SmarterDividends
FIZZ

National Beverage Corp.

FIZZ

Consumer Defensive · Beverages - Non-Alcoholic · Stock · annual payer

$35.82

Overvalued · -17% Add to Portfolio

Forward Yield

9.07%

Annual Dividend

$3.25

Payout Ratio

0%

5-Yr Growth

—

Ex-Date

Jul 13, 2026

Frequency

Annual

Key facts about FIZZ's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 27, 2026, National Beverage Corp. (FIZZ) has a forward dividend yield of 9.07%, based on an annual dividend of $3.25 per share and a share price of $35.82.
  • As of Oct 27, 2026, FIZZ's dividend safety grade from SmarterDividends is C (57 out of 100), which rates the dividend as borderline.
  • FIZZ last cut its regular dividend in 2016.
  • FIZZ's most recent ex-dividend date was Jul 13, 2026, for a dividend of $3.25 per share.
  • As of Oct 27, 2026, FIZZ's 9.07% yield is 43% above its five-year average yield of 6.36%.
  • As of Oct 27, 2026, SmarterDividends' blended fair-value estimate for FIZZ is $29.83 per share, 17% below the $35.82 share price, so FIZZ screens as overvalued.
  • National Beverage Corp. (FIZZ) pays its dividend annual, once a year.
Cite this page

SmarterDividends, "FIZZ Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 27, 2026, https://smarterdividends.com/stocks/FIZZ

Summary

As of Oct 27, 2026, National Beverage Corp. (FIZZ) yields 9.07% ($3.25 a year per share) and has a dividend safety grade of C (57/100).

Is FIZZ a good dividend stock?

Mixed

National Beverage Corp. (FIZZ) pays a annual dividend yielding 9.07% ($3.25/yr), with 1 year of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.

Advantages

    Risks

    • Cut its dividend in 2016
    • Very high yield can signal elevated risk
    • Share price is down over the past 5 years

    Key Data

    Dividend Yield
    9.07%
    Payout Ratio
    0%
    Annual Dividend
    $3.25
    5-Yr Avg Growth
    —
    Ex-Dividend Date
    Jul 13, 2026
    Years of Growth
    1
    Frequency
    annual
    Beta
    0.85
    Market Cap
    $3.4B
    P/E Ratio
    19.3
    5-Yr Total Return
    -30%
    52-Week Range
    $28.97 – $38.21
    Dividend Safety
    C · 57/100
    Ever Cut?
    Yes (2016)

    FIZZ dividend changes

    National Beverage Corp. (FIZZ) pays a variable dividend: across the 13 payments on record since 2004, 3 were higher than the one before and 1 lower. The latest change was up 93.3% to $1.45 per share, going ex-dividend on Nov 29, 2018.

    Ex-dateChangeOld → newMove
    Nov 29, 2018Higher$0.750 → $1.45+93.3%
    Dec 5, 2012Higher$1.15 → $1.28+10.9%
    Dec 14, 2010Higher$0.675 → $1.15+70.4%
    Jul 18, 2007Lower$0.417 → $0.400−4.0%
    Every FIZZ payment →Download every raise and cut (CSV)
    FIZZ ex-dividend date & scheduleNext ex-date Jul 13, 2026 · full ex-dividend historyView →FIZZ dividend historyEvery payment, totals by year, raises and cutsView →

    Frequently Asked Questions

    Is FIZZ a good dividend stock?

    Mixed. National Beverage Corp. (FIZZ) pays a annual dividend yielding 9.07% ($3.25/yr), with 1 year of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.

    Is FIZZ undervalued?

    Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, FIZZ's fair value is about $29.83 versus a $35.82 share price — so it looks overvalued (-17% vs. fair value).

    Is FIZZ's dividend safe?

    FIZZ has a dividend-safety grade of C (57/100), based on its payout coverage, free-cash-flow, 1-year growth streak, a dividend cut in 2016, debt and yield-versus-history.

    What is FIZZ's fair value?

    Our blended fair-value estimate for FIZZ is about $29.83 per share, about 17% below the current $35.82 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

    Is FIZZ a buy, hold, or sell?

    We don't issue formal ratings, but on the data FIZZ screens as "mixed" and overvalued. National Beverage Corp. (FIZZ) pays a annual dividend yielding 9.07% ($3.25/yr), with 1 year of growth and a dividend-safety grade of C. 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 FIZZ cut its dividend?

    FIZZ earns a dividend-safety grade of C (57/100), and has cut its dividend before (last in 2016). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

    Does FIZZ pay a dividend?

    Yes. National Beverage Corp. pays a annual dividend of about $3.25 per share annually, a forward yield of roughly 9.07%.

    What is FIZZ's dividend yield?

    As of Oct 27, 2026, FIZZ's forward dividend yield is 9.07%, based on a $3.25 annual dividend and a $35.82 share price.

    What is FIZZ's dividend per share?

    As of Oct 27, 2026, FIZZ pays $3.25 per share per year, distributed on a annual basis.

    What is FIZZ's dividend payout ratio?

    As of Oct 27, 2026, FIZZ's payout ratio is 0% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.

    How many years has FIZZ grown its dividend?

    As of Oct 27, 2026, FIZZ has increased its dividend for 1 consecutive years.

    When is the next FIZZ ex-dividend date?

    As of Oct 27, 2026, FIZZ's next ex-dividend date hasn't been announced. The most recent was Jul 13, 2026, for $3.25 per share.

    Income Calculator

    At $3.25 / yr per share

    Per payment (annual)$325.00
    Annual$325.00
    Monthly avg$27.08

    Similar Dividend Stocks

    WMTWMTWalmart Inc.0.82%50 yrCOSTCOSTCostco Wholesale Corporation0.59%21 yrKOKOThe Coca-Cola Company2.29%55 yrPGPGThe Procter & Gamble Company2.72%42 yr

    Compare FIZZ

    FIZZ vs WMTFIZZ vs COSTFIZZ vs KOFIZZ vs PG

    Explore more

    Lists and tools related to FIZZ