Dividend Yield (TTM)
0.86%
Dividend Yield (Forward)
0.88%
4 payments/yr (spacing)
Dividends / Share (TTM)
$0.9775
Forward (annualized): $0.99
Payout Ratio (EPS, TTM)
35.0%
Payout Ratio (FCF, TTM)
57.4%
Dividend CAGR (3Y / 5Y / 10Y)
3Y8.0%5Y5.5%10Y3.7%
Consecutive Growth Years
6
as of 2025
Years Without a Cut
6
as of 2025
Total Shareholder Yield (TTM)
1.73%
Div 0.91% + Net buyback 0.82%
Growth, streak and CAGR figures exclude special dividends.
Upcoming dividend
$0.2475 per shareTodayOct 18, 2026
Ex-dividendDec 11, 2026in 54 days
PaymentJan 4, 2027in 78 days
Own the stock before Dec 11, 2026 to receive this payment.
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)
1.7%
Dividends 0.9% + Net buybacks 0.8%
Net Buyback (TTM)
$6.99B
Gross $6.99B − Issuance $0
SBC (TTM)
$0
Share-based compensation, dilution driver
Net share-count change % / yr
Annual dividend growth
Dividend growth is accelerating (13.3% latest vs 4.3% 3-yr avg).
| Year | DPS (regular sum, USD) | Change | Hikes | |
|---|---|---|---|---|
| 2025 | 0.94 | +13.3% | 1 | |
| 2024 | 0.83 | +9.2% | 1 | |
| 2023 | 0.76 | +1.8% | 1 | |
| 2022 | 0.7467 | +1.8% | 1 | |
| 2021 | 0.7333 | +1.9% | 1 | |
| 2020 | 0.72 | — | 1 | |
| 2015 | 0.6533 | — | 0 |
Special dividends are excluded from these figures. Based on 31 regular payments.
Payment history (32 payments)
| As declared | Δ% | Type | Frequency | Declaration | Record | Pay date | ||
|---|---|---|---|---|---|---|---|---|
| 2026-12-11 | $0.2475 | – | 0.0% | Cash | quarterly | 2026-02-19 | 2026-12-11 | 2027-01-04 |
| 2026-08-21 | $0.2475 | – | 0.0% | Cash | quarterly | 2026-02-19 | 2026-08-21 | 2026-09-08 |
| 2026-05-08 | $0.2475 | – | 0.0% | Cash | quarterly | 2026-02-19 | 2026-05-08 | 2026-05-26 |
| 2026-03-20 | $0.2475 | – | +5.3% | Cash | quarterly | 2026-02-19 | 2026-03-20 | 2026-04-06 |
| 2025-12-12 | $0.235 | – | 0.0% | Cash | quarterly | 2025-02-20 | 2025-12-12 | 2026-01-05 |
| 2025-08-15 | $0.235 | – | 0.0% | Cash | quarterly | 2025-02-20 | 2025-08-15 | 2025-09-02 |
| 2025-05-09 | $0.235 | – | 0.0% | Cash | quarterly | 2025-02-20 | 2025-05-09 | 2025-05-27 |
| 2025-03-21 | $0.235 | – | +13.3% | Cash | quarterly | 2025-02-20 | 2025-03-21 | 2025-04-07 |
| 2024-12-13 | $0.2075 | – | 0.0% | Cash | quarterly | 2024-02-20 | 2024-12-13 | 2025-01-06 |
| 2024-08-16 | $0.2075 | – | 0.0% | Cash | quarterly | 2024-02-20 | 2024-08-16 | 2024-09-03 |
| 2024-05-09 | $0.2075 | – | 0.0% | Cash | quarterly | 2024-02-19 | 2024-05-10 | 2024-05-28 |
| 2024-03-14 | $0.2075 | – | +9.2% | Cash | quarterly | 2024-02-19 | 2024-03-15 | 2024-04-01 |
| 2023-12-07 | $0.19 | $0.57 | 0.0% | Cash | quarterly | 2023-02-21 | 2023-12-08 | 2024-01-02 |
| 2023-08-10 | $0.19 | $0.57 | 0.0% | Cash | quarterly | 2023-02-21 | 2023-08-11 | 2023-09-05 |
| 2023-05-04 | $0.19 | $0.57 | 0.0% | Cash | quarterly | 2023-02-21 | 2023-05-05 | 2023-05-30 |
| 2023-03-16 | $0.19 | $0.57 | +1.8% | Cash | quarterly | 2023-02-21 | 2023-03-17 | 2023-04-03 |
| 2022-12-08 | $0.1867 | $0.56 | 0.0% | Cash | quarterly | 2022-02-17 | 2022-12-09 | 2023-01-03 |
| 2022-08-11 | $0.1867 | $0.56 | 0.0% | Cash | quarterly | 2022-02-17 | 2022-08-12 | 2022-09-06 |
| 2022-05-05 | $0.1867 | $0.56 | 0.0% | Cash | quarterly | 2022-02-17 | 2022-05-06 | 2022-05-31 |
| 2022-03-17 | $0.1867 | $0.56 | +1.8% | Cash | quarterly | 2022-02-17 | 2022-03-18 | 2022-04-04 |
| 2021-12-09 | $0.1833 | $0.55 | 0.0% | Cash | quarterly | 2021-02-18 | 2021-12-10 | 2022-01-03 |
| 2021-08-12 | $0.1833 | $0.55 | 0.0% | Cash | quarterly | 2021-02-18 | 2021-08-13 | 2021-09-07 |
| 2021-05-06 | $0.1833 | $0.55 | 0.0% | Cash | quarterly | 2021-02-18 | 2021-05-07 | 2021-06-01 |
| 2021-03-18 | $0.1833 | $0.55 | +1.9% | Cash | quarterly | 2021-02-18 | 2021-03-19 | 2021-04-05 |
| 2020-12-10 | $0.18 | $0.54 | 0.0% | Cash | quarterly | 2020-02-18 | 2020-12-11 | 2021-01-04 |
| 2020-08-13 | $0.18 | $0.54 | 0.0% | Cash | quarterly | 2020-02-18 | 2020-08-14 | 2020-09-08 |
| 2020-05-07 | $0.18 | $0.54 | 0.0% | Cash | quarterly | 2020-02-18 | 2020-05-08 | 2020-06-01 |
| 2020-03-19 | $0.18 | $0.54 | +10.2% | Cash | quarterly | 2020-02-18 | 2020-03-20 | 2020-04-06 |
| 2015-12-02 | $0.1633 | $0.49 | 0.0% | Cash | quarterly | 2015-02-19 | 2015-12-04 | 2016-01-04 |
| 2015-08-05 | $0.1633 | $0.49 | 0.0% | Cash | quarterly | 2015-02-19 | 2015-08-07 | 2015-09-08 |
| 2015-05-06 | $0.1633 | $0.49 | 0.0% | Cash | quarterly | 2015-02-19 | 2015-05-08 | 2015-06-01 |
| 2015-03-11 | $0.1633 | $0.49 | – | Cash | quarterly | 2015-02-19 | 2015-03-13 | 2015-04-06 |
Splits (1)
| Date | Ratio | Cumulative |
|---|---|---|
| 2024-02-26 | 3:1 | ×3 to today |