morinaga Milk Industry Co and its competitors. This is 42% above median its historical median of 1.40. Over the past decade, Morinaga Milk Industry Co's Dividend Yield % has ranged from 0.72 to 3.80. According to the industry distribution chart, Morinaga Milk Industry Co ranks #761 out of 1175 companies in the Consumer Packaged Goods industry, placing it in the top 64.8%.
Is Morinaga Milk Industry Co's Dividend Yield % too high?
Morinaga Milk Industry Co's current Dividend Yield % of 1.99% is 42% above median its 10-year median of 1.40. Over the past 10 years, this metric has ranged from a low of 0.72 to a high of 3.80. The Consumer Packaged Goods industry median Dividend Yield % is 2.85. Morinaga Milk Industry Co's value of 1.99% is 30.2% below this industry median. Based on the distribution chart, Morinaga Milk Industry Co ranks #761 out of 1175 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Morinaga Milk Industry Co has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Morinaga Milk Industry Co's Dividend Yield % compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Morinaga Milk Industry Co ranks #761 out of 1175 companies for Dividend Yield %. This places Morinaga Milk Industry Co in the lower half of its industry. The industry median Dividend Yield % is 2.85. Morinaga Milk Industry Co's value of 1.99% is 30.2% below this benchmark. Historically, Morinaga Milk Industry Co's own Dividend Yield % has ranged from 0.72 to 3.80 over the past decade. While the company's 10-year median is 1.40 vs. the industry median of 2.85, Morinaga Milk Industry Co has consistently been below 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 a Consumer Packaged Goods company?
The median Dividend Yield % among Consumer Packaged Goods companies is 2.85, based on 1,175 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. Morinaga Milk Industry Co's current Dividend Yield % of 1.99% is 30.2% below 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 Morinaga Milk Industry Co and its competitors. For the Consumer Packaged Goods industry, the median Dividend Yield % is 2.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Morinaga Milk Industry Co's current Dividend Yield % is 1.99%, which is 42% above median its own 10-year median of 1.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Morinaga Milk Industry Co stock overvalued right now?
Based on GuruFocus' analysis, Morinaga Milk Industry Co (TSE:2264) is currently considered Significantly Overvalued. The stock's GF Value™ is 円886.60, compared to a current price of 円1,233.50 — trading 39.1% above its estimated fair value. The current Dividend Yield % is 1.99%, which is 42% above median its 10-year median of 1.40 and 30.2% below the Consumer Packaged Goods industry median of 2.85. Morinaga Milk Industry Co's overall GF Score™ is 66/100 with 6 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 Morinaga Milk Industry Co (TSE:2264), the current Dividend Yield % is 1.99% as of Jul. 13, 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 Morinaga Milk Industry Co (TSE:2264) Overvalued in 2026?
Based on GuruFocus' analysis, Morinaga Milk Industry Co stock appears to be overvalued.
The current stock price of 円1,233.50 is trading 39.1% above its estimated GF Value™ of 円886.60.
GuruFocus considers Morinaga Milk Industry Co to be Significantly Overvalued.
Key valuation signals for TSE:2264:
Dividend Yield %: 1.99% (42% above median its 10-year median of 1.40)
GF Value™: 円886.60 vs. price of 円1,233.50 (39.1% above fair value)
Industry Position: 30.2% below the Consumer Packaged Goods median (#761 of 1175)
No single metric tells the full story. See the TSE:2264 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Morinaga Milk Industry Co Ltd is a Japanese company engaged in the production and distribution of dairy products. It produces a variety of milk and milk-based products such as dairy-based beverages, yogurt, desserts, condensed milk, powdered milk, butter, cheese, ice cream, clinical liquid diets. It also manufactures and sells animal feed, and constructs plant equipment. The company through its subsidiaries markets its products internationally.
66GF Score
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