
Smith & Nephew plc
SNNUFHealthcare · Medical Devices · Stock · semiannual payer
Forward Yield
2.98%
Annual Dividend
$0.40
Payout Ratio
53%
5-Yr Growth
4.3%
Ex-Date
Oct 1, 2026
Frequency
Semiannual
Key facts about SNNUF's dividend
Data as of · Source: SmarterDividends data
- As of Oct 15, 2026, Smith & Nephew plc (SNNUF) has a forward dividend yield of 2.98%, based on an annual dividend of $0.40 per share and a share price of $13.33.
- As of Oct 15, 2026, SNNUF's dividend safety grade from SmarterDividends is C (59 out of 100), which rates the dividend as borderline.
- SNNUF last cut its regular dividend in 2016.
- SNNUF's most recent ex-dividend date was Oct 1, 2026, for a dividend of $0.16 per share.
- As of Oct 15, 2026, SNNUF pays out 53% of its trailing 12-month earnings as dividends (its payout ratio).
- SNNUF's dividend has grown at an average rate of 4.3% a year over the past five years.
- As of Oct 15, 2026, SNNUF's 2.98% yield is 29% above its five-year average yield of 2.30%.
- As of Oct 15, 2026, SmarterDividends' blended fair-value estimate for SNNUF is $16.13 per share, 21% above the $13.33 share price, so SNNUF screens as undervalued.
- Smith & Nephew plc (SNNUF) pays its dividend semiannual, 2 times a year.
Cite this page
SmarterDividends, "SNNUF Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 15, 2026, https://smarterdividends.com/stocks/SNNUF
Summary
As of Oct 15, 2026, Smith & Nephew plc (SNNUF) yields 2.98% ($0.40 a year per share) and has a dividend safety grade of C (59/100).
Is SNNUF a good dividend stock?
Yes, with caveatsSmith & Nephew plc (SNNUF) pays a semiannual dividend yielding 2.98% ($0.40/yr), with 1 year of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.
Advantages
- Comfortable payout ratio (53%)
Risks
- Cut its dividend in 2016
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 2.98%
- Payout Ratio
- 53%
- Annual Dividend
- $0.40
- 5-Yr Avg Growth
- 4.3%
- Ex-Dividend Date
- Oct 1, 2026
- Years of Growth
- 1
- Frequency
- semiannual
- Beta
- 0.67
- Market Cap
- $11.2B
- P/E Ratio
- 18.3
- 5-Yr Total Return
- -24%
- 52-Week Range
- $12.83 – $18.50
- Dividend Safety
- C · 59/100
- Ever Cut?
- Yes (2016)
Frequently Asked Questions
Is SNNUF a good dividend stock?
Yes, with caveats. Smith & Nephew plc (SNNUF) pays a semiannual dividend yielding 2.98% ($0.40/yr), with 1 year of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.
Is SNNUF undervalued?
Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, SNNUF's fair value is about $16.13 versus a $13.33 share price — so it looks undervalued (+21% vs. fair value).
Is SNNUF's dividend safe?
SNNUF has a dividend-safety grade of C (59/100), based on its payout coverage, free-cash-flow, 1-year growth streak, a dividend cut in 2016, debt and yield-versus-history.
What is SNNUF's fair value?
Our blended fair-value estimate for SNNUF is about $16.13 per share, roughly 21% above the current $13.33 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.
Is SNNUF a buy, hold, or sell?
We don't issue formal ratings, but on the data SNNUF screens as "yes, with caveats" and undervalued. Smith & Nephew plc (SNNUF) pays a semiannual dividend yielding 2.98% ($0.40/yr), with 1 year 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 SNNUF cut its dividend?
SNNUF earns a dividend-safety grade of C (59/100), and has cut its dividend before (last in 2016). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.
Does SNNUF pay a dividend?
Yes. Smith & Nephew plc pays a semiannual dividend of about $0.40 per share annually, a forward yield of roughly 2.98%.
What is SNNUF's dividend yield?
As of Oct 15, 2026, SNNUF's forward dividend yield is 2.98%, based on a $0.40 annual dividend and a $13.33 share price.
What is SNNUF's dividend per share?
As of Oct 15, 2026, SNNUF pays $0.40 per share per year, distributed on a semiannual basis.
What is SNNUF's dividend payout ratio?
As of Oct 15, 2026, SNNUF's payout ratio is 53% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.
How many years has SNNUF grown its dividend?
As of Oct 15, 2026, SNNUF has increased its dividend for 1 consecutive years.
When is the next SNNUF ex-dividend date?
As of Oct 15, 2026, SNNUF's next ex-dividend date hasn't been announced. The most recent was Oct 1, 2026, for $0.16 per share.
SNNUF Price — Last 12 Months
Daily close
Price Return
1 Year
-19%
3 Years
+23%
5 Years
-24%
52-Week Range
$12.83 – $18.50
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is SNNUF worth?
Undervaluedhigh confidenceOur blended fair-value estimate for Smith & Nephew plc is $16.13 per share, versus a market price of $13.33. That implies 21% of upside — a margin of safety of about 17%.
Fair Value
$16.13
Current Price
$13.33
Upside
+21%
Margin of Safety
17%
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 8.0% annual free-cash-flow growth. We model 12.0% — below our estimate, leaving room for upside if the business executes.
Assumptions: 8.0% discount rate (CAPM), 12.0% growth for five years fading to 2.5% over the next five, $0.73 EPS, $0.40 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
SNNUF 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 SNNUF dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Oct 1, 2026 | Nov 6, 2026 | $0.1560 | regular |
| Mar 26, 2026 | — | $0.2410 | regular |
| Mar 27, 2025 | — | $0.2310 | regular |
| Oct 3, 2024 | — | $0.1440 | regular |
| Mar 28, 2024 | May 22, 2024 | $0.2310 | regular |
| Oct 5, 2023 | Nov 1, 2023 | $0.1440 | regular |
| Mar 30, 2023 | May 17, 2023 | $0.2310 | regular |
| Sep 29, 2022 | Oct 26, 2022 | $0.1440 | regular |
| Mar 31, 2022 | May 11, 2022 | $0.2310 | regular |
| Sep 30, 2021 | Oct 27, 2021 | $0.1440 | regular |
| Apr 1, 2021 | May 12, 2021 | $0.2310 | regular |
| Oct 1, 2020 | Oct 28, 2020 | $0.1440 | regular |
| Apr 2, 2020 | May 6, 2020 | $0.2310 | regular |
| Oct 3, 2019 | Oct 30, 2019 | $0.1410 | regular |
Income Calculator
At $0.40 / yr per share
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