Dividend Yield (TTM)
1.69%
vs 5Y avg 3.13% · 10Y avg 3.69%
Dividend Yield (Forward)
3.39%
4 payments/yr (spacing)
Dividends / Share (TTM)
$0.84
Forward (annualized): $1.68
Payout Ratio (EPS, TTM)
33.8%
Payout Ratio (FCF, TTM)
38.0%
Dividend CAGR (3Y / 5Y / 10Y)
3Y12.4%5Y8.9%10Y7.1%
Consecutive Growth Years
8
as of 2025
Years Without a Cut
8
as of 2025
Total Shareholder Yield (TTM)
15.07%
Div 5.08% + Net buyback 9.99%
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)
15.1%
Dividends 5.1% + Net buybacks 10.0%
Net Buyback (TTM)
€352M
Gross €352M − Issuance €0
SBC (TTM)
€25M
Share-based compensation, dilution driver
Net share-count change % / yr
Annual dividend growth
Dividend growth is accelerating (14.4% latest vs 9.2% 3-yr avg).
| Year | DPS (regular sum, USD) | Change | Hikes | |
|---|---|---|---|---|
| 2025 | 1.59 | +14.4% | 1 | |
| 2024 | 1.39 | +13.9% | 1 | |
| 2023 | 1.22 | +8.9% | 1 | |
| 2022 | 1.12 | +4.7% | 1 | |
| 2021 | 1.07 | +2.9% | 1 | |
| 2020 | 1.04 | +1.0% | 0 | |
| 2019 | 1.03 | +4.0% | 1 | |
| 2018 | 0.99 | +37.5% | 1 | |
| 2017 | 0.72 | -16.3% | 1 | |
| 2016 | 0.86 | +7.5% | 1 | |
| 2015 | 0.80 | 0.0% | 0 | |
| 2014 | 0.80 | 0.0% | 0 | |
| 2013 | 0.80 | 0.0% | 0 | |
| 2012 | 0.80 | +23.1% | 0 | |
| 2011 | 0.65 | +116.7% | 1 |
Special dividends are excluded from these figures. Based on 62 regular payments.
Payment history (62 payments)
| Δ% | Type | Frequency | Declaration | Record | Pay date | ||
|---|---|---|---|---|---|---|---|
| 2026-03-04 | $0.42 | 0.0% | Cash | quarterly | - | 2026-03-04 | 2026-04-06 |
| 2025-12-04 | $0.42 | 0.0% | Cash | quarterly | - | 2025-12-04 | 2026-01-06 |
| 2025-09-04 | $0.42 | +12.0% | Cash | quarterly | - | 2025-09-04 | 2025-10-06 |
| 2025-06-04 | $0.375 | 0.0% | Cash | quarterly | - | 2025-06-04 | 2025-07-03 |
| 2025-03-04 | $0.375 | 0.0% | Cash | quarterly | - | 2025-03-04 | 2025-04-03 |
| 2024-12-05 | $0.375 | 0.0% | Cash | quarterly | - | 2024-12-05 | 2025-01-06 |
| 2024-09-05 | $0.375 | +17.2% | Cash | quarterly | - | 2024-09-05 | 2024-10-03 |
| 2024-06-05 | $0.32 | 0.0% | Cash | quarterly | - | 2024-06-05 | 2024-07-03 |
| 2024-03-04 | $0.32 | 0.0% | Cash | quarterly | - | 2024-03-05 | 2024-04-03 |
| 2023-12-04 | $0.32 | 0.0% | Cash | quarterly | - | 2023-12-05 | 2024-01-04 |
| 2023-09-06 | $0.32 | +10.3% | Cash | quarterly | - | 2023-09-07 | 2023-10-04 |
| 2023-06-06 | $0.29 | 0.0% | Cash | quarterly | - | 2023-06-07 | 2023-07-06 |
| 2023-03-06 | $0.29 | 0.0% | Cash | quarterly | - | 2023-03-07 | 2023-04-05 |
| 2022-12-05 | $0.29 | 0.0% | Cash | quarterly | - | 2022-12-06 | 2023-01-03 |
| 2022-09-07 | $0.29 | +7.4% | Cash | quarterly | - | 2022-09-08 | 2022-10-03 |
| 2022-06-07 | $0.27 | 0.0% | Cash | quarterly | - | 2022-06-08 | 2022-07-01 |
| 2022-03-07 | $0.27 | 0.0% | Cash | quarterly | - | 2022-03-08 | 2022-04-01 |
| 2021-12-03 | $0.27 | 0.0% | Cash | quarterly | - | 2021-12-06 | 2022-01-03 |
| 2021-09-09 | $0.27 | 0.0% | Cash | quarterly | - | 2021-09-10 | 2021-10-01 |
| 2021-06-24 | $0.27 | +3.8% | Cash | quarterly | - | 2021-06-25 | 2021-07-01 |
| 2021-03-15 | $0.26 | 0.0% | Cash | quarterly | - | 2021-03-16 | 2021-04-01 |
| 2020-12-04 | $0.26 | 0.0% | Cash | quarterly | - | 2020-12-07 | 2021-01-04 |
| 2020-09-10 | $0.26 | 0.0% | Cash | quarterly | - | 2020-09-11 | 2020-10-01 |
| 2020-06-25 | $0.26 | 0.0% | Cash | quarterly | - | 2020-06-26 | 2020-07-01 |
| 2020-03-16 | $0.26 | 0.0% | Cash | quarterly | - | 2020-03-17 | 2020-04-01 |
| 2019-12-06 | $0.26 | 0.0% | Cash | quarterly | - | 2019-12-09 | 2020-01-02 |
| 2019-09-12 | $0.26 | 0.0% | Cash | quarterly | - | 2019-09-13 | 2019-10-01 |
| 2019-06-20 | $0.26 | +4.0% | Cash | quarterly | - | 2019-06-21 | 2019-07-01 |
| 2019-03-15 | $0.25 | 0.0% | Cash | quarterly | - | 2019-03-18 | 2019-04-01 |
| 2018-11-30 | $0.25 | 0.0% | Cash | quarterly | - | 2018-12-03 | 2019-01-02 |
| 2018-09-11 | $0.25 | 0.0% | Cash | quarterly | - | 2018-09-12 | 2018-10-01 |
| 2018-06-21 | $0.25 | +4.2% | Cash | quarterly | - | 2018-06-22 | 2018-07-02 |
| 2018-03-12 | $0.24 | 0.0% | Cash | quarterly | - | 2018-03-13 | 2018-04-02 |
| 2017-12-01 | $0.24 | 0.0% | Cash | quarterly | - | 2017-12-04 | 2018-01-02 |
| 2017-09-12 | $0.24 | 0.0% | Cash | quarterly | - | 2017-09-13 | 2017-10-02 |
| 2017-06-21 | $0.24 | +9.1% | Cash | quarterly | - | 2017-06-23 | 2017-07-03 |
| 2016-12-01 | $0.22 | 0.0% | Cash | quarterly | - | 2016-12-05 | 2017-01-03 |
| 2016-09-12 | $0.22 | 0.0% | Cash | quarterly | - | 2016-09-14 | 2016-10-03 |
| 2016-06-16 | $0.22 | +10.0% | Cash | quarterly | - | 2016-06-20 | 2016-07-01 |
| 2016-03-11 | $0.2 | 0.0% | Cash | quarterly | - | 2016-03-15 | 2016-04-01 |
| 2015-12-03 | $0.2 | 0.0% | Cash | quarterly | - | 2015-12-07 | 2016-01-04 |
| 2015-09-04 | $0.2 | 0.0% | Cash | quarterly | - | 2015-09-09 | 2015-10-01 |
| 2015-06-11 | $0.2 | 0.0% | Cash | quarterly | - | 2015-06-15 | 2015-07-01 |
| 2015-03-12 | $0.2 | 0.0% | Cash | quarterly | - | 2015-03-16 | 2015-04-01 |
| 2014-12-04 | $0.2 | 0.0% | Cash | quarterly | - | 2014-12-08 | 2015-01-02 |
| 2014-09-05 | $0.2 | 0.0% | Cash | quarterly | - | 2014-09-09 | 2014-10-01 |
| 2014-06-12 | $0.2 | 0.0% | Cash | quarterly | - | 2014-06-16 | 2014-07-01 |
| 2014-03-13 | $0.2 | 0.0% | Cash | quarterly | - | 2014-03-17 | 2014-04-01 |
| 2013-12-05 | $0.2 | 0.0% | Cash | quarterly | - | 2013-12-09 | 2014-01-02 |
| 2013-09-06 | $0.2 | 0.0% | Cash | quarterly | - | 2013-09-10 | 2013-10-01 |
| 2013-06-13 | $0.2 | 0.0% | Cash | quarterly | - | 2013-06-17 | 2013-07-01 |
| 2013-03-14 | $0.2 | 0.0% | Cash | quarterly | - | 2013-03-18 | 2013-04-01 |
| 2012-12-06 | $0.2 | 0.0% | Cash | quarterly | - | 2012-12-10 | 2013-01-02 |
| 2012-09-12 | $0.2 | 0.0% | Cash | quarterly | - | 2012-09-14 | 2012-10-01 |
| 2012-06-07 | $0.2 | 0.0% | Cash | quarterly | - | 2012-06-11 | 2012-07-02 |
| 2012-03-08 | $0.2 | 0.0% | Cash | quarterly | - | 2012-03-12 | 2012-04-02 |
| 2011-12-20 | $0.2 | +33.3% | Cash | quarterly | - | 2011-12-22 | 2012-01-05 |
| 2011-09-13 | $0.15 | 0.0% | Cash | quarterly | - | 2011-09-15 | 2011-10-03 |
| 2011-06-08 | $0.15 | 0.0% | Cash | quarterly | - | 2011-06-10 | 2011-07-01 |
| 2011-03-08 | $0.15 | 0.0% | Cash | quarterly | - | 2011-03-10 | 2011-04-01 |
| 2010-12-09 | $0.15 | 0.0% | Cash | quarterly | - | 2010-12-13 | 2011-01-03 |
| 2010-09-08 | $0.15 | – | Cash | quarterly | - | 2010-09-10 | 2010-10-01 |
Amounts are in the declared currency; the listing currency is EUR.
No splits on record.