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.
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.
Ecobank TransnationalXGHA:ETI -0.51%12 Dividend Payout Ratio is 0.38 as of Jun. 2026, which is 245% above its 10-year median of 0.11. GuruFocus rates XGHA:ETI with a GF Score™ of 12/100 and a GF Value™ of GHS0.86 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,175 Banks companies, Ecobank Transnational ranks better than 95.32% 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. Ecobank Transnational's Dividend Payout Ratio for the
months ended in Jun. 2026 was 0.38.
The historical rank and industry rank for Ecobank Transnational's Dividend Payout Ratio or its related term are showing as below:
XGHA:ETI'
s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.09 Med: 0.11 Max: 0.14
Current: 0.1
During the past 13 years, the highest Dividend Payout Ratio of Ecobank Transnational was 0.14. The lowest was 0.09. And the median was 0.11.
XGHA:ETI's Dividend Payout Ratio is ranked better than 95.32% of 1175
companies
in the Banks industry
Industry Median: 0.32
vs XGHA:ETI: 0.10
During the past 13 years, the highest Trailing Annual Dividend Yield of Ecobank Transnational was 38.28%. The lowest was 0.92%. And the median was 18.12%.
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.
Ecobank Transnational (XGHA:ETI) 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.
Ecobank Transnational Dividend Payout Ratio Related Terms
Ecobank Transnational Dividend Payout Ratio Historical Data
* Premium members only.
The historical data trend for Ecobank Transnational'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.
Ecobank Transnational Dividend Payout Ratio Competitor Comparison
For the Banks - Regional subindustry, Ecobank Transnational'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.
Ecobank Transnational Dividend Payout Ratio vs Banks Industry
For the Banks industry and Financial Services sector, Ecobank Transnational's Dividend Payout Ratio distribution charts can be found below:
* The bar in red indicates where Ecobank Transnational's Dividend Payout Ratio falls into.
Ecobank Transnational 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.
Ecobank Transnational'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.
Ecobank Transnational (XGHA:ETI) has a Dividend Payout Ratio of 0.38 as of Jun. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Ecobank Transnational and its competitors. This is 245% above median its historical median of 0.11. Over the past decade, Ecobank Transnational's Dividend Payout Ratio has ranged from 0.09 to 0.14. According to the industry distribution chart, Ecobank Transnational ranks #55 out of 1175 companies in the Banks industry, placing it in the top 4.7%.
Is Ecobank Transnational's Dividend Payout Ratio too high?
Ecobank Transnational's current Dividend Payout Ratio of 0.38 is 245% above median its 10-year median of 0.11. Over the past 10 years, this metric has ranged from a low of 0.09 to a high of 0.14. The Banks industry median Dividend Payout Ratio is 0.32. Ecobank Transnational's value of 0.38 is 18.8% above this industry median. Based on the distribution chart, Ecobank Transnational ranks #55 out of 1175 companies in the Banks industry, which is in the top quartile — a strong position relative to peers. Overall, Ecobank Transnational has a GF Score™ of 12/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ecobank Transnational's Dividend Payout Ratio compare to competitors?
According to the Banks industry distribution chart, Ecobank Transnational ranks #55 out of 1175 companies for Dividend Payout Ratio. This places Ecobank Transnational in the top 5% of its industry — outperforming the majority of peers. The industry median Dividend Payout Ratio is 0.32. Ecobank Transnational's value of 0.38 is 18.8% above this benchmark. Historically, Ecobank Transnational's own Dividend Payout Ratio has ranged from 0.09 to 0.14 over the past decade. While the company's 10-year median is 0.11 vs. the industry median of 0.32, Ecobank Transnational 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 1,175 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. Ecobank Transnational's current Dividend Payout Ratio of 0.38 is 18.8% 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 Ecobank Transnational 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. Ecobank Transnational's current Dividend Payout Ratio is 0.38, which is 245% above median its own 10-year median of 0.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ecobank Transnational stock overvalued right now?
Based on GuruFocus' analysis, Ecobank Transnational (XGHA:ETI) is currently considered Significantly Overvalued. The stock's GF Value™ is GHS0.86, compared to a current price of GHS1.95 — trading 126.7% above its estimated fair value. The current Dividend Payout Ratio is 0.38, which is 245% above median its 10-year median of 0.11 and 18.8% above the Banks industry median of 0.32. Ecobank Transnational's overall GF Score™ is 12/100 with 6 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 Ecobank Transnational (XGHA:ETI), the current Dividend Payout Ratio is 0.38 as of Jun. 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 Ecobank Transnational (XGHA:ETI) Overvalued in 2026?
Based on GuruFocus' analysis, Ecobank Transnational stock appears to be overvalued.
The current stock price of GHS1.95 is trading 126.7% above its estimated GF Value™ of GHS0.86.
GuruFocus considers Ecobank Transnational to be Significantly Overvalued.
Key valuation signals for XGHA:ETI:
Dividend Payout Ratio: 0.38 (245% above median its 10-year median of 0.11)
GF Value™: GHS0.86 vs. price of GHS1.95 (126.7% above fair value)
Industry Position: 18.8% above the Banks median (#55 of 1175)
No single metric tells the full story. See the XGHA:ETI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ecobank Transnational Inc is a pan-African banking group. Through its subsidiaries, it provides retail, corporate and investment banking services throughout sub Saharan Africa outside South Africa. The company operates in three principal business reporting segments: Consumer Banking (CSB), Commercial Banking (CMB) and Corporate and Investment Banking (CIB). The majority of the revenue is derived from the Corporate and Investment Banking segment, which provides various financial services, including FICC, cash management, trade, loans and liquidity and securities, wealth, and asset management. Geographically, it derives the maximum revenue from Francophone West Africa (UEMOA), and the rest from Nigeria, Anglophone West Africa (AWA), and Central, Eastern and Southern Africa (CESA).
12GF Score
Get the complete analysis for XGHA:ETI
Dividend Payout Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
XGHA:ETI has been successfully added to your 
