Tsogo SunJSE:TSG 83 Dividend Payout Ratio is 0.19 as of Mar. 2026, which is 63% below its 10-year median of 0.51. GuruFocus rates JSE:TSG with a GF Score™ of 83/100 and a GF Value™ of R10.61 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 346 Travel & Leisure companies, Tsogo Sun ranks better than 67.92% 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. Tsogo Sun's Dividend Payout Ratio for the
months ended in Mar. 2026 was 0.19.
The historical rank and industry rank for Tsogo Sun's Dividend Payout Ratio or its related term are showing as below:
JSE:TSG'
s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.28 Med: 0.51 Max: 1.29
Current: 0.29
During the past 13 years, the highest Dividend Payout Ratio of Tsogo Sun was 1.29. The lowest was 0.28. And the median was 0.51.
JSE:TSG's Dividend Payout Ratio is ranked better than 67.92% of 346
companies
in the Travel & Leisure industry
Industry Median: 0.43
vs JSE:TSG: 0.29
During the past 12 months, Tsogo Sun's average Dividends Per Share Growth Rate was -35.70% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was -2.80% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Tsogo Sun was 50.40% per year. The lowest was -15.80% per year. And the median was 7.20% 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.
Tsogo Sun (JSE:TSG) 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.
Tsogo Sun Dividend Payout Ratio Related Terms
Tsogo Sun Dividend Payout Ratio Historical Data
* Premium members only.
The historical data trend for Tsogo Sun'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.
JSE:TSG vs LVS, MGM, WYNN: Dividend Payout Ratio Comparison
For the Resorts & Casinos subindustry, Tsogo Sun'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.
Tsogo Sun Dividend Payout Ratio vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Tsogo Sun's Dividend Payout Ratio distribution charts can be found below:
* The bar in red indicates where Tsogo Sun's Dividend Payout Ratio falls into.
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.
Tsogo Sun's Dividend Payout Ratio for the fiscal year that ended in Mar. 2026 is calculated as
* 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.
Tsogo Sun (JSE:TSG) has a Dividend Payout Ratio of 0.19 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Tsogo Sun and its competitors. This is 63% below median its historical median of 0.51. Over the past decade, Tsogo Sun's Dividend Payout Ratio has ranged from 0.28 to 1.29. According to the industry distribution chart, Tsogo Sun ranks #111 out of 346 companies in the Travel & Leisure industry, placing it in the top 32.1%.
Is Tsogo Sun's Dividend Payout Ratio too high?
Tsogo Sun's current Dividend Payout Ratio of 0.19 is 63% below median its 10-year median of 0.51. Over the past 10 years, this metric has ranged from a low of 0.28 to a high of 1.29. The Travel & Leisure industry median Dividend Payout Ratio is 0.43. Tsogo Sun's value of 0.19 is 55.8% below this industry median. Based on the distribution chart, Tsogo Sun ranks #111 out of 346 companies in the Travel & Leisure industry, which is above the industry midpoint. Overall, Tsogo Sun has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tsogo Sun's Dividend Payout Ratio compare to LVS and MGM?
According to the Travel & Leisure industry distribution chart, Tsogo Sun ranks #111 out of 346 companies for Dividend Payout Ratio. This puts Tsogo Sun in the upper half of its industry. The industry median Dividend Payout Ratio is 0.43. Tsogo Sun's value of 0.19 is 55.8% below this benchmark. Historically, Tsogo Sun's own Dividend Payout Ratio has ranged from 0.28 to 1.29 over the past decade. While the company's 10-year median is 0.51 vs. the industry median of 0.43, Tsogo Sun 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 Travel & Leisure company?
The median Dividend Payout Ratio among Travel & Leisure companies is 0.43, based on 346 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. Tsogo Sun's current Dividend Payout Ratio of 0.19 is 55.8% 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 Tsogo Sun and its competitors. For the Travel & Leisure industry, the median Dividend Payout Ratio is 0.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tsogo Sun's current Dividend Payout Ratio is 0.19, which is 63% below median its own 10-year median of 0.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tsogo Sun stock overvalued right now?
Based on GuruFocus' analysis, Tsogo Sun (JSE:TSG) is currently considered Modestly Undervalued. The stock's GF Value™ is R10.61, compared to a current price of R7.90 — trading 25.5% below its estimated fair value. The current Dividend Payout Ratio is 0.19, which is 63% below median its 10-year median of 0.51 and 55.8% below the Travel & Leisure industry median of 0.43. Tsogo Sun's overall GF Score™ is 83/100 with 4 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 Tsogo Sun (JSE:TSG), the current Dividend Payout Ratio is 0.19 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 Tsogo Sun (JSE:TSG) Overvalued in 2026?
Based on GuruFocus' analysis, Tsogo Sun stock appears to be undervalued.
The current stock price of R7.90 is trading 25.5% below its estimated GF Value™ of R10.61.
GuruFocus considers Tsogo Sun to be Modestly Undervalued.
Key valuation signals for JSE:TSG:
Dividend Payout Ratio: 0.19 (63% below median its 10-year median of 0.51)
GF Value™: R10.61 vs. price of R7.90 (25.5% below fair value)
Industry Position: 55.8% below the Travel & Leisure median (#111 of 346)
No single metric tells the full story. See the JSE:TSG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tsogo Sun Ltd is engaged principally in the gaming, entertainment, and hospitality industry operating in South Africa. It owns and operates casino and entertainment destinations in South Africa, hotels, Galaxy Bingo sites, VSlots limited payout machines, playTSOGO, Bet.co.za, a Theme Park, theatres, cinemas, restaurants, bars, and conference facilities. The company's operating segments are; Casinos, LPMs, Other gaming and betting, and Corporate. Maximum revenue for the company is derived from its Casinos segment.
83GF Score
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