
BAE Systems (BAESF) Dividend
BAE Systems plc · Industrials · Aerospace & Defense · semiannual payer
As of Nov 5, 2026, BAE Systems (BAESF) pays a twice-yearly dividend, or $0.51 a year, a 1.88% yield at its $26.00 share price. It pays twice a year, usually in June and December. It has raised its dividend 3 years in a row and has a dividend safety grade of C.
Forward Yield
1.88%
Annual Dividend
$0.51
Payout Ratio
52%
5-Yr Growth
8.2%
Ex-Date
Oct 22, 2026
Frequency
Semiannual
Key facts about BAESF's dividend
Data as of · Source: SmarterDividends data
- As of Nov 5, 2026, BAE Systems plc (BAESF) has a forward dividend yield of 1.88%, based on an annual dividend of $0.51 per share and a share price of $26.00.
- As of Nov 5, 2026, BAESF's dividend safety grade from SmarterDividends is C (62 out of 100), which rates the dividend as borderline.
- By SmarterDividends' count, BAE Systems plc (BAESF) has raised its dividend for 3 consecutive years as of Nov 5, 2026.
- BAESF last cut its regular dividend in 2022.
- BAESF's most recent ex-dividend date was Oct 22, 2026, for a dividend of $0.20 per share.
- As of Nov 5, 2026, BAESF pays out 52% of its trailing 12-month earnings as dividends (its payout ratio).
- BAESF's dividend has grown at an average rate of 8.2% a year over the past five years.
- As of Nov 5, 2026, BAESF's 1.88% yield is 38% below its five-year average yield of 3.03%.
- As of Nov 5, 2026, SmarterDividends' blended fair-value estimate for BAESF is $19.52 per share, 25% below the $26.00 share price, so BAESF screens as overvalued.
- BAE Systems plc (BAESF) pays its dividend semiannual, 2 times a year.
Cite this page
SmarterDividends, "BAESF Dividend: Yield, Safety Grade & Next Ex-Date," updated Nov 5, 2026, https://smarterdividends.com/stocks/BAESF
Is BAESF a good dividend stock?
Yes, with caveatsBAE Systems plc (BAESF) pays a semiannual dividend yielding 1.88% ($0.51/yr), with 3 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 (52%)
- Strong 8.2% 5-yr dividend growth
- 278% total price return over 5 years
Risks
- Cut its dividend in 2022
Key Data
- Dividend Yield
- 1.88%
- Payout Ratio
- 52%
- Annual Dividend
- $0.51
- 5-Yr Avg Growth
- 8.2%
- Ex-Dividend Date
- Oct 22, 2026
- Years of Growth
- 3
- Frequency
- semiannual
- Beta
- -0.06
- Market Cap
- $76.0B
- P/E Ratio
- 27.7
- 5-Yr Total Return
- 278%
- 52-Week Range
- $21.12 – $32.21
- Dividend Safety
- C · 62/100
- Ever Cut?
- Yes (2022)
BAESF dividend changes
BAE Systems plc (BAESF) pays a variable dividend: across the 26 payments on record since 2014, 14 were higher than the one before and 7 lower. The latest change was down 26.4% to $0.201 per share, going ex-dividend on Oct 22, 2026.
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| Oct 22, 2026 | Lower | $0.273 → $0.201 | −26.4% |
| Oct 23, 2025 | Higher | $0.160 → $0.180 | +12.5% |
| Apr 17, 2025 | Higher | $0.230 → $0.273 | +18.7% |
| Oct 24, 2024 | Higher | $0.140 → $0.160 | +14.3% |
| Apr 18, 2024 | Higher | $0.206 → $0.230 | +11.7% |
| Oct 19, 2023 | Higher | $0.117 → $0.140 | +19.7% |
| Apr 20, 2023 | Higher | $0.199 → $0.206 | +3.5% |
| Oct 20, 2022 | Lower | $0.137 → $0.117 | −14.6% |
| Oct 21, 2021 | Higher | $0.124 → $0.137 | +10.5% |
| Apr 22, 2021 | Higher | $0.181 → $0.199 | +9.9% |
| Oct 22, 2020 | Higher | $0.121 → $0.124 | +2.5% |
| Aug 6, 2020 | Higher | $0.172 → $0.181 | +5.2% |
Frequently Asked Questions
Is BAESF a good dividend stock?
Yes, with caveats. BAE Systems plc (BAESF) pays a semiannual dividend yielding 1.88% ($0.51/yr), with 3 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.
Is BAESF undervalued?
Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, BAESF's fair value is about $19.52 versus a $26.00 share price — so it looks overvalued (-25% vs. fair value).
Is BAESF's dividend safe?
BAESF has a dividend-safety grade of C (62/100), based on its payout coverage, free-cash-flow, 3-year growth streak, a dividend cut in 2022, debt and yield-versus-history.
What is BAESF's fair value?
Our blended fair-value estimate for BAESF is about $19.52 per share, about 25% below the current $26.00 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.
Is BAESF a buy, hold, or sell?
We don't issue formal ratings, but on the data BAESF screens as "yes, with caveats" and overvalued. BAE Systems plc (BAESF) pays a semiannual dividend yielding 1.88% ($0.51/yr), with 3 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 BAESF cut its dividend?
BAESF earns a dividend-safety grade of C (62/100), and has cut its dividend before (last in 2022). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.
Does BAESF pay a dividend?
Yes. BAE Systems plc pays a semiannual dividend of about $0.51 per share annually, a forward yield of roughly 1.88%.
How much dividend does 100 shares of BAESF pay?
At $0.51 per share a year, 100 shares of BAESF pay $51.00 a year in dividends before tax, about $25.50 every six months. Buying them costs about $2,600 at the Nov 5, 2026 price.
What is BAESF's dividend yield?
As of Nov 5, 2026, BAESF's forward dividend yield is 1.88%, based on a $0.51 annual dividend and a $26.00 share price.
What is BAESF's dividend per share?
As of Nov 5, 2026, BAESF pays $0.51 per share per year, distributed on a semiannual basis.
What is BAESF's dividend payout ratio?
As of Nov 5, 2026, BAESF's payout ratio is 52% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.
How many years has BAESF grown its dividend?
As of Nov 5, 2026, BAESF has increased its dividend for 3 consecutive years.
When is the next BAESF ex-dividend date?
As of Nov 5, 2026, BAESF's next ex-dividend date hasn't been announced. The most recent was Oct 22, 2026, for $0.20 per share.
BAESF Price — Last 12 Months
Daily close
Price Return
1 Year
+27%
3 Years
+105%
5 Years
+278%
52-Week Range
$21.12 – $32.21
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is BAESF worth?
Overvaluedmedium confidenceOur blended fair-value estimate for BAE Systems plc is $19.52 per share, versus a market price of $26.00. That implies 25% of downside.
Fair Value
$19.52
Current Price
$26.00
Downside
-25%
Margin of Safety
-33%
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 15.9% annual free-cash-flow growth. We model 12.0% — so the price already assumes faster growth than we think is likely.
Assumptions: 9.3% discount rate (CAPM), 12.0% growth for five years fading to 2.5% over the next five, $0.94 EPS, $0.51 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
BAESF Dividend Safety Score
Borderline
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 BAESF dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Oct 22, 2026 | Dec 2, 2026 | $0.2010 | regular |
| Apr 23, 2026 | — | $0.3080 | regular |
| Oct 23, 2025 | — | $0.1800 | regular |
| Apr 17, 2025 | — | $0.2730 | regular |
| Oct 24, 2024 | — | $0.1600 | regular |
| Apr 18, 2024 | Jun 3, 2024 | $0.2300 | regular |
| Oct 19, 2023 | Nov 30, 2023 | $0.1400 | regular |
| Apr 20, 2023 | Jun 1, 2023 | $0.2060 | regular |
| Oct 20, 2022 | Nov 30, 2022 | $0.1170 | regular |
| Apr 21, 2022 | Jun 1, 2022 | $0.1990 | regular |
| Oct 21, 2021 | Nov 30, 2021 | $0.1370 | regular |
| Apr 22, 2021 | Jun 1, 2021 | $0.1990 | regular |
| Oct 22, 2020 | Nov 30, 2020 | $0.1240 | regular |
| Aug 6, 2020 | Sep 14, 2020 | $0.1810 | regular |
Income Calculator
At $0.51 / yr per share
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