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. Magazine Luiza's Dividend Payout Ratio for the
months ended in Mar. 2026 was 0.00.
Warning Sign:
If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Magazine Luiza SA is 2.58, which seems too high.
The historical rank and industry rank for Magazine Luiza's Dividend Payout Ratio or its related term are showing as below:
BSP:MGLU3'
s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.17 Med: 0.23 Max: 2.58
Current: 2.58
During the past 13 years, the highest Dividend Payout Ratio of Magazine Luiza was 2.58. The lowest was 0.17. And the median was 0.23.
BSP:MGLU3's Dividend Payout Ratio is ranked worse than 96.88% of 512
companies
in the Retail - Cyclical industry
Industry Median: 0.41
vs BSP:MGLU3: 2.58
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Magazine Luiza was 135.10% per year. The lowest was -5.80% per year. And the median was 46.90% 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.
Magazine Luiza (BSP:MGLU3) 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.
Magazine Luiza Dividend Payout Ratio Related Terms
Magazine Luiza Dividend Payout Ratio Historical Data
* Premium members only.
The historical data trend for Magazine Luiza'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.
BSP:MGLU3 vs CASY, WSM, DKS: Dividend Payout Ratio Comparison
For the Specialty Retail subindustry, Magazine Luiza'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.
Magazine Luiza Dividend Payout Ratio vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Magazine Luiza's Dividend Payout Ratio distribution charts can be found below:
* The bar in red indicates where Magazine Luiza'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.
Magazine Luiza's Dividend Payout Ratio for the fiscal year that ended in Dec. 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.
Magazine Luiza (BSP:MGLU3) has a Dividend Payout Ratio of 0.00 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Magazine Luiza and its competitors. Over the past decade, Magazine Luiza's Dividend Payout Ratio has ranged from 0.17 to 2.58. According to the industry distribution chart, Magazine Luiza ranks #496 out of 512 companies in the Retail - Cyclical industry, placing it in the top 96.9%.
Is Magazine Luiza's Dividend Payout Ratio too high?
Magazine Luiza's current Dividend Payout Ratio is 0.00. Over the past 10 years, this metric has ranged from a low of 0.17 to a high of 2.58. Based on the distribution chart, Magazine Luiza ranks #496 out of 512 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, Magazine Luiza has a GF Score™ of 63/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Magazine Luiza's Dividend Payout Ratio compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, Magazine Luiza ranks #496 out of 512 companies for Dividend Payout Ratio. This places Magazine Luiza in the lower half of its industry. The industry median Dividend Payout Ratio is 0.41. Historically, Magazine Luiza's own Dividend Payout Ratio has ranged from 0.17 to 2.58 over the past decade. 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 Retail - Cyclical company?
The median Dividend Payout Ratio among Retail - Cyclical companies is 0.41, based on 512 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. 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 Magazine Luiza and its competitors. For the Retail - Cyclical industry, the median Dividend Payout Ratio is 0.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Magazine Luiza's current Dividend Payout Ratio is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Magazine Luiza stock overvalued right now?
Based on GuruFocus' analysis, Magazine Luiza (BSP:MGLU3) is currently considered Possible Value Trap. The stock's GF Value™ is R$10.17, compared to a current price of R$4.43 — trading 56.4% below its estimated fair value. The current Dividend Payout Ratio is 0.00. Magazine Luiza's overall GF Score™ is 63/100 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 Magazine Luiza (BSP:MGLU3), the current Dividend Payout Ratio is 0.00 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 Magazine Luiza (BSP:MGLU3) Overvalued in 2026?
Based on GuruFocus' analysis, Magazine Luiza stock appears to be undervalued.
The current stock price of R$4.43 is trading 56.4% below its estimated GF Value™ of R$10.17.
GuruFocus considers Magazine Luiza to be Possible Value Trap.
Key valuation signals for BSP:MGLU3:
Dividend Payout Ratio: 0.00
GF Value™: R$10.17 vs. price of R$4.43 (56.4% below fair value)
No single metric tells the full story. See the BSP:MGLU3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Magazine Luiza SA is engaged in retail sales, through physical stores, e-commerce, and its SuperApp, which is an application that offers products and services from its subsidiaries, as well as from commercial partners (sellers) through the marketplace platform. Its operations include four segments, Retail segment: substantially resale of goods and services in the Company's stores, electronic commerce, and food delivery management platform; Financial operations: through the joint venture Luizacred, whose main purpose is to provide credit to the Company's customers for the purchase of products; Insurance operations, and Other services. The company derives maximum revenue from the Retail segment.
63GF Score
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Dividend Payout Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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