Activation Group Holdings (HKSE:09919) Dividend Payout Ratio: 0.39 (As of Dec. 2025) — 26% Below Median

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HKSE:09919 Activation Group Holdings Ltd HKSE:09919
81 GF Score
Price HK$0.77
GF Value HK$1.26
Valuation Possible Value Trap
! 3 Warning Signs
View Full Analysis

What is Activation Group Holdings Dividend Payout Ratio?

Activation Group Holdings HKSE:09919 -0.65% 81 Dividend Payout Ratio is 0.39 as of Dec. 2025, which is 26% below its 10-year median of 0.53. GuruFocus rates HKSE:09919 with a GF Score™ of 81/100 and a GF Value™ of HK$1.26 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 338 Media - Diversified companies, Activation Group Holdings ranks worse than 57.4% 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. Activation Group Holdings's Dividend Payout Ratio for the months ended in Dec. 2025 was 0.39.

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

HKSE:09919' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.07   Med: 0.53   Max: 0.66
Current: 0.56


During the past 10 years, the highest Dividend Payout Ratio of Activation Group Holdings was 0.66. The lowest was 0.07. And the median was 0.53.

HKSE:09919's Dividend Payout Ratio is ranked worse than
57.4% of 338 companies
in the Media - Diversified industry
Industry Median: 0.475 vs HKSE:09919: 0.56

As of today (2026-08-31), the Dividend Yield % of Activation Group Holdings is 7.14%.

During the past 10 years, the highest Trailing Annual Dividend Yield of Activation Group Holdings was 9.88%. The lowest was 0.57%. And the median was 2.95%.

Activation Group Holdings's Dividends per Share for the months ended in Dec. 2025 was HK$0.02.

During the past 12 months, Activation Group Holdings's average Dividends Per Share Growth Rate was -22.80% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 47.50% per year.

During the past 10 years, the highest 3-Year average Dividends Per Share Growth Rate of Activation Group Holdings was 99.20% per year. The lowest was 47.50% per year. And the median was 73.35% 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.


Activation Group Holdings (HKSE:09919) 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.


Activation Group Holdings Dividend Payout Ratio Related Terms


Activation Group Holdings Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Activation 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.

Activation Group Holdings Dividend Payout Ratio Chart

Activation Group Holdings 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 0.07 0.53 0.21 0.66 0.57

Activation Group Holdings Semi-Annual Data
Dec16 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 0.18 1.50 0.24 0.77 0.39

HKSE:09919 vs APP, OMC, TTD: Dividend Payout Ratio Comparison

For the Advertising Agencies subindustry, Activation 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.


Activation Group Holdings Dividend Payout Ratio vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Activation Group Holdings's Dividend Payout Ratio distribution charts can be found below:

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


HKSE:09919
81GF Score
Activation Group Holdings Ltd HKSE:09919
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Activation Group Holdings 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.

Activation 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 )
=0.061/ 0.108
=0.56

Activation Group Holdings'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 )
=0.023/ 0.059
=0.39

* 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 0.39 mean?
Activation Group Holdings (HKSE:09919) has a Dividend Payout Ratio of 0.39 as of Dec. 2025. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Activation Group Holdings and its competitors. This is 26% below median its historical median of 0.53. Over the past decade, Activation Group Holdings' Dividend Payout Ratio has ranged from 0.07 to 0.66. According to the industry distribution chart, Activation Group Holdings ranks #194 out of 338 companies in the Media - Diversified industry, placing it in the top 57.4%.
Is Activation Group Holdings' Dividend Payout Ratio too high?
Activation Group Holdings' current Dividend Payout Ratio of 0.39 is 26% below median its 10-year median of 0.53. Over the past 10 years, this metric has ranged from a low of 0.07 to a high of 0.66. The Media - Diversified industry median Dividend Payout Ratio is 0.48. Activation Group Holdings' value of 0.39 is 17.9% below this industry median. Based on the distribution chart, Activation Group Holdings ranks #194 out of 338 companies in the Media - Diversified industry, which is below the industry midpoint. Overall, Activation Group Holdings has a GF Score™ of 81/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Activation Group Holdings' Dividend Payout Ratio compare to APP and OMC?
According to the Media - Diversified industry distribution chart, Activation Group Holdings ranks #194 out of 338 companies for Dividend Payout Ratio. This places Activation Group Holdings in the lower half of its industry. The industry median Dividend Payout Ratio is 0.48. Activation Group Holdings' value of 0.39 is 17.9% below this benchmark. Historically, Activation Group Holdings' own Dividend Payout Ratio has ranged from 0.07 to 0.66 over the past decade. While the company's 10-year median is 0.53 vs. the industry median of 0.48, Activation Group 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 Media - Diversified company?
The median Dividend Payout Ratio among Media - Diversified companies is 0.48, based on 338 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. Activation Group Holdings's current Dividend Payout Ratio of 0.39 is 17.9% 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 Activation Group Holdings and its competitors. For the Media - Diversified industry, the median Dividend Payout Ratio is 0.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Activation Group Holdings's current Dividend Payout Ratio is 0.39, which is 26% below median its own 10-year median of 0.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Activation Group Holdings stock overvalued right now?
Based on GuruFocus' analysis, Activation Group Holdings (HKSE:09919) is currently considered Possible Value Trap. The stock's GF Value™ is HK$1.26, compared to a current price of HK$0.77 — trading 38.9% below its estimated fair value. The current Dividend Payout Ratio is 0.39, which is 26% below median its 10-year median of 0.53 and 17.9% below the Media - Diversified industry median of 0.48. Activation Group Holdings' overall GF Score™ is 81/100 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 Activation Group Holdings (HKSE:09919), the current Dividend Payout Ratio is 0.39 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 Activation Group Holdings (HKSE:09919) Overvalued in 2026?

Based on GuruFocus' analysis, Activation Group Holdings stock appears to be undervalued. The current stock price of HK$0.77 is trading 38.9% below its estimated GF Value™ of HK$1.26. GuruFocus considers Activation Group Holdings to be Possible Value Trap.

Key valuation signals for HKSE:09919:

  • Dividend Payout Ratio: 0.39 (26% below median its 10-year median of 0.53)
  • GF Value™: HK$1.26 vs. price of HK$0.77 (38.9% below fair value)
  • GF Score™: 81/100 with 3 warning signs
  • Industry Position: 17.9% below the Media - Diversified median (#194 of 338)

No single metric tells the full story. See the HKSE:09919 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Activation Group Holdings Business Description

Address No. 399A Liu Zhou Road, 8th Floor, Hengdi Cang International Building, Xuhui District, Shanghai, CHN, 200235
Activation Group Holdings Ltd is an integrated marketing solutions provider. The company focuses on the provision of experiential marketing, digital and brand communication, and public relations services. Its operating segment includes Experiential marketing services, Digital and communication services, and IP development. The company generates maximum revenue from Experiential marketing services. Geographically, it derives a majority of revenue from Chinese Mainland and also has a presence in Hong Kong/Singapore.
81GF Score

Get the complete analysis for HKSE:09919

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

HK$0.77
Price
HK$1.26
GF Value