Quest Diagnostics Incorporated
DGXHealthcare · Stock · quarterly payer
Forward Yield
1.64%
Annual Dividend
$3.44
Payout Ratio
36%
5-Yr Growth
7.3%
Ex-Date
Jul 8, 2026
Frequency
Quarterly
Summary
As of July 2026, Quest Diagnostics Incorporated (DGX) yields 1.64% ($3.44 per share annually), with a blended fair-value estimate of $184.09 — -19% downside, so it screens as overvalued. Dividend safety grade: A (94/100). 14 years of dividend growth.
Is DGX a good dividend stock?
YesQuest Diagnostics Incorporated (DGX) pays a quarterly dividend yielding 1.64% ($3.44/yr), with 14 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
- 14 consecutive years of dividend growth
- Never cut its dividend on record
- Comfortable payout ratio (36%)
- Strong 7.3% 5-yr dividend growth
- 49% total price return over 5 years
- Top-tier dividend safety score
Risks
- Single-stock concentration risk — diversify
Key Data
- Dividend Yield
- 1.64%
- Payout Ratio
- 36%
- Annual Dividend
- $3.44
- 5-Yr Avg Growth
- 7.3%
- Ex-Dividend Date
- Jul 8, 2026
- Years of Growth
- 14
- Frequency
- quarterly
- Beta
- 0.57
- Market Cap
- $25.1B
- P/E Ratio
- 24.2
- 5-Yr Total Return
- 49%
- 52-Week Range
- $165.78 – $237.78
- Dividend Safety
- A · 94/100
- Ever Cut?
- No
Frequently Asked Questions
DGX Price — Last 12 Months
Daily close
Price Return
1 Year
+25%
3 Years
+73%
5 Years
+49%
52-Week Range
$165.78 – $237.78
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is DGX worth?
Overvaluedmedium confidenceOur blended fair-value estimate for Quest Diagnostics Incorporated is $184.09 per share, versus a market price of $227.86. That implies 19% of downside.
Fair Value
$184.09
Current Price
$227.86
Downside
-19%
Margin of Safety
-24%
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 9.5% annual free-cash-flow growth. We model 8.7% — so the price already assumes faster growth than we think is likely.
Assumptions: 7.2% discount rate (CAPM), 8.7% stage-1 growth, 2.5% terminal growth, $9.41 EPS, $3.44 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
DGX 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 |
|---|---|---|---|
| Jul 8, 2026 | — | $0.8600 | regular |
| Apr 6, 2026 | — | $0.8600 | regular |
| Jan 13, 2026 | — | $0.8000 | regular |
| Oct 3, 2025 | — | $0.8000 | regular |
| Jul 7, 2025 | — | $0.8000 | regular |
| Apr 7, 2025 | — | $0.8000 | regular |
| Jan 14, 2025 | — | $0.7500 | regular |
| Oct 4, 2024 | — | $0.7500 | regular |
| Jul 8, 2024 | — | $0.7500 | regular |
| Apr 5, 2024 | — | $0.7500 | regular |
| Jan 16, 2024 | — | $0.7100 | regular |
| Oct 5, 2023 | — | $0.7100 | regular |
| Jul 10, 2023 | — | $0.7100 | regular |
| Apr 6, 2023 | — | $0.7100 | regular |
Income Calculator
At $3.44 / yr per share
