Cencora, Inc.
CORHealthcare · Stock · quarterly payer
Forward Yield
0.78%
Annual Dividend
$2.40
Payout Ratio
17%
5-Yr Growth
-7.3%
Ex-Date
Aug 14, 2026
Frequency
Quarterly
Summary
As of September 2026, Cencora, Inc. (COR) yields 0.78% ($2.40 per share annually), with a blended fair-value estimate of $432.60 — +40% upside, so it screens as undervalued. Dividend safety grade: A (91/100). 3 years of dividend growth.
Is COR a good dividend stock?
YesCencora, Inc. (COR) pays a quarterly dividend yielding 0.78% ($2.40/yr), with 3 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
- Never cut its dividend on record
- Comfortable payout ratio (17%)
- 153% total price return over 5 years
- Top-tier dividend safety score
Risks
- Dividend has been shrinking, not growing
Key Data
- Dividend Yield
- 0.78%
- Payout Ratio
- 17%
- Annual Dividend
- $2.40
- 5-Yr Avg Growth
- -7.3%
- Ex-Dividend Date
- Aug 14, 2026
- Years of Growth
- 3
- Frequency
- quarterly
- Beta
- 0.57
- Market Cap
- $58.9B
- P/E Ratio
- 22.9
- 5-Yr Total Return
- 153%
- 52-Week Range
- $244.82 – $377.54
- Dividend Safety
- A · 91/100
- Ever Cut?
- No
Frequently Asked Questions
COR Price — Last 12 Months
Daily close
Price Return
1 Year
-9%
3 Years
+67%
5 Years
+153%
52-Week Range
$244.82 – $377.54
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is COR worth?
Undervaluedmedium confidenceOur blended fair-value estimate for Cencora, Inc. is $432.60 per share, versus a market price of $308.78. That implies 40% of upside — a margin of safety of about 29%.
Fair Value
$432.60
Current Price
$308.78
Upside
+40%
Margin of Safety
29%
How we get there
Discounted cash flow
Discounts projected free cash flow 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 2.5% annual free-cash-flow growth. We model 10.7% — below our estimate, leaving room for upside if the business executes.
Assumptions: 7.2% discount rate (CAPM), 10.7% stage-1 growth, 2.5% terminal growth, $13.46 EPS, $2.40 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
COR 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 |
|---|---|---|---|
| Aug 14, 2026 | — | $0.6000 | regular |
| May 15, 2026 | — | $0.6000 | regular |
| Feb 13, 2026 | — | $0.6000 | regular |
| Nov 14, 2025 | — | $0.6000 | regular |
| Aug 15, 2025 | — | $0.5500 | regular |
| May 16, 2025 | — | $0.5500 | regular |
| Feb 14, 2025 | — | $0.5500 | regular |
| Nov 15, 2024 | — | $0.5500 | regular |
| Aug 9, 2024 | — | $0.5100 | regular |
| May 9, 2024 | — | $0.5100 | regular |
| Feb 8, 2024 | — | $0.5100 | regular |
| Nov 10, 2023 | — | $0.5100 | regular |
| Aug 10, 2023 | — | $0.4850 | regular |
| May 11, 2023 | — | $0.4850 | regular |
Income Calculator
At $2.40 / yr per share
