The Cheesecake Factory Incorporated
CAKEConsumer Cyclical · Stock · quarterly payer
Forward Yield
1.12%
Annual Dividend
$1.20
Payout Ratio
31%
5-Yr Growth
-5.6%
Ex-Date
Aug 11, 2026
Frequency
Quarterly
Summary
As of August 2026, The Cheesecake Factory Incorporated (CAKE) yields 1.12% ($1.20 per share annually), with a blended fair-value estimate of $130.23 — +22% upside, so it screens as undervalued. Dividend safety grade: C (58/100).
Is CAKE a good dividend stock?
Yes, with caveatsThe Cheesecake Factory Incorporated (CAKE) pays a quarterly dividend yielding 1.12% ($1.20/yr), with 0 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 (31%)
- 129% total price return over 5 years
Risks
- Cut its dividend in 2022
- Dividend has been shrinking, not growing
Key Data
- Dividend Yield
- 1.12%
- Payout Ratio
- 31%
- Annual Dividend
- $1.20
- 5-Yr Avg Growth
- -5.6%
- Ex-Dividend Date
- Aug 11, 2026
- Years of Growth
- 0
- Frequency
- quarterly
- Beta
- 1.00
- Market Cap
- $5.3B
- P/E Ratio
- 29.0
- 5-Yr Total Return
- 129%
- 52-Week Range
- $43.07 – $107.95
- Dividend Safety
- C · 58/100
- Ever Cut?
- Yes (2022)
Frequently Asked Questions
CAKE Price — Last 12 Months
Daily close
Price Return
1 Year
+74%
3 Years
+236%
5 Years
+129%
52-Week Range
$43.07 – $107.95
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is CAKE worth?
Undervaluedlow confidenceOur blended fair-value estimate for The Cheesecake Factory Incorporated is $130.23 per share, versus a market price of $107.05. That implies 22% of upside — a margin of safety of about 18%.
Fair Value
$130.23
Current Price
$107.05
Upside
+22%
Margin of Safety
18%
How we get there
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about 40.0% annual free-cash-flow growth. We model 18.7% — so the price already assumes faster growth than we think is likely.
Assumptions: 9.3% discount rate (CAPM), 18.7% stage-1 growth, 2.5% terminal growth, $3.69 EPS, $1.20 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
CAKE 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
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| May 13, 2026 | — | $0.3000 | regular |
| Mar 4, 2026 | — | $0.3000 | regular |
| Nov 10, 2025 | — | $0.2700 | regular |
| Aug 12, 2025 | — | $0.2700 | regular |
| May 14, 2025 | — | $0.2700 | regular |
| Mar 5, 2025 | — | $0.2700 | regular |
| Nov 13, 2024 | — | $0.2700 | regular |
| Aug 14, 2024 | — | $0.2700 | regular |
| May 21, 2024 | — | $0.2700 | regular |
| Mar 5, 2024 | — | $0.2700 | regular |
| Nov 14, 2023 | — | $0.2700 | regular |
| Aug 15, 2023 | — | $0.2700 | regular |
| May 23, 2023 | — | $0.2700 | regular |
| Mar 7, 2023 | — | $0.2700 | regular |
Income Calculator
At $1.20 / yr per share
