SMB Cote d'Ivoire (XBRV:SMBC) Dividend Payout Ratio: 1.08 (As of Dec. 2024) — 50% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

XBRV:SMBC SMB Cote d'Ivoire XBRV:SMBC
53 GF Score
Price XOF16,500.00
! 11 Warning Signs
View Full Analysis

What is SMB Cote d'Ivoire Dividend Payout Ratio?

SMB Cote d'Ivoire XBRV:SMBC 53 Dividend Payout Ratio is 1.08 as of Dec. 2024, which is 50% above its 10-year median of 0.72. GuruFocus rates XBRV:SMBC with a GF Score™ of 53/100. The stock has 11 warning signs investors should review. Among 919 Chemicals companies, SMB Cote d'Ivoire ranks worse than 89.99% 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. SMB Cote d'Ivoire's Dividend Payout Ratio for the months ended in Dec. 2024 was 1.08.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of SMB Cote d'Ivoire is 1.08, which seems too high.

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

XBRV:SMBC' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.36   Med: 0.72   Max: 1.08
Current: 1.08

During the past 13 years, the highest Dividend Payout Ratio of SMB Cote d'Ivoire was 1.08. The lowest was 0.36. And the median was 0.72.

XBRV:SMBC's Dividend Payout Ratio is ranked worse than
89.99% of 919 companies
in the Chemicals industry
Industry Median: 0.35 vs XBRV:SMBC: 1.08

As of today (2026-08-14), the Dividend Yield % of SMB Cote d'Ivoire is 4.24%.

During the past 13 years, the highest Trailing Annual Dividend Yield of SMB Cote d'Ivoire was 16.90%. The lowest was 4.23%. And the median was 9.17%.

SMB Cote d'Ivoire's Dividends per Share for the months ended in Dec. 2024 was XOF1,200.00.

During the past 12 months, SMB Cote d'Ivoire's average Dividends Per Share Growth Rate was 50.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 10.10% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of SMB Cote d'Ivoire was 93.10% per year. The lowest was 10.10% per year. And the median was 17.00% 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.

SMB Cote d'Ivoire (XBRV:SMBC) 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.

SMB Cote d'Ivoire Dividend Payout Ratio Related Terms

SMB Cote d'Ivoire Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for SMB Cote d'Ivoire'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.

SMB Cote d'Ivoire Dividend Payout Ratio Chart

SMB Cote d'Ivoire Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.36 1.08

SMB Cote d'Ivoire Semi-Annual Data
Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
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 0.00 0.00 0.00 0.36 1.08

XBRV:SMBC vs LIN, SHW, ECL: Dividend Payout Ratio Comparison

For the Specialty Chemicals subindustry, SMB Cote d'Ivoire'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.

SMB Cote d'Ivoire Dividend Payout Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, SMB Cote d'Ivoire's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where SMB Cote d'Ivoire's Dividend Payout Ratio falls into.


XBRV:SMBC
53GF Score
SMB Cote d'Ivoire XBRV:SMBC
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SMB Cote d'Ivoire 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.

SMB Cote d'Ivoire's Dividend Payout Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Dec. 2024 )/ EPS without NRI (A: Dec. 2024 )
=1200/ 1115.815
=1.08

SMB Cote d'Ivoire's Dividend Payout Ratio for the quarter that ended in Dec. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2024 )/ EPS without NRI (Q: Dec. 2024 )
=1200/ 1115.815
=1.08

* 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 1.08 mean?
SMB Cote d'Ivoire (XBRV:SMBC) has a Dividend Payout Ratio of 1.08 as of Dec. 2024. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on SMB Cote d'Ivoire and its competitors. This is 50% above median its historical median of 0.72. Over the past decade, SMB Cote d'Ivoire's Dividend Payout Ratio has ranged from 0.36 to 1.08. According to the industry distribution chart, SMB Cote d'Ivoire ranks #827 out of 919 companies in the Chemicals industry, placing it in the top 90%.
Is SMB Cote d'Ivoire's Dividend Payout Ratio too high?
SMB Cote d'Ivoire's current Dividend Payout Ratio of 1.08 is 50% above median its 10-year median of 0.72. Over the past 10 years, this metric has ranged from a low of 0.36 to a high of 1.08. The Chemicals industry median Dividend Payout Ratio is 0.35. SMB Cote d'Ivoire's value of 1.08 is 208.6% above this industry median. Based on the distribution chart, SMB Cote d'Ivoire ranks #827 out of 919 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, SMB Cote d'Ivoire has a GF Score™ of 53/100, reflecting its overall financial health beyond just this single metric.
How does SMB Cote d'Ivoire's Dividend Payout Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, SMB Cote d'Ivoire ranks #827 out of 919 companies for Dividend Payout Ratio. This places SMB Cote d'Ivoire in the lower half of its industry. The industry median Dividend Payout Ratio is 0.35. SMB Cote d'Ivoire's value of 1.08 is 208.6% above this benchmark. Historically, SMB Cote d'Ivoire's own Dividend Payout Ratio has ranged from 0.36 to 1.08 over the past decade. While the company's 10-year median is 0.72 vs. the industry median of 0.35, SMB Cote d'Ivoire 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 Chemicals company?
The median Dividend Payout Ratio among Chemicals companies is 0.35, based on 919 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. SMB Cote d'Ivoire's current Dividend Payout Ratio of 1.08 is 208.6% 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 SMB Cote d'Ivoire and its competitors. For the Chemicals industry, the median Dividend Payout Ratio is 0.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SMB Cote d'Ivoire's current Dividend Payout Ratio is 1.08, which is 50% above median its own 10-year median of 0.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SMB Cote d'Ivoire stock overvalued right now?
SMB Cote d'Ivoire (XBRV:SMBC) has a current Dividend Payout Ratio of 1.08. The current Dividend Payout Ratio is 1.08, which is 50% above median its 10-year median of 0.72 and 208.6% above the Chemicals industry median of 0.35. SMB Cote d'Ivoire's overall GF Score™ is 53/100 with 11 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 SMB Cote d'Ivoire (XBRV:SMBC), the current Dividend Payout Ratio is 1.08 as of Dec. 2024. 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.

SMB Cote d'Ivoire Business Description

Address Boulevard de Petit Bassam, Vridi, Abidjan, CIV, BP 622
SMB Cote d'Ivoire, formerly Societe Multinationale de Bitumes SA is engaged in the refinement of crude oil. Its products are obtained by direct distillation of a South American heavy crude. It offers its products for the production of road bitumen. The various grades of bitumen offered by the company include 35/50, 40/50, 50/70, AC-10 and AC-20 among others.
53GF Score

Get the complete analysis for XBRV:SMBC

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

XOF16,500.00
Price