NetEase, Inc.
NTESCommunication Services · Stock · quarterly payer
Forward Yield
2.53%
Annual Dividend
$3.02
Payout Ratio
42%
5-Yr Growth
21.1%
Ex-Date
Jun 5, 2026
Frequency
Quarterly
Summary
As of September 2026, NetEase, Inc. (NTES) yields 2.53% ($3.02 per share annually), with a blended fair-value estimate of $163.87 — +33% upside, so it screens as undervalued. Dividend safety grade: C (55/100). 4 years of dividend growth.
Is NTES a good dividend stock?
MixedNetEase, Inc. (NTES) pays a quarterly dividend yielding 2.53% ($3.02/yr), with 4 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.
Advantages
- Comfortable payout ratio (42%)
- Strong 21.1% 5-yr dividend growth
- 44% total price return over 5 years
Risks
- Cut its dividend in 2024
Key Data
- Dividend Yield
- 2.53%
- Payout Ratio
- 42%
- Annual Dividend
- $3.02
- 5-Yr Avg Growth
- 21.1%
- Ex-Dividend Date
- Jun 5, 2026
- Years of Growth
- 4
- Frequency
- quarterly
- Beta
- 0.80
- Market Cap
- $74.9B
- P/E Ratio
- 15.9
- 5-Yr Total Return
- 44%
- 52-Week Range
- $106.06 – $159.55
- Dividend Safety
- C · 55/100
- Ever Cut?
- Yes (2024)
Frequently Asked Questions
NTES Price — Last 12 Months
Daily close
Price Return
1 Year
-19%
3 Years
+23%
5 Years
+44%
52-Week Range
$106.06 – $159.55
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is NTES worth?
Undervaluedlow confidenceOur blended fair-value estimate for NetEase, Inc. is $163.87 per share, versus a market price of $122.76. That implies 33% of upside — a margin of safety of about 25%.
Fair Value
$163.87
Current Price
$122.76
Upside
+33%
Margin of Safety
25%
How we get there
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 -10.0% annual free-cash-flow growth. We model 15.5% — below our estimate, leaving room for upside if the business executes.
Assumptions: 8.3% discount rate (CAPM), 15.5% stage-1 growth, 2.5% terminal growth, $7.50 EPS, $3.02 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
NTES Dividend Safety Score
Borderline
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 |
|---|---|---|---|
| Sep 3, 2026 | — | $0.4800 | regular |
| Jun 5, 2026 | — | $0.7200 | regular |
| Mar 16, 2026 | — | $1.1600 | regular |
| Dec 5, 2025 | — | $0.5700 | regular |
| Aug 28, 2025 | — | $0.5700 | regular |
| May 30, 2025 | — | $0.6750 | regular |
| Mar 6, 2025 | — | $1.2200 | regular |
| Nov 29, 2024 | — | $0.4350 | regular |
| Sep 6, 2024 | — | $0.4350 | regular |
| Jun 6, 2024 | — | $0.4950 | regular |
| Mar 13, 2024 | — | $1.0800 | regular |
| Nov 30, 2023 | — | $0.4950 | regular |
| Sep 7, 2023 | — | $0.5250 | regular |
| Jun 8, 2023 | — | $0.4650 | regular |
NTES Dividend News
Income Calculator
At $3.02 / yr per share
