Azzas 2154 (BSP:AZZA3) Dividend Payout Ratio: 8.34 (As of Mar. 2026) — 1314% Above Median

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Azzas 2154 SA BSP:AZZA3

79 GF Score

Price R$18.59

GF Value R$50.98

Valuation Possible Value Trap

10 Warning Signs

View Full Analysis

What is Azzas 2154 Dividend Payout Ratio?

Azzas 2154 BSP:AZZA3 +0.32% 79 Dividend Payout Ratio is 8.34 as of Mar. 2026, which is 1314% above its 10-year median of 0.59. GuruFocus rates BSP:AZZA3 with a GF Score™ of 79/100 and a GF Value™ of R$50.98 (Possible Value Trap). The stock has 10 warning signs investors should review. Among 413 Manufacturing - Apparel & Accessories companies, Azzas 2154 ranks worse than 56.17% 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. Azzas 2154's Dividend Payout Ratio for the months ended in Mar. 2026 was 8.34.

The historical rank and industry rank for Azzas 2154's Dividend Payout Ratio or its related term are showing as below:

BSP:AZZA3' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.19 Med: 0.59 Max: 0.86
Current: 0.51

During the past 13 years, the highest Dividend Payout Ratio of Azzas 2154 was 0.86. The lowest was 0.19. And the median was 0.59.

BSP:AZZA3's Dividend Payout Ratio is ranked worse than
56.17% of 413 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.44 vs BSP:AZZA3: 0.51

As of today (2026-07-20), the Dividend Yield % of Azzas 2154 is 13.32%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Azzas 2154 was 14.45%. The lowest was 0.11%. And the median was 2.45%.

Azzas 2154's Dividends per Share for the months ended in Mar. 2026 was R$1.59.

During the past 12 months, Azzas 2154's average Dividends Per Share Growth Rate was 121.90% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -13.60% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 10.70% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 2.80% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Azzas 2154 was 53.80% per year. The lowest was -28.90% 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.

Azzas 2154 (BSP:AZZA3) 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.

Azzas 2154 Dividend Payout Ratio Related Terms

Azzas 2154 Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Azzas 2154'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.

Azzas 2154 Dividend Payout Ratio Chart

Azzas 2154 Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

Dividend Payout Ratio

Get a 7-Day Free Trial

0.27

0.37

0.55

0.36

0.19

Azzas 2154 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															0.00	0.00	0.00	1.44	8.34

BSP:AZZA3 vs NKE, DECK, ONON: Dividend Payout Ratio Comparison

For the Footwear & Accessories subindustry, Azzas 2154'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.

Azzas 2154 Dividend Payout Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Azzas 2154's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Azzas 2154's Dividend Payout Ratio falls into.

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79GF Score

Azzas 2154 SA BSP:AZZA3

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

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Azzas 2154 Dividend Payout Ratio Calculation

Azzas 2154'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 )
	=	0.891	/	4.585
	=	0.19

Azzas 2154'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 )
	=	1.585	/	0.19
	=	8.34

Frequently Asked Questions Learn more about Dividend Payout Ratio →

What does a Dividend Payout Ratio of 8.34 mean?

Azzas 2154 (BSP:AZZA3) has a Dividend Payout Ratio of 8.34 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Azzas 2154 and its competitors. This is 1314% above median its historical median of 0.59. Over the past decade, Azzas 2154's Dividend Payout Ratio has ranged from 0.19 to 0.86. According to the industry distribution chart, Azzas 2154 ranks #232 out of 413 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 56.2%.

Is Azzas 2154's Dividend Payout Ratio too high?

Azzas 2154's current Dividend Payout Ratio of 8.34 is 1314% above median its 10-year median of 0.59. Over the past 10 years, this metric has ranged from a low of 0.19 to a high of 0.86. The Manufacturing - Apparel & Accessories industry median Dividend Payout Ratio is 0.44. Azzas 2154's value of 8.34 is 1795.5% above this industry median. Based on the distribution chart, Azzas 2154 ranks #232 out of 413 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Azzas 2154 has a GF Score™ of 79/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.

How does Azzas 2154's Dividend Payout Ratio compare to NKE and DECK?

According to the Manufacturing - Apparel & Accessories industry distribution chart, Azzas 2154 ranks #232 out of 413 companies for Dividend Payout Ratio. This places Azzas 2154 in the lower half of its industry. The industry median Dividend Payout Ratio is 0.44. Azzas 2154's value of 8.34 is 1795.5% above this benchmark. Historically, Azzas 2154's own Dividend Payout Ratio has ranged from 0.19 to 0.86 over the past decade. While the company's 10-year median is 0.59 vs. the industry median of 0.44, Azzas 2154 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 Manufacturing - Apparel & Accessories company?

The median Dividend Payout Ratio among Manufacturing - Apparel & Accessories companies is 0.44, based on 413 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. Azzas 2154's current Dividend Payout Ratio of 8.34 is 1795.5% 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 Azzas 2154 and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Dividend Payout Ratio is 0.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Azzas 2154's current Dividend Payout Ratio is 8.34, which is 1314% above median its own 10-year median of 0.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Azzas 2154 stock overvalued right now?

Based on GuruFocus' analysis, Azzas 2154 (BSP:AZZA3) is currently considered Possible Value Trap. The stock's GF Value™ is R$50.98, compared to a current price of R$18.59 — trading 63.5% below its estimated fair value. The current Dividend Payout Ratio is 8.34, which is 1314% above median its 10-year median of 0.59 and 1795.5% above the Manufacturing - Apparel & Accessories industry median of 0.44. Azzas 2154's overall GF Score™ is 79/100 with 10 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 Azzas 2154 (BSP:AZZA3), the current Dividend Payout Ratio is 8.34 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 Azzas 2154 (BSP:AZZA3) Overvalued in 2026?

Based on GuruFocus' analysis, Azzas 2154 stock appears to be undervalued. The current stock price of R$18.59 is trading 63.5% below its estimated GF Value™ of R$50.98. GuruFocus considers Azzas 2154 to be Possible Value Trap.

Key valuation signals for BSP:AZZA3:

Dividend Payout Ratio: 8.34 (1314% above median its 10-year median of 0.59)
GF Value™: R$50.98 vs. price of R$18.59 (63.5% below fair value)
GF Score™: 79/100 with 10 warning signs
Industry Position: 1795.5% above the Manufacturing - Apparel & Accessories median (#232 of 413)

No single metric tells the full story. See the BSP:AZZA3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Azzas 2154 Business Description

Industry Consumer Cyclical Manufacturing - Apparel & Accessories

Comparable Companies BSP:GRND3 BSP:VULC3 BSP:ALPA3 NKE XTER:ADS TSE:7936 DECK ONON BIRK SHSE:600415 CROX SZSE:300979 XTER:PUM TSE:8050 TSE:7762 SHOO HKSE:00551 HKSE:01440 TPE:9904 HKSE:01910

Address Rua Fernandes Tourinho, 147 - sala 402, Rooms 1301 and 130, Belo Horizonte, MG, BRA, 30112000

Website https://www.azzas2154.com.br

Azzas 2154 SA, along with its subsidiaries, is engaged in the manufacturing, development, modeling and retail and wholesale trade of footwear, handbags, accessories and clothing for the women's, men's and democratic markets, particularly the women's market. The company also operates an online sales channel that makes available products of the brands Arezzo, Schutz, Anacapri, Alexandre Birman, Vans, Vicenza, Farm Rio, Animale, NV, Cris Barros, Maria Filó, Carol Bassi, Fábula, Off Premium, Reserva, Oficina, Foxton, Reserva Mini, Reserva Go, Reserva Ink, Hering, Hering Kids, Hering Sports, Hering Shoes and Hering Intimates. The majority of the company's revenue is derived from the sales of its products.

79GF Score

Get the complete analysis for BSP:AZZA3

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

R$18.59

Price

R$50.98

GF Value

View BSP:AZZA3 Analysis

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