Dividend Yield (TTM)
1.18%
vs 5Y avg 3.96% · 10Y avg 4.32% · price: vendor quote
Dividend Yield (Forward)
2.33%
4 payments/yr (spacing)
Dividends / Share (TTM)
$3.36
Forward (annualized): $6.72
Payout Ratio (EPS, TTM)
61.0%
Payout Ratio (FCF, TTM)
55.2%
Dividend CAGR (3Y / 5Y / 10Y)
3Y0.6%5Y0.6%10Y9.9%
Consecutive Growth Years
10
as of 2025
Years Without a Cut
10
as of 2025
Total Shareholder Yield (TTM)
2.74%
Div 2.61% + Net buyback 0.13%
Growth, streak and CAGR figures exclude special dividends.
Statement cash flows converted from the reporting currency at each fiscal year's average rate (vendor forex_rate).
Dividends per share
Cash dividends, split-adjusted · USD
Payout ratio
Dividends per share ÷ diluted EPS and ÷ free cash flow per share, by fiscal year.
Dividend yield
Trailing-twelve-month dividends ÷ month-end price.
Capital returns
Net buybacks = repurchases − stock issuance, fiscal-year cash flows. SBC shown for dilution context.
Total Shareholder Yield (TTM)
2.7%
Dividends 2.6% + Net buybacks 0.1%
Net Buyback (TTM)
€274M
Gross €748M − Issuance €474M
SBC (TTM)
€1.50B
Share-based compensation, dilution driver
Net share-count change % / yr
Annual dividend growth
Dividend growth is steady (0.6% latest vs 0.6% 3-yr avg).
| Year | DPS (regular sum, USD) | Change | Hikes | |
|---|---|---|---|---|
| 2025 | 6.71 | +0.6% | 1 | |
| 2024 | 6.67 | +0.6% | 1 | |
| 2023 | 6.63 | +0.6% | 1 | |
| 2022 | 6.59 | +0.6% | 1 | |
| 2021 | 6.55 | +0.6% | 1 | |
| 2020 | 6.51 | +1.2% | 1 | |
| 2019 | 6.43 | +3.5% | 1 | |
| 2018 | 6.21 | +5.3% | 1 | |
| 2017 | 5.90 | +7.3% | 1 | |
| 2016 | 5.50 | +111.5% | 1 | |
| 2015 | 2.60 | — | 0 |
Special dividends are excluded from these figures. Based on 43 regular payments.
Payment history (43 payments)
| Δ% | Type | Frequency | Declaration | Record | Pay date | ||
|---|---|---|---|---|---|---|---|
| 2026-02-10 | $1.68 | 0.0% | Cash | quarterly | - | 2026-02-10 | 2026-03-10 |
| 2025-11-10 | $1.68 | 0.0% | Cash | quarterly | - | 2025-11-10 | 2025-12-10 |
| 2025-08-08 | $1.68 | 0.0% | Cash | quarterly | - | 2025-08-08 | 2025-09-10 |
| 2025-05-09 | $1.68 | +0.6% | Cash | quarterly | - | 2025-05-09 | 2025-06-10 |
| 2025-02-10 | $1.67 | 0.0% | Cash | quarterly | - | 2025-02-10 | 2025-03-10 |
| 2024-11-12 | $1.67 | 0.0% | Cash | quarterly | - | 2024-11-12 | 2024-12-10 |
| 2024-08-09 | $1.67 | 0.0% | Cash | quarterly | - | 2024-08-09 | 2024-09-10 |
| 2024-05-09 | $1.67 | +0.6% | Cash | quarterly | - | 2024-05-10 | 2024-06-10 |
| 2024-02-08 | $1.66 | 0.0% | Cash | quarterly | - | 2024-02-09 | 2024-03-09 |
| 2023-11-09 | $1.66 | 0.0% | Cash | quarterly | - | 2023-11-10 | 2023-12-09 |
| 2023-08-09 | $1.66 | 0.0% | Cash | quarterly | - | 2023-08-10 | 2023-09-09 |
| 2023-05-09 | $1.66 | +0.6% | Cash | quarterly | - | 2023-05-10 | 2023-06-10 |
| 2023-02-09 | $1.65 | 0.0% | Cash | quarterly | - | 2023-02-10 | 2023-03-10 |
| 2022-11-09 | $1.65 | 0.0% | Cash | quarterly | - | 2022-11-10 | 2022-12-10 |
| 2022-08-09 | $1.65 | 0.0% | Cash | quarterly | - | 2022-08-10 | 2022-09-10 |
| 2022-05-09 | $1.65 | +0.6% | Cash | quarterly | - | 2022-05-10 | 2022-06-10 |
| 2022-02-10 | $1.64 | 0.0% | Cash | quarterly | - | 2022-02-11 | 2022-03-10 |
| 2021-11-09 | $1.64 | 0.0% | Cash | quarterly | - | 2021-11-10 | 2021-12-10 |
| 2021-08-09 | $1.64 | 0.0% | Cash | quarterly | - | 2021-08-10 | 2021-09-10 |
| 2021-05-07 | $1.64 | +0.6% | Cash | quarterly | - | 2021-05-10 | 2021-06-10 |
| 2021-02-09 | $1.63 | 0.0% | Cash | quarterly | - | 2021-02-10 | 2021-03-10 |
| 2020-11-09 | $1.63 | 0.0% | Cash | quarterly | - | 2020-11-10 | 2020-12-10 |
| 2020-08-07 | $1.63 | 0.0% | Cash | quarterly | - | 2020-08-10 | 2020-09-10 |
| 2020-05-07 | $1.63 | +0.6% | Cash | quarterly | - | 2020-05-08 | 2020-06-10 |
| 2020-02-07 | $1.62 | 0.0% | Cash | quarterly | - | 2020-02-10 | 2020-03-10 |
| 2019-11-07 | $1.62 | 0.0% | Cash | quarterly | - | 2019-11-08 | 2019-12-10 |
| 2019-08-08 | $1.62 | 0.0% | Cash | quarterly | - | 2019-08-09 | 2019-09-10 |
| 2019-05-09 | $1.62 | +3.2% | Cash | quarterly | - | 2019-05-10 | 2019-06-10 |
| 2019-02-07 | $1.57 | 0.0% | Cash | quarterly | - | 2019-02-08 | 2019-03-09 |
| 2018-11-08 | $1.57 | 0.0% | Cash | quarterly | - | 2018-11-09 | 2018-12-10 |
| 2018-08-09 | $1.57 | 0.0% | Cash | quarterly | - | 2018-08-10 | 2018-09-10 |
| 2018-05-09 | $1.57 | +4.7% | Cash | quarterly | - | 2018-05-10 | 2018-06-09 |
| 2018-02-08 | $1.5 | 0.0% | Cash | quarterly | - | 2018-02-09 | 2018-03-10 |
| 2017-11-09 | $1.5 | 0.0% | Cash | quarterly | - | 2017-11-10 | 2017-12-09 |
| 2017-08-08 | $1.5 | 0.0% | Cash | quarterly | - | 2017-08-10 | 2017-09-09 |
| 2017-05-08 | $1.5 | +7.1% | Cash | quarterly | - | 2017-05-10 | 2017-06-10 |
| 2017-02-08 | $1.4 | 0.0% | Cash | quarterly | - | 2017-02-10 | 2017-03-10 |
| 2016-11-08 | $1.4 | 0.0% | Cash | quarterly | - | 2016-11-10 | 2016-12-10 |
| 2016-08-08 | $1.4 | 0.0% | Cash | quarterly | - | 2016-08-10 | 2016-09-10 |
| 2016-05-06 | $1.4 | +7.7% | Cash | quarterly | - | 2016-05-10 | 2016-06-10 |
| 2016-02-08 | $1.3 | 0.0% | Cash | quarterly | - | 2016-02-10 | 2016-03-10 |
| 2015-11-06 | $1.3 | 0.0% | Cash | quarterly | - | 2015-11-10 | 2015-12-10 |
| 2015-08-06 | $1.3 | – | Cash | quarterly | - | 2015-08-10 | 2015-09-10 |
Amounts are in the declared currency; the listing currency is EUR.
No splits on record.