TPG Telecom (ASX:TPG) Dividend Payout Ratio: 8.18 (As of Dec. 2025) — 1198% Above Median

What is TPG Telecom Dividend Payout Ratio?

TPG Telecom ASX:TPG -0.82% 66 Dividend Payout Ratio is 8.18 as of Dec. 2025, which is 1198% above its 10-year median of 0.63. GuruFocus rates ASX:TPG with a GF Score™ of 66/100 and a GF Value™ of A$4.52 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 191 Telecommunication Services companies, TPG Telecom ranks worse than 97.91% 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. TPG Telecom's Dividend Payout Ratio for the months ended in Dec. 2025 was 8.18.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of TPG Telecom Ltd is 6.43, which seems too high.

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

ASX:TPG' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.09 Med: 0.63 Max: 6.43
Current: 6.43

During the past 13 years, the highest Dividend Payout Ratio of TPG Telecom was 6.43. The lowest was 0.09. And the median was 0.63.

ASX:TPG's Dividend Payout Ratio is ranked worse than
97.91% of 191 companies
in the Telecommunication Services industry
Industry Median: 0.53 vs ASX:TPG: 6.43

As of today (2026-07-05), the Dividend Yield % of TPG Telecom is 4.99%.

During the past 13 years, the highest Trailing Annual Dividend Yield of TPG Telecom was 4.99%. The lowest was 0.45%. And the median was 2.75%.

TPG Telecom's Dividends per Share for the months ended in Dec. 2025 was A$0.09.

During the past 3 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 TPG Telecom was 127.20% per year. The lowest was -39.20% per year. And the median was 26.00% 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.

TPG Telecom (ASX:TPG) 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.

TPG Telecom Dividend Payout Ratio Related Terms

TPG Telecom Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for TPG Telecom'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.

TPG Telecom Dividend Payout Ratio Chart

TPG Telecom Annual Data

Trend

Jul16

Jul17

Jul18

Jul19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

Dividend Payout Ratio

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2.58

0.63

5.46

4.74

6.43

TPG Telecom Semi-Annual Data
	Jan16	Jul16	Jan17	Jul17	Jan18	Jul18	Jan19	Jul19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24	Jun25	Dec25
Dividend Payout Ratio	Get a 7-Day Free Trial															0.00	5.63	0.00	5.29	8.18

ASX:TPG vs TMUS, VZ, T: Dividend Payout Ratio Comparison

For the Telecom Services subindustry, TPG Telecom'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.

TPG Telecom Dividend Payout Ratio vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, TPG Telecom's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where TPG Telecom's Dividend Payout Ratio falls into.

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66GF Score

TPG Telecom Ltd ASX:TPG

Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.

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TPG Telecom Dividend Payout Ratio Calculation

TPG Telecom's Dividend Payout Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2025 )	/	EPS without NRI (A: Dec. 2025 )
	=	0.18	/	0.028
	=	6.43

TPG Telecom'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 )
	=	0.09	/	0.011
	=	8.18

Frequently Asked Questions Learn more about Dividend Payout Ratio →

What does a Dividend Payout Ratio of 8.18 mean?

TPG Telecom (ASX:TPG) has a Dividend Payout Ratio of 8.18 as of Dec. 2025. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on TPG Telecom and its competitors. This is 1198% above median its historical median of 0.63. Over the past decade, TPG Telecom's Dividend Payout Ratio has ranged from 0.09 to 6.43. According to the industry distribution chart, TPG Telecom ranks #187 out of 191 companies in the Telecommunication Services industry, placing it in the top 97.9%.

Is TPG Telecom's Dividend Payout Ratio too high?

TPG Telecom's current Dividend Payout Ratio of 8.18 is 1198% above median its 10-year median of 0.63. Over the past 10 years, this metric has ranged from a low of 0.09 to a high of 6.43. The Telecommunication Services industry median Dividend Payout Ratio is 0.53. TPG Telecom's value of 8.18 is 1443.4% above this industry median. Based on the distribution chart, TPG Telecom ranks #187 out of 191 companies in the Telecommunication Services industry, which is in the bottom quartile relative to peers. Overall, TPG Telecom has a GF Score™ of 66/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.

How does TPG Telecom's Dividend Payout Ratio compare to TMUS and VZ?

According to the Telecommunication Services industry distribution chart, TPG Telecom ranks #187 out of 191 companies for Dividend Payout Ratio. This places TPG Telecom in the lower half of its industry. The industry median Dividend Payout Ratio is 0.53. TPG Telecom's value of 8.18 is 1443.4% above this benchmark. Historically, TPG Telecom's own Dividend Payout Ratio has ranged from 0.09 to 6.43 over the past decade. While the company's 10-year median is 0.63 vs. the industry median of 0.53, TPG Telecom 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 Telecommunication Services company?

The median Dividend Payout Ratio among Telecommunication Services companies is 0.53, based on 191 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. TPG Telecom's current Dividend Payout Ratio of 8.18 is 1443.4% 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 TPG Telecom and its competitors. For the Telecommunication Services industry, the median Dividend Payout Ratio is 0.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TPG Telecom's current Dividend Payout Ratio is 8.18, which is 1198% above median its own 10-year median of 0.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is TPG Telecom stock overvalued right now?

Based on GuruFocus' analysis, TPG Telecom (ASX:TPG) is currently considered Modestly Undervalued. The stock's GF Value™ is A$4.52, compared to a current price of A$3.61 — trading 20.1% below its estimated fair value. The current Dividend Payout Ratio is 8.18, which is 1198% above median its 10-year median of 0.63 and 1443.4% above the Telecommunication Services industry median of 0.53. TPG Telecom's overall GF Score™ is 66/100 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 TPG Telecom (ASX:TPG), the current Dividend Payout Ratio is 8.18 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 TPG Telecom (ASX:TPG) Overvalued in 2026?

Based on GuruFocus' analysis, TPG Telecom stock appears to be undervalued. The current stock price of A$3.61 is trading 20.1% below its estimated GF Value™ of A$4.52. GuruFocus considers TPG Telecom to be Modestly Undervalued.

Key valuation signals for ASX:TPG:

Dividend Payout Ratio: 8.18 (1198% above median its 10-year median of 0.63)
GF Value™: A$4.52 vs. price of A$3.61 (20.1% below fair value)
GF Score™: 66/100 with 6 warning signs
Industry Position: 1443.4% above the Telecommunication Services median (#187 of 191)

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

TPG Telecom Business Description

Industry Communication Services Telecommunication Services

Comparable Companies ASX:SLC ASX:ABB ASX:TUA ASX:SWP ASX:FRX ASX:SPA ASX:NOR ASX:5GG ASX:HFY TSE:9984 SHSE:600941 TMUS VZ T XTER:DTE NSE:BHARTIARTL CMCSA MEX:AMXB TSE:9432 HKSE:00728

Other Exchanges TPGTF:USA

Address 200 Barangaroo Avenue, Level 27, Tower Two, International Towers Sydney, Barangaroo, NSW, AUS, 2000

Website https://www.tpgtelecom.com.au

TPG Telecom is Australia's third-largest telecom services company. It offers mobile, fixed-line broadband and telephony solutions. The group's mobile business caters to all market segments spanning consumer, small business, corporate, wholesale, and government. TPG Telecom has grown substantially since listing on the ASX in 2008, via organic growth and acquisitions, and culminated with the July 2020 Vodafone Hutchison Australia merger, the third-ranked mobile network operator in Australia. It owns an extensive stable of infrastructure assets, including a nationwide mobile network that is upgrading to 5G wireless. In July 2025, TPG sold its fiber assets for AUD 5.3 billion to Vocus.

66GF Score

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

A$3.61

Price

A$4.52

GF Value

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