Current Yield
0.74%
TTM Dividend/Share
$1.44
Payment Frequency
Quarterly
Payout Ratio
27.9%
Consecutive Growth Years
9 (Dividend Challenger)
Key takeaways
- Dividend Challenger — Danaher (DHR) has raised its dividend for 9 consecutive years.
- Danaher (DHR) currently yields 0.74%, paying $1.44 per share over the trailing twelve months, distributed quarterly.
- Payout ratio is 27.9% — the share of earnings distributed as dividends.
- 4 of 8 dividend safety checks passed.
- 5-year dividend CAGR of 14.93% (growth is accelerating).
Dividend yield valuation for Danaher (DHR)
Current dividend yield vs its own 1Y / 3Y / 5Y historical averages — a rough valuation signal.
Valuation zone | Above average — potential buy zone |
Current yield (now) | 0.74% |
1-year average yield | 0.54%now 0.20 pp above |
3-year average yield | 0.49%now 0.25 pp above |
5-year average yield | 0.46%now 0.28 pp above |
DHR: 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 Danaher (DHR)
Cash-flow, leverage and returns metrics that signal whether the dividend is well-covered and sustainable.
Chowder score | 15.7% |
FCF payout ratio | 4.3% |
Net debt / EBITDA | 1.9x |
Interest coverage | 20.28x |
ROIC (TTM) | 5.6% |
Dividend safety score for Danaher (DHR)
Checks covering payout coverage, free-cash-flow support, leverage and dividend-growth durability.
4 of 8 checks passed
Payout ratio below 75%
Payout ratio is 27.9%, well below the 75% threshold.
Free cash flow covers dividend
TTM FCF after dividends is $4.4B — FCF fully covers the payout.
No dividend cuts in 10+ years
2 dividend cut(s) in the last 10 years.
Positive earnings growth trend
Earnings per share have declined over the past 5 years.
10+ years of consecutive growth
Only 9 consecutive year(s) of dividend growth.
FCF payout ratio below 70%
FCF payout ratio is 4.3%, below the 70% threshold.
Net Debt/EBITDA below 3x
Net Debt/EBITDA is 1.9x.
Dividend growth ≤ earnings growth (5Y)
Dividend growth (14.9%) exceeds EPS growth (-2.4%) — 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
136 payments from 1993 to 2026 · Adj. Dividend is split-adjusted
| Jun 26, 2026 | Jul 31, 2026 | $0.4000 | $0.4000 |
| Mar 27, 2026 | Apr 24, 2026 | $0.4000 | $0.4000 |
| Dec 26, 2025 | Jan 30, 2026 | $0.3200 | $0.3200 |
| Sep 26, 2025 | Oct 31, 2025 | $0.3200 | $0.3200 |
| Jun 27, 2025 | Jul 25, 2025 | $0.3200 | $0.3200 |
| Mar 28, 2025 | Apr 25, 2025 | $0.3200 | $0.3200 |
| Dec 27, 2024 | Jan 31, 2025 | $0.2700 | $0.2700 |
| Sep 27, 2024 | Oct 25, 2024 | $0.2700 | $0.2700 |
| Jun 28, 2024 | Jul 26, 2024 | $0.2700 | $0.2700 |
| Mar 27, 2024 | Apr 26, 2024 | $0.2700 | $0.2700 |
| Dec 28, 2023 | Jan 26, 2024 | $0.2400 | $0.2400 |
| Oct 11, 2023 | Oct 27, 2023 | $0.2700 | $0.2700 |
- Jun 26, 2026$0.4000
- Mar 27, 2026$0.4000
- Dec 26, 2025$0.3200
- Sep 26, 2025$0.3200
- Jun 27, 2025$0.3200
- Mar 28, 2025$0.3200
- Dec 27, 2024$0.2700
- Sep 27, 2024$0.2700
- Jun 28, 2024$0.2700
- Mar 27, 2024$0.2700
- Dec 28, 2023$0.2400
- Oct 11, 2023$0.2700
Historical dividend yield for Danaher (DHR)
Mean trailing dividend yield using one ratio snapshot per calendar year.Mean yield1Y: 0.54%5Y: 0.46%10Y: 0.55%
Dividend per share for Danaher (DHR)
CAGR (per year)1Y: 18.52%5Y: 14.93%10Y: 9.90%↑ Accelerating
| Year | Total ($/share) | Payments |
|---|---|---|
| 1993 | $0.01 | 4 |
| 1994 | $0.01 | 4 |
| 1995 | $0.01 | 4 |
| 1996 | $0.01 | 4 |
| 1997 | $0.01 | 4 |
| 1998 | $0.01 | 4 |
| 1999 | $0.01 | 4 |
| 2000 | $0.01 | 4 |
| 2001 | $0.01 | 4 |
| 2002 | $0.02 | 4 |
| 2003 | $0.01 | 4 |
| 2004 | $0.02 | 4 |
| 2005 | $0.02 | 4 |
| 2006 | $0.03 | 4 |
| 2007 | $0.04 | 4 |
| 2008 | $0.04 | 4 |
| 2009 | $0.04 | 4 |
| 2010 | $0.05 | 4 |
| 2011 | $0.06 | 4 |
| 2012 | $0.07 | 4 |
| 2013 | $0.07 | 4 |
| 2014 | $0.27 | 4 |
| 2015 | $0.50 | 5 |
| 2016 | $25.00 | 5 |
| 2017 | $0.50 | 4 |
| 2018 | $0.57 | 4 |
| 2019 | $0.60 | 4 |
| 2020 | $0.64 | 4 |
| 2021 | $0.74 | 4 |
| 2022 | $0.89 | 4 |
| 2023 | $0.99 | 4 |
| 2024 | $1.08 | 4 |
| 2025 | $1.28 | 4 |
| 2026 | $0.80 | 2 |
Dividend growth for Danaher (DHR)
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 | $1.2800 | — | — |
| 2025 | $1.0800 | $1.2800 | +18.5% |
| 2024 | $0.9887 | $1.0800 | +9.2% |
| 2023 | $0.8865 | $0.9887 | +11.5% |
| 2022 | $0.7447 | $0.8865 | +19.0% |
| 2021 | $0.6383 | $0.7447 | +16.7% |
| 2020 | $0.6028 | $0.6383 | +5.9% |
| 2019 | $0.5674 | $0.6028 | +6.3% |
| 2018 | $0.4964 | $0.5674 | +14.3% |
| 2017 | $24.9967 | $0.4964 | -98.0% |
| 2016 | $0.4979 | $24.9967 | +4920.0% |
| 2015 | $0.2688 | $0.4979 | +85.2% |
| 2014 | $0.0672 | $0.2688 | +300.0% |
| 2013 | $0.0672 | $0.0672 | 0.0% |
| 2012 | $0.0605 | $0.0672 | +11.1% |
| 2011 | $0.0538 | $0.0605 | +12.5% |
| 2010 | $0.0437 | $0.0538 | +23.1% |
| 2009 | $0.0403 | $0.0437 | +8.3% |
| 2008 | $0.0370 | $0.0403 | +9.1% |
| 2007 | $0.0269 | $0.0370 | +37.5% |
| 2006 | $0.0235 | $0.0269 | +14.3% |
| 2005 | $0.0193 | $0.0235 | +21.7% |
| 2004 | $0.0136 | $0.0193 | +42.0% |
| 2003 | $0.0151 | $0.0136 | -10.0% |
| 2002 | $0.0134 | $0.0151 | +12.5% |
| 2001 | $0.0118 | $0.0134 | +14.3% |
| 2000 | $0.0102 | $0.0118 | +14.8% |
| 1999 | $0.0092 | $0.0102 | +11.9% |
| 1998 | $0.0084 | $0.0092 | +9.0% |
| 1997 | $0.0083 | $0.0084 | +1.0% |
| 1996 | $0.0067 | $0.0083 | +23.7% |
| 1995 | $0.0055 | $0.0067 | +23.1% |
| 1994 | $0.0050 | $0.0055 | +8.3% |
| 1993 | — | $0.0050 | — |
- 2026—
- 2025$1.2800
- 2024$1.0800
- 2023$0.9887
- 2022$0.8865
- 2021$0.7447
- 2020$0.6383
- 2019$0.6028
- 2018$0.5674
- 2017$0.4964
- 2016$24.9967
- 2015$0.4979
- 2014$0.2688
- 2013$0.0672
- 2012$0.0672
- 2011$0.0605
- 2010$0.0538
- 2009$0.0437
- 2008$0.0403
- 2007$0.0370
- 2006$0.0269
- 2005$0.0235
- 2004$0.0193
- 2003$0.0136
- 2002$0.0151
- 2001$0.0134
- 2000$0.0118
- 1999$0.0102
- 1998$0.0092
- 1997$0.0084
- 1996$0.0083
- 1995$0.0067
- 1994$0.0055
- 1993$0.0050
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
Danaher (DHR) Key Financials
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