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HG Metal ManufacturingSGX:BTG 44 Dividend Payout Ratio is 0.68 as of Mar. 2026, which is 35% below its 10-year median of 1.05. GuruFocus rates SGX:BTG with a GF Score™ of 44/100 and a GF Value™ of S$0.17 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 269 Steel companies, HG Metal Manufacturing ranks worse than 57.99% 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. HG Metal Manufacturing's Dividend Payout Ratio for the
months ended in Mar. 2026 was 0.68.
The historical rank and industry rank for HG Metal Manufacturing's Dividend Payout Ratio or its related term are showing as below:
SGX:BTG'
s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.04 Med: 1.05 Max: 12.5
Current: 0.43
During the past 13 years, the highest Dividend Payout Ratio of HG Metal Manufacturing was 12.50. The lowest was 0.04. And the median was 1.05.
SGX:BTG's Dividend Payout Ratio is ranked worse than 57.99% of 269
companies
in the Steel industry
Industry Median: 0.38
vs SGX:BTG: 0.43
During the past 13 years, the highest Trailing Annual Dividend Yield of HG Metal Manufacturing was 41.51%. The lowest was 1.14%. And the median was 10.00%.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of HG Metal Manufacturing was 122.40% per year. The lowest was -37.00% per year. And the median was 0.00% 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.
HG Metal Manufacturing (SGX:BTG) 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.
HG Metal Manufacturing Dividend Payout Ratio Related Terms
HG Metal Manufacturing Dividend Payout Ratio Historical Data
* Premium members only.
The historical data trend for HG Metal Manufacturing'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.
HG Metal Manufacturing Dividend Payout Ratio Chart
SGX:BTG vs NUE, STLD, RS: Dividend Payout Ratio Comparison
For the Steel subindustry, HG Metal Manufacturing'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.
HG Metal Manufacturing Dividend Payout Ratio vs Steel Industry
For the Steel industry and Basic Materials sector, HG Metal Manufacturing's Dividend Payout Ratio distribution charts can be found below:
* The bar in red indicates where HG Metal Manufacturing's Dividend Payout Ratio falls into.
HG Metal Manufacturing 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.
HG Metal Manufacturing's Dividend Payout Ratio for the fiscal year that ended in Dec. 2024 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.
HG Metal Manufacturing (SGX:BTG) has a Dividend Payout Ratio of 0.68 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on HG Metal Manufacturing and its competitors. This is 35% below median its historical median of 1.05. Over the past decade, HG Metal Manufacturing's Dividend Payout Ratio has ranged from 0.04 to 12.50. According to the industry distribution chart, HG Metal Manufacturing ranks #156 out of 269 companies in the Steel industry, placing it in the top 58%.
Is HG Metal Manufacturing's Dividend Payout Ratio too high?
HG Metal Manufacturing's current Dividend Payout Ratio of 0.68 is 35% below median its 10-year median of 1.05. Over the past 10 years, this metric has ranged from a low of 0.04 to a high of 12.50. The Steel industry median Dividend Payout Ratio is 0.38. HG Metal Manufacturing's value of 0.68 is 78.9% above this industry median. Based on the distribution chart, HG Metal Manufacturing ranks #156 out of 269 companies in the Steel industry, which is below the industry midpoint. Overall, HG Metal Manufacturing has a GF Score™ of 44/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does HG Metal Manufacturing's Dividend Payout Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, HG Metal Manufacturing ranks #156 out of 269 companies for Dividend Payout Ratio. This places HG Metal Manufacturing in the lower half of its industry. The industry median Dividend Payout Ratio is 0.38. HG Metal Manufacturing's value of 0.68 is 78.9% above this benchmark. Historically, HG Metal Manufacturing's own Dividend Payout Ratio has ranged from 0.04 to 12.50 over the past decade. While the company's 10-year median is 1.05 vs. the industry median of 0.38, HG Metal Manufacturing 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 0.38, based on 269 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. HG Metal Manufacturing's current Dividend Payout Ratio of 0.68 is 78.9% 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 HG Metal Manufacturing 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. HG Metal Manufacturing's current Dividend Payout Ratio is 0.68, which is 35% below median its own 10-year median of 1.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HG Metal Manufacturing stock overvalued right now?
Based on GuruFocus' analysis, HG Metal Manufacturing (SGX:BTG) is currently considered Significantly Overvalued. The stock's GF Value™ is S$0.17, compared to a current price of S$0.49 — trading 188.2% above its estimated fair value. The current Dividend Payout Ratio is 0.68, which is 35% below median its 10-year median of 1.05 and 78.9% above the Steel industry median of 0.38. HG Metal Manufacturing's overall GF Score™ is 44/100 with 3 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 HG Metal Manufacturing (SGX:BTG), the current Dividend Payout Ratio is 0.68 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 HG Metal Manufacturing (SGX:BTG) Overvalued in 2026?
Based on GuruFocus' analysis, HG Metal Manufacturing stock appears to be overvalued.
The current stock price of S$0.49 is trading 188.2% above its estimated GF Value™ of S$0.17.
GuruFocus considers HG Metal Manufacturing to be Significantly Overvalued.
Key valuation signals for SGX:BTG:
Dividend Payout Ratio: 0.68 (35% below median its 10-year median of 1.05)
GF Value™: S$0.17 vs. price of S$0.49 (188.2% above fair value)
Industry Position: 78.9% above the Steel median (#156 of 269)
No single metric tells the full story. See the SGX:BTG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
HG Metal Manufacturing Ltd is involved in the steel business. The Company operates through business units including HG Distribution, HG Construction Steel, HG Coupler, and Thread. Its operating segments comprise the Trading segment, the Manufacturing segment, and Others. The Trading segment supplies steel products and includes investments in subsidiaries engaged in steel distribution and the provision of industrial steel services. The Manufacturing segment produces construction steel products and provides related engineering services. The Others segment includes activities that do not fall under the Trading or Manufacturing segments. The majority of the Company's revenue is generated from the Manufacturing segment, with the maximum of its revenue derived from Singapore.
44GF Score
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Dividend Payout Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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