Westinghouse Air Brake Technologies Corporation
WABIndustrials · Stock · quarterly payer
Forward Yield
0.42%
Annual Dividend
$1.24
Payout Ratio
15%
5-Yr Growth
15.8%
Ex-Date
Aug 18, 2026
Frequency
Quarterly
Summary
As of July 2026, Westinghouse Air Brake Technologies Corporation (WAB) yields 0.42% ($1.24 per share annually), with a blended fair-value estimate of $201.23 — -33% downside, so it screens as overvalued. Dividend safety grade: A (97/100). 4 years of dividend growth.
Is WAB a good dividend stock?
YesWestinghouse Air Brake Technologies Corporation (WAB) pays a quarterly dividend yielding 0.42% ($1.24/yr), with 4 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
- Never cut its dividend on record
- Comfortable payout ratio (15%)
- Strong 15.8% 5-yr dividend growth
- 237% total price return over 5 years
- Top-tier dividend safety score
Risks
- Single-stock concentration risk — diversify
Key Data
- Dividend Yield
- 0.42%
- Payout Ratio
- 15%
- Annual Dividend
- $1.24
- 5-Yr Avg Growth
- 15.8%
- Ex-Dividend Date
- Aug 18, 2026
- Years of Growth
- 4
- Frequency
- quarterly
- Beta
- 0.94
- Market Cap
- $51.1B
- P/E Ratio
- 40.7
- 5-Yr Total Return
- 237%
- 52-Week Range
- $184.26 – $302.96
- Dividend Safety
- A · 97/100
- Ever Cut?
- No
Frequently Asked Questions
WAB Price — Last 12 Months
Daily close
Price Return
1 Year
+56%
3 Years
+169%
5 Years
+237%
52-Week Range
$184.26 – $302.96
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is WAB worth?
Overvaluedmedium confidenceOur blended fair-value estimate for Westinghouse Air Brake Technologies Corporation is $201.23 per share, versus a market price of $302.50. That implies 33% of downside.
Fair Value
$201.23
Current Price
$302.50
Downside
-33%
Margin of Safety
-50%
How we get there
Discounted cash flow
Discounts projected free cash flow 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 40.0% annual free-cash-flow growth. We model 14.2% — so the price already assumes faster growth than we think is likely.
Assumptions: 9.0% discount rate (CAPM), 14.2% stage-1 growth, 2.5% terminal growth, $7.44 EPS, $1.24 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
WAB 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 |
|---|---|---|---|
| May 22, 2026 | — | $0.3100 | regular |
| Feb 17, 2026 | — | $0.3100 | regular |
| Nov 12, 2025 | — | $0.2500 | regular |
| Aug 14, 2025 | — | $0.2500 | regular |
| May 27, 2025 | — | $0.2500 | regular |
| Feb 21, 2025 | — | $0.2500 | regular |
| Nov 13, 2024 | — | $0.2000 | regular |
| Aug 14, 2024 | — | $0.2000 | regular |
| May 24, 2024 | — | $0.2000 | regular |
| Feb 22, 2024 | — | $0.2000 | regular |
| Nov 14, 2023 | — | $0.1700 | regular |
| Aug 11, 2023 | — | $0.1700 | regular |
| May 26, 2023 | — | $0.1700 | regular |
| Feb 23, 2023 | — | $0.1700 | regular |
Income Calculator
At $1.24 / yr per share
