SmarterDividends
WAFD

WaFd, Inc.

WAFD

Financial Services · Banks - Regional · Stock · quarterly payer

$29.47

Undervalued · +81% Add to Portfolio

Forward Yield

3.66%

Annual Dividend

$1.08

Payout Ratio

34%

5-Yr Growth

4.2%

Ex-Date

Aug 21, 2026

Frequency

Quarterly

Key facts about WAFD's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 8, 2026, WaFd, Inc. (WAFD) has a forward dividend yield of 3.66%, based on an annual dividend of $1.08 per share and a share price of $29.47.
  • As of Oct 8, 2026, WAFD's dividend safety grade from SmarterDividends is A (88 out of 100), which rates the dividend as very safe.
  • By SmarterDividends' count, WaFd, Inc. (WAFD) has raised its dividend for 16 consecutive years as of Oct 8, 2026.
  • WAFD last cut its regular dividend in 2008.
  • WAFD's most recent ex-dividend date was Aug 21, 2026, for a dividend of $0.27 per share.
  • As of Oct 8, 2026, WAFD pays out 34% of its trailing 12-month earnings as dividends (its payout ratio).
  • WAFD's dividend has grown at an average rate of 4.2% a year over the past five years.
  • As of Oct 8, 2026, WAFD's 3.66% yield is 14% above its five-year average yield of 3.22%.
  • As of Oct 8, 2026, SmarterDividends' blended fair-value estimate for WAFD is $53.29 per share, 81% above the $29.47 share price, so WAFD screens as undervalued.
  • WaFd, Inc. (WAFD) pays its dividend quarterly, 4 times a year.
Cite this page

SmarterDividends, "WAFD Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 8, 2026, https://smarterdividends.com/stocks/WAFD

Summary

As of Oct 8, 2026, WaFd, Inc. (WAFD) yields 3.66% ($1.08 a year per share), has a dividend safety grade of A (88/100) and has 16 consecutive years of dividend increases on record.

Is WAFD a good dividend stock?

Yes

WaFd, Inc. (WAFD) pays a quarterly dividend yielding 3.66% ($1.08/yr), with 16 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

  • 16 consecutive years of dividend growth
  • Comfortable payout ratio (34%)
  • Top-tier dividend safety score

Risks

  • Cut its dividend in 2008
  • Share price is down over the past 5 years

Key Data

Dividend Yield
3.66%
Payout Ratio
34%
Annual Dividend
$1.08
5-Yr Avg Growth
4.2%
Ex-Dividend Date
Aug 21, 2026
Years of Growth
16
Frequency
quarterly
Beta
0.88
Market Cap
$2.2B
P/E Ratio
9.4
5-Yr Total Return
-13%
52-Week Range
$26.31 – $39.49
Dividend Safety
A · 88/100
Ever Cut?
Yes (2008)
WAFD ex-dividend date & scheduleNext ex-date Aug 21, 2026 · full ex-dividend historyView →WAFD dividend historyEvery payment, totals by year, raises and cutsView →

Frequently Asked Questions

Is WAFD a good dividend stock?

Yes. WaFd, Inc. (WAFD) pays a quarterly dividend yielding 3.66% ($1.08/yr), with 16 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 WAFD undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, WAFD's fair value is about $53.29 versus a $29.47 share price — so it looks undervalued (+81% vs. fair value).

Is WAFD's dividend safe?

WAFD has a dividend-safety grade of A (88/100), based on its payout coverage, free-cash-flow, 16-year growth streak, a dividend cut in 2008, debt and yield-versus-history.

What is WAFD's fair value?

Our blended fair-value estimate for WAFD is about $53.29 per share, roughly 81% above the current $29.47 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is WAFD a buy, hold, or sell?

We don't issue formal ratings, but on the data WAFD screens as "yes" and undervalued. WaFd, Inc. (WAFD) pays a quarterly dividend yielding 3.66% ($1.08/yr), with 16 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 WAFD cut its dividend?

WAFD earns a dividend-safety grade of A (88/100), and has cut its dividend before (last in 2008). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does WAFD pay a dividend?

Yes. WaFd, Inc. pays a quarterly dividend of about $1.08 per share annually, a forward yield of roughly 3.66%.

What is WAFD's dividend yield?

As of Oct 8, 2026, WAFD's forward dividend yield is 3.66%, based on a $1.08 annual dividend and a $29.47 share price.

What is WAFD's dividend per share?

As of Oct 8, 2026, WAFD pays $1.08 per share per year, distributed on a quarterly basis.

What is WAFD's dividend payout ratio?

As of Oct 8, 2026, WAFD's payout ratio is 34% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.

How many years has WAFD grown its dividend?

As of Oct 8, 2026, WAFD has increased its dividend for 16 consecutive years.

When is the next WAFD ex-dividend date?

As of Oct 8, 2026, WAFD's next ex-dividend date hasn't been announced. The most recent was Aug 21, 2026, for $0.27 per share.

Income Calculator

At $1.08 / yr per share

Per payment (quarterly)$27.00
Annual$108.00
Monthly avg$9.00

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