German American Bancorp (FRA:GAB) Dividend Payout Ratio: 0.35 (As of Mar. 2026) — Near Median


FRA:GAB German American Bancorp Inc FRA:GAB
62 GF Score
Price €39.80
GF Value €36.72
Valuation Fairly Valued
! 3 Warning Signs
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What is German American Bancorp Dividend Payout Ratio?

German American Bancorp FRA:GAB -7.87% 62 Dividend Payout Ratio is 0.35 as of Mar. 2026, which is 9% above its 10-year median of 0.32. GuruFocus rates FRA:GAB with a GF Score™ of 62/100 and a GF Value™ of €36.72 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,169 Banks companies, German American Bancorp ranks worse than 50.81% 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. German American Bancorp's Dividend Payout Ratio for the months ended in Mar. 2026 was 0.35.

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

FRA:GAB' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.27   Med: 0.32   Max: 0.6
Current: 0.33

During the past 13 years, the highest Dividend Payout Ratio of German American Bancorp was 0.60. The lowest was 0.27. And the median was 0.32.

FRA:GAB's Dividend Payout Ratio is ranked worse than
50.81% of 1169 companies
in the Banks industry
Industry Median: 0.32 vs FRA:GAB: 0.33

As of today (2026-07-01), the Dividend Yield % of German American Bancorp is 2.38%.

During the past 13 years, the highest Trailing Annual Dividend Yield of German American Bancorp was 3.77%. The lowest was 1.31%. And the median was 2.26%.

German American Bancorp's Dividends per Share for the months ended in Mar. 2026 was €0.27.

During the past 12 months, German American Bancorp's average Dividends Per Share Growth Rate was 7.30% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 8.00% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 8.80% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 10.50% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of German American Bancorp was 35.80% per year. The lowest was 0.00% per year. And the median was 6.65% 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.

German American Bancorp (FRA:GAB) 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.

German American Bancorp Dividend Payout Ratio Related Terms

German American Bancorp Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for German American Bancorp'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.

German American Bancorp Dividend Payout Ratio Chart

German American Bancorp 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 0.27 0.33 0.34 0.60 0.38

German American Bancorp 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 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 0.37 0.35 0.31 0.31 0.35

FRA:GAB vs FSUN, DCOM, STBA: Dividend Payout Ratio Comparison

For the Banks - Regional subindustry, German American Bancorp'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.

German American Bancorp Dividend Payout Ratio vs Banks Industry

For the Banks industry and Financial Services sector, German American Bancorp's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where German American Bancorp's Dividend Payout Ratio falls into.


FRA:GAB
62GF Score
German American Bancorp Inc FRA:GAB
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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German American Bancorp 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.

German American Bancorp'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 )
=0.991/ 2.613
=0.38

German American Bancorp'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 )
=0.268/ 0.761
=0.35

* 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 0.35 mean?
German American Bancorp (FRA:GAB) has a Dividend Payout Ratio of 0.35 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on German American Bancorp and its competitors. This is near median its historical median of 0.32. Over the past decade, German American Bancorp's Dividend Payout Ratio has ranged from 0.27 to 0.60. According to the industry distribution chart, German American Bancorp ranks #594 out of 1169 companies in the Banks industry, placing it in the top 50.8%.
Is German American Bancorp's Dividend Payout Ratio too high?
German American Bancorp's current Dividend Payout Ratio of 0.35 is near median its 10-year median of 0.32. Over the past 10 years, this metric has ranged from a low of 0.27 to a high of 0.60. The Banks industry median Dividend Payout Ratio is 0.32. German American Bancorp's value of 0.35 is 9.4% above this industry median. Based on the distribution chart, German American Bancorp ranks #594 out of 1169 companies in the Banks industry, which is below the industry midpoint. Overall, German American Bancorp has a GF Score™ of 62/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does German American Bancorp's Dividend Payout Ratio compare to FSUN and DCOM?
According to the Banks industry distribution chart, German American Bancorp ranks #594 out of 1169 companies for Dividend Payout Ratio. This places German American Bancorp in the lower half of its industry. The industry median Dividend Payout Ratio is 0.32. German American Bancorp's value of 0.35 is 9.4% above this benchmark. Historically, German American Bancorp's own Dividend Payout Ratio has ranged from 0.27 to 0.60 over the past decade. While the company's 10-year median is 0.32 vs. the industry median of 0.32, German American Bancorp 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 1,169 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. German American Bancorp's current Dividend Payout Ratio of 0.35 is 9.4% 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 German American Bancorp 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. German American Bancorp's current Dividend Payout Ratio is 0.35, which is near median its own 10-year median of 0.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is German American Bancorp stock overvalued right now?
Based on GuruFocus' analysis, German American Bancorp (FRA:GAB) is currently considered Fairly Valued. The stock's GF Value™ is €36.72, compared to a current price of €39.80 — trading 8.4% above its estimated fair value. The current Dividend Payout Ratio is 0.35, which is near median its 10-year median of 0.32 and 9.4% above the Banks industry median of 0.32. German American Bancorp's overall GF Score™ is 62/100 with 3 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 German American Bancorp (FRA:GAB), the current Dividend Payout Ratio is 0.35 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 German American Bancorp (FRA:GAB) Overvalued in 2026?

Based on GuruFocus' analysis, German American Bancorp stock appears to be overvalued. The current stock price of €39.80 is trading 8.4% above its estimated GF Value™ of €36.72. GuruFocus considers German American Bancorp to be Fairly Valued.

Key valuation signals for FRA:GAB:

  • Dividend Payout Ratio: 0.35 (near median its 10-year median of 0.32)
  • GF Value™: €36.72 vs. price of €39.80 (8.4% above fair value)
  • GF Score™: 62/100 with 3 warning signs
  • Industry Position: 9.4% above the Banks median (#594 of 1169)

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

German American Bancorp Business Description

Other Exchanges GABC:USA
Address 711 Main Street, P.O. Box 810, Jasper, IN, USA, 47546
German American Bancorp Inc is a bank holding company. The lines of business include the core banking segment and the wealth management segment. The core banking segment involves attracting deposits from the general public and using those funds to originate consumer, commercial, and agricultural real estate, and residential mortgage loans. These core banking activities also include the sale of residential mortgage loans in the secondary market. Wealth management services, which involve providing trust, investment advisory, brokerage, and retirement planning services to customers. The company generates the majority of its revenue from the core banking segment.
62GF Score

Get the complete analysis for FRA:GAB

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

€39.80
Price
€36.72
GF Value