SmarterDividends
WAB

Westinghouse Air Brake Technologies (WAB) Dividend

Westinghouse Air Brake Technologies Corporation · Industrials · Railroads · quarterly payer

$289.01

Overvalued · -33% Add to Portfolio

As of Nov 5, 2026, Westinghouse Air Brake Technologies (WAB) pays a quarterly dividend of $0.31 per share, or $1.24 a year, a 0.42% yield at its $289.01 share price. The next ex-dividend date is Nov 17, 2026, paid Dec 1, 2026. It has raised its dividend 4 years in a row and has a dividend safety grade of A.

Forward Yield

0.42%

Annual Dividend

$1.24

Payout Ratio

15%

5-Yr Growth

15.8%

Ex-Date

Nov 17, 2026

Frequency

Quarterly

Key facts about WAB's dividend

Data as of · Source: SmarterDividends data

  • As of Nov 5, 2026, Westinghouse Air Brake Technologies Corporation (WAB) has a forward dividend yield of 0.42%, based on an annual dividend of $1.24 per share and a share price of $289.01.
  • As of Nov 5, 2026, WAB's dividend safety grade from SmarterDividends is A (98 out of 100), which rates the dividend as very safe.
  • By SmarterDividends' count, Westinghouse Air Brake Technologies Corporation (WAB) has raised its dividend for 4 consecutive years as of Nov 5, 2026.
  • WAB has never cut its regular dividend in the payment history SmarterDividends has on record.
  • WAB's next ex-dividend date is Nov 17, 2026, with payment on Dec 1, 2026. Shares must be owned before that date to receive the dividend.
  • As of Nov 5, 2026, WAB pays out 15% of its trailing 12-month earnings as dividends (its payout ratio).
  • WAB's dividend has grown at an average rate of 15.8% a year over the past five years.
  • As of Nov 5, 2026, WAB's 0.42% yield is 26% below its five-year average yield of 0.57%.
  • As of Nov 5, 2026, SmarterDividends' blended fair-value estimate for WAB is $194.91 per share, 33% below the $289.01 share price, so WAB screens as overvalued.
  • Westinghouse Air Brake Technologies Corporation (WAB) pays its dividend quarterly, 4 times a year.
  • Westinghouse Air Brake Technologies Corporation (WAB) has raised its regular dividend 12 times and cut it 0 times across the 124 payments on record since 1995. Its most recent change was a 24.0% increase to $0.310 per share, going ex-dividend on Feb 17, 2026.
  • Westinghouse Air Brake Technologies (WAB) has declared its first higher dividend of the year in February in 4 of the last 5 years; its most recent raise, 24.0%, was declared on Feb 6, 2026.
Cite this page

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

Is WAB a good dividend stock?

Yes

Westinghouse 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
  • 215% 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
Nov 17, 2026
Years of Growth
4
Frequency
quarterly
Beta
0.93
Market Cap
$48.5B
P/E Ratio
35.9
5-Yr Total Return
215%
52-Week Range
$194.93 – $306.64
Dividend Safety
A · 98/100
Ever Cut?
No

WAB dividend raises and cuts

Westinghouse Air Brake Technologies Corporation (WAB) has raised its regular dividend 12 times and cut it 0 times across the 124 payments on record since 1995. Its most recent change was a 24.0% increase to $0.310 per share, going ex-dividend on Feb 17, 2026.

Ex-dateChangeOld → newMove
Feb 17, 2026Raise$0.250 → $0.310+24.0%
Feb 21, 2025Raise$0.200 → $0.250+25.0%
Feb 22, 2024Raise$0.170 → $0.200+17.6%
Feb 23, 2023Raise$0.150 → $0.170+13.3%
Feb 24, 2022Raise$0.120 → $0.150+25.0%
Aug 10, 2017Raise$0.100 → $0.120+20.0%
Aug 11, 2016Raise$0.0800 → $0.100+25.0%
Aug 13, 2015Raise$0.0600 → $0.0800+33.3%
Aug 13, 2014Raise$0.0400 → $0.0600+50.0%
Aug 14, 2013Raise$0.0250 → $0.0400+60.0%
Aug 15, 2012Raise$0.0150 → $0.0250+66.7%
Aug 15, 2011Raise$0.0050 → $0.0150+200.0%
Every WAB payment →Download every raise and cut (CSV)
WAB ex-dividend date & scheduleNext ex-date Nov 17, 2026 · full ex-dividend historyView →WAB dividend historyEvery payment, totals by year, raises and cutsView →WAB dividend calculator100 shares pay $124.00 a year, $31.00 each quarterCalculate →WAB total return calculatorWhat $10,000 became, with dividends reinvested or taken as cashSee →

Frequently Asked Questions

Is WAB a good dividend stock?

Yes. Westinghouse 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.

Is WAB undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, WAB's fair value is about $194.91 versus a $289.01 share price — so it looks overvalued (-33% vs. fair value).

Is WAB's dividend safe?

WAB has a dividend-safety grade of A (98/100), based on its payout coverage, free-cash-flow, 4-year growth streak, a clean no-cut history, debt and yield-versus-history.

What is WAB's fair value?

Our blended fair-value estimate for WAB is about $194.91 per share, about 33% below the current $289.01 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is WAB a buy, hold, or sell?

We don't issue formal ratings, but on the data WAB screens as "yes" and overvalued. Westinghouse 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. This is research for your own analysis, not investment advice.

Will WAB cut its dividend?

WAB earns a dividend-safety grade of A (98/100), 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 WAB pay a dividend?

Yes. Westinghouse Air Brake Technologies Corporation pays a quarterly dividend of about $1.24 per share annually, a forward yield of roughly 0.42%.

How much dividend does 100 shares of WAB pay?

At $1.24 per share a year, 100 shares of WAB pay $124.00 a year in dividends before tax, about $31.00 each quarter. Buying them costs about $28,901 at the Nov 5, 2026 price.

What is WAB's dividend yield?

As of Nov 5, 2026, WAB's forward dividend yield is 0.42%, based on a $1.24 annual dividend and a $289.01 share price.

What is WAB's dividend per share?

As of Nov 5, 2026, WAB pays $1.24 per share per year, distributed on a quarterly basis.

What is WAB's dividend payout ratio?

As of Nov 5, 2026, WAB's payout ratio is 15% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.

How many years has WAB grown its dividend?

As of Nov 5, 2026, WAB has increased its dividend for 4 consecutive years.

When is the next WAB ex-dividend date?

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

Income Calculator

At $1.24 / yr per share

Per payment (quarterly)$31.00
Annual$124.00
Monthly avg$10.33
Full WAB dividend calculator →

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