Chemring GroupLSE:CHG -0.18%83 Dividend Payout Ratio is 0.87 as of Apr. 2026, which is 181% above its 10-year median of 0.31. GuruFocus rates LSE:CHG with a GF Score™ of 83/100 and a GF Value™ of £4.33 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 154 Aerospace & Defense companies, Chemring Group ranks worse than 68.83% 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. Chemring Group's Dividend Payout Ratio for the
months ended in Apr. 2026 was 0.87.
The historical rank and industry rank for Chemring Group's Dividend Payout Ratio or its related term are showing as below:
LSE:CHG'
s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.25 Med: 0.31 Max: 0.46
Current: 0.44
During the past 13 years, the highest Dividend Payout Ratio of Chemring Group was 0.46. The lowest was 0.25. And the median was 0.31.
LSE:CHG's Dividend Payout Ratio is ranked worse than 68.83% of 154
companies
in the Aerospace & Defense industry
Industry Median: 0.33
vs LSE:CHG: 0.44
During the past 12 months, Chemring Group's average Dividends Per Share Growth Rate was 2.60% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 15.70% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 17.30% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Chemring Group was 47.90% per year. The lowest was -36.60% per year. And the median was 10.40% 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.
Chemring Group (LSE:CHG) 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.
Chemring Group Dividend Payout Ratio Related Terms
Chemring Group Dividend Payout Ratio Historical Data
* Premium members only.
The historical data trend for Chemring Group'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.
LSE:CHG vs SPCX, GE, RTX: Dividend Payout Ratio Comparison
For the Aerospace & Defense subindustry, Chemring Group'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.
Chemring Group Dividend Payout Ratio vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Chemring Group's Dividend Payout Ratio distribution charts can be found below:
* The bar in red indicates where Chemring Group's Dividend Payout Ratio falls into.
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.
Chemring Group's Dividend Payout Ratio for the fiscal year that ended in Oct. 2025 is calculated as
* 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.
Chemring Group (LSE:CHG) has a Dividend Payout Ratio of 0.87 as of Apr. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Chemring Group and its competitors. This is 181% above median its historical median of 0.31. Over the past decade, Chemring Group's Dividend Payout Ratio has ranged from 0.25 to 0.46. According to the industry distribution chart, Chemring Group ranks #106 out of 154 companies in the Aerospace & Defense industry, placing it in the top 68.8%.
Is Chemring Group's Dividend Payout Ratio too high?
Chemring Group's current Dividend Payout Ratio of 0.87 is 181% above median its 10-year median of 0.31. Over the past 10 years, this metric has ranged from a low of 0.25 to a high of 0.46. The Aerospace & Defense industry median Dividend Payout Ratio is 0.33. Chemring Group's value of 0.87 is 163.6% above this industry median. Based on the distribution chart, Chemring Group ranks #106 out of 154 companies in the Aerospace & Defense industry, which is below the industry midpoint. Overall, Chemring Group has a GF Score™ of 83/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Chemring Group's Dividend Payout Ratio compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Chemring Group ranks #106 out of 154 companies for Dividend Payout Ratio. This places Chemring Group in the lower half of its industry. The industry median Dividend Payout Ratio is 0.33. Chemring Group's value of 0.87 is 163.6% above this benchmark. Historically, Chemring Group's own Dividend Payout Ratio has ranged from 0.25 to 0.46 over the past decade. While the company's 10-year median is 0.31 vs. the industry median of 0.33, Chemring Group 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 an Aerospace & Defense company?
The median Dividend Payout Ratio among Aerospace & Defense companies is 0.33, based on 154 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. Chemring Group's current Dividend Payout Ratio of 0.87 is 163.6% 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 Chemring Group and its competitors. For the Aerospace & Defense industry, the median Dividend Payout Ratio is 0.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chemring Group's current Dividend Payout Ratio is 0.87, which is 181% 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 Chemring Group stock overvalued right now?
Based on GuruFocus' analysis, Chemring Group (LSE:CHG) is currently considered Modestly Overvalued. The stock's GF Value™ is £4.33, compared to a current price of £5.65 — trading 30.4% above its estimated fair value. The current Dividend Payout Ratio is 0.87, which is 181% above median its 10-year median of 0.31 and 163.6% above the Aerospace & Defense industry median of 0.33. Chemring Group's overall GF Score™ is 83/100 with 6 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 Chemring Group (LSE:CHG), the current Dividend Payout Ratio is 0.87 as of Apr. 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 Chemring Group (LSE:CHG) Overvalued in 2026?
Based on GuruFocus' analysis, Chemring Group stock appears to be overvalued.
The current stock price of £5.65 is trading 30.4% above its estimated GF Value™ of £4.33.
GuruFocus considers Chemring Group to be Modestly Overvalued.
Key valuation signals for LSE:CHG:
Dividend Payout Ratio: 0.87 (181% above median its 10-year median of 0.31)
GF Value™: £4.33 vs. price of £5.65 (30.4% above fair value)
Industry Position: 163.6% above the Aerospace & Defense median (#106 of 154)
No single metric tells the full story. See the LSE:CHG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Chemring Group PLC is a defense technology company. The company's operating segment include: i) Countermeasures and Energetics segment: It is engaged in the development and manufacturing of expendable countermeasures for air and sea platforms, cartridge/propellant actuated devices, pyrotechnic devices for satellite launch and deployment, missile components, propellants, separation sub-systems, actuators, and energetic materials, ii) Sensors and Information: it is engaged in the development and manufacturing of electronic countermeasures, chemical and biological threat detection equipment, and explosive hazard detection (EHD) equipment. It generated the majority of the revenue from the Countermeasures and Energetics segment. Geographically, the maximum revenue is generated from the USA.
83GF Score
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