Shenandoah Telecommunications Company
SHENCommunication Services · Telecom Services · Stock · annual payer
Forward Yield
1.13%
Annual Dividend
$0.11
Payout Ratio
450%
5-Yr Growth
-20.2%
Ex-Date
Nov 7, 2025
Frequency
Annual
Key facts about SHEN's dividend
Data as of · Source: SmarterDividends data
- As of Oct 22, 2026, Shenandoah Telecommunications Company (SHEN) has a forward dividend yield of 1.13%, based on an annual dividend of $0.11 per share and a share price of $9.76.
- As of Oct 22, 2026, SHEN's dividend safety grade from SmarterDividends is C (58 out of 100), which rates the dividend as borderline.
- By SmarterDividends' count, Shenandoah Telecommunications Company (SHEN) has raised its dividend for 3 consecutive years as of Oct 22, 2026.
- SHEN last cut its regular dividend in 2021.
- SHEN's most recent ex-dividend date was Nov 7, 2025, for a dividend of $0.11 per share.
- As of Oct 22, 2026, SHEN pays out 450% of its trailing 12-month earnings as dividends (its payout ratio).
- SHEN's dividend has shrunk at an average rate of 20.2% a year over the past five years.
- As of Oct 22, 2026, SHEN's 1.13% yield is 89% below its five-year average yield of 10.07%.
- As of Oct 22, 2026, SmarterDividends' blended fair-value estimate for SHEN is $25.47 per share, 161% above the $9.76 share price, so SHEN screens as undervalued.
- Shenandoah Telecommunications Company (SHEN) pays its dividend annual, once a year.
Cite this page
SmarterDividends, "SHEN Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 22, 2026, https://smarterdividends.com/stocks/SHEN
Summary
As of Oct 22, 2026, Shenandoah Telecommunications Company (SHEN) yields 1.13% ($0.11 a year per share), has a dividend safety grade of C (58/100) and has 3 consecutive years of dividend increases on record.
Is SHEN a good dividend stock?
Yes, with caveatsShenandoah Telecommunications Company (SHEN) pays a annual dividend yielding 1.13% ($0.11/yr), with 3 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.
Advantages
Risks
- Cut its dividend in 2021
- Elevated payout ratio (450%)
- Dividend has been shrinking, not growing
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 1.13%
- Payout Ratio
- 450%
- Annual Dividend
- $0.11
- 5-Yr Avg Growth
- -20.2%
- Ex-Dividend Date
- Nov 7, 2025
- Years of Growth
- 3
- Frequency
- annual
- Beta
- 0.75
- Market Cap
- $540.4M
- P/E Ratio
- —
- 5-Yr Total Return
- -59%
- 52-Week Range
- $9.67 – $17.35
- Dividend Safety
- C · 58/100
- Ever Cut?
- Yes (2021)
SHEN dividend changes
Shenandoah Telecommunications Company (SHEN) pays a variable dividend: across the 26 payments on record since 2001, 21 were higher than the one before and 1 lower. The latest change was up 10.0% to $0.110 per share, going ex-dividend on Nov 7, 2025.
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| Nov 7, 2025 | Higher | $0.100 → $0.110 | +10.0% |
| Nov 5, 2024 | Higher | $0.0900 → $0.100 | +11.1% |
| Nov 6, 2023 | Higher | $0.0800 → $0.0900 | +12.5% |
| Nov 4, 2022 | Higher | $0.0700 → $0.0800 | +14.3% |
| Nov 5, 2021 | Lower | $0.340 → $0.0700 | −79.4% |
| Nov 10, 2020 | Higher | $0.290 → $0.340 | +17.2% |
| Nov 13, 2019 | Higher | $0.270 → $0.290 | +7.4% |
| Nov 8, 2018 | Higher | $0.260 → $0.270 | +3.8% |
| Nov 2, 2017 | Higher | $0.250 → $0.260 | +4.0% |
| Nov 2, 2016 | Higher | $0.240 → $0.250 | +4.2% |
| Nov 3, 2015 | Higher | $0.235 → $0.240 | +2.1% |
| Nov 3, 2014 | Higher | $0.180 → $0.235 | +30.6% |
Frequently Asked Questions
Is SHEN a good dividend stock?
Yes, with caveats. Shenandoah Telecommunications Company (SHEN) pays a annual dividend yielding 1.13% ($0.11/yr), with 3 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.
Is SHEN undervalued?
Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, SHEN's fair value is about $25.47 versus a $9.76 share price — so it looks undervalued (+161% vs. fair value).
Is SHEN's dividend safe?
SHEN has a dividend-safety grade of C (58/100), based on its payout coverage, free-cash-flow, 3-year growth streak, a dividend cut in 2021, debt and yield-versus-history.
What is SHEN's fair value?
Our blended fair-value estimate for SHEN is about $25.47 per share, roughly 161% above the current $9.76 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.
Is SHEN a buy, hold, or sell?
We don't issue formal ratings, but on the data SHEN screens as "yes, with caveats" and undervalued. Shenandoah Telecommunications Company (SHEN) pays a annual dividend yielding 1.13% ($0.11/yr), with 3 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying. This is research for your own analysis, not investment advice.
Will SHEN cut its dividend?
SHEN earns a dividend-safety grade of C (58/100), and has cut its dividend before (last in 2021). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.
Does SHEN pay a dividend?
Yes. Shenandoah Telecommunications Company pays a annual dividend of about $0.11 per share annually, a forward yield of roughly 1.13%.
What is SHEN's dividend yield?
As of Oct 22, 2026, SHEN's forward dividend yield is 1.13%, based on a $0.11 annual dividend and a $9.76 share price.
What is SHEN's dividend per share?
As of Oct 22, 2026, SHEN pays $0.11 per share per year, distributed on a annual basis.
What is SHEN's dividend payout ratio?
As of Oct 22, 2026, SHEN's payout ratio is 450% of trailing 12-month earnings — an elevated level worth watching, as it leaves less cushion if earnings dip.
How many years has SHEN grown its dividend?
As of Oct 22, 2026, SHEN has increased its dividend for 3 consecutive years.
When is the next SHEN ex-dividend date?
As of Oct 22, 2026, SHEN's next ex-dividend date hasn't been announced. The most recent was Nov 7, 2025, for $0.11 per share.
SHEN Price — Last 12 Months
Daily close
Price Return
1 Year
-6%
3 Years
-54%
5 Years
-59%
52-Week Range
$9.67 – $17.35
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is SHEN worth?
Undervaluedlow confidenceOur blended fair-value estimate for Shenandoah Telecommunications Company is $25.47 per share, versus a market price of $9.76. That implies 161% of upside — a margin of safety of about 62%.
Fair Value
$25.47
Current Price
$9.76
Upside
+161%
Margin of Safety
62%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
At today's price, the market is pricing in about -8.5% annual free-cash-flow growth. We model 0.0% — below our estimate, leaving room for upside if the business executes.
Assumptions: 8.1% discount rate (CAPM), 0.0% growth for five years fading to 2.5% over the next five, -$0.78 EPS, $0.11 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
SHEN 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
Full SHEN dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Nov 7, 2025 | Dec 1, 2025 | $0.1100 | regular |
| Nov 5, 2024 | Dec 2, 2024 | $0.1000 | regular |
| Nov 6, 2023 | Dec 1, 2023 | $0.0900 | regular |
| Nov 4, 2022 | Dec 1, 2022 | $0.0800 | regular |
| Nov 5, 2021 | Dec 1, 2021 | $0.0700 | regular |
| Aug 3, 2021 | — | $18.7500 | regular |
| Nov 10, 2020 | Dec 1, 2020 | $0.3400 | regular |
| Nov 13, 2019 | Dec 2, 2019 | $0.2900 | regular |
| Nov 8, 2018 | Nov 30, 2018 | $0.2700 | regular |
| Nov 2, 2017 | Dec 1, 2017 | $0.2600 | regular |
| Nov 2, 2016 | Dec 1, 2016 | $0.2500 | regular |
| Nov 3, 2015 | Dec 1, 2015 | $0.2400 | regular |
| Nov 3, 2014 | Dec 1, 2014 | $0.2350 | regular |
| Nov 4, 2013 | Dec 2, 2013 | $0.1800 | regular |
Income Calculator
At $0.11 / yr per share
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