Universal Display Corporation
OLEDTechnology · Electronic Components · Stock · quarterly payer
Forward Yield
2.26%
Annual Dividend
$2.00
Payout Ratio
46%
5-Yr Growth
24.6%
Ex-Date
Sep 16, 2026
Frequency
Quarterly
Key facts about OLED's dividend
Data as of · Source: SmarterDividends data
- As of Oct 27, 2026, Universal Display Corporation (OLED) has a forward dividend yield of 2.26%, based on an annual dividend of $2.00 per share and a share price of $88.47.
- As of Oct 27, 2026, OLED's dividend safety grade from SmarterDividends is B (72 out of 100), which rates the dividend as safe.
- By SmarterDividends' count, Universal Display Corporation (OLED) has raised its dividend for 8 consecutive years as of Oct 27, 2026.
- OLED has never cut its regular dividend in the payment history SmarterDividends has on record.
- OLED's most recent ex-dividend date was Sep 16, 2026, for a dividend of $0.50 per share.
- As of Oct 27, 2026, OLED pays out 46% of its trailing 12-month earnings as dividends (its payout ratio).
- OLED's dividend has grown at an average rate of 24.6% a year over the past five years.
- As of Oct 27, 2026, OLED's 2.26% yield is 153% above its five-year average yield of 0.89%.
- As of Oct 27, 2026, SmarterDividends' blended fair-value estimate for OLED is $34.83 per share, 61% below the $88.47 share price, so OLED screens as overvalued.
- Universal Display Corporation (OLED) pays its dividend quarterly, 4 times a year.
- Universal Display Corporation (OLED) has raised its regular dividend 9 times and cut it 0 times across the 39 payments on record since 2017. Its most recent change was a 11.1% increase to $0.500 per share, going ex-dividend on Mar 17, 2026.
- Universal Display (OLED) has declared its first higher dividend of the year in February in 5 of the last 5 years; its most recent raise, 11.1%, was declared on Feb 17, 2026.
Cite this page
SmarterDividends, "OLED Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 27, 2026, https://smarterdividends.com/stocks/OLED
Summary
As of Oct 27, 2026, Universal Display Corporation (OLED) yields 2.26% ($2.00 a year per share), has a dividend safety grade of B (72/100) and has 8 consecutive years of dividend increases on record.
Is OLED a good dividend stock?
Yes, with caveatsUniversal Display Corporation (OLED) pays a quarterly dividend yielding 2.26% ($2.00/yr), with 8 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
- Comfortable payout ratio (46%)
- Strong 24.6% 5-yr dividend growth
Risks
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 2.26%
- Payout Ratio
- 46%
- Annual Dividend
- $2.00
- 5-Yr Avg Growth
- 24.6%
- Ex-Dividend Date
- Sep 16, 2026
- Years of Growth
- 8
- Frequency
- quarterly
- Beta
- 1.53
- Market Cap
- $4.1B
- P/E Ratio
- 21.4
- 5-Yr Total Return
- -39%
- 52-Week Range
- $70.77 – $152.24
- Dividend Safety
- B · 72/100
- Ever Cut?
- No
OLED dividend raises and cuts
Universal Display Corporation (OLED) has raised its regular dividend 9 times and cut it 0 times across the 39 payments on record since 2017. Its most recent change was a 11.1% increase to $0.500 per share, going ex-dividend on Mar 17, 2026.
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| Mar 17, 2026 | Raise | $0.450 → $0.500 | +11.1% |
| Mar 17, 2025 | Raise | $0.400 → $0.450 | +12.5% |
| Mar 14, 2024 | Raise | $0.350 → $0.400 | +14.3% |
| Mar 16, 2023 | Raise | $0.300 → $0.350 | +16.7% |
| Mar 16, 2022 | Raise | $0.200 → $0.300 | +50.0% |
| Mar 15, 2021 | Raise | $0.150 → $0.200 | +33.3% |
| Mar 16, 2020 | Raise | $0.100 → $0.150 | +50.0% |
| Mar 14, 2019 | Raise | $0.0600 → $0.100 | +66.7% |
| Mar 14, 2018 | Raise | $0.0300 → $0.0600 | +100.0% |
Frequently Asked Questions
Is OLED a good dividend stock?
Yes, with caveats. Universal Display Corporation (OLED) pays a quarterly dividend yielding 2.26% ($2.00/yr), with 8 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying.
Is OLED undervalued?
Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, OLED's fair value is about $34.83 versus a $88.47 share price — so it looks overvalued (-61% vs. fair value).
Is OLED's dividend safe?
OLED has a dividend-safety grade of B (72/100), based on its payout coverage, free-cash-flow, 8-year growth streak, a clean no-cut history, debt and yield-versus-history.
What is OLED's fair value?
Our blended fair-value estimate for OLED is about $34.83 per share, about 61% below the current $88.47 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.
Is OLED a buy, hold, or sell?
We don't issue formal ratings, but on the data OLED screens as "yes, with caveats" and overvalued. Universal Display Corporation (OLED) pays a quarterly dividend yielding 2.26% ($2.00/yr), with 8 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 OLED cut its dividend?
OLED earns a dividend-safety grade of B (72/100), 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 OLED pay a dividend?
Yes. Universal Display Corporation pays a quarterly dividend of about $2.00 per share annually, a forward yield of roughly 2.26%.
What is OLED's dividend yield?
As of Oct 27, 2026, OLED's forward dividend yield is 2.26%, based on a $2.00 annual dividend and a $88.47 share price.
What is OLED's dividend per share?
As of Oct 27, 2026, OLED pays $2.00 per share per year, distributed on a quarterly basis.
What is OLED's dividend payout ratio?
As of Oct 27, 2026, OLED's payout ratio is 46% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.
How many years has OLED grown its dividend?
As of Oct 27, 2026, OLED has increased its dividend for 8 consecutive years.
When is the next OLED ex-dividend date?
As of Oct 27, 2026, OLED's next ex-dividend date hasn't been announced. The most recent was Sep 16, 2026, for $0.50 per share.
OLED Price — Last 12 Months
Daily close
Price Return
1 Year
-27%
3 Years
-49%
5 Years
-39%
52-Week Range
$70.77 – $152.24
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is OLED worth?
Overvaluedmedium confidenceOur blended fair-value estimate for Universal Display Corporation is $34.83 per share, versus a market price of $88.47. That implies 61% of downside.
Fair Value
$34.83
Current Price
$88.47
Downside
-61%
Margin of Safety
-154%
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 20.6% annual free-cash-flow growth. We model 0.0% — so the price already assumes faster growth than we think is likely.
Assumptions: 11.9% discount rate (CAPM), 0.0% growth for five years fading to 2.5% over the next five, $4.14 EPS, $2.00 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
OLED 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
Full OLED dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Sep 16, 2026 | Sep 30, 2026 | $0.5000 | regular |
| Jun 16, 2026 | Jun 30, 2026 | $0.5000 | regular |
| Mar 17, 2026 | Mar 31, 2026 | $0.5000 | regular |
| Dec 17, 2025 | Dec 31, 2025 | $0.4500 | regular |
| Sep 16, 2025 | Sep 30, 2025 | $0.4500 | regular |
| Jun 16, 2025 | Jun 30, 2025 | $0.4500 | regular |
| Mar 17, 2025 | Mar 31, 2025 | $0.4500 | regular |
| Dec 17, 2024 | Dec 31, 2024 | $0.4000 | regular |
| Sep 16, 2024 | Sep 30, 2024 | $0.4000 | regular |
| Jun 14, 2024 | Jun 28, 2024 | $0.4000 | regular |
| Mar 14, 2024 | Mar 29, 2024 | $0.4000 | regular |
| Dec 14, 2023 | Dec 29, 2023 | $0.3500 | regular |
| Sep 14, 2023 | Sep 29, 2023 | $0.3500 | regular |
| Jun 15, 2023 | Jun 30, 2023 | $0.3500 | regular |
Income Calculator
At $2.00 / yr per share
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