Zimmer Biomet Holdings, Inc.
ZBHHealthcare · Stock · quarterly payer
Forward Yield
1.05%
Annual Dividend
$0.96
Payout Ratio
25%
5-Yr Growth
0.6%
Ex-Date
Jun 25, 2026
Frequency
Quarterly
Summary
As of July 2026, Zimmer Biomet Holdings, Inc. (ZBH) yields 1.05% ($0.96 per share annually), with a blended fair-value estimate of $121.63 — +33% upside, so it screens as undervalued. Dividend safety grade: A (88/100).
Is ZBH a good dividend stock?
YesZimmer Biomet Holdings, Inc. (ZBH) pays a quarterly dividend yielding 1.05% ($0.96/yr), with 0 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
- Never cut its dividend on record
- Comfortable payout ratio (25%)
- Top-tier dividend safety score
Risks
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 1.05%
- Payout Ratio
- 25%
- Annual Dividend
- $0.96
- 5-Yr Avg Growth
- 0.6%
- Ex-Dividend Date
- Jun 25, 2026
- Years of Growth
- 0
- Frequency
- quarterly
- Beta
- 0.46
- Market Cap
- $17.4B
- P/E Ratio
- 23.6
- 5-Yr Total Return
- -38%
- 52-Week Range
- $79.12 – $108.29
- Dividend Safety
- A · 88/100
- Ever Cut?
- No
Frequently Asked Questions
ZBH Price — Last 12 Months
Daily close
Price Return
1 Year
-14%
3 Years
-24%
5 Years
-38%
52-Week Range
$79.12 – $108.29
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is ZBH worth?
Undervaluedmedium confidenceOur blended fair-value estimate for Zimmer Biomet Holdings, Inc. is $121.63 per share, versus a market price of $91.12. That implies 33% of upside — a margin of safety of about 25%.
Fair Value
$121.63
Current Price
$91.12
Upside
+33%
Margin of Safety
25%
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 -0.9% annual free-cash-flow growth. We model 7.0% — below our estimate, leaving room for upside if the business executes.
Assumptions: 7.0% discount rate (CAPM), 7.0% stage-1 growth, 2.5% terminal growth, $3.86 EPS, $0.96 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
ZBH 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 25, 2026 | — | $0.2400 | regular |
| Mar 31, 2026 | — | $0.2400 | regular |
| Dec 30, 2025 | — | $0.2400 | regular |
| Sep 30, 2025 | — | $0.2400 | regular |
| Jun 26, 2025 | — | $0.2400 | regular |
| Mar 31, 2025 | — | $0.2400 | regular |
| Dec 30, 2024 | — | $0.2400 | regular |
| Sep 30, 2024 | — | $0.2400 | regular |
| Jun 26, 2024 | — | $0.2400 | regular |
| Mar 27, 2024 | — | $0.2400 | regular |
| Dec 26, 2023 | — | $0.2400 | regular |
| Sep 28, 2023 | — | $0.2400 | regular |
| Jun 23, 2023 | — | $0.2400 | regular |
| Mar 28, 2023 | — | $0.2400 | regular |
Income Calculator
At $0.96 / yr per share
