Associated British FoodsASBFY +0.04%83 Dividend Payout Ratio is 0.67 as of Feb. 2026, which is 109% above its 10-year median of 0.32. GuruFocus rates ASBFY with a GF Score™ of 83/100 and a GF Value™ of $30.35 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 999 Consumer Packaged Goods companies, Associated British Foods ranks better than 51.15% 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. Associated British Foods's Dividend Payout Ratio for the
months ended in Feb. 2026 was 0.67.
The historical rank and industry rank for Associated British Foods's Dividend Payout Ratio or its related term are showing as below:
ASBFY'
s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.09 Med: 0.32 Max: 0.5
Current: 0.43
During the past 13 years, the highest Dividend Payout Ratio of Associated British Foods was 0.50. The lowest was 0.09. And the median was 0.32.
ASBFY's Dividend Payout Ratio is ranked better than 51.15% of 999
companies
in the Consumer Packaged Goods industry
Industry Median: 0.44
vs ASBFY: 0.43
During the past 13 years, the highest Trailing Annual Dividend Yield of Associated British Foods was 3.56%. The lowest was 0.29%. And the median was 1.75%.
During the past 3 years, the average Dividends Per Share Growth Rate was 22.50% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 32.20% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was 2.60% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Associated British Foods was 105.50% per year. The lowest was -46.90% per year. And the median was 7.50% 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.
Associated British Foods (OTCPK:ASBFY) 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.
Associated British Foods Dividend Payout Ratio Related Terms
Associated British Foods Dividend Payout Ratio Historical Data
* Premium members only.
The historical data trend for Associated British Foods'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.
Associated British Foods Dividend Payout Ratio Chart
ASBFY vs KHC, GIS: Dividend Payout Ratio Comparison
For the Packaged Foods subindustry, Associated British Foods'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.
Associated British Foods Dividend Payout Ratio vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Associated British Foods's Dividend Payout Ratio distribution charts can be found below:
* The bar in red indicates where Associated British Foods's Dividend Payout Ratio falls into.
Associated British Foods 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.
Associated British Foods's Dividend Payout Ratio for the fiscal year that ended in Aug. 2025 is calculated as
* 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.
Associated British Foods (ASBFY) has a Dividend Payout Ratio of 0.67 as of Feb. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Associated British Foods and its competitors. This is 109% above median its historical median of 0.32. Over the past decade, Associated British Foods' Dividend Payout Ratio has ranged from 0.09 to 0.50. According to the industry distribution chart, Associated British Foods ranks #488 out of 999 companies in the Consumer Packaged Goods industry, placing it in the top 48.8%.
Is Associated British Foods' Dividend Payout Ratio too high?
Associated British Foods' current Dividend Payout Ratio of 0.67 is 109% above median its 10-year median of 0.32. Over the past 10 years, this metric has ranged from a low of 0.09 to a high of 0.50. The Consumer Packaged Goods industry median Dividend Payout Ratio is 0.44. Associated British Foods' value of 0.67 is 52.3% above this industry median. Based on the distribution chart, Associated British Foods ranks #488 out of 999 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Associated British Foods has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Associated British Foods' Dividend Payout Ratio compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Associated British Foods ranks #488 out of 999 companies for Dividend Payout Ratio. This puts Associated British Foods in the upper half of its industry. The industry median Dividend Payout Ratio is 0.44. Associated British Foods' value of 0.67 is 52.3% above this benchmark. Historically, Associated British Foods' own Dividend Payout Ratio has ranged from 0.09 to 0.50 over the past decade. While the company's 10-year median is 0.32 vs. the industry median of 0.44, Associated British Foods 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 Consumer Packaged Goods company?
The median Dividend Payout Ratio among Consumer Packaged Goods companies is 0.44, based on 999 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. Associated British Foods's current Dividend Payout Ratio of 0.67 is 52.3% 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 Associated British Foods and its competitors. For the Consumer Packaged Goods industry, the median Dividend Payout Ratio is 0.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Associated British Foods's current Dividend Payout Ratio is 0.67, which is 109% above median its own 10-year median of 0.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Associated British Foods stock overvalued right now?
Based on GuruFocus' analysis, Associated British Foods (ASBFY) is currently considered Modestly Undervalued. The stock's GF Value™ is $30.35, compared to a current price of $26.35 — trading 13.2% below its estimated fair value. The current Dividend Payout Ratio is 0.67, which is 109% above median its 10-year median of 0.32 and 52.3% above the Consumer Packaged Goods industry median of 0.44. Associated British Foods' overall GF Score™ is 83/100 with 2 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 Associated British Foods (ASBFY), the current Dividend Payout Ratio is 0.67 as of Feb. 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 Associated British Foods (ASBFY) Overvalued in 2026?
Based on GuruFocus' analysis, Associated British Foods stock appears to be undervalued.
The current stock price of $26.35 is trading 13.2% below its estimated GF Value™ of $30.35.
GuruFocus considers Associated British Foods to be Modestly Undervalued.
Key valuation signals for ASBFY:
Dividend Payout Ratio: 0.67 (109% above median its 10-year median of 0.32)
GF Value™: $30.35 vs. price of $26.35 (13.2% below fair value)
Industry Position: 52.3% above the Consumer Packaged Goods median (#488 of 999)
No single metric tells the full story. See the ASBFY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Associated British Foods is a diversified international food, ingredients, and retail group with 138,000 employees and operations in 56 countries across Europe, Africa, the Americas, Asia, and Australia. The group sells branded groceries, grows and processes sugar, supplies farmers with crop input and animal feed, and runs the multinational Primark clothing retail chain. It also supplies ingredients like bakers' yeast, enzymes, lipids, and cereal specialties. In fiscal 2025, approximately 36% of sales came from the UK, and Primark accounted for around 60% of operating profit.On April 21, 2026, ABF announced it plans to separate Primark and the food businesses. Subject to approvals, the demerger is expected to become effective at the end of 2027.
83GF Score
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