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Danaher Corporation (DHR) logo

Danaher Corporation

S&P 500
DHR|Healthcare|Diagnostics & Research|$171.16|P/E 33.2|MCap 121.1B|NYSE

Last update: May 9, 2026 at 09:32

Dividend Safety Rating

89/ 100Very Safe

DHR's dividend appears very safe. Strengths include a 26.4% earnings payout ratio & 17.2% fcf payout ratio. Areas of concern: 7.1% return on equity. The dividend has been growing at a 14.93% 5-year CAGR.

Based on 15 of 15 metrics

Strengths

  • Earnings Payout Ratio: 26.4%Low earnings payout ratio leaves room to grow the dividend.
  • FCF Payout Ratio: 17.2%Free cash flow comfortably covers the dividend.
  • CFO Payout Ratio: 15.6%Operating cash flow strongly supports the payout.

Risks

  • Return on Equity: 7.1%Return on equity is below industry norms.

Payout & Coverage

Very Safe
Earnings Payout Ratio
26.4%Very Safe
FCF Payout Ratio
17.2%Very Safe
CFO Payout Ratio
15.6%Very Safe
Interest Coverage
17.0xVery Safe

Balance Sheet

Safe
Net Debt / Total Assets
18.1%Safe
Current Ratio
1.9xSafe
Debt-to-Equity
37.2Very Safe

Profitability

Safe
Return on Equity
7.1%Warning
Operating Margin
22.9%Safe
Gross Margin
60.3%Very Safe
Profit Margin Stability
ModerateCaution

Dividend Track Record

Very Safe
Dividend Streak
11+ yrsVery Safe
Dividend Cut
NoneVery Safe
5-Year Dividend CAGR
14.9%Very Safe
Earnings Stability
GrowingVery Safe

About Danaher Corporation

Danaher Corporation designs, manufactures, and markets professional, medical, research, and industrial products and services globally, with a primary focus on the United States, China, and other international markets. Operating through three key segments—Biotechnology, Life Sciences, and Diagnostics—the company provides bioprocessing technologies, consumables, and solutions that accelerate therapeutic development and manufacturing, including cell culture media, chromatography resins, filtration systems, and single-use hardware for full manufacturing suites. Its Life Sciences division supports advanced research tools, while Diagnostics offers essential testing and healthcare filtration solutions. Originally founded in 1969 and transformed through strategic acquisitions and divestitures, such as the 2023 spin-off of its environmental solutions into Veralto, Danaher now concentrates on scientific instruments and consumables in the diagnostics and research sector. Employing around 62,000 to 63,000 people under CEO Rainer Blair, Danaher plays a pivotal role in the healthcare and life sciences industries, driving innovation in biopharma production and medical diagnostics with a strong emphasis on recurring revenue streams.

Dividend Overview

Dividend Yield

0.79%

Annual Dividend

$1.36

Frequency

Quarterly

Payout Ratio

26.36%

FCF Payout Ratio

17.20%

Stock Price

$171.16

52-Week Range

$170.74 $242.80

Dividend History (2016–2025)

DHR annual dividend per share and yield history

Earnings & Profitability

DHR earnings per share and net profit margin

Key Dates

Next Ex-Dividend Date

June 26, 2026

Next Payment Date

July 31, 2026

Dividend Growth

3-Year Dividend CAGR

13.03%

5-Year Dividend CAGR

14.93%

10-Year Dividend CAGR

13.43%

3-Year Total Growth

44.39%

5-Year Total Growth

100.53%

10-Year Total Growth

252.71%

Income Calculator

DHR Dividend Calculator

Total Investment

$17,116.00

Annual Income

$136.00

Quarterly Income

$34.00

Monthly Income

$11.33

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Frequently Asked Questions

What is DHR's current dividend yield?
Danaher Corporation (DHR) currently has a dividend yield of 0.79%, based on a stock price of $171.16 and an annual dividend of $1.36.
When is DHR's next dividend payment date?
DHR's next ex-dividend date is 2026-06-26 and the next payment date is 2026-07-31. You must own the stock before the ex-dividend date to receive the upcoming payment.
How much does DHR pay in dividends per year?
Danaher Corporation paid $1.28 per share in annual dividends in 2025. The dividends are paid quarterly.
Has DHR been increasing its dividend?
Danaher Corporation has grown its dividend at a 5-year CAGR of 14.93% and a 10-year CAGR of 13.43%.
Is DHR's dividend safe?
Danaher Corporation has a payout ratio of 26.36%. Its free cash flow payout ratio is 17.20%. A payout ratio below 60% is generally considered sustainable.
How is DHR's Dividend Safety Rating calculated?
The Dividend Safety Rating evaluates Danaher Corporation's dividend sustainability across four categories: Payout & Coverage (30%), Balance Sheet (20%), Profitability (20%), and Dividend Track Record (30%). Each metric is rated from "Very Safe" to "Danger" based on industry-standard thresholds, with sector-specific adjustments for healthcare companies. The overall score ranges from 0 to 100.

Want to understand how we rate dividend safety? Read our full methodology

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This page is not investment advice. The content is for informational purposes only and should not be construed as a recommendation to buy, sell, or hold any security. Always do your own research and consult a qualified financial advisor before making investment decisions.

Financial data, including dividend history, earnings, balance sheet metrics, and the Dividend Safety Rating, is provided for informational purposes only. Data may be delayed or differ from official filings. Past performance does not guarantee future results. Always verify with official sources before making investment decisions.

Market data provided by Twelve Data.