Dividend Yield (TTM)
0.72%
price: vendor quote
Dividend Yield (Forward)
0.72%
4 payments/yr (spacing)
Dividends / Share (TTM)
$2.68
Forward (annualized): $2.68
Payout Ratio (EPS, TTM)
22.1%
Payout Ratio (FCF, TTM)
26.4%
Dividend CAGR (3Y / 5Y / 10Y)
3Y15.7%5Y—10Y—
Consecutive Growth Years
4
as of 2025
Years Without a Cut
4
as of 2025
Total Shareholder Yield (TTM)
3.78%
Div 0.72% + Net buyback 3.06%
Growth, streak and CAGR figures exclude special dividends.
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.
No yield history available.
Capital returns
Net buybacks = repurchases − stock issuance, fiscal-year cash flows. SBC shown for dilution context.
Total Shareholder Yield (TTM)
3.8%
Dividends 0.7% + Net buybacks 3.1%
Net Buyback (TTM)
$21.36B
Gross $21.36B − Issuance $0
SBC (TTM)
$919M
Share-based compensation, dilution driver
Net share-count change % / yr
Annual dividend growth
Dividend growth is decelerating (13.5% latest vs 17.2% 3-yr avg).
| Year | DPS (regular sum, USD) | Change | Hikes | |
|---|---|---|---|---|
| 2025 | 2.44 | +13.5% | 1 | |
| 2024 | 2.15 | +15.0% | 1 | |
| 2023 | 1.87 | +18.7% | 1 | |
| 2022 | 1.58 | +18.0% | 1 | |
| 2021 | 1.34 | — | 1 |
Special dividends are excluded from these figures. Based on 23 regular payments.
Payment history (23 payments)
| Δ% | Type | Frequency | Declaration | Record | Pay date | ||
|---|---|---|---|---|---|---|---|
| 2026-08-11 | $0.67 | 0.0% | Cash | quarterly | 2026-07-30 | 2026-08-11 | 2026-09-01 |
| 2026-05-12 | $0.67 | 0.0% | Cash | quarterly | 2026-04-28 | 2026-05-12 | 2026-06-01 |
| 2026-02-10 | $0.67 | 0.0% | Cash | quarterly | 2026-01-27 | 2026-02-10 | 2026-03-02 |
| 2025-11-12 | $0.67 | +13.6% | Cash | quarterly | 2025-10-29 | 2025-11-12 | 2025-12-01 |
| 2025-08-12 | $0.59 | 0.0% | Cash | quarterly | 2025-07-29 | 2025-08-12 | 2025-09-02 |
| 2025-05-13 | $0.59 | 0.0% | Cash | quarterly | 2025-04-29 | 2025-05-13 | 2025-06-02 |
| 2025-02-11 | $0.59 | 0.0% | Cash | quarterly | 2025-01-28 | 2025-02-11 | 2025-03-03 |
| 2024-11-12 | $0.59 | +13.5% | Cash | quarterly | 2024-10-29 | 2024-11-12 | 2024-12-02 |
| 2024-08-09 | $0.52 | 0.0% | Cash | quarterly | 2024-07-23 | 2024-08-09 | 2024-09-03 |
| 2024-05-16 | $0.52 | 0.0% | Cash | quarterly | 2024-04-24 | 2024-05-17 | 2024-06-03 |
| 2024-02-08 | $0.52 | 0.0% | Cash | quarterly | 2024-01-25 | 2024-02-09 | 2024-03-01 |
| 2023-11-08 | $0.52 | +15.6% | Cash | quarterly | 2023-10-24 | 2023-11-09 | 2023-12-01 |
| 2023-08-10 | $0.45 | 0.0% | Cash | quarterly | 2023-07-25 | 2023-08-11 | 2023-09-01 |
| 2023-05-11 | $0.45 | 0.0% | Cash | quarterly | 2023-04-25 | 2023-05-12 | 2023-06-01 |
| 2023-02-09 | $0.45 | 0.0% | Cash | quarterly | 2023-01-24 | 2023-02-10 | 2023-03-01 |
| 2022-11-09 | $0.45 | +20.0% | Cash | quarterly | 2022-10-21 | 2022-11-11 | 2022-12-01 |
| 2022-08-11 | $0.375 | 0.0% | Cash | quarterly | 2022-07-22 | 2022-08-12 | 2022-09-01 |
| 2022-05-12 | $0.375 | 0.0% | Cash | quarterly | 2022-04-26 | 2022-05-13 | 2022-06-01 |
| 2022-02-10 | $0.375 | 0.0% | Cash | quarterly | 2022-01-25 | 2022-02-11 | 2022-03-01 |
| 2021-11-10 | $0.375 | +17.2% | Cash | quarterly | 2021-10-22 | 2021-11-12 | 2021-12-07 |
| 2021-08-12 | $0.32 | 0.0% | Cash | quarterly | 2021-07-23 | 2021-08-13 | 2021-09-01 |
| 2021-05-13 | $0.32 | 0.0% | Cash | quarterly | 2021-04-27 | 2021-05-14 | 2021-06-01 |
| 2021-02-11 | $0.32 | – | Cash | quarterly | 2021-01-28 | 2021-02-12 | 2021-03-01 |
No splits on record.