Tesco (TSCDF) Dividend Payout Ratio: 0.35 (As of Feb. 2026) — 24% Below Median

Tesco TSCDF +2.87% 81 Dividend Payout Ratio is 0.35 as of Feb. 2026, which is 24% below its 10-year median of 0.46. GuruFocus rates TSCDF with a GF Score™ of 81/100 and a GF Value™ of $5.18 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 180 Retail - Defensive companies, Tesco ranks worse than 65% 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. Tesco's Dividend Payout Ratio for the months ended in Feb. 2026 was 0.35.

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

TSCDF' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.09 Med: 0.46 Max: 1.34
Current: 0.49

During the past 13 years, the highest Dividend Payout Ratio of Tesco was 1.34. The lowest was 0.09. And the median was 0.46.

TSCDF's Dividend Payout Ratio is ranked worse than
65% of 180 companies
in the Retail - Defensive industry
Industry Median: 0.365 vs TSCDF: 0.49

As of today (2026-06-25), the Dividend Yield % of Tesco is 3.16%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Tesco was 5.78%. The lowest was 0.39%. And the median was 3.12%.

Tesco's Dividends per Share for the months ended in Feb. 2026 was $0.07.

During the past 12 months, Tesco's average Dividends Per Share Growth Rate was 14.40% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 7.20% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 4.70% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Tesco was 111.50% per year. The lowest was -55.00% per year. And the median was 10.10% 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.

Tesco (OTCPK:TSCDF) 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.

Tesco Dividend Payout Ratio Related Terms

Tesco Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Tesco'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.

Tesco Dividend Payout Ratio Chart

Tesco Annual Data

Trend

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Feb25

Feb26

Dividend Payout Ratio

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0.42

0.56

0.47

0.46

0.49

Tesco Semi-Annual Data
	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24	Aug24	Feb25	Aug25	Feb26
Dividend Payout Ratio	Get a 7-Day Free Trial															0.33	0.57	0.33	0.61	0.35

TSCDF vs KR, SFM, ACI: Dividend Payout Ratio Comparison

For the Grocery Stores subindustry, Tesco'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.

Tesco Dividend Payout Ratio vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Tesco's Dividend Payout Ratio distribution charts can be found below:

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

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81GF Score

Tesco PLC TSCDF

Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.

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Tesco Dividend Payout Ratio Calculation

Tesco's Dividend Payout Ratio for the fiscal year that ended in Feb. 2026 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Feb. 2026 )	/	EPS without NRI (A: Feb. 2026 )
	=	0.194	/	0.394
	=	0.49

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

Dividend Payout Ratio	=	Dividends per Share (Q: Feb. 2026 )	/	EPS without NRI (Q: Feb. 2026 )
	=	0.065	/	0.184
	=	0.35

Frequently Asked Questions Learn more about Dividend Payout Ratio →

What does a Dividend Payout Ratio of 0.35 mean?

Tesco (TSCDF) has a Dividend Payout Ratio of 0.35 as of Feb. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Tesco and its competitors. This is 24% below median its historical median of 0.46. Over the past decade, Tesco's Dividend Payout Ratio has ranged from 0.09 to 1.34. According to the industry distribution chart, Tesco ranks #117 out of 180 companies in the Retail - Defensive industry, placing it in the top 65%.

Is Tesco's Dividend Payout Ratio too high?

Tesco's current Dividend Payout Ratio of 0.35 is 24% below median its 10-year median of 0.46. Over the past 10 years, this metric has ranged from a low of 0.09 to a high of 1.34. The Retail - Defensive industry median Dividend Payout Ratio is 0.37. Tesco's value of 0.35 is 4.1% below this industry median. Based on the distribution chart, Tesco ranks #117 out of 180 companies in the Retail - Defensive industry, which is below the industry midpoint. Overall, Tesco has a GF Score™ of 81/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.

How does Tesco's Dividend Payout Ratio compare to KR and SFM?

According to the Retail - Defensive industry distribution chart, Tesco ranks #117 out of 180 companies for Dividend Payout Ratio. This places Tesco in the lower half of its industry. The industry median Dividend Payout Ratio is 0.37. Tesco's value of 0.35 is 4.1% below this benchmark. Historically, Tesco's own Dividend Payout Ratio has ranged from 0.09 to 1.34 over the past decade. While the company's 10-year median is 0.46 vs. the industry median of 0.37, Tesco 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 Retail - Defensive company?

The median Dividend Payout Ratio among Retail - Defensive companies is 0.37, based on 180 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. Tesco's current Dividend Payout Ratio of 0.35 is 4.1% 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 Tesco and its competitors. For the Retail - Defensive industry, the median Dividend Payout Ratio is 0.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tesco's current Dividend Payout Ratio is 0.35, which is 24% below median its own 10-year median of 0.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Tesco stock overvalued right now?

Based on GuruFocus' analysis, Tesco (TSCDF) is currently considered Modestly Overvalued. The stock's GF Value™ is $5.18, compared to a current price of $6.09 — trading 17.6% above its estimated fair value. The current Dividend Payout Ratio is 0.35, which is 24% below median its 10-year median of 0.46 and 4.1% below the Retail - Defensive industry median of 0.37. Tesco's overall GF Score™ is 81/100 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 Tesco (TSCDF), the current Dividend Payout Ratio is 0.35 as of Feb. 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 Tesco (TSCDF) Overvalued in 2026?

Based on GuruFocus' analysis, Tesco stock appears to be overvalued. The current stock price of $6.09 is trading 17.6% above its estimated GF Value™ of $5.18. GuruFocus considers Tesco to be Modestly Overvalued.

Key valuation signals for TSCDF:

Dividend Payout Ratio: 0.35 (24% below median its 10-year median of 0.46)
GF Value™: $5.18 vs. price of $6.09 (17.6% above fair value)
GF Score™: 81/100 with 4 warning signs
Industry Position: 4.1% below the Retail - Defensive median (#117 of 180)

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

Tesco Business Description

Industry Consumer Defensive Retail - Defensive

Comparable Companies LSE:SBRY LSE:OCDO LSE:CBOX TSX:L KR XAMS:AD ASX:WOW TSE:3382 TSX:WN ASX:COL TSX:MRU XPAR:CA BKK:CPALL OHEL:KESKOA IST:BIMAS WAR:DNP TSX:EMP.A SFM ACI TPE:2912

Other Exchanges TSCDY:USA TSCON:Mexico TSCOl:UK TSCO:UK TCO0:Germany

Address Kestrel Way, Tesco House, Shire Park, Welwyn Garden, GBR, AL7 1GA

Website https://www.tescoplc.com

Tesco is a large food retailer, operating thousands of stores in the United Kingdom, Ireland, and Central Europe. The majority of Tesco's sales are from the UK, where the firm has over 24% market share, more than double the second-largest peer, Sainsbury's, according to Euromonitor. Tesco also holds 30% e-grocery market share in the UK, holding a dominant position online. Tesco gained exposure to the cash-and-carry and out-of-home delivery industries with the GBP 4 billion acquisition of Booker in 2018.

81GF Score

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$6.09

Price

$5.18

GF Value

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