Dyno Nobel (ASX:DNL) Dividend Payout Ratio: 1.17 (As of Mar. 2026) — 160% Above Median


ASX:DNL Dyno Nobel Ltd ASX:DNL
61 GF Score
Price A$3.86
GF Value A$2.23
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Dyno Nobel Dividend Payout Ratio?

Dyno Nobel ASX:DNL 61 Dividend Payout Ratio is 1.17 as of Mar. 2026, which is 160% above its 10-year median of 0.45. GuruFocus rates ASX:DNL with a GF Score™ of 61/100 and a GF Value™ of A$2.23 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 907 Chemicals companies, Dyno Nobel ranks worse than 62.62% 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. Dyno Nobel's Dividend Payout Ratio for the months ended in Mar. 2026 was 1.17.

The historical rank and industry rank for Dyno Nobel's Dividend Payout Ratio or its related term are showing as below:

ASX:DNL' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.05   Med: 0.45   Max: 0.9
Current: 0.46

During the past 13 years, the highest Dividend Payout Ratio of Dyno Nobel was 0.90. The lowest was 0.05. And the median was 0.45.

ASX:DNL's Dividend Payout Ratio is ranked worse than
62.62% of 907 companies
in the Chemicals industry
Industry Median: 0.36 vs ASX:DNL: 0.46

As of today (2026-06-30), the Dividend Yield % of Dyno Nobel is 3.65%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Dyno Nobel was 10.15%. The lowest was 0.25%. And the median was 2.90%.

Dyno Nobel's Dividends per Share for the months ended in Mar. 2026 was A$0.10.

During the past 12 months, Dyno Nobel's average Dividends Per Share Growth Rate was 12.30% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -22.00% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 40.00% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 0.20% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Dyno Nobel was 110.30% per year. The lowest was -52.60% per year. And the median was -0.70% 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.

Dyno Nobel (ASX:DNL) 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.

Dyno Nobel Dividend Payout Ratio Related Terms

Dyno Nobel Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Dyno Nobel'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.

Dyno Nobel Dividend Payout Ratio Chart

Dyno Nobel Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.05 0.35 0.90 0.45 0.39

Dyno Nobel Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.02 0.40 2.03 0.13 1.17

ASX:DNL vs LIN, SHW, ECL: Dividend Payout Ratio Comparison

For the Specialty Chemicals subindustry, Dyno Nobel'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.

Dyno Nobel Dividend Payout Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Dyno Nobel's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Dyno Nobel's Dividend Payout Ratio falls into.


ASX:DNL
61GF Score
Dyno Nobel Ltd ASX:DNL
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Dyno Nobel 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.

Dyno Nobel's Dividend Payout Ratio for the fiscal year that ended in Sep. 2025 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Sep. 2025 )/ EPS without NRI (A: Sep. 2025 )
=0.087/ 0.226
=0.38

Dyno Nobel'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 )
=0.095/ 0.081
=1.17

* 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 1.17 mean?
Dyno Nobel (ASX:DNL) has a Dividend Payout Ratio of 1.17 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Dyno Nobel and its competitors. This is 160% above median its historical median of 0.45. Over the past decade, Dyno Nobel's Dividend Payout Ratio has ranged from 0.05 to 0.90. According to the industry distribution chart, Dyno Nobel ranks #568 out of 907 companies in the Chemicals industry, placing it in the top 62.6%.
Is Dyno Nobel's Dividend Payout Ratio too high?
Dyno Nobel's current Dividend Payout Ratio of 1.17 is 160% above median its 10-year median of 0.45. Over the past 10 years, this metric has ranged from a low of 0.05 to a high of 0.90. The Chemicals industry median Dividend Payout Ratio is 0.36. Dyno Nobel's value of 1.17 is 225% above this industry median. Based on the distribution chart, Dyno Nobel ranks #568 out of 907 companies in the Chemicals industry, which is below the industry midpoint. Overall, Dyno Nobel has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Dyno Nobel's Dividend Payout Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Dyno Nobel ranks #568 out of 907 companies for Dividend Payout Ratio. This places Dyno Nobel in the lower half of its industry. The industry median Dividend Payout Ratio is 0.36. Dyno Nobel's value of 1.17 is 225% above this benchmark. Historically, Dyno Nobel's own Dividend Payout Ratio has ranged from 0.05 to 0.90 over the past decade. While the company's 10-year median is 0.45 vs. the industry median of 0.36, Dyno Nobel 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 0.36, based on 907 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. Dyno Nobel's current Dividend Payout Ratio of 1.17 is 225% 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 Dyno Nobel and its competitors. For the Chemicals industry, the median Dividend Payout Ratio is 0.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dyno Nobel's current Dividend Payout Ratio is 1.17, which is 160% above median its own 10-year median of 0.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dyno Nobel stock overvalued right now?
Based on GuruFocus' analysis, Dyno Nobel (ASX:DNL) is currently considered Significantly Overvalued. The stock's GF Value™ is A$2.23, compared to a current price of A$3.86 — trading 73.1% above its estimated fair value. The current Dividend Payout Ratio is 1.17, which is 160% above median its 10-year median of 0.45 and 225% above the Chemicals industry median of 0.36. Dyno Nobel's overall GF Score™ is 61/100 with 8 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 Dyno Nobel (ASX:DNL), the current Dividend Payout Ratio is 1.17 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 Dyno Nobel (ASX:DNL) Overvalued in 2026?

Based on GuruFocus' analysis, Dyno Nobel stock appears to be overvalued. The current stock price of A$3.86 is trading 73.1% above its estimated GF Value™ of A$2.23. GuruFocus considers Dyno Nobel to be Significantly Overvalued.

Key valuation signals for ASX:DNL:

  • Dividend Payout Ratio: 1.17 (160% above median its 10-year median of 0.45)
  • GF Value™: A$2.23 vs. price of A$3.86 (73.1% above fair value)
  • GF Score™: 61/100 with 8 warning signs
  • Industry Position: 225% above the Chemicals median (#568 of 907)

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

Dyno Nobel Business Description

Other Exchanges DNLZY:USAI5P0:Germany
Address 28 Freshwater Place, Level 8, Southbank, Melbourne, VIC, AUS, 3006
Dyno Nobel is a leading global explosives company with operations in Australia, Asia, and the Americas. We estimate its share of the global commercial explosives market at about 15%. Explosives traditionally contributed around 80% of EBIT, but with the sale of the fertilizers business, this moves to 100%.
61GF Score

Get the complete analysis for ASX:DNL

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

A$3.86
Price
A$2.23
GF Value