Metalurgica Gerdau (BSP:GOAU3) Dividend Payout Ratio: 0.17 (As of Mar. 2026) — 15% Below Median

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Metalurgica Gerdau SA BSP:GOAU3

60 GF Score

Price R$9.70

GF Value R$6.85

Valuation Significantly Overvalued

10 Warning Signs

View Full Analysis

What is Metalurgica Gerdau Dividend Payout Ratio?

Metalurgica Gerdau BSP:GOAU3 +1.15% 60 Dividend Payout Ratio is 0.17 as of Mar. 2026, which is 15% below its 10-year median of 0.20. GuruFocus rates BSP:GOAU3 with a GF Score™ of 60/100 and a GF Value™ of R$6.85 (Significantly Overvalued). The stock has 10 warning signs investors should review. Among 271 Steel companies, Metalurgica Gerdau ranks better than 75.65% 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. Metalurgica Gerdau's Dividend Payout Ratio for the months ended in Mar. 2026 was 0.17.

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

BSP:GOAU3' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.04 Med: 0.2 Max: 0.63
Current: 0.19

During the past 13 years, the highest Dividend Payout Ratio of Metalurgica Gerdau was 0.63. The lowest was 0.04. And the median was 0.20.

BSP:GOAU3's Dividend Payout Ratio is ranked better than
75.65% of 271 companies
in the Steel industry
Industry Median: 0.38 vs BSP:GOAU3: 0.19

As of today (2026-07-28), the Dividend Yield % of Metalurgica Gerdau is 3.43%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Metalurgica Gerdau was 27.42%. The lowest was 0.29%. And the median was 3.68%.

Metalurgica Gerdau's Dividends per Share for the months ended in Mar. 2026 was R$0.05.

During the past 12 months, Metalurgica Gerdau's average Dividends Per Share Growth Rate was -7.70% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -31.60% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -1.90% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Metalurgica Gerdau was 126.40% per year. The lowest was -59.50% per year. And the median was -4.40% 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.

Metalurgica Gerdau (BSP:GOAU3) 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.

Metalurgica Gerdau Dividend Payout Ratio Related Terms

Metalurgica Gerdau Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Metalurgica Gerdau'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.

Metalurgica Gerdau Dividend Payout Ratio Chart

Metalurgica Gerdau Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

Dividend Payout Ratio

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0.63

0.36

0.52

0.18

0.20

Metalurgica Gerdau Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
Dividend Payout Ratio	Get a 7-Day Free Trial															0.13	0.23	0.22	0.18	0.17

BSP:GOAU3 vs NUE, STLD, RS: Dividend Payout Ratio Comparison

For the Steel subindustry, Metalurgica Gerdau'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.

Metalurgica Gerdau Dividend Payout Ratio vs Steel Industry

For the Steel industry and Basic Materials sector, Metalurgica Gerdau's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Metalurgica Gerdau's Dividend Payout Ratio falls into.

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60GF Score

Metalurgica Gerdau SA BSP:GOAU3

Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.

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Metalurgica Gerdau Dividend Payout Ratio Calculation

Metalurgica Gerdau's Dividend Payout Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2025 )	/	EPS without NRI (A: Dec. 2025 )
	=	0.3	/	1.501
	=	0.20

Metalurgica Gerdau'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 )
	=	0.05	/	0.294
	=	0.17

Frequently Asked Questions Learn more about Dividend Payout Ratio →

What does a Dividend Payout Ratio of 0.17 mean?

Metalurgica Gerdau (BSP:GOAU3) has a Dividend Payout Ratio of 0.17 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Metalurgica Gerdau and its competitors. This is 15% below median its historical median of 0.20. Over the past decade, Metalurgica Gerdau's Dividend Payout Ratio has ranged from 0.04 to 0.63. According to the industry distribution chart, Metalurgica Gerdau ranks #66 out of 271 companies in the Steel industry, placing it in the top 24.4%.

Is Metalurgica Gerdau's Dividend Payout Ratio too high?

Metalurgica Gerdau's current Dividend Payout Ratio of 0.17 is 15% below median its 10-year median of 0.20. Over the past 10 years, this metric has ranged from a low of 0.04 to a high of 0.63. The Steel industry median Dividend Payout Ratio is 0.38. Metalurgica Gerdau's value of 0.17 is 55.3% below this industry median. Based on the distribution chart, Metalurgica Gerdau ranks #66 out of 271 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Metalurgica Gerdau has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.

How does Metalurgica Gerdau's Dividend Payout Ratio compare to NUE and STLD?

According to the Steel industry distribution chart, Metalurgica Gerdau ranks #66 out of 271 companies for Dividend Payout Ratio. This places Metalurgica Gerdau in the top 24% of its industry — outperforming the majority of peers. The industry median Dividend Payout Ratio is 0.38. Metalurgica Gerdau's value of 0.17 is 55.3% below this benchmark. Historically, Metalurgica Gerdau's own Dividend Payout Ratio has ranged from 0.04 to 0.63 over the past decade. While the company's 10-year median is 0.20 vs. the industry median of 0.38, Metalurgica Gerdau has consistently been below 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 Steel company?

The median Dividend Payout Ratio among Steel companies is 0.38, based on 271 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. Metalurgica Gerdau's current Dividend Payout Ratio of 0.17 is 55.3% below 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 Metalurgica Gerdau and its competitors. For the Steel industry, the median Dividend Payout Ratio is 0.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Metalurgica Gerdau's current Dividend Payout Ratio is 0.17, which is 15% below median its own 10-year median of 0.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Metalurgica Gerdau stock overvalued right now?

Based on GuruFocus' analysis, Metalurgica Gerdau (BSP:GOAU3) is currently considered Significantly Overvalued. The stock's GF Value™ is R$6.85, compared to a current price of R$9.70 — trading 41.6% above its estimated fair value. The current Dividend Payout Ratio is 0.17, which is 15% below median its 10-year median of 0.20 and 55.3% below the Steel industry median of 0.38. Metalurgica Gerdau's overall GF Score™ is 60/100 with 10 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 Metalurgica Gerdau (BSP:GOAU3), the current Dividend Payout Ratio is 0.17 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 Metalurgica Gerdau (BSP:GOAU3) Overvalued in 2026?

Based on GuruFocus' analysis, Metalurgica Gerdau stock appears to be overvalued. The current stock price of R$9.70 is trading 41.6% above its estimated GF Value™ of R$6.85. GuruFocus considers Metalurgica Gerdau to be Significantly Overvalued.

Key valuation signals for BSP:GOAU3:

Dividend Payout Ratio: 0.17 (15% below median its 10-year median of 0.20)
GF Value™: R$6.85 vs. price of R$9.70 (41.6% above fair value)
GF Score™: 60/100 with 10 warning signs
Industry Position: 55.3% below the Steel median (#66 of 271)

No single metric tells the full story. See the BSP:GOAU3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Metalurgica Gerdau Business Description

Industry Basic Materials Steel

Comparable Companies BSP:USIM3 BSP:CSNA3 BSP:FESA3 BSP:PATI3 BSP:CMIN3 BSP:GGBR4 NUE XAMS:MT STLD BOM:500228 NSE:TATASTEEL RS TSE:5401 SHSE:600019 XKRX:005490 SHSE:600010 BOM:512455 BOM:532286 SZSE:000708 OSTO:SSAB A

Other Exchanges GOAU4:Brazil

Address Avenida Farrapos, 1811, Porto Alegre, RS, BRA, 90220005

Website https://www2.gerdau.com.br

Metalurgica Gerdau SA produces steel and steel products used in construction, industrial, agricultural and automotive sectors. Its products include steel columns, nails, transfer bars for the construction sector; billet, electrodes, mechanical construction wire rods for the industrial sector; staples, steel posts, tribars, galvanized wires for agricultural sector; mechanical construction ingots, mechanical construction wires, and various other products for the automotive sector. Its revenue is generated by sales of long steel to nonresidential construction and infrastructure sector in North America.

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

R$9.70

Price

R$6.85

GF Value

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