North American Financial 15 SplitFNCSF +0.44%36 Dividend Payout Ratio is 0.22 as of Nov. 2025, which is 54% below its 10-year median of 0.48. GuruFocus rates FNCSF with a GF Score™ of 36/100. The stock has 7 warning signs investors should review. Among 932 Asset Management companies, North American Financial 15 Split ranks better than 63.09% 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. North American Financial 15 Split's Dividend Payout Ratio for the
months ended in Nov. 2025 was 0.22.
The historical rank and industry rank for North American Financial 15 Split's Dividend Payout Ratio or its related term are showing as below:
FNCSF'
s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.2 Med: 0.48 Max: 0.78
Current: 0.51
During the past 13 years, the highest Dividend Payout Ratio of North American Financial 15 Split was 0.78. The lowest was 0.20. And the median was 0.48.
FNCSF's Dividend Payout Ratio is ranked better than 63.09% of 932
companies
in the Asset Management industry
Industry Median: 0.7
vs FNCSF: 0.51
During the past 13 years, the highest Trailing Annual Dividend Yield of North American Financial 15 Split was 43.91%. The lowest was 2.99%. And the median was 14.71%.
During the past 12 months, North American Financial 15 Split's average Dividends Per Share Growth Rate was 19.90% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 26.00% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 17.20% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was -2.90% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of North American Financial 15 Split was 26.00% per year. The lowest was -33.10% per year. And the median was -3.00% 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.
North American Financial 15 Split (OTCPK:FNCSF) 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.
North American Financial 15 Split Dividend Payout Ratio Related Terms
North American Financial 15 Split 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.
North American Financial 15 Split Dividend Payout Ratio Chart
FNCSF vs BLK, BX, KKR: Dividend Payout Ratio Comparison
For the Asset Management subindustry, North American Financial 15 Split'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.
North American Financial 15 Split Dividend Payout Ratio vs Asset Management Industry
For the Asset Management industry and Financial Services sector, North American Financial 15 Split's Dividend Payout Ratio distribution charts can be found below:
* The bar in red indicates where North American Financial 15 Split's Dividend Payout Ratio falls into.
North American Financial 15 Split 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.
North American Financial 15 Split (FNCSF) has a Dividend Payout Ratio of 0.22 as of Nov. 2025. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on North American Financial 15 Split and its competitors. This is 54% below median its historical median of 0.48. Over the past decade, North American Financial 15 Split's Dividend Payout Ratio has ranged from 0.20 to 0.78. According to the industry distribution chart, North American Financial 15 Split ranks #344 out of 932 companies in the Asset Management industry, placing it in the top 36.9%.
Is North American Financial 15 Split's Dividend Payout Ratio too high?
North American Financial 15 Split's current Dividend Payout Ratio of 0.22 is 54% below median its 10-year median of 0.48. Over the past 10 years, this metric has ranged from a low of 0.20 to a high of 0.78. The Asset Management industry median Dividend Payout Ratio is 0.70. North American Financial 15 Split's value of 0.22 is 68.6% below this industry median. Based on the distribution chart, North American Financial 15 Split ranks #344 out of 932 companies in the Asset Management industry, which is above the industry midpoint. Overall, North American Financial 15 Split has a GF Score™ of 36/100, reflecting its overall financial health beyond just this single metric.
How does North American Financial 15 Split's Dividend Payout Ratio compare to BLK and BX?
According to the Asset Management industry distribution chart, North American Financial 15 Split ranks #344 out of 932 companies for Dividend Payout Ratio. This puts North American Financial 15 Split in the upper half of its industry. The industry median Dividend Payout Ratio is 0.70. North American Financial 15 Split's value of 0.22 is 68.6% below this benchmark. Historically, North American Financial 15 Split's own Dividend Payout Ratio has ranged from 0.20 to 0.78 over the past decade. While the company's 10-year median is 0.48 vs. the industry median of 0.70, North American Financial 15 Split 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 an Asset Management company?
The median Dividend Payout Ratio among Asset Management companies is 0.70, based on 932 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. North American Financial 15 Split's current Dividend Payout Ratio of 0.22 is 68.6% 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 North American Financial 15 Split and its competitors. For the Asset Management industry, the median Dividend Payout Ratio is 0.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. North American Financial 15 Split's current Dividend Payout Ratio is 0.22, which is 54% below median its own 10-year median of 0.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is North American Financial 15 Split stock overvalued right now?
North American Financial 15 Split (FNCSF) has a current Dividend Payout Ratio of 0.22. The current Dividend Payout Ratio is 0.22, which is 54% below median its 10-year median of 0.48 and 68.6% below the Asset Management industry median of 0.70. North American Financial 15 Split's overall GF Score™ is 36/100 with 7 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 North American Financial 15 Split (FNCSF), the current Dividend Payout Ratio is 0.22 as of Nov. 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.
North American Financial 15 Split Business Description
North American Financial 15 Split Corp is a mutual fund corporation. It invests in an actively managed portfolio of common shares comprised of core large-capitalization Canadian and United States financial services companies. It also invests in equity securities of issuers. The company's investment objective is to provide holders of Preferred Shares with cumulative preferential monthly cash dividends and to provide holders of Class A shares with regular monthly cash distributions.
36GF Score
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