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TransnationalNSA:TRCNP +3.55%85 Dividend Payout Ratio is 2.05 as of Jun. 2026, which is 1764% above its 10-year median of 0.11. GuruFocus rates NSA:TRCNP with a GF Score™ of 85/100 and a GF Value™ of ₦66.59 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 179 Utilities - Independent Power Producers companies, Transnational ranks better than 75.98% 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. Transnational's Dividend Payout Ratio for the
months ended in Jun. 2026 was 2.05.
The historical rank and industry rank for Transnational's Dividend Payout Ratio or its related term are showing as below:
NSA:TRCNP'
s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.04 Med: 0.11 Max: 0.73
Current: 0.26
During the past 13 years, the highest Dividend Payout Ratio of Transnational was 0.73. The lowest was 0.04. And the median was 0.11.
NSA:TRCNP's Dividend Payout Ratio is ranked better than 75.98% of 179
companies
in the Utilities - Independent Power Producers industry
Industry Median: 0.44
vs NSA:TRCNP: 0.26
During the past 12 months, Transnational's average Dividends Per Share Growth Rate was 100.00% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 132.10% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 110.20% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Transnational was 171.40% per year. The lowest was -29.60% per year. And the median was 29.20% 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.
Transnational (NSA:TRCNP) 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.
Transnational Dividend Payout Ratio Related Terms
Transnational Dividend Payout Ratio Historical Data
* Premium members only.
The historical data trend for Transnational'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.
NSA:TRCNP vs CEG, VST, NRG: Dividend Payout Ratio Comparison
For the Utilities - Independent Power Producers subindustry, Transnational'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.
Transnational Dividend Payout Ratio vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Transnational's Dividend Payout Ratio distribution charts can be found below:
* The bar in red indicates where Transnational's Dividend Payout Ratio falls into.
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.
Transnational's Dividend Payout Ratio for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
Transnational (NSA:TRCNP) has a Dividend Payout Ratio of 2.05 as of Jun. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Transnational and its competitors. This is 1764% above median its historical median of 0.11. Over the past decade, Transnational's Dividend Payout Ratio has ranged from 0.04 to 0.73. According to the industry distribution chart, Transnational ranks #43 out of 179 companies in the Utilities - Independent Power Producers industry, placing it in the top 24%.
Is Transnational's Dividend Payout Ratio too high?
Transnational's current Dividend Payout Ratio of 2.05 is 1764% above median its 10-year median of 0.11. Over the past 10 years, this metric has ranged from a low of 0.04 to a high of 0.73. The Utilities - Independent Power Producers industry median Dividend Payout Ratio is 0.44. Transnational's value of 2.05 is 365.9% above this industry median. Based on the distribution chart, Transnational ranks #43 out of 179 companies in the Utilities - Independent Power Producers industry, which is in the top quartile — a strong position relative to peers. Overall, Transnational has a GF Score™ of 85/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Transnational's Dividend Payout Ratio compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, Transnational ranks #43 out of 179 companies for Dividend Payout Ratio. This places Transnational in the top 24% of its industry — outperforming the majority of peers. The industry median Dividend Payout Ratio is 0.44. Transnational's value of 2.05 is 365.9% above this benchmark. Historically, Transnational's own Dividend Payout Ratio has ranged from 0.04 to 0.73 over the past decade. While the company's 10-year median is 0.11 vs. the industry median of 0.44, Transnational has consistently been above 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 an Utilities - Independent Power Producers company?
The median Dividend Payout Ratio among Utilities - Independent Power Producers companies is 0.44, based on 179 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. Transnational's current Dividend Payout Ratio of 2.05 is 365.9% above 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 Transnational and its competitors. For the Utilities - Independent Power Producers industry, the median Dividend Payout Ratio is 0.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Transnational's current Dividend Payout Ratio is 2.05, which is 1764% above median its own 10-year median of 0.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Transnational stock overvalued right now?
Based on GuruFocus' analysis, Transnational (NSA:TRCNP) is currently considered Possible Value Trap. The stock's GF Value™ is ₦66.59, compared to a current price of ₦40.85 — trading 38.7% below its estimated fair value. The current Dividend Payout Ratio is 2.05, which is 1764% above median its 10-year median of 0.11 and 365.9% above the Utilities - Independent Power Producers industry median of 0.44. Transnational's overall GF Score™ is 85/100 with 3 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 Transnational (NSA:TRCNP), the current Dividend Payout Ratio is 2.05 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 Transnational (NSA:TRCNP) Overvalued in 2026?
Based on GuruFocus' analysis, Transnational stock appears to be undervalued.
The current stock price of ₦40.85 is trading 38.7% below its estimated GF Value™ of ₦66.59.
GuruFocus considers Transnational to be Possible Value Trap.
Key valuation signals for NSA:TRCNP:
Dividend Payout Ratio: 2.05 (1764% above median its 10-year median of 0.11)
GF Value™: ₦66.59 vs. price of ₦40.85 (38.7% below fair value)
Industry Position: 365.9% above the Utilities - Independent Power Producers median (#43 of 179)
No single metric tells the full story. See the NSA:TRCNP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Transnational Corp PLC is a diversified conglomerate. Its business segments are Power, Oil and Gas, Hospitality, Corporate Centre, and Agro-allied. The group generates the majority of the revenue from the Power segment. In the Power segment, the company through its subsidiary, is engaged in the generation of electric power. The group provides hospitality services to the customers in the Hospitality segment. Oil and Gas segment includes exploration, refining, and marketing of petroleum products, and in the Agro-Allied segment, the group processes fruit concentrates from fruits. The Corporate Centre segment is the parent Company, Transnational Corporation of Nigeria Plc, and the other non-operational subsidiaries.
85GF Score
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Dividend Payout Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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