The New York Times Company
NYTCommunication Services · Stock · quarterly payer
Forward Yield
1.28%
Annual Dividend
$0.92
Payout Ratio
41%
5-Yr Growth
23.8%
Ex-Date
Jul 8, 2026
Frequency
Quarterly
Summary
As of July 2026, The New York Times Company (NYT) yields 1.28% ($0.92 per share annually), with a blended fair-value estimate of $59.92 — -16% downside, so it screens as overvalued. Dividend safety grade: B (74/100). 7 years of dividend growth.
Is NYT a good dividend stock?
Yes, with caveatsThe New York Times Company (NYT) pays a quarterly dividend yielding 1.28% ($0.92/yr), with 7 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 (41%)
- Strong 23.8% 5-yr dividend growth
- 41% total price return over 5 years
Risks
- Cut its dividend in 2014
Key Data
- Dividend Yield
- 1.28%
- Payout Ratio
- 41%
- Annual Dividend
- $0.92
- 5-Yr Avg Growth
- 23.8%
- Ex-Dividend Date
- Jul 8, 2026
- Years of Growth
- 7
- Frequency
- quarterly
- Beta
- 0.95
- Market Cap
- $11.6B
- P/E Ratio
- 30.8
- 5-Yr Total Return
- 41%
- 52-Week Range
- $51.03 – $87.10
- Dividend Safety
- B · 74/100
- Ever Cut?
- Yes (2014)
Frequently Asked Questions
NYT Price — Last 12 Months
Daily close
Price Return
1 Year
+20%
3 Years
+62%
5 Years
+41%
52-Week Range
$51.03 – $87.10
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is NYT worth?
Overvaluedmedium confidenceOur blended fair-value estimate for The New York Times Company is $59.92 per share, versus a market price of $71.65. That implies 16% of downside.
Fair Value
$59.92
Current Price
$71.65
Downside
-16%
Margin of Safety
-20%
How we get there
Discounted cash flow
Discounts projected free cash flow 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 14.6% annual free-cash-flow growth. We model 9.9% — so the price already assumes faster growth than we think is likely.
Assumptions: 9.1% discount rate (CAPM), 9.9% stage-1 growth, 2.5% terminal growth, $2.33 EPS, $0.92 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
NYT Dividend Safety Score
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 |
|---|---|---|---|
| Jul 8, 2026 | — | $0.2300 | regular |
| Apr 1, 2026 | — | $0.2300 | regular |
| Jan 6, 2026 | — | $0.1800 | regular |
| Oct 8, 2025 | — | $0.1800 | regular |
| Jul 9, 2025 | — | $0.1800 | regular |
| Apr 1, 2025 | — | $0.1800 | regular |
| Jan 10, 2025 | — | $0.1300 | regular |
| Oct 9, 2024 | — | $0.1300 | regular |
| Jul 9, 2024 | — | $0.1300 | regular |
| Apr 1, 2024 | — | $0.1300 | regular |
| Jan 2, 2024 | — | $0.1100 | regular |
| Oct 6, 2023 | — | $0.1100 | regular |
| Jul 10, 2023 | — | $0.1100 | regular |
| Apr 4, 2023 | — | $0.1100 | regular |
Income Calculator
At $0.92 / yr per share
