The a2 Milk Co's dividends per share for the
six
months ended in Dec. 2025 was A$0.09. Its dividends per share for the trailing twelve months (TTM) ended in Dec. 2025 was A$0.15. Its Dividend Payout Ratio for the
six
months ended in Dec. 2025 was 0.64. As of today, The a2 Milk Co's Dividend Yield % is 2.39%.
Good Sign:
The a2 Milk Co Ltd stock Dividend Yield % is close to 2-year high.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.
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.
The a2 Milk Co (ASX:A2M) Dividends per Share Explanation
1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.
The a2 Milk Co's Dividend Payout Ratio for the quarter that ended in Dec. 2025 is calculated as
During the past 13 years, the highest Dividend Payout Ratio of The a2 Milk Co was 0.55. The lowest was 0.26. And the median was 0.26.
2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.
The a2 Milk Co Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
AUD 0.081543
2026-03-19
2026-03-20
2026-04-02
Cash Dividend
semi-annually
AUD:AUD 1.000000
AUD 0.086763
2025-09-18
2025-09-19
2025-10-03
Cash Dividend
semi-annually
AUD:AUD 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.
The a2 Milk Co's Dividend Yield (%) for Today is calculated as
Current Share Price is A$6.92.
The a2 Milk Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is A$0.168306.
During the past 13 years, the highest Dividend Yield of The a2 Milk Co was 2.39%. The lowest was 0.67%. And the median was 0.76%.
Good Sign:
The a2 Milk Co Ltd stock Dividend Yield % is close to 2-year high.
* 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.
The a2 Milk Co Dividends per Share Related Terms
The a2 Milk Co Dividends per Share Historical Data
* Premium members only.
The historical data trend for The a2 Milk Co's Dividends per Share 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.
ASX:A2M vs KHC, GIS: Dividends per Share Comparison
For the Packaged Foods subindustry, The a2 Milk 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.
The a2 Milk Co Dividend Yield % vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, The a2 Milk Co's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where The a2 Milk Co's Dividend Yield % falls into.
The a2 Milk Co (ASX:A2M) has a Dividends per Share of A$0.15 as of Dec. 2025. Dividends per share represents the per-share amount paid as dividends. View historical data on The a2 Milk Co and its competitors.
Is The a2 Milk Co's Dividends per Share too high?
The a2 Milk Co's current Dividends per Share is A$0.15. Overall, The a2 Milk 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 The a2 Milk Co's Dividends per Share compare to KHC and GIS?
The a2 Milk Co's Dividends per Share of A$0.15 can be compared against companies in the Consumer Packaged Goods industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividends per Share for a Consumer Packaged Goods company?
A good Dividends per Share depends on the Consumer Packaged Goods industry context. However, Dividends per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Dividends per Share mean?
A high Dividends per Share can signal that a stock is expensive relative to its fundamentals. Dividends per share represents the per-share amount paid as dividends. View historical data on The a2 Milk Co and its competitors. The a2 Milk Co's current Dividends per Share is A$0.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The a2 Milk Co stock overvalued right now?
Based on GuruFocus' analysis, The a2 Milk Co (ASX:A2M) is currently considered Fairly Valued. The stock's GF Value™ is A$6.65, compared to a current price of A$6.92 — trading 4.1% above its estimated fair value. The current Dividends per Share is A$0.15. The a2 Milk Co's overall GF Score™ is 83/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividends per Share calculated?
Dividends per Share is calculated from a company's financial statements. For The a2 Milk Co (ASX:A2M), the current Dividends per Share is A$0.15 as of Dec. 2025. 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 The a2 Milk Co (ASX:A2M) Overvalued in 2026?
Based on GuruFocus' analysis, The a2 Milk Co stock appears to be overvalued.
The current stock price of A$6.92 is trading 4.1% above its estimated GF Value™ of A$6.65.
GuruFocus considers The a2 Milk Co to be Fairly Valued.
Key valuation signals for ASX:A2M:
Dividends per Share: A$0.15
GF Value™: A$6.65 vs. price of A$6.92 (4.1% above fair value)
No single metric tells the full story. See the ASX:A2M stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
A2 Milk is a New Zealand licensor and marketer of fresh milk, infant formula, and other dairy products that lack the A1 beta-casein protein. The firm was founded in 2000 by Corran McLachlan, who developed a genetic test to determine which proteins a cow produces in its milk, and business partner Howard Paterson. The company has been through a tumultuous history of receivership, legal battles, and strategic shifts, but emerged in its current structure in 2006 and listed publicly in March 2013.
83GF Score
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