Does Bayer AG (BAYRY) Pay a Dividend? (2026)
Last updated October 2026
Short answer
Yes. Bayer AG (BAYRY) pays a dividend yielding about 0.26% as of October 2026, paid once a year. The latest payment on record was $0.0320 per share, ex-dividend April 28, 2026. The forward annual rate is roughly $0.0300 per share, about $26 a year on a $10,000 position before tax. Figures are approximate and dated; verify the current number with your broker.
Does Bayer AG (BAYRY) pay a dividend?
Yes. Bayer AG distributes a dividend yielding roughly 0.26% as of October 2026, paid once a year. The most recent payment on record was $0.0320 per share, with an ex-dividend date of April 28, 2026. Annualized, that is about $0.0300 per share.
At ~EUR 44 a share, Bayer trades at roughly 9 to 11 times its 2026 core EPS guidance and around 7 to 8 times enterprise value to EBITDA before special items, a discount to large European pharma and agrochemical peers that reflects leverage and residual litigation risk. Reported net income has been negative (a net loss of ~EUR 3.6 billion in 2025, driven by litigation provisions), so trailing P/E figures on data sites can look meaningless or distorted. The dividend has been EUR 0.11 per share, a yield well under 1%, while cash goes to settlements and debt reduction.
BAYRY dividend at a glance
| 2026-04-28 | $0.032 |
| 2025-04-29 | $0.031 |
| 2024-04-29 | $0.03 |
| 2023-05-02 | $0.632 |
| 2022-05-02 | $0.549 |
| 2021-04-28 | $0.594 |
BAYRY dividend data as of October 2026, sourced from Yahoo Finance and may be delayed. Yield moves with price and payout; confirm the current dividend and ex-date with BAYRY's investor relations page before relying on it.
Is the BAYRY dividend covered?
Bayer AG paid out about 171% of reported net income as dividends, which means the dividend was larger than accounting earnings over the period. That sounds alarming and sometimes is, but it is normal and expected for REITs, BDCs, and companies carrying large non-cash charges such as amortization, because those businesses are judged on cash measures (FFO, AFFO, or distributable net investment income) rather than GAAP net income. The useful check for BAYRY is whether the cash-flow measure covers the payout, not the earnings-based ratio.
Coverage is the question worth asking before yield. A dividend is only as good as the earnings behind it, and the highest yields on any screen are often the ones closest to being cut. Walnut is informational and is not an investment adviser.
How the BAYRY dividend has changed
The latest payment of $0.0320 per share compares with $0.0310 in the equivalent payment a year earlier (April 29, 2025). That is a change of 3.2% over the year.
A single year says little on its own. What dividend-growth investors track is the multi-year record: whether the payout has risen through a downturn, and whether the raises have kept pace with inflation. That record is on BAYRY's investor relations page.
What BAYRY's dividend means for you
- Income: about $26 a year per $10,000 invested, before tax.
- Yield is a ratio, not a payment: it rises when the share price falls. A jump in yield without a raise in the dividend means the stock got cheaper, which may or may not be good news.
- Total return: for BAYRY the dividend is one part of return and price change is usually the larger part. Compare total return, not yield, when weighing it against another holding.
- Reinvest or take the cash: a DRIP compounds the position automatically; taking the cash gives you income now. Either way it is taxable in a taxable account.
- If you want more yield: dedicated dividend names and funds target higher, steadier payouts. See the best dividend stocks and best dividend ETFs.
How BAYRY dividends are taxed
Dividends from US common stock are usually qualified, which means they are taxed at long-term capital-gains rates rather than as ordinary income, as long as you held the shares for more than 60 days in the 121-day window around the ex-dividend date. Distributions from REITs and BDCs generally do not qualify and are taxed as ordinary income. Inside an IRA, Roth, or 401(k) none of this applies while the money stays in the account. Full detail is in how dividends are taxed. This is not tax advice.
The bottom line on the BAYRY dividend
Bayer AG (BAYRY) pays about 0.26%, or roughly $0.0300 per share a year. At that level the dividend is a modest supplement rather than the reason to own it: the case rests on total return. For the full picture see the BAYRY guide. Walnut can show how BAYRY fits your real portfolio. It is not an investment adviser.
Investing in Bayer AG with AI
Connect the broker you already use and ask Walnut's AI how BAYRY fits what you actually hold: whether you own it already through a fund, what it would do to your concentration, and how it has tracked the S&P 500. Read-only by default, and you approve anything before it reaches your broker.
FAQ
Does Bayer AG (BAYRY) pay a dividend?
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Yes. Bayer AG pays a dividend yielding roughly 0.26% as of October 2026, paid once a year. The most recent payment on record was $0.0320 per share with an ex-dividend date of April 28, 2026. That works out to a forward annual rate of about $0.0300 per share. Yields move with the share price, so verify the current figure with your broker or BAYRY's investor relations page before relying on it.
What is BAYRY's dividend yield?
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About 0.26% as of October 2026. On a $10,000 position that is roughly $26 of dividend income a year before tax. For context, the S&P 500 yields around 1.2%, so BAYRY yields meaningfully less than the broad market. A higher yield is not automatically better: it can reflect a falling share price as easily as a generous payout, so it is worth checking why the number is what it is.
How often does BAYRY pay its dividend?
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Bayer AG pays once a year. The most recent payment on record had an ex-dividend date of April 28, 2026. To receive a given payment you have to own the shares before the ex-dividend date, not on the pay date. Confirm upcoming dates on BAYRY's investor relations page, because boards can change both the amount and the timing.
When is BAYRY's ex-dividend date?
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The ex-dividend date recorded in our October 2026 data pull is April 28, 2026. The ex-dividend date is the cutoff: buy on or after it and the seller keeps that payment, not you. Buying just before the ex-date to capture the dividend does not create free money, because the share price typically drops by roughly the dividend amount when the stock goes ex. Check BAYRY's investor relations page for the next confirmed date.
Has Bayer AG raised its dividend recently?
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Yes. The latest payment of $0.0320 per share is above the $0.0310 paid in the same slot a year earlier, an increase of about 3.2%. One raise is not a policy, though: check the multi-year record on BAYRY's investor relations page, since a long streak of increases is what dividend-growth investors actually look for.
Is BAYRY's dividend safe?
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Bayer AG paid out about 171% of reported net income as dividends, which means the dividend was larger than accounting earnings over the period. That sounds alarming and sometimes is, but it is normal and expected for REITs, BDCs, and companies carrying large non-cash charges such as amortization, because those businesses are judged on cash measures (FFO, AFFO, or distributable net investment income) rather than GAAP net income. The useful check for BAYRY is whether the cash-flow measure covers the payout, not the earnings-based ratio. Nobody can guarantee a dividend: boards cut them, and a high yield is sometimes the market pricing in exactly that. Walnut is not an investment adviser and this is not a recommendation.
How much would I earn in dividends from a $10,000 position in BAYRY?
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At a yield of about 0.26%, roughly $26 a year before tax, spread across 1 payment. That is a snapshot, not a promise: the amount changes when the company changes its payout, and your yield on cost is fixed at the price you paid, not at today's price.
Are BAYRY dividends qualified for tax purposes?
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Dividends from US common stock are usually qualified, meaning they are taxed at the lower long-term capital-gains rates, provided you held the shares for more than 60 days in the 121-day window around the ex-dividend date. Distributions from REITs, BDCs, and some pass-through structures are generally taxed as ordinary income instead. In an IRA or Roth the question does not arise. See our guide to how dividends are taxed. This is not tax advice.
Should I reinvest BAYRY dividends?
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Most brokers offer automatic reinvestment (a DRIP) that puts each BAYRY payment straight back into more shares, often fractional ones. Reinvesting compounds the position and is the standard choice when you do not need the cash yet. Taking the cash makes sense when you are spending the income or want to direct it elsewhere. Either way the dividend is taxable in a taxable account in the year it is paid, even if you never see the money.
How does the BAYRY ADR work: ratio, currency and dividends?
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Four BAYRY ADRs represent one Bayer ordinary share, so at ~EUR 44 per share and an exchange rate near $1.11 to $1.12 per euro, each ADR should trade around a quarter of the dollar value of one share, roughly $12. Because the underlying shares are priced in euros, BAYRY moves with both Bayer's share price and the EUR/USD exchange rate: a stronger euro lifts the ADR even if the German shares are flat. Dividends are declared in euros, converted to dollars by the depositary, and subject to German withholding tax (a headline rate of ~26.4%, which US investors may partly reclaim or credit under the US-Germany tax treaty's 15% rate). Depositary fees may also be deducted. OTC trading volume is thinner than in Frankfurt, so spreads can be wider.
Does Bayer pay a dividend?
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Yes, but it is small. Bayer cut its dividend to EUR 0.11 per share, the minimum required under German corporate law, starting with the payment for fiscal 2023, and has held it there while it directs cash to litigation settlements and debt reduction. At a share price around EUR 44 that is a yield well below 1%. For BAYRY holders, each ADR represents a quarter of a share, so the gross dividend per ADR is roughly EUR 0.0275 before conversion to dollars, German withholding tax and any depositary fees. Bayer pays once a year, typically in late April or early May after its annual general meeting. Management has tied any increase to deleveraging progress.
Walnut is informational, not investment advice. Dividend figures on this page come from a October 2026 data pull and are approximate; verify the current yield, amount, schedule, and policy with BAYRY's investor relations page or your broker before acting on them.