Dividend Yield (TTM)
0.59%
vs 5Y avg 1.69% · 10Y avg 1.56% · price: vendor quote
Dividend Yield (Forward)
1.20%
4 payments/yr (spacing)
Dividends / Share (TTM)
$1.94
Forward (annualized): $3.88
Payout Ratio (EPS, TTM)
11.2%
Payout Ratio (FCF, TTM)
8.4%
Dividend CAGR (3Y / 5Y / 10Y)
3Y-4.0%5Y-1.2%10Y—
Consecutive Growth Years
1
as of 2025
Years Without a Cut
1
as of 2025
Total Shareholder Yield (TTM)
3.54%
Div 1.19% + Net buyback 2.35%
Growth, streak and CAGR figures exclude special dividends.
Dividend history spans multiple declared currencies (USD, CHF); growth, streak and CAGR figures use the latest constant-currency period (since 2012).
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)
3.5%
Dividends 1.2% + Net buybacks 2.3%
Net Buyback (TTM)
€2.64B
Gross €2.64B − Issuance €0
SBC (TTM)
€0
Share-based compensation, dilution driver
Net share-count change % / yr
Annual dividend growth
Dividend growth is accelerating (238.4% latest vs -22.6% 3-yr avg).
| Year | DPS (regular sum) | Change | Hikes | |
|---|---|---|---|---|
| 2025 | 2.91 | +238.4% | 1 | |
| 2024 | 0.86 | -74.8% | 0 | |
| 2023 | 3.41 | +3.6% | 1 | |
| 2022 | 3.29 | +3.5% | 1 | |
| 2021 | 3.18 | +2.9% | 1 | |
| 2020 | 3.09 | +3.7% | 1 | |
| 2019 | 2.98 | +2.8% | 1 | |
| 2018 | 2.90 | +308.5% | 1 | |
| 2017 | 0.71 | +6.0% | 1 | |
| 2016 | 0.67 | — | 1 | |
| 2014 | 1.30 | -12.8% | 1 | |
| 2013 | 1.49 | -38.2% | 1 | |
| 2012 | 2.41 | +254.4% | 1 | |
| 2011 | 0.68 | +106.1% | 1 | |
| 2010 | 0.33 | — | 0 |
Special dividends are excluded from these figures. Based on 44 regular payments.
Payment history (45 payments · 1 special)
| Δ% | Type | Frequency | Declaration | Record | Pay date | ||
|---|---|---|---|---|---|---|---|
| 2026-03-13 | $0.97 | 0.0% | Cash | quarterly | - | 2026-03-13 | 2026-04-06 |
| 2025-12-12 | $0.97 | 0.0% | Cash | quarterly | - | 2025-12-12 | 2026-01-02 |
| 2025-09-12 | $0.97 | 0.0% | Cash | quarterly | - | 2025-09-12 | 2025-10-03 |
| 2025-06-13 | $0.97 | +12.8% | Cash | quarterly | - | 2025-06-13 | 2025-07-03 |
| 2024-03-14 | $0.86 | 0.0% | Cash | quarterly | - | 2024-03-15 | 2024-04-05 |
| 2023-12-14 | $0.86 | 0.0% | Cash | quarterly | - | 2023-12-15 | 2024-01-05 |
| 2023-09-14 | $0.86 | 0.0% | Cash | quarterly | - | 2023-09-15 | 2023-10-06 |
| 2023-06-15 | $0.86 | +3.6% | Cash | quarterly | - | 2023-06-16 | 2023-07-07 |
| 2023-03-16 | $0.83 | 0.0% | Cash | quarterly | - | 2023-03-17 | 2023-04-10 |
| 2022-12-15 | $0.83 | 0.0% | Cash | quarterly | - | 2022-12-16 | 2023-01-06 |
| 2022-09-15 | $0.83 | 0.0% | Cash | quarterly | - | 2022-09-16 | 2022-10-07 |
| 2022-06-16 | $0.83 | +3.7% | Cash | quarterly | - | 2022-06-17 | 2022-07-08 |
| 2022-03-17 | $0.8 | 0.0% | Cash | quarterly | - | 2022-03-18 | 2022-04-08 |
| 2021-12-16 | $0.8 | 0.0% | Cash | quarterly | - | 2021-12-17 | 2022-01-07 |
| 2021-09-16 | $0.8 | 0.0% | Cash | quarterly | - | 2021-09-17 | 2021-10-08 |
| 2021-06-17 | $0.8 | +2.6% | Cash | quarterly | - | 2021-06-18 | 2021-07-09 |
| 2021-03-18 | $0.78 | 0.0% | Cash | quarterly | - | 2021-03-19 | 2021-04-09 |
| 2020-12-17 | $0.78 | 0.0% | Cash | quarterly | - | 2020-12-18 | 2021-01-08 |
| 2020-09-17 | $0.78 | 0.0% | Cash | quarterly | - | 2020-09-18 | 2020-10-09 |
| 2020-06-18 | $0.78 | +4.0% | Cash | quarterly | - | 2020-06-19 | 2020-07-10 |
| 2020-03-19 | $0.75 | 0.0% | Cash | quarterly | - | 2020-03-20 | 2020-04-10 |
| 2019-12-19 | $0.75 | 0.0% | Cash | quarterly | - | 2019-12-20 | 2020-01-10 |
| 2019-09-19 | $0.75 | 0.0% | Cash | quarterly | - | 2019-09-20 | 2019-10-11 |
| 2019-06-20 | $0.75 | +2.7% | Cash | quarterly | - | 2019-06-21 | 2019-07-12 |
| 2019-03-21 | $0.73 | 0.0% | Cash | quarterly | - | 2019-03-22 | 2019-04-12 |
| 2018-12-20 | $0.73 | 0.0% | Cash | quarterly | - | 2018-12-21 | 2019-01-11 |
| 2018-09-20 | $0.73 | 0.0% | Cash | quarterly | - | 2018-09-21 | 2018-10-12 |
| 2018-06-21 | $0.73 | +2.8% | Cash | quarterly | - | 2018-06-22 | 2018-07-13 |
| 2018-03-28 | $0.71 | 0.0% | Cash | quarterly | - | 2018-03-29 | 2018-04-20 |
| 2017-12-28 | $0.71 | +6.0% | Cash | quarterly | - | 2017-12-29 | 2018-01-19 |
| 2016-03-29 | $0.67 | +3.1% | Cash | quarterly | - | 2016-03-31 | 2016-04-21 |
| 2014-12-15 | $0.65 | 0.0% | Cash | quarterly | - | 2014-12-17 | 2015-01-05 |
| 2014-07-21 | $0.65 | +27.5% | Cash | quarterly | - | 2014-07-23 | 2014-08-13 |
| 2013-09-26 | $0.51 | 0.0% | Cash | quarterly | - | 2013-09-30 | 2013-10-21 |
| 2013-07-19 | $0.51 | +8.5% | Cash | quarterly | - | 2013-07-23 | 2013-08-13 |
| 2013-03-28 | $0.47 | -4.1% | Cash | quarterly | - | 2013-03-20 | 2013-04-20 |
| 2012-12-13 | $0.49 | 0.0% | Cash | quarterly | - | 2012-12-17 | 2012-12-28 |
| 2012-09-26 | $0.49 | 0.0% | Cash | quarterly | - | 2012-09-28 | 2012-10-19 |
| 2012-07-27 | $0.49 | +4.3% | Cash | quarterly | - | 2012-07-31 | 2012-08-21 |
| 2012-03-28 | $0.47 | 0.0% | Cash | quarterly | - | 2012-03-30 | 2012-04-20 |
| 2012-01-06 | $0.47 | – | Cash | quarterly | - | 2012-01-10 | 2012-01-31 |
| 2011-09-28 | CHF 0.35 | +6.1% | Cash | quarterly | - | 2011-09-30 | 2011-10-21 |
| 2011-06-28 | CHF 0.35 | – | Special | — | - | 2011-06-30 | 2011-07-21 |
| 2011-03-30 | CHF 0.33 | – | Cash | quarterly | - | 2011-04-01 | 2011-04-22 |
| 2010-12-14 | $0.33 | – | Cash | quarterly | - | 2010-12-16 | 2011-01-11 |
Amounts are in the declared currency; the listing currency is EUR.
No splits on record.