Current Yield
1.38%
TTM Dividend/Share
$1.22
Payment Frequency
Quarterly
Payout Ratio
32.8%
Consecutive Growth Years
31 (Dividend Champion)
Key takeaways
- Dividend Champion — Donaldson Company (DCI) has raised its dividend for 31 consecutive years.
- Donaldson Company (DCI) currently yields 1.38%, paying $1.22 per share over the trailing twelve months, distributed quarterly.
- Payout ratio is 32.8% — the share of earnings distributed as dividends.
- 6 of 8 dividend safety checks passed.
- 5-year dividend CAGR of 6.85% (growth is accelerating).
Dividend yield valuation for Donaldson Company (DCI)
Current dividend yield vs its own 1Y / 3Y / 5Y historical averages — a rough valuation signal.
Valuation zone | Near average — fair value |
Current yield (now) | 1.38% |
1-year average yield | 1.54%now 0.16 pp below |
3-year average yield | 1.47%now 0.09 pp below |
5-year average yield | 1.46%now 0.08 pp below |
DCI: a yield above its history can signal value (or risk); below can signal a rich price. One valuation signal among many — review fundamentals before investing.
Dividend health for Donaldson Company (DCI)
Cash-flow, leverage and returns metrics that signal whether the dividend is well-covered and sustainable.
Chowder score | 8.2% |
FCF payout ratio | 9.1% |
Net debt / EBITDA | 0.6x |
Interest coverage | 20.04x |
ROIC (TTM) | 20.8% |
Dividend safety score for Donaldson Company (DCI)
Checks covering payout coverage, free-cash-flow support, leverage and dividend-growth durability.
6 of 8 checks passed
Payout ratio below 75%
Payout ratio is 32.8%, well below the 75% threshold.
Free cash flow covers dividend
TTM FCF after dividends is $250M — FCF fully covers the payout.
No dividend cuts in 10+ years
No dividend cuts in the last 10 years.
Positive earnings growth trend
Earnings per share have declined over the past 5 years.
10+ years of consecutive growth
31 consecutive years of dividend growth.
FCF payout ratio below 70%
FCF payout ratio is 9.1%, below the 70% threshold.
Net Debt/EBITDA below 3x
Net Debt/EBITDA is 0.6x.
Dividend growth ≤ earnings growth (5Y)
Dividend growth (6.9%) exceeds EPS growth (-15.5%) — payout ratio expanding.
This analysis is for informational purposes only and is not financial advice. Safety scores and comparisons reflect historical data and do not predict future performance.
Per-payment dividend history
159 payments from 1987 to 2026 · Adj. Dividend is split-adjusted
| Jun 15, 2026 | Jun 30, 2026 | $0.3200 | $0.3200 |
| Feb 12, 2026 | Feb 27, 2026 | $0.3000 | $0.3000 |
| Dec 5, 2025 | Dec 22, 2025 | $0.3000 | $0.3000 |
| Aug 12, 2025 | Aug 27, 2025 | $0.3000 | $0.3000 |
| Jun 16, 2025 | Jun 30, 2025 | $0.3000 | $0.3000 |
| Feb 13, 2025 | Feb 28, 2025 | $0.2700 | $0.2700 |
| Dec 9, 2024 | Dec 23, 2024 | $0.2700 | $0.2700 |
| Aug 13, 2024 | Aug 28, 2024 | $0.2700 | $0.2700 |
| Jun 17, 2024 | Jun 28, 2024 | $0.2700 | $0.2700 |
| Feb 9, 2024 | Feb 28, 2024 | $0.2500 | $0.2500 |
| Dec 4, 2023 | Dec 20, 2023 | $0.2500 | $0.2500 |
| Aug 14, 2023 | Aug 30, 2023 | $0.2500 | $0.2500 |
- Jun 15, 2026$0.3200
- Feb 12, 2026$0.3000
- Dec 5, 2025$0.3000
- Aug 12, 2025$0.3000
- Jun 16, 2025$0.3000
- Feb 13, 2025$0.2700
- Dec 9, 2024$0.2700
- Aug 13, 2024$0.2700
- Jun 17, 2024$0.2700
- Feb 9, 2024$0.2500
- Dec 4, 2023$0.2500
- Aug 14, 2023$0.2500
Historical dividend yield for Donaldson Company (DCI)
Mean trailing dividend yield using one ratio snapshot per calendar year.Mean yield1Y: 1.54%5Y: 1.46%10Y: 1.55%
Dividend per share for Donaldson Company (DCI)
CAGR (per year)1Y: 10.38%5Y: 6.85%10Y: 5.65%↑ Accelerating
| Year | Total ($/share) | Payments |
|---|---|---|
| 1987 | $0.01 | 4 |
| 1988 | $0.02 | 5 |
| 1989 | $0.02 | 4 |
| 1990 | $0.02 | 4 |
| 1991 | $0.02 | 4 |
| 1992 | $0.02 | 4 |
| 1993 | $0.03 | 4 |
| 1994 | $0.04 | 4 |
| 1995 | $0.04 | 4 |
| 1996 | $0.04 | 4 |
| 1997 | $0.05 | 4 |
| 1998 | $0.05 | 4 |
| 1999 | $0.06 | 4 |
| 2000 | $0.07 | 4 |
| 2001 | $0.07 | 4 |
| 2002 | $0.08 | 4 |
| 2003 | $0.09 | 4 |
| 2004 | $0.11 | 4 |
| 2005 | $0.14 | 4 |
| 2006 | $0.17 | 4 |
| 2007 | $0.19 | 4 |
| 2008 | $0.22 | 4 |
| 2009 | $0.23 | 4 |
| 2010 | $0.25 | 4 |
| 2011 | $0.29 | 4 |
| 2012 | $0.35 | 4 |
| 2013 | $0.50 | 4 |
| 2014 | $0.64 | 4 |
| 2015 | $0.68 | 4 |
| 2016 | $0.69 | 4 |
| 2017 | $0.71 | 4 |
| 2018 | $0.75 | 4 |
| 2019 | $0.82 | 4 |
| 2020 | $0.84 | 4 |
| 2021 | $0.87 | 4 |
| 2022 | $0.91 | 4 |
| 2023 | $0.98 | 4 |
| 2024 | $1.06 | 4 |
| 2025 | $1.17 | 4 |
| 2026 | $0.62 | 2 |
Dividend growth for Donaldson Company (DCI)
Year-over-year change in total annual dividend per share (split-adjusted, by ex-dividend year). Green is an increase, red a cut.
Dividend Increase Track Record
Year-over-year change in total annual DPS (dividends per share, split-adjusted), based on ex-dividend date.
| 2026 | $1.1700 | — | — |
| 2025 | $1.0600 | $1.1700 | +10.4% |
| 2024 | $0.9800 | $1.0600 | +8.2% |
| 2023 | $0.9100 | $0.9800 | +7.7% |
| 2022 | $0.8700 | $0.9100 | +4.6% |
| 2021 | $0.8400 | $0.8700 | +3.6% |
| 2020 | $0.8200 | $0.8400 | +2.4% |
| 2019 | $0.7500 | $0.8200 | +9.3% |
| 2018 | $0.7100 | $0.7500 | +5.6% |
| 2017 | $0.6950 | $0.7100 | +2.2% |
| 2016 | $0.6750 | $0.6950 | +3.0% |
| 2015 | $0.6350 | $0.6750 | +6.3% |
| 2014 | $0.5000 | $0.6350 | +27.0% |
| 2013 | $0.3500 | $0.5000 | +42.9% |
| 2012 | $0.2900 | $0.3500 | +20.7% |
| 2011 | $0.2475 | $0.2900 | +17.2% |
| 2010 | $0.2300 | $0.2475 | +7.6% |
| 2009 | $0.2225 | $0.2300 | +3.4% |
| 2008 | $0.1900 | $0.2225 | +17.1% |
| 2007 | $0.1700 | $0.1900 | +11.8% |
| 2006 | $0.1400 | $0.1700 | +21.4% |
| 2005 | $0.1125 | $0.1400 | +24.4% |
| 2004 | $0.0925 | $0.1125 | +21.6% |
| 2003 | $0.0825 | $0.0925 | +12.1% |
| 2002 | $0.0750 | $0.0825 | +10.0% |
| 2001 | $0.0713 | $0.0750 | +5.3% |
| 2000 | $0.0625 | $0.0713 | +14.0% |
| 1999 | $0.0525 | $0.0625 | +19.0% |
| 1998 | $0.0462 | $0.0525 | +13.5% |
| 1997 | $0.0412 | $0.0462 | +12.1% |
| 1996 | $0.0350 | $0.0412 | +17.9% |
| 1995 | $0.0350 | $0.0350 | 0.0% |
| 1994 | $0.0269 | $0.0350 | +30.2% |
| 1993 | $0.0246 | $0.0269 | +9.3% |
| 1992 | $0.0208 | $0.0246 | +18.0% |
| 1991 | $0.0177 | $0.0208 | +17.6% |
| 1990 | $0.0158 | $0.0177 | +11.8% |
| 1989 | $0.0193 | $0.0158 | -17.8% |
| 1988 | $0.0138 | $0.0193 | +40.1% |
| 1987 | — | $0.0138 | — |
- 2026—
- 2025$1.1700
- 2024$1.0600
- 2023$0.9800
- 2022$0.9100
- 2021$0.8700
- 2020$0.8400
- 2019$0.8200
- 2018$0.7500
- 2017$0.7100
- 2016$0.6950
- 2015$0.6750
- 2014$0.6350
- 2013$0.5000
- 2012$0.3500
- 2011$0.2900
- 2010$0.2475
- 2009$0.2300
- 2008$0.2225
- 2007$0.1900
- 2006$0.1700
- 2005$0.1400
- 2004$0.1125
- 2003$0.0925
- 2002$0.0825
- 2001$0.0750
- 2000$0.0713
- 1999$0.0625
- 1998$0.0525
- 1997$0.0462
- 1996$0.0412
- 1995$0.0350
- 1994$0.0350
- 1993$0.0269
- 1992$0.0246
- 1991$0.0208
- 1990$0.0177
- 1989$0.0158
- 1988$0.0193
- 1987$0.0138
DPS sums split-adjusted amounts (adj. dividend) by ex-dividend calendar year—the same basis as the Adj. Dividend column in Dividend Payment History. The Dividend column can differ after stock splits. This table uses four decimals per annual total so the Change column matches the shown amounts; each payment row in Dividend Payment History also uses four.
Frequently asked questions
Donaldson Company (DCI) Key Financials
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