Trailing Dividend / Share
$1.01
Westinghouse Air Brake Technologies Corporation (WAB) Dividend History
Income profile from 1995 to 2026 with payout safety and yield-on-cost trend
Dividend Yield
0.4%
Payout Ratio
14.8%
Sustainable
Dividend Streak
4 years
WAB Dividend Income Check
Safety
14.8% payout ratio with sustainable safety profile.
Consistency
4 straight years of dividend increases.
Income Trend
Yield on cost is 1.4% and trend is rising.
WAB Dividend Scorecard
Yield & Income
Dividend Yield0.4%
Trailing DPS$1.01
FrequencySemi-Annual
Payments / 12M4
Payout Safety
Earnings Payout14.8%
Earnings SafetySustainable
FCF Payout10.4%
FCF SafetyWell Covered
Piotroski F-Score5/9
Growth
Growth Streak4 years
3Y CAGR18.6%
5Y CAGR15.8%
Yield on Cost (5Y)1.4%
YOC Trendrising
Total Returns
Buyback Yield0.5%
Total Shareholder Yield0.8%
1Y Total Return36.9%
5Y Total Return257.8%
Div Contribution (5Y)5.1%
Estimated $10K growth (return + dividends):
5Y ago$35,78110Y ago$38,14420Y ago$169,727
Uses precomputed total return metrics from screening data (not lot-by-lot dividend reinvestment transactions). Different time windows can produce different outcomes depending on market regime and entry point.
WAB Income Growth Story
Dividend per share and yield on cost over time (32 years of payments)
WAB Dividend Safety Story
EPS is the container — dividend is what's drawn out
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Dividend Analysis
Payout Safety
Westinghouse Air Brake Technologies Corporation distributes 14.8% of earnings as dividends (Sustainable). When measured against free cash flow—a stricter test—the payout ratio stands at 10.4%, rated "Well Covered".
Piotroski F-Score: 5/9 — moderate financial health.
Growth Track Record
WAB has raised its dividend for 4 consecutive years, with a 3-year CAGR of 18.6% and 5-year CAGR of 15.8%.
Total Shareholder Returns
Beyond cash dividends, WAB returns capital through share repurchases. The combined picture: 0.4% dividend yield, 0.5% buyback yield, 0.8% total shareholder yield.
Income Trend & Total Return
Yield on cost (5-year basis) has reached 1.4% and is currently rising. The 5-year total return is 257.8%, with dividends contributing 5.1% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $38,144 today.
WAB Recent Dividend Payments
Last 20 payments · Semi-Annual
TTM Total$3.94
Avg/Payment$0.1970
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| May 22, 2026Latest | $0.3100 | — | 43.68% | Jun 3, 2026 |
| Feb 17, 2026 | $0.3100 | ↑ +24.0% | 40.82% | Mar 2, 2026 |
| Nov 12, 2025 | $0.2500 | — | 47.70% | Nov 26, 2025 |
| Aug 14, 2025 | $0.2500 | — | 49.75% | Aug 28, 2025 |
| May 27, 2025 | $0.2500 | — | 44.29% | Jun 10, 2025 |
| Feb 21, 2025 | $0.2500 | ↑ +25.0% | 46.04% | Mar 7, 2025 |
| Nov 13, 2024 | $0.2000 | — | 40.23% | Nov 27, 2024 |
| Aug 14, 2024 | $0.2000 | — | 49.33% | Aug 28, 2024 |
WAB Dividend vs Peers
Comparable companies in the same industry
#7 yield in peer group
Div Yield
0.4%
#7 of 7
Safety
Sustainable
14.8% payout
Streak
4Y
15.8% 5Y CAGR
Total Shareholder
0.8%
#7 of 7
| Company | Mkt Cap | Yield | Payout | Streak | Safety |
|---|---|---|---|---|---|
| WABWestinghouse Air Bra… | $46.5B | 0.4% | 14.8% | 4 | Sustainable |
 TTTrane Technologies p… | $107.0B | 0.8% | 28.7% | 15 | Sustainable |
 ITTITT Inc. | $17.6B | 0.7% | 22.7% | 23 | Sustainable |
 ALSNAllison Transmission… | $9.9B | 0.9% | 14.6% | 6 | Sustainable |
1st  TRNTrinity Industries, … | $2.8B | 3.5% | 39.0% | 15 | Sustainable |
2nd  GBXThe Greenbrier Compa… | $1.5B | 2.5% | 19.4% | 3 | Sustainable |
3rd  HONHoneywell Internatio… | $145.1B | 2.0% | 62.9% | 8 | Watch |
WAB Annual Dividend History (1993–2026)
34 years of dividend data
GrowthDecline
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2026YTD | $0.62 | — | 2 | — | — | — | 0.9% |
| 2025 | $1.00 | 25.0% | 4 | $6.83 | 14.6% | 6.83x | 1.4% |
| 2024 | $0.80 | 17.6% | 4 | $6.04 | 13.2% | 7.55x | 1.1% |
| 2023 | $0.68 | 13.3% | 4 | $4.54 | 15.0% | 6.68x | 0.9% |
| 2022 | $0.60 | 25.0% | 4 | $3.46 | 17.3% | 5.77x | 0.8% |
| 2021 | $0.48 | 0.0% | 4 | $2.96 | 16.2% | 6.17x | 0.7% |
| 2020 | $0.48 | 0.0% | 4 | $2.17 | 22.1% | 4.52x | 0.7% |
| 2019 | $0.48 | 0.0% | 4 | $1.84 | 26.1% | 3.83x | 0.7% |
| 2018 | $0.48 | 9.1% | 4 | $3.06 | 15.7% | 6.38x | 0.7% |
| 2017 | $0.44 | 22.2% | 4 | $2.72 | 16.2% | 6.18x | 0.6% |
Consensus-Based Analysis Tools
Full Stock Analysis
Deep dive into WAB consensus models and risk factors.
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Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
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Historical Returns
31+ years return with dividends reinvested.
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DCA Calculator
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Peer Comparison
Compare growth, multiples, and margins vs sector.
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WAB — Frequently Asked Questions
Quick answers to the most common questions about buying WAB stock.
How much dividend does WAB pay per share?
Westinghouse Air Brake Technologies Corporation (WAB) pays a trailing 12-month dividend of $1.01 per share, with a current dividend yield of +0.4%. Payments are made Semi-Annual.
When is WAB's next ex-dividend date?
WAB's most recent ex-dividend date is N/A. You must own shares before the ex-dividend date to receive the next payment. WAB typically pays dividends Semi-Annual.
Is WAB's dividend safe?
WAB's dividend safety is rated "Sustainable" based on an earnings payout ratio of +14.8% and FCF payout ratio of +10.4%. The 4-year growth streak provides moderate confidence.
Is WAB a Dividend Payer?
Yes, Westinghouse Air Brake Technologies Corporation is classified as a Dividend Payer with 4 consecutive years of dividend increases. The 5-year dividend CAGR is +15.8%, demonstrating above-inflation dividend growth.
How often does WAB pay dividends?
Westinghouse Air Brake Technologies Corporation pays dividends Semi-Annual. The trailing 12-month total is $1.01 per share. Dividend data on this page covers 31+ years from 1995 to 2026.
How much would $10,000 invested in WAB grow with dividend reinvestment?
With dividends reinvested (DRIP), $10,000 invested in WAB five years ago would be worth approximately $35,781 today. This includes both price appreciation and compounded dividend reinvestment. Use the DRIP calculator above for other time periods.
What is WAB's yield on cost for long-term holders?
WAB's yield on cost — the current dividend divided by the original purchase price — is +1.4% for a 5-year holding period. This means long-term holders earn a higher effective yield than today's +0.4% market yield, thanks to consistent dividend growth.