
Spok Holdings, Inc.
SPOKHealthcare · Health Information Services · Stock · quarterly payer
Forward Yield
11.80%
Annual Dividend
$1.25
Payout Ratio
219%
5-Yr Growth
20.2%
Ex-Date
Aug 19, 2026
Frequency
Quarterly
Key facts about SPOK's dividend
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, Spok Holdings, Inc. (SPOK) has a forward dividend yield of 11.80%, based on an annual dividend of $1.25 per share and a share price of $10.61.
- As of Oct 18, 2026, SPOK's dividend safety grade from SmarterDividends is C (62 out of 100), which rates the dividend as borderline.
- SPOK last cut its regular dividend in 2013.
- SPOK's most recent ex-dividend date was Aug 19, 2026, for a dividend of $0.31 per share.
- As of Oct 18, 2026, SPOK pays out 219% of its trailing 12-month earnings as dividends (its payout ratio).
- SPOK's dividend has grown at an average rate of 20.2% a year over the past five years.
- As of Oct 18, 2026, SPOK's 11.80% yield is 27% above its five-year average yield of 9.28%.
- As of Oct 18, 2026, SmarterDividends' blended fair-value estimate for SPOK is $15.89 per share, 50% above the $10.61 share price, so SPOK screens as undervalued.
- Spok Holdings, Inc. (SPOK) pays its dividend quarterly, 4 times a year.
- Spok Holdings, Inc. (SPOK) has raised its regular dividend 1 time and cut it 2 times across the 83 payments on record since 2005. Its most recent change was a 150.4% increase to $0.313 per share, going ex-dividend on Mar 15, 2022. The last cut went ex-dividend on Aug 15, 2012.
Cite this page
SmarterDividends, "SPOK Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 18, 2026, https://smarterdividends.com/stocks/SPOK
Summary
As of Oct 18, 2026, Spok Holdings, Inc. (SPOK) yields 11.80% ($1.25 a year per share) and has a dividend safety grade of C (62/100).
Is SPOK a good dividend stock?
Yes, with caveatsSpok Holdings, Inc. (SPOK) pays a quarterly dividend yielding 11.80% ($1.25/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
- Strong 20.2% 5-yr dividend growth
Risks
- Cut its dividend in 2013
- Elevated payout ratio (219%)
- Very high yield can signal elevated risk
Key Data
- Dividend Yield
- 11.80%
- Payout Ratio
- 219%
- Annual Dividend
- $1.25
- 5-Yr Avg Growth
- 20.2%
- Ex-Dividend Date
- Aug 19, 2026
- Years of Growth
- 0
- Frequency
- quarterly
- Beta
- 0.45
- Market Cap
- $221.9M
- P/E Ratio
- 18.6
- 5-Yr Total Return
- 10%
- 52-Week Range
- $9.95 – $16.45
- Dividend Safety
- C · 62/100
- Ever Cut?
- Yes (2013)
SPOK dividend raises and cuts
Spok Holdings, Inc. (SPOK) has raised its regular dividend 1 time and cut it 2 times across the 83 payments on record since 2005. Its most recent change was a 150.4% increase to $0.313 per share, going ex-dividend on Mar 15, 2022. The last cut went ex-dividend on Aug 15, 2012.
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| Mar 15, 2022 | Raise | $0.125 → $0.313 | +150.4% |
| Aug 15, 2012 | Cut | $0.250 → $0.125 | −50.0% |
| May 15, 2008 | Cut | $0.650 → $0.250 | −61.5% |
Frequently Asked Questions
Is SPOK a good dividend stock?
Yes, with caveats. Spok Holdings, Inc. (SPOK) pays a quarterly dividend yielding 11.80% ($1.25/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.
Is SPOK undervalued?
Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, SPOK's fair value is about $15.89 versus a $10.61 share price — so it looks undervalued (+50% vs. fair value).
Is SPOK's dividend safe?
SPOK has a dividend-safety grade of C (62/100), based on its payout coverage, free-cash-flow, 0-year growth streak, a dividend cut in 2013, debt and yield-versus-history.
What is SPOK's fair value?
Our blended fair-value estimate for SPOK is about $15.89 per share, roughly 50% above the current $10.61 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.
Is SPOK a buy, hold, or sell?
We don't issue formal ratings, but on the data SPOK screens as "yes, with caveats" and undervalued. Spok Holdings, Inc. (SPOK) pays a quarterly dividend yielding 11.80% ($1.25/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. This is research for your own analysis, not investment advice.
Will SPOK cut its dividend?
SPOK earns a dividend-safety grade of C (62/100), and has cut its dividend before (last in 2013). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.
Does SPOK pay a dividend?
Yes. Spok Holdings, Inc. pays a quarterly dividend of about $1.25 per share annually, a forward yield of roughly 11.80%.
What is SPOK's dividend yield?
As of Oct 18, 2026, SPOK's forward dividend yield is 11.80%, based on a $1.25 annual dividend and a $10.61 share price.
What is SPOK's dividend per share?
As of Oct 18, 2026, SPOK pays $1.25 per share per year, distributed on a quarterly basis.
What is SPOK's dividend payout ratio?
As of Oct 18, 2026, SPOK's payout ratio is 219% of trailing 12-month earnings — an elevated level worth watching, as it leaves less cushion if earnings dip.
How many years has SPOK grown its dividend?
SPOK does not currently have a long dividend-growth streak on record.
When is the next SPOK ex-dividend date?
As of Oct 18, 2026, SPOK's next ex-dividend date hasn't been announced. The most recent was Aug 19, 2026, for $0.31 per share.
SPOK Price — Last 12 Months
Daily close
Price Return
1 Year
-20%
3 Years
-37%
5 Years
+10%
52-Week Range
$9.95 – $16.45
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is SPOK worth?
Undervaluedmedium confidenceOur blended fair-value estimate for Spok Holdings, Inc. is $15.89 per share, versus a market price of $10.61. That implies 50% of upside — a margin of safety of about 33%.
Fair Value
$15.89
Current Price
$10.61
Upside
+50%
Margin of Safety
33%
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 -10.0% annual free-cash-flow growth. We model 0.0% — below our estimate, leaving room for upside if the business executes.
Assumptions: 8.0% discount rate (CAPM), 0.0% growth for five years fading to 2.5% over the next five, $0.57 EPS, $1.25 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
SPOK 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 SPOK dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Aug 19, 2026 | Sep 9, 2026 | $0.3130 | regular |
| May 26, 2026 | Jun 24, 2026 | $0.3130 | regular |
| Mar 16, 2026 | Mar 31, 2026 | $0.3130 | regular |
| Nov 18, 2025 | Dec 9, 2025 | $0.3130 | regular |
| Aug 19, 2025 | Sep 9, 2025 | $0.3130 | regular |
| May 23, 2025 | Jun 24, 2025 | $0.3130 | regular |
| Mar 14, 2025 | Mar 31, 2025 | $0.3130 | regular |
| Nov 18, 2024 | Dec 9, 2024 | $0.3130 | regular |
| Aug 19, 2024 | Sep 9, 2024 | $0.3130 | regular |
| May 23, 2024 | Jun 24, 2024 | $0.3130 | regular |
| Mar 14, 2024 | Mar 29, 2024 | $0.3130 | regular |
| Nov 15, 2023 | Dec 8, 2023 | $0.3130 | regular |
| Aug 16, 2023 | Sep 8, 2023 | $0.3130 | regular |
| May 24, 2023 | Jun 23, 2023 | $0.3130 | regular |
Income Calculator
At $1.25 / yr per share
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