Nippon Gas CoTSE:8174 +0.43%83 Dividend Yield % is 3.65% as of Jun. 27, 2026, which is 50% above its 10-year median of 2.43. GuruFocus rates TSE:8174 with a GF Score™ of 83/100 and a GF Value™ of 円2,682.29 (Fairly Valued). The stock has 4 warning signs investors should review. Among 426 Utilities - Regulated companies, Nippon Gas Co ranks better than 52.58% on this metric.
As of today (2026-06-27), the Trailing Annual Dividend Yield of Nippon Gas Co is 3.65%.
The historical rank and industry rank for Nippon Gas Co's Dividend Yield % or its related term are showing as below:
TSE:8174'
s Dividend Yield % Range Over the Past 10 Years
Min: 0.65 Med: 2.43 Max: 4.13
Current: 3.65
During the past 13 years, the highest Dividend Yield of Nippon Gas Co was 4.13%. The lowest was 0.65%. And the median was 2.43%.
TSE:8174's Dividend Yield % is ranked better than 52.58% of 426
companies
in the Utilities - Regulated industry
Industry Median: 3.575
vs TSE:8174: 3.65
If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Nippon Gas Co Ltd is 0.75, which seems too high.
During the past 13 years, the highest Dividend Payout Ratio of Nippon Gas Co was 0.80. The lowest was 0.17. And the median was 0.64.
During the past 12 months, Nippon Gas Co's average Dividends Per Share Growth Rate was 11.40% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 16.60% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 24.40% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was 28.90% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Nippon Gas Co was 40.70% per year. The lowest was 0.00% per year. And the median was 22.80% 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.
Nippon Gas Co (TSE:8174) 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.
The historical data trend for Nippon Gas 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.
For the Utilities - Regulated Gas subindustry, Nippon Gas 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.
Nippon Gas Co Dividend Yield % vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Nippon Gas Co's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Nippon Gas Co's Dividend Yield % falls into.
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Nippon Gas Co Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
JPY 51.500000
2026-03-30
2026-03-31
2026-06-26
Cash Dividend
semi-annually
JPY:JPY 1.000000
JPY 51.500000
2025-09-29
2025-09-30
2025-11-19
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.
Nippon Gas Co's Trailing Annual Dividend Yield (%) for Today is calculated as
Trailing Annual Dividend Yield
=
Most Recent Full Year Dividend
/
Current Share Price
=
103
/
2830.50
=
3.64 %
Current Share Price is 円2830.50. Nippon Gas Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is 円103.
Nippon Gas Co's Forward Annual Dividend Yield (%) for Today is calculated as
Forward Annual Dividend Yield
=
Forward Full Year Dividend
/
Current Share Price
=
103
/
2830.50
=
3.64 %
Current Share Price is 円2830.50. Nippon Gas Co's Dividends per Share for the forward twelve months is calculated as 円51.5 * 2 = 円103.
* 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.
Nippon Gas Co (TSE:8174) has a Dividend Yield % of 3.65% as of Jun. 27, 2026. Dividend yield is the ratio of company dividends to the share price. View historical data on Nippon Gas Co and its competitors. This is 50% above median its historical median of 2.43. Over the past decade, Nippon Gas Co's Dividend Yield % has ranged from 0.65 to 4.13. According to the industry distribution chart, Nippon Gas Co ranks #202 out of 426 companies in the Utilities - Regulated industry, placing it in the top 47.4%.
Is Nippon Gas Co's Dividend Yield % too high?
Nippon Gas Co's current Dividend Yield % of 3.65% is 50% above median its 10-year median of 2.43. Over the past 10 years, this metric has ranged from a low of 0.65 to a high of 4.13. The Utilities - Regulated industry median Dividend Yield % is 3.58. Nippon Gas Co's value of 3.65% is 2.1% above this industry median. Based on the distribution chart, Nippon Gas Co ranks #202 out of 426 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, Nippon Gas Co has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nippon Gas Co's Dividend Yield % compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Nippon Gas Co ranks #202 out of 426 companies for Dividend Yield %. This puts Nippon Gas Co in the upper half of its industry. The industry median Dividend Yield % is 3.58. Nippon Gas Co's value of 3.65% is 2.1% above this benchmark. Historically, Nippon Gas Co's own Dividend Yield % has ranged from 0.65 to 4.13 over the past decade. While the company's 10-year median is 2.43 vs. the industry median of 3.58, Nippon Gas 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 an Utilities - Regulated company?
The median Dividend Yield % among Utilities - Regulated companies is 3.58, based on 426 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. Nippon Gas Co's current Dividend Yield % of 3.65% is 2.1% 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 Nippon Gas Co and its competitors. For the Utilities - Regulated industry, the median Dividend Yield % is 3.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nippon Gas Co's current Dividend Yield % is 3.65%, which is 50% above median its own 10-year median of 2.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nippon Gas Co stock overvalued right now?
Based on GuruFocus' analysis, Nippon Gas Co (TSE:8174) is currently considered Fairly Valued. The stock's GF Value™ is 円2,682.29, compared to a current price of 円2,830.50 — trading 5.5% above its estimated fair value. The current Dividend Yield % is 3.65%, which is 50% above median its 10-year median of 2.43 and 2.1% above the Utilities - Regulated industry median of 3.58. Nippon Gas Co's overall GF Score™ is 83/100 with 4 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 Nippon Gas Co (TSE:8174), the current Dividend Yield % is 3.65% as of Jun. 27, 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 Nippon Gas Co (TSE:8174) Overvalued in 2026?
Based on GuruFocus' analysis, Nippon Gas Co stock appears to be overvalued.
The current stock price of 円2,830.50 is trading 5.5% above its estimated GF Value™ of 円2,682.29.
GuruFocus considers Nippon Gas Co to be Fairly Valued.
Key valuation signals for TSE:8174:
Dividend Yield %: 3.65% (50% above median its 10-year median of 2.43)
GF Value™: 円2,682.29 vs. price of 円2,830.50 (5.5% above fair value)
Industry Position: 2.1% above the Utilities - Regulated median (#202 of 426)
No single metric tells the full story. See the TSE:8174 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nippon Gas Co Ltd, or Nichigas, is a Japanese supplier of gas primarily in the Kanto region of Japan. The company segments its operations into LP Gas, City Gas, Electricity, and Life Products Businesses. LP Gas and City Gas are Nichigas' core segments, which engage in the distribution and sale of liquefied petroleum gas, or LPG, and city gas for consumer usage. The company's total revenue is split between sales of LPG and city gas, with LPG generating slightly more. Roughly half of Nichigas' customers are residential consumers in terms of sales volume, while the other half are commercial entities. With its subsidiaries, the company is also involved in the distribution and sale of liquefied natural gas, high-pressure gas, and gas appliances.
83GF Score
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