Shinden HightexTSE:3131 +1.96%60 Dividend Yield % is 3.58% as of Jul. 12, 2026, which is 2% below its 10-year median of 3.65. GuruFocus rates TSE:3131 with a GF Score™ of 60/100 and a GF Value™ of 円2,878.93 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 1,408 Hardware companies, Shinden Hightex ranks better than 77.06% on this metric.
As of today (2026-07-12), the Trailing Annual Dividend Yield of Shinden Hightex is 3.58%.
Warning Sign:
Shinden Hightex Corp stock Dividend Yield % is close to 1-year low.
The historical rank and industry rank for Shinden Hightex's Dividend Yield % or its related term are showing as below:
TSE:3131'
s Dividend Yield % Range Over the Past 10 Years
Min: 1.45 Med: 3.65 Max: 12.99
Current: 3.58
During the past 13 years, the highest Dividend Yield of Shinden Hightex was 12.99%. The lowest was 1.45%. And the median was 3.65%.
TSE:3131's Dividend Yield % is ranked better than 77.06% of 1408
companies
in the Hardware industry
Industry Median: 1.55
vs TSE:3131: 3.58
If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Shinden Hightex Corp is 0.72, which seems too high.
During the past 13 years, the highest Dividend Payout Ratio of Shinden Hightex was 0.72. The lowest was 0.18. And the median was 0.38.
During the past 12 months, Shinden Hightex's average Dividends Per Share Growth Rate was 4.00% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was -1.30% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 15.00% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was 7.50% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Shinden Hightex was 44.20% per year. The lowest was -29.80% per year. And the median was 4.40% 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.
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.
The historical data trend for Shinden Hightex'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.
TSE:3131 vs SNX, ARW, AVT: Dividend Yield % Comparison
For the Electronics & Computer Distribution subindustry, Shinden Hightex'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.
Shinden Hightex Dividend Yield % vs Hardware Industry
For the Hardware industry and Technology sector, Shinden Hightex's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Shinden Hightex's Dividend Yield % falls into.
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Shinden Hightex Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
JPY 130.000000
2026-03-30
2026-03-31
2026-06-26
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.
Shinden Hightex's Trailing Annual Dividend Yield (%) for Today 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.
Shinden Hightex (TSE:3131) has a Dividend Yield % of 3.58% as of Jul. 12, 2026. Dividend yield is the ratio of company dividends to the share price. View historical data on Shinden Hightex and its competitors. This is near median its historical median of 3.65. Over the past decade, Shinden Hightex's Dividend Yield % has ranged from 1.45 to 12.99. According to the industry distribution chart, Shinden Hightex ranks #323 out of 1408 companies in the Hardware industry, placing it in the top 22.9%.
Is Shinden Hightex's Dividend Yield % too high?
Shinden Hightex's current Dividend Yield % of 3.58% is near median its 10-year median of 3.65. Over the past 10 years, this metric has ranged from a low of 1.45 to a high of 12.99. The Hardware industry median Dividend Yield % is 1.55. Shinden Hightex's value of 3.58% is 131% above this industry median. Based on the distribution chart, Shinden Hightex ranks #323 out of 1408 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Shinden Hightex has a GF Score™ of 60/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shinden Hightex's Dividend Yield % compare to SNX and ARW?
According to the Hardware industry distribution chart, Shinden Hightex ranks #323 out of 1408 companies for Dividend Yield %. This places Shinden Hightex in the top 23% of its industry — outperforming the majority of peers. The industry median Dividend Yield % is 1.55. Shinden Hightex's value of 3.58% is 131% above this benchmark. Historically, Shinden Hightex's own Dividend Yield % has ranged from 1.45 to 12.99 over the past decade. While the company's 10-year median is 3.65 vs. the industry median of 1.55, Shinden Hightex 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 a Hardware company?
The median Dividend Yield % among Hardware companies is 1.55, based on 1,408 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. Shinden Hightex's current Dividend Yield % of 3.58% is 131% 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 Shinden Hightex and its competitors. For the Hardware industry, the median Dividend Yield % is 1.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shinden Hightex's current Dividend Yield % is 3.58%, which is near median its own 10-year median of 3.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shinden Hightex stock overvalued right now?
Based on GuruFocus' analysis, Shinden Hightex (TSE:3131) is currently considered Modestly Overvalued. The stock's GF Value™ is 円2,878.93, compared to a current price of 円3,635.00 — trading 26.3% above its estimated fair value. The current Dividend Yield % is 3.58%, which is near median its 10-year median of 3.65 and 131% above the Hardware industry median of 1.55. Shinden Hightex's overall GF Score™ is 60/100 with 8 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 Shinden Hightex (TSE:3131), the current Dividend Yield % is 3.58% as of Jul. 12, 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 Shinden Hightex (TSE:3131) Overvalued in 2026?
Based on GuruFocus' analysis, Shinden Hightex stock appears to be overvalued.
The current stock price of 円3,635.00 is trading 26.3% above its estimated GF Value™ of 円2,878.93.
GuruFocus considers Shinden Hightex to be Modestly Overvalued.
Key valuation signals for TSE:3131:
Dividend Yield %: 3.58% (near median its 10-year median of 3.65)
GF Value™: 円2,878.93 vs. price of 円3,635.00 (26.3% above fair value)
Industry Position: 131% above the Hardware median (#323 of 1408)
No single metric tells the full story. See the TSE:3131 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shinden Hightex Corp is involved in selling various electronic components in Japan. The company offers ICs, liquid crystal displays, memory cards and boards, system products, batteries, and semiconductor components.
60GF Score
Get the complete analysis for TSE:3131
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