Dividend Yield (TTM)
1.25%
vs 5Y avg 2.64% · 10Y avg 2.82%
Dividend Yield (Forward)
2.52%
4 payments/yr (spacing)
Dividends / Share (TTM)
$1.03
Forward (annualized): $2.08
Payout Ratio (EPS, TTM)
91.9%
Payout Ratio (FCF, TTM)
23.5%
Dividend CAGR (3Y / 5Y / 10Y)
3Y8.4%5Y7.2%10Y6.2%
Consecutive Growth Years
14
as of 2025
Years Without a Cut
14
as of 2025
Total Shareholder Yield (TTM)
3.05%
Div 3.05% + Net buyback 0.00%
Growth, streak and CAGR figures exclude special dividends.
Dividend history spans multiple declared currencies (USD, EUR); growth, streak and CAGR figures use the latest constant-currency period (since 2011).
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)
3.1%
Dividends 3.1% + Net buybacks 0.0%
Net Buyback (TTM)
$0
Gross $0 − Issuance $0
SBC (TTM)
$83M
Share-based compensation, dilution driver
Net share-count change % / yr
Annual dividend growth
Dividend growth is decelerating (2.0% latest vs 10.6% 3-yr avg).
| Year | DPS (regular sum) | Change | Hikes | |
|---|---|---|---|---|
| 2025 | 2.04 | +2.0% | 1 | |
| 2024 | 2.00 | +11.1% | 1 | |
| 2023 | 1.80 | +12.5% | 1 | |
| 2022 | 1.60 | +8.1% | 1 | |
| 2021 | 1.48 | +2.8% | 1 | |
| 2020 | 1.44 | +2.9% | 1 | |
| 2019 | 1.40 | +4.5% | 1 | |
| 2018 | 1.34 | +4.7% | 1 | |
| 2017 | 1.28 | +6.7% | 1 | |
| 2016 | 1.20 | +7.1% | 1 | |
| 2015 | 1.12 | +16.7% | 1 | |
| 2014 | 0.96 | +26.3% | 1 | |
| 2013 | 0.76 | +8.6% | 1 | |
| 2012 | 0.70 | +6.9% | 0 | |
| 2011 | 0.655 | +9.2% | 2 |
Special dividends are excluded from these figures. Based on 72 regular payments.
Payment history (72 payments)
| Δ% | Type | Frequency | Declaration | Record | Pay date | ||
|---|---|---|---|---|---|---|---|
| 2026-02-17 | $0.52 | +2.0% | Cash | quarterly | - | 2026-02-17 | 2026-03-10 |
| 2025-11-19 | $0.51 | 0.0% | Cash | quarterly | - | 2025-11-19 | 2025-12-11 |
| 2025-08-20 | $0.51 | 0.0% | Cash | quarterly | - | 2025-08-20 | 2025-09-10 |
| 2025-05-21 | $0.51 | 0.0% | Cash | quarterly | - | 2025-05-21 | 2025-06-11 |
| 2025-02-18 | $0.51 | +2.0% | Cash | quarterly | - | 2025-02-18 | 2025-03-11 |
| 2024-11-21 | $0.5 | 0.0% | Cash | quarterly | - | 2024-11-21 | 2024-12-12 |
| 2024-08-21 | $0.5 | 0.0% | Cash | quarterly | - | 2024-08-21 | 2024-09-11 |
| 2024-05-15 | $0.5 | 0.0% | Cash | quarterly | - | 2024-05-16 | 2024-06-05 |
| 2024-02-07 | $0.5 | +11.1% | Cash | quarterly | - | 2024-02-08 | 2024-02-29 |
| 2023-11-14 | $0.45 | 0.0% | Cash | quarterly | - | 2023-11-15 | 2023-12-06 |
| 2023-08-15 | $0.45 | 0.0% | Cash | quarterly | - | 2023-08-16 | 2023-09-06 |
| 2023-05-16 | $0.45 | 0.0% | Cash | quarterly | - | 2023-05-17 | 2023-06-07 |
| 2023-02-08 | $0.45 | +12.5% | Cash | quarterly | - | 2023-02-09 | 2023-03-02 |
| 2022-11-15 | $0.4 | 0.0% | Cash | quarterly | - | 2022-11-16 | 2022-12-07 |
| 2022-08-16 | $0.4 | 0.0% | Cash | quarterly | - | 2022-08-17 | 2022-09-07 |
| 2022-05-17 | $0.4 | 0.0% | Cash | quarterly | - | 2022-05-18 | 2022-06-08 |
| 2022-02-07 | $0.4 | +8.1% | Cash | quarterly | - | 2022-02-08 | 2022-03-01 |
| 2021-11-16 | $0.37 | 0.0% | Cash | quarterly | - | 2021-11-17 | 2021-12-08 |
| 2021-08-17 | $0.37 | 0.0% | Cash | quarterly | - | 2021-08-18 | 2021-09-08 |
| 2021-05-18 | $0.37 | 0.0% | Cash | quarterly | - | 2021-05-19 | 2021-06-09 |
| 2021-02-08 | $0.37 | +2.8% | Cash | quarterly | - | 2021-02-09 | 2021-03-02 |
| 2020-11-18 | $0.36 | 0.0% | Cash | quarterly | - | 2020-11-19 | 2020-12-10 |
| 2020-08-18 | $0.36 | 0.0% | Cash | quarterly | - | 2020-08-19 | 2020-09-09 |
| 2020-05-19 | $0.36 | 0.0% | Cash | quarterly | - | 2020-05-20 | 2020-06-10 |
| 2020-02-12 | $0.36 | +2.9% | Cash | quarterly | - | 2020-02-13 | 2020-03-05 |
| 2019-11-20 | $0.35 | 0.0% | Cash | quarterly | - | 2019-11-21 | 2019-12-12 |
| 2019-08-21 | $0.35 | 0.0% | Cash | quarterly | - | 2019-08-22 | 2019-09-12 |
| 2019-05-14 | $0.35 | 0.0% | Cash | quarterly | - | 2019-05-15 | 2019-06-05 |
| 2019-02-15 | $0.35 | +4.5% | Cash | quarterly | - | 2019-02-19 | 2019-03-12 |
| 2018-11-21 | $0.335 | 0.0% | Cash | quarterly | - | 2018-11-23 | 2018-12-14 |
| 2018-08-15 | $0.335 | 0.0% | Cash | quarterly | - | 2018-08-16 | 2018-09-06 |
| 2018-05-16 | $0.335 | 0.0% | Cash | quarterly | - | 2018-05-17 | 2018-06-07 |
| 2018-02-16 | $0.335 | +4.7% | Cash | quarterly | - | 2018-02-20 | 2018-03-13 |
| 2017-11-15 | $0.32 | 0.0% | Cash | quarterly | - | 2017-11-16 | 2017-12-07 |
| 2017-08-15 | $0.32 | 0.0% | Cash | quarterly | - | 2017-08-17 | 2017-09-01 |
| 2017-05-16 | $0.32 | 0.0% | Cash | quarterly | - | 2017-05-18 | 2017-06-08 |
| 2017-02-16 | $0.32 | +6.7% | Cash | quarterly | - | 2017-02-21 | 2017-03-14 |
| 2016-11-14 | $0.3 | 0.0% | Cash | quarterly | - | 2016-11-16 | 2016-12-07 |
| 2016-08-15 | $0.3 | 0.0% | Cash | quarterly | - | 2016-08-17 | 2016-09-07 |
| 2016-05-16 | $0.3 | 0.0% | Cash | quarterly | - | 2016-05-18 | 2016-06-08 |
| 2016-02-11 | $0.3 | +7.1% | Cash | quarterly | - | 2016-02-16 | 2016-03-08 |
| 2015-11-16 | $0.28 | 0.0% | Cash | quarterly | - | 2015-11-18 | 2015-12-09 |
| 2015-08-17 | $0.28 | 0.0% | Cash | quarterly | - | 2015-08-19 | 2015-09-09 |
| 2015-05-19 | $0.28 | 0.0% | Cash | quarterly | - | 2015-05-21 | 2015-06-11 |
| 2015-02-12 | $0.28 | +16.7% | Cash | quarterly | - | 2015-02-17 | 2015-03-10 |
| 2014-11-18 | $0.24 | 0.0% | Cash | quarterly | - | 2014-11-20 | 2014-12-11 |
| 2014-08-19 | $0.24 | 0.0% | Cash | quarterly | - | 2014-08-21 | 2014-09-11 |
| 2014-05-13 | $0.24 | 0.0% | Cash | quarterly | - | 2014-05-15 | 2014-06-05 |
| 2014-02-18 | $0.24 | +26.3% | Cash | quarterly | - | 2014-02-20 | 2014-03-13 |
| 2013-11-12 | $0.19 | 0.0% | Cash | quarterly | - | 2013-11-14 | 2013-12-05 |
| 2013-08-20 | $0.19 | 0.0% | Cash | quarterly | - | 2013-08-22 | 2013-09-12 |
| 2013-05-14 | $0.19 | 0.0% | Cash | quarterly | - | 2013-05-16 | 2013-06-06 |
| 2013-02-15 | $0.19 | +8.6% | Cash | quarterly | - | 2013-02-20 | 2013-03-13 |
| 2012-11-13 | $0.175 | 0.0% | Cash | quarterly | - | 2012-11-15 | 2012-12-06 |
| 2012-08-14 | $0.175 | 0.0% | Cash | quarterly | - | 2012-08-16 | 2012-09-06 |
| 2012-05-15 | $0.175 | 0.0% | Cash | quarterly | - | 2012-05-17 | 2012-06-07 |
| 2012-02-14 | $0.175 | 0.0% | Cash | quarterly | - | 2012-02-16 | 2012-03-08 |
| 2011-11-15 | $0.175 | +9.4% | Cash | quarterly | - | 2011-11-17 | 2011-12-08 |
| 2011-08-16 | $0.16 | 0.0% | Cash | quarterly | - | 2011-08-18 | 2011-09-08 |
| 2011-05-17 | $0.16 | 0.0% | Cash | quarterly | - | 2011-05-19 | 2011-06-09 |
| 2011-02-15 | $0.16 | +6.7% | Cash | quarterly | - | 2011-02-17 | 2011-03-10 |
| 2010-11-16 | $0.15 | – | Cash | quarterly | - | 2010-11-18 | 2010-12-09 |
| 2010-08-17 | EUR 0.15 | – | Cash | quarterly | - | 2010-08-13 | - |
| 2010-05-18 | $0.15 | 0.0% | Cash | quarterly | - | 2010-05-14 | - |
| 2010-02-16 | $0.15 | +7.1% | Cash | quarterly | - | 2010-02-18 | 2010-03-11 |
| 2009-11-17 | $0.14 | 0.0% | Cash | quarterly | - | 2009-11-19 | 2009-12-10 |
| 2009-08-18 | $0.14 | 0.0% | Cash | quarterly | - | 2009-08-20 | 2009-09-10 |
| 2009-05-19 | $0.14 | 0.0% | Cash | quarterly | - | 2009-05-21 | 2009-06-11 |
| 2009-02-17 | $0.14 | +7.7% | Cash | quarterly | - | 2009-02-19 | 2009-03-12 |
| 2008-11-18 | $0.13 | 0.0% | Cash | quarterly | - | 2008-11-20 | 2008-12-11 |
| 2008-08-19 | $0.13 | 0.0% | Cash | quarterly | - | 2008-08-21 | 2008-09-11 |
| 2008-05-13 | $0.13 | – | Cash | quarterly | - | 2008-05-15 | 2008-06-05 |
Amounts are in the declared currency; the listing currency is USD.
No splits on record.