QualitasASX:QAL -2.27%62 Dividend Payout Ratio is 1.09 as of Dec. 2025, which is 38% above its 10-year median of 0.79. GuruFocus rates ASX:QAL with a GF Score™ of 62/100 and a GF Value™ of A$3.18 (Fairly Valued). The stock has 2 warning signs investors should review. Among 935 Asset Management companies, Qualitas ranks worse than 54.55% 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. Qualitas's Dividend Payout Ratio for the
months ended in Dec. 2025 was 1.09.
Warning Sign:
If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Qualitas Ltd is 0.79, which seems too high.
The historical rank and industry rank for Qualitas's Dividend Payout Ratio or its related term are showing as below:
ASX:QAL'
s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.74 Med: 0.79 Max: 0.89
Current: 0.79
During the past 5 years, the highest Dividend Payout Ratio of Qualitas was 0.89. The lowest was 0.74. And the median was 0.79.
ASX:QAL's Dividend Payout Ratio is ranked worse than 54.55% of 935
companies
in the Asset Management industry
Industry Median: 0.71
vs ASX:QAL: 0.79
During the past 12 months, Qualitas's average Dividends Per Share Growth Rate was 23.50% 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.
Qualitas (ASX:QAL) 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.
Qualitas Dividend Payout Ratio Related Terms
Qualitas Dividend Payout Ratio Historical Data
* Premium members only.
The historical data trend for Qualitas'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.
ASX:QAL vs BLK, BX, KKR: Dividend Payout Ratio Comparison
For the Asset Management subindustry, Qualitas'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.
Qualitas Dividend Payout Ratio vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Qualitas's Dividend Payout Ratio distribution charts can be found below:
* The bar in red indicates where Qualitas's Dividend Payout Ratio falls into.
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.
Qualitas's Dividend Payout Ratio for the fiscal year that ended in Jun. 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.
Qualitas (ASX:QAL) has a Dividend Payout Ratio of 1.09 as of Dec. 2025. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Qualitas and its competitors. This is 38% above median its historical median of 0.79. Over the past decade, Qualitas' Dividend Payout Ratio has ranged from 0.74 to 0.89. According to the industry distribution chart, Qualitas ranks #510 out of 935 companies in the Asset Management industry, placing it in the top 54.5%.
Is Qualitas' Dividend Payout Ratio too high?
Qualitas' current Dividend Payout Ratio of 1.09 is 38% above median its 10-year median of 0.79. Over the past 10 years, this metric has ranged from a low of 0.74 to a high of 0.89. The Asset Management industry median Dividend Payout Ratio is 0.71. Qualitas' value of 1.09 is 53.5% above this industry median. Based on the distribution chart, Qualitas ranks #510 out of 935 companies in the Asset Management industry, which is below the industry midpoint. Overall, Qualitas has a GF Score™ of 62/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Qualitas' Dividend Payout Ratio compare to BLK and BX?
According to the Asset Management industry distribution chart, Qualitas ranks #510 out of 935 companies for Dividend Payout Ratio. This places Qualitas in the lower half of its industry. The industry median Dividend Payout Ratio is 0.71. Qualitas' value of 1.09 is 53.5% above this benchmark. Historically, Qualitas' own Dividend Payout Ratio has ranged from 0.74 to 0.89 over the past decade. While the company's 10-year median is 0.79 vs. the industry median of 0.71, Qualitas 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 an Asset Management company?
The median Dividend Payout Ratio among Asset Management companies is 0.71, based on 935 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. Qualitas's current Dividend Payout Ratio of 1.09 is 53.5% 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 Qualitas and its competitors. For the Asset Management industry, the median Dividend Payout Ratio is 0.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Qualitas's current Dividend Payout Ratio is 1.09, which is 38% above 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 Qualitas stock overvalued right now?
Based on GuruFocus' analysis, Qualitas (ASX:QAL) is currently considered Fairly Valued. The stock's GF Value™ is A$3.18, compared to a current price of A$3.01 — trading 5.3% below its estimated fair value. The current Dividend Payout Ratio is 1.09, which is 38% above median its 10-year median of 0.79 and 53.5% above the Asset Management industry median of 0.71. Qualitas' overall GF Score™ is 62/100 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 Qualitas (ASX:QAL), the current Dividend Payout Ratio is 1.09 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 Qualitas (ASX:QAL) Overvalued in 2026?
Based on GuruFocus' analysis, Qualitas stock appears to be undervalued.
The current stock price of A$3.01 is trading 5.3% below its estimated GF Value™ of A$3.18.
GuruFocus considers Qualitas to be Fairly Valued.
Key valuation signals for ASX:QAL:
Dividend Payout Ratio: 1.09 (38% above median its 10-year median of 0.79)
GF Value™: A$3.18 vs. price of A$3.01 (5.3% below fair value)
Industry Position: 53.5% above the Asset Management median (#510 of 935)
No single metric tells the full story. See the ASX:QAL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Qualitas Ltd is an alternative real estate investment manager focused on private credit and equity across commercial real estate sectors. The Group has identified two operating segments Funds Management and Direct Lending. Maximum revenue is generated from its Funds Management segment which includes all of its core Funds management activities and includes Funds management fees, performance fees, and other fee income. It also includes dividends and distributions from Qualitas' Investment and Direct Lending activities. The Direct Lending segment relates to the interest income and expenses relating to activities undertaken by the company's subsidiaries.
62GF Score
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