Definity FinancialTSX:DFY +0.94%77 Dividend Payout Ratio is 0.30 as of Mar. 2026, which is 58% above its 10-year median of 0.19. GuruFocus rates TSX:DFY with a GF Score™ of 77/100 and a GF Value™ of C$71.19 (Fairly Valued). The stock has 4 warning signs investors should review. Among 337 Insurance companies, Definity Financial ranks better than 77.15% 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. Definity Financial's Dividend Payout Ratio for the
months ended in Mar. 2026 was 0.30.
The historical rank and industry rank for Definity Financial's Dividend Payout Ratio or its related term are showing as below:
TSX:DFY'
s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.17 Med: 0.19 Max: 1.42
Current: 0.2
During the past 6 years, the highest Dividend Payout Ratio of Definity Financial was 1.42. The lowest was 0.17. And the median was 0.19.
TSX:DFY's Dividend Payout Ratio is ranked better than 77.15% of 337
companies
in the Insurance industry
Industry Median: 0.38
vs TSX:DFY: 0.20
During the past 12 months, Definity Financial's average Dividends Per Share Growth Rate was 16.60% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 10.90% per year.
During the past 6 years, the highest 3-Year average Dividends Per Share Growth Rate of Definity Financial was 10.90% per year. The lowest was 10.90% per year. And the median was 10.90% 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.
Definity Financial (TSX:DFY) 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.
Definity Financial Dividend Payout Ratio Related Terms
Definity Financial Dividend Payout Ratio Historical Data
* Premium members only.
The historical data trend for Definity Financial'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.
TSX:DFY vs CB, PGR, TRV: Dividend Payout Ratio Comparison
For the Insurance - Property & Casualty subindustry, Definity Financial'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.
Definity Financial Dividend Payout Ratio vs Insurance Industry
For the Insurance industry and Financial Services sector, Definity Financial's Dividend Payout Ratio distribution charts can be found below:
* The bar in red indicates where Definity Financial's Dividend Payout Ratio falls into.
Definity Financial 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.
Definity Financial'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.
Definity Financial (TSX:DFY) has a Dividend Payout Ratio of 0.30 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Definity Financial and its competitors. This is 58% above median its historical median of 0.19. Over the past decade, Definity Financial's Dividend Payout Ratio has ranged from 0.17 to 1.42. According to the industry distribution chart, Definity Financial ranks #77 out of 337 companies in the Insurance industry, placing it in the top 22.8%.
Is Definity Financial's Dividend Payout Ratio too high?
Definity Financial's current Dividend Payout Ratio of 0.30 is 58% above median its 10-year median of 0.19. Over the past 10 years, this metric has ranged from a low of 0.17 to a high of 1.42. The Insurance industry median Dividend Payout Ratio is 0.38. Definity Financial's value of 0.30 is 21.1% below this industry median. Based on the distribution chart, Definity Financial ranks #77 out of 337 companies in the Insurance industry, which is in the top quartile — a strong position relative to peers. Overall, Definity Financial has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Definity Financial's Dividend Payout Ratio compare to CB and PGR?
According to the Insurance industry distribution chart, Definity Financial ranks #77 out of 337 companies for Dividend Payout Ratio. This places Definity Financial in the top 23% of its industry — outperforming the majority of peers. The industry median Dividend Payout Ratio is 0.38. Definity Financial's value of 0.30 is 21.1% below this benchmark. Historically, Definity Financial's own Dividend Payout Ratio has ranged from 0.17 to 1.42 over the past decade. While the company's 10-year median is 0.19 vs. the industry median of 0.38, Definity Financial 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 an Insurance company?
The median Dividend Payout Ratio among Insurance companies is 0.38, based on 337 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. Definity Financial's current Dividend Payout Ratio of 0.30 is 21.1% 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 Definity Financial and its competitors. For the Insurance industry, the median Dividend Payout Ratio is 0.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Definity Financial's current Dividend Payout Ratio is 0.30, which is 58% above median its own 10-year median of 0.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Definity Financial stock overvalued right now?
Based on GuruFocus' analysis, Definity Financial (TSX:DFY) is currently considered Fairly Valued. The stock's GF Value™ is C$71.19, compared to a current price of C$74.90 — trading 5.2% above its estimated fair value. The current Dividend Payout Ratio is 0.30, which is 58% above median its 10-year median of 0.19 and 21.1% below the Insurance industry median of 0.38. Definity Financial's overall GF Score™ is 77/100 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 Definity Financial (TSX:DFY), the current Dividend Payout Ratio is 0.30 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 Definity Financial (TSX:DFY) Overvalued in 2026?
Based on GuruFocus' analysis, Definity Financial stock appears to be overvalued.
The current stock price of C$74.90 is trading 5.2% above its estimated GF Value™ of C$71.19.
GuruFocus considers Definity Financial to be Fairly Valued.
Key valuation signals for TSX:DFY:
Dividend Payout Ratio: 0.30 (58% above median its 10-year median of 0.19)
GF Value™: C$71.19 vs. price of C$74.90 (5.2% above fair value)
Industry Position: 21.1% below the Insurance median (#77 of 337)
No single metric tells the full story. See the TSX:DFY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Definity Financial Corp is a property and casualty insurance services provider. It serves the insurance needs of individual, commercial, and farm customers. Its product portfolio includes Personal auto insurance, Personal home insurance, Group auto insurance, Group home insurance, Business property insurance, Business liability insurance, Commercial vehicle insurance, Surety bonds, Oilfield services insurance, General farm insurance, Premier cash crop insurance, and Winery insurance.
77GF Score
Get the complete analysis for TSX:DFY
Dividend Payout Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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