ZBH dividend analysis

ZBH dividend deep dive

Dividend snapshot for ZBH: 3.10% yield, 51% payout, $8.71 annual distribution per share. The growth track record sits at 32 consecutive years of dividend hikes.

Safety inventory on ZBH: 56/100 composite, anchored on the 56/100 Quality pillar. Watchlist band on the framework.

Hold-and-reinvest math: ZBH at 3.10% yield + 12.1% distribution growth produces 18.6% / 40.7% / 98.0% cumulative income at 5y / 10y / 20y horizons. Capital appreciation is separate.

Three sector peers anchor the ZBH comparison: KO (5.00%), PG (1.50%), PEP (2.90%). The mean peer yield is 3.13%, against 3.10% on ZBH. Use the relative position to size the income premium or discount in the thesis.

ZBH payment timeline: ex-dividend 2026-03-01, pay date 2026-03-15. The next declaration is the catalyst for the next data point on the consecutive-growth streak, which currently stands at 32 years.

Income summary on ZBH: 3.10% / 12.1% / 56. Three numbers — yield, growth, safety. The thesis hinges on whether the Quality pillar (56/100) holds through the next cycle.