
Sanofi (SNY) Dividend
Sanofi · Healthcare · Drug Manufacturers - General · annual payer
As of Nov 5, 2026, Sanofi (SNY) pays an annual dividend of $2.4220 per share, or $2.42 a year, a 5.10% yield at its $47.37 share price. It pays once a year, usually in June. It has raised its dividend 3 years in a row and has a dividend safety grade of C.
Forward Yield
5.10%
Annual Dividend
$2.42
Payout Ratio
120%
5-Yr Growth
4.8%
Ex-Date
May 4, 2026
Frequency
Annual
Key facts about SNY's dividend
Data as of · Source: SmarterDividends data
- As of Nov 5, 2026, Sanofi (SNY) has a forward dividend yield of 5.10%, based on an annual dividend of $2.42 per share and a share price of $47.37.
- As of Nov 5, 2026, SNY's dividend safety grade from SmarterDividends is C (52 out of 100), which rates the dividend as borderline.
- By SmarterDividends' count, Sanofi (SNY) has raised its dividend for 3 consecutive years as of Nov 5, 2026.
- SNY last cut its regular dividend in 2022.
- SNY's most recent ex-dividend date was May 4, 2026, for a dividend of $2.42 per share.
- As of Nov 5, 2026, SNY pays out 120% of its trailing 12-month earnings as dividends (its payout ratio).
- SNY's dividend has grown at an average rate of 4.8% a year over the past five years.
- As of Nov 5, 2026, SNY's 5.10% yield is 26% above its five-year average yield of 4.04%.
- As of Nov 5, 2026, SmarterDividends' blended fair-value estimate for SNY is $63.61 per share, 34% above the $47.37 share price, so SNY screens as undervalued.
- Sanofi (SNY) pays its dividend annual, once a year.
Cite this page
SmarterDividends, "SNY Dividend: Yield, Safety Grade & Next Ex-Date," updated Nov 5, 2026, https://smarterdividends.com/stocks/SNY
Is SNY a good dividend stock?
MixedSanofi (SNY) pays a annual dividend yielding 5.10% ($2.42/yr), with 3 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.
Advantages
Risks
- Cut its dividend in 2022
- Elevated payout ratio (120%)
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 5.10%
- Payout Ratio
- 120%
- Annual Dividend
- $2.42
- 5-Yr Avg Growth
- 4.8%
- Ex-Dividend Date
- May 4, 2026
- Years of Growth
- 3
- Frequency
- annual
- Beta
- 0.27
- Market Cap
- $113.5B
- P/E Ratio
- 23.6
- 5-Yr Total Return
- -7%
- 52-Week Range
- $39.07 – $52.68
- Dividend Safety
- C · 52/100
- Ever Cut?
- Yes (2022)
SNY dividend changes
Sanofi (SNY) pays a variable dividend: across the 26 payments on record since 2003, 17 were higher than the one before and 6 lower. The latest change was up 9.5% to $2.42 per share, going ex-dividend on May 4, 2026.
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| May 4, 2026 | Higher | $2.21 → $2.42 | +9.5% |
| May 9, 2025 | Higher | $2.04 → $2.21 | +8.6% |
| May 9, 2024 | Higher | $1.90 → $2.04 | +7.0% |
| May 30, 2023 | Higher | $0.297 → $1.90 | +540.7% |
| May 26, 2022 | Lower | $1.75 → $0.297 | −83.0% |
| May 4, 2022 | Lower | $1.91 → $1.75 | −8.3% |
| May 3, 2021 | Higher | $1.75 → $1.91 | +8.7% |
| Apr 30, 2020 | Higher | $1.74 → $1.75 | +0.8% |
| May 7, 2019 | Higher | $1.58 → $1.74 | +10.3% |
| May 11, 2017 | Lower | $1.63 → $1.58 | −3.3% |
| May 5, 2016 | Higher | $1.62 → $1.63 | +0.7% |
| May 6, 2015 | Lower | $1.91 → $1.62 | −15.3% |
Frequently Asked Questions
Is SNY a good dividend stock?
Mixed. Sanofi (SNY) pays a annual dividend yielding 5.10% ($2.42/yr), with 3 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.
Is SNY undervalued?
Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, SNY's fair value is about $63.61 versus a $47.37 share price — so it looks undervalued (+34% vs. fair value).
Is SNY's dividend safe?
SNY has a dividend-safety grade of C (52/100), based on its payout coverage, free-cash-flow, 3-year growth streak, a dividend cut in 2022, debt and yield-versus-history.
What is SNY's fair value?
Our blended fair-value estimate for SNY is about $63.61 per share, roughly 34% above the current $47.37 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.
Is SNY a buy, hold, or sell?
We don't issue formal ratings, but on the data SNY screens as "mixed" and undervalued. Sanofi (SNY) pays a annual dividend yielding 5.10% ($2.42/yr), with 3 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal. This is research for your own analysis, not investment advice.
Will SNY cut its dividend?
SNY earns a dividend-safety grade of C (52/100), and has cut its dividend before (last in 2022). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.
Does SNY pay a dividend?
Yes. Sanofi pays a annual dividend of about $2.42 per share annually, a forward yield of roughly 5.10%.
How much dividend does 100 shares of SNY pay?
At $2.42 per share a year, 100 shares of SNY pay $242.00 a year in dividends before tax, about $242.00 each year. Buying them costs about $4,737 at the Nov 5, 2026 price.
What is SNY's dividend yield?
As of Nov 5, 2026, SNY's forward dividend yield is 5.10%, based on a $2.42 annual dividend and a $47.37 share price.
What is SNY's dividend per share?
As of Nov 5, 2026, SNY pays $2.42 per share per year, distributed on a annual basis.
What is SNY's dividend payout ratio?
As of Nov 5, 2026, SNY's payout ratio is 120% of trailing 12-month earnings — an elevated level worth watching, as it leaves less cushion if earnings dip.
How many years has SNY grown its dividend?
As of Nov 5, 2026, SNY has increased its dividend for 3 consecutive years.
When is the next SNY ex-dividend date?
As of Nov 5, 2026, SNY's next ex-dividend date hasn't been announced. The most recent was May 4, 2026, for $2.42 per share.
SNY Price — Last 12 Months
Daily close
Price Return
1 Year
-11%
3 Years
-5%
5 Years
-7%
52-Week Range
$39.07 – $52.68
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is SNY worth?
Undervaluedhigh confidenceOur blended fair-value estimate for Sanofi is $63.61 per share, versus a market price of $47.37. That implies 34% of upside — a margin of safety of about 26%.
Fair Value
$63.61
Current Price
$47.37
Upside
+34%
Margin of Safety
26%
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 -0.3% annual free-cash-flow growth. We model 7.9% — below our estimate, leaving room for upside if the business executes.
Assumptions: 8.0% discount rate (CAPM), 7.9% growth for five years fading to 2.5% over the next five, $2.01 EPS, $2.42 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
SNY 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 SNY dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| May 4, 2026 | Jun 3, 2026 | $2.4220 | regular |
| May 9, 2025 | Jun 12, 2025 | $2.2120 | regular |
| May 9, 2024 | Jun 6, 2024 | $2.0370 | regular |
| May 30, 2023 | Jun 23, 2023 | $1.9030 | regular |
| May 26, 2022 | Jun 27, 2022 | $0.2970 | regular |
| May 4, 2022 | May 31, 2022 | $1.7470 | regular |
| May 3, 2021 | May 26, 2021 | $1.9060 | regular |
| Apr 30, 2020 | May 26, 2020 | $1.7530 | regular |
| May 7, 2019 | May 31, 2019 | $1.7390 | regular |
| May 9, 2018 | Jun 4, 2018 | $1.8610 | regular |
| May 11, 2017 | Jun 7, 2017 | $1.5770 | regular |
| May 5, 2016 | Jun 1, 2016 | $1.6300 | regular |
| May 6, 2015 | Jun 2, 2015 | $1.6180 | regular |
| May 7, 2014 | Jun 5, 2014 | $1.9100 | regular |
Income Calculator
At $2.42 / yr per share
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