Sao Martinho (BSP:SMTO3) Dividend Payout Ratio: 0.79 (As of Jun. 2026) — 155% Above Median

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BSP:SMTO3 Sao Martinho SA BSP:SMTO3
78 GF Score
Price R$18.58
GF Value R$21.24
Valuation Modestly Undervalued
! 10 Warning Signs
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What is Sao Martinho Dividend Payout Ratio?

Sao Martinho BSP:SMTO3 -1.54% 78 Dividend Payout Ratio is 0.79 as of Jun. 2026, which is 155% above its 10-year median of 0.31. GuruFocus rates BSP:SMTO3 with a GF Score™ of 78/100 and a GF Value™ of R$21.24 (Modestly Undervalued). The stock has 10 warning signs investors should review. Among 933 Chemicals companies, Sao Martinho ranks better than 75.24% 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. Sao Martinho's Dividend Payout Ratio for the months ended in Jun. 2026 was 0.79.

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

BSP:SMTO3' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.15   Med: 0.31   Max: 0.66
Current: 0.18

During the past 13 years, the highest Dividend Payout Ratio of Sao Martinho was 0.66. The lowest was 0.15. And the median was 0.31.

BSP:SMTO3's Dividend Payout Ratio is ranked better than
75.24% of 933 companies
in the Chemicals industry
Industry Median: 0.32 vs BSP:SMTO3: 0.18

As of today (2026-08-29), the Dividend Yield % of Sao Martinho is 1.17%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Sao Martinho was 9.92%. The lowest was 0.77%. And the median was 2.95%.

Sao Martinho's Dividends per Share for the months ended in Jun. 2026 was R$0.22.

During the past 12 months, Sao Martinho's average Dividends Per Share Growth Rate was -25.40% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -26.10% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -5.70% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 19.80% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Sao Martinho was 65.60% per year. The lowest was -26.10% per year. And the median was 23.40% 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.

Sao Martinho (BSP:SMTO3) 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.

Sao Martinho Dividend Payout Ratio Related Terms

Sao Martinho Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Sao Martinho'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.

Sao Martinho Dividend Payout Ratio Chart

Sao Martinho Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.52 0.39 0.29 0.66 0.15

Sao Martinho Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.00 0.60 0.00 0.00 0.79

BSP:SMTO3 vs LIN, SHW, ECL: Dividend Payout Ratio Comparison

For the Specialty Chemicals subindustry, Sao Martinho'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.

Sao Martinho Dividend Payout Ratio vs Chemicals Industry

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

* The bar in red indicates where Sao Martinho's Dividend Payout Ratio falls into.


BSP:SMTO3
78GF Score
Sao Martinho SA BSP:SMTO3
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sao Martinho 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.

Sao Martinho's Dividend Payout Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Mar. 2026 )/ EPS without NRI (A: Mar. 2026 )
=0.457/ 2.99
=0.15

Sao Martinho's Dividend Payout Ratio for the quarter that ended in Jun. 2026 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Jun. 2026 )/ EPS without NRI (Q: Jun. 2026 )
=0.217/ 0.276
=0.79

* 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 0.79 mean?
Sao Martinho (BSP:SMTO3) has a Dividend Payout Ratio of 0.79 as of Jun. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Sao Martinho and its competitors. This is 155% above median its historical median of 0.31. Over the past decade, Sao Martinho's Dividend Payout Ratio has ranged from 0.15 to 0.66. According to the industry distribution chart, Sao Martinho ranks #231 out of 933 companies in the Chemicals industry, placing it in the top 24.8%.
Is Sao Martinho's Dividend Payout Ratio too high?
Sao Martinho's current Dividend Payout Ratio of 0.79 is 155% above median its 10-year median of 0.31. Over the past 10 years, this metric has ranged from a low of 0.15 to a high of 0.66. The Chemicals industry median Dividend Payout Ratio is 0.32. Sao Martinho's value of 0.79 is 146.9% above this industry median. Based on the distribution chart, Sao Martinho ranks #231 out of 933 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Sao Martinho has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sao Martinho's Dividend Payout Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Sao Martinho ranks #231 out of 933 companies for Dividend Payout Ratio. This places Sao Martinho in the top 25% of its industry — outperforming the majority of peers. The industry median Dividend Payout Ratio is 0.32. Sao Martinho's value of 0.79 is 146.9% above this benchmark. Historically, Sao Martinho's own Dividend Payout Ratio has ranged from 0.15 to 0.66 over the past decade. While the company's 10-year median is 0.31 vs. the industry median of 0.32, Sao Martinho 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 0.32, based on 933 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. Sao Martinho's current Dividend Payout Ratio of 0.79 is 146.9% 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 Sao Martinho and its competitors. For the Chemicals industry, the median Dividend Payout Ratio is 0.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sao Martinho's current Dividend Payout Ratio is 0.79, which is 155% above median its own 10-year median of 0.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sao Martinho stock overvalued right now?
Based on GuruFocus' analysis, Sao Martinho (BSP:SMTO3) is currently considered Modestly Undervalued. The stock's GF Value™ is R$21.24, compared to a current price of R$18.58 — trading 12.5% below its estimated fair value. The current Dividend Payout Ratio is 0.79, which is 155% above median its 10-year median of 0.31 and 146.9% above the Chemicals industry median of 0.32. Sao Martinho's overall GF Score™ is 78/100 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 Sao Martinho (BSP:SMTO3), the current Dividend Payout Ratio is 0.79 as of Jun. 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 Sao Martinho (BSP:SMTO3) Overvalued in 2026?

Based on GuruFocus' analysis, Sao Martinho stock appears to be undervalued. The current stock price of R$18.58 is trading 12.5% below its estimated GF Value™ of R$21.24. GuruFocus considers Sao Martinho to be Modestly Undervalued.

Key valuation signals for BSP:SMTO3:

  • Dividend Payout Ratio: 0.79 (155% above median its 10-year median of 0.31)
  • GF Value™: R$21.24 vs. price of R$18.58 (12.5% below fair value)
  • GF Score™: 78/100 with 10 warning signs
  • Industry Position: 146.9% above the Chemicals median (#231 of 933)

No single metric tells the full story. See the BSP:SMTO3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Sao Martinho Business Description

Address Fazenda Sao Martinho, Pradopolis, SP, BRA, CEP 14850-000
Sao Martinho SA operates the following segments: sugar, ethanol, electricity, real estate ventures, Yeast, and other products. Sales of sugar and ethanol, both of which the company produces with sugar cane, comprise the vast majority of the company's revenue. Sao Martinho produces sugar and ethanol in its four Brazilian mills. The company derives its sugar cane mostly from its own plantations, agricultural partnerships, shareholders, and related companies. Sao Martinho exports most of its sugar, and it sells most of its ethanol domestically.
78GF Score

Get the complete analysis for BSP:SMTO3

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

R$18.58
Price
R$21.24
GF Value