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Friend CoSHSE:605050 -0.30%63 Dividend Payout Ratio is 1.11 as of Mar. 2026, which is 122% above its 10-year median of 0.50. GuruFocus rates SHSE:605050 with a GF Score™ of 63/100 and a GF Value™ of ¥14.23 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 270 Steel companies, Friend Co ranks worse than 60.74% 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. Friend Co's Dividend Payout Ratio for the
months ended in Mar. 2026 was 1.11.
The historical rank and industry rank for Friend Co's Dividend Payout Ratio or its related term are showing as below:
SHSE:605050'
s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.3 Med: 0.5 Max: 0.77
Current: 0.45
During the past 10 years, the highest Dividend Payout Ratio of Friend Co was 0.77. The lowest was 0.30. And the median was 0.50.
SHSE:605050's Dividend Payout Ratio is ranked worse than 60.74% of 270
companies
in the Steel industry
Industry Median: 0.38
vs SHSE:605050: 0.45
During the past 12 months, Friend Co's average Dividends Per Share Growth Rate was -44.40% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was -0.90% per year.
During the past 10 years, the highest 3-Year average Dividends Per Share Growth Rate of Friend Co was 25.00% per year. The lowest was -0.90% per year. And the median was 12.05% 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.
Friend Co (SHSE:605050) 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.
Friend Co Dividend Payout Ratio Related Terms
Friend Co Dividend Payout Ratio Historical Data
* Premium members only.
The historical data trend for Friend Co'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.
SHSE:605050 vs NUE, STLD, RS: Dividend Payout Ratio Comparison
For the Steel subindustry, Friend Co'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.
Friend Co Dividend Payout Ratio vs Steel Industry
For the Steel industry and Basic Materials sector, Friend Co's Dividend Payout Ratio distribution charts can be found below:
* The bar in red indicates where Friend Co'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.
Friend Co's Dividend Payout Ratio for the fiscal year that ended in Dec. 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.
Friend Co (SHSE:605050) has a Dividend Payout Ratio of 1.11 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Friend Co and its competitors. This is 122% above median its historical median of 0.50. Over the past decade, Friend Co's Dividend Payout Ratio has ranged from 0.30 to 0.77. According to the industry distribution chart, Friend Co ranks #164 out of 270 companies in the Steel industry, placing it in the top 60.7%.
Is Friend Co's Dividend Payout Ratio too high?
Friend Co's current Dividend Payout Ratio of 1.11 is 122% above median its 10-year median of 0.50. Over the past 10 years, this metric has ranged from a low of 0.30 to a high of 0.77. The Steel industry median Dividend Payout Ratio is 0.38. Friend Co's value of 1.11 is 192.1% above this industry median. Based on the distribution chart, Friend Co ranks #164 out of 270 companies in the Steel industry, which is below the industry midpoint. Overall, Friend Co has a GF Score™ of 63/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Friend Co's Dividend Payout Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Friend Co ranks #164 out of 270 companies for Dividend Payout Ratio. This places Friend Co in the lower half of its industry. The industry median Dividend Payout Ratio is 0.38. Friend Co's value of 1.11 is 192.1% above this benchmark. Historically, Friend Co's own Dividend Payout Ratio has ranged from 0.30 to 0.77 over the past decade. While the company's 10-year median is 0.50 vs. the industry median of 0.38, Friend Co 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 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. Friend Co's current Dividend Payout Ratio of 1.11 is 192.1% 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 Friend Co 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. Friend Co's current Dividend Payout Ratio is 1.11, which is 122% above median its own 10-year median of 0.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Friend Co stock overvalued right now?
Based on GuruFocus' analysis, Friend Co (SHSE:605050) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥14.23, compared to a current price of ¥10.13 — trading 28.8% below its estimated fair value. The current Dividend Payout Ratio is 1.11, which is 122% above median its 10-year median of 0.50 and 192.1% above the Steel industry median of 0.38. Friend Co's overall GF Score™ is 63/100 with 5 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 Friend Co (SHSE:605050), the current Dividend Payout Ratio is 1.11 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 Friend Co (SHSE:605050) Overvalued in 2026?
Based on GuruFocus' analysis, Friend Co stock appears to be undervalued.
The current stock price of ¥10.13 is trading 28.8% below its estimated GF Value™ of ¥14.23.
GuruFocus considers Friend Co to be Modestly Undervalued.
Key valuation signals for SHSE:605050:
Dividend Payout Ratio: 1.11 (122% above median its 10-year median of 0.50)
GF Value™: ¥14.23 vs. price of ¥10.13 (28.8% below fair value)
Industry Position: 192.1% above the Steel median (#164 of 270)
No single metric tells the full story. See the SHSE:605050 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Friend Co Ltd is engaged in providing complete steel logistics supply chain services for mid-to-high-end automotive, home appliance and other industries or their supporting manufacturers, including procurement, processing, warehousing, cutting, and packaging , Transportation and distribution services, and corresponding technical support services.
63GF Score
Get the complete analysis for SHSE:605050
Dividend Payout Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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