SmarterDividends
PZZA

Papa John's International, Inc.

PZZA

Consumer Cyclical · Restaurants · Stock · quarterly payer

$18.23

Overvalued · -35% Add to Portfolio

Forward Yield

7.57%

Annual Dividend

$1.38

Payout Ratio

230%

5-Yr Growth

15.4%

Ex-Date

May 18, 2026

Frequency

Quarterly

Key facts about PZZA's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 27, 2026, Papa John's International, Inc. (PZZA) has a forward dividend yield of 7.57%, based on an annual dividend of $1.38 per share and a share price of $18.23.
  • As of Oct 27, 2026, PZZA's dividend safety grade from SmarterDividends is A (81 out of 100), which rates the dividend as very safe.
  • PZZA has never cut its regular dividend in the payment history SmarterDividends has on record.
  • PZZA's most recent ex-dividend date was May 18, 2026, for a dividend of $0.46 per share.
  • As of Oct 27, 2026, PZZA pays out 230% of its trailing 12-month earnings as dividends (its payout ratio).
  • PZZA's dividend has grown at an average rate of 15.4% a year over the past five years.
  • As of Oct 27, 2026, PZZA's 7.57% yield is 199% above its five-year average yield of 2.53%.
  • As of Oct 27, 2026, SmarterDividends' blended fair-value estimate for PZZA is $11.92 per share, 35% below the $18.23 share price, so PZZA screens as overvalued.
  • Papa John's International, Inc. (PZZA) pays its dividend quarterly, 4 times a year.
  • Papa John's International, Inc. (PZZA) has raised its regular dividend 7 times and cut it 0 times across the 52 payments on record since 2013. Its most recent change was a 9.5% increase to $0.460 per share, going ex-dividend on Aug 11, 2023.
Cite this page

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

Summary

As of Oct 27, 2026, Papa John's International, Inc. (PZZA) yields 7.57% ($1.38 a year per share) and has a dividend safety grade of A (81/100).

Is PZZA a good dividend stock?

Yes

Papa John's International, Inc. (PZZA) pays a quarterly dividend yielding 7.57% ($1.38/yr), with 0 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

  • Never cut its dividend on record
  • Strong 15.4% 5-yr dividend growth
  • Top-tier dividend safety score

Risks

  • Elevated payout ratio (230%)
  • Share price is down over the past 5 years

Key Data

Dividend Yield
7.57%
Payout Ratio
230%
Annual Dividend
$1.38
5-Yr Avg Growth
15.4%
Ex-Dividend Date
May 18, 2026
Years of Growth
0
Frequency
quarterly
Beta
1.12
Market Cap
$600.2M
P/E Ratio
22.8
5-Yr Total Return
-85%
52-Week Range
$17.70 – $55.05
Dividend Safety
A · 81/100
Ever Cut?
No

PZZA dividend raises and cuts

Papa John's International, Inc. (PZZA) has raised its regular dividend 7 times and cut it 0 times across the 52 payments on record since 2013. Its most recent change was a 9.5% increase to $0.460 per share, going ex-dividend on Aug 11, 2023.

Ex-dateChangeOld → newMove
Aug 11, 2023Raise$0.420 → $0.460+9.5%
Aug 12, 2022Raise$0.350 → $0.420+20.0%
Aug 13, 2021Raise$0.225 → $0.350+55.6%
Aug 3, 2017Raise$0.200 → $0.225+12.5%
Aug 4, 2016Raise$0.175 → $0.200+14.3%
Aug 7, 2015Raise$0.140 → $0.175+25.0%
Aug 11, 2014Raise$0.125 → $0.140+12.0%
Every PZZA payment →Download every raise and cut (CSV)
PZZA ex-dividend date & scheduleNext ex-date May 18, 2026 · full ex-dividend historyView →PZZA dividend historyEvery payment, totals by year, raises and cutsView →

Frequently Asked Questions

Is PZZA a good dividend stock?

Yes. Papa John's International, Inc. (PZZA) pays a quarterly dividend yielding 7.57% ($1.38/yr), with 0 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 PZZA undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, PZZA's fair value is about $11.92 versus a $18.23 share price — so it looks overvalued (-35% vs. fair value).

Is PZZA's dividend safe?

PZZA has a dividend-safety grade of A (81/100), based on its payout coverage, free-cash-flow, 0-year growth streak, a clean no-cut history, debt and yield-versus-history.

What is PZZA's fair value?

Our blended fair-value estimate for PZZA is about $11.92 per share, about 35% below the current $18.23 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is PZZA a buy, hold, or sell?

We don't issue formal ratings, but on the data PZZA screens as "yes" and overvalued. Papa John's International, Inc. (PZZA) pays a quarterly dividend yielding 7.57% ($1.38/yr), with 0 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 PZZA cut its dividend?

PZZA earns a dividend-safety grade of A (81/100), 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 PZZA pay a dividend?

Yes. Papa John's International, Inc. pays a quarterly dividend of about $1.38 per share annually, a forward yield of roughly 7.57%.

What is PZZA's dividend yield?

As of Oct 27, 2026, PZZA's forward dividend yield is 7.57%, based on a $1.38 annual dividend and a $18.23 share price.

What is PZZA's dividend per share?

As of Oct 27, 2026, PZZA pays $1.38 per share per year, distributed on a quarterly basis.

What is PZZA's dividend payout ratio?

As of Oct 27, 2026, PZZA's payout ratio is 230% of trailing 12-month earnings — an elevated level worth watching, as it leaves less cushion if earnings dip.

How many years has PZZA grown its dividend?

PZZA does not currently have a long dividend-growth streak on record.

When is the next PZZA ex-dividend date?

As of Oct 27, 2026, PZZA's next ex-dividend date hasn't been announced. The most recent was May 18, 2026, for $0.46 per share.

Income Calculator

At $1.38 / yr per share

Per payment (quarterly)$34.50
Annual$138.00
Monthly avg$11.50

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