Zimmer Biomet Holdings, Inc.
ZBHHealthcare · Stock · quarterly payer
Forward Yield
1.01%
Annual Dividend
$0.96
Payout Ratio
23%
5-Yr Growth
0.6%
Ex-Date
Sep 30, 2026
Frequency
Quarterly
Summary
As of September 2026, Zimmer Biomet Holdings, Inc. (ZBH) yields 1.01% ($0.96 per share annually), with a blended fair-value estimate of $126.97 — +33% upside, so it screens as undervalued. Dividend safety grade: A (89/100).
Is ZBH a good dividend stock?
YesZimmer Biomet Holdings, Inc. (ZBH) pays a quarterly dividend yielding 1.01% ($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
- 1.01%
- 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
- $18.2B
- P/E Ratio
- 23.1
- 5-Yr Total Return
- -31%
- 52-Week Range
- $79.12 – $106.88
- Dividend Safety
- A · 89/100
- Ever Cut?
- No
Frequently Asked Questions
ZBH Price — Last 12 Months
Daily close
Price Return
1 Year
-5%
3 Years
-9%
5 Years
-31%
52-Week Range
$79.12 – $106.88
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is ZBH worth?
Undervaluedmedium confidenceOur blended fair-value estimate for Zimmer Biomet Holdings, Inc. is $126.97 per share, versus a market price of $95.36. That implies 33% of upside — a margin of safety of about 25%.
Fair Value
$126.97
Current Price
$95.36
Upside
+33%
Margin of Safety
25%
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 -0.4% annual free-cash-flow growth. We model 7.3% — below our estimate, leaving room for upside if the business executes.
Assumptions: 7.0% discount rate (CAPM), 7.3% stage-1 growth, 2.5% terminal growth, $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
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Jun 25, 2026 | — | $0.2400 | regular |
| Mar 31, 2026 | — | $0.2400 | regular |
| Dec 30, 2025 | — | $0.2400 | regular |
| Sep 30, 2025 | — | $0.2400 | regular |
| Jun 26, 2025 | — | $0.2400 | regular |
| Mar 31, 2025 | — | $0.2400 | regular |
| Dec 30, 2024 | — | $0.2400 | regular |
| Sep 30, 2024 | — | $0.2400 | regular |
| Jun 26, 2024 | — | $0.2400 | regular |
| Mar 27, 2024 | — | $0.2400 | regular |
| Dec 26, 2023 | — | $0.2400 | regular |
| Sep 28, 2023 | — | $0.2400 | regular |
| Jun 23, 2023 | — | $0.2400 | regular |
| Mar 28, 2023 | — | $0.2400 | regular |
Income Calculator
At $0.96 / yr per share
