Heartland Group Holdings (ASX:HGH) Dividend Payout Ratio: 0.38 (As of Dec. 2025) — 52% Below Median


ASX:HGH Heartland Group Holdings Ltd ASX:HGH
49 GF Score
Price A$0.99
GF Value A$0.91
Valuation Fairly Valued
! 6 Warning Signs
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What is Heartland Group Holdings Dividend Payout Ratio?

Heartland Group Holdings ASX:HGH 49 Dividend Payout Ratio is 0.38 as of Dec. 2025, which is 52% below its 10-year median of 0.79. GuruFocus rates ASX:HGH with a GF Score™ of 49/100 and a GF Value™ of A$0.91 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,170 Banks companies, Heartland Group Holdings ranks worse than 70.26% 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. Heartland Group Holdings's Dividend Payout Ratio for the months ended in Dec. 2025 was 0.38.

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

ASX:HGH' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.27   Med: 0.79   Max: 1.22
Current: 0.45

During the past 13 years, the highest Dividend Payout Ratio of Heartland Group Holdings was 1.22. The lowest was 0.27. And the median was 0.79.

ASX:HGH's Dividend Payout Ratio is ranked worse than
70.26% of 1170 companies
in the Banks industry
Industry Median: 0.32 vs ASX:HGH: 0.45

As of today (2026-07-02), the Dividend Yield % of Heartland Group Holdings is 4.82%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Heartland Group Holdings was 13.42%. The lowest was 1.85%. And the median was 6.15%.

Heartland Group Holdings's Dividends per Share for the months ended in Dec. 2025 was A$0.02.

During the past 12 months, Heartland Group Holdings's average Dividends Per Share Growth Rate was -42.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -25.70% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -7.30% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Heartland Group Holdings was 53.10% per year. The lowest was -25.70% per year. And the median was 7.65% 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.

Heartland Group Holdings (ASX:HGH) 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.

Heartland Group Holdings Dividend Payout Ratio Related Terms

Heartland Group Holdings Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Heartland 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.

Heartland Group Holdings Dividend Payout Ratio Chart

Heartland Group Holdings Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.43 0.78 0.86 0.99 1.34

Heartland Group Holdings Semi-Annual Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 1.15 0.84 8.00 0.54 0.38

ASX:HGH vs PNC, USB: Dividend Payout Ratio Comparison

For the Banks - Regional subindustry, Heartland 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.

Heartland Group Holdings Dividend Payout Ratio vs Banks Industry

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

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


ASX:HGH
49GF Score
Heartland Group Holdings Ltd ASX:HGH
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Heartland 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.

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

Dividend Payout Ratio=Dividends per Share (A: Jun. 2025 )/ EPS without NRI (A: Jun. 2025 )
=0.051/ 0.038
=1.34

Heartland Group Holdings's Dividend Payout Ratio for the quarter that ended in Dec. 2025 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2025 )/ EPS without NRI (Q: Dec. 2025 )
=0.017/ 0.045
=0.38

* 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 0.38 mean?
Heartland Group Holdings (ASX:HGH) has a Dividend Payout Ratio of 0.38 as of Dec. 2025. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Heartland Group Holdings and its competitors. This is 52% below median its historical median of 0.79. Over the past decade, Heartland Group Holdings' Dividend Payout Ratio has ranged from 0.27 to 1.22. According to the industry distribution chart, Heartland Group Holdings ranks #822 out of 1170 companies in the Banks industry, placing it in the top 70.3%.
Is Heartland Group Holdings' Dividend Payout Ratio too high?
Heartland Group Holdings' current Dividend Payout Ratio of 0.38 is 52% below median its 10-year median of 0.79. Over the past 10 years, this metric has ranged from a low of 0.27 to a high of 1.22. The Banks industry median Dividend Payout Ratio is 0.32. Heartland Group Holdings' value of 0.38 is 18.8% above this industry median. Based on the distribution chart, Heartland Group Holdings ranks #822 out of 1170 companies in the Banks industry, which is below the industry midpoint. Overall, Heartland Group Holdings has a GF Score™ of 49/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Heartland Group Holdings' Dividend Payout Ratio compare to PNC and USB?
According to the Banks industry distribution chart, Heartland Group Holdings ranks #822 out of 1170 companies for Dividend Payout Ratio. This places Heartland Group Holdings in the lower half of its industry. The industry median Dividend Payout Ratio is 0.32. Heartland Group Holdings' value of 0.38 is 18.8% above this benchmark. Historically, Heartland Group Holdings' own Dividend Payout Ratio has ranged from 0.27 to 1.22 over the past decade. While the company's 10-year median is 0.79 vs. the industry median of 0.32, Heartland 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. Heartland Group Holdings's current Dividend Payout Ratio of 0.38 is 18.8% 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 Heartland 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. Heartland Group Holdings's current Dividend Payout Ratio is 0.38, which is 52% below median its own 10-year median of 0.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Heartland Group Holdings stock overvalued right now?
Based on GuruFocus' analysis, Heartland Group Holdings (ASX:HGH) is currently considered Fairly Valued. The stock's GF Value™ is A$0.91, compared to a current price of A$0.99 — trading 8.2% above its estimated fair value. The current Dividend Payout Ratio is 0.38, which is 52% below median its 10-year median of 0.79 and 18.8% above the Banks industry median of 0.32. Heartland Group Holdings' overall GF Score™ is 49/100 with 6 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 Heartland Group Holdings (ASX:HGH), the current Dividend Payout Ratio is 0.38 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 Heartland Group Holdings (ASX:HGH) Overvalued in 2026?

Based on GuruFocus' analysis, Heartland Group Holdings stock appears to be overvalued. The current stock price of A$0.99 is trading 8.2% above its estimated GF Value™ of A$0.91. GuruFocus considers Heartland Group Holdings to be Fairly Valued.

Key valuation signals for ASX:HGH:

  • Dividend Payout Ratio: 0.38 (52% below median its 10-year median of 0.79)
  • GF Value™: A$0.91 vs. price of A$0.99 (8.2% above fair value)
  • GF Score™: 49/100 with 6 warning signs
  • Industry Position: 18.8% above the Banks median (#822 of 1170)

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

Heartland Group Holdings Business Description

Other Exchanges HGH:New Zealand73X:Germany
Address 35 Teed Street, Level 3, Heartland House, 277 Broadway Newmarket, Auckland, NZL, 1023
Heartland Group Holdings Ltd is engaged in the operation of the reverse mortgage. Geographically it operates in both New Zealand and Australia. It offers business loans, rural loans, home loans, car loans , personal lending services and others. Further, it is also involved in saving and deposits activity and also provides internet banking services.
49GF Score

Get the complete analysis for ASX:HGH

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

A$0.99
Price
A$0.91
GF Value