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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. Zambia National Commercial Bank's Dividend Payout Ratio for the
months ended in Mar. 2026 was 0.00.
The historical rank and industry rank for Zambia National Commercial Bank's Dividend Payout Ratio or its related term are showing as below:
LUS:ZNCO'
s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.24 Med: 0.3 Max: 0.33
Current: 0.32
During the past 9 years, the highest Dividend Payout Ratio of Zambia National Commercial Bank was 0.33. The lowest was 0.24. And the median was 0.30.
LUS:ZNCO's Dividend Payout Ratio is ranked better than 51.79% of 1170
companies
in the Banks industry
Industry Median: 0.32
vs LUS:ZNCO: 0.32
During the past 9 years, the highest Trailing Annual Dividend Yield of Zambia National Commercial Bank was 9.81%. The lowest was 4.41%. And the median was 7.31%.
During the past 3 years, the average Dividends Per Share Growth Rate was 20.20% per year.
During the past 9 years, the highest 3-Year average Dividends Per Share Growth Rate of Zambia National Commercial Bank was 20.20% per year. The lowest was 20.20% per year. And the median was 20.20% 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.
Zambia National Commercial Bank (LUS:ZNCO) 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.
Zambia National Commercial Bank Dividend Payout Ratio Related Terms
Zambia National Commercial Bank Dividend Payout Ratio Historical Data
* 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.
Zambia National Commercial Bank Dividend Payout Ratio Chart
LUS:ZNCO vs PNC, USB: Dividend Payout Ratio Comparison
For the Banks - Regional subindustry, Zambia National Commercial Bank'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.
Zambia National Commercial Bank Dividend Payout Ratio vs Banks Industry
For the Banks industry and Financial Services sector, Zambia National Commercial Bank's Dividend Payout Ratio distribution charts can be found below:
* The bar in red indicates where Zambia National Commercial Bank's Dividend Payout Ratio falls into.
Zambia National Commercial Bank 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.
* 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.
Zambia National Commercial Bank (LUS:ZNCO) has a Dividend Payout Ratio of 0.00 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Zambia National Commercial Bank and its competitors. Over the past decade, Zambia National Commercial Bank's Dividend Payout Ratio has ranged from 0.24 to 0.33. According to the industry distribution chart, Zambia National Commercial Bank ranks #564 out of 1170 companies in the Banks industry, placing it in the top 48.2%.
Is Zambia National Commercial Bank's Dividend Payout Ratio too high?
Zambia National Commercial Bank's current Dividend Payout Ratio is 0.00. Over the past 10 years, this metric has ranged from a low of 0.24 to a high of 0.33. Based on the distribution chart, Zambia National Commercial Bank ranks #564 out of 1170 companies in the Banks industry, which is above the industry midpoint. Overall, Zambia National Commercial Bank has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Zambia National Commercial Bank's Dividend Payout Ratio compare to PNC and USB?
According to the Banks industry distribution chart, Zambia National Commercial Bank ranks #564 out of 1170 companies for Dividend Payout Ratio. This puts Zambia National Commercial Bank in the upper half of its industry. The industry median Dividend Payout Ratio is 0.32. Historically, Zambia National Commercial Bank's own Dividend Payout Ratio has ranged from 0.24 to 0.33 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 Banks company?
The median Dividend Payout Ratio among Banks companies is 0.32, based on 1,170 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 Zambia National Commercial Bank and its competitors. For the Banks industry, the median Dividend Payout Ratio is 0.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zambia National Commercial Bank'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 Zambia National Commercial Bank stock overvalued right now?
Based on GuruFocus' analysis, Zambia National Commercial Bank (LUS:ZNCO) is currently considered Significantly Overvalued. The stock's GF Value™ is ZMW6.08, compared to a current price of ZMW9.54 — trading 56.9% above its estimated fair value. The current Dividend Payout Ratio is 0.00. Zambia National Commercial Bank's overall GF Score™ is 71/100 with 5 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 Zambia National Commercial Bank (LUS:ZNCO), the current Dividend Payout Ratio is 0.00 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 Zambia National Commercial Bank (LUS:ZNCO) Overvalued in 2026?
Based on GuruFocus' analysis, Zambia National Commercial Bank stock appears to be overvalued.
The current stock price of ZMW9.54 is trading 56.9% above its estimated GF Value™ of ZMW6.08.
GuruFocus considers Zambia National Commercial Bank to be Significantly Overvalued.
Key valuation signals for LUS:ZNCO:
Dividend Payout Ratio: 0.00
GF Value™: ZMW6.08 vs. price of ZMW9.54 (56.9% above fair value)
No single metric tells the full story. See the LUS:ZNCO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zambia National Commercial Bank Business Description
Zambia National Commercial Bank PLC offers commercial banking services. Its principal activities include: the provision of retail, commercial Banking and related services to the general public, the provision of payment and technology solutions through the Digital Shared Services Limited (DSSL), and offering tailored insurance and risk advisory services. The company's segments include: Corporate Banking, Business Banking, Retail Banking, Digital Banking, and Treasury Management. The majority of revenue is derived from the Corporate banking segment, which provides corporate and investment banking solutions that incorporate direct debit facilities, deposit products, overdrafts, loans and other credit facilities and foreign currency solutions.
71GF Score
Get the complete analysis for LUS:ZNCO
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