Guinness Nigeria (NSA:GUIN) Dividend Payout Ratio: 0.29 (As of Jun. 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSA:GUIN Guinness Nigeria PLC NSA:GUIN
63 GF Score
Price ₦376.00
GF Value ₦170.07
Valuation Significantly Overvalued
! 1 Warning Sign
View Full Analysis

What is Guinness Nigeria Dividend Payout Ratio?

Guinness Nigeria NSA:GUIN 63 Dividend Payout Ratio is 0.29 as of Jun. 2026, which is 7% above its 10-year median of 0.27. GuruFocus rates NSA:GUIN with a GF Score™ of 63/100 and a GF Value™ of ₦170.07 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 119 Beverages - Alcoholic companies, Guinness Nigeria ranks better than 94.12% 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. Guinness Nigeria's Dividend Payout Ratio for the months ended in Jun. 2026 was 0.29.

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

NSA:GUIN' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.07   Med: 0.27   Max: 0.71
Current: 0.12


During the past 13 years, the highest Dividend Payout Ratio of Guinness Nigeria was 0.71. The lowest was 0.07. And the median was 0.27.

NSA:GUIN's Dividend Payout Ratio is ranked better than
94.12% of 119 companies
in the Beverages - Alcoholic industry
Industry Median: 0.55 vs NSA:GUIN: 0.12

As of today (2026-08-14), the Dividend Yield % of Guinness Nigeria is 2.39%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Guinness Nigeria was 12.98%. The lowest was 0.42%. And the median was 4.74%.

Guinness Nigeria's Dividends per Share for the months ended in Jun. 2026 was ₦2.00.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Guinness Nigeria was 71.90% per year. The lowest was -58.50% per year. And the median was -25.60% 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.


Guinness Nigeria (NSA:GUIN) 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.


Guinness Nigeria Dividend Payout Ratio Related Terms


Guinness Nigeria Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Guinness Nigeria'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.

Guinness Nigeria Dividend Payout Ratio Chart

Guinness Nigeria Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.07 0.00 0.00

Guinness Nigeria Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Dec24 Mar25 Jun25 Sep25 Mar26 Jun26
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 0.00 0.29

NSA:GUIN vs STZ, TAP: Dividend Payout Ratio Comparison

For the Beverages - Brewers subindustry, Guinness Nigeria'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.


Guinness Nigeria Dividend Payout Ratio vs Beverages - Alcoholic Industry

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

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


NSA:GUIN
63GF Score
Guinness Nigeria PLC NSA:GUIN
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Guinness Nigeria 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.

Guinness Nigeria's Dividend Payout Ratio for the fiscal year that ended in Jun. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Jun. 2024 )/ EPS without NRI (A: Jun. 2024 )
=0/ -25.007
=N/A

Guinness Nigeria's Dividend Payout Ratio for the quarter that ended in Jun. 2026 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Jun. 2026 )/ EPS without NRI (Q: Jun. 2026 )
=2/ 6.81
=0.29

* 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 0.29 mean?
Guinness Nigeria (NSA:GUIN) has a Dividend Payout Ratio of 0.29 as of Jun. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Guinness Nigeria and its competitors. This is near median its historical median of 0.27. Over the past decade, Guinness Nigeria's Dividend Payout Ratio has ranged from 0.07 to 0.71. According to the industry distribution chart, Guinness Nigeria ranks #7 out of 119 companies in the Beverages - Alcoholic industry, placing it in the top 5.9%.
Is Guinness Nigeria's Dividend Payout Ratio too high?
Guinness Nigeria's current Dividend Payout Ratio of 0.29 is near median its 10-year median of 0.27. Over the past 10 years, this metric has ranged from a low of 0.07 to a high of 0.71. The Beverages - Alcoholic industry median Dividend Payout Ratio is 0.55. Guinness Nigeria's value of 0.29 is 47.3% below this industry median. Based on the distribution chart, Guinness Nigeria ranks #7 out of 119 companies in the Beverages - Alcoholic industry, which is in the top quartile — a strong position relative to peers. Overall, Guinness Nigeria has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Guinness Nigeria's Dividend Payout Ratio compare to STZ and TAP?
According to the Beverages - Alcoholic industry distribution chart, Guinness Nigeria ranks #7 out of 119 companies for Dividend Payout Ratio. This places Guinness Nigeria in the top 6% of its industry — outperforming the majority of peers. The industry median Dividend Payout Ratio is 0.55. Guinness Nigeria's value of 0.29 is 47.3% below this benchmark. Historically, Guinness Nigeria's own Dividend Payout Ratio has ranged from 0.07 to 0.71 over the past decade. While the company's 10-year median is 0.27 vs. the industry median of 0.55, Guinness Nigeria 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 0.55, based on 119 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. Guinness Nigeria's current Dividend Payout Ratio of 0.29 is 47.3% 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 Guinness Nigeria and its competitors. For the Beverages - Alcoholic industry, the median Dividend Payout Ratio is 0.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Guinness Nigeria's current Dividend Payout Ratio is 0.29, which is near median its own 10-year median of 0.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Guinness Nigeria stock overvalued right now?
Based on GuruFocus' analysis, Guinness Nigeria (NSA:GUIN) is currently considered Significantly Overvalued. The stock's GF Value™ is ₦170.07, compared to a current price of ₦376.00 — trading 121.1% above its estimated fair value. The current Dividend Payout Ratio is 0.29, which is near median its 10-year median of 0.27 and 47.3% below the Beverages - Alcoholic industry median of 0.55. Guinness Nigeria's overall GF Score™ is 63/100 with 1 warning sign 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 Guinness Nigeria (NSA:GUIN), the current Dividend Payout Ratio is 0.29 as of Jun. 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 Guinness Nigeria (NSA:GUIN) Overvalued in 2026?

Based on GuruFocus' analysis, Guinness Nigeria stock appears to be overvalued. The current stock price of ₦376.00 is trading 121.1% above its estimated GF Value™ of ₦170.07. GuruFocus considers Guinness Nigeria to be Significantly Overvalued.

Key valuation signals for NSA:GUIN:

  • Dividend Payout Ratio: 0.29 (near median its 10-year median of 0.27)
  • GF Value™: ₦170.07 vs. price of ₦376.00 (121.1% above fair value)
  • GF Score™: 63/100 with 1 warning sign
  • Industry Position: 47.3% below the Beverages - Alcoholic median (#7 of 119)

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


Guinness Nigeria Business Description

Address Cocoa Industries Road, (Guinness Road) Ogba-Ikeja, Lagos, Lagos, NGA, 21071
Guinness Nigeria PLC is a beverage manufacturing company. The company is engaged in brewing, packaging, marketing and selling of various beverage brand including Guinness Foreign Extra Stout, Guinness Smooth, Malta Guinness, Smirnoff Ice, Dubic Malt, Orijin Spirit Mixed Drink, Orijin Bitters, Baileys Delight, Gordons Moringa, Captain Morgan Gold and Don Royale among others. Geographically, it derives a majority of revenue from Nigeria.
63GF Score

Get the complete analysis for NSA:GUIN

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

₦376.00
Price
₦170.07
GF Value