
Dow Inc.
DOWBasic Materials · Chemicals · Stock · quarterly payer
Forward Yield
4.12%
Annual Dividend
$1.40
Payout Ratio
700%
5-Yr Growth
-5.6%
Ex-Date
Nov 30, 2026
Frequency
Quarterly
Key facts about DOW's dividend
Data as of · Source: SmarterDividends data
- As of Oct 27, 2026, Dow Inc. (DOW) has a forward dividend yield of 4.12%, based on an annual dividend of $1.40 per share and a share price of $33.99.
- As of Oct 27, 2026, DOW's dividend safety grade from SmarterDividends is D (46 out of 100), which rates the dividend as unsafe.
- DOW last cut its regular dividend in 2025.
- DOW's next ex-dividend date is Nov 30, 2026, with payment on Dec 11, 2026. Shares must be owned before that date to receive the dividend.
- DOW's dividend has shrunk at an average rate of 5.6% a year over the past five years.
- As of Oct 27, 2026, DOW's 4.12% yield is 26% below its five-year average yield of 5.54%.
- As of Oct 27, 2026, SmarterDividends' blended fair-value estimate for DOW is $57.24 per share, 68% above the $33.99 share price, so DOW screens as undervalued.
- Dow Inc. (DOW) pays its dividend quarterly, 4 times a year.
- Dow Inc. (DOW) has raised its regular dividend 0 times and cut it 1 time across the 30 payments on record since 2019. Its most recent change was a 50.0% cut to $0.350 per share, going ex-dividend on Aug 29, 2025.
Cite this page
SmarterDividends, "DOW Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 27, 2026, https://smarterdividends.com/stocks/DOW
Summary
As of Oct 27, 2026, Dow Inc. (DOW) yields 4.12% ($1.40 a year per share) and has a dividend safety grade of D (46/100).
Is DOW a good dividend stock?
MixedDow Inc. (DOW) pays a quarterly dividend yielding 4.12% ($1.40/yr), with 0 years of growth and a dividend-safety grade of D. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.
Advantages
Risks
- Cut its dividend in 2025
- Elevated payout ratio (700%)
- Dividend has been shrinking, not growing
- Share price is down over the past 5 years
- Below-average dividend safety score
Key Data
- Dividend Yield
- 4.12%
- Payout Ratio
- 700%
- Annual Dividend
- $1.40
- 5-Yr Avg Growth
- -5.6%
- Ex-Dividend Date
- Nov 30, 2026
- Years of Growth
- 0
- Frequency
- quarterly
- Beta
- 0.41
- Market Cap
- $24.6B
- P/E Ratio
- —
- 5-Yr Total Return
- -41%
- 52-Week Range
- $20.93 – $42.74
- Dividend Safety
- D · 46/100
- Ever Cut?
- Yes (2025)
DOW dividend raises and cuts
Dow Inc. (DOW) has raised its regular dividend 0 times and cut it 1 time across the 30 payments on record since 2019. Its most recent change was a 50.0% cut to $0.350 per share, going ex-dividend on Aug 29, 2025.
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| Aug 29, 2025 | Cut | $0.700 → $0.350 | −50.0% |
Frequently Asked Questions
Is DOW a good dividend stock?
Mixed. Dow Inc. (DOW) pays a quarterly dividend yielding 4.12% ($1.40/yr), with 0 years of growth and a dividend-safety grade of D. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.
Is DOW undervalued?
Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, DOW's fair value is about $57.24 versus a $33.99 share price — so it looks undervalued (+68% vs. fair value).
Is DOW's dividend safe?
DOW has a dividend-safety grade of D (46/100), based on its payout coverage, free-cash-flow, 0-year growth streak, a dividend cut in 2025, debt and yield-versus-history.
What is DOW's fair value?
Our blended fair-value estimate for DOW is about $57.24 per share, roughly 68% above the current $33.99 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.
Is DOW a buy, hold, or sell?
We don't issue formal ratings, but on the data DOW screens as "mixed" and undervalued. Dow Inc. (DOW) pays a quarterly dividend yielding 4.12% ($1.40/yr), with 0 years of growth and a dividend-safety grade of D. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal. This is research for your own analysis, not investment advice.
Will DOW cut its dividend?
DOW earns a dividend-safety grade of D (46/100), and has cut its dividend before (last in 2025). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.
Does DOW pay a dividend?
Yes. Dow Inc. pays a quarterly dividend of about $1.40 per share annually, a forward yield of roughly 4.12%.
What is DOW's dividend yield?
As of Oct 27, 2026, DOW's forward dividend yield is 4.12%, based on a $1.40 annual dividend and a $33.99 share price.
What is DOW's dividend per share?
As of Oct 27, 2026, DOW pays $1.40 per share per year, distributed on a quarterly basis.
What is DOW's dividend payout ratio?
As of Oct 27, 2026, DOW's payout ratio is 700% of trailing 12-month earnings — an elevated level worth watching, as it leaves less cushion if earnings dip.
How many years has DOW grown its dividend?
DOW does not currently have a long dividend-growth streak on record.
When is the next DOW ex-dividend date?
As of Oct 27, 2026, the next ex-dividend date on record for DOW is Nov 30, 2026.
DOW Price — Last 12 Months
Daily close
Price Return
1 Year
+37%
3 Years
-37%
5 Years
-41%
52-Week Range
$20.93 – $42.74
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is DOW worth?
Undervaluedlow confidenceOur blended fair-value estimate for Dow Inc. is $57.24 per share, versus a market price of $33.99. That implies 68% of upside — a margin of safety of about 41%.
Fair Value
$57.24
Current Price
$33.99
Upside
+68%
Margin of Safety
41%
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.
At today's price, the market is pricing in about -10.0% annual free-cash-flow growth. We model 0.0% — below our estimate, leaving room for upside if the business executes.
Assumptions: 8.0% discount rate (CAPM), 0.0% growth for five years fading to 2.5% over the next five, -$1.29 EPS, $1.40 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
DOW Dividend Safety Score
Risky
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 DOW dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Aug 31, 2026 | Sep 11, 2026 | $0.3500 | regular |
| May 29, 2026 | Jun 12, 2026 | $0.3500 | regular |
| Feb 27, 2026 | Mar 13, 2026 | $0.3500 | regular |
| Nov 28, 2025 | Dec 12, 2025 | $0.3500 | regular |
| Aug 29, 2025 | Sep 12, 2025 | $0.3500 | regular |
| May 30, 2025 | Jun 13, 2025 | $0.7000 | regular |
| Feb 28, 2025 | Mar 14, 2025 | $0.7000 | regular |
| Nov 29, 2024 | Dec 13, 2024 | $0.7000 | regular |
| Aug 30, 2024 | Sep 13, 2024 | $0.7000 | regular |
| May 31, 2024 | Jun 14, 2024 | $0.7000 | regular |
| Feb 28, 2024 | Mar 8, 2024 | $0.7000 | regular |
| Nov 29, 2023 | Dec 8, 2023 | $0.7000 | regular |
| Aug 30, 2023 | Sep 8, 2023 | $0.7000 | regular |
| May 30, 2023 | Jun 9, 2023 | $0.7000 | regular |
Income Calculator
At $1.40 / yr per share
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