German American Bancorp, Inc.
GABCFinancial Services · Stock · quarterly payer
Forward Yield
2.45%
Annual Dividend
$1.22
Payout Ratio
32%
5-Yr Growth
8.8%
Ex-Date
Aug 10, 2026
Frequency
Quarterly
Summary
As of September 2026, German American Bancorp, Inc. (GABC) yields 2.45% ($1.22 per share annually), with a blended fair-value estimate of $79.37 — +60% upside, so it screens as undervalued. Dividend safety grade: A (99/100). 13 years of dividend growth.
Is GABC a good dividend stock?
YesGerman American Bancorp, Inc. (GABC) pays a quarterly dividend yielding 2.45% ($1.22/yr), with 13 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- 13 consecutive years of dividend growth
- Never cut its dividend on record
- Comfortable payout ratio (32%)
- Strong 8.8% 5-yr dividend growth
- Top-tier dividend safety score
Risks
- Single-stock concentration risk — diversify
Key Data
- Dividend Yield
- 2.45%
- Payout Ratio
- 32%
- Annual Dividend
- $1.22
- 5-Yr Avg Growth
- 8.8%
- Ex-Dividend Date
- Aug 10, 2026
- Years of Growth
- 13
- Frequency
- quarterly
- Beta
- 0.57
- Market Cap
- $1.9B
- P/E Ratio
- 13.1
- 5-Yr Total Return
- 29%
- 52-Week Range
- $37.19 – $52.23
- Dividend Safety
- A · 99/100
- Ever Cut?
- No
Frequently Asked Questions
GABC Price — Last 12 Months
Daily close
Price Return
1 Year
+27%
3 Years
+84%
5 Years
+29%
52-Week Range
$37.19 – $52.23
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is GABC worth?
Undervaluedmedium confidenceOur blended fair-value estimate for German American Bancorp, Inc. is $79.37 per share, versus a market price of $49.75. That implies 60% of upside — a margin of safety of about 37%.
Fair Value
$79.37
Current Price
$49.75
Upside
+60%
Margin of Safety
37%
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.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about -3.3% annual free-cash-flow growth. We model 10.5% — below our estimate, leaving room for upside if the business executes.
Assumptions: 7.1% discount rate (CAPM), 10.5% stage-1 growth, 2.5% terminal growth, $3.80 EPS, $1.22 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
GABC Dividend Safety Score
Very Safe
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 |
|---|---|---|---|
| Aug 10, 2026 | — | $0.3100 | regular |
| May 8, 2026 | — | $0.3100 | regular |
| Feb 10, 2026 | — | $0.3100 | regular |
| Nov 10, 2025 | — | $0.2900 | regular |
| Aug 8, 2025 | — | $0.2900 | regular |
| May 9, 2025 | — | $0.2900 | regular |
| Feb 10, 2025 | — | $0.2900 | regular |
| Nov 8, 2024 | — | $0.2700 | regular |
| Aug 9, 2024 | — | $0.2700 | regular |
| May 9, 2024 | — | $0.2700 | regular |
| Feb 8, 2024 | — | $0.2700 | regular |
| Nov 9, 2023 | — | $0.2500 | regular |
| Aug 9, 2023 | — | $0.2500 | regular |
| May 9, 2023 | — | $0.2500 | regular |
Income Calculator
At $1.22 / yr per share
