
AstraZeneca (AZN) Dividend
AstraZeneca PLC · Healthcare · Drug Manufacturers - General · semiannual payer
As of Nov 5, 2026, AstraZeneca (AZN) pays a twice-yearly dividend, or $3.20 a year, a 1.69% yield at its $190.07 share price. It pays twice a year, usually in March and September. It has raised its dividend 2 years in a row and has a dividend safety grade of B.
Forward Yield
1.69%
Annual Dividend
$3.20
Payout Ratio
45%
5-Yr Growth
2.3%
Ex-Date
Aug 7, 2026
Frequency
Semiannual
Key facts about AZN's dividend
Data as of · Source: SmarterDividends data
- As of Nov 5, 2026, AstraZeneca PLC (AZN) has a forward dividend yield of 1.69%, based on an annual dividend of $3.20 per share and a share price of $190.07.
- As of Nov 5, 2026, AZN's dividend safety grade from SmarterDividends is B (79 out of 100), which rates the dividend as safe.
- By SmarterDividends' count, AstraZeneca PLC (AZN) has raised its dividend for 2 consecutive years as of Nov 5, 2026.
- AZN last cut its regular dividend in 2009.
- AZN's most recent ex-dividend date was Feb 19, 2026, for a dividend of $2.15 per share.
- As of Nov 5, 2026, AZN pays out 45% of its trailing 12-month earnings as dividends (its payout ratio).
- AZN's dividend has grown at an average rate of 2.3% a year over the past five years.
- As of Nov 5, 2026, AZN's 1.69% yield is 23% below its five-year average yield of 2.19%.
- As of Nov 5, 2026, SmarterDividends' blended fair-value estimate for AZN is $130.38 per share, 31% below the $190.07 share price, so AZN screens as overvalued.
- AstraZeneca PLC (AZN) pays its dividend semiannual, 2 times a year.
Cite this page
SmarterDividends, "AZN Dividend: Yield, Safety Grade & Next Ex-Date," updated Nov 5, 2026, https://smarterdividends.com/stocks/AZN
Is AZN a good dividend stock?
YesAstraZeneca PLC (AZN) pays a semiannual dividend yielding 1.69% ($3.20/yr), with 2 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
- Comfortable payout ratio (45%)
- 70% total price return over 5 years
Risks
- Cut its dividend in 2009
Key Data
- Dividend Yield
- 1.69%
- Payout Ratio
- 45%
- Annual Dividend
- $3.20
- 5-Yr Avg Growth
- 2.3%
- Ex-Dividend Date
- Aug 7, 2026
- Years of Growth
- 2
- Frequency
- semiannual
- Beta
- 0.17
- Market Cap
- $294.8B
- P/E Ratio
- 26.9
- 5-Yr Total Return
- 70%
- 52-Week Range
- $153.41 – $212.71
- Dividend Safety
- B · 79/100
- Ever Cut?
- Yes (2009)
AZN dividend changes
AstraZeneca PLC (AZN) pays a variable dividend: across the 67 payments on record since 1993, 24 were higher than the one before and 4 lower. The latest change was up 2.5% to $2.15 per share, going ex-dividend on Feb 19, 2026.
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| Feb 19, 2026 | Higher | $2.10 → $2.15 | +2.5% |
| Aug 8, 2025 | Higher | $1.00 → $1.03 | +3.0% |
| Feb 21, 2025 | Higher | $1.97 → $2.10 | +6.6% |
| Aug 9, 2024 | Higher | $0.930 → $1.00 | +7.5% |
| Feb 22, 2024 | Higher | $0.930 → $1.97 | +111.8% |
| Aug 10, 2023 | Higher | $0.900 → $0.930 | +3.3% |
| Aug 11, 2022 | Higher | $0.900 → $0.930 | +3.3% |
| Aug 14, 2013 | Higher | $0.850 → $0.900 | +5.9% |
| Aug 8, 2012 | Higher | $0.700 → $0.900 | +28.6% |
| Aug 4, 2011 | Higher | $0.590 → $0.850 | +44.1% |
| Aug 4, 2010 | Higher | $0.550 → $0.700 | +27.3% |
| Aug 5, 2009 | Higher | $0.520 → $0.590 | +13.5% |
Frequently Asked Questions
Is AZN a good dividend stock?
Yes. AstraZeneca PLC (AZN) pays a semiannual dividend yielding 1.69% ($3.20/yr), with 2 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 AZN undervalued?
Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, AZN's fair value is about $130.38 versus a $190.07 share price — so it looks overvalued (-31% vs. fair value).
Is AZN's dividend safe?
AZN has a dividend-safety grade of B (79/100), based on its payout coverage, free-cash-flow, 2-year growth streak, a dividend cut in 2009, debt and yield-versus-history.
What is AZN's fair value?
Our blended fair-value estimate for AZN is about $130.38 per share, about 31% below the current $190.07 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.
Is AZN a buy, hold, or sell?
We don't issue formal ratings, but on the data AZN screens as "yes" and overvalued. AstraZeneca PLC (AZN) pays a semiannual dividend yielding 1.69% ($3.20/yr), with 2 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 AZN cut its dividend?
AZN earns a dividend-safety grade of B (79/100), and has cut its dividend before (last in 2009). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.
Does AZN pay a dividend?
Yes. AstraZeneca PLC pays a semiannual dividend of about $3.20 per share annually, a forward yield of roughly 1.69%.
How much dividend does 100 shares of AZN pay?
At $3.20 per share a year, 100 shares of AZN pay $320.00 a year in dividends before tax, about $160.00 every six months. Buying them costs about $19,007 at the Nov 5, 2026 price.
What is AZN's dividend yield?
As of Nov 5, 2026, AZN's forward dividend yield is 1.69%, based on a $3.20 annual dividend and a $190.07 share price.
What is AZN's dividend per share?
As of Nov 5, 2026, AZN pays $3.20 per share per year, distributed on a semiannual basis.
What is AZN's dividend payout ratio?
As of Nov 5, 2026, AZN's payout ratio is 45% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.
How many years has AZN grown its dividend?
As of Nov 5, 2026, AZN has increased its dividend for 2 consecutive years.
When is the next AZN ex-dividend date?
As of Nov 5, 2026, AZN's next ex-dividend date hasn't been announced. The most recent was Feb 19, 2026, for $2.15 per share.
AZN Price — Last 12 Months
Daily close
Price Return
1 Year
+1%
3 Years
+44%
5 Years
+70%
52-Week Range
$153.41 – $212.71
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is AZN worth?
Overvaluedmedium confidenceOur blended fair-value estimate for AstraZeneca PLC is $130.38 per share, versus a market price of $190.07. That implies 31% of downside.
Fair Value
$130.38
Current Price
$190.07
Downside
-31%
Margin of Safety
-46%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Dividend discount
Discounts the future dividend stream 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 16.8% annual free-cash-flow growth. We model 11.2% — so the price already assumes faster growth than we think is likely.
Assumptions: 8.0% discount rate (CAPM), 11.2% growth for five years fading to 2.5% over the next five, $6.69 EPS, $3.20 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
AZN 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
Full AZN dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Feb 19, 2026 | — | $2.1530 | regular |
| Aug 8, 2025 | Sep 8, 2025 | $1.0300 | regular |
| Feb 21, 2025 | Mar 24, 2025 | $2.1000 | regular |
| Aug 9, 2024 | Sep 9, 2024 | $1.0000 | regular |
| Feb 22, 2024 | Mar 25, 2024 | $1.9700 | regular |
| Aug 10, 2023 | Sep 11, 2023 | $0.9300 | regular |
| Feb 23, 2023 | Mar 27, 2023 | $1.9700 | regular |
| Aug 11, 2022 | Sep 12, 2022 | $0.9300 | regular |
| Feb 24, 2022 | Mar 28, 2022 | $1.9700 | regular |
| Aug 12, 2021 | Sep 13, 2021 | $0.9000 | regular |
| Feb 25, 2021 | Mar 29, 2021 | $1.9000 | regular |
| Aug 13, 2020 | Sep 14, 2020 | $0.9000 | regular |
| Feb 27, 2020 | Mar 30, 2020 | $1.9000 | regular |
| Aug 8, 2019 | Sep 9, 2019 | $0.9000 | regular |
Income Calculator
At $3.20 / yr per share
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