Polaris Inc.
PII30 yrs growthConsumer Cyclical · Stock · quarterly payer
Forward Yield
3.83%
Annual Dividend
$2.72
Payout Ratio
373%
5-Yr Growth
1.6%
Ex-Date
Jun 1, 2026
Frequency
Quarterly
Summary
As of June 2026, Polaris Inc. (PII) yields 3.83% ($2.72 per share annually), with a blended fair-value estimate of $96.17 — +36% upside, so it screens as undervalued. Dividend safety grade: A (83/100). 30 years of dividend growth.
Is PII a good dividend stock?
YesPolaris Inc. (PII) pays a quarterly dividend yielding 3.83% ($2.72/yr), with 30 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- Dividend Aristocrat — 30 consecutive years of growth
- Top-tier dividend safety score
Risks
- Cut its dividend in 1995
- Elevated payout ratio (373%)
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 3.83%
- Payout Ratio
- 373%
- Annual Dividend
- $2.72
- 5-Yr Avg Growth
- 1.6%
- Ex-Dividend Date
- Jun 1, 2026
- Years of Growth
- 30
- Frequency
- quarterly
- Beta
- 1.26
- Market Cap
- $4.0B
- P/E Ratio
- —
- 5-Yr Total Return
- -48%
- 52-Week Range
- $38.42 – $75.25
- Dividend Safety
- A · 83/100
- Ever Cut?
- Yes (1995)
Frequently Asked Questions
PII Price — Last 12 Months
Daily close
Price Return
1 Year
+74%
3 Years
-41%
5 Years
-48%
52-Week Range
$38.42 – $75.25
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is PII worth?
Undervaluedmedium confidenceOur blended fair-value estimate for Polaris Inc. is $96.17 per share, versus a market price of $70.93. That implies 36% of upside — a margin of safety of about 26%.
Fair Value
$96.17
Current Price
$70.93
Upside
+36%
Margin of Safety
26%
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.
At today's price, the market is pricing in about 9.1% annual free-cash-flow growth. We model 20.0% — below our estimate, leaving room for upside if the business executes.
Assumptions: 10.6% discount rate (CAPM), 20.0% stage-1 growth, 2.5% terminal growth, -$7.84 EPS, $2.72 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
PII Dividend Safety Score
Very 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 1, 2026 | — | $0.6800 | regular |
| Mar 2, 2026 | — | $0.6800 | regular |
| Dec 1, 2025 | — | $0.6700 | regular |
| Sep 2, 2025 | — | $0.6700 | regular |
| Jun 2, 2025 | — | $0.6700 | regular |
| Mar 3, 2025 | — | $0.6700 | regular |
| Dec 2, 2024 | — | $0.6600 | regular |
| Sep 3, 2024 | — | $0.6600 | regular |
| Jun 3, 2024 | — | $0.6600 | regular |
| Feb 29, 2024 | — | $0.6600 | regular |
| Nov 30, 2023 | — | $0.6500 | regular |
| Aug 31, 2023 | — | $0.6500 | regular |
| May 31, 2023 | — | $0.6500 | regular |
| Feb 28, 2023 | — | $0.6500 | regular |
Income Calculator
At $2.72 / yr per share
