XP (MEX:XP N) Dividend Payout Ratio: 0.00 (As of Mar. 2026)


MEX:XP N XP Inc MEX:XP N
58 GF Score
Price MXN315.00
GF Value MXN680.19
Valuation Possible Value Trap
! 6 Warning Signs
View Full Analysis

What is XP Dividend Payout Ratio?

XP MEX:XP N 58 Dividend Payout Ratio is 0.00 as of Mar. 2026. GuruFocus rates MEX:XP N with a GF Score™ of 58/100 and a GF Value™ of MXN680.19 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 327 Capital Markets companies, XP ranks better than 88.99% 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. XP's Dividend Payout Ratio for the months ended in Mar. 2026 was 0.00.

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

MEX:XP N' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.1   Med: 0.49   Max: 0.91
Current: 0.1


During the past 10 years, the highest Dividend Payout Ratio of XP was 0.91. The lowest was 0.10. And the median was 0.49.

MEX:XP N's Dividend Payout Ratio is ranked better than
88.99% of 327 companies
in the Capital Markets industry
Industry Median: 0.34 vs MEX:XP N: 0.10

As of today (2026-06-25), the Dividend Yield % of XP is 1.10%.

During the past 10 years, the highest Trailing Annual Dividend Yield of XP was 8.06%. The lowest was 0.79%. And the median was 4.03%.

XP's Dividends per Share for the months ended in Mar. 2026 was MXN0.00.

During the past 12 months, XP's average Dividends Per Share Growth Rate was -72.50% 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.


XP (MEX:XP 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.


XP Dividend Payout Ratio Related Terms


XP Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for XP'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.

XP Dividend Payout Ratio Chart

XP Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.91 0.49 0.10

XP 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 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 0.00 0.00 0.00 0.40 0.00

MEX:XP N vs SNEX, FIGR, HLI: Dividend Payout Ratio Comparison

For the Capital Markets subindustry, XP'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.


XP Dividend Payout Ratio vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, XP's Dividend Payout Ratio distribution charts can be found below:

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


MEX:XP N
58GF Score
XP Inc MEX:XP N
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

XP 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.

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

Dividend Payout Ratio=Dividends per Share (A: Dec. 2025 )/ EPS without NRI (A: Dec. 2025 )
=3.255/ 32.376
=0.10

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

Dividend Payout Ratio=Dividends per Share (Q: Mar. 2026 )/ Earnings per Share (Diluted) (Q: Mar. 2026 )
=0/ 8.796
=0.00

* 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 0.00 mean?
XP (MEX:XP N) 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 XP and its competitors. Over the past decade, XP's Dividend Payout Ratio has ranged from 0.10 to 0.91. According to the industry distribution chart, XP ranks #36 out of 327 companies in the Capital Markets industry, placing it in the top 11%.
Is XP's Dividend Payout Ratio too high?
XP's current Dividend Payout Ratio is 0.00. Over the past 10 years, this metric has ranged from a low of 0.10 to a high of 0.91. Based on the distribution chart, XP ranks #36 out of 327 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, XP has a GF Score™ of 58/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does XP's Dividend Payout Ratio compare to SNEX and FIGR?
According to the Capital Markets industry distribution chart, XP ranks #36 out of 327 companies for Dividend Payout Ratio. This places XP in the top 11% of its industry — outperforming the majority of peers. The industry median Dividend Payout Ratio is 0.34. Historically, XP's own Dividend Payout Ratio has ranged from 0.10 to 0.91 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 Capital Markets company?
The median Dividend Payout Ratio among Capital Markets companies is 0.34, based on 327 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 XP and its competitors. For the Capital Markets industry, the median Dividend Payout Ratio is 0.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. XP'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 XP stock overvalued right now?
Based on GuruFocus' analysis, XP (MEX:XP N) is currently considered Possible Value Trap. The stock's GF Value™ is MXN680.19, compared to a current price of MXN315.00 — trading 53.7% below its estimated fair value. The current Dividend Payout Ratio is 0.00. XP's overall GF Score™ is 58/100 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 XP (MEX:XP N), 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 XP (MEX:XP N) Overvalued in 2026?

Based on GuruFocus' analysis, XP stock appears to be undervalued. The current stock price of MXN315.00 is trading 53.7% below its estimated GF Value™ of MXN680.19. GuruFocus considers XP to be Possible Value Trap.

Key valuation signals for MEX:XP N:

  • Dividend Payout Ratio: 0.00
  • GF Value™: MXN680.19 vs. price of MXN315.00 (53.7% below fair value)
  • GF Score™: 58/100 with 6 warning signs

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


XP Business Description

Address 20, Genesis Close, George Town, Vila Olimpia, Grand Cayman, CYM, KY-1-1208
XP Inc is a Cayman Island-based technology-driven financial services platform. It is a provider of low-fee financial products and services in Brazil. The company evaluates its business through a single segment such as monitoring operations, making decisions on fund allocation, and evaluating the performance. It generates revenue through the Brokerage commission. Geographically, the company derives maximum revenue from Brazil and also has its presence in other countries.
58GF Score

Get the complete analysis for MEX:XP N

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

MXN315.00
Price
MXN680.19
GF Value