Maroc Telecom (CAS:IAM) Dividend Payout Ratio: 0.33 (As of Dec. 2025) — 63% Below Median


CAS:IAM Maroc Telecom SA CAS:IAM
79 GF Score
Price MAD91.68
GF Value MAD99.47
Valuation Fairly Valued
! 4 Warning Signs
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What is Maroc Telecom Dividend Payout Ratio?

Maroc Telecom CAS:IAM 79 Dividend Payout Ratio is 0.33 as of Dec. 2025, which is 63% below its 10-year median of 0.89. GuruFocus rates CAS:IAM with a GF Score™ of 79/100 and a GF Value™ of MAD99.47 (Fairly Valued). The stock has 4 warning signs investors should review. Among 191 Telecommunication Services companies, Maroc Telecom ranks better than 90.05% 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. Maroc Telecom's Dividend Payout Ratio for the months ended in Dec. 2025 was 0.33.

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

CAS:IAM' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.16   Med: 0.89   Max: 2.2
Current: 0.16

During the past 13 years, the highest Dividend Payout Ratio of Maroc Telecom was 2.20. The lowest was 0.16. And the median was 0.89.

CAS:IAM's Dividend Payout Ratio is ranked better than
90.05% of 191 companies
in the Telecommunication Services industry
Industry Median: 0.53 vs CAS:IAM: 0.16

As of today (2026-06-25), the Dividend Yield % of Maroc Telecom is 1.56%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Maroc Telecom was 5.98%. The lowest was 1.28%. And the median was 4.35%.

Maroc Telecom's Dividends per Share for the months ended in Dec. 2025 was MAD1.43.

During the past 12 months, Maroc Telecom's average Dividends Per Share Growth Rate was -66.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -33.10% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -19.10% per year. During the past 10 years, the average Dividends Per Share Growth Rate was -11.90% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Maroc Telecom was 22.50% per year. The lowest was -33.10% per year. And the median was -4.70% 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.

Maroc Telecom (CAS:IAM) 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.

Maroc Telecom Dividend Payout Ratio Related Terms

Maroc Telecom Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Maroc 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.

Maroc Telecom Dividend Payout Ratio Chart

Maroc Telecom 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 0.51 1.14 0.31 1.32 0.16

Maroc Telecom Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.80 0.00 1.25 0.00 0.33

CAS:IAM vs TMUS, VZ, T: Dividend Payout Ratio Comparison

For the Telecom Services subindustry, Maroc 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.

Maroc Telecom Dividend Payout Ratio vs Telecommunication Services Industry

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

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


CAS:IAM
79GF Score
Maroc Telecom SA CAS:IAM
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Maroc Telecom 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.

Maroc 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 )
=1.43/ 9.038
=0.16

Maroc 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 )
=1.43/ 4.358
=0.33

* 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 0.33 mean?
Maroc Telecom (CAS:IAM) has a Dividend Payout Ratio of 0.33 as of Dec. 2025. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Maroc Telecom and its competitors. This is 63% below median its historical median of 0.89. Over the past decade, Maroc Telecom's Dividend Payout Ratio has ranged from 0.16 to 2.20. According to the industry distribution chart, Maroc Telecom ranks #19 out of 191 companies in the Telecommunication Services industry, placing it in the top 9.9%.
Is Maroc Telecom's Dividend Payout Ratio too high?
Maroc Telecom's current Dividend Payout Ratio of 0.33 is 63% below median its 10-year median of 0.89. Over the past 10 years, this metric has ranged from a low of 0.16 to a high of 2.20. The Telecommunication Services industry median Dividend Payout Ratio is 0.53. Maroc Telecom's value of 0.33 is 37.7% below this industry median. Based on the distribution chart, Maroc Telecom ranks #19 out of 191 companies in the Telecommunication Services industry, which is in the top quartile — a strong position relative to peers. Overall, Maroc Telecom has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Maroc Telecom's Dividend Payout Ratio compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, Maroc Telecom ranks #19 out of 191 companies for Dividend Payout Ratio. This places Maroc Telecom in the top 10% of its industry — outperforming the majority of peers. The industry median Dividend Payout Ratio is 0.53. Maroc Telecom's value of 0.33 is 37.7% below this benchmark. Historically, Maroc Telecom's own Dividend Payout Ratio has ranged from 0.16 to 2.20 over the past decade. While the company's 10-year median is 0.89 vs. the industry median of 0.53, Maroc Telecom has consistently been below 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. Maroc Telecom's current Dividend Payout Ratio of 0.33 is 37.7% below 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 Maroc 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. Maroc Telecom's current Dividend Payout Ratio is 0.33, which is 63% below median its own 10-year median of 0.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maroc Telecom stock overvalued right now?
Based on GuruFocus' analysis, Maroc Telecom (CAS:IAM) is currently considered Fairly Valued. The stock's GF Value™ is MAD99.47, compared to a current price of MAD91.68 — trading 7.8% below its estimated fair value. The current Dividend Payout Ratio is 0.33, which is 63% below median its 10-year median of 0.89 and 37.7% below the Telecommunication Services industry median of 0.53. Maroc Telecom's overall GF Score™ is 79/100 with 4 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 Maroc Telecom (CAS:IAM), the current Dividend Payout Ratio is 0.33 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 Maroc Telecom (CAS:IAM) Overvalued in 2026?

Based on GuruFocus' analysis, Maroc Telecom stock appears to be undervalued. The current stock price of MAD91.68 is trading 7.8% below its estimated GF Value™ of MAD99.47. GuruFocus considers Maroc Telecom to be Fairly Valued.

Key valuation signals for CAS:IAM:

  • Dividend Payout Ratio: 0.33 (63% below median its 10-year median of 0.89)
  • GF Value™: MAD99.47 vs. price of MAD91.68 (7.8% below fair value)
  • GF Score™: 79/100 with 4 warning signs
  • Industry Position: 37.7% below the Telecommunication Services median (#19 of 191)

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

Maroc Telecom Business Description

Other Exchanges IAM:FranceMSPA:Germany
Address Avenue Annakhil, Hay Riad, Rabat, MAR
Maroc Telecom SA telecommunications operator in the Kingdom of Morocco. The company provides a wide range of services covering Fixed-Line and Mobile communications, data transfer, and other value-added services. It operates in the Fixed-Line telephony, Mobile telephony and Internet segments. The Fixed-Line and Mobile operating segments are combined within the Services Division (DGS) and the Networks and Systems Division. The company derives majority revenues from Morocco.
79GF Score

Get the complete analysis for CAS:IAM

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

MAD91.68
Price
MAD99.47
GF Value