Dividend Yield (TTM)
2.00%
vs 5Y avg 3.41% · 10Y avg 3.32%
Dividend Yield (Forward)
4.00%
4 payments/yr (spacing)
Dividends / Share (TTM)
$1.60
Forward (annualized): $3.20
Payout Ratio (EPS, TTM)
591.8%
Payout Ratio (FCF, TTM)
24.6%
Dividend CAGR (3Y / 5Y / 10Y)
3Y1.2%5Y2.2%10Y—
Consecutive Growth Years
1
as of 2025
Years Without a Cut
7
as of 2025
Total Shareholder Yield (TTM)
4.77%
Div 2.09% + Net buyback 2.69%
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.
Capital returns
Net buybacks = repurchases − stock issuance, fiscal-year cash flows. SBC shown for dilution context.
Total Shareholder Yield (TTM)
4.8%
Dividends 2.1% + Net buybacks 2.7%
Net Buyback (TTM)
$708M
Gross $708M − Issuance $0
SBC (TTM)
$101M
Share-based compensation, dilution driver
Net share-count change % / yr
Annual dividend growth
Dividend growth is accelerating (3.6% latest vs 0.0% 3-yr avg).
| Year | DPS (regular sum, USD) | Change | Hikes | |
|---|---|---|---|---|
| 2025 | 2.90 | +3.6% | 1 | |
| 2024 | 2.80 | 0.0% | 0 | |
| 2023 | 2.80 | 0.0% | 0 | |
| 2022 | 2.80 | 0.0% | 0 | |
| 2021 | 2.80 | +7.7% | 1 | |
| 2020 | 2.60 | 0.0% | 0 | |
| 2019 | 2.60 | +8.3% | 1 | |
| 2018 | 2.40 | — | 0 |
Special dividends are excluded from these figures. Based on 33 regular payments.
Payment history (33 payments)
| Δ% | Type | Frequency | Declaration | Record | Pay date | ||
|---|---|---|---|---|---|---|---|
| 2026-03-11 | $0.8 | 0.0% | Cash | quarterly | - | 2026-03-11 | 2026-04-09 |
| 2025-12-19 | $0.8 | +14.3% | Cash | quarterly | - | 2025-12-19 | 2026-01-09 |
| 2025-09-02 | $0.7 | 0.0% | Cash | quarterly | - | 2025-09-02 | 2025-10-10 |
| 2025-06-10 | $0.7 | 0.0% | Cash | quarterly | - | 2025-06-10 | 2025-07-09 |
| 2025-03-11 | $0.7 | 0.0% | Cash | quarterly | - | 2025-03-11 | 2025-04-09 |
| 2024-12-20 | $0.7 | 0.0% | Cash | quarterly | - | 2024-12-20 | 2025-01-10 |
| 2024-09-20 | $0.7 | 0.0% | Cash | quarterly | - | 2024-09-20 | 2024-10-11 |
| 2024-06-10 | $0.7 | 0.0% | Cash | quarterly | - | 2024-06-10 | 2024-07-09 |
| 2024-03-08 | $0.7 | 0.0% | Cash | quarterly | - | 2024-03-11 | 2024-04-09 |
| 2023-12-21 | $0.7 | 0.0% | Cash | quarterly | - | 2023-12-22 | 2024-01-12 |
| 2023-09-20 | $0.7 | 0.0% | Cash | quarterly | - | 2023-09-21 | 2023-10-12 |
| 2023-06-08 | $0.7 | 0.0% | Cash | quarterly | - | 2023-06-09 | 2023-07-07 |
| 2023-03-09 | $0.7 | 0.0% | Cash | quarterly | - | 2023-03-10 | 2023-04-06 |
| 2022-12-20 | $0.7 | 0.0% | Cash | quarterly | - | 2022-12-21 | 2023-01-11 |
| 2022-09-20 | $0.7 | 0.0% | Cash | quarterly | - | 2022-09-21 | 2022-10-12 |
| 2022-06-09 | $0.7 | 0.0% | Cash | quarterly | - | 2022-06-10 | 2022-07-08 |
| 2022-03-09 | $0.7 | 0.0% | Cash | quarterly | - | 2022-03-10 | 2022-04-08 |
| 2021-12-20 | $0.7 | 0.0% | Cash | quarterly | - | 2021-12-21 | 2022-01-11 |
| 2021-09-20 | $0.7 | 0.0% | Cash | quarterly | - | 2021-09-21 | 2021-10-12 |
| 2021-06-10 | $0.7 | 0.0% | Cash | quarterly | - | 2021-06-11 | 2021-07-09 |
| 2021-03-09 | $0.7 | +7.7% | Cash | quarterly | - | 2021-03-10 | 2021-04-08 |
| 2020-12-18 | $0.65 | 0.0% | Cash | quarterly | - | 2020-12-21 | 2021-01-11 |
| 2020-09-18 | $0.65 | 0.0% | Cash | quarterly | - | 2020-09-21 | 2020-10-12 |
| 2020-06-11 | $0.65 | 0.0% | Cash | quarterly | - | 2020-06-12 | 2020-07-10 |
| 2020-03-09 | $0.65 | 0.0% | Cash | quarterly | - | 2020-03-10 | 2020-04-08 |
| 2019-12-19 | $0.65 | 0.0% | Cash | quarterly | - | 2019-12-20 | 2020-01-09 |
| 2019-09-19 | $0.65 | 0.0% | Cash | quarterly | - | 2019-09-20 | 2019-10-10 |
| 2019-06-13 | $0.65 | 0.0% | Cash | quarterly | - | 2019-06-14 | 2019-07-12 |
| 2019-03-08 | $0.65 | +8.3% | Cash | quarterly | - | 2019-03-11 | 2019-04-09 |
| 2018-12-20 | $0.6 | 0.0% | Cash | quarterly | - | 2018-12-21 | 2019-01-09 |
| 2018-09-20 | $0.6 | 0.0% | Cash | quarterly | - | 2018-09-21 | 2018-10-10 |
| 2018-06-13 | $0.6 | 0.0% | Cash | quarterly | - | 2018-06-14 | 2018-07-12 |
| 2018-03-08 | $0.6 | – | Cash | quarterly | - | 2018-03-09 | 2018-04-09 |
No splits on record.