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Commercial National Financial (MI)CEFC 60 Dividend Payout Ratio is 0.34 as of Dec. 2025, which is 13% below its 10-year median of 0.39. GuruFocus rates CEFC with a GF Score™ of 60/100 and a GF Value™ of $10.26 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,175 Banks companies, Commercial National Financial (MI) ranks worse than 52.26% 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. Commercial National Financial (MI)'s Dividend Payout Ratio for the
months ended in Dec. 2025 was 0.34.
The historical rank and industry rank for Commercial National Financial (MI)'s Dividend Payout Ratio or its related term are showing as below:
CEFC'
s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.28 Med: 0.39 Max: 1.51
Current: 0.34
During the past 13 years, the highest Dividend Payout Ratio of Commercial National Financial (MI) was 1.51. The lowest was 0.28. And the median was 0.39.
CEFC's Dividend Payout Ratio is ranked worse than 52.26% of 1175
companies
in the Banks industry
Industry Median: 0.32
vs CEFC: 0.34
During the past 13 years, the highest Trailing Annual Dividend Yield of Commercial National Financial (MI) was 7.21%. The lowest was 3.72%. And the median was 5.33%.
During the past 10 years, the average Dividends Per Share Growth Rate was 0.30% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Commercial National Financial (MI) was 31.80% per year. The lowest was -6.50% per year. And the median was 0.40% 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.
Commercial National Financial (MI) (OTCPK:CEFC) 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.
Commercial National Financial (MI) Dividend Payout Ratio Related Terms
Commercial National Financial (MI) Dividend Payout Ratio Historical Data
* 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.
Commercial National Financial (MI) Dividend Payout Ratio Chart
CEFC vs FMFG, BAOB, LFGP: Dividend Payout Ratio Comparison
For the Banks - Regional subindustry, Commercial National Financial (MI)'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.
Commercial National Financial (MI) Dividend Payout Ratio vs Banks Industry
For the Banks industry and Financial Services sector, Commercial National Financial (MI)'s Dividend Payout Ratio distribution charts can be found below:
* The bar in red indicates where Commercial National Financial (MI)'s Dividend Payout Ratio falls into.
Commercial National Financial (MI) 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.
* 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.
Commercial National Financial (MI) (CEFC) has a Dividend Payout Ratio of 0.34 as of Dec. 2025. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Commercial National Financial (MI) and its competitors. This is 13% below median its historical median of 0.39. Over the past decade, Commercial National Financial (MI)'s Dividend Payout Ratio has ranged from 0.28 to 1.51. According to the industry distribution chart, Commercial National Financial (MI) ranks #614 out of 1175 companies in the Banks industry, placing it in the top 52.3%.
Is Commercial National Financial (MI)'s Dividend Payout Ratio too high?
Commercial National Financial (MI)'s current Dividend Payout Ratio of 0.34 is 13% below median its 10-year median of 0.39. Over the past 10 years, this metric has ranged from a low of 0.28 to a high of 1.51. The Banks industry median Dividend Payout Ratio is 0.32. Commercial National Financial (MI)'s value of 0.34 is 6.3% above this industry median. Based on the distribution chart, Commercial National Financial (MI) ranks #614 out of 1175 companies in the Banks industry, which is below the industry midpoint. Overall, Commercial National Financial (MI) has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Commercial National Financial (MI)'s Dividend Payout Ratio compare to FMFG and BAOB?
According to the Banks industry distribution chart, Commercial National Financial (MI) ranks #614 out of 1175 companies for Dividend Payout Ratio. This places Commercial National Financial (MI) in the lower half of its industry. The industry median Dividend Payout Ratio is 0.32. Commercial National Financial (MI)'s value of 0.34 is 6.3% above this benchmark. Historically, Commercial National Financial (MI)'s own Dividend Payout Ratio has ranged from 0.28 to 1.51 over the past decade. While the company's 10-year median is 0.39 vs. the industry median of 0.32, Commercial National Financial (MI) 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 Banks company?
The median Dividend Payout Ratio among Banks companies is 0.32, based on 1,175 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. Commercial National Financial (MI)'s current Dividend Payout Ratio of 0.34 is 6.3% 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 Commercial National Financial (MI) and its competitors. For the Banks industry, the median Dividend Payout Ratio is 0.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Commercial National Financial (MI)'s current Dividend Payout Ratio is 0.34, which is 13% below median its own 10-year median of 0.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Commercial National Financial (MI) stock overvalued right now?
Based on GuruFocus' analysis, Commercial National Financial (MI) (CEFC) is currently considered Significantly Overvalued. The stock's GF Value™ is $10.26, compared to a current price of $15.05 — trading 46.7% above its estimated fair value. The current Dividend Payout Ratio is 0.34, which is 13% below median its 10-year median of 0.39 and 6.3% above the Banks industry median of 0.32. Commercial National Financial (MI)'s overall GF Score™ is 60/100 with 5 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 Commercial National Financial (MI) (CEFC), the current Dividend Payout Ratio is 0.34 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 Commercial National Financial (MI) (CEFC) Overvalued in 2026?
Based on GuruFocus' analysis, Commercial National Financial (MI) stock appears to be overvalued.
The current stock price of $15.05 is trading 46.7% above its estimated GF Value™ of $10.26.
GuruFocus considers Commercial National Financial (MI) to be Significantly Overvalued.
Key valuation signals for CEFC:
Dividend Payout Ratio: 0.34 (13% below median its 10-year median of 0.39)
GF Value™: $10.26 vs. price of $15.05 (46.7% above fair value)
Industry Position: 6.3% above the Banks median (#614 of 1175)
No single metric tells the full story. See the CEFC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Commercial National Financial (MI) Business Description
Commercial National Financial Corp (MI) is a one-bank holding company which conducts limited business activities. The Bank performs the majority of business activities. The Bank provides a full range of banking services to individuals, agricultural businesses, commercial businesses and light industries located in its service area. It maintains a diversified loan portfolio, including loans to individuals for home mortgages, automobiles and personal expenditures, and loans to business enterprises for current operations and expansion. The Bank offers a variety of deposit products, including checking, savings, certificates of deposit, and individual retirement accounts.
60GF Score
Get the complete analysis for CEFC
Dividend Payout Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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