Alcon Inc.
ALCHealthcare · Stock · annual payer
Forward Yield
0.55%
Annual Dividend
$0.36
Payout Ratio
27%
5-Yr Growth
—
Ex-Date
May 6, 2026
Frequency
Annual
Summary
As of September 2026, Alcon Inc. (ALC) yields 0.55% ($0.36 per share annually), with a blended fair-value estimate of $57.34 — -12% downside, so it screens as fairly valued. Dividend safety grade: B (76/100). 4 years of dividend growth.
Is ALC a good dividend stock?
YesAlcon Inc. (ALC) pays a annual dividend yielding 0.55% ($0.36/yr), with 4 years of growth and a dividend-safety grade of B. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- Never cut its dividend on record
- Comfortable payout ratio (27%)
Risks
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 0.55%
- Payout Ratio
- 27%
- Annual Dividend
- $0.36
- 5-Yr Avg Growth
- —
- Ex-Dividend Date
- May 6, 2026
- Years of Growth
- 4
- Frequency
- annual
- Beta
- 0.70
- Market Cap
- $31.4B
- P/E Ratio
- 49.6
- 5-Yr Total Return
- -22%
- 52-Week Range
- $61.84 – $87.64
- Dividend Safety
- B · 76/100
- Ever Cut?
- No
Frequently Asked Questions
ALC Price — Last 12 Months
Daily close
Price Return
1 Year
-12%
3 Years
-9%
5 Years
-22%
52-Week Range
$61.84 – $87.64
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is ALC worth?
Fairly valuedmedium confidenceOur blended fair-value estimate for Alcon Inc. is $57.34 per share, versus a market price of $65.04. That implies the stock is roughly fairly priced.
Fair Value
$57.34
Current Price
$65.04
Gap
-12%
Margin of Safety
-13%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about 12.6% annual free-cash-flow growth. We model 13.0% — below our estimate, leaving room for upside if the business executes.
Assumptions: 7.8% discount rate (CAPM), 13.0% stage-1 growth, 2.5% terminal growth, $1.31 EPS, $0.36 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
ALC Dividend Safety Score
Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| May 5, 2026 | — | $0.3580 | regular |
| May 13, 2025 | — | $0.3310 | regular |
| May 14, 2024 | — | $0.2640 | regular |
| May 10, 2023 | — | $0.2360 | regular |
| May 3, 2022 | — | $0.2050 | regular |
| May 4, 2021 | — | $0.1100 | regular |
Income Calculator
At $0.36 / yr per share
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