SmarterDividends
STE

STERIS (STE) Dividend

20 yrs growth

STERIS plc · Healthcare · Medical Devices · quarterly payer

$253.41

Overvalued · -24% Add to Portfolio

As of Nov 5, 2026, STERIS (STE) pays a quarterly dividend of $0.69 per share, or $2.76 a year, a 1.11% yield at its $253.41 share price. The next ex-dividend date is Nov 17, 2026, paid Dec 17, 2026. It has raised its dividend 20 years in a row and has a dividend safety grade of A.

Forward Yield

1.11%

Annual Dividend

$2.76

Payout Ratio

31%

5-Yr Growth

8.9%

Ex-Date

Nov 17, 2026

Frequency

Quarterly

Key facts about STE's dividend

Data as of · Source: SmarterDividends data

  • As of Nov 5, 2026, STERIS plc (STE) has a forward dividend yield of 1.11%, based on an annual dividend of $2.76 per share and a share price of $253.41.
  • As of Nov 5, 2026, STE's dividend safety grade from SmarterDividends is A (94 out of 100), which rates the dividend as very safe.
  • By SmarterDividends' count, STERIS plc (STE) has raised its dividend for 20 consecutive years as of Nov 5, 2026.
  • STE has never cut its regular dividend in the payment history SmarterDividends has on record.
  • STE's next ex-dividend date is Nov 17, 2026, with payment on Dec 17, 2026. Shares must be owned before that date to receive the dividend.
  • As of Nov 5, 2026, STE pays out 31% of its trailing 12-month earnings as dividends (its payout ratio).
  • STE's dividend has grown at an average rate of 8.9% a year over the past five years.
  • As of Nov 5, 2026, STE's 1.11% yield is 28% above its five-year average yield of 0.87%.
  • As of Nov 5, 2026, SmarterDividends' blended fair-value estimate for STE is $192.08 per share, 24% below the $253.41 share price, so STE screens as overvalued.
  • STERIS plc (STE) pays its dividend quarterly, 4 times a year.
  • STERIS plc (STE) has raised its regular dividend 21 times and cut it 0 times across the 85 payments on record since 2005. Its most recent change was a 9.5% increase to $0.690 per share, going ex-dividend on Sep 4, 2026.
  • STERIS (STE) has declared its first higher dividend of the year in July in 4 of the last 5 years; its most recent raise, 9.5%, was declared on Jul 30, 2026.
Cite this page

SmarterDividends, "STE Dividend: Yield, Safety Grade & Next Ex-Date," updated Nov 5, 2026, https://smarterdividends.com/stocks/STE

Is STE a good dividend stock?

Yes

STERIS plc (STE) pays a quarterly dividend yielding 1.11% ($2.76/yr), with 20 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

  • 20 consecutive years of dividend growth
  • Never cut its dividend on record
  • Comfortable payout ratio (31%)
  • Strong 8.9% 5-yr dividend growth
  • Top-tier dividend safety score

Risks

  • Single-stock concentration risk — diversify

Key Data

Dividend Yield
1.11%
Payout Ratio
31%
Annual Dividend
$2.76
5-Yr Avg Growth
8.9%
Ex-Dividend Date
Nov 17, 2026
Years of Growth
20
Frequency
quarterly
Beta
0.86
Market Cap
$24.7B
P/E Ratio
31.0
5-Yr Total Return
4%
52-Week Range
$195.14 – $269.44
Dividend Safety
A · 94/100
Ever Cut?
No

STE dividend raises and cuts

STERIS plc (STE) has raised its regular dividend 21 times and cut it 0 times across the 85 payments on record since 2005. Its most recent change was a 9.5% increase to $0.690 per share, going ex-dividend on Sep 4, 2026.

Ex-dateChangeOld → newMove
Sep 4, 2026Raise$0.630 → $0.690+9.5%
Sep 4, 2025Raise$0.570 → $0.630+10.5%
Sep 5, 2024Raise$0.520 → $0.570+9.6%
Sep 5, 2023Raise$0.470 → $0.520+10.6%
Sep 6, 2022Raise$0.430 → $0.470+9.3%
Sep 2, 2021Raise$0.400 → $0.430+7.5%
Aug 26, 2020Raise$0.370 → $0.400+8.1%
Sep 9, 2019Raise$0.340 → $0.370+8.8%
Aug 28, 2018Raise$0.310 → $0.340+9.7%
Aug 25, 2017Raise$0.280 → $0.310+10.7%
Aug 26, 2016Raise$0.250 → $0.280+12.0%
Aug 21, 2015Raise$0.230 → $0.250+8.7%
Show all 21 changes since 2006
Ex-dateChangeOld → newMove
Aug 22, 2014Raise$0.210 → $0.230+9.5%
Aug 26, 2013Raise$0.190 → $0.210+10.5%
Aug 21, 2012Raise$0.170 → $0.190+11.8%
Aug 19, 2011Raise$0.150 → $0.170+13.3%
Aug 20, 2010Raise$0.110 → $0.150+36.4%
May 19, 2009Raise$0.0800 → $0.110+37.5%
Aug 12, 2008Raise$0.0600 → $0.0800+33.3%
Aug 13, 2007Raise$0.0500 → $0.0600+20.0%
Nov 13, 2006Raise$0.0400 → $0.0500+25.0%
Every STE payment →Download every raise and cut (CSV)
STE ex-dividend date & scheduleNext ex-date Nov 17, 2026 · full ex-dividend historyView →STE dividend historyEvery payment, totals by year, raises and cutsView →STE dividend calculator100 shares pay $276.00 a year, $69.00 each quarterCalculate →STE total return calculatorWhat $10,000 became, with dividends reinvested or taken as cashSee →

Frequently Asked Questions

Is STE a good dividend stock?

Yes. STERIS plc (STE) pays a quarterly dividend yielding 1.11% ($2.76/yr), with 20 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.

Is STE undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, STE's fair value is about $192.08 versus a $253.41 share price — so it looks overvalued (-24% vs. fair value).

Is STE's dividend safe?

STE has a dividend-safety grade of A (94/100), based on its payout coverage, free-cash-flow, 20-year growth streak, a clean no-cut history, debt and yield-versus-history.

What is STE's fair value?

Our blended fair-value estimate for STE is about $192.08 per share, about 24% below the current $253.41 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is STE a buy, hold, or sell?

We don't issue formal ratings, but on the data STE screens as "yes" and overvalued. STERIS plc (STE) pays a quarterly dividend yielding 1.11% ($2.76/yr), with 20 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding. This is research for your own analysis, not investment advice.

Will STE cut its dividend?

STE earns a dividend-safety grade of A (94/100), with no dividend cut on record. A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does STE pay a dividend?

Yes. STERIS plc pays a quarterly dividend of about $2.76 per share annually, a forward yield of roughly 1.11%.

How much dividend does 100 shares of STE pay?

At $2.76 per share a year, 100 shares of STE pay $276.00 a year in dividends before tax, about $69.00 each quarter. Buying them costs about $25,341 at the Nov 5, 2026 price.

What is STE's dividend yield?

As of Nov 5, 2026, STE's forward dividend yield is 1.11%, based on a $2.76 annual dividend and a $253.41 share price.

What is STE's dividend per share?

As of Nov 5, 2026, STE pays $2.76 per share per year, distributed on a quarterly basis.

What is STE's dividend payout ratio?

As of Nov 5, 2026, STE's payout ratio is 31% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.

How many years has STE grown its dividend?

As of Nov 5, 2026, STE has increased its dividend for 20 consecutive years.

When is the next STE ex-dividend date?

As of Nov 5, 2026, the next ex-dividend date on record for STE is Nov 17, 2026.

STE Dividend News

STE
IncreaseSTE·Sep 5, 2026

STERIS Raises Quarterly Dividend 9.5% to $0.69

STERIS lifted its quarterly dividend 9.5% to $0.69, extending a 21-year growth run while a 31% payout ratio leaves earnings coverage conservative.

Income Calculator

At $2.76 / yr per share

Per payment (quarterly)$69.00
Annual$276.00
Monthly avg$23.00
Full STE dividend calculator →

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