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Australia and New Zealand Banking Group Ltd (OTCPK:ANZBY)
Dividend Payout Ratio
0.73 (As of Mar. 2014)

Australia and New Zealand Banking Group Ltd's dividend payout ratio for the six months ended in Mar. 2014 was 0.73.

Warning Sign:

If a company dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout of Australia and New Zealand Banking Group Ltd is 0.73, which seems too high.

ANZBY' s 10-Year Dividend Payout Ratio Range
Min: 0.42   Max: 0.93
Current: 0.69

0.42
0.93

During the past 13 years, the highest Dividend Payout Ratio of Australia and New Zealand Banking Group Ltd was 0.93. The lowest was 0.42. And the median was 0.62.

ANZBY's Dividend Payout Ratiois ranked higher than
74% of the 1834 Companies
in the Global Banks - Regional - Australia industry.

( Industry Median: 9999.00 vs. ANZBY: 0.69 )

As of Today, the Dividend Yield of Australia and New Zealand Banking Group Ltd is 5.00%.

During the past 13 years, the highest Dividend Yield of Australia and New Zealand Banking Group Ltd was 11.28%. The lowest was 3.68%. And the median was 4.90%.

Australia and New Zealand Banking Group Ltd's Dividends Per Share for the six months ended in Mar. 2014 was $0.82.

During the past 12 months, Australia and New Zealand Banking Group Ltd's average Dividends Per Share Growth Rate was 13.10% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 12.10% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 7.80% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 3.90% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Australia and New Zealand Banking Group Ltd was 19.90% per year. The lowest was -6.20% per year. And the median was 10.05% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Definition

Dividend payout ratio measures the percentage of the company’s earnings paid out as dividends.

Australia and New Zealand Banking Group Ltd's Dividend Payout Ratio for the fiscal year that ended in Sep. 2013 is calculated as

Dividend Payout Ratio=Dividends Per Share (A: Sep. 2013 )/Earnings per Share (A: Sep. 2013 )
=1.47904761905/2.13714285714
=0.69

Australia and New Zealand Banking Group Ltd's Dividend Payout Ratio for the quarter that ended in Mar. 2014 is calculated as

Dividend Payout Ratio=Dividends Per Share (Q: Mar. 2014 )/Earnings per Share (Q: Mar. 2014 )
=0.821994408201/1.12022367195
=0.73

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Explanation

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.


Related Terms

Net Income, Dividends Per Share, Earnings per Share, Dividend Yield, 3-Year Dividends Growth Rate, 5-Year Dividends Growth Rate


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Australia and New Zealand Banking Group Ltd Annual Data

Sep04Sep05Sep06Sep07Sep08Sep09Sep10Sep11Sep12Sep13
payout 0.640.670.590.612.370.920.570.690.700.69

Australia and New Zealand Banking Group Ltd Semi-Annual Data

Sep09Mar10Sep10Mar11Sep11Mar12Sep12Mar13Sep13Mar14
payout 0.690.710.460.720.660.700.690.750.650.73
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