Dividend Yield (TTM)
0.55%
vs 5Y avg 1.22% · 10Y avg 1.31%
Dividend Yield (Forward)
1.09%
4 payments/yr (spacing)
Dividends / Share (TTM)
$1.94
Forward (annualized): $3.88
Payout Ratio (EPS, TTM)
14.8%
Payout Ratio (FCF, TTM)
11.6%
Dividend CAGR (3Y / 5Y / 10Y)
3Y66.3%5Y4.3%10Y—
Consecutive Growth Years
3
as of 2025
Years Without a Cut
3
as of 2025
Total Shareholder Yield (TTM)
3.43%
Div 1.14% + Net buyback 2.29%
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)
3.4%
Dividends 1.1% + Net buybacks 2.3%
Net Buyback (TTM)
$2.97B
Gross $2.97B − Issuance $0
SBC (TTM)
$0
Share-based compensation, dilution driver
Net share-count change % / yr
Annual dividend growth
Dividend growth is decelerating (6.4% latest vs 80.7% 3-yr avg).
| Year | DPS (regular sum, USD) | Change | Hikes | |
|---|---|---|---|---|
| 2025 | 3.82 | +6.4% | 1 | |
| 2024 | 3.59 | +5.3% | 1 | |
| 2023 | 3.41 | +310.8% | 1 | |
| 2022 | 0.83 | -73.9% | 1 | |
| 2021 | 3.18 | +2.9% | 1 | |
| 2020 | 3.09 | +3.7% | 1 | |
| 2019 | 2.98 | +308.2% | 1 | |
| 2018 | 0.73 | — | 0 |
Special dividends are excluded from these figures. Based on 27 regular payments.
Payment history (27 payments)
| Δ% | Type | Frequency | Declaration | Record | Pay date | ||
|---|---|---|---|---|---|---|---|
| 2026-03-13 | $0.97 | 0.0% | Cash | quarterly | - | 2026-03-13 | 2026-04-06 |
| 2025-12-12 | $0.97 | 0.0% | Cash | quarterly | - | 2025-12-12 | 2026-01-02 |
| 2025-09-12 | $0.97 | 0.0% | Cash | quarterly | - | 2025-09-12 | 2025-10-03 |
| 2025-06-13 | $0.97 | +6.6% | Cash | quarterly | - | 2025-06-13 | 2025-07-03 |
| 2025-03-14 | $0.91 | 0.0% | Cash | quarterly | - | 2025-03-14 | 2025-04-04 |
| 2024-12-13 | $0.91 | 0.0% | Cash | quarterly | - | 2024-12-13 | 2025-01-03 |
| 2024-09-13 | $0.91 | 0.0% | Cash | quarterly | - | 2024-09-13 | 2024-10-04 |
| 2024-06-14 | $0.91 | +5.8% | Cash | quarterly | - | 2024-06-14 | 2024-07-05 |
| 2024-03-14 | $0.86 | 0.0% | Cash | quarterly | - | 2024-03-15 | 2024-04-05 |
| 2023-12-14 | $0.86 | 0.0% | Cash | quarterly | - | 2023-12-15 | 2024-01-05 |
| 2023-09-14 | $0.86 | 0.0% | Cash | quarterly | - | 2023-09-15 | 2023-10-06 |
| 2023-06-15 | $0.86 | +3.6% | Cash | quarterly | - | 2023-06-16 | 2023-07-07 |
| 2023-03-16 | $0.83 | 0.0% | Cash | quarterly | - | 2023-03-17 | 2023-04-10 |
| 2022-12-15 | $0.83 | +3.7% | Cash | quarterly | - | 2022-12-16 | 2023-01-06 |
| 2021-12-16 | $0.8 | 0.0% | Cash | quarterly | - | 2021-12-17 | 2022-01-07 |
| 2021-09-16 | $0.8 | 0.0% | Cash | quarterly | - | 2021-09-17 | 2021-10-08 |
| 2021-06-17 | $0.8 | +2.6% | Cash | quarterly | - | 2021-06-18 | 2021-07-09 |
| 2021-03-18 | $0.78 | 0.0% | Cash | quarterly | - | 2021-03-19 | 2021-04-09 |
| 2020-12-17 | $0.78 | 0.0% | Cash | quarterly | - | 2020-12-18 | 2021-01-08 |
| 2020-09-17 | $0.78 | 0.0% | Cash | quarterly | - | 2020-09-18 | 2020-10-09 |
| 2020-06-18 | $0.78 | +4.0% | Cash | quarterly | - | 2020-06-19 | 2020-07-10 |
| 2020-03-19 | $0.75 | 0.0% | Cash | quarterly | - | 2020-03-20 | 2020-04-10 |
| 2019-12-19 | $0.75 | 0.0% | Cash | quarterly | - | 2019-12-20 | 2020-01-10 |
| 2019-09-19 | $0.75 | 0.0% | Cash | quarterly | - | 2019-09-20 | 2019-10-11 |
| 2019-06-20 | $0.75 | +2.7% | Cash | quarterly | - | 2019-06-21 | 2019-07-12 |
| 2019-03-21 | $0.73 | 0.0% | Cash | quarterly | - | 2019-03-22 | 2019-04-12 |
| 2018-12-20 | $0.73 | – | Cash | quarterly | - | 2018-12-21 | 2019-01-11 |
No splits on record.