Boustead Singapore (SGX:F9D) Dividend Payout Ratio: 0.08 (As of Mar. 2026) — 82% Below Median

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SGX:F9D Boustead Singapore Ltd SGX:F9D
57 GF Score
Price S$1.98
GF Value S$0.90
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Boustead Singapore Dividend Payout Ratio?

Boustead Singapore SGX:F9D +2.06% 57 Dividend Payout Ratio is 0.08 as of Mar. 2026, which is 82% below its 10-year median of 0.45. GuruFocus rates SGX:F9D with a GF Score™ of 57/100 and a GF Value™ of S$0.90 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 314 Conglomerates companies, Boustead Singapore ranks better than 77.07% 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. Boustead Singapore's Dividend Payout Ratio for the months ended in Mar. 2026 was 0.08.

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

SGX:F9D' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.13   Med: 0.45   Max: 0.68
Current: 0.22

During the past 13 years, the highest Dividend Payout Ratio of Boustead Singapore was 0.68. The lowest was 0.13. And the median was 0.45.

SGX:F9D's Dividend Payout Ratio is ranked better than
77.07% of 314 companies
in the Conglomerates industry
Industry Median: 0.36 vs SGX:F9D: 0.22

As of today (2026-08-01), the Dividend Yield % of Boustead Singapore is 2.78%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Boustead Singapore was 6.00%. The lowest was 2.14%. And the median was 3.75%.

Boustead Singapore's Dividends per Share for the months ended in Mar. 2026 was S$0.02.

During the past 3 years, the average Dividends Per Share Growth Rate was 11.20% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 10.90% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 8.10% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Boustead Singapore was 58.70% per year. The lowest was -20.60% per year. And the median was 6.60% 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.

Boustead Singapore (SGX:F9D) 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.

Boustead Singapore Dividend Payout Ratio Related Terms

Boustead Singapore Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Boustead Singapore'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.

Boustead Singapore Dividend Payout Ratio Chart

Boustead Singapore 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 0.68 0.49 0.30 0.36 0.21

Boustead Singapore 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 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 0.20 0.56 0.19 0.58 0.08

SGX:F9D vs MMM, HON: Dividend Payout Ratio Comparison

For the Conglomerates subindustry, Boustead Singapore'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.

Boustead Singapore Dividend Payout Ratio vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Boustead Singapore's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Boustead Singapore's Dividend Payout Ratio falls into.


SGX:F9D
57GF Score
Boustead Singapore Ltd SGX:F9D
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Boustead Singapore 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.

Boustead Singapore'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 )
=0.055/ 0.257
=0.21

Boustead Singapore'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 )
=0.015/ 0.179
=0.08

* 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 0.08 mean?
Boustead Singapore (SGX:F9D) has a Dividend Payout Ratio of 0.08 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Boustead Singapore and its competitors. This is 82% below median its historical median of 0.45. Over the past decade, Boustead Singapore's Dividend Payout Ratio has ranged from 0.13 to 0.68. According to the industry distribution chart, Boustead Singapore ranks #72 out of 314 companies in the Conglomerates industry, placing it in the top 22.9%.
Is Boustead Singapore's Dividend Payout Ratio too high?
Boustead Singapore's current Dividend Payout Ratio of 0.08 is 82% below median its 10-year median of 0.45. Over the past 10 years, this metric has ranged from a low of 0.13 to a high of 0.68. The Conglomerates industry median Dividend Payout Ratio is 0.36. Boustead Singapore's value of 0.08 is 77.8% below this industry median. Based on the distribution chart, Boustead Singapore ranks #72 out of 314 companies in the Conglomerates industry, which is in the top quartile — a strong position relative to peers. Overall, Boustead Singapore has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Boustead Singapore's Dividend Payout Ratio compare to MMM and HON?
According to the Conglomerates industry distribution chart, Boustead Singapore ranks #72 out of 314 companies for Dividend Payout Ratio. This places Boustead Singapore in the top 23% of its industry — outperforming the majority of peers. The industry median Dividend Payout Ratio is 0.36. Boustead Singapore's value of 0.08 is 77.8% below this benchmark. Historically, Boustead Singapore's own Dividend Payout Ratio has ranged from 0.13 to 0.68 over the past decade. While the company's 10-year median is 0.45 vs. the industry median of 0.36, Boustead Singapore 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 Conglomerates company?
The median Dividend Payout Ratio among Conglomerates companies is 0.36, based on 314 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. Boustead Singapore's current Dividend Payout Ratio of 0.08 is 77.8% 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 Boustead Singapore and its competitors. For the Conglomerates industry, the median Dividend Payout Ratio is 0.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Boustead Singapore's current Dividend Payout Ratio is 0.08, which is 82% below median its own 10-year median of 0.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Boustead Singapore stock overvalued right now?
Based on GuruFocus' analysis, Boustead Singapore (SGX:F9D) is currently considered Significantly Overvalued. The stock's GF Value™ is S$0.90, compared to a current price of S$1.98 — trading 120% above its estimated fair value. The current Dividend Payout Ratio is 0.08, which is 82% below median its 10-year median of 0.45 and 77.8% below the Conglomerates industry median of 0.36. Boustead Singapore's overall GF Score™ is 57/100 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 Boustead Singapore (SGX:F9D), the current Dividend Payout Ratio is 0.08 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 Boustead Singapore (SGX:F9D) Overvalued in 2026?

Based on GuruFocus' analysis, Boustead Singapore stock appears to be overvalued. The current stock price of S$1.98 is trading 120% above its estimated GF Value™ of S$0.90. GuruFocus considers Boustead Singapore to be Significantly Overvalued.

Key valuation signals for SGX:F9D:

  • Dividend Payout Ratio: 0.08 (82% below median its 10-year median of 0.45)
  • GF Value™: S$0.90 vs. price of S$1.98 (120% above fair value)
  • GF Score™: 57/100 with 4 warning signs
  • Industry Position: 77.8% below the Conglomerates median (#72 of 314)

No single metric tells the full story. See the SGX:F9D stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Boustead Singapore Business Description

Address 82 Ubi Avenue 4, No. 08-01 Edward Boustead Centre, Singapore, SGP, 408832
Boustead Singapore Ltd is an investment holding company that engages in infrastructure-related engineering services and geo-spatial solutions. It operates in five segments. The company has five operating segments: Geospatial, Real Estate Solutions, Energy Engineering, Healthcare, and HQ activities. The company generates key revenue from the Geospatial segment, which includes exclusive distribution, professional services, and solutions related to Esri ArcGIS, geographic information system, smart mapping, and location analytics platform, for key markets across Australia and parts of South East Asia.
57GF Score

Get the complete analysis for SGX:F9D

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

S$1.98
Price
S$0.90
GF Value