ResMed Inc.
RMDHealthcare · Stock · quarterly payer
Forward Yield
1.23%
Annual Dividend
$2.40
Payout Ratio
22%
5-Yr Growth
7.7%
Ex-Date
May 14, 2026
Frequency
Quarterly
Summary
As of July 2026, ResMed Inc. (RMD) yields 1.23% ($2.40 per share annually), with a blended fair-value estimate of $176.22 — -10% downside, so it screens as fairly valued. Dividend safety grade: A (88/100). 13 years of dividend growth.
Is RMD a good dividend stock?
YesResMed Inc. (RMD) pays a quarterly dividend yielding 1.23% ($2.40/yr), with 13 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
- 13 consecutive years of dividend growth
- Never cut its dividend on record
- Comfortable payout ratio (22%)
- Strong 7.7% 5-yr dividend growth
- Top-tier dividend safety score
Risks
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 1.23%
- Payout Ratio
- 22%
- Annual Dividend
- $2.40
- 5-Yr Avg Growth
- 7.7%
- Ex-Dividend Date
- May 14, 2026
- Years of Growth
- 13
- Frequency
- quarterly
- Beta
- 0.78
- Market Cap
- $28.3B
- P/E Ratio
- 18.8
- 5-Yr Total Return
- -33%
- 52-Week Range
- $180.27 – $293.81
- Dividend Safety
- A · 88/100
- Ever Cut?
- No
Frequently Asked Questions
RMD Price — Last 12 Months
Daily close
Price Return
1 Year
-29%
3 Years
+22%
5 Years
-33%
52-Week Range
$180.27 – $293.81
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is RMD worth?
Fairly valuedmedium confidenceOur blended fair-value estimate for ResMed Inc. is $176.22 per share, versus a market price of $195.27. That implies the stock is roughly fairly priced.
Fair Value
$176.22
Current Price
$195.27
Gap
-10%
Margin of Safety
-11%
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 8.7% annual free-cash-flow growth. We model 9.8% — below our estimate, leaving room for upside if the business executes.
Assumptions: 8.2% discount rate (CAPM), 9.8% stage-1 growth, 2.5% terminal growth, $10.37 EPS, $2.40 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
RMD Dividend Safety Score
Very 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 |
|---|---|---|---|
| May 14, 2026 | — | $0.6000 | regular |
| Feb 12, 2026 | — | $0.6000 | regular |
| Nov 13, 2025 | — | $0.6000 | regular |
| Aug 14, 2025 | — | $0.6000 | regular |
| May 8, 2025 | — | $0.5300 | regular |
| Feb 13, 2025 | — | $0.5300 | regular |
| Nov 7, 2024 | — | $0.5300 | regular |
| Aug 15, 2024 | — | $0.5300 | regular |
| May 8, 2024 | — | $0.4800 | regular |
| Feb 7, 2024 | — | $0.4800 | regular |
| Nov 8, 2023 | — | $0.4800 | regular |
| Aug 16, 2023 | — | $0.4800 | regular |
| May 10, 2023 | — | $0.4400 | regular |
| Feb 8, 2023 | — | $0.4400 | regular |
Income Calculator
At $2.40 / yr per share
