
Fresenius Medical Care AG
FMSHealthcare · Stock · annual payer
$21.93
Add to PortfolioForward Yield
3.97%
Annual Dividend
$0.87
Payout Ratio
44%
5-Yr Growth
2.9%
Ex-Date
May 22, 2026
Frequency
Annual
FMS Dividend Safety Score
61/ 100
Grade C
Borderline
Dividend-growth streak3 consecutive years of growth
Cut historyCut its dividend in 2023
Earnings payout coverage44% of earnings paid out
Free-cash-flow coverage28% of free cash flow
Balance-sheet strengthDebt/equity of 0.78
Yield vs its historyYield is 1.4× its 5-yr average — elevated
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
Is FMS a good dividend stock?
Yes, with caveatsFresenius Medical Care AG (FMS) pays a annual dividend yielding 3.97% ($0.87/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 (44%)
Risks
- Cut its dividend in 2023
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 3.97%
- Payout Ratio
- 44%
- Annual Dividend
- $0.87
- 5-Yr Avg Growth
- 2.9%
- Ex-Dividend Date
- May 22, 2026
- Years of Growth
- 2
- Frequency
- annual
- Beta
- 0.81
- Market Cap
- $11.8B
- P/E Ratio
- 11.5
- 5-Yr Total Return
- -47%
- 52-Week Range
- $20.02 – $29.07
- Dividend Safety
- C · 61/100
- Ever Cut?
- Yes (2023)
Frequently Asked Questions
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| May 22, 2026 | — | $0.8720 | regular |
| May 23, 2025 | — | $0.8150 | regular |
| May 17, 2024 | — | $0.6340 | regular |
| May 17, 2023 | — | $0.6180 | regular |
| May 13, 2022 | — | $0.7090 | regular |
| May 24, 2021 | — | $0.8340 | regular |
| Aug 28, 2020 | — | $0.7070 | regular |
| May 17, 2019 | — | $0.6550 | regular |
| May 21, 2018 | — | $0.6320 | regular |
| May 11, 2017 | — | $0.5140 | regular |
| May 10, 2016 | — | $0.4400 | regular |
| May 15, 2015 | — | $0.4380 | regular |
| May 13, 2014 | — | $0.5330 | regular |
| May 14, 2013 | — | $0.4900 | regular |
Income Calculator
At $0.87 / yr per share
Per payment (annual)$87.00
Annual$87.00
Monthly avg$7.25




