Current Yield
1.19%
TTM Dividend/Share
$2.52
Payment Frequency
Quarterly
Payout Ratio
31.8%
Consecutive Growth Years
16 (Dividend Contender)
Key takeaways
- Dividend Contender — STERIS (STE) has raised its dividend for 16 consecutive years.
- STERIS (STE) currently yields 1.19%, paying $2.52 per share over the trailing twelve months, distributed quarterly.
- Payout ratio is 31.8% — the share of earnings distributed as dividends.
- 8 of 8 dividend safety checks passed.
- 5-year dividend CAGR of 9.28%.
Dividend yield valuation for STERIS (STE)
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) | 1.19% |
1-year average yield | 1.11%now 0.08 pp above |
3-year average yield | 1.01%now 0.18 pp above |
5-year average yield | 0.93%now 0.26 pp above |
STE: 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 STERIS (STE)
Cash-flow, leverage and returns metrics that signal whether the dividend is well-covered and sustainable.
Chowder score | 10.5% |
FCF payout ratio | 6.4% |
Net debt / EBITDA | 0.9x |
Interest coverage | 18.15x |
ROIC (TTM) | 9.1% |
Dividend safety score for STERIS (STE)
Checks covering payout coverage, free-cash-flow support, leverage and dividend-growth durability.
8 of 8 checks passed
Payout ratio below 75%
Payout ratio is 31.8%, well below the 75% threshold.
Free cash flow covers dividend
TTM FCF after dividends is $731M — 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 grown over the past 5 years.
10+ years of consecutive growth
16 consecutive years of dividend growth.
FCF payout ratio below 70%
FCF payout ratio is 6.4%, below the 70% threshold.
Net Debt/EBITDA below 3x
Net Debt/EBITDA is 0.9x.
Dividend growth ≤ earnings growth (5Y)
Dividend growth (9.3%) ≤ EPS growth (29.6%) — sustainable.
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
85 payments from 2005 to 2026 · Adj. Dividend is split-adjusted
| Jun 8, 2026 | Jun 26, 2026 | $0.6300 | $0.6300 |
| Feb 17, 2026 | Mar 19, 2026 | $0.6300 | $0.6300 |
| Nov 18, 2025 | Dec 18, 2025 | $0.6300 | $0.6300 |
| Sep 4, 2025 | Sep 26, 2025 | $0.6300 | $0.6300 |
| Jun 10, 2025 | Jun 26, 2025 | $0.5700 | $0.5700 |
| Feb 20, 2025 | Mar 21, 2025 | $0.5700 | $0.5700 |
| Nov 19, 2024 | Dec 19, 2024 | $0.5700 | $0.5700 |
| Sep 5, 2024 | Sep 20, 2024 | $0.5700 | $0.5700 |
| Jun 12, 2024 | Jun 26, 2024 | $0.5200 | $0.5200 |
| Feb 22, 2024 | Mar 22, 2024 | $0.5200 | $0.5200 |
| Nov 20, 2023 | Dec 21, 2023 | $0.5200 | $0.5200 |
| Sep 5, 2023 | Sep 22, 2023 | $0.5200 | $0.5200 |
- Jun 8, 2026$0.6300
- Feb 17, 2026$0.6300
- Nov 18, 2025$0.6300
- Sep 4, 2025$0.6300
- Jun 10, 2025$0.5700
- Feb 20, 2025$0.5700
- Nov 19, 2024$0.5700
- Sep 5, 2024$0.5700
- Jun 12, 2024$0.5200
- Feb 22, 2024$0.5200
- Nov 20, 2023$0.5200
- Sep 5, 2023$0.5200
Historical dividend yield for STERIS (STE)
Mean trailing dividend yield using one ratio snapshot per calendar year.Mean yield1Y: 1.11%5Y: 0.93%10Y: 1.04%
Dividend per share for STERIS (STE)
CAGR (per year)1Y: 10.09%5Y: 9.28%10Y: 9.60%→ Stable
| Year | Total ($/share) | Payments |
|---|---|---|
| 2005 | $0.12 | 3 |
| 2006 | $0.17 | 4 |
| 2007 | $0.22 | 4 |
| 2008 | $0.28 | 4 |
| 2009 | $2.41 | 4 |
| 2010 | $0.52 | 4 |
| 2011 | $0.64 | 4 |
| 2012 | $0.72 | 4 |
| 2013 | $0.80 | 4 |
| 2014 | $0.88 | 4 |
| 2015 | $0.96 | 4 |
| 2016 | $1.06 | 4 |
| 2017 | $1.18 | 4 |
| 2018 | $1.30 | 4 |
| 2019 | $1.42 | 4 |
| 2020 | $1.54 | 4 |
| 2021 | $1.66 | 4 |
| 2022 | $1.80 | 4 |
| 2023 | $1.98 | 4 |
| 2024 | $2.18 | 4 |
| 2025 | $2.40 | 4 |
| 2026 | $1.26 | 2 |
Dividend growth for STERIS (STE)
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 | $2.4000 | — | — |
| 2025 | $2.1800 | $2.4000 | +10.1% |
| 2024 | $1.9800 | $2.1800 | +10.1% |
| 2023 | $1.8000 | $1.9800 | +10.0% |
| 2022 | $1.6600 | $1.8000 | +8.4% |
| 2021 | $1.5400 | $1.6600 | +7.8% |
| 2020 | $1.4200 | $1.5400 | +8.5% |
| 2019 | $1.3000 | $1.4200 | +9.2% |
| 2018 | $1.1800 | $1.3000 | +10.2% |
| 2017 | $1.0600 | $1.1800 | +11.3% |
| 2016 | $0.9600 | $1.0600 | +10.4% |
| 2015 | $0.8800 | $0.9600 | +9.1% |
| 2014 | $0.8000 | $0.8800 | +10.0% |
| 2013 | $0.7200 | $0.8000 | +11.1% |
| 2012 | $0.6400 | $0.7200 | +12.5% |
| 2011 | $0.5200 | $0.6400 | +23.1% |
| 2010 | $2.4100 | $0.5200 | -78.4% |
| 2009 | $0.2800 | $2.4100 | +760.7% |
| 2008 | $0.2200 | $0.2800 | +27.3% |
| 2007 | $0.1700 | $0.2200 | +29.4% |
| 2006 | — | $0.1700 | — |
- 2026—
- 2025$2.4000
- 2024$2.1800
- 2023$1.9800
- 2022$1.8000
- 2021$1.6600
- 2020$1.5400
- 2019$1.4200
- 2018$1.3000
- 2017$1.1800
- 2016$1.0600
- 2015$0.9600
- 2014$0.8800
- 2013$0.8000
- 2012$0.7200
- 2011$0.6400
- 2010$0.5200
- 2009$2.4100
- 2008$0.2800
- 2007$0.2200
- 2006$0.1700
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
STERIS (STE) Key Financials
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