Universal Display Corporation
OLEDTechnology · Stock · quarterly payer
Forward Yield
2.39%
Annual Dividend
$2.00
Payout Ratio
46%
5-Yr Growth
24.6%
Ex-Date
Sep 16, 2026
Frequency
Quarterly
Summary
As of September 2026, Universal Display Corporation (OLED) yields 2.39% ($2.00 per share annually), with a blended fair-value estimate of $31.65 — -62% downside, so it screens as overvalued. Dividend safety grade: B (70/100). 8 years of dividend growth.
Is OLED a good dividend stock?
Yes, with caveatsUniversal Display Corporation (OLED) pays a quarterly dividend yielding 2.39% ($2.00/yr), with 8 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying.
Advantages
- Never cut its dividend on record
- Comfortable payout ratio (46%)
- Strong 24.6% 5-yr dividend growth
Risks
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 2.39%
- Payout Ratio
- 46%
- Annual Dividend
- $2.00
- 5-Yr Avg Growth
- 24.6%
- Ex-Dividend Date
- Sep 16, 2026
- Years of Growth
- 8
- Frequency
- quarterly
- Beta
- 1.56
- Market Cap
- $3.8B
- P/E Ratio
- 20.2
- 5-Yr Total Return
- -51%
- 52-Week Range
- $76.42 – $153.38
- Dividend Safety
- B · 70/100
- Ever Cut?
- No
Frequently Asked Questions
OLED Price — Last 12 Months
Daily close
Price Return
1 Year
-42%
3 Years
-47%
5 Years
-51%
52-Week Range
$76.42 – $153.38
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is OLED worth?
Overvaluedlow confidenceOur blended fair-value estimate for Universal Display Corporation is $31.65 per share, versus a market price of $82.98. That implies 62% of downside.
Fair Value
$31.65
Current Price
$82.98
Downside
-62%
Margin of Safety
-162%
How we get there
Discounted cash flow
Discounts projected free cash flow 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 -5.0% — so the price already assumes faster growth than we think is likely.
Assumptions: 12.0% discount rate (CAPM), -5.0% stage-1 growth, 2.5% terminal growth, $4.05 EPS, $2.00 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
OLED Dividend Safety Score
Safe
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 |
|---|---|---|---|
| Jun 16, 2026 | — | $0.5000 | regular |
| Mar 17, 2026 | — | $0.5000 | regular |
| Dec 17, 2025 | — | $0.4500 | regular |
| Sep 16, 2025 | — | $0.4500 | regular |
| Jun 16, 2025 | — | $0.4500 | regular |
| Mar 17, 2025 | — | $0.4500 | regular |
| Dec 17, 2024 | — | $0.4000 | regular |
| Sep 16, 2024 | — | $0.4000 | regular |
| Jun 14, 2024 | — | $0.4000 | regular |
| Mar 14, 2024 | — | $0.4000 | regular |
| Dec 14, 2023 | — | $0.3500 | regular |
| Sep 14, 2023 | — | $0.3500 | regular |
| Jun 15, 2023 | — | $0.3500 | regular |
| Mar 16, 2023 | — | $0.3500 | regular |
Income Calculator
At $2.00 / yr per share
