Tegma Gestao Logistica (BSP:TGMA3) Dividend Payout Ratio: 2.91 (As of Mar. 2026) — 460% Above Median


BSP:TGMA3 Tegma Gestao Logistica SA BSP:TGMA3
93 GF Score
Price R$30.33
GF Value R$37.71
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Tegma Gestao Logistica Dividend Payout Ratio?

Tegma Gestao Logistica BSP:TGMA3 +1.78% 93 Dividend Payout Ratio is 2.91 as of Mar. 2026, which is 460% above its 10-year median of 0.52. GuruFocus rates BSP:TGMA3 with a GF Score™ of 93/100 and a GF Value™ of R$37.71 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 564 Transportation companies, Tegma Gestao Logistica ranks worse than 92.02% 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. Tegma Gestao Logistica's Dividend Payout Ratio for the months ended in Mar. 2026 was 2.91.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Tegma Gestao Logistica SA is 1.30, which seems too high.

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

BSP:TGMA3' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.21   Med: 0.52   Max: 1.3
Current: 1.3


During the past 13 years, the highest Dividend Payout Ratio of Tegma Gestao Logistica was 1.30. The lowest was 0.21. And the median was 0.52.

BSP:TGMA3's Dividend Payout Ratio is ranked worse than
92.02% of 564 companies
in the Transportation industry
Industry Median: 0.445 vs BSP:TGMA3: 1.30

As of today (2026-07-02), the Dividend Yield % of Tegma Gestao Logistica is 12.66%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Tegma Gestao Logistica was 14.93%. The lowest was 0.58%. And the median was 5.10%.

Tegma Gestao Logistica's Dividends per Share for the months ended in Mar. 2026 was R$1.52.

During the past 12 months, Tegma Gestao Logistica's average Dividends Per Share Growth Rate was 63.50% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 37.40% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 52.90% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Tegma Gestao Logistica was 147.00% per year. The lowest was -52.90% per year. And the median was 8.10% 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.


Tegma Gestao Logistica (BSP:TGMA3) 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.


Tegma Gestao Logistica Dividend Payout Ratio Related Terms


Tegma Gestao Logistica Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Tegma Gestao Logistica'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.

Tegma Gestao Logistica Dividend Payout Ratio Chart

Tegma Gestao Logistica Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.52 0.49 0.70 0.71 0.91

Tegma Gestao Logistica 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.58 1.12 1.44 2.91

BSP:TGMA3 vs ODFL, XPO, KNX: Dividend Payout Ratio Comparison

For the Trucking subindustry, Tegma Gestao Logistica'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.


Tegma Gestao Logistica Dividend Payout Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, Tegma Gestao Logistica's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Tegma Gestao Logistica's Dividend Payout Ratio falls into.


BSP:TGMA3
93GF Score
Tegma Gestao Logistica SA BSP:TGMA3
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tegma Gestao Logistica 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.

Tegma Gestao Logistica'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 )
=2.91/ 3.21
=0.91

Tegma Gestao Logistica'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 )
=1.52/ 0.522
=2.91

* 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.

Frequently Asked Questions Learn more about Dividend Payout Ratio →
What does a Dividend Payout Ratio of 2.91 mean?
Tegma Gestao Logistica (BSP:TGMA3) has a Dividend Payout Ratio of 2.91 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Tegma Gestao Logistica and its competitors. This is 460% above median its historical median of 0.52. Over the past decade, Tegma Gestao Logistica's Dividend Payout Ratio has ranged from 0.21 to 1.30. According to the industry distribution chart, Tegma Gestao Logistica ranks #519 out of 564 companies in the Transportation industry, placing it in the top 92%.
Is Tegma Gestao Logistica's Dividend Payout Ratio too high?
Tegma Gestao Logistica's current Dividend Payout Ratio of 2.91 is 460% above median its 10-year median of 0.52. Over the past 10 years, this metric has ranged from a low of 0.21 to a high of 1.30. The Transportation industry median Dividend Payout Ratio is 0.45. Tegma Gestao Logistica's value of 2.91 is 553.9% above this industry median. Based on the distribution chart, Tegma Gestao Logistica ranks #519 out of 564 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Tegma Gestao Logistica has a GF Score™ of 93/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tegma Gestao Logistica's Dividend Payout Ratio compare to ODFL and XPO?
According to the Transportation industry distribution chart, Tegma Gestao Logistica ranks #519 out of 564 companies for Dividend Payout Ratio. This places Tegma Gestao Logistica in the lower half of its industry. The industry median Dividend Payout Ratio is 0.45. Tegma Gestao Logistica's value of 2.91 is 553.9% above this benchmark. Historically, Tegma Gestao Logistica's own Dividend Payout Ratio has ranged from 0.21 to 1.30 over the past decade. While the company's 10-year median is 0.52 vs. the industry median of 0.45, Tegma Gestao Logistica 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 Transportation company?
The median Dividend Payout Ratio among Transportation companies is 0.45, based on 564 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. Tegma Gestao Logistica's current Dividend Payout Ratio of 2.91 is 553.9% 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 Tegma Gestao Logistica and its competitors. For the Transportation industry, the median Dividend Payout Ratio is 0.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tegma Gestao Logistica's current Dividend Payout Ratio is 2.91, which is 460% above median its own 10-year median of 0.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tegma Gestao Logistica stock overvalued right now?
Based on GuruFocus' analysis, Tegma Gestao Logistica (BSP:TGMA3) is currently considered Modestly Undervalued. The stock's GF Value™ is R$37.71, compared to a current price of R$30.33 — trading 19.6% below its estimated fair value. The current Dividend Payout Ratio is 2.91, which is 460% above median its 10-year median of 0.52 and 553.9% above the Transportation industry median of 0.45. Tegma Gestao Logistica's overall GF Score™ is 93/100 with 3 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 Tegma Gestao Logistica (BSP:TGMA3), the current Dividend Payout Ratio is 2.91 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 Tegma Gestao Logistica (BSP:TGMA3) Overvalued in 2026?

Based on GuruFocus' analysis, Tegma Gestao Logistica stock appears to be undervalued. The current stock price of R$30.33 is trading 19.6% below its estimated GF Value™ of R$37.71. GuruFocus considers Tegma Gestao Logistica to be Modestly Undervalued.

Key valuation signals for BSP:TGMA3:

  • Dividend Payout Ratio: 2.91 (460% above median its 10-year median of 0.52)
  • GF Value™: R$37.71 vs. price of R$30.33 (19.6% below fair value)
  • GF Score™: 93/100 with 3 warning signs
  • Industry Position: 553.9% above the Transportation median (#519 of 564)

No single metric tells the full story. See the BSP:TGMA3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tegma Gestao Logistica Business Description

Address Avenue Nicola Demarchi 2000, Bairro Demarchi, Sao Bernardo Do Campo, SP, BRA, 9820-655
Tegma Gestao Logistica SA provides logistics, transportation, and warehouse services in Brazil. The company's operating segments include; Automotive logistics and Integrated logistics. The Automotive Logistics division engages in the transportation of vehicles, as well as management of yard; transfer and distribution of vehicle; storage of vehicles; and provision of pre delivery inspection, and center for automotive/multi-brand services. The Integrated Logistics division provides transportation, storage, inventory management, and similar services. It generates maximum revenue from the Automotive Logistics segment.
93GF Score

Get the complete analysis for BSP:TGMA3

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

R$30.33
Price
R$37.71
GF Value