Becton, Dickinson and Company
BDX42 yrs growthHealthcare · Stock · quarterly payer
Forward Yield
2.27%
Annual Dividend
$4.20
Payout Ratio
72%
5-Yr Growth
6.0%
Ex-Date
Sep 9, 2026
Frequency
Quarterly
Summary
As of September 2026, Becton, Dickinson and Company (BDX) yields 2.27% ($4.20 per share annually), with a blended fair-value estimate of $155.06 — -16% downside, so it screens as overvalued. Dividend safety grade: A (90/100). 42 years of dividend growth.
Is BDX a good dividend stock?
YesBecton, Dickinson and Company (BDX) pays a quarterly dividend yielding 2.27% ($4.20/yr), with 42 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- Dividend Aristocrat — 42 consecutive years of growth
- Never cut its dividend on record
- Strong 6.0% 5-yr dividend growth
- Top-tier dividend safety score
Risks
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 2.27%
- Payout Ratio
- 72%
- Annual Dividend
- $4.20
- 5-Yr Avg Growth
- 6.0%
- Ex-Dividend Date
- Sep 9, 2026
- Years of Growth
- 42
- Frequency
- quarterly
- Beta
- 0.28
- Market Cap
- $50.3B
- P/E Ratio
- 32.0
- 5-Yr Total Return
- -2%
- 52-Week Range
- $127.59 – $193.07
- Dividend Safety
- A · 90/100
- Ever Cut?
- No
Frequently Asked Questions
BDX Price — Last 12 Months
Daily close
Price Return
1 Year
+26%
3 Years
-9%
5 Years
-2%
52-Week Range
$127.59 – $193.07
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is BDX worth?
Overvaluedmedium confidenceOur blended fair-value estimate for Becton, Dickinson and Company is $155.06 per share, versus a market price of $184.74. That implies 16% of downside.
Fair Value
$155.06
Current Price
$184.74
Downside
-16%
Margin of Safety
-19%
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 4.9% annual free-cash-flow growth. We model 6.6% — below our estimate, leaving room for upside if the business executes.
Assumptions: 7.0% discount rate (CAPM), 6.6% stage-1 growth, 2.5% terminal growth, $5.78 EPS, $4.20 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
BDX Dividend Safety Score
Very 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
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Jun 9, 2026 | — | $1.0500 | regular |
| Mar 10, 2026 | — | $1.0500 | regular |
| Dec 8, 2025 | — | $0.8255 | regular |
| Sep 8, 2025 | — | $0.8176 | regular |
| Jun 9, 2025 | — | $0.8176 | regular |
| Mar 10, 2025 | — | $0.8176 | regular |
| Dec 9, 2024 | — | $0.8176 | regular |
| Sep 9, 2024 | — | $0.7469 | regular |
| Jun 10, 2024 | — | $0.7469 | regular |
| Mar 7, 2024 | — | $0.7469 | regular |
| Dec 7, 2023 | — | $0.7469 | regular |
| Sep 7, 2023 | — | $0.7154 | regular |
| Jun 8, 2023 | — | $0.7154 | regular |
| Mar 9, 2023 | — | $0.7154 | regular |
Income Calculator
At $4.20 / yr per share
