Dividend Yield (TTM)
1.04%
vs 5Y avg 1.25% · 10Y avg 1.52%
Dividend Yield (Forward)
1.06%
4 payments/yr (spacing)
Dividends / Share (TTM)
$2.09
Forward (annualized): $2.10
Payout Ratio (EPS, TTM)
25.1%
Payout Ratio (FCF, TTM)
24.4%
Dividend CAGR (3Y / 5Y / 10Y)
3Y1.0%5Y1.0%10Y2.4%
Consecutive Growth Years
8
as of 2025
Years Without a Cut
8
as of 2025
Total Shareholder Yield (TTM)
1.26%
Div 1.05% + Net buyback 0.20%
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)
1.3%
Dividends 1.1% + Net buybacks 0.2%
Net Buyback (TTM)
€47M
Gross €47M − Issuance €0
SBC (TTM)
€35M
Share-based compensation, dilution driver
Net share-count change % / yr
Annual dividend growth
Dividend growth is steady (1.0% latest vs 1.0% 3-yr avg).
| Year | DPS (regular sum, USD) | Change | Hikes | |
|---|---|---|---|---|
| 2025 | 2.07 | +1.0% | 1 | |
| 2024 | 2.05 | +1.0% | 1 | |
| 2023 | 2.03 | +1.0% | 1 | |
| 2022 | 2.01 | +1.0% | 1 | |
| 2021 | 1.99 | +1.0% | 1 | |
| 2020 | 1.97 | +1.5% | 1 | |
| 2019 | 1.94 | +2.1% | 1 | |
| 2018 | 1.90 | +102.1% | 1 | |
| 2017 | 0.94 | -27.7% | 1 | |
| 2016 | 1.30 | -20.7% | 1 | |
| 2015 | 1.64 | +5.8% | 1 | |
| 2014 | 1.55 | +6.9% | 1 | |
| 2013 | 1.45 | +9.0% | 1 | |
| 2012 | 1.33 | +12.7% | 1 | |
| 2011 | 1.18 | +329.1% | 1 |
Special dividends are excluded from these figures. Based on 61 regular payments.
Payment history (61 payments)
| Δ% | Type | Frequency | Declaration | Record | Pay date | ||
|---|---|---|---|---|---|---|---|
| 2026-08-31 | $0.525 | +1.0% | Cash | quarterly | 2026-08-10 | 2026-08-31 | 2026-09-15 |
| 2026-05-29 | $0.52 | 0.0% | Cash | quarterly | 2026-05-08 | 2026-05-29 | 2026-06-15 |
| 2026-02-27 | $0.52 | 0.0% | Cash | quarterly | 2026-02-12 | 2026-02-27 | 2026-03-13 |
| 2025-11-28 | $0.52 | 0.0% | Cash | quarterly | 2025-11-06 | 2025-11-28 | 2025-12-15 |
| 2025-08-29 | $0.52 | +1.0% | Cash | quarterly | 2025-08-08 | 2025-08-29 | 2025-09-15 |
| 2025-05-30 | $0.515 | 0.0% | Cash | quarterly | 2025-05-02 | 2025-05-30 | 2025-06-16 |
| 2025-02-28 | $0.515 | 0.0% | Cash | quarterly | 2025-02-13 | 2025-02-28 | 2025-03-14 |
| 2024-11-29 | $0.515 | 0.0% | Cash | quarterly | 2024-11-07 | 2024-11-29 | 2024-12-16 |
| 2024-08-30 | $0.515 | +1.0% | Cash | quarterly | 2024-08-02 | 2024-08-30 | 2024-09-16 |
| 2024-05-31 | $0.51 | 0.0% | Cash | quarterly | 2024-05-03 | 2024-05-31 | 2024-06-14 |
| 2024-02-28 | $0.51 | 0.0% | Cash | quarterly | 2024-02-08 | 2024-02-29 | 2024-03-15 |
| 2023-11-29 | $0.51 | 0.0% | Cash | quarterly | 2023-11-02 | 2023-11-30 | 2023-12-15 |
| 2023-08-30 | $0.51 | +1.0% | Cash | quarterly | 2023-08-03 | 2023-08-31 | 2023-09-15 |
| 2023-05-30 | $0.505 | 0.0% | Cash | quarterly | 2023-05-05 | 2023-05-31 | 2023-06-15 |
| 2023-02-27 | $0.505 | 0.0% | Cash | quarterly | 2023-02-10 | 2023-02-28 | 2023-03-15 |
| 2022-11-29 | $0.505 | 0.0% | Cash | quarterly | 2022-11-03 | 2022-11-30 | 2022-12-15 |
| 2022-08-30 | $0.505 | +1.0% | Cash | quarterly | 2022-08-04 | 2022-08-31 | 2022-09-15 |
| 2022-05-27 | $0.5 | 0.0% | Cash | quarterly | 2022-05-06 | 2022-05-31 | 2022-06-15 |
| 2022-02-25 | $0.5 | 0.0% | Cash | quarterly | 2022-02-11 | 2022-02-28 | 2022-03-15 |
| 2021-11-29 | $0.5 | 0.0% | Cash | quarterly | 2021-11-04 | 2021-11-30 | 2021-12-14 |
| 2021-08-30 | $0.5 | +1.0% | Cash | quarterly | 2021-08-05 | 2021-08-31 | 2021-09-15 |
| 2021-05-27 | $0.495 | 0.0% | Cash | quarterly | 2021-05-07 | 2021-05-28 | 2021-06-15 |
| 2021-02-25 | $0.495 | 0.0% | Cash | quarterly | 2021-02-12 | 2021-02-26 | 2021-03-15 |
| 2020-11-27 | $0.495 | 0.0% | Cash | quarterly | 2020-11-05 | 2020-11-30 | 2020-12-14 |
| 2020-08-28 | $0.495 | +1.0% | Cash | quarterly | 2020-08-06 | 2020-08-31 | 2020-09-15 |
| 2020-05-28 | $0.49 | 0.0% | Cash | quarterly | 2020-05-07 | 2020-05-29 | 2020-06-15 |
| 2020-02-27 | $0.49 | 0.0% | Cash | quarterly | 2020-02-14 | 2020-02-28 | 2020-03-16 |
| 2019-11-27 | $0.49 | 0.0% | Cash | quarterly | 2019-11-07 | 2019-11-29 | 2019-12-16 |
| 2019-08-29 | $0.49 | +2.1% | Cash | quarterly | 2019-08-01 | 2019-08-30 | 2019-09-16 |
| 2019-05-30 | $0.48 | 0.0% | Cash | quarterly | 2019-05-03 | 2019-05-31 | 2019-06-17 |
| 2019-02-27 | $0.48 | 0.0% | Cash | quarterly | 2019-02-15 | 2019-02-28 | 2019-03-15 |
| 2018-11-29 | $0.48 | 0.0% | Cash | quarterly | 2018-11-01 | 2018-11-30 | 2018-12-17 |
| 2018-08-30 | $0.48 | +2.1% | Cash | quarterly | 2018-08-03 | 2018-08-31 | 2018-09-17 |
| 2018-05-30 | $0.47 | 0.0% | Cash | quarterly | 2018-05-04 | 2018-05-31 | 2018-06-15 |
| 2018-02-27 | $0.47 | 0.0% | Cash | quarterly | 2018-02-12 | 2018-02-28 | 2018-03-15 |
| 2017-11-29 | $0.47 | 0.0% | Cash | quarterly | 2017-11-03 | 2017-11-30 | 2017-12-15 |
| 2017-08-29 | $0.47 | +6.8% | Cash | quarterly | 2017-08-07 | 2017-08-31 | 2017-09-15 |
| 2016-11-28 | $0.44 | 0.0% | Cash | quarterly | 2016-11-07 | 2016-11-30 | 2016-12-15 |
| 2016-08-29 | $0.44 | +4.8% | Cash | quarterly | 2016-08-08 | 2016-08-31 | 2016-09-15 |
| 2016-02-25 | $0.42 | 0.0% | Cash | quarterly | 2016-02-11 | 2016-02-29 | 2016-03-15 |
| 2015-11-25 | $0.42 | 0.0% | Cash | quarterly | 2015-11-05 | 2015-11-30 | 2015-12-15 |
| 2015-08-27 | $0.42 | +5.0% | Cash | quarterly | 2015-08-06 | 2015-08-31 | 2015-09-15 |
| 2015-05-27 | $0.4 | 0.0% | Cash | quarterly | 2015-05-11 | 2015-05-29 | 2015-06-15 |
| 2015-02-25 | $0.4 | 0.0% | Cash | quarterly | 2015-02-17 | 2015-02-27 | 2015-03-16 |
| 2014-11-25 | $0.4 | 0.0% | Cash | quarterly | 2014-11-06 | 2014-11-28 | 2014-12-15 |
| 2014-08-27 | $0.4 | +6.7% | Cash | quarterly | 2014-08-07 | 2014-08-29 | 2014-09-15 |
| 2014-05-28 | $0.375 | 0.0% | Cash | quarterly | 2014-05-01 | 2014-05-30 | 2014-06-16 |
| 2014-03-12 | $0.375 | 0.0% | Cash | quarterly | 2014-02-13 | 2014-03-14 | 2014-03-31 |
| 2013-11-26 | $0.375 | 0.0% | Cash | quarterly | 2013-11-07 | 2013-11-29 | 2013-12-16 |
| 2013-08-28 | $0.375 | +7.1% | Cash | quarterly | 2013-08-01 | 2013-08-30 | 2013-09-16 |
| 2013-05-29 | $0.35 | 0.0% | Cash | quarterly | 2013-05-02 | 2013-05-31 | 2013-06-15 |
| 2013-02-26 | $0.35 | 0.0% | Cash | quarterly | 2013-02-14 | 2013-02-28 | 2013-03-15 |
| 2012-11-28 | $0.35 | 0.0% | Cash | quarterly | 2012-11-01 | 2012-11-30 | 2012-12-15 |
| 2012-08-29 | $0.35 | +11.1% | Cash | quarterly | 2012-08-04 | 2012-08-31 | 2012-09-15 |
| 2012-05-29 | $0.315 | 0.0% | Cash | quarterly | 2012-05-04 | 2012-05-31 | 2012-06-15 |
| 2012-02-27 | $0.315 | 0.0% | Cash | quarterly | 2012-02-10 | 2012-02-29 | 2012-03-15 |
| 2011-11-28 | $0.315 | 0.0% | Cash | quarterly | 2011-11-05 | 2011-11-30 | 2011-12-15 |
| 2011-08-29 | $0.315 | +14.5% | Cash | quarterly | 2011-08-05 | 2011-08-31 | 2011-09-15 |
| 2011-05-26 | $0.275 | 0.0% | Cash | quarterly | 2011-05-07 | 2011-05-31 | 2011-06-15 |
| 2011-02-24 | $0.275 | 0.0% | Cash | quarterly | 2011-02-11 | 2011-02-28 | 2011-03-15 |
| 2010-11-26 | $0.275 | – | Cash | quarterly | 2010-11-05 | 2010-11-30 | 2010-12-15 |
Amounts are in the declared currency; the listing currency is EUR.
No splits on record.