Danaher Corporation
DHRHealthcare · Stock · quarterly payer
Forward Yield
0.84%
Annual Dividend
$1.60
Payout Ratio
26%
5-Yr Growth
14.9%
Ex-Date
Jun 26, 2026
Frequency
Quarterly
Summary
As of July 2026, Danaher Corporation (DHR) yields 0.84% ($1.60 per share annually), with a blended fair-value estimate of $148.98 — -22% downside, so it screens as overvalued. Dividend safety grade: A (88/100). 12 years of dividend growth.
Is DHR a good dividend stock?
YesDanaher Corporation (DHR) pays a quarterly dividend yielding 0.84% ($1.60/yr), with 12 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
- 12 consecutive years of dividend growth
- Comfortable payout ratio (26%)
- Strong 14.9% 5-yr dividend growth
- Top-tier dividend safety score
Risks
- Cut its dividend in 2003
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 0.84%
- Payout Ratio
- 26%
- Annual Dividend
- $1.60
- 5-Yr Avg Growth
- 14.9%
- Ex-Dividend Date
- Jun 26, 2026
- Years of Growth
- 12
- Frequency
- quarterly
- Beta
- 0.82
- Market Cap
- $134.6B
- P/E Ratio
- 34.1
- 5-Yr Total Return
- -33%
- 52-Week Range
- $160.93 – $242.80
- Dividend Safety
- A · 88/100
- Ever Cut?
- Yes (2003)
Frequently Asked Questions
DHR Price — Last 12 Months
Daily close
Price Return
1 Year
-7%
3 Years
-18%
5 Years
-33%
52-Week Range
$160.93 – $242.80
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is DHR worth?
Overvaluedmedium confidenceOur blended fair-value estimate for Danaher Corporation is $148.98 per share, versus a market price of $191.50. That implies 22% of downside.
Fair Value
$148.98
Current Price
$191.50
Downside
-22%
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 14.8% annual free-cash-flow growth. We model 9.9% — so the price already assumes faster growth than we think is likely.
Assumptions: 8.4% discount rate (CAPM), 9.9% stage-1 growth, 2.5% terminal growth, $5.61 EPS, $1.60 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
DHR 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 |
|---|---|---|---|
| Jun 26, 2026 | — | $0.4000 | regular |
| Mar 27, 2026 | — | $0.4000 | regular |
| Dec 26, 2025 | — | $0.3200 | regular |
| Sep 26, 2025 | — | $0.3200 | regular |
| Jun 27, 2025 | — | $0.3200 | regular |
| Mar 28, 2025 | — | $0.3200 | regular |
| Dec 27, 2024 | — | $0.2700 | regular |
| Sep 27, 2024 | — | $0.2700 | regular |
| Jun 28, 2024 | — | $0.2700 | regular |
| Mar 27, 2024 | — | $0.2700 | regular |
| Dec 28, 2023 | — | $0.2400 | regular |
| Oct 11, 2023 | — | $0.2700 | regular |
| Jun 29, 2023 | — | $0.2394 | regular |
| Mar 30, 2023 | — | $0.2394 | regular |
Income Calculator
At $1.60 / yr per share
