SmarterDividends
BAESF

BAE Systems (BAESF) Dividend

BAE Systems plc · Industrials · Aerospace & Defense · semiannual payer

$26.00

Overvalued · -25% Add to Portfolio

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 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.

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-dateChangeOld → newMove
Oct 22, 2026Lower$0.273 → $0.201−26.4%
Oct 23, 2025Higher$0.160 → $0.180+12.5%
Apr 17, 2025Higher$0.230 → $0.273+18.7%
Oct 24, 2024Higher$0.140 → $0.160+14.3%
Apr 18, 2024Higher$0.206 → $0.230+11.7%
Oct 19, 2023Higher$0.117 → $0.140+19.7%
Apr 20, 2023Higher$0.199 → $0.206+3.5%
Oct 20, 2022Lower$0.137 → $0.117−14.6%
Oct 21, 2021Higher$0.124 → $0.137+10.5%
Apr 22, 2021Higher$0.181 → $0.199+9.9%
Oct 22, 2020Higher$0.121 → $0.124+2.5%
Aug 6, 2020Higher$0.172 → $0.181+5.2%
BAESF ex-dividend date & scheduleNext ex-date Oct 22, 2026 · full ex-dividend historyView →BAESF dividend historyEvery payment, totals by year, raises and cutsView →BAESF dividend calculator100 shares pay $51.00 a year, $25.50 every six monthsCalculate →BAESF total return calculatorWhat $10,000 became, with dividends reinvested or taken as cashSee →

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.