SmarterDividends
MNRO

Monro, Inc.

MNRO

Consumer Cyclical · Auto Parts · Stock · quarterly payer

$13.41

Fairly valued · +12% Add to Portfolio

Forward Yield

8.34%

Annual Dividend

$1.12

Payout Ratio

509%

5-Yr Growth

4.9%

Ex-Date

Aug 25, 2026

Frequency

Quarterly

Key facts about MNRO's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 27, 2026, Monro, Inc. (MNRO) has a forward dividend yield of 8.34%, based on an annual dividend of $1.12 per share and a share price of $13.41.
  • As of Oct 27, 2026, MNRO's dividend safety grade from SmarterDividends is B (74 out of 100), which rates the dividend as safe.
  • MNRO has never cut its regular dividend in the payment history SmarterDividends has on record.
  • MNRO's most recent ex-dividend date was Aug 25, 2026, for a dividend of $0.28 per share.
  • MNRO's dividend has grown at an average rate of 4.9% a year over the past five years.
  • As of Oct 27, 2026, MNRO's 8.34% yield is 136% above its five-year average yield of 3.53%.
  • As of Oct 27, 2026, SmarterDividends' blended fair-value estimate for MNRO is $14.96 per share, 12% above the $13.41 share price, so MNRO screens as fairly valued.
  • Monro, Inc. (MNRO) pays its dividend quarterly, 4 times a year.
  • Monro, Inc. (MNRO) has raised its regular dividend 17 times and cut it 0 times across the 85 payments on record since 2005. Its most recent change was a 7.7% increase to $0.280 per share, going ex-dividend on Jun 3, 2022.
Cite this page

SmarterDividends, "MNRO Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 27, 2026, https://smarterdividends.com/stocks/MNRO

Summary

As of Oct 27, 2026, Monro, Inc. (MNRO) yields 8.34% ($1.12 a year per share) and has a dividend safety grade of B (74/100).

Is MNRO a good dividend stock?

Yes, with caveats

Monro, Inc. (MNRO) pays a quarterly dividend yielding 8.34% ($1.12/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

  • Never cut its dividend on record

Risks

  • Elevated payout ratio (509%)
  • Very high yield can signal elevated risk
  • Share price is down over the past 5 years

Key Data

Dividend Yield
8.34%
Payout Ratio
509%
Annual Dividend
$1.12
5-Yr Avg Growth
4.9%
Ex-Dividend Date
Aug 25, 2026
Years of Growth
0
Frequency
quarterly
Beta
1.08
Market Cap
$419.0M
P/E Ratio
61.0
5-Yr Total Return
-76%
52-Week Range
$11.06 – $23.91
Dividend Safety
B · 74/100
Ever Cut?
No

MNRO dividend raises and cuts

Monro, Inc. (MNRO) has raised its regular dividend 17 times and cut it 0 times across the 85 payments on record since 2005. Its most recent change was a 7.7% increase to $0.280 per share, going ex-dividend on Jun 3, 2022.

Ex-dateChangeOld → newMove
Jun 3, 2022Raise$0.260 → $0.280+7.7%
Aug 20, 2021Raise$0.240 → $0.260+8.3%
Jun 4, 2021Raise$0.220 → $0.240+9.1%
May 31, 2019Raise$0.200 → $0.220+10.0%
Jun 1, 2018Raise$0.180 → $0.200+11.1%
May 31, 2017Raise$0.170 → $0.180+5.9%
Jun 1, 2016Raise$0.150 → $0.170+13.3%
May 28, 2015Raise$0.130 → $0.150+15.4%
May 29, 2014Raise$0.110 → $0.130+18.2%
May 29, 2013Raise$0.100 → $0.110+10.0%
May 31, 2012Raise$0.0900 → $0.100+11.1%
Sep 1, 2011Raise$0.0800 → $0.0900+12.5%
Show all 17 changes since 2006
Ex-dateChangeOld → newMove
Dec 1, 2010Raise$0.0600 → $0.0800+33.3%
Jun 4, 2010Raise$0.0467 → $0.0600+28.6%
Jun 5, 2009Raise$0.0400 → $0.0467+16.7%
Jul 13, 2007Raise$0.0311 → $0.0400+28.6%
Jul 14, 2006Raise$0.0222 → $0.0311+40.0%
Every MNRO payment →Download every raise and cut (CSV)
MNRO ex-dividend date & scheduleNext ex-date Aug 25, 2026 · full ex-dividend historyView →MNRO dividend historyEvery payment, totals by year, raises and cutsView →

Frequently Asked Questions

Is MNRO a good dividend stock?

Yes, with caveats. Monro, Inc. (MNRO) pays a quarterly dividend yielding 8.34% ($1.12/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 MNRO undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, MNRO's fair value is about $14.96 versus a $13.41 share price — so it looks fairly valued (+12% vs. fair value).

Is MNRO's dividend safe?

MNRO has a dividend-safety grade of B (74/100), based on its payout coverage, free-cash-flow, 0-year growth streak, a clean no-cut history, debt and yield-versus-history.

What is MNRO's fair value?

Our blended fair-value estimate for MNRO is about $14.96 per share, roughly 12% above the current $13.41 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is MNRO a buy, hold, or sell?

We don't issue formal ratings, but on the data MNRO screens as "yes, with caveats" and fairly valued. Monro, Inc. (MNRO) pays a quarterly dividend yielding 8.34% ($1.12/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 MNRO cut its dividend?

MNRO earns a dividend-safety grade of B (74/100), with no dividend cut on record. A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does MNRO pay a dividend?

Yes. Monro, Inc. pays a quarterly dividend of about $1.12 per share annually, a forward yield of roughly 8.34%.

What is MNRO's dividend yield?

As of Oct 27, 2026, MNRO's forward dividend yield is 8.34%, based on a $1.12 annual dividend and a $13.41 share price.

What is MNRO's dividend per share?

As of Oct 27, 2026, MNRO pays $1.12 per share per year, distributed on a quarterly basis.

What is MNRO's dividend payout ratio?

As of Oct 27, 2026, MNRO's payout ratio is 509% of trailing 12-month earnings — an elevated level worth watching, as it leaves less cushion if earnings dip.

How many years has MNRO grown its dividend?

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

When is the next MNRO ex-dividend date?

As of Oct 27, 2026, MNRO's next ex-dividend date hasn't been announced. The most recent was Aug 25, 2026, for $0.28 per share.

Income Calculator

At $1.12 / yr per share

Per payment (quarterly)$28.00
Annual$112.00
Monthly avg$9.33

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