WaFd (WAFD) Dividend Payout Ratio: 0.33 (As of Mar. 2026) — Near Median

WaFd WAFD +1.32% 64 Dividend Payout Ratio is 0.33 as of Mar. 2026, which is 6% above its 10-year median of 0.31. GuruFocus rates WAFD with a GF Score™ of 64/100 and a GF Value™ of $30.59 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 1,168 Banks companies, WaFd ranks worse than 53.94% 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. WaFd's Dividend Payout Ratio for the months ended in Mar. 2026 was 0.33.

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

WAFD' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.27 Med: 0.31 Max: 0.41
Current: 0.35

During the past 13 years, the highest Dividend Payout Ratio of WaFd was 0.41. The lowest was 0.27. And the median was 0.31.

WAFD's Dividend Payout Ratio is ranked worse than
53.94% of 1168 companies
in the Banks industry
Industry Median: 0.32 vs WAFD: 0.35

As of today (2026-06-25), the Dividend Yield % of WaFd is 2.88%.

During the past 13 years, the highest Trailing Annual Dividend Yield of WaFd was 4.28%. The lowest was 1.58%. And the median was 2.79%.

WaFd's Dividends per Share for the months ended in Mar. 2026 was $0.27.

During the past 12 months, WaFd's average Dividends Per Share Growth Rate was 2.90% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 4.00% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 4.20% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 9.50% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of WaFd was 75.00% per year. The lowest was -37.80% per year. And the median was 9.90% 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.

WaFd (NAS:WAFD) 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.

WaFd Dividend Payout Ratio Related Terms

WaFd Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for WaFd'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.

WaFd Dividend Payout Ratio Chart

WaFd Annual Data

Trend

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Sep24

Sep25

Dividend Payout Ratio

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0.38

0.28

0.27

0.41

WaFd 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															0.42	0.37	0.38	0.34	0.33

WAFD vs TRMK, FBK, CUBI: Dividend Payout Ratio Comparison

For the Banks - Regional subindustry, WaFd'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.

WaFd Dividend Payout Ratio vs Banks Industry

For the Banks industry and Financial Services sector, WaFd's Dividend Payout Ratio distribution charts can be found below:

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

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64GF Score

WaFd Inc WAFD

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WaFd Dividend Payout Ratio Calculation

WaFd's Dividend Payout Ratio for the fiscal year that ended in Sep. 2025 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Sep. 2025 )	/	EPS without NRI (A: Sep. 2025 )
	=	1.07	/	2.636
	=	0.41

WaFd'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 )
	=	0.27	/	0.83
	=	0.33

Frequently Asked Questions Learn more about Dividend Payout Ratio →

What does a Dividend Payout Ratio of 0.33 mean?

WaFd (WAFD) has a Dividend Payout Ratio of 0.33 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on WaFd and its competitors. This is near median its historical median of 0.31. Over the past decade, WaFd's Dividend Payout Ratio has ranged from 0.27 to 0.41. According to the industry distribution chart, WaFd ranks #630 out of 1168 companies in the Banks industry, placing it in the top 53.9%.

Is WaFd's Dividend Payout Ratio too high?

WaFd's current Dividend Payout Ratio of 0.33 is near median its 10-year median of 0.31. Over the past 10 years, this metric has ranged from a low of 0.27 to a high of 0.41. The Banks industry median Dividend Payout Ratio is 0.32. WaFd's value of 0.33 is 3.1% above this industry median. Based on the distribution chart, WaFd ranks #630 out of 1168 companies in the Banks industry, which is below the industry midpoint. Overall, WaFd has a GF Score™ of 64/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.

How does WaFd's Dividend Payout Ratio compare to TRMK and FBK?

According to the Banks industry distribution chart, WaFd ranks #630 out of 1168 companies for Dividend Payout Ratio. This places WaFd in the lower half of its industry. The industry median Dividend Payout Ratio is 0.32. WaFd's value of 0.33 is 3.1% above this benchmark. Historically, WaFd's own Dividend Payout Ratio has ranged from 0.27 to 0.41 over the past decade. While the company's 10-year median is 0.31 vs. the industry median of 0.32, WaFd 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 a Banks company?

The median Dividend Payout Ratio among Banks companies is 0.32, based on 1,168 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. WaFd's current Dividend Payout Ratio of 0.33 is 3.1% 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 WaFd and its competitors. For the Banks industry, the median Dividend Payout Ratio is 0.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. WaFd's current Dividend Payout Ratio is 0.33, which is near median its own 10-year median of 0.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is WaFd stock overvalued right now?

Based on GuruFocus' analysis, WaFd (WAFD) is currently considered Modestly Overvalued. The stock's GF Value™ is $30.59, compared to a current price of $37.75 — trading 23.4% above its estimated fair value. The current Dividend Payout Ratio is 0.33, which is near median its 10-year median of 0.31 and 3.1% above the Banks industry median of 0.32. WaFd's overall GF Score™ is 64/100 with 9 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 WaFd (WAFD), the current Dividend Payout Ratio is 0.33 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 WaFd (WAFD) Overvalued in 2026?

Based on GuruFocus' analysis, WaFd stock appears to be overvalued. The current stock price of $37.75 is trading 23.4% above its estimated GF Value™ of $30.59. GuruFocus considers WaFd to be Modestly Overvalued.

Key valuation signals for WAFD:

Dividend Payout Ratio: 0.33 (near median its 10-year median of 0.31)
GF Value™: $30.59 vs. price of $37.75 (23.4% above fair value)
GF Score™: 64/100 with 9 warning signs
Industry Position: 3.1% above the Banks median (#630 of 1168)

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

WaFd Business Description

Industry Financial Services Banks

Comparable Companies TRMK FBK CUBI FRME INTR BBT FBNC NBTB PFS BUSE SHSE:600036 SGX:D05 MIL:UCG NSE:HDFCBANK XPAR:BNP MIL:ISP TSE:8411 SAU:1120 NSE:ICICIBANK XMAD:CABK

Other Exchanges WAFDP.PFD:USA WAO:Germany

Address 425 Pike Street, Seattle, WA, USA, 98101

Website https://www.wafdbank.com

WaFd Inc is engaged in providing lending, depository, insurance, and other banking services to consumers, mid-sized to large businesses, and owners and developers of commercial real estate. Through the WaFd Bank, it is involved in accepting deposits from the general public and investing these funds in loans of various types, including first-lien mortgages on single-family dwellings, construction loans, land acquisition and development loans among others. The Bank also invests in certain United States government and agency obligations along with other investments and also performs insurance brokerage activities. Geographically, it operates in Washington, Oregon, Idaho, Arizona, Utah, Nevada, New Mexico, California and Texas.

64GF Score

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$37.75

Price

$30.59

GF Value

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