Koninklijke Philips N.V.
PHGHealthcare · Stock · annual payer
Forward Yield
3.87%
Annual Dividend
$1.01
Payout Ratio
85%
5-Yr Growth
—
Ex-Date
May 13, 2026
Frequency
Annual
Summary
As of July 2026, Koninklijke Philips N.V. (PHG) yields 3.87% ($1.01 per share annually), with a blended fair-value estimate of $27.33 — +4% upside, so it screens as fairly valued. Dividend safety grade: C (56/100). 1 years of dividend growth.
Is PHG a good dividend stock?
MixedKoninklijke Philips N.V. (PHG) pays a annual dividend yielding 3.87% ($1.01/yr), with 1 year of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.
Advantages
Risks
- Cut its dividend in 2022
- Elevated payout ratio (85%)
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 3.87%
- Payout Ratio
- 85%
- Annual Dividend
- $1.01
- 5-Yr Avg Growth
- —
- Ex-Dividend Date
- May 13, 2026
- Years of Growth
- 1
- Frequency
- annual
- Beta
- 0.92
- Market Cap
- $25.4B
- P/E Ratio
- 23.0
- 5-Yr Total Return
- -43%
- 52-Week Range
- $25.10 – $33.44
- Dividend Safety
- C · 56/100
- Ever Cut?
- Yes (2022)
Frequently Asked Questions
PHG Price — Last 12 Months
Daily close
Price Return
1 Year
-5%
3 Years
+17%
5 Years
-43%
52-Week Range
$25.10 – $33.44
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is PHG worth?
Fairly valuedhigh confidenceOur blended fair-value estimate for Koninklijke Philips N.V. is $27.33 per share, versus a market price of $26.17. That implies the stock is roughly fairly priced.
Fair Value
$27.33
Current Price
$26.17
Gap
+4%
Margin of Safety
4%
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 10.1% annual free-cash-flow growth. We model 11.1% — below our estimate, leaving room for upside if the business executes.
Assumptions: 8.9% discount rate (CAPM), 11.1% stage-1 growth, 2.5% terminal growth, $1.14 EPS, $1.01 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
PHG Dividend Safety Score
Borderline
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 |
|---|---|---|---|
| May 13, 2026 | — | $1.0130 | regular |
| May 13, 2025 | — | $0.9670 | regular |
| May 12, 2022 | — | $0.9640 | regular |
| May 10, 2021 | — | $1.0330 | regular |
| May 13, 2019 | — | $0.9600 | regular |
| May 7, 2018 | — | $0.9920 | regular |
| May 12, 2017 | — | $0.8630 | regular |
| May 13, 2016 | — | $0.8830 | regular |
| May 8, 2015 | — | $0.9090 | regular |
| May 5, 2014 | — | $1.0980 | regular |
| May 7, 2013 | — | $0.9820 | regular |
| May 2, 2012 | — | $0.9980 | regular |
| Apr 4, 2011 | — | $1.0170 | regular |
| Mar 29, 2010 | — | $0.9510 | regular |
Income Calculator
At $1.01 / yr per share
