During the past 13 years, the highest Dividend Yield of Australian Foundation Investment Co was 4.53%. The lowest was 2.76%. And the median was 3.60%.
NZSE:AFI's Dividend Yield % is not ranked *
in the Asset Management industry.
Industry Median: 5.97 * Ranked among companies with meaningful Dividend Yield % only.
If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Australian Foundation Investment Co Ltd is 1.20, which seems too high.
During the past 13 years, the highest Dividend Payout Ratio of Australian Foundation Investment Co was 1.43. The lowest was 0.71. And the median was 1.04.
During the past 12 months, Australian Foundation Investment Co's average Dividends Per Share Growth Rate was 1.90% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 3.40% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 2.10% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was 1.00% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Australian Foundation Investment Co was 18.90% per year. The lowest was -10.90% per year. And the median was 2.60% 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.
Australian Foundation Investment Co (NZSE:AFI) 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.
* 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.
Australian Foundation Investment Co Dividend Yield % Chart
NZSE:AFI vs BLK, BX, KKR: Dividend Yield % Comparison
For the Asset Management subindustry, Australian Foundation Investment Co'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.
Australian Foundation Investment Co Dividend Yield % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Australian Foundation Investment Co's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Australian Foundation Investment Co's Dividend Yield % falls into.
Australian Foundation Investment Co Dividend Yield % Calculation
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Australian Foundation Investment Co Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
NZD 0.167500
2026-02-02
2026-02-03
2026-02-26
Cash Dividend
semi-annually
NZD:NZD 1.000000
NZD 0.212200
2025-08-05
2025-08-06
2025-08-28
Cash Dividend
semi-annually
NZD:NZD 1.000000
* 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.
* 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.
Australian Foundation Investment Co (NZSE:AFI) has a Dividend Yield % of 0.00% as of Jul. 04, 2026. Dividend yield is the ratio of company dividends to the share price. View historical data on Australian Foundation Investment Co and its competitors. Over the past decade, Australian Foundation Investment Co's Dividend Yield % has ranged from 2.76 to 4.53. According to the industry distribution chart, Australian Foundation Investment Co ranks #770 out of 1112 companies in the Asset Management industry, placing it in the top 69.2%.
Is Australian Foundation Investment Co's Dividend Yield % too high?
Australian Foundation Investment Co's current Dividend Yield % is 0.00%. Over the past 10 years, this metric has ranged from a low of 2.76 to a high of 4.53. Based on the distribution chart, Australian Foundation Investment Co ranks #770 out of 1112 companies in the Asset Management industry, which is below the industry midpoint. Overall, Australian Foundation Investment Co has a GF Score™ of 58/100, reflecting its overall financial health beyond just this single metric.
How does Australian Foundation Investment Co's Dividend Yield % compare to BLK and BX?
According to the Asset Management industry distribution chart, Australian Foundation Investment Co ranks #770 out of 1112 companies for Dividend Yield %. This places Australian Foundation Investment Co in the lower half of its industry. The industry median Dividend Yield % is 5.97. Historically, Australian Foundation Investment Co's own Dividend Yield % has ranged from 2.76 to 4.53 over the past decade. 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 5.97, based on 1,112 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. 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 Australian Foundation Investment Co and its competitors. For the Asset Management industry, the median Dividend Yield % is 5.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Australian Foundation Investment Co's current Dividend Yield % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Australian Foundation Investment Co stock overvalued right now?
Australian Foundation Investment Co (NZSE:AFI) has a current Dividend Yield % of 0.00%. The stock's GF Value™ is NZ$6.73, compared to a current price of NZ$6.94 — trading 3.1% above its estimated fair value. The current Dividend Yield % is 0.00%. Australian Foundation Investment Co's overall GF Score™ is 58/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Yield % calculated?
Dividend Yield % is calculated from a company's financial statements. For Australian Foundation Investment Co (NZSE:AFI), the current Dividend Yield % is 0.00% as of Jul. 04, 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 Australian Foundation Investment Co (NZSE:AFI) Overvalued in 2026?
Based on GuruFocus' analysis, Australian Foundation Investment Co stock appears to be overvalued.
The current stock price of NZ$6.94 is trading 3.1% above its estimated GF Value™ of NZ$6.73.
Key valuation signals for NZSE:AFI:
Dividend Yield %: 0.00%
GF Value™: NZ$6.73 vs. price of NZ$6.94 (3.1% above fair value)
No single metric tells the full story. See the NZSE:AFI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Australian Foundation Investment Co Business Description
Australian Foundation Investment Co Ltd is an asset management company which invests in Australian and New Zealand equities. It aims to provide shareholders with attractive investment returns through access to a growing stream of fully franked dividends and enhancement of capital invested. Its investment goals are to pay dividends, which, over time, grow faster than the rate of inflation, and to provide attractive total returns over the medium to long term.
58GF Score
Get the complete analysis for NZSE:AFI
Dividend Yield % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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