ING Groep N.V.
INGFinancial Services · Stock · semiannual payer
Forward Yield
3.91%
Annual Dividend
$1.27
Payout Ratio
48%
5-Yr Growth
—
Ex-Date
Apr 17, 2026
Frequency
Semiannual
Summary
As of July 2026, ING Groep N.V. (ING) yields 3.91% ($1.27 per share annually), with a blended fair-value estimate of $55.04 — +70% upside, so it screens as undervalued. Dividend safety grade: C (51/100).
Is ING a good dividend stock?
MixedING Groep N.V. (ING) pays a semiannual dividend yielding 3.91% ($1.27/yr), with 0 years 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
- Comfortable payout ratio (48%)
- 135% total price return over 5 years
Risks
- Cut its dividend in 2025
Key Data
- Dividend Yield
- 3.91%
- Payout Ratio
- 48%
- Annual Dividend
- $1.27
- 5-Yr Avg Growth
- —
- Ex-Dividend Date
- Apr 17, 2026
- Years of Growth
- 0
- Frequency
- semiannual
- Beta
- 0.90
- Market Cap
- $92.1B
- P/E Ratio
- 13.0
- 5-Yr Total Return
- 135%
- 52-Week Range
- $22.54 – $33.36
- Dividend Safety
- C · 51/100
- Ever Cut?
- Yes (2025)
Frequently Asked Questions
ING Price — Last 12 Months
Daily close
Price Return
1 Year
+36%
3 Years
+128%
5 Years
+135%
52-Week Range
$22.54 – $33.36
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is ING worth?
Undervaluedmedium confidenceOur blended fair-value estimate for ING Groep N.V. is $55.04 per share, versus a market price of $32.33. That implies 70% of upside — a margin of safety of about 41%.
Fair Value
$55.04
Current Price
$32.33
Upside
+70%
Margin of Safety
41%
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.
At today's price, the market is pricing in about -10.0% annual free-cash-flow growth. We model 14.2% — below our estimate, leaving room for upside if the business executes.
Assumptions: 8.8% discount rate (CAPM), 14.2% stage-1 growth, 2.5% terminal growth, $2.49 EPS, $1.27 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
ING 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 |
|---|---|---|---|
| Apr 17, 2026 | — | $0.8800 | regular |
| Apr 25, 2025 | — | $0.8020 | regular |
| Jan 13, 2025 | — | $0.1650 | regular |
| Aug 8, 2024 | — | $0.3790 | regular |
| Apr 24, 2024 | — | $0.8200 | regular |
| Aug 11, 2023 | — | $0.3830 | regular |
| Apr 26, 2023 | — | $0.4100 | regular |
| Jan 13, 2023 | — | $0.0870 | regular |
| Aug 12, 2022 | — | $0.1740 | regular |
| May 13, 2022 | — | $0.2450 | regular |
| Apr 27, 2022 | — | $0.4530 | regular |
| Oct 4, 2021 | — | $0.5630 | regular |
| Feb 23, 2021 | — | $0.1450 | regular |
| Aug 9, 2019 | — | $0.2660 | regular |
Income Calculator
At $1.27 / yr per share
