BRC Asia (SGX:BEC) Dividend Payout Ratio: 0.32 (As of Mar. 2026) — 14% Below Median

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Valuation Significantly Overvalued

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What is BRC Asia Dividend Payout Ratio?

BRC Asia SGX:BEC +0.24% 100 Dividend Payout Ratio is 0.32 as of Mar. 2026, which is 14% below its 10-year median of 0.37. GuruFocus rates SGX:BEC with a GF Score™ of 100/100 and a GF Value™ of S$2.86 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 270 Steel companies, BRC Asia ranks better than 51.48% 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. BRC Asia's Dividend Payout Ratio for the months ended in Mar. 2026 was 0.32.

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

SGX:BEC' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.07 Med: 0.37 Max: 2.4
Current: 0.38

During the past 13 years, the highest Dividend Payout Ratio of BRC Asia was 2.40. The lowest was 0.07. And the median was 0.37.

SGX:BEC's Dividend Payout Ratio is ranked better than
51.48% of 270 companies
in the Steel industry
Industry Median: 0.39 vs SGX:BEC: 0.38

As of today (2026-07-21), the Dividend Yield % of BRC Asia is 3.10%.

During the past 13 years, the highest Trailing Annual Dividend Yield of BRC Asia was 13.00%. The lowest was 0.57%. And the median was 3.33%.

BRC Asia's Dividends per Share for the months ended in Mar. 2026 was S$0.06.

During the past 12 months, BRC Asia's average Dividends Per Share Growth Rate was 21.70% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 11.90% per year. During the past 5 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 BRC Asia was 115.40% per year. The lowest was -32.50% per year. And the median was 11.90% 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.

BRC Asia (SGX:BEC) 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.

BRC Asia Dividend Payout Ratio Related Terms

BRC Asia Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for BRC Asia'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.

BRC Asia Dividend Payout Ratio Chart

BRC Asia Annual Data

Trend

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Sep24

Sep25

Dividend Payout Ratio

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0.31

0.23

0.37

0.43

BRC Asia 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															0.36	0.38	0.41	0.44	0.32

SGX:BEC vs NUE, STLD, RS: Dividend Payout Ratio Comparison

For the Steel subindustry, BRC Asia'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.

BRC Asia Dividend Payout Ratio vs Steel Industry

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

* The bar in red indicates where BRC Asia's Dividend Payout Ratio falls into.

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BRC Asia Ltd SGX:BEC

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

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BRC Asia Dividend Payout Ratio Calculation

BRC Asia'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 )
	=	0.14	/	0.327
	=	0.43

BRC Asia'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 )
	=	0.06	/	0.187
	=	0.32

Frequently Asked Questions Learn more about Dividend Payout Ratio →

What does a Dividend Payout Ratio of 0.32 mean?

BRC Asia (SGX:BEC) has a Dividend Payout Ratio of 0.32 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on BRC Asia and its competitors. This is 14% below median its historical median of 0.37. Over the past decade, BRC Asia's Dividend Payout Ratio has ranged from 0.07 to 2.40. According to the industry distribution chart, BRC Asia ranks #131 out of 270 companies in the Steel industry, placing it in the top 48.5%.

Is BRC Asia's Dividend Payout Ratio too high?

BRC Asia's current Dividend Payout Ratio of 0.32 is 14% below median its 10-year median of 0.37. Over the past 10 years, this metric has ranged from a low of 0.07 to a high of 2.40. The Steel industry median Dividend Payout Ratio is 0.39. BRC Asia's value of 0.32 is 17.9% below this industry median. Based on the distribution chart, BRC Asia ranks #131 out of 270 companies in the Steel industry, which is above the industry midpoint. Overall, BRC Asia has a GF Score™ of 100/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.

How does BRC Asia's Dividend Payout Ratio compare to NUE and STLD?

According to the Steel industry distribution chart, BRC Asia ranks #131 out of 270 companies for Dividend Payout Ratio. This puts BRC Asia in the upper half of its industry. The industry median Dividend Payout Ratio is 0.39. BRC Asia's value of 0.32 is 17.9% below this benchmark. Historically, BRC Asia's own Dividend Payout Ratio has ranged from 0.07 to 2.40 over the past decade. While the company's 10-year median is 0.37 vs. the industry median of 0.39, BRC Asia 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 0.39, based on 270 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. BRC Asia's current Dividend Payout Ratio of 0.32 is 17.9% 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 BRC Asia 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. BRC Asia's current Dividend Payout Ratio is 0.32, which is 14% below median its own 10-year median of 0.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is BRC Asia stock overvalued right now?

Based on GuruFocus' analysis, BRC Asia (SGX:BEC) is currently considered Significantly Overvalued. The stock's GF Value™ is S$2.86, compared to a current price of S$4.20 — trading 46.9% above its estimated fair value. The current Dividend Payout Ratio is 0.32, which is 14% below median its 10-year median of 0.37 and 17.9% below the Steel industry median of 0.39. BRC Asia's overall GF Score™ is 100/100 with 1 warning sign 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 BRC Asia (SGX:BEC), the current Dividend Payout Ratio is 0.32 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 BRC Asia (SGX:BEC) Overvalued in 2026?

Based on GuruFocus' analysis, BRC Asia stock appears to be overvalued. The current stock price of S$4.20 is trading 46.9% above its estimated GF Value™ of S$2.86. GuruFocus considers BRC Asia to be Significantly Overvalued.

Key valuation signals for SGX:BEC:

Dividend Payout Ratio: 0.32 (14% below median its 10-year median of 0.37)
GF Value™: S$2.86 vs. price of S$4.20 (46.9% above fair value)
GF Score™: 100/100 with 1 warning sign
Industry Position: 17.9% below the Steel median (#131 of 270)

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

BRC Asia Business Description

Industry Basic Materials Steel

Comparable Companies SGX:QNS SGX:BTG SGX:OAJ SGX:A55 SGX:A52 NUE XAMS:MT STLD BOM:500228 NSE:TATASTEEL RS TSE:5401 SHSE:600019 XKRX:005490 SHSE:600010 BOM:532286 ASX:BSL BOM:512455 SZSE:000708 OSTO:SSAB A

Address 350 Jalan Boon Lay, Jurong Industrial Estate, Singapore, SGP, 619530

Website https://www.brc.com.sg

BRC Asia Ltd is principally engaged in the prefabrication of steel reinforcement for use in concrete, trading of steel reinforcing bars, and manufacturing and sale of wire mesh fences. The company's reportable segments are: (i) The fabrication and manufacturing segment is involved in the business of processing and prefabrication of steel reinforcement, including sale of standard-length rebar, for use in concrete. (ii) Trading segment is involved in trading of steel and steel related products in both domestic and international market. (iii) Others relates to leasing of properties. The majority of the company's revenue is derived from the Fabrication and manufacturing segment. Geographically, it derives the maximum revenue from Singapore.

100GF Score

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

S$4.20

Price

S$2.86

GF Value

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