SmarterDividends
GGB

Gerdau S.A.

GGB

Basic Materials · Steel · Stock · quarterly payer

$5.10

Overvalued · -57% Add to Portfolio

Forward Yield

3.54%

Annual Dividend

$0.18

Payout Ratio

59%

5-Yr Growth

12.5%

Ex-Date

Aug 21, 2026

Frequency

Quarterly

Key facts about GGB's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 24, 2026, Gerdau S.A. (GGB) has a forward dividend yield of 3.54%, based on an annual dividend of $0.18 per share and a share price of $5.10.
  • As of Oct 24, 2026, GGB's dividend safety grade from SmarterDividends is C (61 out of 100), which rates the dividend as borderline.
  • GGB last cut its regular dividend in 2024.
  • GGB's most recent ex-dividend date was Aug 21, 2026, for a dividend of $0.0450 per share.
  • As of Oct 24, 2026, GGB pays out 59% of its trailing 12-month earnings as dividends (its payout ratio).
  • GGB's dividend has grown at an average rate of 12.5% a year over the past five years.
  • As of Oct 24, 2026, GGB's 3.54% yield is 52% below its five-year average yield of 7.36%.
  • As of Oct 24, 2026, SmarterDividends' blended fair-value estimate for GGB is $2.17 per share, 57% below the $5.10 share price, so GGB screens as overvalued.
  • Gerdau S.A. (GGB) pays its dividend quarterly, 4 times a year.
Cite this page

SmarterDividends, "GGB Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 24, 2026, https://smarterdividends.com/stocks/GGB

Summary

As of Oct 24, 2026, Gerdau S.A. (GGB) yields 3.54% ($0.18 a year per share) and has a dividend safety grade of C (61/100).

Is GGB a good dividend stock?

Yes, with caveats

Gerdau S.A. (GGB) pays a quarterly dividend yielding 3.54% ($0.18/yr), with 0 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.

Advantages

  • Comfortable payout ratio (59%)
  • Strong 12.5% 5-yr dividend growth
  • 42% total price return over 5 years

Risks

  • Cut its dividend in 2024

Key Data

Dividend Yield
3.54%
Payout Ratio
59%
Annual Dividend
$0.18
5-Yr Avg Growth
12.5%
Ex-Dividend Date
Aug 21, 2026
Years of Growth
0
Frequency
quarterly
Beta
0.89
Market Cap
$10.0B
P/E Ratio
23.2
5-Yr Total Return
42%
52-Week Range
$3.14 – $5.48
Dividend Safety
C · 61/100
Ever Cut?
Yes (2024)

GGB dividend changes

Gerdau S.A. (GGB) pays a variable dividend: across the 94 payments on record since 1999, 41 were higher than the one before and 23 lower. The latest change was up 25.0% to $0.0450 per share, going ex-dividend on Aug 21, 2026.

Ex-dateChangeOld → newMove
Aug 21, 2026Higher$0.0360 → $0.0450+25.0%
May 15, 2026Higher$0.0220 → $0.0360+63.6%
Aug 13, 2025Higher$0.0210 → $0.0220+4.8%
May 12, 2025Higher$0.0170 → $0.0210+23.5%
Mar 7, 2025Lower$0.0490 → $0.0170−65.3%
Nov 21, 2024Higher$0.0220 → $0.0490+122.7%
Aug 13, 2024Higher$0.0167 → $0.0220+32.0%
Mar 4, 2024Lower$0.0800 → $0.0167−79.2%
Nov 20, 2023Higher$0.0733 → $0.0800+9.1%
Aug 21, 2023Higher$0.0302 → $0.0733+143.2%
Mar 15, 2023Lower$0.109 → $0.0302−72.3%
Aug 16, 2022Higher$0.0921 → $0.109+18.1%
Every GGB payment →Download every raise and cut (CSV)
GGB ex-dividend date & scheduleNext ex-date Aug 21, 2026 · full ex-dividend historyView →GGB dividend historyEvery payment, totals by year, raises and cutsView →

Frequently Asked Questions

Is GGB a good dividend stock?

Yes, with caveats. Gerdau S.A. (GGB) pays a quarterly dividend yielding 3.54% ($0.18/yr), with 0 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.

Is GGB undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, GGB's fair value is about $2.17 versus a $5.10 share price — so it looks overvalued (-57% vs. fair value).

Is GGB's dividend safe?

GGB has a dividend-safety grade of C (61/100), based on its payout coverage, free-cash-flow, 0-year growth streak, a dividend cut in 2024, debt and yield-versus-history.

What is GGB's fair value?

Our blended fair-value estimate for GGB is about $2.17 per share, about 57% below the current $5.10 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is GGB a buy, hold, or sell?

We don't issue formal ratings, but on the data GGB screens as "yes, with caveats" and overvalued. Gerdau S.A. (GGB) pays a quarterly dividend yielding 3.54% ($0.18/yr), with 0 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying. This is research for your own analysis, not investment advice.

Will GGB cut its dividend?

GGB earns a dividend-safety grade of C (61/100), and has cut its dividend before (last in 2024). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does GGB pay a dividend?

Yes. Gerdau S.A. pays a quarterly dividend of about $0.18 per share annually, a forward yield of roughly 3.54%.

What is GGB's dividend yield?

As of Oct 24, 2026, GGB's forward dividend yield is 3.54%, based on a $0.18 annual dividend and a $5.10 share price.

What is GGB's dividend per share?

As of Oct 24, 2026, GGB pays $0.18 per share per year, distributed on a quarterly basis.

What is GGB's dividend payout ratio?

As of Oct 24, 2026, GGB's payout ratio is 59% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.

How many years has GGB grown its dividend?

GGB does not currently have a long dividend-growth streak on record.

When is the next GGB ex-dividend date?

As of Oct 24, 2026, GGB's next ex-dividend date hasn't been announced. The most recent was Aug 21, 2026, for $0.0450 per share.

GGB Dividend News

GGB
IncreaseGGB·Aug 25, 2026

Gerdau Raises Quarterly Dividend 25.0% to $0.045

Gerdau lifted its quarterly ADR dividend 25.0% to $0.045 as stronger second-quarter earnings improved coverage despite heavy capital investment.

GGB
IncreaseGGB·Jun 11, 2026

Gerdau Raises Quarterly Dividend 89.5% to $0.036

Gerdau lifted its quarterly dividend 89.5% to $0.036 a share as profit improved, while its uneven payment history keeps coverage in focus.

Income Calculator

At $0.18 / yr per share

Per payment (quarterly)$4.50
Annual$18.00
Monthly avg$1.50

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