SmarterDividends
DLB

Dolby Laboratories, Inc.

DLB

Industrials · Specialty Business Services · Stock · quarterly payer

$59.95

Undervalued · +41% Add to Portfolio

Forward Yield

2.40%

Annual Dividend

$1.44

Payout Ratio

60%

5-Yr Growth

8.9%

Ex-Date

Aug 11, 2026

Frequency

Quarterly

Key facts about DLB's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 18, 2026, Dolby Laboratories, Inc. (DLB) has a forward dividend yield of 2.40%, based on an annual dividend of $1.44 per share and a share price of $59.95.
  • As of Oct 18, 2026, DLB's dividend safety grade from SmarterDividends is B (79 out of 100), which rates the dividend as safe.
  • By SmarterDividends' count, Dolby Laboratories, Inc. (DLB) has raised its dividend for 11 consecutive years as of Oct 18, 2026.
  • DLB has never cut its regular dividend in the payment history SmarterDividends has on record.
  • DLB's most recent ex-dividend date was Aug 11, 2026, for a dividend of $0.36 per share.
  • As of Oct 18, 2026, DLB pays out 60% of its trailing 12-month earnings as dividends (its payout ratio).
  • DLB's dividend has grown at an average rate of 8.9% a year over the past five years.
  • As of Oct 18, 2026, DLB's 2.40% yield is 70% above its five-year average yield of 1.41%.
  • As of Oct 18, 2026, SmarterDividends' blended fair-value estimate for DLB is $84.65 per share, 41% above the $59.95 share price, so DLB screens as undervalued.
  • Dolby Laboratories, Inc. (DLB) pays its dividend quarterly, 4 times a year.
  • Dolby Laboratories, Inc. (DLB) has raised its regular dividend 10 times and cut it 0 times across the 49 payments on record since 2012. Its most recent change was a 9.1% increase to $0.360 per share, going ex-dividend on Dec 2, 2025.
Cite this page

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

Summary

As of Oct 18, 2026, Dolby Laboratories, Inc. (DLB) yields 2.40% ($1.44 a year per share), has a dividend safety grade of B (79/100) and has 11 consecutive years of dividend increases on record.

Is DLB a good dividend stock?

Yes

Dolby Laboratories, Inc. (DLB) pays a quarterly dividend yielding 2.40% ($1.44/yr), with 11 years of growth and a dividend-safety grade of B. It scores well across payout coverage, growth history and safety — a dependable income holding.

Advantages

  • 11 consecutive years of dividend growth
  • Never cut its dividend on record
  • Comfortable payout ratio (60%)
  • Strong 8.9% 5-yr dividend growth

Risks

  • Share price is down over the past 5 years

Key Data

Dividend Yield
2.40%
Payout Ratio
60%
Annual Dividend
$1.44
5-Yr Avg Growth
8.9%
Ex-Dividend Date
Aug 11, 2026
Years of Growth
11
Frequency
quarterly
Beta
0.78
Market Cap
$5.6B
P/E Ratio
25.5
5-Yr Total Return
-28%
52-Week Range
$48.26 – $69.95
Dividend Safety
B · 79/100
Ever Cut?
No

DLB dividend raises and cuts

Dolby Laboratories, Inc. (DLB) has raised its regular dividend 10 times and cut it 0 times across the 49 payments on record since 2012. Its most recent change was a 9.1% increase to $0.360 per share, going ex-dividend on Dec 2, 2025.

Ex-dateChangeOld → newMove
Dec 2, 2025Raise$0.330 → $0.360+9.1%
Dec 3, 2024Raise$0.300 → $0.330+10.0%
Nov 27, 2023Raise$0.270 → $0.300+11.1%
Nov 29, 2022Raise$0.250 → $0.270+8.0%
Nov 29, 2021Raise$0.220 → $0.250+13.6%
Nov 25, 2019Raise$0.190 → $0.220+15.8%
Nov 2, 2018Raise$0.160 → $0.190+18.8%
Nov 3, 2017Raise$0.140 → $0.160+14.3%
Nov 3, 2016Raise$0.120 → $0.140+16.7%
Oct 29, 2015Raise$0.100 → $0.120+20.0%
Every DLB payment →Download every raise and cut (CSV)
DLB ex-dividend date & scheduleNext ex-date Aug 11, 2026 · full ex-dividend historyView →DLB dividend historyEvery payment, totals by year, raises and cutsView →

Frequently Asked Questions

Is DLB a good dividend stock?

Yes. Dolby Laboratories, Inc. (DLB) pays a quarterly dividend yielding 2.40% ($1.44/yr), with 11 years of growth and a dividend-safety grade of B. It scores well across payout coverage, growth history and safety — a dependable income holding.

Is DLB undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, DLB's fair value is about $84.65 versus a $59.95 share price — so it looks undervalued (+41% vs. fair value).

Is DLB's dividend safe?

DLB has a dividend-safety grade of B (79/100), based on its payout coverage, free-cash-flow, 11-year growth streak, a clean no-cut history, debt and yield-versus-history.

What is DLB's fair value?

Our blended fair-value estimate for DLB is about $84.65 per share, roughly 41% above the current $59.95 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is DLB a buy, hold, or sell?

We don't issue formal ratings, but on the data DLB screens as "yes" and undervalued. Dolby Laboratories, Inc. (DLB) pays a quarterly dividend yielding 2.40% ($1.44/yr), with 11 years of growth and a dividend-safety grade of B. 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 DLB cut its dividend?

DLB earns a dividend-safety grade of B (79/100), 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 DLB pay a dividend?

Yes. Dolby Laboratories, Inc. pays a quarterly dividend of about $1.44 per share annually, a forward yield of roughly 2.40%.

What is DLB's dividend yield?

As of Oct 18, 2026, DLB's forward dividend yield is 2.40%, based on a $1.44 annual dividend and a $59.95 share price.

What is DLB's dividend per share?

As of Oct 18, 2026, DLB pays $1.44 per share per year, distributed on a quarterly basis.

What is DLB's dividend payout ratio?

As of Oct 18, 2026, DLB's payout ratio is 60% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.

How many years has DLB grown its dividend?

As of Oct 18, 2026, DLB has increased its dividend for 11 consecutive years.

When is the next DLB ex-dividend date?

As of Oct 18, 2026, DLB's next ex-dividend date hasn't been announced. The most recent was Aug 11, 2026, for $0.36 per share.

Income Calculator

At $1.44 / yr per share

Per payment (quarterly)$36.00
Annual$144.00
Monthly avg$12.00

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