
Zurn Elkay Water Solutions (ZWS) Dividend
Zurn Elkay Water Solutions Corporation · Industrials · Pollution & Treatment Controls · quarterly payer
As of Nov 9, 2026, Zurn Elkay Water Solutions (ZWS) pays a quarterly dividend, or $0.52 a year, a 1.20% yield at its $43.47 share price. The next ex-dividend date is Nov 20, 2026, paid Dec 7, 2026. It has raised its dividend 5 years in a row and has a dividend safety grade of B.
Forward Yield
1.20%
Annual Dividend
$0.52
Payout Ratio
26%
5-Yr Growth
19.8%
Ex-Date
Nov 20, 2026
Frequency
Quarterly
Key facts about ZWS's dividend
Data as of · Source: SmarterDividends data
- As of Nov 9, 2026, Zurn Elkay Water Solutions Corporation (ZWS) has a forward dividend yield of 1.20%, based on an annual dividend of $0.52 per share and a share price of $43.47.
- As of Nov 9, 2026, ZWS's dividend safety grade from SmarterDividends is B (78 out of 100), which rates the dividend as safe.
- By SmarterDividends' count, Zurn Elkay Water Solutions Corporation (ZWS) has raised its dividend for 5 consecutive years as of Nov 9, 2026.
- ZWS has never cut its regular dividend in the payment history SmarterDividends has on record.
- ZWS's next ex-dividend date is Nov 20, 2026, with payment on Dec 7, 2026. Shares must be owned before that date to receive the dividend.
- As of Nov 9, 2026, ZWS pays out 26% of its trailing 12-month earnings as dividends (its payout ratio).
- ZWS's dividend has grown at an average rate of 19.8% a year over the past five years.
- As of Nov 9, 2026, ZWS's 1.20% yield is 39% above its five-year average yield of 0.87%.
- As of Nov 9, 2026, SmarterDividends' blended fair-value estimate for ZWS is $36.24 per share, 17% below the $43.47 share price, so ZWS screens as overvalued.
- Zurn Elkay Water Solutions Corporation (ZWS) pays its dividend quarterly, 4 times a year.
- Zurn Elkay Water Solutions Corporation (ZWS) has raised its regular dividend 5 times and cut it 1 time across the 27 payments on record since 2020. Its most recent change was a 22.2% increase to $0.110 per share, going ex-dividend on Nov 20, 2025. The last cut went ex-dividend on Nov 18, 2021.
- Zurn Elkay Water Solutions (ZWS) has declared its first higher dividend of the year in October in 3 of the last 5 years; its most recent raise, 22.2%, was declared on Oct 28, 2025.
Cite this page
SmarterDividends, "ZWS Dividend: Yield, Safety Grade & Next Ex-Date," updated Nov 9, 2026, https://smarterdividends.com/stocks/ZWS
Is ZWS a good dividend stock?
YesZurn Elkay Water Solutions Corporation (ZWS) pays a quarterly dividend yielding 1.20% ($0.52/yr), with 5 years of growth and a dividend-safety grade of B. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- Never cut its dividend on record
- Comfortable payout ratio (26%)
- Strong 19.8% 5-yr dividend growth
Risks
- Single-stock concentration risk — diversify
Key Data
- Dividend Yield
- 1.20%
- Payout Ratio
- 26%
- Annual Dividend
- $0.52
- 5-Yr Avg Growth
- 19.8%
- Ex-Dividend Date
- Nov 20, 2026
- Years of Growth
- 5
- Frequency
- quarterly
- Beta
- 1.07
- Market Cap
- $7.2B
- P/E Ratio
- 25.4
- 5-Yr Total Return
- 24%
- 52-Week Range
- $42.89 – $55.00
- Dividend Safety
- B · 78/100
- Ever Cut?
- No
ZWS dividend raises and cuts
Zurn Elkay Water Solutions Corporation (ZWS) has raised its regular dividend 5 times and cut it 1 time across the 27 payments on record since 2020. Its most recent change was a 22.2% increase to $0.110 per share, going ex-dividend on Nov 20, 2025. The last cut went ex-dividend on Nov 18, 2021.
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| Nov 20, 2025 | Raise | $0.0900 → $0.110 | +22.2% |
| Nov 20, 2024 | Raise | $0.0800 → $0.0900 | +12.5% |
| Nov 17, 2023 | Raise | $0.0700 → $0.0800 | +14.3% |
| Aug 18, 2022 | Raise | $0.0300 → $0.0700 | +133.3% |
| Nov 18, 2021 | Cut | $0.0434 → $0.0300 | −30.8% |
| Feb 18, 2021 | Raise | $0.0385 → $0.0434 | +12.5% |
Frequently Asked Questions
Is ZWS a good dividend stock?
Yes. Zurn Elkay Water Solutions Corporation (ZWS) pays a quarterly dividend yielding 1.20% ($0.52/yr), with 5 years of growth and a dividend-safety grade of B. It scores well across payout coverage, growth history and safety — a dependable income holding.
Is ZWS undervalued?
Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, ZWS's fair value is about $36.24 versus a $43.47 share price — so it looks overvalued (-17% vs. fair value).
Is ZWS's dividend safe?
ZWS has a dividend-safety grade of B (78/100), based on its payout coverage, free-cash-flow, 5-year growth streak, a clean no-cut history, debt and yield-versus-history.
What is ZWS's fair value?
Our blended fair-value estimate for ZWS is about $36.24 per share, about 17% below the current $43.47 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.
Is ZWS a buy, hold, or sell?
We don't issue formal ratings, but on the data ZWS screens as "yes" and overvalued. Zurn Elkay Water Solutions Corporation (ZWS) pays a quarterly dividend yielding 1.20% ($0.52/yr), with 5 years of growth and a dividend-safety grade of B. 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 ZWS cut its dividend?
ZWS earns a dividend-safety grade of B (78/100), 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 ZWS pay a dividend?
Yes. Zurn Elkay Water Solutions Corporation pays a quarterly dividend of about $0.52 per share annually, a forward yield of roughly 1.20%.
How much dividend does 100 shares of ZWS pay?
At $0.52 per share a year, 100 shares of ZWS pay $52.00 a year in dividends before tax, about $13.00 each quarter. Buying them costs about $4,347 at the Nov 9, 2026 price.
What is ZWS's dividend yield?
As of Nov 9, 2026, ZWS's forward dividend yield is 1.20%, based on a $0.52 annual dividend and a $43.47 share price.
What is ZWS's dividend per share?
As of Nov 9, 2026, ZWS pays $0.52 per share per year, distributed on a quarterly basis.
What is ZWS's dividend payout ratio?
As of Nov 9, 2026, ZWS's payout ratio is 26% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.
How many years has ZWS grown its dividend?
As of Nov 9, 2026, ZWS has increased its dividend for 5 consecutive years.
When is the next ZWS ex-dividend date?
As of Nov 9, 2026, the next ex-dividend date on record for ZWS is Nov 20, 2026.
ZWS Price — Last 12 Months
Daily close
Price Return
1 Year
-9%
3 Years
+48%
5 Years
+24%
52-Week Range
$42.89 – $55.00
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is ZWS worth?
Overvaluedmedium confidenceOur blended fair-value estimate for Zurn Elkay Water Solutions Corporation is $36.24 per share, versus a market price of $43.47. That implies 17% of downside.
Fair Value
$36.24
Current Price
$43.47
Downside
-17%
Margin of Safety
-20%
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 14.1% annual free-cash-flow growth. We model 9.2% — so the price already assumes faster growth than we think is likely.
Assumptions: 9.7% discount rate (CAPM), 9.2% growth for five years fading to 2.5% over the next five, $1.71 EPS, $0.52 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
ZWS Dividend Safety Score
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 ZWS dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Aug 20, 2026 | Sep 4, 2026 | $0.1100 | regular |
| May 20, 2026 | Jun 5, 2026 | $0.1100 | regular |
| Feb 20, 2026 | Mar 6, 2026 | $0.1100 | regular |
| Nov 20, 2025 | Dec 5, 2025 | $0.1100 | regular |
| Aug 20, 2025 | Sep 5, 2025 | $0.0900 | regular |
| May 20, 2025 | Jun 6, 2025 | $0.0900 | regular |
| Feb 20, 2025 | Mar 7, 2025 | $0.0900 | regular |
| Nov 20, 2024 | Dec 6, 2024 | $0.0900 | regular |
| Aug 20, 2024 | Sep 6, 2024 | $0.0800 | regular |
| May 17, 2024 | Jun 7, 2024 | $0.0800 | regular |
| Feb 16, 2024 | Mar 7, 2024 | $0.0800 | regular |
| Nov 17, 2023 | Dec 7, 2023 | $0.0800 | regular |
| Aug 17, 2023 | Sep 7, 2023 | $0.0700 | regular |
| May 18, 2023 | Jun 7, 2023 | $0.0700 | regular |
Income Calculator
At $0.52 / yr per share
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