SmarterDividends
BAESY

BAE Systems (BAESY) Dividend

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

$101.35

Overvalued · -24% Add to Portfolio

As of Nov 5, 2026, BAE Systems (BAESY) pays a twice-yearly dividend, or $2.02 a year, a 1.90% yield at its $101.35 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 B.

Forward Yield

1.90%

Annual Dividend

$2.02

Payout Ratio

52%

5-Yr Growth

7.9%

Ex-Date

Oct 23, 2026

Frequency

Semiannual

Key facts about BAESY's dividend

Data as of · Source: SmarterDividends data

  • As of Nov 5, 2026, BAE Systems plc (BAESY) has a forward dividend yield of 1.90%, based on an annual dividend of $2.02 per share and a share price of $101.35.
  • As of Nov 5, 2026, BAESY's dividend safety grade from SmarterDividends is B (67 out of 100), which rates the dividend as safe.
  • By SmarterDividends' count, BAE Systems plc (BAESY) has raised its dividend for 3 consecutive years as of Nov 5, 2026.
  • BAESY last cut its regular dividend in 2017.
  • BAESY's most recent ex-dividend date was Oct 23, 2026, for a dividend of $0.79 per share.
  • As of Nov 5, 2026, BAESY pays out 52% of its trailing 12-month earnings as dividends (its payout ratio).
  • BAESY's dividend has grown at an average rate of 7.9% a year over the past five years.
  • As of Nov 5, 2026, BAESY's 1.90% yield is 37% below its five-year average yield of 3.02%.
  • As of Nov 5, 2026, SmarterDividends' blended fair-value estimate for BAESY is $76.70 per share, 24% below the $101.35 share price, so BAESY screens as overvalued.
  • BAE Systems plc (BAESY) pays its dividend semiannual, 2 times a year.
Cite this page

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

Is BAESY a good dividend stock?

Yes, with caveats

BAE Systems plc (BAESY) pays a semiannual dividend yielding 1.90% ($2.02/yr), with 3 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying.

Advantages

  • Comfortable payout ratio (52%)
  • Strong 7.9% 5-yr dividend growth
  • 274% total price return over 5 years

Risks

  • Cut its dividend in 2017

Key Data

Dividend Yield
1.90%
Payout Ratio
52%
Annual Dividend
$2.02
5-Yr Avg Growth
7.9%
Ex-Dividend Date
Oct 23, 2026
Years of Growth
3
Frequency
semiannual
Beta
-0.06
Market Cap
$74.1B
P/E Ratio
27.0
5-Yr Total Return
274%
52-Week Range
$84.50 – $126.00
Dividend Safety
B · 67/100
Ever Cut?
Yes (2017)

BAESY dividend changes

BAE Systems plc (BAESY) pays a variable dividend: across the 44 payments on record since 2004, 25 were higher than the one before and 11 lower. The latest change was up 9.8% to $0.794 per share, going ex-dividend on Oct 23, 2026.

Ex-dateChangeOld → newMove
Oct 23, 2026Higher$0.723 → $0.794+9.8%
Apr 24, 2026Higher$0.663 → $1.22+83.3%
Oct 24, 2025Lower$0.933 → $0.723−22.5%
Oct 25, 2024Higher$0.583 → $0.663+13.7%
Apr 18, 2024Higher$0.501 → $0.933+86.2%
Oct 19, 2023Lower$0.800 → $0.583−27.1%
Oct 20, 2022Lower$0.534 → $0.501−6.2%
Apr 21, 2022Higher$0.486 → $0.800+64.6%
Oct 21, 2021Lower$0.723 → $0.534−26.1%
Oct 22, 2020Higher$0.457 → $0.486+6.3%
Aug 7, 2020Higher$0.470 → $0.723+53.8%
Oct 17, 2019Lower$0.725 → $0.457−37.0%
BAESY ex-dividend date & scheduleNext ex-date Oct 23, 2026 · full ex-dividend historyView →BAESY dividend historyEvery payment, totals by year, raises and cutsView →BAESY dividend calculator100 shares pay $202.00 a year, $101.00 every six monthsCalculate →BAESY total return calculatorWhat $10,000 became, with dividends reinvested or taken as cashSee →

Frequently Asked Questions

Is BAESY a good dividend stock?

Yes, with caveats. BAE Systems plc (BAESY) pays a semiannual dividend yielding 1.90% ($2.02/yr), with 3 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying.

Is BAESY undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, BAESY's fair value is about $76.70 versus a $101.35 share price — so it looks overvalued (-24% vs. fair value).

Is BAESY's dividend safe?

BAESY has a dividend-safety grade of B (67/100), based on its payout coverage, free-cash-flow, 3-year growth streak, a dividend cut in 2017, debt and yield-versus-history.

What is BAESY's fair value?

Our blended fair-value estimate for BAESY is about $76.70 per share, about 24% below the current $101.35 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is BAESY a buy, hold, or sell?

We don't issue formal ratings, but on the data BAESY screens as "yes, with caveats" and overvalued. BAE Systems plc (BAESY) pays a semiannual dividend yielding 1.90% ($2.02/yr), with 3 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying. This is research for your own analysis, not investment advice.

Will BAESY cut its dividend?

BAESY earns a dividend-safety grade of B (67/100), and has cut its dividend before (last in 2017). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does BAESY pay a dividend?

Yes. BAE Systems plc pays a semiannual dividend of about $2.02 per share annually, a forward yield of roughly 1.90%.

How much dividend does 100 shares of BAESY pay?

At $2.02 per share a year, 100 shares of BAESY pay $202.00 a year in dividends before tax, about $101.00 every six months. Buying them costs about $10,135 at the Nov 5, 2026 price.

What is BAESY's dividend yield?

As of Nov 5, 2026, BAESY's forward dividend yield is 1.90%, based on a $2.02 annual dividend and a $101.35 share price.

What is BAESY's dividend per share?

As of Nov 5, 2026, BAESY pays $2.02 per share per year, distributed on a semiannual basis.

What is BAESY's dividend payout ratio?

As of Nov 5, 2026, BAESY'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 BAESY grown its dividend?

As of Nov 5, 2026, BAESY has increased its dividend for 3 consecutive years.

When is the next BAESY ex-dividend date?

As of Nov 5, 2026, BAESY's next ex-dividend date hasn't been announced. The most recent was Oct 23, 2026, for $0.79 per share.