AUDC (AudioCodes) Dividend Payout Ratio: 1.43 (As of Mar. 2026) — 393% Above Median

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Valuation Modestly Undervalued

6 Warning Signs

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What is AudioCodes Dividend Payout Ratio?

AudioCodes AUDC -3.77% 71 Dividend Payout Ratio is 1.43 as of Mar. 2026, which is 393% above its 10-year median of 0.29. GuruFocus rates AUDC with a GF Score™ of 71/100 and a GF Value™ of $13.17 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,214 Hardware companies, AudioCodes ranks worse than 64.42% 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. AudioCodes's Dividend Payout Ratio for the months ended in Mar. 2026 was 1.43.

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

AUDC' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.19 Med: 0.29 Max: 0.66
Current: 0.66

During the past 13 years, the highest Dividend Payout Ratio of AudioCodes was 0.66. The lowest was 0.19. And the median was 0.29.

AUDC's Dividend Payout Ratio is ranked worse than
64.42% of 1214 companies
in the Hardware industry
Industry Median: 0.47 vs AUDC: 0.66

As of today (2026-07-22), the Dividend Yield % of AudioCodes is 4.24%.

During the past 13 years, the highest Trailing Annual Dividend Yield of AudioCodes was 5.24%. The lowest was 0.51%. And the median was 1.67%.

AudioCodes's Dividends per Share for the months ended in Mar. 2026 was $0.20.

During the past 12 months, AudioCodes's average Dividends Per Share Growth Rate was 11.10% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 1.80% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 5.80% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of AudioCodes was 18.10% per year. The lowest was 1.80% per year. And the median was 10.10% 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.

AudioCodes (NAS:AUDC) 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.

AudioCodes Dividend Payout Ratio Related Terms

AudioCodes Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for AudioCodes'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.

AudioCodes Dividend Payout Ratio Chart

AudioCodes Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

Dividend Payout Ratio

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0.22

0.27

0.47

0.41

0.62

AudioCodes Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
Dividend Payout Ratio	Get a 7-Day Free Trial															1.20	0.00	1.18	0.00	1.43

AUDC vs CSCO, CIEN, MSI: Dividend Payout Ratio Comparison

For the Communication Equipment subindustry, AudioCodes'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.

AudioCodes Dividend Payout Ratio vs Hardware Industry

For the Hardware industry and Technology sector, AudioCodes's Dividend Payout Ratio distribution charts can be found below:

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

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71GF Score

AudioCodes Ltd AUDC

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

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AudioCodes Dividend Payout Ratio Calculation

AudioCodes'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 )
	=	0.38	/	0.61
	=	0.62

AudioCodes's Dividend Payout Ratio for the quarter that ended in Mar. 2026 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Mar. 2026 )	/	EPS without NRI (Q: Mar. 2026 )
	=	0.2	/	0.14
	=	1.43

Frequently Asked Questions Learn more about Dividend Payout Ratio →

What does a Dividend Payout Ratio of 1.43 mean?

AudioCodes (AUDC) has a Dividend Payout Ratio of 1.43 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on AudioCodes and its competitors. This is 393% above median its historical median of 0.29. Over the past decade, AudioCodes' Dividend Payout Ratio has ranged from 0.19 to 0.66. According to the industry distribution chart, AudioCodes ranks #782 out of 1214 companies in the Hardware industry, placing it in the top 64.4%.

Is AudioCodes' Dividend Payout Ratio too high?

AudioCodes' current Dividend Payout Ratio of 1.43 is 393% above median its 10-year median of 0.29. Over the past 10 years, this metric has ranged from a low of 0.19 to a high of 0.66. The Hardware industry median Dividend Payout Ratio is 0.47. AudioCodes' value of 1.43 is 204.3% above this industry median. Based on the distribution chart, AudioCodes ranks #782 out of 1214 companies in the Hardware industry, which is below the industry midpoint. Overall, AudioCodes has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.

How does AudioCodes' Dividend Payout Ratio compare to CSCO and CIEN?

According to the Hardware industry distribution chart, AudioCodes ranks #782 out of 1214 companies for Dividend Payout Ratio. This places AudioCodes in the lower half of its industry. The industry median Dividend Payout Ratio is 0.47. AudioCodes' value of 1.43 is 204.3% above this benchmark. Historically, AudioCodes' own Dividend Payout Ratio has ranged from 0.19 to 0.66 over the past decade. While the company's 10-year median is 0.29 vs. the industry median of 0.47, AudioCodes 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 Hardware company?

The median Dividend Payout Ratio among Hardware companies is 0.47, based on 1,214 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. AudioCodes's current Dividend Payout Ratio of 1.43 is 204.3% 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 AudioCodes and its competitors. For the Hardware industry, the median Dividend Payout Ratio is 0.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AudioCodes's current Dividend Payout Ratio is 1.43, which is 393% above median its own 10-year median of 0.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is AudioCodes stock overvalued right now?

Based on GuruFocus' analysis, AudioCodes (AUDC) is currently considered Modestly Undervalued. The stock's GF Value™ is $13.17, compared to a current price of $9.50 — trading 27.9% below its estimated fair value. The current Dividend Payout Ratio is 1.43, which is 393% above median its 10-year median of 0.29 and 204.3% above the Hardware industry median of 0.47. AudioCodes' overall GF Score™ is 71/100 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 AudioCodes (AUDC), the current Dividend Payout Ratio is 1.43 as of Mar. 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 AudioCodes (AUDC) Overvalued in 2026?

Based on GuruFocus' analysis, AudioCodes stock appears to be undervalued. The current stock price of $9.50 is trading 27.9% below its estimated GF Value™ of $13.17. GuruFocus considers AudioCodes to be Modestly Undervalued.

Key valuation signals for AUDC:

Dividend Payout Ratio: 1.43 (393% above median its 10-year median of 0.29)
GF Value™: $13.17 vs. price of $9.50 (27.9% below fair value)
GF Score™: 71/100 with 6 warning signs
Industry Position: 204.3% above the Hardware median (#782 of 1214)

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

AudioCodes Business Description

Industry Technology Hardware

Comparable Companies XTAE:CMER XTAE:JEEN XTAE:RPAC CSCO SZSE:300308 SHSE:601138 SZSE:300502 OHEL:NOKIA CIEN MSI LITE HPE SZSE:300394 HKSE:06869 TPE:2345 SHSE:600487 OSTO:ERIC B UI SZSE:002281 SZSE:000063

Other Exchanges AUDC:Israel AU1:Germany

Address 6 Ofra Haza Street, Park Naimi Building A, Or Yehuda, ISR, 6032303

Website https://www.audiocodes.com

AudioCodes Ltd provides voice communications solutions for enterprises, contact centers, and service providers, including voice infrastructure, cloud-based platforms, and Voice AI applications. Its AudioCodes Live Platform is a cloud-based service delivery platform that enables provisioning, management, and operation of voice and AI-based communication services, including PSTN connectivity and integration with platforms such as Microsoft Teams, Webex Calling, and Zoom Phone. The company's solutions are organized into three layers: voice infrastructure and devices, cloud-based platforms, and Voice AI applications for contact center and productivity use cases. It also offers management tools such as One Voice Operations Center (OVOC), Device Manager, and AudioCodes Routing Manager (ARM).

71GF Score

Get the complete analysis for AUDC

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

$9.50

Price

$13.17

GF Value

View AUDC Analysis

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