The Marzetti Company
MZTI39 yrs growthConsumer Defensive · Stock · quarterly payer
Forward Yield
3.94%
Annual Dividend
$4.00
Payout Ratio
57%
5-Yr Growth
6.2%
Ex-Date
Sep 8, 2026
Frequency
Quarterly
Summary
As of September 2026, The Marzetti Company (MZTI) yields 3.94% ($4.00 per share annually), with a blended fair-value estimate of $99.93 — -5% downside, so it screens as fairly valued. Dividend safety grade: A (87/100). 39 years of dividend growth.
Is MZTI a good dividend stock?
YesThe Marzetti Company (MZTI) pays a quarterly dividend yielding 3.94% ($4.00/yr), with 39 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
- Dividend Aristocrat — 39 consecutive years of growth
- Never cut its dividend on record
- Comfortable payout ratio (57%)
- Strong 6.2% 5-yr dividend growth
- Top-tier dividend safety score
Risks
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 3.94%
- Payout Ratio
- 57%
- Annual Dividend
- $4.00
- 5-Yr Avg Growth
- 6.2%
- Ex-Dividend Date
- Sep 8, 2026
- Years of Growth
- 39
- Frequency
- quarterly
- Beta
- 0.36
- Market Cap
- $2.8B
- P/E Ratio
- 14.5
- 5-Yr Total Return
- -38%
- 52-Week Range
- $100.20 – $185.27
- Dividend Safety
- A · 87/100
- Ever Cut?
- No
Frequently Asked Questions
MZTI Price — Last 12 Months
Daily close
Price Return
1 Year
-40%
3 Years
-37%
5 Years
-38%
52-Week Range
$100.20 – $185.27
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is MZTI worth?
Fairly valuedmedium confidenceOur blended fair-value estimate for The Marzetti Company is $99.93 per share, versus a market price of $105.39. That implies the stock is roughly fairly priced.
Fair Value
$99.93
Current Price
$105.39
Gap
-5%
Margin of Safety
-5%
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 -10.0% annual free-cash-flow growth. We model -0.2% — below our estimate, leaving room for upside if the business executes.
Assumptions: 7.0% discount rate (CAPM), -0.2% stage-1 growth, 2.5% terminal growth, $6.98 EPS, $4.00 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
MZTI 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 |
|---|---|---|---|
| Sep 8, 2026 | — | $1.0000 | regular |
| Jun 5, 2026 | — | $1.0000 | regular |
| Mar 6, 2026 | — | $1.0000 | regular |
| Dec 5, 2025 | — | $1.0000 | regular |
| Sep 8, 2025 | — | $0.9500 | regular |
| Jun 6, 2025 | — | $0.9500 | regular |
| Mar 7, 2025 | — | $0.9500 | regular |
| Dec 5, 2024 | — | $0.9500 | regular |
| Sep 9, 2024 | — | $0.9000 | regular |
| Jun 7, 2024 | — | $0.9000 | regular |
| Mar 6, 2024 | — | $0.9000 | regular |
| Dec 1, 2023 | — | $0.9000 | regular |
| Sep 7, 2023 | — | $0.8500 | regular |
| Jun 8, 2023 | — | $0.8500 | regular |
Income Calculator
At $4.00 / yr per share
