Papa John's International, Inc.
PZZAConsumer Cyclical · Stock · quarterly payer
Forward Yield
5.60%
Annual Dividend
$1.84
Payout Ratio
222%
5-Yr Growth
15.4%
Ex-Date
May 18, 2026
Frequency
Quarterly
Summary
As of July 2026, Papa John's International, Inc. (PZZA) yields 5.60% ($1.84 per share annually), with a blended fair-value estimate of $21.01 — -36% downside, so it screens as overvalued. Dividend safety grade: C (65/100).
Is PZZA a good dividend stock?
Yes, with caveatsPapa John's International, Inc. (PZZA) pays a quarterly dividend yielding 5.60% ($1.84/yr), with 0 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.
Advantages
- Never cut its dividend on record
- Strong 15.4% 5-yr dividend growth
Risks
- Elevated payout ratio (222%)
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 5.60%
- Payout Ratio
- 222%
- Annual Dividend
- $1.84
- 5-Yr Avg Growth
- 15.4%
- Ex-Dividend Date
- May 18, 2026
- Years of Growth
- 0
- Frequency
- quarterly
- Beta
- 1.11
- Market Cap
- $1.1B
- P/E Ratio
- 39.7
- 5-Yr Total Return
- -74%
- 52-Week Range
- $29.55 – $55.74
- Dividend Safety
- C · 65/100
- Ever Cut?
- No
Frequently Asked Questions
PZZA Price — Last 12 Months
Daily close
Price Return
1 Year
-33%
3 Years
-57%
5 Years
-74%
52-Week Range
$29.55 – $55.74
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is PZZA worth?
Overvaluedmedium confidenceOur blended fair-value estimate for Papa John's International, Inc. is $21.01 per share, versus a market price of $32.86. That implies 36% of downside.
Fair Value
$21.01
Current Price
$32.86
Downside
-36%
Margin of Safety
-56%
How we get there
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 19.9% annual free-cash-flow growth. We model 4.3% — so the price already assumes faster growth than we think is likely.
Assumptions: 9.8% discount rate (CAPM), 4.3% stage-1 growth, 2.5% terminal growth, $0.83 EPS, $1.84 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
PZZA 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 18, 2026 | — | $0.4600 | regular |
| Feb 9, 2026 | — | $0.4600 | regular |
| Nov 17, 2025 | — | $0.4600 | regular |
| Aug 18, 2025 | — | $0.4600 | regular |
| May 19, 2025 | — | $0.4600 | regular |
| Feb 10, 2025 | — | $0.4600 | regular |
| Nov 18, 2024 | — | $0.4600 | regular |
| Aug 19, 2024 | — | $0.4600 | regular |
| May 17, 2024 | — | $0.4600 | regular |
| Feb 9, 2024 | — | $0.4600 | regular |
| Nov 10, 2023 | — | $0.4600 | regular |
| Aug 11, 2023 | — | $0.4600 | regular |
| May 12, 2023 | — | $0.4200 | regular |
| Feb 3, 2023 | — | $0.4200 | regular |
Income Calculator
At $1.84 / yr per share
