Espey Mfg. & Electronics Corp.
ESPIndustrials · Stock · quarterly payer
Forward Yield
1.57%
Annual Dividend
$1.00
Payout Ratio
26%
5-Yr Growth
0.0%
Ex-Date
Sep 18, 2026
Frequency
Quarterly
Summary
As of September 2026, Espey Mfg. & Electronics Corp. (ESP) yields 1.57% ($1.00 per share annually), with a blended fair-value estimate of $36.60 — -43% downside, so it screens as overvalued. Dividend safety grade: C (65/100). 2 years of dividend growth.
Is ESP a good dividend stock?
Yes, with caveatsEspey Mfg. & Electronics Corp. (ESP) pays a quarterly dividend yielding 1.57% ($1.00/yr), with 2 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.
Advantages
- Comfortable payout ratio (26%)
- 338% total price return over 5 years
Risks
- Cut its dividend in 2023
Key Data
- Dividend Yield
- 1.57%
- Payout Ratio
- 26%
- Annual Dividend
- $1.00
- 5-Yr Avg Growth
- 0.0%
- Ex-Dividend Date
- Sep 18, 2026
- Years of Growth
- 2
- Frequency
- quarterly
- Beta
- 0.37
- Market Cap
- —
- P/E Ratio
- 16.8
- 5-Yr Total Return
- 338%
- 52-Week Range
- $36.00 – $74.77
- Dividend Safety
- C · 65/100
- Ever Cut?
- Yes (2023)
Frequently Asked Questions
ESP Price — Last 12 Months
Daily close
Price Return
1 Year
+61%
3 Years
+294%
5 Years
+338%
52-Week Range
$36.00 – $74.77
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is ESP worth?
Overvaluedmedium confidenceOur blended fair-value estimate for Espey Mfg. & Electronics Corp. is $36.60 per share, versus a market price of $63.69. That implies 43% of downside.
Fair Value
$36.60
Current Price
$63.69
Downside
-43%
Margin of Safety
-74%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
Assumptions: 7.0% discount rate (CAPM), 3.2% stage-1 growth, 2.5% terminal growth, $3.81 EPS, $1.00 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
ESP Dividend Safety Score
Borderline
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 15, 2026 | — | $0.2500 | regular |
| Mar 20, 2026 | — | $0.2500 | regular |
| Dec 19, 2025 | — | $0.2500 | regular |
| Sep 19, 2025 | — | $1.0000 | regular |
| Jun 16, 2025 | — | $0.2500 | regular |
| Mar 21, 2025 | — | $0.2500 | regular |
| Dec 20, 2024 | — | $0.2500 | regular |
| Sep 20, 2024 | — | $0.2500 | regular |
| Jun 17, 2024 | — | $0.2000 | regular |
| Mar 21, 2024 | — | $0.1750 | regular |
| Dec 14, 2023 | — | $0.1500 | regular |
| Sep 29, 2023 | — | $0.1500 | regular |
| Jun 22, 2023 | — | $0.1000 | regular |
| Mar 23, 2023 | — | $0.1000 | regular |
Income Calculator
At $1.00 / yr per share
