PROG HoldingsFRA:AZD -3.05%90 Dividend Payout Ratio is 0.11 as of Mar. 2026, which is 120% above its 10-year median of 0.05. GuruFocus rates FRA:AZD with a GF Score™ of 90/100 and a GF Value™ of €35.13 (Fairly Valued). The stock has 8 warning signs investors should review. Among 515 Business Services companies, PROG Holdings ranks better than 91.07% 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. PROG Holdings's Dividend Payout Ratio for the
months ended in Mar. 2026 was 0.11.
The historical rank and industry rank for PROG Holdings's Dividend Payout Ratio or its related term are showing as below:
FRA:AZD'
s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.04 Med: 0.05 Max: 0.15
Current: 0.13
During the past 13 years, the highest Dividend Payout Ratio of PROG Holdings was 0.15. The lowest was 0.04. And the median was 0.05.
FRA:AZD's Dividend Payout Ratio is ranked better than 91.07% of 515
companies
in the Business Services industry
Industry Median: 0.44
vs FRA:AZD: 0.13
During the past 12 months, PROG Holdings's average Dividends Per Share Growth Rate was 8.20% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of PROG Holdings was 44.20% per year. The lowest was 0.00% per year. And the median was 10.50% 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.
PROG Holdings (FRA:AZD) 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.
PROG Holdings Dividend Payout Ratio Related Terms
PROG Holdings Dividend Payout Ratio Historical Data
* Premium members only.
The historical data trend for PROG Holdings'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.
FRA:AZD vs VSTS, WLFC, CTOS: Dividend Payout Ratio Comparison
For the Rental & Leasing Services subindustry, PROG Holdings'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.
PROG Holdings Dividend Payout Ratio vs Business Services Industry
For the Business Services industry and Industrials sector, PROG Holdings's Dividend Payout Ratio distribution charts can be found below:
* The bar in red indicates where PROG Holdings'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.
PROG Holdings'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.
PROG Holdings (FRA:AZD) has a Dividend Payout Ratio of 0.11 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on PROG Holdings and its competitors. This is 120% above median its historical median of 0.05. Over the past decade, PROG Holdings' Dividend Payout Ratio has ranged from 0.04 to 0.15. According to the industry distribution chart, PROG Holdings ranks #46 out of 515 companies in the Business Services industry, placing it in the top 8.9%.
Is PROG Holdings' Dividend Payout Ratio too high?
PROG Holdings' current Dividend Payout Ratio of 0.11 is 120% above median its 10-year median of 0.05. Over the past 10 years, this metric has ranged from a low of 0.04 to a high of 0.15. The Business Services industry median Dividend Payout Ratio is 0.44. PROG Holdings' value of 0.11 is 75% below this industry median. Based on the distribution chart, PROG Holdings ranks #46 out of 515 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, PROG Holdings has a GF Score™ of 90/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does PROG Holdings' Dividend Payout Ratio compare to VSTS and WLFC?
According to the Business Services industry distribution chart, PROG Holdings ranks #46 out of 515 companies for Dividend Payout Ratio. This places PROG Holdings in the top 9% of its industry — outperforming the majority of peers. The industry median Dividend Payout Ratio is 0.44. PROG Holdings' value of 0.11 is 75% below this benchmark. Historically, PROG Holdings' own Dividend Payout Ratio has ranged from 0.04 to 0.15 over the past decade. While the company's 10-year median is 0.05 vs. the industry median of 0.44, PROG Holdings 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 Business Services company?
The median Dividend Payout Ratio among Business Services companies is 0.44, based on 515 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. PROG Holdings's current Dividend Payout Ratio of 0.11 is 75% 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 PROG Holdings and its competitors. For the Business Services industry, the median Dividend Payout Ratio is 0.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PROG Holdings's current Dividend Payout Ratio is 0.11, which is 120% above median its own 10-year median of 0.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PROG Holdings stock overvalued right now?
Based on GuruFocus' analysis, PROG Holdings (FRA:AZD) is currently considered Fairly Valued. The stock's GF Value™ is €35.13, compared to a current price of €38.20 — trading 8.7% above its estimated fair value. The current Dividend Payout Ratio is 0.11, which is 120% above median its 10-year median of 0.05 and 75% below the Business Services industry median of 0.44. PROG Holdings' overall GF Score™ is 90/100 with 8 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 PROG Holdings (FRA:AZD), the current Dividend Payout Ratio is 0.11 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 PROG Holdings (FRA:AZD) Overvalued in 2026?
Based on GuruFocus' analysis, PROG Holdings stock appears to be overvalued.
The current stock price of €38.20 is trading 8.7% above its estimated GF Value™ of €35.13.
GuruFocus considers PROG Holdings to be Fairly Valued.
Key valuation signals for FRA:AZD:
Dividend Payout Ratio: 0.11 (120% above median its 10-year median of 0.05)
GF Value™: €35.13 vs. price of €38.20 (8.7% above fair value)
Industry Position: 75% below the Business Services median (#46 of 515)
No single metric tells the full story. See the FRA:AZD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PROG Holdings Inc is a financial technology holding company that provides transparent and competitive payment options to consumers. The company has two reportable segments: Progressive Leasing, an in-store, app-based, and e-commerce point-of-sale lease-to-own solutions provider; and Vive Financial (Vive), an omnichannel provider of second-look revolving credit products. The majority of the revenue of the company is earned through the Progressive Leasing segment.
90GF Score
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