Constellation Brands, Inc.
STZConsumer Defensive · Stock · quarterly payer
Forward Yield
3.46%
Annual Dividend
$4.12
Payout Ratio
39%
5-Yr Growth
6.3%
Ex-Date
Jul 30, 2026
Frequency
Quarterly
Summary
As of September 2026, Constellation Brands, Inc. (STZ) yields 3.46% ($4.12 per share annually), with a blended fair-value estimate of $185.14 — +56% upside, so it screens as undervalued. Dividend safety grade: A (80/100). 10 years of dividend growth.
Is STZ a good dividend stock?
YesConstellation Brands, Inc. (STZ) pays a quarterly dividend yielding 3.46% ($4.12/yr), with 10 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
- 10 consecutive years of dividend growth
- Never cut its dividend on record
- Comfortable payout ratio (39%)
- Strong 6.3% 5-yr dividend growth
- Top-tier dividend safety score
Risks
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 3.46%
- Payout Ratio
- 39%
- Annual Dividend
- $4.12
- 5-Yr Avg Growth
- 6.3%
- Ex-Dividend Date
- Jul 30, 2026
- Years of Growth
- 10
- Frequency
- quarterly
- Beta
- 0.40
- Market Cap
- $20.3B
- P/E Ratio
- 11.3
- 5-Yr Total Return
- -45%
- 52-Week Range
- $118.91 – $168.60
- Dividend Safety
- A · 80/100
- Ever Cut?
- No
Frequently Asked Questions
STZ Price — Last 12 Months
Daily close
Price Return
1 Year
-9%
3 Years
-49%
5 Years
-45%
52-Week Range
$118.91 – $168.60
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is STZ worth?
Undervaluedmedium confidenceOur blended fair-value estimate for Constellation Brands, Inc. is $185.14 per share, versus a market price of $118.97. That implies 56% of upside — a margin of safety of about 36%.
Fair Value
$185.14
Current Price
$118.97
Upside
+56%
Margin of Safety
36%
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 -3.1% annual free-cash-flow growth. We model 6.7% — below our estimate, leaving room for upside if the business executes.
Assumptions: 7.0% discount rate (CAPM), 6.7% stage-1 growth, 2.5% terminal growth, $10.51 EPS, $4.12 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
STZ Dividend Safety Score
Very Safe
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
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Jul 30, 2026 | — | $1.0300 | regular |
| Apr 29, 2026 | — | $1.0300 | regular |
| Jan 29, 2026 | — | $1.0200 | regular |
| Oct 30, 2025 | — | $1.0200 | regular |
| Jul 30, 2025 | — | $1.0200 | regular |
| Apr 29, 2025 | — | $1.0200 | regular |
| Feb 7, 2025 | — | $1.0100 | regular |
| Nov 5, 2024 | — | $1.0100 | regular |
| Aug 14, 2024 | — | $1.0100 | regular |
| May 2, 2024 | — | $1.0100 | regular |
| Feb 7, 2024 | — | $0.8900 | regular |
| Nov 2, 2023 | — | $0.8900 | regular |
| Aug 9, 2023 | — | $0.8900 | regular |
| May 3, 2023 | — | $0.8900 | regular |
Income Calculator
At $4.12 / yr per share
