Grainger (LSE:GRI) Dividend Payout Ratio: 2.07 (As of Sep. 2025) — 46% Above Median


LSE:GRI Grainger PLC LSE:GRI
68 GF Score
Price £1.70
GF Value £1.55
Valuation Fairly Valued
! 6 Warning Signs
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What is Grainger Dividend Payout Ratio?

Grainger LSE:GRI -0.47% 68 Dividend Payout Ratio is 2.07 as of Sep. 2025, which is 46% above its 10-year median of 1.42. GuruFocus rates LSE:GRI with a GF Score™ of 68/100 and a GF Value™ of £1.55 (Fairly Valued). The stock has 6 warning signs investors should review. Among 697 Real Estate companies, Grainger ranks worse than 90.82% 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. Grainger's Dividend Payout Ratio for the months ended in Sep. 2025 was 2.07.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Grainger PLC is 1.44, which seems too high.

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

LSE:GRI' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.33   Med: 1.42   Max: 1.77
Current: 1.44


During the past 13 years, the highest Dividend Payout Ratio of Grainger was 1.77. The lowest was 0.33. And the median was 1.42.

LSE:GRI's Dividend Payout Ratio is ranked worse than
90.82% of 697 companies
in the Real Estate industry
Industry Median: 0.41 vs LSE:GRI: 1.44

As of today (2026-07-01), the Dividend Yield % of Grainger is 4.95%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Grainger was 5.25%. The lowest was 1.07%. And the median was 1.91%.

Grainger's Dividends per Share for the months ended in Sep. 2025 was £0.03.

During the past 12 months, Grainger's average Dividends Per Share Growth Rate was 14.50% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 13.50% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 8.40% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 10.30% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Grainger was 30.70% per year. The lowest was -30.70% per year. And the median was 10.90% 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.


Grainger (LSE:GRI) 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.


Grainger Dividend Payout Ratio Related Terms


Grainger Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Grainger'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.

Grainger Dividend Payout Ratio Chart

Grainger Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.77 1.74 1.48 1.41 1.44

Grainger Semi-Annual Data
Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25
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 1.92 1.33 1.56 1.22 2.07

LSE:GRI vs CBRE, BEKE, JLL: Dividend Payout Ratio Comparison

For the Real Estate Services subindustry, Grainger'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.


Grainger Dividend Payout Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Grainger's Dividend Payout Ratio distribution charts can be found below:

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


LSE:GRI
68GF Score
Grainger PLC LSE:GRI
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Grainger 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.

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

Dividend Payout Ratio=Dividends per Share (A: Sep. 2025 )/ EPS without NRI (A: Sep. 2025 )
=0.079/ 0.055
=1.44

Grainger's Dividend Payout Ratio for the quarter that ended in Sep. 2025 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Sep. 2025 )/ EPS without NRI (Q: Sep. 2025 )
=0.029/ 0.014
=2.07

* 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 2.07 mean?
Grainger (LSE:GRI) has a Dividend Payout Ratio of 2.07 as of Sep. 2025. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Grainger and its competitors. This is 46% above median its historical median of 1.42. Over the past decade, Grainger's Dividend Payout Ratio has ranged from 0.33 to 1.77. According to the industry distribution chart, Grainger ranks #633 out of 697 companies in the Real Estate industry, placing it in the top 90.8%.
Is Grainger's Dividend Payout Ratio too high?
Grainger's current Dividend Payout Ratio of 2.07 is 46% above median its 10-year median of 1.42. Over the past 10 years, this metric has ranged from a low of 0.33 to a high of 1.77. The Real Estate industry median Dividend Payout Ratio is 0.41. Grainger's value of 2.07 is 404.9% above this industry median. Based on the distribution chart, Grainger ranks #633 out of 697 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Grainger has a GF Score™ of 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Grainger's Dividend Payout Ratio compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Grainger ranks #633 out of 697 companies for Dividend Payout Ratio. This places Grainger in the lower half of its industry. The industry median Dividend Payout Ratio is 0.41. Grainger's value of 2.07 is 404.9% above this benchmark. Historically, Grainger's own Dividend Payout Ratio has ranged from 0.33 to 1.77 over the past decade. While the company's 10-year median is 1.42 vs. the industry median of 0.41, Grainger 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 Real Estate company?
The median Dividend Payout Ratio among Real Estate companies is 0.41, based on 697 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. Grainger's current Dividend Payout Ratio of 2.07 is 404.9% 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 Grainger and its competitors. For the Real Estate industry, the median Dividend Payout Ratio is 0.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Grainger's current Dividend Payout Ratio is 2.07, which is 46% above median its own 10-year median of 1.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grainger stock overvalued right now?
Based on GuruFocus' analysis, Grainger (LSE:GRI) is currently considered Fairly Valued. The stock's GF Value™ is £1.55, compared to a current price of £1.70 — trading 9.5% above its estimated fair value. The current Dividend Payout Ratio is 2.07, which is 46% above median its 10-year median of 1.42 and 404.9% above the Real Estate industry median of 0.41. Grainger's overall GF Score™ is 68/100 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 Grainger (LSE:GRI), the current Dividend Payout Ratio is 2.07 as of Sep. 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 Grainger (LSE:GRI) Overvalued in 2026?

Based on GuruFocus' analysis, Grainger stock appears to be overvalued. The current stock price of £1.70 is trading 9.5% above its estimated GF Value™ of £1.55. GuruFocus considers Grainger to be Fairly Valued.

Key valuation signals for LSE:GRI:

  • Dividend Payout Ratio: 2.07 (46% above median its 10-year median of 1.42)
  • GF Value™: £1.55 vs. price of £1.70 (9.5% above fair value)
  • GF Score™: 68/100 with 6 warning signs
  • Industry Position: 404.9% above the Real Estate median (#633 of 697)

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


Grainger Business Description

Other Exchanges GRGTF:USAGRIl:UK1U4:Germany
Address St James Boulevard, Citygate, Newcastle upon Tyne, GBR, NE1 4JE
Grainger PLC owns, leases, and manages residential properties. The company derives the vast majority of its revenue through property sales and rental income. The business categorizes its operations into U.K. residential, retirement solutions, fund and third-party management, the U.K. and European development, German residential, and others. U.K. Residential represents the bulk of the group's revenue, with retirement solutions and the UK and European development also contributing a substantial portion. The company also offers residential fund- and asset management services. The two segments for the company are PRS which derives maximum revenue, and Reversionary.
68GF Score

Get the complete analysis for LSE:GRI

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

£1.70
Price
£1.55
GF Value