Jabil dividend: cash cover and yield
MyStockButler's October 2026 analysis: Jabil pays $0.32 per share, unchanged for five consecutive years. Its fiscal 2026 free cash flow was $1,374 million and shareholder payments were $1,095 million, so the dividend was within the cash distributed.
How much does Jabil pay per share over the years shown?
The dividend stays at $0.32 per share in every case and every year. That reflects five consecutive years of unchanged DPS, the absence of dividend-growth guidance and management’s preference for balancing investment with buybacks.
| Aug 2026 | Aug 2025 | Aug 2024 | Aug 2023 | Aug 2022 | |
|---|---|---|---|---|---|
| − Dividends paid, per share | 0.33 | 0.32 | 0.34 | 0.33 | 0.33 |
| − Share buybacks, per share | 9.92 | 9.02 | 20.11 | 3.58 | 4.82 |
| = FCF not paid out, per share | 1.23 |
What this means. The company's own free cash flow per share is higher because it adds back shares given to employees as pay, while our count treats that pay as a cost.
How much would Jabil's dividend pay you?
$10,000 invested in Jabil at its 0.1% dividend yield (our report of October 20, 2026) pays $10.00 in the first year, before tax. If its dividend per share keeps changing 0.0% a year, as it did from Aug 2022 to Aug 2026, and the dividends are reinvested, year 10 pays $10.09, with $100.45 received in all.
Before tax. Past dividend growth is not a promise. Information only, not investment advice.
Does Jabil's cash cover its dividend?
Free cash flow is the operating cash left after capital expenditure, before acquisitions, debt movements and shareholder payments. Jabil generated $1,374 million of it in fiscal 2026 and paid shareholders $1,095 million. Acquisitions then required $852 million, so operating cash alone could not fund both distributions and expansion.
| Aug 2026 | Aug 2025 | Aug 2024 | Aug 2023 | Aug 2022 | |
|---|---|---|---|---|---|
| Free cash flow | 1,374 | 1,172 | |||
| − Dividends paid | 35 | 36 | 42 | 45 | 48 |
| − Share buybacks | 1,060 | 1,000 | 2,500 | 487 | 696 |
| = Free cash flow not paid out | 136 | ||||
| Paid out, % of free cash flow | 79.7% | 88.4% |
What this means. The missing 2026 net debt means the report did not provide enough information to subtract all borrowing, including finance leases, from the cash on hand.
What is Jabil's dividend yield today versus its share price?
The range is wide because the bear case reaches only $301.13 by October 2029, while the bull case reaches $780.24. The starting share price is $276.94.
| Today (Oct 20, 2026) | |
|---|---|
| Share price | 276.935 |
| Market value (calculated) | 29,019.21 |
| Dividend yield (calculated) | 0.1% |
What this means. The next 12 months price-to-earnings ratio uses analysts’ expected profit, so it is only an estimate and may not match what the company actually earns.