Alcon (ALC) Dividend

Alcon Inc. · Healthcare · Medical Instruments & Supplies · annual payer

$76.96

As of Nov 5, 2026, Alcon (ALC) pays an annual dividend of $0.3580 per share, or $0.36 a year, a 0.46% yield at its $76.96 share price. It pays once a year, usually in May. It has raised its dividend 4 years in a row and has a dividend safety grade of B.

Forward Yield

0.46%

Annual Dividend

$0.36

Payout Ratio

27%

5-Yr Growth

—

Ex-Date

May 6, 2026

Frequency

Annual

Key facts about ALC's dividend

Data as of Nov 5, 2026 · Source: SmarterDividends data

As of Nov 5, 2026, Alcon Inc. (ALC) has a forward dividend yield of 0.46%, based on an annual dividend of $0.36 per share and a share price of $76.96.
As of Nov 5, 2026, ALC's dividend safety grade from SmarterDividends is B (76 out of 100), which rates the dividend as safe.
By SmarterDividends' count, Alcon Inc. (ALC) has raised its dividend for 4 consecutive years as of Nov 5, 2026.
ALC has never cut its regular dividend in the payment history SmarterDividends has on record.
ALC's most recent ex-dividend date was May 5, 2026, for a dividend of $0.36 per share.
As of Nov 5, 2026, ALC pays out 27% of its trailing 12-month earnings as dividends (its payout ratio).
As of Nov 5, 2026, ALC's 0.46% yield is 61% above its five-year average yield of 0.29%.
As of Nov 5, 2026, SmarterDividends' blended fair-value estimate for ALC is $57.79 per share, 25% below the $76.96 share price, so ALC screens as overvalued.
Alcon Inc. (ALC) pays its dividend annual, once a year.
Alcon Inc. (ALC) has raised its regular dividend 5 times and cut it 0 times across the 6 payments on record since 2021. Its most recent change was a 8.2% increase to $0.358 per share, going ex-dividend on May 5, 2026.

Cite this page

SmarterDividends, "ALC Dividend: Yield, Safety Grade & Next Ex-Date," updated Nov 5, 2026, https://smarterdividends.com/stocks/ALC

Is ALC a good dividend stock?

Yes

Alcon Inc. (ALC) pays a annual dividend yielding 0.46% ($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: 0.46%
Payout Ratio: 27%
Annual Dividend: $0.36
5-Yr Avg Growth: —
Ex-Dividend Date: May 6, 2026
Years of Growth: 4
Frequency: annual
Beta: 0.72
Market Cap: $37.2B
P/E Ratio: 58.3
5-Yr Total Return: -9%
52-Week Range: $61.84 – $87.64
Dividend Safety: B · 76/100
Ever Cut?: No

ALC dividend raises and cuts

Alcon Inc. (ALC) has raised its regular dividend 5 times and cut it 0 times across the 6 payments on record since 2021. Its most recent change was a 8.2% increase to $0.358 per share, going ex-dividend on May 5, 2026.

Ex-date	Change	Old → new	Move
May 5, 2026	Raise	$0.331 → $0.358	+8.2%
May 13, 2025	Raise	$0.264 → $0.331	+25.4%
May 14, 2024	Raise	$0.236 → $0.264	+11.9%
May 10, 2023	Raise	$0.205 → $0.236	+15.1%
May 3, 2022	Raise	$0.110 → $0.205	+86.4%

Every ALC payment →Download every raise and cut (CSV)

ALC ex-dividend date & scheduleNext ex-date May 6, 2026 · full ex-dividend historyView →ALC dividend historyEvery payment, totals by year, raises and cutsView →ALC dividend calculator100 shares pay $36.00 a year, $36.00 each yearCalculate →ALC total return calculatorWhat $10,000 became, with dividends reinvested or taken as cashSee →

Frequently Asked Questions

Is ALC a good dividend stock?

Yes. Alcon Inc. (ALC) pays a annual dividend yielding 0.46% ($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.

Is ALC undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, ALC's fair value is about $57.79 versus a $76.96 share price — so it looks overvalued (-25% vs. fair value).

Is ALC's dividend safe?

ALC has a dividend-safety grade of B (76/100), based on its payout coverage, free-cash-flow, 4-year growth streak, a clean no-cut history, debt and yield-versus-history.

What is ALC's fair value?

Our blended fair-value estimate for ALC is about $57.79 per share, about 25% below the current $76.96 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is ALC a buy, hold, or sell?

We don't issue formal ratings, but on the data ALC screens as "yes" and overvalued. Alcon Inc. (ALC) pays a annual dividend yielding 0.46% ($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. This is research for your own analysis, not investment advice.

Will ALC cut its dividend?

ALC earns a dividend-safety grade of B (76/100), with no dividend cut on record. A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does ALC pay a dividend?

Yes. Alcon Inc. pays a annual dividend of about $0.36 per share annually, a forward yield of roughly 0.46%.

How much dividend does 100 shares of ALC pay?

At $0.36 per share a year, 100 shares of ALC pay $36.00 a year in dividends before tax, about $36.00 each year. Buying them costs about $7,696 at the Nov 5, 2026 price.

What is ALC's dividend yield?

As of Nov 5, 2026, ALC's forward dividend yield is 0.46%, based on a $0.36 annual dividend and a $76.96 share price.

What is ALC's dividend per share?

As of Nov 5, 2026, ALC pays $0.36 per share per year, distributed on a annual basis.

What is ALC's dividend payout ratio?

As of Nov 5, 2026, ALC's payout ratio is 27% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.

How many years has ALC grown its dividend?

As of Nov 5, 2026, ALC has increased its dividend for 4 consecutive years.

When is the next ALC ex-dividend date?

As of Nov 5, 2026, ALC's next ex-dividend date hasn't been announced. The most recent was May 5, 2026, for $0.36 per share.

Dividend Growth

Total dividends per share by year

Dividend History

Full ALC dividend history →

Ex-Date	Pay Date	Amount	Type
May 5, 2026	—	$0.3580	regular
May 13, 2025	—	$0.3310	regular
May 14, 2024	May 16, 2024	$0.2640	regular
May 10, 2023	May 12, 2023	$0.2360	regular
May 3, 2022	May 5, 2022	$0.2050	regular
May 4, 2021	May 6, 2021	$0.1100	regular