SmarterDividends
MLKN

MillerKnoll, Inc.

MLKN

Consumer Cyclical · Furnishings, Fixtures & Appliances · Stock · quarterly payer

$21.07

Overvalued · -45% Add to Portfolio

Forward Yield

3.56%

Annual Dividend

$0.75

Payout Ratio

53%

5-Yr Growth

-1.1%

Ex-Date

Aug 28, 2026

Frequency

Quarterly

Key facts about MLKN's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 18, 2026, MillerKnoll, Inc. (MLKN) has a forward dividend yield of 3.56%, based on an annual dividend of $0.75 per share and a share price of $21.07.
  • As of Oct 18, 2026, MLKN's dividend safety grade from SmarterDividends is B (67 out of 100), which rates the dividend as safe.
  • MLKN last cut its regular dividend in 2021.
  • MLKN's most recent ex-dividend date was Aug 28, 2026, for a dividend of $0.19 per share.
  • As of Oct 18, 2026, MLKN pays out 53% of its trailing 12-month earnings as dividends (its payout ratio).
  • MLKN's dividend has shrunk at an average rate of 1.1% a year over the past five years.
  • As of Oct 18, 2026, MLKN's 3.56% yield is 19% above its five-year average yield of 3.00%.
  • As of Oct 18, 2026, SmarterDividends' blended fair-value estimate for MLKN is $11.64 per share, 45% below the $21.07 share price, so MLKN screens as overvalued.
  • MillerKnoll, Inc. (MLKN) pays its dividend quarterly, 4 times a year.
  • MillerKnoll, Inc. (MLKN) has raised its regular dividend 14 times and cut it 3 times across the 158 payments on record since 1986. Its most recent change was a 10.5% cut to $0.188 per share, going ex-dividend on Nov 25, 2020.
Cite this page

SmarterDividends, "MLKN Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 18, 2026, https://smarterdividends.com/stocks/MLKN

Summary

As of Oct 18, 2026, MillerKnoll, Inc. (MLKN) yields 3.56% ($0.75 a year per share) and has a dividend safety grade of B (67/100).

Is MLKN a good dividend stock?

Yes, with caveats

MillerKnoll, Inc. (MLKN) pays a quarterly dividend yielding 3.56% ($0.75/yr), with 0 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying.

Advantages

  • Comfortable payout ratio (53%)

Risks

  • Cut its dividend in 2021
  • Dividend has been shrinking, not growing
  • Share price is down over the past 5 years

Key Data

Dividend Yield
3.56%
Payout Ratio
53%
Annual Dividend
$0.75
5-Yr Avg Growth
-1.1%
Ex-Dividend Date
Aug 28, 2026
Years of Growth
0
Frequency
quarterly
Beta
1.35
Market Cap
$1.4B
P/E Ratio
14.9
5-Yr Total Return
-44%
52-Week Range
$13.77 – $24.71
Dividend Safety
B · 67/100
Ever Cut?
Yes (2021)

MLKN dividend raises and cuts

MillerKnoll, Inc. (MLKN) has raised its regular dividend 14 times and cut it 3 times across the 158 payments on record since 1986. Its most recent change was a 10.5% cut to $0.188 per share, going ex-dividend on Nov 25, 2020.

Ex-dateChangeOld → newMove
Nov 25, 2020Cut$0.210 → $0.188−10.5%
Aug 29, 2019Raise$0.198 → $0.210+6.1%
Aug 30, 2018Raise$0.180 → $0.198+10.0%
Aug 30, 2017Raise$0.170 → $0.180+5.9%
Aug 31, 2016Raise$0.148 → $0.170+14.9%
Aug 26, 2015Raise$0.140 → $0.148+5.7%
Feb 26, 2014Raise$0.125 → $0.140+12.0%
Feb 27, 2013Raise$0.0900 → $0.125+38.9%
Aug 29, 2012Raise$0.0220 → $0.0900+309.1%
May 27, 2009Cut$0.0880 → $0.0220−75.0%
May 30, 2007Raise$0.0800 → $0.0880+10.0%
Mar 1, 2006Raise$0.0730 → $0.0800+9.6%
Show all 17 changes since 1988
Ex-dateChangeOld → newMove
May 26, 2004Raise$0.0360 → $0.0730+102.8%
Mar 1, 2000Cut$0.0380 → $0.0360−5.3%
May 27, 1998Raise$0.0360 → $0.0380+5.6%
May 28, 1997Raise$0.0325 → $0.0360+10.8%
Aug 22, 1988Raise$0.0275 → $0.0325+18.2%
Every MLKN payment →Download every raise and cut (CSV)
MLKN ex-dividend date & scheduleNext ex-date Aug 28, 2026 · full ex-dividend historyView →MLKN dividend historyEvery payment, totals by year, raises and cutsView →

Frequently Asked Questions

Is MLKN a good dividend stock?

Yes, with caveats. MillerKnoll, Inc. (MLKN) pays a quarterly dividend yielding 3.56% ($0.75/yr), with 0 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying.

Is MLKN undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, MLKN's fair value is about $11.64 versus a $21.07 share price — so it looks overvalued (-45% vs. fair value).

Is MLKN's dividend safe?

MLKN has a dividend-safety grade of B (67/100), based on its payout coverage, free-cash-flow, 0-year growth streak, a dividend cut in 2021, debt and yield-versus-history.

What is MLKN's fair value?

Our blended fair-value estimate for MLKN is about $11.64 per share, about 45% below the current $21.07 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is MLKN a buy, hold, or sell?

We don't issue formal ratings, but on the data MLKN screens as "yes, with caveats" and overvalued. MillerKnoll, Inc. (MLKN) pays a quarterly dividend yielding 3.56% ($0.75/yr), with 0 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying. This is research for your own analysis, not investment advice.

Will MLKN cut its dividend?

MLKN earns a dividend-safety grade of B (67/100), and has cut its dividend before (last in 2021). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does MLKN pay a dividend?

Yes. MillerKnoll, Inc. pays a quarterly dividend of about $0.75 per share annually, a forward yield of roughly 3.56%.

What is MLKN's dividend yield?

As of Oct 18, 2026, MLKN's forward dividend yield is 3.56%, based on a $0.75 annual dividend and a $21.07 share price.

What is MLKN's dividend per share?

As of Oct 18, 2026, MLKN pays $0.75 per share per year, distributed on a quarterly basis.

What is MLKN's dividend payout ratio?

As of Oct 18, 2026, MLKN's payout ratio is 53% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.

How many years has MLKN grown its dividend?

MLKN does not currently have a long dividend-growth streak on record.

When is the next MLKN ex-dividend date?

As of Oct 18, 2026, MLKN's next ex-dividend date hasn't been announced. The most recent was Aug 28, 2026, for $0.19 per share.

Income Calculator

At $0.75 / yr per share

Per payment (quarterly)$18.75
Annual$75.00
Monthly avg$6.25

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