East African Breweries (NAI:EABL) Dividend Payout Ratio: 0.24 (As of Dec. 2025) — 68% Below Median

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NAI:EABL East African Breweries PLC NAI:EABL
87 GF Score
Price KES252.25
GF Value KES320.48
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is East African Breweries Dividend Payout Ratio?

East African Breweries NAI:EABL -7.35% 87 Dividend Payout Ratio is 0.24 as of Dec. 2025, which is 68% below its 10-year median of 0.75. GuruFocus rates NAI:EABL with a GF Score™ of 87/100 and a GF Value™ of KES320.48 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 118 Beverages - Alcoholic companies, East African Breweries ranks better than 77.97% 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. East African Breweries's Dividend Payout Ratio for the months ended in Dec. 2025 was 0.24.

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

NAI:EABL' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.22   Med: 0.75   Max: 1.64
Current: 0.32


During the past 13 years, the highest Dividend Payout Ratio of East African Breweries was 1.64. The lowest was 0.22. And the median was 0.75.

NAI:EABL's Dividend Payout Ratio is ranked better than
77.97% of 118 companies
in the Beverages - Alcoholic industry
Industry Median: 0.515 vs NAI:EABL: 0.32

As of today (2026-07-17), the Dividend Yield % of East African Breweries is 3.49%.

During the past 13 years, the highest Trailing Annual Dividend Yield of East African Breweries was 10.53%. The lowest was 1.42%. And the median was 3.53%.

East African Breweries's Dividends per Share for the months ended in Dec. 2025 was KES5.50.

During the past 12 months, East African Breweries's average Dividends Per Share Growth Rate was 14.30% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 31.40% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of East African Breweries was 45.80% per year. The lowest was -22.30% per year. And the median was 6.30% 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.


East African Breweries (NAI:EABL) 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.


East African Breweries Dividend Payout Ratio Related Terms


East African Breweries Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for East African Breweries'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.

East African Breweries Dividend Payout Ratio Chart

East African Breweries Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.22 0.89 0.27 0.70

East African Breweries Semi-Annual Data
Jun14 Dec14 Jun15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Jun21 Jun22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.13 0.58 0.39 1.45 0.24

NAI:EABL vs BUD, STZ, TAP: Dividend Payout Ratio Comparison

For the Beverages - Brewers subindustry, East African Breweries'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.


East African Breweries Dividend Payout Ratio vs Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, East African Breweries's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where East African Breweries's Dividend Payout Ratio falls into.


NAI:EABL
87GF Score
East African Breweries PLC NAI:EABL
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

East African Breweries 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.

East African Breweries's Dividend Payout Ratio for the fiscal year that ended in Jun. 2025 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Jun. 2025 )/ EPS without NRI (A: Jun. 2025 )
=8.5/ 12.233
=0.69

East African Breweries's Dividend Payout Ratio for the quarter that ended in Dec. 2025 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2025 )/ EPS without NRI (Q: Dec. 2025 )
=5.5/ 23.36
=0.24

* 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 0.24 mean?
East African Breweries (NAI:EABL) has a Dividend Payout Ratio of 0.24 as of Dec. 2025. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on East African Breweries and its competitors. This is 68% below median its historical median of 0.75. Over the past decade, East African Breweries' Dividend Payout Ratio has ranged from 0.22 to 1.64. According to the industry distribution chart, East African Breweries ranks #26 out of 118 companies in the Beverages - Alcoholic industry, placing it in the top 22%.
Is East African Breweries' Dividend Payout Ratio too high?
East African Breweries' current Dividend Payout Ratio of 0.24 is 68% below median its 10-year median of 0.75. Over the past 10 years, this metric has ranged from a low of 0.22 to a high of 1.64. The Beverages - Alcoholic industry median Dividend Payout Ratio is 0.52. East African Breweries' value of 0.24 is 53.4% below this industry median. Based on the distribution chart, East African Breweries ranks #26 out of 118 companies in the Beverages - Alcoholic industry, which is in the top quartile — a strong position relative to peers. Overall, East African Breweries has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does East African Breweries' Dividend Payout Ratio compare to BUD and STZ?
According to the Beverages - Alcoholic industry distribution chart, East African Breweries ranks #26 out of 118 companies for Dividend Payout Ratio. This places East African Breweries in the top 22% of its industry — outperforming the majority of peers. The industry median Dividend Payout Ratio is 0.52. East African Breweries' value of 0.24 is 53.4% below this benchmark. Historically, East African Breweries' own Dividend Payout Ratio has ranged from 0.22 to 1.64 over the past decade. While the company's 10-year median is 0.75 vs. the industry median of 0.52, East African Breweries 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 Beverages - Alcoholic company?
The median Dividend Payout Ratio among Beverages - Alcoholic companies is 0.52, based on 118 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. East African Breweries's current Dividend Payout Ratio of 0.24 is 53.4% 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 East African Breweries and its competitors. For the Beverages - Alcoholic industry, the median Dividend Payout Ratio is 0.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. East African Breweries's current Dividend Payout Ratio is 0.24, which is 68% below median its own 10-year median of 0.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is East African Breweries stock overvalued right now?
Based on GuruFocus' analysis, East African Breweries (NAI:EABL) is currently considered Modestly Undervalued. The stock's GF Value™ is KES320.48, compared to a current price of KES252.25 — trading 21.3% below its estimated fair value. The current Dividend Payout Ratio is 0.24, which is 68% below median its 10-year median of 0.75 and 53.4% below the Beverages - Alcoholic industry median of 0.52. East African Breweries' overall GF Score™ is 87/100 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 East African Breweries (NAI:EABL), the current Dividend Payout Ratio is 0.24 as of Dec. 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 East African Breweries (NAI:EABL) Overvalued in 2026?

Based on GuruFocus' analysis, East African Breweries stock appears to be undervalued. The current stock price of KES252.25 is trading 21.3% below its estimated GF Value™ of KES320.48. GuruFocus considers East African Breweries to be Modestly Undervalued.

Key valuation signals for NAI:EABL:

  • Dividend Payout Ratio: 0.24 (68% below median its 10-year median of 0.75)
  • GF Value™: KES320.48 vs. price of KES252.25 (21.3% below fair value)
  • GF Score™: 87/100 with 4 warning signs
  • Industry Position: 53.4% below the Beverages - Alcoholic median (#26 of 118)

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


East African Breweries Business Description

Address Corporate Centre, P.O. Box 30161, Block A, 5th Floor, Garden City Business Park, Ruaraka, Nairobi, KEN, 00100
East African Breweries PLC is a branded alcohol beverage company. The firm and its subsidiaries are involved in the marketing, production, and distribution of a collection of brands that range from beer, spirits, and adult non-alcoholic drinks. The company has invested in breweries, distilleries, support industries, and a distribution network across the region. The firm derives its revenue mainly from brewing, marketing, and selling of drinks, malt, and barley. Its geographical segments include Kenya, Uganda, and Tanzania, of which the majority of the revenue is generated from Kenya.
87GF Score

Get the complete analysis for NAI:EABL

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

KES252.25
Price
KES320.48
GF Value