ANZGF (ANZ Group Holdings) Dividend Payout Ratio: 0.67 (As of Mar. 2026) — Near Median


ANZGF ANZ Group Holdings Ltd ANZGF
64 GF Score
Price $23.65
GF Value $25.42
Valuation Fairly Valued
! 4 Warning Signs
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What is ANZ Group Holdings Dividend Payout Ratio?

ANZ Group Holdings ANZGF 64 Dividend Payout Ratio is 0.67 as of Mar. 2026, which is 8% below its 10-year median of 0.73. GuruFocus rates ANZGF with a GF Score™ of 64/100 and a GF Value™ of $25.42 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,170 Banks companies, ANZ Group Holdings ranks worse than 91.37% on this metric.

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. ANZ Group Holdings's Dividend Payout Ratio for the months ended in Mar. 2026 was 0.67.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of ANZ Group Holdings Ltd is 0.73, which seems too high.

The historical rank and industry rank for ANZ Group Holdings's Dividend Payout Ratio or its related term are showing as below:

ANZGF' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.49   Med: 0.73   Max: 0.87
Current: 0.73

During the past 13 years, the highest Dividend Payout Ratio of ANZ Group Holdings was 0.87. The lowest was 0.49. And the median was 0.73.

ANZGF's Dividend Payout Ratio is ranked worse than
91.37% of 1170 companies
in the Banks industry
Industry Median: 0.32 vs ANZGF: 0.73

As of today (2026-07-03), the Dividend Yield % of ANZ Group Holdings is 4.86%.

During the past 13 years, the highest Trailing Annual Dividend Yield of ANZ Group Holdings was 10.50%. The lowest was 3.56%. And the median was 5.69%.

ANZ Group Holdings's Dividends per Share for the months ended in Mar. 2026 was $0.58.

During the past 3 years, the average Dividends Per Share Growth Rate was 5.10% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 12.10% per year. During the past 10 years, the average Dividends Per Share Growth Rate was -0.90% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of ANZ Group Holdings was 29.90% per year. The lowest was -25.10% per year. And the median was 8.50% 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.

ANZ Group Holdings (OTCPK:ANZGF) Dividend Payout Ratio Explanation

In dividends investing, Dividend 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.

ANZ Group Holdings Dividend Payout Ratio Related Terms

ANZ Group Holdings Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for ANZ Group Holdings's Dividend Payout Ratio 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.

ANZ Group Holdings Dividend Payout Ratio Chart

ANZ Group Holdings Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.49 0.63 0.67 0.80 0.73

ANZ Group Holdings Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Dividend Payout Ratio 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 0.82 0.79 0.69 0.81 0.67

ANZGF vs JPM, BAC, WFC: Dividend Payout Ratio Comparison

For the Banks - Diversified subindustry, ANZ Group Holdings's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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.

ANZ Group Holdings Dividend Payout Ratio vs Banks Industry

For the Banks industry and Financial Services sector, ANZ Group Holdings's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where ANZ Group Holdings's Dividend Payout Ratio falls into.


ANZGF
64GF Score
ANZ Group Holdings Ltd ANZGF
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ANZ Group Holdings Dividend Payout Ratio Calculation

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.

ANZ Group Holdings's Dividend Payout Ratio for the fiscal year that ended in Sep. 2025 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Sep. 2025 )/ EPS without NRI (A: Sep. 2025 )
=1.095/ 1.495
=0.73

ANZ Group Holdings's Dividend Payout Ratio for the quarter that ended in Mar. 2026 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Mar. 2026 )/ EPS without NRI (Q: Mar. 2026 )
=0.582/ 0.872
=0.67

* 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 Payout Ratio →
What does a Dividend Payout Ratio of 0.67 mean?
ANZ Group Holdings (ANZGF) has a Dividend Payout Ratio of 0.67 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on ANZ Group Holdings and its competitors. This is near median its historical median of 0.73. Over the past decade, ANZ Group Holdings' Dividend Payout Ratio has ranged from 0.49 to 0.87. According to the industry distribution chart, ANZ Group Holdings ranks #1069 out of 1170 companies in the Banks industry, placing it in the top 91.4%.
Is ANZ Group Holdings' Dividend Payout Ratio too high?
ANZ Group Holdings' current Dividend Payout Ratio of 0.67 is near median its 10-year median of 0.73. Over the past 10 years, this metric has ranged from a low of 0.49 to a high of 0.87. The Banks industry median Dividend Payout Ratio is 0.32. ANZ Group Holdings' value of 0.67 is 109.4% above this industry median. Based on the distribution chart, ANZ Group Holdings ranks #1069 out of 1170 companies in the Banks industry, which is in the bottom quartile relative to peers. Overall, ANZ Group Holdings has a GF Score™ of 64/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does ANZ Group Holdings' Dividend Payout Ratio compare to JPM and BAC?
According to the Banks industry distribution chart, ANZ Group Holdings ranks #1069 out of 1170 companies for Dividend Payout Ratio. This places ANZ Group Holdings in the lower half of its industry. The industry median Dividend Payout Ratio is 0.32. ANZ Group Holdings' value of 0.67 is 109.4% above this benchmark. Historically, ANZ Group Holdings' own Dividend Payout Ratio has ranged from 0.49 to 0.87 over the past decade. While the company's 10-year median is 0.73 vs. the industry median of 0.32, ANZ Group Holdings 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 Payout Ratio for a Banks company?
The median Dividend Payout Ratio among Banks companies is 0.32, based on 1,170 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. ANZ Group Holdings's current Dividend Payout Ratio of 0.67 is 109.4% 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 Payout Ratio mean?
A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on ANZ Group Holdings and its competitors. For the Banks industry, the median Dividend Payout Ratio is 0.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ANZ Group Holdings's current Dividend Payout Ratio is 0.67, which is near median its own 10-year median of 0.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ANZ Group Holdings stock overvalued right now?
Based on GuruFocus' analysis, ANZ Group Holdings (ANZGF) is currently considered Fairly Valued. The stock's GF Value™ is $25.42, compared to a current price of $23.65 — trading 7% below its estimated fair value. The current Dividend Payout Ratio is 0.67, which is near median its 10-year median of 0.73 and 109.4% above the Banks industry median of 0.32. ANZ Group Holdings' overall GF Score™ is 64/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Payout Ratio calculated?
Dividend Payout Ratio is calculated from a company's financial statements. For ANZ Group Holdings (ANZGF), the current Dividend Payout Ratio is 0.67 as of Mar. 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 ANZ Group Holdings (ANZGF) Overvalued in 2026?

Based on GuruFocus' analysis, ANZ Group Holdings stock appears to be undervalued. The current stock price of $23.65 is trading 7% below its estimated GF Value™ of $25.42. GuruFocus considers ANZ Group Holdings to be Fairly Valued.

Key valuation signals for ANZGF:

  • Dividend Payout Ratio: 0.67 (near median its 10-year median of 0.73)
  • GF Value™: $25.42 vs. price of $23.65 (7% below fair value)
  • GF Score™: 64/100 with 4 warning signs
  • Industry Position: 109.4% above the Banks median (#1069 of 1170)

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

ANZ Group Holdings Business Description

Address 833 Collins Street, Level 9, ANZ Centre, Docklands, Melbourne, VIC, AUS, 3008
ANZ Group is the owner of one of Australia's four major banks and provides retail, business, and institutional banking services to customers in Australia, New Zealand, and Asia-Pacific. The super-regional Asian strategy was de-emphasized, with management focusing on the higher-returning businesses in Australia and New Zealand. ANZ Bank still retains a tilt to its Asia-centric strategy, but is now more balanced, better capitalized and a simpler bank.
64GF Score

Get the complete analysis for ANZGF

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

$23.65
Price
$25.42
GF Value