Afrimat (JSE:AFT) Dividend Payout Ratio: 0.00 (As of Feb. 2026)

Afrimat JSE:AFT -1.87% 71 Dividend Payout Ratio is 0.00 as of Feb. 2026. GuruFocus rates JSE:AFT with a GF Score™ of 71/100 and a GF Value™ of R97.08 (Significantly Undervalued). The stock has 6 warning signs investors should review. Among 209 Building Materials companies, Afrimat ranks better than 51.2% 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. Afrimat's Dividend Payout Ratio for the months ended in Feb. 2026 was 0.00.

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

JSE:AFT' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.26 Med: 0.3 Max: 2.3
Current: 0.37

During the past 13 years, the highest Dividend Payout Ratio of Afrimat was 2.30. The lowest was 0.26. And the median was 0.30.

JSE:AFT's Dividend Payout Ratio is ranked better than
51.2% of 209 companies
in the Building Materials industry
Industry Median: 0.38 vs JSE:AFT: 0.37

As of today (2026-06-30), the Dividend Yield % of Afrimat is 1.23%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Afrimat was 4.52%. The lowest was 0.94%. And the median was 2.38%.

Afrimat's Dividends per Share for the months ended in Feb. 2026 was R0.20.

During the past 12 months, Afrimat's average Dividends Per Share Growth Rate was -78.70% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -42.70% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -15.80% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 6.40% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Afrimat was 36.20% per year. The lowest was -42.70% per year. And the median was 19.10% 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.

Afrimat (JSE:AFT) 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.

Afrimat Dividend Payout Ratio Related Terms

Afrimat Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Afrimat'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.

Afrimat Dividend Payout Ratio Chart

Afrimat Annual Data

Trend

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Feb25

Feb26

Dividend Payout Ratio

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0.29

0.41

0.27

2.30

0.37

Afrimat Semi-Annual Data
	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24	Aug24	Feb25	Aug25	Feb26
Dividend Payout Ratio	Get a 7-Day Free Trial															0.13	2.95	0.52	0.15	0.00

JSE:AFT vs CRH, VMC, MLM: Dividend Payout Ratio Comparison

For the Building Materials subindustry, Afrimat'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.

Afrimat Dividend Payout Ratio vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Afrimat's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Afrimat's Dividend Payout Ratio falls into.

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71GF Score

Afrimat Ltd JSE:AFT

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

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Afrimat Dividend Payout Ratio Calculation

Afrimat's Dividend Payout Ratio for the fiscal year that ended in Feb. 2026 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Feb. 2026 )	/	EPS without NRI (A: Feb. 2026 )
	=	0.35	/	0.95
	=	0.37

Afrimat's Dividend Payout Ratio for the quarter that ended in Feb. 2026 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Feb. 2026 )	/	EPS without NRI (Q: Feb. 2026 )
	=	0.2	/	-0.06
	=	N/A

Frequently Asked Questions Learn more about Dividend Payout Ratio →

What does a Dividend Payout Ratio of 0.00 mean?

Afrimat (JSE:AFT) has a Dividend Payout Ratio of 0.00 as of Feb. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Afrimat and its competitors. Over the past decade, Afrimat's Dividend Payout Ratio has ranged from 0.26 to 2.30. According to the industry distribution chart, Afrimat ranks #102 out of 209 companies in the Building Materials industry, placing it in the top 48.8%.

Is Afrimat's Dividend Payout Ratio too high?

Afrimat's current Dividend Payout Ratio is 0.00. Over the past 10 years, this metric has ranged from a low of 0.26 to a high of 2.30. Based on the distribution chart, Afrimat ranks #102 out of 209 companies in the Building Materials industry, which is above the industry midpoint. Overall, Afrimat has a GF Score™ of 71/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.

How does Afrimat's Dividend Payout Ratio compare to CRH and VMC?

According to the Building Materials industry distribution chart, Afrimat ranks #102 out of 209 companies for Dividend Payout Ratio. This puts Afrimat in the upper half of its industry. The industry median Dividend Payout Ratio is 0.38. Historically, Afrimat's own Dividend Payout Ratio has ranged from 0.26 to 2.30 over the past decade. 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 Building Materials company?

The median Dividend Payout Ratio among Building Materials companies is 0.38, based on 209 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. 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 Afrimat and its competitors. For the Building Materials industry, the median Dividend Payout Ratio is 0.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Afrimat's current Dividend Payout Ratio is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Afrimat stock overvalued right now?

Based on GuruFocus' analysis, Afrimat (JSE:AFT) is currently considered Significantly Undervalued. The stock's GF Value™ is R97.08, compared to a current price of R26.82 — trading 72.4% below its estimated fair value. The current Dividend Payout Ratio is 0.00. Afrimat's overall GF Score™ is 71/100 with 6 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 Afrimat (JSE:AFT), the current Dividend Payout Ratio is 0.00 as of Feb. 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 Afrimat (JSE:AFT) Overvalued in 2026?

Based on GuruFocus' analysis, Afrimat stock appears to be undervalued. The current stock price of R26.82 is trading 72.4% below its estimated GF Value™ of R97.08. GuruFocus considers Afrimat to be Significantly Undervalued.

Key valuation signals for JSE:AFT:

Dividend Payout Ratio: 0.00
GF Value™: R97.08 vs. price of R26.82 (72.4% below fair value)
GF Score™: 71/100 with 6 warning signs

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

Afrimat Business Description

Industry Basic Materials Building Materials

Comparable Companies JSE:SEP JSE:BIK JSE:PPC CRH XSWX:HOLN SHSE:600176 VMC XTER:HEI MLM BOM:532538 XSWX:AMRZ NSE:GRASIM MEX:CEMEXCPO JHX SHSE:600585 NSA:DCP BOM:500425 BOM:500387 MIL:BZU NSA:BUACEMENT

Address Corner Willie van Schoor Avenue and Old Oak Road, Tyger Valley Office Park No. 2, Tyger Valley, Bellville, WC, ZAF, 7530

Website https://www.afrimat.co.za

Afrimat Ltd is a South Africa-based company. It has five segment Construction Materials, Industrial Minerals, Bulk Commodities, Future Materials and Metals, and Services. The company generates majority of revenue from Construction Materials comprises two distinct product segments: Aggregates and Cement. Aggregates include the sale of sand, gravel, crushed stone, and concrete-based products. Concrete-based products are produced using rock, sand, water, cement, and readymix concrete are typically used in various construction applications. The segment also includes the processing and sale of fly-ash, a by-product used to enhance concrete performance. Cement consists of the manufacturing and supply of cement. The Group views the entire southern African region as a single geographical area.

71GF Score

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

R26.82

Price

R97.08

GF Value

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