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DENSO stock: dividend

6902.T
$12.13Closing price of 13 Nov 2026MEQIRI Score 69 out of 100

DENSO paid $0.45 per share over the last twelve months, 3.72% on the price, and has not cut its dividend for 17 years.

Daily figure as of 13 Nov 2026

Dividend yield over the last 12 months
3.72%
$0.45 per share over 12 months
Dividend per share 2026
$0.42
for fiscal 2026
41%
$0.32
does not cover the dividend of $0.42
Raised in a row
5 years
Years with a higher annual dividend than the year before
Growth 5 years
+15.5%
per year, from the last twelve months, without special dividends
Growth 10 years
+9.1%
per year, from the last twelve months, without special dividends

The amounts for the last 12 months and for fiscal 2026 differ if the company has raised or cut its dividend since then.

The dividend is covered by earnings (payout ratio 41%) but not by free cash flow. The stock page lists a weakness only when neither covers it.

Dividend dates and payments

Anyone holding the stock on the day before the ex-dividend date receives the dividend. Amounts are per share, before tax.

Last ex-dividend date
29 Sep 2026
$0.2317, paid 26 Nov 2026
Next ex-dividend date
30 Mar 2027
$0.2317, paid 30 Mar 2027
Frequency
semi-annual
All 11 payments of the last five years
Ex-dividend datePayment dateDividend per share
30 Mar 202730 Mar 2027$0.2317
29 Sep 202626 Nov 2026$0.2317
30 Mar 202629 May 2026$0.2192
29 Sep 202526 Nov 2025$0.2004
28 Mar 202527 May 2025$0.2004
27 Sep 202426 Nov 2024$0.2004
28 Mar 202423 May 2024$0.1879
28 Sep 202327 Nov 2023$0.1565
30 Mar 202325 May 2023$0.1487
29 Sep 202225 Nov 2022$0.1409
30 Mar 202225 May 2022$0.1331

Is today's dividend yield unusually high?

Dividend yield today

3.72%

higher than usual

$0.45 dividend per share over the last twelve months on a price of $12.13

Today 3.72%, on average over fiscal years 2017 to 2026 2.47% (range 1.91 to 4.01%).

The yield is above what was usual in recent fiscal years. Whether the price fell or the dividend rose is shown by the reason further down.

Since the end of fiscal 2026 on 31 Mar 2026, the dividend has risen and the price has fallen, so the yield has risen, mainly because of the dividend.

  • Fiscal year
  • Today, last 12 months

For each fiscal year, the dividend per share for that year divided by the closing price on the last trading day of the fiscal year. The dashed line is the average (median) of the fiscal years.

Dividend development

Dividend per share

Payout ratio

  • of earnings
  • of free cash flow
Figures as a table
YearDividend per shareEarnings per share
2007$0.0704$1.56
2008$0.0845$1.88
2009$0.0626−$0.18
2010$0.0423$0.57
2011$0.0720$1.11
2012$0.0720$0.69
2013$0.1002$1.42
2014$0.1644$2.18
2015$0.1722$2.03
2016$0.1879$1.92
2017$0.1879$2.04
2018$0.2035$2.57
2019$0.2192$0.51
2020$0.2192$0.14
2021$0.2192$0.25
2022$0.2426$0.54
2023$0.2896$0.65
2024$0.3444$0.66
2025$0.4008$0.91
2026$0.4195$1.02

The dividend per share is shown under the fiscal year it was paid for, even when it is paid after that year ends. Special dividends are not included.

Data status and sources

Score
Daily value of 13 Nov 2026, recalculated nightly
Price
Closing price of 13 Nov 2026
Latest annual report
Fiscal year 2026, period end 31 Mar 2026
Currency
Amounts in US dollars, converted at the ECB reference rate of 12 Nov 2026 ($1 = ¥159.70)
Source
Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.

Mandatory disclosures for this rating

  • ; time horizon around 12 months
  • Rated Neutral since 7 Nov 2026, previously Strong
  • Valuation signal Undervalued since 13 Nov 2026, previously Fairly valued
  • End-of-day prices, metrics cached for up to 24 hours
  • Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
  • Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
  • Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.

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