SmarterDividends
CALM

Cal-Maine Foods, Inc.

CALM

Consumer Defensive · Farm Products · Stock · quarterly payer

$62.32

Overvalued · -15% Add to Portfolio

Forward Yield

3.93%

Annual Dividend

$2.45

Payout Ratio

199%

5-Yr Growth

—

Ex-Date

Apr 29, 2026

Frequency

Quarterly

Key facts about CALM's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 27, 2026, Cal-Maine Foods, Inc. (CALM) has a forward dividend yield of 3.93%, based on an annual dividend of $2.45 per share and a share price of $62.32.
  • As of Oct 27, 2026, CALM's dividend safety grade from SmarterDividends is F (31 out of 100), which rates the dividend as very unsafe.
  • By SmarterDividends' count, Cal-Maine Foods, Inc. (CALM) has raised its dividend for 4 consecutive years as of Oct 27, 2026.
  • CALM last cut its regular dividend in 2023.
  • CALM's most recent ex-dividend date was Apr 29, 2026, for a dividend of $0.36 per share.
  • As of Oct 27, 2026, CALM pays out 199% of its trailing 12-month earnings as dividends (its payout ratio).
  • As of Oct 27, 2026, CALM's 3.93% yield is 22% below its five-year average yield of 5.01%.
  • As of Oct 27, 2026, SmarterDividends' blended fair-value estimate for CALM is $52.95 per share, 15% below the $62.32 share price, so CALM screens as overvalued.
  • Cal-Maine Foods, Inc. (CALM) pays its dividend quarterly, 4 times a year.
Cite this page

SmarterDividends, "CALM Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 27, 2026, https://smarterdividends.com/stocks/CALM

Summary

As of Oct 27, 2026, Cal-Maine Foods, Inc. (CALM) yields 3.93% ($2.45 a year per share), has a dividend safety grade of F (31/100) and has 4 consecutive years of dividend increases on record.

Is CALM a good dividend stock?

Higher risk

Cal-Maine Foods, Inc. (CALM) pays a quarterly dividend yielding 3.93% ($2.45/yr), with 4 years of growth and a dividend-safety grade of F. Treat the dividend with caution — recent cuts, a stretched payout or a falling price raise the risk.

Advantages

  • 74% total price return over 5 years

Risks

  • Cut its dividend in 2023
  • Elevated payout ratio (199%)
  • Below-average dividend safety score

Key Data

Dividend Yield
3.93%
Payout Ratio
199%
Annual Dividend
$2.45
5-Yr Avg Growth
—
Ex-Dividend Date
Apr 29, 2026
Years of Growth
4
Frequency
quarterly
Beta
0.23
Market Cap
$2.9B
P/E Ratio
50.7
5-Yr Total Return
74%
52-Week Range
$60.13 – $95.25
Dividend Safety
F · 31/100
Ever Cut?
Yes (2023)

CALM dividend changes

Cal-Maine Foods, Inc. (CALM) pays a variable dividend: across the 92 payments on record since 1998, 24 were higher than the one before and 7 lower. The latest change was down 50.6% to $0.355 per share, going ex-dividend on Apr 29, 2026.

Ex-dateChangeOld → newMove
Apr 29, 2026Lower$0.719 → $0.355−50.6%
Jan 28, 2026Lower$1.49 → $0.719−51.7%
Jan 29, 2025Higher$1.02 → $1.49+46.1%
Oct 30, 2024Higher$0.770 → $1.02+32.3%
Aug 5, 2024Higher$0.116 → $0.770+563.8%
Jan 30, 2024Higher$0.0060 → $0.116+1833.3%
Oct 31, 2023Lower$1.35 → $0.0060−99.6%
Jan 24, 2023Higher$0.853 → $1.35+58.4%
Oct 25, 2022Higher$0.749 → $0.853+13.9%
Jul 29, 2022Higher$0.125 → $0.749+499.2%
Apr 26, 2022Higher$0.0340 → $0.125+267.6%
Apr 27, 2021Lower$0.272 → $0.0340−87.5%
Every CALM payment →Download every raise and cut (CSV)
CALM ex-dividend date & scheduleNext ex-date Apr 29, 2026 · full ex-dividend historyView →CALM dividend historyEvery payment, totals by year, raises and cutsView →

Frequently Asked Questions

Is CALM a good dividend stock?

Higher risk. Cal-Maine Foods, Inc. (CALM) pays a quarterly dividend yielding 3.93% ($2.45/yr), with 4 years of growth and a dividend-safety grade of F. Treat the dividend with caution — recent cuts, a stretched payout or a falling price raise the risk.

Is CALM undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, CALM's fair value is about $52.95 versus a $62.32 share price — so it looks overvalued (-15% vs. fair value).

Is CALM's dividend safe?

CALM has a dividend-safety grade of F (31/100), based on its payout coverage, free-cash-flow, 4-year growth streak, a dividend cut in 2023, debt and yield-versus-history.

What is CALM's fair value?

Our blended fair-value estimate for CALM is about $52.95 per share, about 15% below the current $62.32 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is CALM a buy, hold, or sell?

We don't issue formal ratings, but on the data CALM screens as "higher risk" and overvalued. Cal-Maine Foods, Inc. (CALM) pays a quarterly dividend yielding 3.93% ($2.45/yr), with 4 years of growth and a dividend-safety grade of F. Treat the dividend with caution — recent cuts, a stretched payout or a falling price raise the risk. This is research for your own analysis, not investment advice.

Will CALM cut its dividend?

CALM earns a dividend-safety grade of F (31/100), and has cut its dividend before (last in 2023). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does CALM pay a dividend?

Yes. Cal-Maine Foods, Inc. pays a quarterly dividend of about $2.45 per share annually, a forward yield of roughly 3.93%.

What is CALM's dividend yield?

As of Oct 27, 2026, CALM's forward dividend yield is 3.93%, based on a $2.45 annual dividend and a $62.32 share price.

What is CALM's dividend per share?

As of Oct 27, 2026, CALM pays $2.45 per share per year, distributed on a quarterly basis.

What is CALM's dividend payout ratio?

As of Oct 27, 2026, CALM's payout ratio is 199% of trailing 12-month earnings — an elevated level worth watching, as it leaves less cushion if earnings dip.

How many years has CALM grown its dividend?

As of Oct 27, 2026, CALM has increased its dividend for 4 consecutive years.

When is the next CALM ex-dividend date?

As of Oct 27, 2026, CALM's next ex-dividend date hasn't been announced. The most recent was Apr 29, 2026, for $0.36 per share.

Income Calculator

At $2.45 / yr per share

Per payment (quarterly)$61.25
Annual$245.00
Monthly avg$20.42

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