
Donaldson Company, Inc.
DCI30 yrs growthIndustrials · Specialty Industrial Machinery · Stock · quarterly payer
Forward Yield
1.42%
Annual Dividend
$1.24
Payout Ratio
32%
5-Yr Growth
6.9%
Ex-Date
Aug 17, 2026
Frequency
Quarterly
Key facts about DCI's dividend
Data as of · Source: SmarterDividends data
- As of Oct 14, 2026, Donaldson Company, Inc. (DCI) has a forward dividend yield of 1.42%, based on an annual dividend of $1.24 per share and a share price of $87.16.
- As of Oct 14, 2026, DCI's dividend safety grade from SmarterDividends is A (96 out of 100), which rates the dividend as very safe.
- By SmarterDividends' count, Donaldson Company, Inc. (DCI) has raised its dividend for 30 consecutive years as of Oct 14, 2026, which makes it a Dividend Aristocrat by the 25-year definition.
- DCI has never cut its regular dividend in the payment history SmarterDividends has on record.
- DCI's most recent ex-dividend date was Aug 17, 2026, for a dividend of $0.32 per share.
- As of Oct 14, 2026, DCI pays out 32% of its trailing 12-month earnings as dividends (its payout ratio).
- DCI's dividend has grown at an average rate of 6.9% a year over the past five years.
- As of Oct 14, 2026, SmarterDividends' blended fair-value estimate for DCI is $73.00 per share, 16% below the $87.16 share price, so DCI screens as overvalued.
- Donaldson Company, Inc. (DCI) pays its dividend quarterly, 4 times a year.
Cite this page
SmarterDividends, "DCI Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 14, 2026, https://smarterdividends.com/stocks/DCI
Summary
As of Oct 14, 2026, Donaldson Company, Inc. (DCI) yields 1.42% ($1.24 a year per share), has a dividend safety grade of A (96/100) and has 30 consecutive years of dividend increases on record.
Is DCI a good dividend stock?
YesDonaldson Company, Inc. (DCI) pays a quarterly dividend yielding 1.42% ($1.24/yr), with 30 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 — 30 consecutive years of growth
- Never cut its dividend on record
- Comfortable payout ratio (32%)
- Strong 6.9% 5-yr dividend growth
- 45% total price return over 5 years
- Top-tier dividend safety score
Risks
- Single-stock concentration risk — diversify
Key Data
- Dividend Yield
- 1.42%
- Payout Ratio
- 32%
- Annual Dividend
- $1.24
- 5-Yr Avg Growth
- 6.9%
- Ex-Dividend Date
- Aug 17, 2026
- Years of Growth
- 30
- Frequency
- quarterly
- Beta
- 0.87
- Market Cap
- $10.1B
- P/E Ratio
- 22.6
- 5-Yr Total Return
- 45%
- 52-Week Range
- $79.61 – $112.84
- Dividend Safety
- A · 96/100
- Ever Cut?
- No
Frequently Asked Questions
Is DCI a good dividend stock?
Yes. Donaldson Company, Inc. (DCI) pays a quarterly dividend yielding 1.42% ($1.24/yr), with 30 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Is DCI undervalued?
Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, DCI's fair value is about $73.00 versus a $87.16 share price — so it looks overvalued (-16% vs. fair value).
Is DCI's dividend safe?
DCI has a dividend-safety grade of A (96/100), based on its payout coverage, free-cash-flow, 30-year growth streak, a clean no-cut history, debt and yield-versus-history.
What is DCI's fair value?
Our blended fair-value estimate for DCI is about $73.00 per share, about 16% below the current $87.16 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.
Is DCI a buy, hold, or sell?
We don't issue formal ratings, but on the data DCI screens as "yes" and overvalued. Donaldson Company, Inc. (DCI) pays a quarterly dividend yielding 1.42% ($1.24/yr), with 30 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding. This is research for your own analysis, not investment advice.
Will DCI cut its dividend?
DCI earns a dividend-safety grade of A (96/100), with no dividend cut on record. A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.
Does DCI pay a dividend?
Yes. Donaldson Company, Inc. pays a quarterly dividend of about $1.24 per share annually, a forward yield of roughly 1.42%.
What is DCI's dividend yield?
As of Oct 14, 2026, DCI's forward dividend yield is 1.42%, based on a $1.24 annual dividend and a $87.16 share price.
What is DCI's dividend per share?
As of Oct 14, 2026, DCI pays $1.24 per share per year, distributed on a quarterly basis.
What is DCI's dividend payout ratio?
As of Oct 14, 2026, DCI's payout ratio is 32% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.
How many years has DCI grown its dividend?
As of Oct 14, 2026, DCI has increased its dividend for 30 consecutive years.
When is the next DCI ex-dividend date?
As of Oct 14, 2026, DCI's next ex-dividend date hasn't been announced. The most recent was Aug 17, 2026, for $0.32 per share.
DCI Price — Last 12 Months
Daily close
Price Return
1 Year
+3%
3 Years
+51%
5 Years
+45%
52-Week Range
$79.61 – $112.84
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is DCI worth?
Overvaluedmedium confidenceOur blended fair-value estimate for Donaldson Company, Inc. is $73.00 per share, versus a market price of $87.16. That implies 16% of downside.
Fair Value
$73.00
Current Price
$87.16
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 12.2% annual free-cash-flow growth. We model 11.9% — so the price already assumes faster growth than we think is likely.
Assumptions: 8.7% discount rate (CAPM), 11.9% growth for five years fading to 2.5% over the next five, $3.85 EPS, $1.24 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
DCI 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
Full DCI dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Aug 17, 2026 | Aug 31, 2026 | $0.3200 | regular |
| Jun 15, 2026 | Jun 30, 2026 | $0.3200 | regular |
| Feb 12, 2026 | Feb 27, 2026 | $0.3000 | regular |
| Dec 5, 2025 | Dec 22, 2025 | $0.3000 | regular |
| Aug 12, 2025 | Aug 27, 2025 | $0.3000 | regular |
| Jun 16, 2025 | Jun 30, 2025 | $0.3000 | regular |
| Feb 13, 2025 | Feb 28, 2025 | $0.2700 | regular |
| Dec 9, 2024 | Dec 23, 2024 | $0.2700 | regular |
| Aug 13, 2024 | Aug 28, 2024 | $0.2700 | regular |
| Jun 17, 2024 | Jun 28, 2024 | $0.2700 | regular |
| Feb 9, 2024 | Feb 28, 2024 | $0.2500 | regular |
| Dec 4, 2023 | Dec 20, 2023 | $0.2500 | regular |
| Aug 14, 2023 | Aug 30, 2023 | $0.2500 | regular |
| Jun 6, 2023 | Jun 23, 2023 | $0.2500 | regular |
Income Calculator
At $1.24 / yr per share
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