SmarterDividends
CPA

Copa Holdings, S.A.

CPA

Industrials · Airlines · Stock · quarterly payer

$132.92

Undervalued · +76% Add to Portfolio

Forward Yield

5.15%

Annual Dividend

$6.84

Payout Ratio

44%

5-Yr Growth

15.0%

Ex-Date

Aug 31, 2026

Frequency

Quarterly

Key facts about CPA's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 18, 2026, Copa Holdings, S.A. (CPA) has a forward dividend yield of 5.15%, based on an annual dividend of $6.84 per share and a share price of $132.92.
  • As of Oct 18, 2026, CPA's dividend safety grade from SmarterDividends is C (64 out of 100), which rates the dividend as borderline.
  • CPA last cut its regular dividend in 2019.
  • CPA's most recent ex-dividend date was Aug 31, 2026, for a dividend of $1.71 per share.
  • As of Oct 18, 2026, CPA pays out 44% of its trailing 12-month earnings as dividends (its payout ratio).
  • CPA's dividend has grown at an average rate of 15.0% a year over the past five years.
  • As of Oct 18, 2026, SmarterDividends' blended fair-value estimate for CPA is $234.12 per share, 76% above the $132.92 share price, so CPA screens as undervalued.
  • Copa Holdings, S.A. (CPA) pays its dividend quarterly, 4 times a year.
  • Copa Holdings, S.A. (CPA) has raised its regular dividend 11 times and cut it 4 times across the 50 payments on record since 2006. Its most recent change was a 6.2% increase to $1.71 per share, going ex-dividend on Feb 27, 2026. The last cut went ex-dividend on Feb 27, 2019.
Cite this page

SmarterDividends, "CPA Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 18, 2026, https://smarterdividends.com/stocks/CPA

Summary

As of Oct 18, 2026, Copa Holdings, S.A. (CPA) yields 5.15% ($6.84 a year per share) and has a dividend safety grade of C (64/100).

Is CPA a good dividend stock?

Yes, with caveats

Copa Holdings, S.A. (CPA) pays a quarterly dividend yielding 5.15% ($6.84/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 (44%)
  • Strong 15.0% 5-yr dividend growth
  • 90% total price return over 5 years

Risks

  • Cut its dividend in 2019

Key Data

Dividend Yield
5.15%
Payout Ratio
44%
Annual Dividend
$6.84
5-Yr Avg Growth
15.0%
Ex-Dividend Date
Aug 31, 2026
Years of Growth
0
Frequency
quarterly
Beta
1.03
Market Cap
$5.4B
P/E Ratio
8.7
5-Yr Total Return
90%
52-Week Range
$107.44 – $160.47
Dividend Safety
C · 64/100
Ever Cut?
Yes (2019)

CPA dividend raises and cuts

Copa Holdings, S.A. (CPA) has raised its regular dividend 11 times and cut it 4 times across the 50 payments on record since 2006. Its most recent change was a 6.2% increase to $1.71 per share, going ex-dividend on Feb 27, 2026. The last cut went ex-dividend on Feb 27, 2019.

Ex-dateChangeOld → newMove
Feb 27, 2026Raise$1.61 → $1.71+6.2%
Feb 28, 2024Raise$0.820 → $1.61+96.3%
Feb 27, 2020Raise$0.650 → $0.800+23.1%
Feb 27, 2019Cut$0.870 → $0.650−25.3%
Mar 2, 2018Raise$0.750 → $0.870+16.0%
Aug 29, 2017Raise$0.510 → $0.750+47.1%
Mar 1, 2016Cut$0.840 → $0.510−39.3%
Feb 25, 2015Cut$0.960 → $0.840−12.5%
Feb 26, 2014Raise$0.730 → $0.960+31.5%
Aug 28, 2013Cut$2.10 → $0.730−65.2%
May 29, 2012Raise$1.64 → $2.10+28.0%
May 26, 2011Raise$1.09 → $1.64+50.5%
Show all 15 changes since 2007
Ex-dateChangeOld → newMove
May 26, 2010Raise$0.370 → $1.09+194.6%
May 28, 2008Raise$0.310 → $0.370+19.4%
May 29, 2007Raise$0.190 → $0.310+63.2%
CPA ex-dividend date & scheduleNext ex-date Aug 31, 2026 · full ex-dividend historyView →CPA dividend historyEvery payment, totals by year, raises and cutsView →

Frequently Asked Questions

Is CPA a good dividend stock?

Yes, with caveats. Copa Holdings, S.A. (CPA) pays a quarterly dividend yielding 5.15% ($6.84/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.

Is CPA undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, CPA's fair value is about $234.12 versus a $132.92 share price — so it looks undervalued (+76% vs. fair value).

Is CPA's dividend safe?

CPA has a dividend-safety grade of C (64/100), based on its payout coverage, free-cash-flow, 0-year growth streak, a dividend cut in 2019, debt and yield-versus-history.

What is CPA's fair value?

Our blended fair-value estimate for CPA is about $234.12 per share, roughly 76% above the current $132.92 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is CPA a buy, hold, or sell?

We don't issue formal ratings, but on the data CPA screens as "yes, with caveats" and undervalued. Copa Holdings, S.A. (CPA) pays a quarterly dividend yielding 5.15% ($6.84/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. This is research for your own analysis, not investment advice.

Will CPA cut its dividend?

CPA earns a dividend-safety grade of C (64/100), and has cut its dividend before (last in 2019). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does CPA pay a dividend?

Yes. Copa Holdings, S.A. pays a quarterly dividend of about $6.84 per share annually, a forward yield of roughly 5.15%.

What is CPA's dividend yield?

As of Oct 18, 2026, CPA's forward dividend yield is 5.15%, based on a $6.84 annual dividend and a $132.92 share price.

What is CPA's dividend per share?

As of Oct 18, 2026, CPA pays $6.84 per share per year, distributed on a quarterly basis.

What is CPA's dividend payout ratio?

As of Oct 18, 2026, CPA's payout ratio is 44% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.

How many years has CPA grown its dividend?

CPA does not currently have a long dividend-growth streak on record.

When is the next CPA ex-dividend date?

As of Oct 18, 2026, CPA's next ex-dividend date hasn't been announced. The most recent was Aug 31, 2026, for $1.71 per share.