MCHIF (Maruichi Steel Tube) Dividend Payout Ratio: 1.78 (As of Mar. 2026) — 334% Above Median


MCHIF Maruichi Steel Tube Ltd MCHIF
81 GF Score
Price $7.31
GF Value $5.12
! 4 Warning Signs
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What is Maruichi Steel Tube Dividend Payout Ratio?

Maruichi Steel Tube MCHIF +10.76% 81 Dividend Payout Ratio is 1.78 as of Mar. 2026, which is 334% above its 10-year median of 0.41. GuruFocus rates MCHIF with a GF Score™ of 81/100 and a GF Value™ of $5.12. The stock has 4 warning signs investors should review. Among 271 Steel companies, Maruichi Steel Tube ranks worse than 57.2% 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. Maruichi Steel Tube's Dividend Payout Ratio for the months ended in Mar. 2026 was 1.78.

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

MCHIF' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.27   Med: 0.41   Max: 0.65
Current: 0.65

During the past 13 years, the highest Dividend Payout Ratio of Maruichi Steel Tube was 0.65. The lowest was 0.27. And the median was 0.41.

MCHIF's Dividend Payout Ratio is ranked worse than
57.2% of 271 companies
in the Steel industry
Industry Median: 0.39 vs MCHIF: 0.65

As of today (2026-06-29), the Dividend Yield % of Maruichi Steel Tube is 0.00%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Maruichi Steel Tube was 4.08%. The lowest was 1.98%. And the median was 2.94%.

Maruichi Steel Tube's Dividends per Share for the months ended in Mar. 2026 was $0.28.

During the past 12 months, Maruichi Steel Tube's average Dividends Per Share Growth Rate was 2.70% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 7.10% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 15.20% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 6.50% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Maruichi Steel Tube was 26.60% per year. The lowest was -15.50% per year. And the median was 4.80% 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.

Maruichi Steel Tube (OTCPK:MCHIF) 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.

Maruichi Steel Tube Dividend Payout Ratio Related Terms

Maruichi Steel Tube Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Maruichi Steel Tube'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.

Maruichi Steel Tube Dividend Payout Ratio Chart

Maruichi Steel Tube 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 0.27 0.36 0.40 0.60 0.66

Maruichi Steel Tube 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 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 1.64 0.00 0.80 0.00 1.78

MCHIF vs NUE, STLD, RS: Dividend Payout Ratio Comparison

For the Steel subindustry, Maruichi Steel Tube'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.

Maruichi Steel Tube Dividend Payout Ratio vs Steel Industry

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

* The bar in red indicates where Maruichi Steel Tube's Dividend Payout Ratio falls into.


MCHIF
81GF Score
Maruichi Steel Tube Ltd MCHIF
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Maruichi Steel Tube 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.

Maruichi Steel Tube'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 )
=0.424/ 0.641
=0.66

Maruichi Steel Tube'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 )
=0.284/ 0.16
=1.78

* 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 1.78 mean?
Maruichi Steel Tube (MCHIF) has a Dividend Payout Ratio of 1.78 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Maruichi Steel Tube and its competitors. This is 334% above median its historical median of 0.41. Over the past decade, Maruichi Steel Tube's Dividend Payout Ratio has ranged from 0.27 to 0.65. According to the industry distribution chart, Maruichi Steel Tube ranks #155 out of 271 companies in the Steel industry, placing it in the top 57.2%.
Is Maruichi Steel Tube's Dividend Payout Ratio too high?
Maruichi Steel Tube's current Dividend Payout Ratio of 1.78 is 334% above median its 10-year median of 0.41. Over the past 10 years, this metric has ranged from a low of 0.27 to a high of 0.65. The Steel industry median Dividend Payout Ratio is 0.39. Maruichi Steel Tube's value of 1.78 is 356.4% above this industry median. Based on the distribution chart, Maruichi Steel Tube ranks #155 out of 271 companies in the Steel industry, which is below the industry midpoint. Overall, Maruichi Steel Tube has a GF Score™ of 81/100, reflecting its overall financial health beyond just this single metric.
How does Maruichi Steel Tube's Dividend Payout Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Maruichi Steel Tube ranks #155 out of 271 companies for Dividend Payout Ratio. This places Maruichi Steel Tube in the lower half of its industry. The industry median Dividend Payout Ratio is 0.39. Maruichi Steel Tube's value of 1.78 is 356.4% above this benchmark. Historically, Maruichi Steel Tube's own Dividend Payout Ratio has ranged from 0.27 to 0.65 over the past decade. While the company's 10-year median is 0.41 vs. the industry median of 0.39, Maruichi Steel Tube 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 Steel company?
The median Dividend Payout Ratio among Steel companies is 0.39, 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. Maruichi Steel Tube's current Dividend Payout Ratio of 1.78 is 356.4% 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 Maruichi Steel Tube and its competitors. For the Steel industry, the median Dividend Payout Ratio is 0.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Maruichi Steel Tube's current Dividend Payout Ratio is 1.78, which is 334% above median its own 10-year median of 0.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maruichi Steel Tube stock overvalued right now?
Maruichi Steel Tube (MCHIF) has a current Dividend Payout Ratio of 1.78. The stock's GF Value™ is $5.12, compared to a current price of $7.31 — trading 42.8% above its estimated fair value. The current Dividend Payout Ratio is 1.78, which is 334% above median its 10-year median of 0.41 and 356.4% above the Steel industry median of 0.39. Maruichi Steel Tube's overall GF Score™ is 81/100 with 4 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 Maruichi Steel Tube (MCHIF), the current Dividend Payout Ratio is 1.78 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 Maruichi Steel Tube (MCHIF) Overvalued in 2026?

Based on GuruFocus' analysis, Maruichi Steel Tube stock appears to be overvalued. The current stock price of $7.31 is trading 42.8% above its estimated GF Value™ of $5.12.

Key valuation signals for MCHIF:

  • Dividend Payout Ratio: 1.78 (334% above median its 10-year median of 0.41)
  • GF Value™: $5.12 vs. price of $7.31 (42.8% above fair value)
  • GF Score™: 81/100 with 4 warning signs
  • Industry Position: 356.4% above the Steel median (#155 of 271)

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

Maruichi Steel Tube Business Description

Other Exchanges 5463:Japan
Address 5-1-60 Namba, 29th Floor, Namba Skyo, Chuo-ku, Osaka, JPN, 542-0076
Maruichi Steel Tube Ltd is a Japan-based company that manufactures and sells steel tubes and steel sheet coating. The company's product portfolio includes welded steel tubes, hot-dip galvanized steel sheet, lighting poles, and prepainted steel sheet. Its products are used in architecture, civil engineering, machinery, power generation plants, automobiles, motorcycles, medical equipment, fitness machines, office automation equipment, office and educational furniture, and others.
81GF Score

Get the complete analysis for MCHIF

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

$7.31
Price
$5.12
GF Value