SmarterDividends
WD

Walker & Dunlop, Inc.

WD

Financial Services · Mortgage Finance · Stock · quarterly payer

$32.66

Fairly valued · +15% Add to Portfolio

Forward Yield

8.33%

Annual Dividend

$2.72

Payout Ratio

241%

5-Yr Growth

13.2%

Ex-Date

Aug 20, 2026

Frequency

Quarterly

Key facts about WD's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 18, 2026, Walker & Dunlop, Inc. (WD) has a forward dividend yield of 8.33%, based on an annual dividend of $2.72 per share and a share price of $32.66.
  • As of Oct 18, 2026, WD's dividend safety grade from SmarterDividends is C (64 out of 100), which rates the dividend as borderline.
  • By SmarterDividends' count, Walker & Dunlop, Inc. (WD) has raised its dividend for 7 consecutive years as of Oct 18, 2026.
  • WD has never cut its regular dividend in the payment history SmarterDividends has on record.
  • WD's most recent ex-dividend date was Aug 20, 2026, for a dividend of $0.68 per share.
  • As of Oct 18, 2026, WD pays out 241% of its trailing 12-month earnings as dividends (its payout ratio).
  • WD's dividend has grown at an average rate of 13.2% a year over the past five years.
  • As of Oct 18, 2026, WD's 8.33% yield is 218% above its five-year average yield of 2.62%.
  • As of Oct 18, 2026, SmarterDividends' blended fair-value estimate for WD is $37.43 per share, 15% above the $32.66 share price, so WD screens as fairly valued.
  • Walker & Dunlop, Inc. (WD) pays its dividend quarterly, 4 times a year.
  • Walker & Dunlop, Inc. (WD) has raised its regular dividend 8 times and cut it 0 times across the 35 payments on record since 2018. Its most recent change was a 1.5% increase to $0.680 per share, going ex-dividend on Mar 13, 2026.
Cite this page

SmarterDividends, "WD Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 18, 2026, https://smarterdividends.com/stocks/WD

Summary

As of Oct 18, 2026, Walker & Dunlop, Inc. (WD) yields 8.33% ($2.72 a year per share), has a dividend safety grade of C (64/100) and has 7 consecutive years of dividend increases on record.

Is WD a good dividend stock?

Yes, with caveats

Walker & Dunlop, Inc. (WD) pays a quarterly dividend yielding 8.33% ($2.72/yr), with 7 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.

Advantages

  • Never cut its dividend on record
  • Strong 13.2% 5-yr dividend growth

Risks

  • Elevated payout ratio (241%)
  • Very high yield can signal elevated risk
  • Share price is down over the past 5 years

Key Data

Dividend Yield
8.33%
Payout Ratio
241%
Annual Dividend
$2.72
5-Yr Avg Growth
13.2%
Ex-Dividend Date
Aug 20, 2026
Years of Growth
7
Frequency
quarterly
Beta
1.51
Market Cap
$1.1B
P/E Ratio
29.2
5-Yr Total Return
-77%
52-Week Range
$31.40 – $90.00
Dividend Safety
C · 64/100
Ever Cut?
No

WD dividend raises and cuts

Walker & Dunlop, Inc. (WD) has raised its regular dividend 8 times and cut it 0 times across the 35 payments on record since 2018. Its most recent change was a 1.5% increase to $0.680 per share, going ex-dividend on Mar 13, 2026.

Ex-dateChangeOld → newMove
Mar 13, 2026Raise$0.670 → $0.680+1.5%
Feb 28, 2025Raise$0.650 → $0.670+3.1%
Feb 29, 2024Raise$0.630 → $0.650+3.2%
Mar 7, 2023Raise$0.600 → $0.630+5.0%
Feb 18, 2022Raise$0.500 → $0.600+20.0%
Feb 19, 2021Raise$0.360 → $0.500+38.9%
Feb 20, 2020Raise$0.300 → $0.360+20.0%
Feb 25, 2019Raise$0.250 → $0.300+20.0%
Every WD payment →Download every raise and cut (CSV)
WD ex-dividend date & scheduleNext ex-date Aug 20, 2026 · full ex-dividend historyView →WD dividend historyEvery payment, totals by year, raises and cutsView →

Frequently Asked Questions

Is WD a good dividend stock?

Yes, with caveats. Walker & Dunlop, Inc. (WD) pays a quarterly dividend yielding 8.33% ($2.72/yr), with 7 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.

Is WD undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, WD's fair value is about $37.43 versus a $32.66 share price — so it looks fairly valued (+15% vs. fair value).

Is WD's dividend safe?

WD has a dividend-safety grade of C (64/100), based on its payout coverage, free-cash-flow, 7-year growth streak, a clean no-cut history, debt and yield-versus-history.

What is WD's fair value?

Our blended fair-value estimate for WD is about $37.43 per share, roughly 15% above the current $32.66 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is WD a buy, hold, or sell?

We don't issue formal ratings, but on the data WD screens as "yes, with caveats" and fairly valued. Walker & Dunlop, Inc. (WD) pays a quarterly dividend yielding 8.33% ($2.72/yr), with 7 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying. This is research for your own analysis, not investment advice.

Will WD cut its dividend?

WD earns a dividend-safety grade of C (64/100), 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 WD pay a dividend?

Yes. Walker & Dunlop, Inc. pays a quarterly dividend of about $2.72 per share annually, a forward yield of roughly 8.33%.

What is WD's dividend yield?

As of Oct 18, 2026, WD's forward dividend yield is 8.33%, based on a $2.72 annual dividend and a $32.66 share price.

What is WD's dividend per share?

As of Oct 18, 2026, WD pays $2.72 per share per year, distributed on a quarterly basis.

What is WD's dividend payout ratio?

As of Oct 18, 2026, WD's payout ratio is 241% of trailing 12-month earnings — an elevated level worth watching, as it leaves less cushion if earnings dip.

How many years has WD grown its dividend?

As of Oct 18, 2026, WD has increased its dividend for 7 consecutive years.

When is the next WD ex-dividend date?

As of Oct 18, 2026, WD's next ex-dividend date hasn't been announced. The most recent was Aug 20, 2026, for $0.68 per share.

Income Calculator

At $2.72 / yr per share

Per payment (quarterly)$68.00
Annual$272.00
Monthly avg$22.67

Similar Dividend Stocks

JPMJPMJPMorgan Chase & Co.1.94%Financial ServicesVVVisa Inc.0.67%Financial ServicesMAMAMastercard Incorporated0.56%Financial ServicesBACBACBank of America Corporation2.50%Financial Services

Compare WD

WD vs JPMWD vs VWD vs MAWD vs BAC

Explore more

Lists and tools related to WD