ResMed Inc.
RMDHealthcare · Stock · quarterly payer
Forward Yield
1.16%
Annual Dividend
$2.64
Payout Ratio
23%
5-Yr Growth
7.7%
Ex-Date
Aug 20, 2026
Frequency
Quarterly
Summary
As of September 2026, ResMed Inc. (RMD) yields 1.16% ($2.64 per share annually), with a blended fair-value estimate of $270.89 — +19% upside, so it screens as undervalued. Dividend safety grade: A (88/100). 13 years of dividend growth.
Is RMD a good dividend stock?
YesResMed Inc. (RMD) pays a quarterly dividend yielding 1.16% ($2.64/yr), with 13 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
- 13 consecutive years of dividend growth
- Never cut its dividend on record
- Comfortable payout ratio (23%)
- Strong 7.7% 5-yr dividend growth
- Top-tier dividend safety score
Risks
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 1.16%
- Payout Ratio
- 23%
- Annual Dividend
- $2.64
- 5-Yr Avg Growth
- 7.7%
- Ex-Dividend Date
- Aug 20, 2026
- Years of Growth
- 13
- Frequency
- quarterly
- Beta
- 0.77
- Market Cap
- $32.9B
- P/E Ratio
- 21.9
- 5-Yr Total Return
- -13%
- 52-Week Range
- $180.27 – $284.87
- Dividend Safety
- A · 88/100
- Ever Cut?
- No
Frequently Asked Questions
RMD Price — Last 12 Months
Daily close
Price Return
1 Year
-17%
3 Years
+54%
5 Years
-13%
52-Week Range
$180.27 – $284.87
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is RMD worth?
Undervaluedmedium confidenceOur blended fair-value estimate for ResMed Inc. is $270.89 per share, versus a market price of $228.35. That implies 19% of upside — a margin of safety of about 16%.
Fair Value
$270.89
Current Price
$228.35
Upside
+19%
Margin of Safety
16%
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 5.9% annual free-cash-flow growth. We model 9.9% — below our estimate, leaving room for upside if the business executes.
Assumptions: 8.1% discount rate (CAPM), 9.9% stage-1 growth, 2.5% terminal growth, $10.44 EPS, $2.64 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
RMD 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 |
|---|---|---|---|
| Aug 20, 2026 | — | $0.6600 | regular |
| May 14, 2026 | — | $0.6000 | regular |
| Feb 12, 2026 | — | $0.6000 | regular |
| Nov 13, 2025 | — | $0.6000 | regular |
| Aug 14, 2025 | — | $0.6000 | regular |
| May 8, 2025 | — | $0.5300 | regular |
| Feb 13, 2025 | — | $0.5300 | regular |
| Nov 7, 2024 | — | $0.5300 | regular |
| Aug 15, 2024 | — | $0.5300 | regular |
| May 8, 2024 | — | $0.4800 | regular |
| Feb 7, 2024 | — | $0.4800 | regular |
| Nov 8, 2023 | — | $0.4800 | regular |
| Aug 16, 2023 | — | $0.4800 | regular |
| May 10, 2023 | — | $0.4400 | regular |
Income Calculator
At $2.64 / yr per share
