Dividend Yield (TTM)
1.52%
vs 5Y avg 2.27% · 10Y avg 1.99%
Dividend Yield (Forward)
1.54%
4 payments/yr (spacing)
Dividends / Share (TTM)
$0.925
Forward (annualized): $0.94
Payout Ratio (EPS, TTM)
56.5%
Payout Ratio (FCF, TTM)
18.7%
Dividend CAGR (3Y / 5Y / 10Y)
3Y5.0%5Y24.0%10Y—
Consecutive Growth Years
5
as of 2025
Years Without a Cut
5
as of 2025
Total Shareholder Yield (TTM)
1.41%
Div 0.78% + Net buyback 0.63%
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)
1.4%
Dividends 0.8% + Net buybacks 0.6%
Net Buyback (TTM)
$322M
Gross $322M − Issuance $0
SBC (TTM)
$428M
Share-based compensation, dilution driver
Net share-count change % / yr
Annual dividend growth
Dividend growth is decelerating (4.8% latest vs 7.3% 3-yr avg).
| Year | DPS (regular sum, USD) | Change | Hikes | |
|---|---|---|---|---|
| 2025 | 0.88 | +4.8% | 1 | |
| 2024 | 0.84 | +5.0% | 1 | |
| 2023 | 0.80 | +5.3% | 1 | |
| 2022 | 0.76 | +11.8% | 1 | |
| 2021 | 0.68 | +126.7% | 1 | |
| 2020 | 0.30 | — | 0 |
Special dividends are excluded from these figures. Based on 25 regular payments.
Payment history (25 payments)
| Δ% | Type | Frequency | Declaration | Record | Pay date | ||
|---|---|---|---|---|---|---|---|
| 2026-08-14 | $0.235 | 0.0% | Cash | quarterly | 2026-07-17 | 2026-08-14 | 2026-09-10 |
| 2026-05-15 | $0.235 | 0.0% | Cash | quarterly | 2026-04-17 | 2026-05-15 | 2026-06-10 |
| 2026-02-20 | $0.235 | +6.8% | Cash | quarterly | 2026-01-09 | 2026-02-20 | 2026-03-10 |
| 2025-11-14 | $0.22 | 0.0% | Cash | quarterly | 2025-10-16 | 2025-11-14 | 2025-12-10 |
| 2025-08-15 | $0.22 | 0.0% | Cash | quarterly | 2025-07-18 | 2025-08-15 | 2025-09-10 |
| 2025-05-16 | $0.22 | 0.0% | Cash | quarterly | 2025-04-21 | 2025-05-16 | 2025-06-10 |
| 2025-02-21 | $0.22 | +4.8% | Cash | quarterly | 2025-01-09 | 2025-02-21 | 2025-03-10 |
| 2024-11-15 | $0.21 | 0.0% | Cash | quarterly | 2024-10-11 | 2024-11-15 | 2024-12-10 |
| 2024-08-16 | $0.21 | 0.0% | Cash | quarterly | 2024-07-17 | 2024-08-16 | 2024-09-13 |
| 2024-05-16 | $0.21 | 0.0% | Cash | quarterly | 2024-04-17 | 2024-05-17 | 2024-06-14 |
| 2024-02-15 | $0.21 | +5.0% | Cash | quarterly | 2024-01-19 | 2024-02-16 | 2024-03-15 |
| 2023-11-16 | $0.2 | 0.0% | Cash | quarterly | 2023-10-16 | 2023-11-17 | 2023-12-15 |
| 2023-08-17 | $0.2 | 0.0% | Cash | quarterly | 2023-07-18 | 2023-08-18 | 2023-09-15 |
| 2023-05-18 | $0.2 | 0.0% | Cash | quarterly | 2023-04-17 | 2023-05-19 | 2023-06-15 |
| 2023-02-15 | $0.2 | +5.3% | Cash | quarterly | 2023-01-09 | 2023-02-16 | 2023-03-15 |
| 2022-11-17 | $0.19 | 0.0% | Cash | quarterly | 2022-10-17 | 2022-11-18 | 2022-12-15 |
| 2022-08-18 | $0.19 | 0.0% | Cash | quarterly | 2022-07-15 | 2022-08-19 | 2022-09-15 |
| 2022-05-19 | $0.19 | 0.0% | Cash | quarterly | 2022-04-18 | 2022-05-20 | 2022-06-15 |
| 2022-02-17 | $0.19 | +11.8% | Cash | quarterly | 2022-01-06 | 2022-02-18 | 2022-03-15 |
| 2021-11-18 | $0.17 | 0.0% | Cash | quarterly | 2021-10-15 | 2021-11-19 | 2021-12-15 |
| 2021-08-19 | $0.17 | 0.0% | Cash | quarterly | 2021-07-16 | 2021-08-20 | 2021-09-15 |
| 2021-05-19 | $0.17 | 0.0% | Cash | quarterly | 2021-04-15 | 2021-05-20 | 2021-06-15 |
| 2021-02-18 | $0.17 | +13.3% | Cash | quarterly | 2021-01-08 | 2021-02-19 | 2021-03-15 |
| 2020-11-19 | $0.15 | 0.0% | Cash | quarterly | 2020-10-15 | 2020-11-20 | 2020-12-15 |
| 2020-09-14 | $0.15 | – | Cash | quarterly | 2020-09-02 | 2020-09-15 | 2020-09-30 |
No splits on record.