Victory Securities (Holdings) Co (HKSE:08540) Dividend Payout Ratio: 0.79 (As of Dec. 2025) — 216% Above Median

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HKSE:08540 Victory Securities (Holdings) Co Ltd HKSE:08540
64 GF Score
Price HK$4.45
GF Value HK$8.55
Valuation Significantly Undervalued
! 1 Warning Sign
View Full Analysis

What is Victory Securities (Holdings) Co Dividend Payout Ratio?

Victory Securities (Holdings) Co HKSE:08540 -0.34% 64 Dividend Payout Ratio is 0.79 as of Dec. 2025, which is 216% above its 10-year median of 0.25. GuruFocus rates HKSE:08540 with a GF Score™ of 64/100 and a GF Value™ of HK$8.55 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 325 Capital Markets companies, Victory Securities (Holdings) Co ranks better than 84.31% 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. Victory Securities (Holdings) Co's Dividend Payout Ratio for the months ended in Dec. 2025 was 0.79.

The historical rank and industry rank for Victory Securities (Holdings) Co's Dividend Payout Ratio or its related term are showing as below:

HKSE:08540' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.14   Med: 0.25   Max: 0.59
Current: 0.14


During the past 10 years, the highest Dividend Payout Ratio of Victory Securities (Holdings) Co was 0.59. The lowest was 0.14. And the median was 0.25.

HKSE:08540's Dividend Payout Ratio is ranked better than
84.31% of 325 companies
in the Capital Markets industry
Industry Median: 0.33 vs HKSE:08540: 0.14

As of today (2026-08-15), the Dividend Yield % of Victory Securities (Holdings) Co is 1.01%.

During the past 10 years, the highest Trailing Annual Dividend Yield of Victory Securities (Holdings) Co was 2.32%. The lowest was 0.07%. And the median was 1.21%.

Victory Securities (Holdings) Co's Dividends per Share for the months ended in Dec. 2025 was HK$0.02.

During the past 12 months, Victory Securities (Holdings) Co's average Dividends Per Share Growth Rate was 450.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 8.30% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -11.90% per year.

During the past 10 years, the highest 3-Year average Dividends Per Share Growth Rate of Victory Securities (Holdings) Co was 44.20% per year. The lowest was -41.50% per year. And the median was -1.30% 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.


Victory Securities (Holdings) Co (HKSE:08540) 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.


Victory Securities (Holdings) Co Dividend Payout Ratio Related Terms


Victory Securities (Holdings) Co Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Victory Securities (Holdings) Co'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.

Victory Securities (Holdings) Co Dividend Payout Ratio Chart

Victory Securities (Holdings) Co 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 0.38 0.00 0.00 0.00 0.14

Victory Securities (Holdings) Co Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.00 0.00 0.06 0.09 0.79

HKSE:08540 vs MS, GS, SCHW: Dividend Payout Ratio Comparison

For the Capital Markets subindustry, Victory Securities (Holdings) Co'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.


Victory Securities (Holdings) Co Dividend Payout Ratio vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Victory Securities (Holdings) Co's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Victory Securities (Holdings) Co's Dividend Payout Ratio falls into.


HKSE:08540
64GF Score
Victory Securities (Holdings) Co Ltd HKSE:08540
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Victory Securities (Holdings) Co 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.

Victory Securities (Holdings) Co'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 )
=0.033/ 0.229
=0.14

Victory Securities (Holdings) Co's Dividend Payout Ratio for the quarter that ended in Dec. 2025 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2025 )/ EPS without NRI (Q: Dec. 2025 )
=0.015/ 0.019
=0.79

* 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 0.79 mean?
Victory Securities (Holdings) Co (HKSE:08540) has a Dividend Payout Ratio of 0.79 as of Dec. 2025. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Victory Securities (Holdings) Co and its competitors. This is 216% above median its historical median of 0.25. Over the past decade, Victory Securities (Holdings) Co's Dividend Payout Ratio has ranged from 0.14 to 0.59. According to the industry distribution chart, Victory Securities (Holdings) Co ranks #51 out of 325 companies in the Capital Markets industry, placing it in the top 15.7%.
Is Victory Securities (Holdings) Co's Dividend Payout Ratio too high?
Victory Securities (Holdings) Co's current Dividend Payout Ratio of 0.79 is 216% above median its 10-year median of 0.25. Over the past 10 years, this metric has ranged from a low of 0.14 to a high of 0.59. The Capital Markets industry median Dividend Payout Ratio is 0.33. Victory Securities (Holdings) Co's value of 0.79 is 139.4% above this industry median. Based on the distribution chart, Victory Securities (Holdings) Co ranks #51 out of 325 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, Victory Securities (Holdings) Co has a GF Score™ of 64/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Victory Securities (Holdings) Co's Dividend Payout Ratio compare to MS and GS?
According to the Capital Markets industry distribution chart, Victory Securities (Holdings) Co ranks #51 out of 325 companies for Dividend Payout Ratio. This places Victory Securities (Holdings) Co in the top 16% of its industry — outperforming the majority of peers. The industry median Dividend Payout Ratio is 0.33. Victory Securities (Holdings) Co's value of 0.79 is 139.4% above this benchmark. Historically, Victory Securities (Holdings) Co's own Dividend Payout Ratio has ranged from 0.14 to 0.59 over the past decade. While the company's 10-year median is 0.25 vs. the industry median of 0.33, Victory Securities (Holdings) Co 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 Capital Markets company?
The median Dividend Payout Ratio among Capital Markets companies is 0.33, based on 325 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. Victory Securities (Holdings) Co's current Dividend Payout Ratio of 0.79 is 139.4% 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 Victory Securities (Holdings) Co and its competitors. For the Capital Markets industry, the median Dividend Payout Ratio is 0.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Victory Securities (Holdings) Co's current Dividend Payout Ratio is 0.79, which is 216% above median its own 10-year median of 0.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Victory Securities (Holdings) Co stock overvalued right now?
Based on GuruFocus' analysis, Victory Securities (Holdings) Co (HKSE:08540) is currently considered Significantly Undervalued. The stock's GF Value™ is HK$8.55, compared to a current price of HK$4.45 — trading 48% below its estimated fair value. The current Dividend Payout Ratio is 0.79, which is 216% above median its 10-year median of 0.25 and 139.4% above the Capital Markets industry median of 0.33. Victory Securities (Holdings) Co's overall GF Score™ is 64/100 with 1 warning sign 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 Victory Securities (Holdings) Co (HKSE:08540), the current Dividend Payout Ratio is 0.79 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 Victory Securities (Holdings) Co (HKSE:08540) Overvalued in 2026?

Based on GuruFocus' analysis, Victory Securities (Holdings) Co stock appears to be undervalued. The current stock price of HK$4.45 is trading 48% below its estimated GF Value™ of HK$8.55. GuruFocus considers Victory Securities (Holdings) Co to be Significantly Undervalued.

Key valuation signals for HKSE:08540:

  • Dividend Payout Ratio: 0.79 (216% above median its 10-year median of 0.25)
  • GF Value™: HK$8.55 vs. price of HK$4.45 (48% below fair value)
  • GF Score™: 64/100 with 1 warning sign
  • Industry Position: 139.4% above the Capital Markets median (#51 of 325)

No single metric tells the full story. See the HKSE:08540 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Victory Securities (Holdings) Co Business Description

Address No. 308 Des Voeux Road Central, 20th Floor, 308 Central Des Voeux, Sheung Wan, Hong Kong, HKG
Victory Securities (Holdings) Co Ltd is an investment holding company engaged in the businesses of securities futures insurance policies broking, placing and underwriting services and advising on securities services, financing services, asset management services, financial advisory services, and investment consultancy services in Hong Kong. The company has five operating segments: Securities/ futures broking services; Financing services; Asset management services; Insurance consultancy services, Financial advisory services, and Virtual asset services. It generates maximum revenue from the Securities/ futures broking services segment. The Group operates in Hong Kong and its revenue is derived from its operations in Hong Kong.
64GF Score

Get the complete analysis for HKSE:08540

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

HK$4.45
Price
HK$8.55
GF Value