Mustek (JSE:MST) Dividend Payout Ratio: 0.17 (As of Dec. 2025) — 11% Below Median


JSE:MST Mustek Ltd JSE:MST
75 GF Score
Price R15.27
GF Value R12.58
Valuation Modestly Overvalued
! 7 Warning Signs
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What is Mustek Dividend Payout Ratio?

Mustek JSE:MST +2.41% 75 Dividend Payout Ratio is 0.17 as of Dec. 2025, which is 11% below its 10-year median of 0.19. GuruFocus rates JSE:MST with a GF Score™ of 75/100 and a GF Value™ of R12.58 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 1,212 Hardware companies, Mustek ranks better than 92.9% 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. Mustek's Dividend Payout Ratio for the months ended in Dec. 2025 was 0.17.

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

JSE:MST' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.06   Med: 0.19   Max: 1.15
Current: 0.1


During the past 13 years, the highest Dividend Payout Ratio of Mustek was 1.15. The lowest was 0.06. And the median was 0.19.

JSE:MST's Dividend Payout Ratio is ranked better than
92.9% of 1212 companies
in the Hardware industry
Industry Median: 0.47 vs JSE:MST: 0.10

As of today (2026-06-30), the Dividend Yield % of Mustek is 0.90%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Mustek was 9.21%. The lowest was 0.49%. And the median was 3.35%.

Mustek's Dividends per Share for the months ended in Dec. 2025 was R0.14.

During the past 12 months, Mustek's average Dividends Per Share Growth Rate was 84.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -56.30% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -10.40% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 4.70% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Mustek was 59.90% per year. The lowest was -56.30% per year. And the median was 17.05% 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.


Mustek (JSE:MST) 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.


Mustek Dividend Payout Ratio Related Terms


Mustek Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Mustek'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.

Mustek Dividend Payout Ratio Chart

Mustek Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.06 0.25 0.20 1.15 0.10

Mustek Semi-Annual Data
Jun16 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 Premium Member Only 0.85 0.00 0.32 0.00 0.17

JSE:MST vs SNDK, DELL, STX: Dividend Payout Ratio Comparison

For the Computer Hardware subindustry, Mustek'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.


Mustek Dividend Payout Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Mustek's Dividend Payout Ratio distribution charts can be found below:

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


JSE:MST
75GF Score
Mustek Ltd JSE:MST
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mustek 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.

Mustek's Dividend Payout Ratio for the fiscal year that ended in Jun. 2025 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Jun. 2025 )/ EPS without NRI (A: Jun. 2025 )
=0.075/ 0.727
=0.10

Mustek'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 )
=0.138/ 0.835
=0.17

* 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 0.17 mean?
Mustek (JSE:MST) has a Dividend Payout Ratio of 0.17 as of Dec. 2025. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Mustek and its competitors. This is 11% below median its historical median of 0.19. Over the past decade, Mustek's Dividend Payout Ratio has ranged from 0.06 to 1.15. According to the industry distribution chart, Mustek ranks #86 out of 1212 companies in the Hardware industry, placing it in the top 7.1%.
Is Mustek's Dividend Payout Ratio too high?
Mustek's current Dividend Payout Ratio of 0.17 is 11% below median its 10-year median of 0.19. Over the past 10 years, this metric has ranged from a low of 0.06 to a high of 1.15. The Hardware industry median Dividend Payout Ratio is 0.47. Mustek's value of 0.17 is 63.8% below this industry median. Based on the distribution chart, Mustek ranks #86 out of 1212 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Mustek has a GF Score™ of 75/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mustek's Dividend Payout Ratio compare to SNDK and DELL?
According to the Hardware industry distribution chart, Mustek ranks #86 out of 1212 companies for Dividend Payout Ratio. This places Mustek in the top 7% of its industry — outperforming the majority of peers. The industry median Dividend Payout Ratio is 0.47. Mustek's value of 0.17 is 63.8% below this benchmark. Historically, Mustek's own Dividend Payout Ratio has ranged from 0.06 to 1.15 over the past decade. While the company's 10-year median is 0.19 vs. the industry median of 0.47, Mustek 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 Hardware company?
The median Dividend Payout Ratio among Hardware companies is 0.47, based on 1,212 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. Mustek's current Dividend Payout Ratio of 0.17 is 63.8% 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 Mustek and its competitors. For the Hardware industry, the median Dividend Payout Ratio is 0.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mustek's current Dividend Payout Ratio is 0.17, which is 11% below median its own 10-year median of 0.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mustek stock overvalued right now?
Based on GuruFocus' analysis, Mustek (JSE:MST) is currently considered Modestly Overvalued. The stock's GF Value™ is R12.58, compared to a current price of R15.27 — trading 21.4% above its estimated fair value. The current Dividend Payout Ratio is 0.17, which is 11% below median its 10-year median of 0.19 and 63.8% below the Hardware industry median of 0.47. Mustek's overall GF Score™ is 75/100 with 7 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 Mustek (JSE:MST), the current Dividend Payout Ratio is 0.17 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 Mustek (JSE:MST) Overvalued in 2026?

Based on GuruFocus' analysis, Mustek stock appears to be overvalued. The current stock price of R15.27 is trading 21.4% above its estimated GF Value™ of R12.58. GuruFocus considers Mustek to be Modestly Overvalued.

Key valuation signals for JSE:MST:

  • Dividend Payout Ratio: 0.17 (11% below median its 10-year median of 0.19)
  • GF Value™: R12.58 vs. price of R15.27 (21.4% above fair value)
  • GF Score™: 75/100 with 7 warning signs
  • Industry Position: 63.8% below the Hardware median (#86 of 1212)

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


Mustek Business Description

Address 322 15th Road, Randjespark, Midrand, GT, ZAF, 1685
Mustek Ltd is an assembler and distributor of personal computers and complementary Information and Communication Technology (ICT) products in South Africa. The company's segments include Mustek, Rectron, MIE, and the Group. Mustek includes assembly and distribution of computer products and peripherals, including Mecer-branded products and related services. Rectron includes the distribution of computer components and peripherals. Mecer Inter-Ed (MIE) includes a training provider of accredited training programmes, and the group includes investments in associates and other investments, and loans. Geographically, operates in the region of South Africa. It derives a substantial part of its revenue from the Mustek segment.
75GF Score

Get the complete analysis for JSE:MST

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

R15.27
Price
R12.58
GF Value