Amdocs (MEX:DOX N) Dividend Payout Ratio: 0.32 (As of Mar. 2026) — 10% Above Median

Amdocs MEX:DOX N 76 Dividend Payout Ratio is 0.32 as of Mar. 2026, which is 10% above its 10-year median of 0.29. GuruFocus rates MEX:DOX N with a GF Score™ of 76/100 and a GF Value™ of MXN1,774.83 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 865 Software companies, Amdocs ranks better than 61.5% 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. Amdocs's Dividend Payout Ratio for the months ended in Mar. 2026 was 0.32.

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

MEX:DOX N' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.21 Med: 0.29 Max: 0.33
Current: 0.33

During the past 13 years, the highest Dividend Payout Ratio of Amdocs was 0.33. The lowest was 0.21. And the median was 0.29.

MEX:DOX N's Dividend Payout Ratio is ranked better than
61.5% of 865 companies
in the Software industry
Industry Median: 0.41 vs MEX:DOX N: 0.33

As of today (2026-06-25), the Dividend Yield % of Amdocs is 3.66%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Amdocs was 4.18%. The lowest was 1.20%. And the median was 1.79%.

Amdocs's Dividends per Share for the months ended in Mar. 2026 was MXN10.26.

During the past 12 months, Amdocs's average Dividends Per Share Growth Rate was 9.50% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 10.10% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 10.10% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 12.10% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Amdocs was 72.30% per year. The lowest was 10.00% per year. And the median was 13.20% 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.

Amdocs (MEX:DOX N) 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.

Amdocs Dividend Payout Ratio Related Terms

Amdocs Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Amdocs'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.

Amdocs Dividend Payout Ratio Chart

Amdocs Annual Data

Trend

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Sep24

Sep25

Dividend Payout Ratio

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0.15

0.29

0.30

Amdocs Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
Dividend Payout Ratio	Get a 7-Day Free Trial															0.36	0.38	0.29	0.34	0.32

MEX:DOX N vs DBX, PATH, ZETA: Dividend Payout Ratio Comparison

For the Software - Infrastructure subindustry, Amdocs'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.

Amdocs Dividend Payout Ratio vs Software Industry

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

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

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76GF Score

Amdocs Ltd MEX:DOX N

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

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Amdocs Dividend Payout Ratio Calculation

Amdocs'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 )
	=	37.789	/	128.226
	=	0.29

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

Dividend Payout Ratio	=	Dividends per Share (Q: Mar. 2026 )	/	EPS without NRI (Q: Mar. 2026 )
	=	10.261	/	32.098
	=	0.32

Frequently Asked Questions Learn more about Dividend Payout Ratio →

What does a Dividend Payout Ratio of 0.32 mean?

Amdocs (MEX:DOX N) has a Dividend Payout Ratio of 0.32 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Amdocs and its competitors. This is 10% above median its historical median of 0.29. Over the past decade, Amdocs' Dividend Payout Ratio has ranged from 0.21 to 0.33. According to the industry distribution chart, Amdocs ranks #333 out of 865 companies in the Software industry, placing it in the top 38.5%.

Is Amdocs' Dividend Payout Ratio too high?

Amdocs' current Dividend Payout Ratio of 0.32 is 10% above median its 10-year median of 0.29. Over the past 10 years, this metric has ranged from a low of 0.21 to a high of 0.33. The Software industry median Dividend Payout Ratio is 0.41. Amdocs' value of 0.32 is 22% below this industry median. Based on the distribution chart, Amdocs ranks #333 out of 865 companies in the Software industry, which is above the industry midpoint. Overall, Amdocs has a GF Score™ of 76/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.

How does Amdocs' Dividend Payout Ratio compare to DBX and PATH?

According to the Software industry distribution chart, Amdocs ranks #333 out of 865 companies for Dividend Payout Ratio. This puts Amdocs in the upper half of its industry. The industry median Dividend Payout Ratio is 0.41. Amdocs' value of 0.32 is 22% below this benchmark. Historically, Amdocs' own Dividend Payout Ratio has ranged from 0.21 to 0.33 over the past decade. While the company's 10-year median is 0.29 vs. the industry median of 0.41, Amdocs 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 Software company?

The median Dividend Payout Ratio among Software companies is 0.41, based on 865 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. Amdocs's current Dividend Payout Ratio of 0.32 is 22% 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 Amdocs and its competitors. For the Software 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. Amdocs's current Dividend Payout Ratio is 0.32, which is 10% above median its own 10-year median of 0.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Amdocs stock overvalued right now?

Based on GuruFocus' analysis, Amdocs (MEX:DOX N) is currently considered Significantly Undervalued. The stock's GF Value™ is MXN1,774.83, compared to a current price of MXN1,052.35 — trading 40.7% below its estimated fair value. The current Dividend Payout Ratio is 0.32, which is 10% above median its 10-year median of 0.29 and 22% below the Software industry median of 0.41. Amdocs' overall GF Score™ is 76/100 with 2 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 Amdocs (MEX:DOX N), the current Dividend Payout Ratio is 0.32 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 Amdocs (MEX:DOX N) Overvalued in 2026?

Based on GuruFocus' analysis, Amdocs stock appears to be undervalued. The current stock price of MXN1,052.35 is trading 40.7% below its estimated GF Value™ of MXN1,774.83. GuruFocus considers Amdocs to be Significantly Undervalued.

Key valuation signals for MEX:DOX N:

Dividend Payout Ratio: 0.32 (10% above median its 10-year median of 0.29)
GF Value™: MXN1,774.83 vs. price of MXN1,052.35 (40.7% below fair value)
GF Score™: 76/100 with 2 warning signs
Industry Position: 22% below the Software median (#333 of 865)

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

Amdocs Business Description

Industry Technology Software

Comparable Companies DBX PATH ZETA S BLSH GTLB WEX NTSK CORZ ACIW MSFT ORCL PLTR PANW CRWD FTNT SNPS HKSE:02513 NET CRWV

Other Exchanges DOX:USA AOS:Germany D2OX34:Brazil

Address 625 Maryville Centre Drive, Suite 200, Saint Louis, MO, USA, 63141

Website https://www.amdocs.com

Amdocs Ltd is a provider of software and services to communications, entertainment, and media service providers. The Company operates in a single segment and designs, develops, markets, supports, implements, and operates open and modular cloud offerings. Its portfolio includes solutions across digital business systems and legacy business and operational support systems, supporting multiple lines of business such as wireless, broadband, cable, fiber, satellite, and digital services. The Company leverages artificial intelligence to support digital transformation, cloud adoption, and intelligent network automation. Geographically, it derives a majority of its revenue from North America and also operates in Europe and the rest of the world.

76GF Score

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

MXN1,052.35

Price

MXN1,774.83

GF Value

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