Danaher (DHR) Dividend
Danaher Corporation · Healthcare · Diagnostics & Research · quarterly payer
As of Nov 5, 2026, Danaher (DHR) pays a quarterly dividend of $0.40 per share, or $1.60 a year, a 0.68% yield at its $230.60 share price. It pays every quarter, usually in January, April, July and October. It has raised its dividend 12 years in a row and has a dividend safety grade of A.
Forward Yield
0.68%
Annual Dividend
$1.60
Payout Ratio
25%
5-Yr Growth
14.9%
Ex-Date
Sep 30, 2026
Frequency
Quarterly
Key facts about DHR's dividend
Data as of · Source: SmarterDividends data
- As of Nov 5, 2026, Danaher Corporation (DHR) has a forward dividend yield of 0.68%, based on an annual dividend of $1.60 per share and a share price of $230.60.
- As of Nov 5, 2026, DHR's dividend safety grade from SmarterDividends is A (90 out of 100), which rates the dividend as very safe.
- By SmarterDividends' count, Danaher Corporation (DHR) has raised its dividend for 12 consecutive years as of Nov 5, 2026.
- DHR last cut its regular dividend in 2003.
- DHR's most recent ex-dividend date was Sep 30, 2026, for a dividend of $0.40 per share.
- As of Nov 5, 2026, DHR pays out 25% of its trailing 12-month earnings as dividends (its payout ratio).
- DHR's dividend has grown at an average rate of 14.9% a year over the past five years.
- As of Nov 5, 2026, DHR's 0.68% yield is 57% above its five-year average yield of 0.43%.
- As of Nov 5, 2026, SmarterDividends' blended fair-value estimate for DHR is $170.57 per share, 26% below the $230.60 share price, so DHR screens as overvalued.
- Danaher Corporation (DHR) pays its dividend quarterly, 4 times a year.
- Danaher Corporation (DHR) has raised its regular dividend 26 times and cut it 2 times across the 136 payments on record since 1993. Its most recent change was a 25.0% increase to $0.400 per share, going ex-dividend on Mar 27, 2026. The last cut went ex-dividend on Sep 22, 1999.
- Danaher (DHR) has declared its first higher dividend of the year in February in 5 of the last 5 years; its most recent raise, 25.0%, was declared on Feb 24, 2026.
Cite this page
SmarterDividends, "DHR Dividend: Yield, Safety Grade & Next Ex-Date," updated Nov 5, 2026, https://smarterdividends.com/stocks/DHR
Is DHR a good dividend stock?
YesDanaher Corporation (DHR) pays a quarterly dividend yielding 0.68% ($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 (25%)
- 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
- 0.68%
- Payout Ratio
- 25%
- Annual Dividend
- $1.60
- 5-Yr Avg Growth
- 14.9%
- Ex-Dividend Date
- Sep 30, 2026
- Years of Growth
- 12
- Frequency
- quarterly
- Beta
- 0.80
- Market Cap
- $162.1B
- P/E Ratio
- 38.2
- 5-Yr Total Return
- -19%
- 52-Week Range
- $160.93 – $242.80
- Dividend Safety
- A · 90/100
- Ever Cut?
- Yes (2003)
DHR dividend raises and cuts
Danaher Corporation (DHR) has raised its regular dividend 26 times and cut it 2 times across the 136 payments on record since 1993. Its most recent change was a 25.0% increase to $0.400 per share, going ex-dividend on Mar 27, 2026. The last cut went ex-dividend on Sep 22, 1999.
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| Mar 27, 2026 | Raise | $0.320 → $0.400 | +25.0% |
| Mar 28, 2025 | Raise | $0.270 → $0.320 | +18.5% |
| Mar 27, 2024 | Raise | $0.240 → $0.270 | +12.5% |
| Dec 28, 2023 | Raise | $0.239 → $0.240 | +0.3% |
| Mar 30, 2023 | Raise | $0.222 → $0.239 | +8.0% |
| Mar 24, 2022 | Raise | $0.186 → $0.222 | +19.0% |
| Mar 25, 2021 | Raise | $0.160 → $0.186 | +16.7% |
| Mar 26, 2020 | Raise | $0.151 → $0.160 | +5.9% |
| Mar 28, 2019 | Raise | $0.142 → $0.151 | +6.2% |
| Mar 28, 2018 | Raise | $0.124 → $0.142 | +14.3% |
| Mar 29, 2017 | Raise | $0.111 → $0.124 | +12.0% |
| Sep 28, 2016 | Raise | $0.108 → $0.111 | +3.0% |
Show all 28 changes since 1994
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| Mar 22, 2016 | Raise | $0.0907 → $0.108 | +18.5% |
| Mar 25, 2015 | Raise | $0.0672 → $0.0907 | +35.0% |
| Mar 26, 2014 | Raise | $0.0168 → $0.0672 | +300.0% |
| Sep 28, 2011 | Raise | $0.0134 → $0.0168 | +25.0% |
| Dec 29, 2009 | Raise | $0.0101 → $0.0134 | +33.3% |
| Jun 27, 2007 | Raise | $0.0067 → $0.0101 | +50.0% |
| Sep 28, 2005 | Raise | $0.0050 → $0.0067 | +33.3% |
| Jun 23, 2004 | Raise | $0.0042 → $0.0050 | +20.0% |
| Sep 25, 2002 | Raise | $0.0034 → $0.0042 | +25.0% |
| Sep 27, 2000 | Raise | $0.0025 → $0.0034 | +33.4% |
| Sep 22, 1999 | Cut | $0.0027 → $0.0025 | −6.2% |
| Jun 23, 1999 | Raise | $0.0025 → $0.0027 | +6.7% |
| Sep 23, 1998 | Raise | $0.0020 → $0.0025 | +25.0% |
| Jun 24, 1998 | Cut | $0.0021 → $0.0020 | −4.0% |
| Sep 25, 1996 | Raise | $0.0017 → $0.0021 | +25.0% |
| Dec 12, 1994 | Raise | $0.0013 → $0.0017 | +33.3% |
Frequently Asked Questions
Is DHR a good dividend stock?
Yes. Danaher Corporation (DHR) pays a quarterly dividend yielding 0.68% ($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.
Is DHR undervalued?
Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, DHR's fair value is about $170.57 versus a $230.60 share price — so it looks overvalued (-26% vs. fair value).
Is DHR's dividend safe?
DHR has a dividend-safety grade of A (90/100), based on its payout coverage, free-cash-flow, 12-year growth streak, a dividend cut in 2003, debt and yield-versus-history.
What is DHR's fair value?
Our blended fair-value estimate for DHR is about $170.57 per share, about 26% below the current $230.60 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.
Is DHR a buy, hold, or sell?
We don't issue formal ratings, but on the data DHR screens as "yes" and overvalued. Danaher Corporation (DHR) pays a quarterly dividend yielding 0.68% ($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. This is research for your own analysis, not investment advice.
Will DHR cut its dividend?
DHR earns a dividend-safety grade of A (90/100), and has cut its dividend before (last in 2003). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.
Does DHR pay a dividend?
Yes. Danaher Corporation pays a quarterly dividend of about $1.60 per share annually, a forward yield of roughly 0.68%.
How much dividend does 100 shares of DHR pay?
At $1.60 per share a year, 100 shares of DHR pay $160.00 a year in dividends before tax, about $40.00 each quarter. Buying them costs about $23,060 at the Nov 5, 2026 price.
What is DHR's dividend yield?
As of Nov 5, 2026, DHR's forward dividend yield is 0.68%, based on a $1.60 annual dividend and a $230.60 share price.
What is DHR's dividend per share?
As of Nov 5, 2026, DHR pays $1.60 per share per year, distributed on a quarterly basis.
What is DHR's dividend payout ratio?
As of Nov 5, 2026, DHR's payout ratio is 25% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.
How many years has DHR grown its dividend?
As of Nov 5, 2026, DHR has increased its dividend for 12 consecutive years.
When is the next DHR ex-dividend date?
As of Nov 5, 2026, DHR's next ex-dividend date hasn't been announced. The most recent was Sep 30, 2026, for $0.40 per share.
DHR Price — Last 12 Months
Daily close
Price Return
1 Year
+2%
3 Years
+4%
5 Years
-19%
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 $170.57 per share, versus a market price of $230.60. That implies 26% of downside.
Fair Value
$170.57
Current Price
$230.60
Downside
-26%
Margin of Safety
-35%
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 14.0% annual free-cash-flow growth. We model 9.9% — so the price already assumes faster growth than we think is likely.
Assumptions: 8.3% discount rate (CAPM), 9.9% growth for five years fading to 2.5% over the next five, $6.04 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
Full DHR dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Sep 30, 2026 | Oct 30, 2026 | $0.4000 | regular |
| Jun 26, 2026 | Jul 31, 2026 | $0.4000 | regular |
| Mar 27, 2026 | Apr 24, 2026 | $0.4000 | regular |
| Dec 26, 2025 | Jan 30, 2026 | $0.3200 | regular |
| Sep 26, 2025 | Oct 31, 2025 | $0.3200 | regular |
| Jun 27, 2025 | Jul 25, 2025 | $0.3200 | regular |
| Mar 28, 2025 | Apr 25, 2025 | $0.3200 | regular |
| Dec 27, 2024 | Jan 31, 2025 | $0.2700 | regular |
| Sep 27, 2024 | Oct 25, 2024 | $0.2700 | regular |
| Jun 28, 2024 | Jul 26, 2024 | $0.2700 | regular |
| Mar 27, 2024 | Apr 26, 2024 | $0.2700 | regular |
| Dec 28, 2023 | Jan 26, 2024 | $0.2400 | regular |
| Oct 11, 2023 | Oct 27, 2023 | $0.2700 | regular |
| Jun 29, 2023 | Jul 28, 2023 | $0.2394 | regular |
Income Calculator
At $1.60 / yr per share
Similar Dividend Stocks
Compare DHR
Explore more
Lists and tools related to DHR
- Does Danaher pay dividends? →
- Companies that raise dividends in February →
- Stocks that pay dividends in January →
- Safest dividend stocks →
- Healthcare dividend stocks →
- DHR dividend calculator →
- DHR DRIP calculator →
- DHR: last day to buy for the dividend →
- Embed DHR dividend data on your site →
- Dividend increases & cuts this week →
- Dividend calendar →
- Dividend calculator →
- Dividend income calculator →
- DRIP calculator →
- Latest dividend cuts →
- Dividend cuts this month (research note) →
- Dividend increases this month (research note) →
- Safety score track record →
- Dividend screener →
- Dividend history lookup →
- Guide: what is a good dividend yield? →
- Guide: how to value a dividend stock →