Ginebran Miguel (PHS:GSMI) Dividend Payout Ratio: 0.31 (As of Mar. 2026) — 107% Above Median


PHS:GSMI Ginebra San Miguel Inc PHS:GSMI
87 GF Score
Price ₱253.00
GF Value ₱296.53
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Ginebran Miguel Dividend Payout Ratio?

Ginebran Miguel PHS:GSMI -3.80% 87 Dividend Payout Ratio is 0.31 as of Mar. 2026, which is 107% above its 10-year median of 0.15. GuruFocus rates PHS:GSMI with a GF Score™ of 87/100 and a GF Value™ of ₱296.53 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 118 Beverages - Alcoholic companies, Ginebran Miguel 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. Ginebran Miguel's Dividend Payout Ratio for the months ended in Mar. 2026 was 0.31.

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

PHS:GSMI' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.07   Med: 0.15   Max: 0.33
Current: 0.32


During the past 13 years, the highest Dividend Payout Ratio of Ginebran Miguel was 0.33. The lowest was 0.07. And the median was 0.15.

PHS:GSMI's Dividend Payout Ratio is ranked better than
77.97% of 118 companies
in the Beverages - Alcoholic industry
Industry Median: 0.51 vs PHS:GSMI: 0.32

As of today (2026-07-01), the Dividend Yield % of Ginebran Miguel is 3.80%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Ginebran Miguel was 3.82%. The lowest was 0.39%. And the median was 1.64%.

Ginebran Miguel's Dividends per Share for the months ended in Mar. 2026 was ₱2.50.

During the past 12 months, Ginebran Miguel's average Dividends Per Share Growth Rate was 25.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 88.20% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 65.80% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Ginebran Miguel was 88.20% per year. The lowest was -0.30% per year. And the median was 44.20% 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.


Ginebran Miguel (PHS:GSMI) 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.


Ginebran Miguel Dividend Payout Ratio Related Terms


Ginebran Miguel Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Ginebran Miguel'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.

Ginebran Miguel Dividend Payout Ratio Chart

Ginebran Miguel 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 0.07 0.09 0.15 0.25 0.33

Ginebran Miguel 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 0.34 0.34 0.34 0.31 0.31

PHS:GSMI vs BF.B: Dividend Payout Ratio Comparison

For the Beverages - Wineries & Distilleries subindustry, Ginebran Miguel'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.


Ginebran Miguel Dividend Payout Ratio vs Beverages - Alcoholic Industry

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

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


PHS:GSMI
87GF Score
Ginebra San Miguel Inc PHS:GSMI
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ginebran Miguel 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.

Ginebran Miguel'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 )
=10/ 30.315
=0.33

Ginebran Miguel'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 )
=2.5/ 8
=0.31

* 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 0.31 mean?
Ginebran Miguel (PHS:GSMI) has a Dividend Payout Ratio of 0.31 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Ginebran Miguel and its competitors. This is 107% above median its historical median of 0.15. Over the past decade, Ginebran Miguel's Dividend Payout Ratio has ranged from 0.07 to 0.33. According to the industry distribution chart, Ginebran Miguel ranks #26 out of 118 companies in the Beverages - Alcoholic industry, placing it in the top 22%.
Is Ginebran Miguel's Dividend Payout Ratio too high?
Ginebran Miguel's current Dividend Payout Ratio of 0.31 is 107% above median its 10-year median of 0.15. Over the past 10 years, this metric has ranged from a low of 0.07 to a high of 0.33. The Beverages - Alcoholic industry median Dividend Payout Ratio is 0.51. Ginebran Miguel's value of 0.31 is 39.2% below this industry median. Based on the distribution chart, Ginebran Miguel ranks #26 out of 118 companies in the Beverages - Alcoholic industry, which is in the top quartile — a strong position relative to peers. Overall, Ginebran Miguel has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ginebran Miguel's Dividend Payout Ratio compare to BF.B?
According to the Beverages - Alcoholic industry distribution chart, Ginebran Miguel ranks #26 out of 118 companies for Dividend Payout Ratio. This places Ginebran Miguel in the top 22% of its industry — outperforming the majority of peers. The industry median Dividend Payout Ratio is 0.51. Ginebran Miguel's value of 0.31 is 39.2% below this benchmark. Historically, Ginebran Miguel's own Dividend Payout Ratio has ranged from 0.07 to 0.33 over the past decade. While the company's 10-year median is 0.15 vs. the industry median of 0.51, Ginebran Miguel 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 0.51, 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. Ginebran Miguel's current Dividend Payout Ratio of 0.31 is 39.2% 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 Ginebran Miguel and its competitors. For the Beverages - Alcoholic industry, the median Dividend Payout Ratio is 0.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ginebran Miguel's current Dividend Payout Ratio is 0.31, which is 107% above median its own 10-year median of 0.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ginebran Miguel stock overvalued right now?
Based on GuruFocus' analysis, Ginebran Miguel (PHS:GSMI) is currently considered Modestly Undervalued. The stock's GF Value™ is ₱296.53, compared to a current price of ₱253.00 — trading 14.7% below its estimated fair value. The current Dividend Payout Ratio is 0.31, which is 107% above median its 10-year median of 0.15 and 39.2% below the Beverages - Alcoholic industry median of 0.51. Ginebran Miguel's overall GF Score™ is 87/100 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 Ginebran Miguel (PHS:GSMI), the current Dividend Payout Ratio is 0.31 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 Ginebran Miguel (PHS:GSMI) Overvalued in 2026?

Based on GuruFocus' analysis, Ginebran Miguel stock appears to be undervalued. The current stock price of ₱253.00 is trading 14.7% below its estimated GF Value™ of ₱296.53. GuruFocus considers Ginebran Miguel to be Modestly Undervalued.

Key valuation signals for PHS:GSMI:

  • Dividend Payout Ratio: 0.31 (107% above median its 10-year median of 0.15)
  • GF Value™: ₱296.53 vs. price of ₱253.00 (14.7% below fair value)
  • GF Score™: 87/100 with 1 warning sign
  • Industry Position: 39.2% below the Beverages - Alcoholic median (#26 of 118)

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


Ginebran Miguel Business Description

Address St. Francis Street, Ortigas Center, 3rd and 6th Floor, San Miguel Properties Centre, Mandaluyong, PHL, 1550
Ginebra San Miguel Inc manufactures and sells alcoholic beverages in the Philippines. It offers alcoholic beverages, under the following brand names: Ginebra San Miguel gin, GSM Blue, GSM Blue Flavors, Ginebra San Miguel Premium Gin, Antonov Vodka, Primera Light Brandy, Vino Kulafu, and Antonov vodka.
87GF Score

Get the complete analysis for PHS:GSMI

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

₱253.00
Price
₱296.53
GF Value