Argent Industrial (JSE:ART) 3-Year Dividend Growth Rate: 15.50% (As of Mar. 2026) — Near 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.

JSE:ART Argent Industrial Ltd JSE:ART
73 GF Score
Price R39.40
GF Value R30.29
Valuation Modestly Overvalued
! 6 Warning Signs
View Full Analysis

What is Argent Industrial 3-Year Dividend Growth Rate?

Argent Industrial JSE:ART -0.68% 73 3-Year Dividend Growth Rate is 15.50% as of Mar. 2026, which is 7% above its 10-year median of 14.50. GuruFocus rates JSE:ART with a GF Score™ of 73/100 and a GF Value™ of R30.29 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 229 Steel companies, Argent Industrial ranks better than 71.18% on this metric.

Argent Industrial's Dividends per Share for the six months ended in Mar. 2026 was R0.74.

The historical rank and industry rank for Argent Industrial's 3-Year Dividend Growth Rate or its related term are showing as below:

JSE:ART' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -50.5   Med: 14.5   Max: 51.8
Current: 15.5

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Argent Industrial was 51.80% per year. The lowest was -50.50% per year. And the median was 14.50% per year.

JSE:ART's 3-Year Dividend Growth Rate is ranked better than
71.18% of 229 companies
in the Steel industry
Industry Median: -1.4 vs JSE:ART: 15.50

During the past 12 months, Argent Industrial's average Dividends Per Share Growth Rate was 11.70% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 15.50% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Argent Industrial's Dividend Payout Ratio for the six months ended in Mar. 2026 was 0.26. As of today, Argent Industrial's Dividend Yield % is 3.58%.

Warning Sign:

Argent Industrial Ltd stock Dividend Yield % is close to 5-year low.

For more information regarding to dividend, please check our Dividend Page.


Argent Industrial  (JSE:ART) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Argent Industrial'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 )
=0.74/ 2.8371323090957
=0.26

During the past 13 years, the highest Dividend Payout Ratio of Argent Industrial was 0.28. The lowest was 0.10. And the median was 0.24.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Argent Industrial Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
ZAR 0.7400002026-09-092026-09-112026-09-14Cash Dividendsemi-annuallyZAR:ZAR 1.000000
ZAR 0.6700002025-12-172025-12-192025-12-22Cash Dividendsemi-annuallyZAR:ZAR 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.

Argent Industrial's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=1.41/39.40
=3.58 %

Current Share Price is R39.40.
Argent Industrial's Dividends per Share for the trailing twelve months (TTM) ended in Today is R1.41.

During the past 13 years, the highest Dividend Yield of Argent Industrial was 6.11%. The lowest was 1.65%. And the median was 4.27%.

Warning Sign:

Argent Industrial Ltd stock Dividend Yield % is close to 5-year low.

* 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.


Argent Industrial 3-Year Dividend Growth Rate Related Terms>


JSE:ART vs NUE, STLD, RS: 3-Year Dividend Growth Rate Comparison

For the Steel subindustry, Argent Industrial's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate 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.


Argent Industrial 3-Year Dividend Growth Rate vs Steel Industry

For the Steel industry and Basic Materials sector, Argent Industrial's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Argent Industrial's 3-Year Dividend Growth Rate falls into.


JSE:ART
73GF Score
Argent Industrial Ltd JSE:ART
3-Year Dividend Growth Rate is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Argent Industrial 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

What does a 3-Year Dividend Growth Rate of 15.50% mean?
Argent Industrial (JSE:ART) has a 3-Year Dividend Growth Rate of 15.50% as of Mar. 2026. 3-Year Dividend Growth Rate is the company's three-year average growth of dividend payout. View historical data on Argent Industrial and its competitors. This is near median its historical median of 14.50. According to the industry distribution chart, Argent Industrial ranks #66 out of 229 companies in the Steel industry, placing it in the top 28.8%.
Is Argent Industrial's 3-Year Dividend Growth Rate too high?
Argent Industrial's current 3-Year Dividend Growth Rate of 15.50% is near median its 10-year median of 14.50. Based on the distribution chart, Argent Industrial ranks #66 out of 229 companies in the Steel industry, which is above the industry midpoint. Overall, Argent Industrial has a GF Score™ of 73/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Argent Industrial's 3-Year Dividend Growth Rate compare to NUE and STLD?
According to the Steel industry distribution chart, Argent Industrial ranks #66 out of 229 companies for 3-Year Dividend Growth Rate. This puts Argent Industrial in the upper half of its industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year Dividend Growth Rate for a Steel company?
A good 3-Year Dividend Growth Rate depends on the Steel industry context. However, 3-Year Dividend Growth Rate 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 3-Year Dividend Growth Rate mean?
A high 3-Year Dividend Growth Rate can signal that a stock is expensive relative to its fundamentals. 3-Year Dividend Growth Rate is the company's three-year average growth of dividend payout. View historical data on Argent Industrial and its competitors. Argent Industrial's current 3-Year Dividend Growth Rate is 15.50%, which is near median its own 10-year median of 14.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Argent Industrial stock overvalued right now?
Based on GuruFocus' analysis, Argent Industrial (JSE:ART) is currently considered Modestly Overvalued. The stock's GF Value™ is R30.29, compared to a current price of R39.40 — trading 30.1% above its estimated fair value. The current 3-Year Dividend Growth Rate is 15.50%, which is near median its 10-year median of 14.50. Argent Industrial's overall GF Score™ is 73/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year Dividend Growth Rate calculated?
3-Year Dividend Growth Rate is calculated from a company's financial statements. For Argent Industrial (JSE:ART), the current 3-Year Dividend Growth Rate is 15.50% 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 Argent Industrial (JSE:ART) Overvalued in 2026?

Based on GuruFocus' analysis, Argent Industrial stock appears to be overvalued. The current stock price of R39.40 is trading 30.1% above its estimated GF Value™ of R30.29. GuruFocus considers Argent Industrial to be Modestly Overvalued.

Key valuation signals for JSE:ART:

  • 3-Year Dividend Growth Rate: 15.50% (near median its 10-year median of 14.50)
  • GF Value™: R30.29 vs. price of R39.40 (30.1% above fair value)
  • GF Score™: 73/100 with 6 warning signs

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


Argent Industrial Business Description

Other Exchanges AILTF:USA
Address 8 Sinembe Crescent, Sinembe Park, First Floor, Ridge 63, PO Box 5108, La Lucia Ridge Office Estate, Durban, NL, ZAF, 4019
Argent Industrial Ltd is a holding company that derives its income from the manufacturing and trading of steel and steel-related products, and properties. The company is organized into three operating divisions, namely Manufacturing, Steel trading, and Properties. The Manufacturing segment consists of manufacturing branded consumer goods. The steel trading segment makes up ferrous steel, aluminum, and stainless steel products. Steel products are also traded internally to the group's manufacturing businesses. The group charges rent for the properties. The company generates a majority of its revenue from manufacturing businesses. Geographically, it derives a majority of its revenue from South Africa and has a presence in the rest of the world.
73GF Score

Get the complete analysis for JSE:ART

3-Year Dividend Growth Rate is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R39.40
Price
R30.29
GF Value