SmarterDividends
MLKN

MillerKnoll, Inc.

MLKN

Consumer Cyclical · Stock · quarterly payer

Forward Yield

5.09%

Annual Dividend

$0.75

Payout Ratio

500%

5-Yr Growth

-1.1%

Ex-Date

May 29, 2026

Frequency

Quarterly

MLKN Dividend Safety Score

56/ 100
Grade C

Borderline

Dividend-growth streak4 consecutive years of growth
Cut historyCut its dividend in 2021
Earnings payout coverage500% of earnings paid out
Free-cash-flow coverage26% of free cash flow
Balance-sheet strengthDebt/equity of 1.28
Yield vs its historyYield is 1.7× 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 MLKN a good dividend stock?

Mixed

MillerKnoll, Inc. (MLKN) pays a quarterly dividend yielding 5.09% ($0.75/yr), with 4 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

    Risks

    • Cut its dividend in 2021
    • Elevated payout ratio (500%)
    • Dividend has been shrinking, not growing
    • Share price is down over the past 5 years

    Key Data

    Dividend Yield
    5.09%
    Payout Ratio
    500%
    Annual Dividend
    $0.75
    5-Yr Avg Growth
    -1.1%
    Ex-Dividend Date
    May 29, 2026
    Years of Growth
    4
    Frequency
    quarterly
    Beta
    1.40
    Market Cap
    $1.0B
    P/E Ratio
    98.3
    5-Yr Total Return
    -68%
    52-Week Range
    $13.77 – $23.18
    Dividend Safety
    C · 56/100
    Ever Cut?
    Yes (2021)
    MLKN ex-dividend date & scheduleNext ex-date May 29, 2026 · full ex-dividend historyView →

    Frequently Asked Questions

    Income Calculator

    At $0.75 / yr per share

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