Games Workshop Group
GMWKFConsumer Cyclical · Stock · quarterly payer
Forward Yield
1.62%
Annual Dividend
$4.74
Payout Ratio
90%
5-Yr Growth
11.3%
Ex-Date
Jul 2, 2026
Frequency
Quarterly
Summary
As of July 2026, Games Workshop Group (GMWKF) yields 1.62% ($4.74 per share annually), with a blended fair-value estimate of $133.76 — -53% downside, so it screens as overvalued. Dividend safety grade: D (49/100).
Is GMWKF a good dividend stock?
MixedGames Workshop Group (GMWKF) pays a quarterly dividend yielding 1.62% ($4.74/yr), with 0 years of growth and a dividend-safety grade of D. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.
Advantages
- Strong 11.3% 5-yr dividend growth
- 84% total price return over 5 years
Risks
- Cut its dividend in 2025
- Elevated payout ratio (90%)
- Below-average dividend safety score
Key Data
- Dividend Yield
- 1.62%
- Payout Ratio
- 90%
- Annual Dividend
- $4.74
- 5-Yr Avg Growth
- 11.3%
- Ex-Dividend Date
- Jul 2, 2026
- Years of Growth
- 0
- Frequency
- quarterly
- Beta
- 0.94
- Market Cap
- $9.6B
- P/E Ratio
- 35.5
- 5-Yr Total Return
- 84%
- 52-Week Range
- $185.00 – $295.00
- Dividend Safety
- D · 49/100
- Ever Cut?
- Yes (2025)
Frequently Asked Questions
GMWKF Price — Last 12 Months
Daily close
Price Return
1 Year
+29%
3 Years
+93%
5 Years
+84%
52-Week Range
$185.00 – $295.00
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is GMWKF worth?
Overvaluedmedium confidenceOur blended fair-value estimate for Games Workshop Group is $133.76 per share, versus a market price of $285.00. That implies 53% of downside.
Fair Value
$133.76
Current Price
$285.00
Downside
-53%
Margin of Safety
-113%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Dividend discount
Discounts the future dividend stream 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 40.0% annual free-cash-flow growth. We model 9.3% — so the price already assumes faster growth than we think is likely.
Assumptions: 9.0% discount rate (CAPM), 9.3% stage-1 growth, 2.5% terminal growth, $8.21 EPS, $4.74 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
GMWKF Dividend Safety Score
Risky
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 |
|---|---|---|---|
| Apr 16, 2026 | — | $1.4920 | regular |
| Feb 19, 2026 | — | $0.6750 | regular |
| Aug 28, 2025 | — | $0.7430 | regular |
| Jul 10, 2025 | — | $1.1550 | regular |
| Mar 27, 2025 | — | $1.2870 | regular |
| Jan 23, 2025 | — | $1.9080 | regular |
| Jan 10, 2025 | — | $0.9850 | regular |
| Oct 24, 2024 | — | $1.0980 | regular |
| Aug 8, 2024 | — | $1.2690 | regular |
| Apr 4, 2024 | — | $1.3280 | regular |
| Jan 18, 2024 | — | $1.5210 | regular |
| Sep 28, 2023 | — | $0.6070 | regular |
| Aug 3, 2023 | — | $1.8440 | regular |
| Apr 6, 2023 | — | $1.4960 | regular |
Income Calculator
At $4.74 / yr per share
