Ermenegildo Zegna N.V.
ZGNConsumer Cyclical · Stock · annual payer
Forward Yield
1.07%
Annual Dividend
$0.14
Payout Ratio
32%
5-Yr Growth
—
Ex-Date
Jul 6, 2026
Frequency
Annual
Summary
As of July 2026, Ermenegildo Zegna N.V. (ZGN) yields 1.07% ($0.14 per share annually), with a blended fair-value estimate of $19.88 — +51% upside, so it screens as undervalued. Dividend safety grade: B (76/100). 3 years of dividend growth.
Is ZGN a good dividend stock?
YesErmenegildo Zegna N.V. (ZGN) pays a annual dividend yielding 1.07% ($0.14/yr), with 3 years of growth and a dividend-safety grade of B. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- Never cut its dividend on record
- Comfortable payout ratio (32%)
Risks
- Single-stock concentration risk — diversify
Key Data
- Dividend Yield
- 1.07%
- Payout Ratio
- 32%
- Annual Dividend
- $0.14
- 5-Yr Avg Growth
- —
- Ex-Dividend Date
- Jul 6, 2026
- Years of Growth
- 3
- Frequency
- annual
- Beta
- 0.88
- Market Cap
- $3.5B
- P/E Ratio
- 30.6
- 5-Yr Total Return
- —
- 52-Week Range
- $7.61 – $15.44
- Dividend Safety
- B · 76/100
- Ever Cut?
- No
Frequently Asked Questions
ZGN Price — Last 12 Months
Daily close
Price Return
1 Year
+64%
3 Years
-17%
5 Years
—
52-Week Range
$7.61 – $15.44
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is ZGN worth?
Undervaluedmedium confidenceOur blended fair-value estimate for Ermenegildo Zegna N.V. is $19.88 per share, versus a market price of $13.15. That implies 51% of upside — a margin of safety of about 34%.
Fair Value
$19.88
Current Price
$13.15
Upside
+51%
Margin of Safety
34%
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 8.4% annual free-cash-flow growth. We model 20.0% — below our estimate, leaving room for upside if the business executes.
Assumptions: 8.7% discount rate (CAPM), 20.0% stage-1 growth, 2.5% terminal growth, $0.43 EPS, $0.14 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
ZGN 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 |
|---|---|---|---|
| Jul 7, 2025 | — | $0.1410 | regular |
| Jul 5, 2024 | — | $0.1300 | regular |
| Jul 5, 2023 | — | $0.1090 | regular |
| Jul 5, 2022 | — | $0.0940 | regular |
Income Calculator
At $0.14 / yr per share
