Ninety OneFRA:L91 +0.86%74 Dividend Yield % is 6.32% as of Jun. 24, 2026, which is 2% below its 10-year median of 6.45. GuruFocus rates FRA:L91 with a GF Score™ of 74/100 and a GF Value™ of €2.10. The stock has 7 warning signs investors should review. Among 1,114 Asset Management companies, Ninety One ranks better than 55.39% on this metric.
As of today (2026-06-24), the Trailing Annual Dividend Yield of Ninety One is 6.32%.
Good Sign:
Ninety One Ltd stock Dividend Yield % is close to 1-year high.
The historical rank and industry rank for Ninety One's Dividend Yield % or its related term are showing as below:
FRA:L91'
s Dividend Yield % Range Over the Past 10 Years
Min: 2.18 Med: 6.45 Max: 9.35
Current: 6.32
During the past 10 years, the highest Dividend Yield of Ninety One was 9.35%. The lowest was 2.18%. And the median was 6.45%.
FRA:L91's Dividend Yield % is ranked better than 55.39% of 1114
companies
in the Asset Management industry
Industry Median: 6.04
vs FRA:L91: 6.32
If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Ninety One Ltd is 0.78, which seems too high.
During the past 10 years, the highest Dividend Payout Ratio of Ninety One was 0.78. The lowest was 0.36. And the median was 0.71.
During the past 12 months, Ninety One's average Dividends Per Share Growth Rate was 3.60% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was -2.90% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 13.30% per year.
During the past 10 years, the highest 3-Year average Dividends Per Share Growth Rate of Ninety One was 35.20% per year. The lowest was -2.90% per year. And the median was 2.30% 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.
Ninety One (FRA:L91) Dividend Yield % Explanation
Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.
Dividends may also qualify a lower tax rate for investors.
In dividends investing, 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.
The historical data trend for Ninety One's Dividend Yield % 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.
FRA:L91 vs BLK, BX, KKR: Dividend Yield % Comparison
For the Asset Management subindustry, Ninety One's Dividend Yield %, along with its competitors' market caps and Dividend Yield % 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.
Ninety One Dividend Yield % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Ninety One's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Ninety One's Dividend Yield % falls into.
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Ninety One Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
ZAR 1.350000
2025-12-03
2025-12-05
2025-12-19
Cash Dividend
semi-annually
ZAR:EUR 0.050735
ZAR 1.640000
2025-07-16
2025-07-18
2025-08-07
Cash Dividend
semi-annually
ZAR:EUR 0.048227
* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.
Ninety One's Trailing Annual Dividend Yield (%) for Today is calculated as
Trailing Annual Dividend Yield
=
Most Recent Full Year Dividend
/
Current Share Price
=
0.14758453
/
2.34
=
6.31 %
Current Share Price is €2.34. Ninety One's Dividends per Share for the trailing twelve months (TTM) ended in Today is €0.14758453.
Ninety One's Forward Annual Dividend Yield (%) for Today is calculated as
Forward Annual Dividend Yield
=
Forward Full Year Dividend
/
Current Share Price
=
0.1369845
/
2.34
=
5.85 %
Current Share Price is €2.34. Ninety One's Dividends per Share for the forward twelve months is calculated as €0.06849225 * 2 = €0.1369845.
* 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.
Ninety One (FRA:L91) has a Dividend Yield % of 6.32% as of Jun. 24, 2026. Dividend yield is the ratio of company dividends to the share price. View historical data on Ninety One and its competitors. This is near median its historical median of 6.45. Over the past decade, Ninety One's Dividend Yield % has ranged from 2.18 to 9.35. According to the industry distribution chart, Ninety One ranks #497 out of 1114 companies in the Asset Management industry, placing it in the top 44.6%.
Is Ninety One's Dividend Yield % too high?
Ninety One's current Dividend Yield % of 6.32% is near median its 10-year median of 6.45. Over the past 10 years, this metric has ranged from a low of 2.18 to a high of 9.35. The Asset Management industry median Dividend Yield % is 6.04. Ninety One's value of 6.32% is 4.6% above this industry median. Based on the distribution chart, Ninety One ranks #497 out of 1114 companies in the Asset Management industry, which is above the industry midpoint. Overall, Ninety One has a GF Score™ of 74/100, reflecting its overall financial health beyond just this single metric.
How does Ninety One's Dividend Yield % compare to BLK and BX?
According to the Asset Management industry distribution chart, Ninety One ranks #497 out of 1114 companies for Dividend Yield %. This puts Ninety One in the upper half of its industry. The industry median Dividend Yield % is 6.04. Ninety One's value of 6.32% is 4.6% above this benchmark. Historically, Ninety One's own Dividend Yield % has ranged from 2.18 to 9.35 over the past decade. While the company's 10-year median is 6.45 vs. the industry median of 6.04, Ninety One 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 Yield % for an Asset Management company?
The median Dividend Yield % among Asset Management companies is 6.04, based on 1,114 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Yield % significantly above this median, while those in the bottom quartile fall well below. However, Dividend Yield % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ninety One's current Dividend Yield % of 6.32% is 4.6% 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 Yield % mean?
A high Dividend Yield % can signal that a stock is expensive relative to its fundamentals. Dividend yield is the ratio of company dividends to the share price. View historical data on Ninety One and its competitors. For the Asset Management industry, the median Dividend Yield % is 6.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ninety One's current Dividend Yield % is 6.32%, which is near median its own 10-year median of 6.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ninety One stock overvalued right now?
Ninety One (FRA:L91) has a current Dividend Yield % of 6.32%. The stock's GF Value™ is €2.10, compared to a current price of €2.34 — trading 11.4% above its estimated fair value. The current Dividend Yield % is 6.32%, which is near median its 10-year median of 6.45 and 4.6% above the Asset Management industry median of 6.04. Ninety One's overall GF Score™ is 74/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Yield % calculated?
Dividend Yield % is calculated from a company's financial statements. For Ninety One (FRA:L91), the current Dividend Yield % is 6.32% as of Jun. 24, 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 Ninety One (FRA:L91) Overvalued in 2026?
Based on GuruFocus' analysis, Ninety One stock appears to be overvalued.
The current stock price of €2.34 is trading 11.4% above its estimated GF Value™ of €2.10.
Key valuation signals for FRA:L91:
Dividend Yield %: 6.32% (near median its 10-year median of 6.45)
GF Value™: €2.10 vs. price of €2.34 (11.4% above fair value)
Industry Position: 4.6% above the Asset Management median (#497 of 1114)
No single metric tells the full story. See the FRA:L91 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ninety One Ltd is an asset manager. The company provides a range of differentiated strategies managed by its specialist investment teams, providing access to a diverse range of asset classes and regions. It serves its client base via five regional teams namely Africa, the United Kingdom, Asia Pacific, the Americas and Europe and across two distribution channels Institutional and Advisor. Institutional clients include private and public sector pension funds, sovereign wealth funds, insurers, corporates, foundations and central banks, while Advisor clients include large retail groups, wealth managers, private banks and intermediaries serving individual investors.
74GF Score
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