MZTI

The Marzetti Company

MZTI39 yrs growth

Consumer Defensive · Packaged Foods · Stock · quarterly payer

$109.03

Overvalued · -25% Add to Portfolio

Forward Yield

3.67%

Annual Dividend

$4.00

Payout Ratio

57%

5-Yr Growth

6.2%

Ex-Date

Sep 8, 2026

Frequency

Quarterly

Key facts about MZTI's dividend

Data as of Oct 27, 2026 · Source: SmarterDividends data

As of Oct 27, 2026, The Marzetti Company (MZTI) has a forward dividend yield of 3.67%, based on an annual dividend of $4.00 per share and a share price of $109.03.
As of Oct 27, 2026, MZTI's dividend safety grade from SmarterDividends is A (88 out of 100), which rates the dividend as very safe.
By SmarterDividends' count, The Marzetti Company (MZTI) has raised its dividend for 39 consecutive years as of Oct 27, 2026, which makes it a Dividend Aristocrat by the 25-year definition.
MZTI has never cut its regular dividend in the payment history SmarterDividends has on record.
MZTI's most recent ex-dividend date was Sep 8, 2026, for a dividend of $1.00 per share.
As of Oct 27, 2026, MZTI pays out 57% of its trailing 12-month earnings as dividends (its payout ratio).
MZTI's dividend has grown at an average rate of 6.2% a year over the past five years.
As of Oct 27, 2026, MZTI's 3.67% yield is 87% above its five-year average yield of 1.97%.
As of Oct 27, 2026, SmarterDividends' blended fair-value estimate for MZTI is $81.67 per share, 25% below the $109.03 share price, so MZTI screens as overvalued.
The Marzetti Company (MZTI) pays its dividend quarterly, 4 times a year.
The Marzetti Company (MZTI) has raised its regular dividend 46 times and cut it 0 times across the 160 payments on record since 1986. Its most recent change was a 5.3% increase to $1.00 per share, going ex-dividend on Dec 5, 2025.
Marzetti (MZTI) has declared its first higher dividend of the year in November in 5 of the last 5 years; its most recent raise, 5.3%, was declared on Nov 19, 2025.

Cite this page

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

Summary

As of Oct 27, 2026, The Marzetti Company (MZTI) yields 3.67% ($4.00 a year per share), has a dividend safety grade of A (88/100) and has 39 consecutive years of dividend increases on record.

Is MZTI a good dividend stock?

Yes

The Marzetti Company (MZTI) pays a quarterly dividend yielding 3.67% ($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: 3.67%
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: $3.0B
P/E Ratio: 15.6
5-Yr Total Return: -25%
52-Week Range: $97.00 – $176.26
Dividend Safety: A · 88/100
Ever Cut?: No

MZTI dividend raises and cuts

The Marzetti Company (MZTI) has raised its regular dividend 46 times and cut it 0 times across the 160 payments on record since 1986. Its most recent change was a 5.3% increase to $1.00 per share, going ex-dividend on Dec 5, 2025.

Ex-date	Change	Old → new	Move
Dec 5, 2025	Raise	$0.950 → $1.00	+5.3%
Dec 5, 2024	Raise	$0.900 → $0.950	+5.6%
Dec 1, 2023	Raise	$0.850 → $0.900	+5.9%
Dec 2, 2022	Raise	$0.800 → $0.850	+6.2%
Dec 3, 2021	Raise	$0.750 → $0.800	+6.7%
Dec 4, 2020	Raise	$0.700 → $0.750	+7.1%
Dec 5, 2019	Raise	$0.650 → $0.700	+7.7%
Dec 6, 2018	Raise	$0.600 → $0.650	+8.3%
Dec 7, 2017	Raise	$0.550 → $0.600	+9.1%
Dec 7, 2016	Raise	$0.500 → $0.550	+10.0%
Mar 7, 2016	Raise	$0.460 → $0.500	+8.7%
Dec 4, 2014	Raise	$0.440 → $0.460	+4.5%

Show all 46 changes since 1987

Ex-date	Change	Old → new	Move
Dec 5, 2013	Raise	$0.400 → $0.440	+10.0%
Jun 6, 2013	Raise	$0.380 → $0.400	+5.3%
Mar 6, 2013	Raise	$0.360 → $0.380	+5.6%
Dec 7, 2011	Raise	$0.330 → $0.360	+9.1%
Dec 8, 2010	Raise	$0.300 → $0.330	+10.0%
Dec 8, 2009	Raise	$0.285 → $0.300	+5.3%
Dec 8, 2008	Raise	$0.280 → $0.285	+1.8%
Dec 6, 2007	Raise	$0.270 → $0.280	+3.7%
Dec 6, 2006	Raise	$0.260 → $0.270	+3.8%
Mar 8, 2006	Raise	$0.250 → $0.260	+4.0%
Dec 8, 2004	Raise	$0.230 → $0.250	+8.7%
Dec 8, 2003	Raise	$0.200 → $0.230	+15.0%
Dec 6, 2002	Raise	$0.180 → $0.200	+11.1%
Dec 6, 2001	Raise	$0.170 → $0.180	+5.9%
Dec 6, 2000	Raise	$0.160 → $0.170	+6.3%
Dec 8, 1999	Raise	$0.150 → $0.160	+6.7%
Dec 8, 1998	Raise	$0.140 → $0.150	+7.1%
Mar 6, 1998	Raise	$0.133 → $0.140	+5.0%
Dec 8, 1997	Raise	$0.127 → $0.133	+5.3%
Jun 6, 1997	Raise	$0.120 → $0.127	+5.6%
Dec 6, 1996	Raise	$0.113 → $0.120	+5.9%
Dec 6, 1995	Raise	$0.100 → $0.113	+13.3%
Jun 6, 1995	Raise	$0.0933 → $0.100	+7.1%
Dec 5, 1994	Raise	$0.0800 → $0.0933	+16.7%
Jun 6, 1994	Raise	$0.0750 → $0.0800	+6.7%
Dec 6, 1993	Raise	$0.0650 → $0.0750	+15.4%
Jun 4, 1993	Raise	$0.0638 → $0.0650	+2.0%
Dec 4, 1992	Raise	$0.0563 → $0.0638	+13.3%
Jun 4, 1992	Raise	$0.0550 → $0.0563	+2.3%
Dec 4, 1991	Raise	$0.0500 → $0.0550	+10.0%
Dec 4, 1990	Raise	$0.0475 → $0.0500	+5.3%
Dec 5, 1989	Raise	$0.0450 → $0.0475	+5.6%
Dec 5, 1988	Raise	$0.0425 → $0.0450	+5.9%
Jun 4, 1987	Raise	$0.0400 → $0.0425	+6.3%

Every MZTI payment →Download every raise and cut (CSV)

MZTI ex-dividend date & scheduleNext ex-date Sep 8, 2026 · full ex-dividend historyView →MZTI dividend historyEvery payment, totals by year, raises and cutsView →

Frequently Asked Questions

Is MZTI a good dividend stock?

Yes. The Marzetti Company (MZTI) pays a quarterly dividend yielding 3.67% ($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.

Is MZTI undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, MZTI's fair value is about $81.67 versus a $109.03 share price — so it looks overvalued (-25% vs. fair value).

Is MZTI's dividend safe?

MZTI has a dividend-safety grade of A (88/100), based on its payout coverage, free-cash-flow, 39-year growth streak, a clean no-cut history, debt and yield-versus-history.

What is MZTI's fair value?

Our blended fair-value estimate for MZTI is about $81.67 per share, about 25% below the current $109.03 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is MZTI a buy, hold, or sell?

We don't issue formal ratings, but on the data MZTI screens as "yes" and overvalued. The Marzetti Company (MZTI) pays a quarterly dividend yielding 3.67% ($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. This is research for your own analysis, not investment advice.

Will MZTI cut its dividend?

MZTI earns a dividend-safety grade of A (88/100), 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 MZTI pay a dividend?

Yes. The Marzetti Company pays a quarterly dividend of about $4.00 per share annually, a forward yield of roughly 3.67%.

What is MZTI's dividend yield?

As of Oct 27, 2026, MZTI's forward dividend yield is 3.67%, based on a $4.00 annual dividend and a $109.03 share price.

What is MZTI's dividend per share?

As of Oct 27, 2026, MZTI pays $4.00 per share per year, distributed on a quarterly basis.

What is MZTI's dividend payout ratio?

As of Oct 27, 2026, MZTI's payout ratio is 57% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.

How many years has MZTI grown its dividend?

As of Oct 27, 2026, MZTI has increased its dividend for 39 consecutive years.

When is the next MZTI ex-dividend date?

As of Oct 27, 2026, MZTI's next ex-dividend date hasn't been announced. The most recent was Sep 8, 2026, for $1.00 per share.

Dividend Growth

Total dividends per share by year

Dividend History

Full MZTI dividend history →

Ex-Date	Pay Date	Amount	Type
Sep 8, 2026	Sep 30, 2026	$1.0000	regular
Jun 5, 2026	Jun 30, 2026	$1.0000	regular
Mar 6, 2026	Mar 31, 2026	$1.0000	regular
Dec 5, 2025	Dec 31, 2025	$1.0000	regular
Sep 8, 2025	Sep 30, 2025	$0.9500	regular
Jun 6, 2025	Jun 30, 2025	$0.9500	regular
Mar 7, 2025	Mar 31, 2025	$0.9500	regular
Dec 5, 2024	Dec 31, 2024	$0.9500	regular
Sep 9, 2024	Sep 30, 2024	$0.9000	regular
Jun 7, 2024	Jun 28, 2024	$0.9000	regular
Mar 6, 2024	Mar 29, 2024	$0.9000	regular
Dec 1, 2023	Dec 29, 2023	$0.9000	regular
Sep 7, 2023	Sep 29, 2023	$0.8500	regular
Jun 8, 2023	Jun 30, 2023	$0.8500	regular