Shinagawa Refra Co (TSE:5351) Dividend Yield %: 4.56% (As of Jul. 14, 2026) — 31% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:5351 Shinagawa Refra Co Ltd TSE:5351
78 GF Score
Price 円2,013.00
GF Value 円2,293.21
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Shinagawa Refra Co Dividend Yield %?

Shinagawa Refra Co TSE:5351 +1.98% 78 Dividend Yield % is 4.56% as of Jul. 14, 2026, which is 31% above its 10-year median of 3.47. GuruFocus rates TSE:5351 with a GF Score™ of 78/100 and a GF Value™ of 円2,293.21 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,015 Construction companies, Shinagawa Refra Co ranks better than 78.42% on this metric.

As of today (2026-07-14), the Trailing Annual Dividend Yield of Shinagawa Refra Co is 4.56%.

Good Sign:

Shinagawa Refra Co Ltd stock Dividend Yield % is close to 3-year high.

The historical rank and industry rank for Shinagawa Refra Co's Dividend Yield % or its related term are showing as below:

TSE:5351' s Dividend Yield % Range Over the Past 10 Years
Min: 1.57   Med: 3.47   Max: 6.96
Current: 4.56

During the past 13 years, the highest Dividend Yield of Shinagawa Refra Co was 6.96%. The lowest was 1.57%. And the median was 3.47%.

TSE:5351's Dividend Yield % is ranked better than
78.42% of 1015 companies
in the Construction industry
Industry Median: 2.77 vs TSE:5351: 4.56

Shinagawa Refra Co's Dividend Payout Ratio for the three months ended in Mar. 2026 was 1.00.

During the past 13 years, the highest Dividend Payout Ratio of Shinagawa Refra Co was 0.46. The lowest was 0.17. And the median was 0.23.

As of today (2026-07-14), the Forward Dividend Yield % of Shinagawa Refra Co is 4.56%.

Shinagawa Refra Co's Dividends per Share for the three months ended in Mar. 2026 was 円45.00.

During the past 3 years, the average Dividends Per Share Growth Rate was 31.00% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 37.60% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 23.30% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Shinagawa Refra Co was 55.70% per year. The lowest was 0.00% per year. And the median was 12.00% 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.


Shinagawa Refra Co  (TSE:5351) 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.


Shinagawa Refra Co Dividend Yield % Related Terms


Shinagawa Refra Co Dividend Yield % Historical Data

* Premium members only.

The historical data trend for Shinagawa Refra Co'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.

Shinagawa Refra Co Dividend Yield % Chart

Shinagawa Refra Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.01 4.38 3.53 5.31 4.42

Shinagawa Refra Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 Premium Member Only Premium Member Only 5.31 5.42 4.81 4.26 4.42

TSE:5351 vs TT, JCI, CARR: Dividend Yield % Comparison

For the Building Products & Equipment subindustry, Shinagawa Refra 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.


Shinagawa Refra Co Dividend Yield % vs Construction Industry

For the Construction industry and Industrials sector, Shinagawa Refra Co's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Shinagawa Refra Co's Dividend Yield % falls into.


TSE:5351
78GF Score
Shinagawa Refra Co Ltd TSE:5351
Dividend Yield % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shinagawa Refra Co Dividend Yield % Calculation

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

Shinagawa Refra Co Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
JPY 45.0000002026-03-302026-03-312026-06-26Cash Dividendsemi-annuallyJPY:JPY 1.000000
JPY 45.0000002025-09-292025-09-302025-12-01Cash Dividendsemi-annuallyJPY: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.

Shinagawa Refra Co's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=90/2013.00
=4.47 %

Current Share Price is 円2013.00.
Shinagawa Refra Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is 円90.

Shinagawa Refra Co's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=90/2013.00
=4.47 %

Current Share Price is 円2013.00.
Shinagawa Refra Co's Dividends per Share for the forward twelve months is calculated as 円45 * 2 = 円90.

* 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 4.56% mean?
Shinagawa Refra Co (TSE:5351) has a Dividend Yield % of 4.56% as of Jul. 14, 2026. Dividend yield is the ratio of company dividends to the share price. View historical data on Shinagawa Refra Co and its competitors. This is 31% above median its historical median of 3.47. Over the past decade, Shinagawa Refra Co's Dividend Yield % has ranged from 1.57 to 6.96. According to the industry distribution chart, Shinagawa Refra Co ranks #219 out of 1015 companies in the Construction industry, placing it in the top 21.6%.
Is Shinagawa Refra Co's Dividend Yield % too high?
Shinagawa Refra Co's current Dividend Yield % of 4.56% is 31% above median its 10-year median of 3.47. Over the past 10 years, this metric has ranged from a low of 1.57 to a high of 6.96. The Construction industry median Dividend Yield % is 2.77. Shinagawa Refra Co's value of 4.56% is 64.6% above this industry median. Based on the distribution chart, Shinagawa Refra Co ranks #219 out of 1015 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Shinagawa Refra Co has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shinagawa Refra Co's Dividend Yield % compare to TT and JCI?
According to the Construction industry distribution chart, Shinagawa Refra Co ranks #219 out of 1015 companies for Dividend Yield %. This places Shinagawa Refra Co in the top 22% of its industry — outperforming the majority of peers. The industry median Dividend Yield % is 2.77. Shinagawa Refra Co's value of 4.56% is 64.6% above this benchmark. Historically, Shinagawa Refra Co's own Dividend Yield % has ranged from 1.57 to 6.96 over the past decade. While the company's 10-year median is 3.47 vs. the industry median of 2.77, Shinagawa Refra 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 Yield % for a Construction company?
The median Dividend Yield % among Construction companies is 2.77, based on 1,015 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. Shinagawa Refra Co's current Dividend Yield % of 4.56% is 64.6% 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 Shinagawa Refra Co and its competitors. For the Construction industry, the median Dividend Yield % is 2.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shinagawa Refra Co's current Dividend Yield % is 4.56%, which is 31% 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 Shinagawa Refra Co stock overvalued right now?
Based on GuruFocus' analysis, Shinagawa Refra Co (TSE:5351) is currently considered Modestly Undervalued. The stock's GF Value™ is 円2,293.21, compared to a current price of 円2,013.00 — trading 12.2% below its estimated fair value. The current Dividend Yield % is 4.56%, which is 31% above median its 10-year median of 3.47 and 64.6% above the Construction industry median of 2.77. Shinagawa Refra Co's overall GF Score™ is 78/100 with 3 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 Shinagawa Refra Co (TSE:5351), the current Dividend Yield % is 4.56% as of Jul. 14, 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 Shinagawa Refra Co (TSE:5351) Overvalued in 2026?

Based on GuruFocus' analysis, Shinagawa Refra Co stock appears to be undervalued. The current stock price of 円2,013.00 is trading 12.2% below its estimated GF Value™ of 円2,293.21. GuruFocus considers Shinagawa Refra Co to be Modestly Undervalued.

Key valuation signals for TSE:5351:

  • Dividend Yield %: 4.56% (31% above median its 10-year median of 3.47)
  • GF Value™: 円2,293.21 vs. price of 円2,013.00 (12.2% below fair value)
  • GF Score™: 78/100 with 3 warning signs
  • Industry Position: 64.6% above the Construction median (#219 of 1015)

No single metric tells the full story. See the TSE:5351 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shinagawa Refra Co Business Description

Address 1-7-12 Marunouchi, 12th floor, Sapia Tower, Chiyoda, Tokyo, JPN, 100-0005
Shinagawa Refra Co Ltd is engaged in the manufacture and sale of refractories, design, and construction of industrial kiln furnaces, the sale of fine ceramics, others.
78GF Score

Get the complete analysis for TSE:5351

Dividend Yield % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円2,013.00
Price
円2,293.21
GF Value