DBS Group Holdings (FRA:DEV) Dividend Payout Ratio: 0.64 (As of Mar. 2026) — 28% Above Median

What is DBS Group Holdings Dividend Payout Ratio?

DBS Group Holdings FRA:DEV 74 Dividend Payout Ratio is 0.64 as of Mar. 2026, which is 28% above its 10-year median of 0.50. GuruFocus rates FRA:DEV with a GF Score™ of 74/100 and a GF Value™ of €114.75. The stock has 9 warning signs investors should review. Among 1,168 Banks companies, DBS Group Holdings ranks worse than 68.84% 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. DBS Group Holdings's Dividend Payout Ratio for the months ended in Mar. 2026 was 0.64.

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

FRA:DEV' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.37 Med: 0.5 Max: 0.75
Current: 0.4

During the past 13 years, the highest Dividend Payout Ratio of DBS Group Holdings was 0.75. The lowest was 0.37. And the median was 0.50.

FRA:DEV's Dividend Payout Ratio is ranked worse than
68.84% of 1168 companies
in the Banks industry
Industry Median: 0.32 vs FRA:DEV: 0.40

As of today (2026-06-26), the Dividend Yield % of DBS Group Holdings is 4.22%.

During the past 13 years, the highest Trailing Annual Dividend Yield of DBS Group Holdings was 8.26%. The lowest was 2.10%. And the median was 4.61%.

DBS Group Holdings's Dividends per Share for the months ended in Mar. 2026 was €1.79.

During the past 12 months, DBS Group Holdings's average Dividends Per Share Growth Rate was 37.80% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 29.60% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 26.80% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 16.50% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of DBS Group Holdings was 35.80% per year. The lowest was -29.50% per year. And the median was 2.55% 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.

DBS Group Holdings (FRA:DEV) 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.

DBS Group Holdings Dividend Payout Ratio Related Terms

DBS Group Holdings Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for DBS Group 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.

DBS Group Holdings Dividend Payout Ratio Chart

DBS Group Holdings Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

Dividend Payout Ratio

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0.13

0.46

0.54

0.70

DBS Group Holdings 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															0.59	0.75	0.18	0.75	0.64

FRA:DEV vs PNC, USB: Dividend Payout Ratio Comparison

For the Banks - Regional subindustry, DBS Group 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.

DBS Group Holdings Dividend Payout Ratio vs Banks Industry

For the Banks industry and Financial Services sector, DBS Group Holdings's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where DBS Group Holdings's Dividend Payout Ratio falls into.

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74GF Score

DBS Group Holdings Ltd FRA:DEV

Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.

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DBS Group Holdings Dividend Payout Ratio Calculation

DBS Group Holdings'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 )
	=	7.115	/	10.105
	=	0.70

DBS Group Holdings'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 )
	=	1.792	/	2.792
	=	0.64

Frequently Asked Questions Learn more about Dividend Payout Ratio →

What does a Dividend Payout Ratio of 0.64 mean?

DBS Group Holdings (FRA:DEV) has a Dividend Payout Ratio of 0.64 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on DBS Group Holdings and its competitors. This is 28% above median its historical median of 0.50. Over the past decade, DBS Group Holdings' Dividend Payout Ratio has ranged from 0.37 to 0.75. According to the industry distribution chart, DBS Group Holdings ranks #804 out of 1168 companies in the Banks industry, placing it in the top 68.8%.

Is DBS Group Holdings' Dividend Payout Ratio too high?

DBS Group Holdings' current Dividend Payout Ratio of 0.64 is 28% above median its 10-year median of 0.50. Over the past 10 years, this metric has ranged from a low of 0.37 to a high of 0.75. The Banks industry median Dividend Payout Ratio is 0.32. DBS Group Holdings' value of 0.64 is 100% above this industry median. Based on the distribution chart, DBS Group Holdings ranks #804 out of 1168 companies in the Banks industry, which is below the industry midpoint. Overall, DBS Group Holdings has a GF Score™ of 74/100, reflecting its overall financial health beyond just this single metric.

How does DBS Group Holdings' Dividend Payout Ratio compare to PNC and USB?

According to the Banks industry distribution chart, DBS Group Holdings ranks #804 out of 1168 companies for Dividend Payout Ratio. This places DBS Group Holdings in the lower half of its industry. The industry median Dividend Payout Ratio is 0.32. DBS Group Holdings' value of 0.64 is 100% above this benchmark. Historically, DBS Group Holdings' own Dividend Payout Ratio has ranged from 0.37 to 0.75 over the past decade. While the company's 10-year median is 0.50 vs. the industry median of 0.32, DBS Group Holdings 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 1,168 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. DBS Group Holdings's current Dividend Payout Ratio of 0.64 is 100% 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 DBS Group Holdings 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. DBS Group Holdings's current Dividend Payout Ratio is 0.64, which is 28% above median its own 10-year median of 0.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is DBS Group Holdings stock overvalued right now?

DBS Group Holdings (FRA:DEV) has a current Dividend Payout Ratio of 0.64. The stock's GF Value™ is €114.75, compared to a current price of €178.00 — trading 55.1% above its estimated fair value. The current Dividend Payout Ratio is 0.64, which is 28% above median its 10-year median of 0.50 and 100% above the Banks industry median of 0.32. DBS Group Holdings' overall GF Score™ is 74/100 with 9 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 DBS Group Holdings (FRA:DEV), the current Dividend Payout Ratio is 0.64 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 DBS Group Holdings (FRA:DEV) Overvalued in 2026?

Based on GuruFocus' analysis, DBS Group Holdings stock appears to be overvalued. The current stock price of €178.00 is trading 55.1% above its estimated GF Value™ of €114.75.

Key valuation signals for FRA:DEV:

Dividend Payout Ratio: 0.64 (28% above median its 10-year median of 0.50)
GF Value™: €114.75 vs. price of €178.00 (55.1% above fair value)
GF Score™: 74/100 with 9 warning signs
Industry Position: 100% above the Banks median (#804 of 1168)

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

DBS Group Holdings Business Description

Industry Financial Services Banks

Comparable Companies SGX:O39 SGX:U11 SGX:S41 SHSE:600036 MIL:UCG NSE:HDFCBANK XPAR:BNP MIL:ISP TSE:8411 SAU:1120 NSE:ICICIBANK XMAD:CABK NSE:SBIN PNC BSP:ITUB3 HKSE:01658 USB LSE:LLOY TSE:7182 OSTO:NDA SE

Other Exchanges DBSDY:USA DBSDF:USA DBS19:Thailand D05:Singapore DEVL:Germany

Address 12 Marina Boulevard, Marina Bay Financial Centre Tower 3, Singapore, SGP, 018982

Website https://www.dbs.com

DBS Group is a Singapore-based banking group offering a full range of services to consumers, small to midsize enterprises, and corporations and institutions. Its main presence is in Singapore and Greater China. The acquisition of Lakshmi Vilas Bank has strengthened DBS' operations in India, and the acquisition of Citibank's Taiwan operation should bring additional growth in Greater China. DBS' wealth management division is one of the largest in Asia, with assets under management of SGD 492 billion as of March 2026.

74GF Score

Get the complete analysis for FRA:DEV

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

€178.00

Price

€114.75

GF Value

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