Zimmer Biomet Holdings (ZBH) Dividend
Zimmer Biomet Holdings, Inc. · Healthcare · Medical Devices · quarterly payer
As of Nov 5, 2026, Zimmer Biomet Holdings (ZBH) pays a quarterly dividend of $0.24 per share, or $0.96 a year, a 0.87% yield at its $107.56 share price. It pays every quarter, usually in January, April, July and October. It has a dividend safety grade of A.
Forward Yield
0.87%
Annual Dividend
$0.96
Payout Ratio
23%
5-Yr Growth
0.6%
Ex-Date
Sep 30, 2026
Frequency
Quarterly
Key facts about ZBH's dividend
Data as of · Source: SmarterDividends data
- As of Nov 5, 2026, Zimmer Biomet Holdings, Inc. (ZBH) has a forward dividend yield of 0.87%, based on an annual dividend of $0.96 per share and a share price of $107.56.
- As of Nov 5, 2026, ZBH's dividend safety grade from SmarterDividends is A (89 out of 100), which rates the dividend as very safe.
- ZBH has never cut its regular dividend in the payment history SmarterDividends has on record.
- ZBH's most recent ex-dividend date was Sep 30, 2026, for a dividend of $0.24 per share.
- As of Nov 5, 2026, ZBH pays out 23% of its trailing 12-month earnings as dividends (its payout ratio).
- ZBH's dividend has grown at an average rate of 0.6% a year over the past five years.
- As of Nov 5, 2026, SmarterDividends' blended fair-value estimate for ZBH is $111.17 per share, 3% above the $107.56 share price, so ZBH screens as fairly valued.
- Zimmer Biomet Holdings, Inc. (ZBH) pays its dividend quarterly, 4 times a year.
- Zimmer Biomet Holdings, Inc. (ZBH) has raised its regular dividend 4 times and cut it 0 times across the 59 payments on record since 2012. Its most recent change was a 3.0% increase to $0.240 per share, going ex-dividend on Mar 28, 2022.
Cite this page
SmarterDividends, "ZBH Dividend: Yield, Safety Grade & Next Ex-Date," updated Nov 5, 2026, https://smarterdividends.com/stocks/ZBH
Is ZBH a good dividend stock?
YesZimmer Biomet Holdings, Inc. (ZBH) pays a quarterly dividend yielding 0.87% ($0.96/yr), with 0 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 (23%)
- Top-tier dividend safety score
Risks
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 0.87%
- Payout Ratio
- 23%
- Annual Dividend
- $0.96
- 5-Yr Avg Growth
- 0.6%
- Ex-Dividend Date
- Sep 30, 2026
- Years of Growth
- 0
- Frequency
- quarterly
- Beta
- 0.47
- Market Cap
- $20.5B
- P/E Ratio
- 27.2
- 5-Yr Total Return
- -19%
- 52-Week Range
- $79.12 – $103.70
- Dividend Safety
- A · 89/100
- Ever Cut?
- No
ZBH dividend raises and cuts
Zimmer Biomet Holdings, Inc. (ZBH) has raised its regular dividend 4 times and cut it 0 times across the 59 payments on record since 2012. Its most recent change was a 3.0% increase to $0.240 per share, going ex-dividend on Mar 28, 2022.
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| Mar 28, 2022 | Raise | $0.233 → $0.240 | +3.0% |
| Mar 29, 2016 | Raise | $0.214 → $0.233 | +9.1% |
| Mar 26, 2014 | Raise | $0.194 → $0.214 | +10.0% |
| Mar 26, 2013 | Raise | $0.175 → $0.194 | +11.1% |
Frequently Asked Questions
Is ZBH a good dividend stock?
Yes. Zimmer Biomet Holdings, Inc. (ZBH) pays a quarterly dividend yielding 0.87% ($0.96/yr), with 0 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 ZBH undervalued?
Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, ZBH's fair value is about $111.17 versus a $107.56 share price — so it looks fairly valued (+3% vs. fair value).
Is ZBH's dividend safe?
ZBH has a dividend-safety grade of A (89/100), based on its payout coverage, free-cash-flow, 0-year growth streak, a clean no-cut history, debt and yield-versus-history.
What is ZBH's fair value?
Our blended fair-value estimate for ZBH is about $111.17 per share, roughly 3% above the current $107.56 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.
Is ZBH a buy, hold, or sell?
We don't issue formal ratings, but on the data ZBH screens as "yes" and fairly valued. Zimmer Biomet Holdings, Inc. (ZBH) pays a quarterly dividend yielding 0.87% ($0.96/yr), with 0 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 ZBH cut its dividend?
ZBH earns a dividend-safety grade of A (89/100), 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 ZBH pay a dividend?
Yes. Zimmer Biomet Holdings, Inc. pays a quarterly dividend of about $0.96 per share annually, a forward yield of roughly 0.87%.
How much dividend does 100 shares of ZBH pay?
At $0.96 per share a year, 100 shares of ZBH pay $96.00 a year in dividends before tax, about $24.00 each quarter. Buying them costs about $10,756 at the Nov 5, 2026 price.
What is ZBH's dividend yield?
As of Nov 5, 2026, ZBH's forward dividend yield is 0.87%, based on a $0.96 annual dividend and a $107.56 share price.
What is ZBH's dividend per share?
As of Nov 5, 2026, ZBH pays $0.96 per share per year, distributed on a quarterly basis.
What is ZBH's dividend payout ratio?
As of Nov 5, 2026, ZBH's payout ratio is 23% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.
How many years has ZBH grown its dividend?
ZBH does not currently have a long dividend-growth streak on record.
When is the next ZBH ex-dividend date?
As of Nov 5, 2026, ZBH's next ex-dividend date hasn't been announced. The most recent was Sep 30, 2026, for $0.24 per share.
ZBH Price — Last 12 Months
Daily close
Price Return
1 Year
-3%
3 Years
-19%
5 Years
-19%
52-Week Range
$79.12 – $103.70
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is ZBH worth?
Fairly valuedmedium confidenceOur blended fair-value estimate for Zimmer Biomet Holdings, Inc. is $111.17 per share, versus a market price of $107.56. That implies the stock is roughly fairly priced.
Fair Value
$111.17
Current Price
$107.56
Gap
+3%
Margin of Safety
3%
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 3.6% annual free-cash-flow growth. We model 7.2% — below our estimate, leaving room for upside if the business executes.
Assumptions: 8.0% discount rate (CAPM), 7.2% growth for five years fading to 2.5% over the next five, $4.12 EPS, $0.96 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
ZBH 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
Full ZBH dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Sep 30, 2026 | Oct 30, 2026 | $0.2400 | regular |
| Jun 25, 2026 | Jul 31, 2026 | $0.2400 | regular |
| Mar 31, 2026 | Apr 30, 2026 | $0.2400 | regular |
| Dec 30, 2025 | Jan 30, 2026 | $0.2400 | regular |
| Sep 30, 2025 | Oct 31, 2025 | $0.2400 | regular |
| Jun 26, 2025 | Jul 31, 2025 | $0.2400 | regular |
| Mar 31, 2025 | Apr 30, 2025 | $0.2400 | regular |
| Dec 30, 2024 | Jan 31, 2025 | $0.2400 | regular |
| Sep 30, 2024 | Oct 31, 2024 | $0.2400 | regular |
| Jun 26, 2024 | Jul 31, 2024 | $0.2400 | regular |
| Mar 27, 2024 | Apr 30, 2024 | $0.2400 | regular |
| Dec 26, 2023 | Jan 31, 2024 | $0.2400 | regular |
| Sep 28, 2023 | Oct 31, 2023 | $0.2400 | regular |
| Jun 23, 2023 | Jul 31, 2023 | $0.2400 | regular |
Income Calculator
At $0.96 / yr per share
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