Thorney OpportunitiesASX:TOP -0.92%28 Dividend Payout Ratio is 0.42 as of Dec. 2025, which is 121% above its 10-year median of 0.19. GuruFocus rates ASX:TOP with a GF Score™ of 28/100 and a GF Value™ of A$0.96 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 935 Asset Management companies, Thorney Opportunities ranks better than 77.01% 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. Thorney Opportunities's Dividend Payout Ratio for the
months ended in Dec. 2025 was 0.42.
The historical rank and industry rank for Thorney Opportunities's Dividend Payout Ratio or its related term are showing as below:
ASX:TOP'
s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.1 Med: 0.19 Max: 0.55
Current: 0.3
During the past 13 years, the highest Dividend Payout Ratio of Thorney Opportunities was 0.55. The lowest was 0.10. And the median was 0.19.
ASX:TOP's Dividend Payout Ratio is ranked better than 77.01% of 935
companies
in the Asset Management industry
Industry Median: 0.71
vs ASX:TOP: 0.30
During the past 13 years, the highest Trailing Annual Dividend Yield of Thorney Opportunities was 5.68%. The lowest was 1.47%. And the median was 3.74%.
During the past 12 months, Thorney Opportunities's average Dividends Per Share Growth Rate was 3.80% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 2.70% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 6.30% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Thorney Opportunities was 24.10% per year. The lowest was 2.70% per year. And the median was 13.30% 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.
Thorney Opportunities (ASX:TOP) 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.
Thorney Opportunities Dividend Payout Ratio Related Terms
Thorney Opportunities Dividend Payout Ratio Historical Data
* Premium members only.
The historical data trend for Thorney Opportunities'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:TOP vs BLK, BX, KKR: Dividend Payout Ratio Comparison
For the Asset Management subindustry, Thorney Opportunities'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.
Thorney Opportunities Dividend Payout Ratio vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Thorney Opportunities's Dividend Payout Ratio distribution charts can be found below:
* The bar in red indicates where Thorney Opportunities's Dividend Payout Ratio falls into.
Thorney Opportunities 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.
Thorney Opportunities'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.
Thorney Opportunities (ASX:TOP) has a Dividend Payout Ratio of 0.42 as of Dec. 2025. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Thorney Opportunities and its competitors. This is 121% above median its historical median of 0.19. Over the past decade, Thorney Opportunities' Dividend Payout Ratio has ranged from 0.10 to 0.55. According to the industry distribution chart, Thorney Opportunities ranks #215 out of 935 companies in the Asset Management industry, placing it in the top 23%.
Is Thorney Opportunities' Dividend Payout Ratio too high?
Thorney Opportunities' current Dividend Payout Ratio of 0.42 is 121% above median its 10-year median of 0.19. Over the past 10 years, this metric has ranged from a low of 0.10 to a high of 0.55. The Asset Management industry median Dividend Payout Ratio is 0.71. Thorney Opportunities' value of 0.42 is 40.8% below this industry median. Based on the distribution chart, Thorney Opportunities ranks #215 out of 935 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Thorney Opportunities has a GF Score™ of 28/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Thorney Opportunities' Dividend Payout Ratio compare to BLK and BX?
According to the Asset Management industry distribution chart, Thorney Opportunities ranks #215 out of 935 companies for Dividend Payout Ratio. This places Thorney Opportunities in the top 23% of its industry — outperforming the majority of peers. The industry median Dividend Payout Ratio is 0.71. Thorney Opportunities' value of 0.42 is 40.8% below this benchmark. Historically, Thorney Opportunities' own Dividend Payout Ratio has ranged from 0.10 to 0.55 over the past decade. While the company's 10-year median is 0.19 vs. the industry median of 0.71, Thorney Opportunities has consistently been below 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. Thorney Opportunities's current Dividend Payout Ratio of 0.42 is 40.8% below 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 Thorney Opportunities 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. Thorney Opportunities's current Dividend Payout Ratio is 0.42, which is 121% above median its own 10-year median of 0.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thorney Opportunities stock overvalued right now?
Based on GuruFocus' analysis, Thorney Opportunities (ASX:TOP) is currently considered Significantly Undervalued. The stock's GF Value™ is A$0.96, compared to a current price of A$0.54 — trading 43.8% below its estimated fair value. The current Dividend Payout Ratio is 0.42, which is 121% above median its 10-year median of 0.19 and 40.8% below the Asset Management industry median of 0.71. Thorney Opportunities' overall GF Score™ is 28/100 with 1 warning sign 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 Thorney Opportunities (ASX:TOP), the current Dividend Payout Ratio is 0.42 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 Thorney Opportunities (ASX:TOP) Overvalued in 2026?
Based on GuruFocus' analysis, Thorney Opportunities stock appears to be undervalued.
The current stock price of A$0.54 is trading 43.8% below its estimated GF Value™ of A$0.96.
GuruFocus considers Thorney Opportunities to be Significantly Undervalued.
Key valuation signals for ASX:TOP:
Dividend Payout Ratio: 0.42 (121% above median its 10-year median of 0.19)
GF Value™: A$0.96 vs. price of A$0.54 (43.8% below fair value)
Industry Position: 40.8% below the Asset Management median (#215 of 935)
No single metric tells the full story. See the ASX:TOP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Thorney Opportunities Ltd is an investment company that concentrates on producing absolute returns for shareholders over the medium to long term. Its principal activity is making investments in listed and unlisted securities in a variety of sectors, including media, automotive, energy, and pharmaceutical.
28GF Score
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