Dividend Yield (TTM)
5.96%
vs 5Y avg 4.14% · 10Y avg 3.97%
Dividend Yield (Forward)
5.96%
1 payment/yr (spacing)
Dividends / Share (TTM)
$2.42
Forward (annualized): $2.42
Payout Ratio (EPS, TTM)
125.8%
Payout Ratio (FCF, TTM)
59.5%
Dividend CAGR (3Y / 5Y / 10Y)
3Y7.9%5Y5.3%10Y3.2%
Consecutive Growth Years
3
as of 2025
Years Without a Cut
3
as of 2025
Total Shareholder Yield (TTM)
7.28%
Div 5.26% + Net buyback 2.01%
Growth, streak and CAGR figures exclude special dividends.
Statement cash flows converted from the reporting currency at each fiscal year's average rate (vendor forex_rate).
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)
7.3%
Dividends 5.3% + Net buybacks 2.0%
Net Buyback (TTM)
$2.17B
Gross $2.37B − Issuance $194M
SBC (TTM)
$0
Share-based compensation, dilution driver
Net share-count change % / yr
Annual dividend growth
Dividend growth is accelerating (7.8% latest vs 2.2% 3-yr avg).
| Year | DPS (regular sum, USD) | Change | Hikes | |
|---|---|---|---|---|
| 2025 | 2.20 | +7.8% | 1 | |
| 2024 | 2.04 | +7.2% | 1 | |
| 2023 | 1.90 | +8.8% | 1 | |
| 2022 | 1.75 | -9.4% | 0 | |
| 2021 | 1.93 | +13.5% | 1 | |
| 2020 | 1.70 | -1.3% | 0 | |
| 2019 | 1.72 | -3.8% | 0 | |
| 2018 | 1.79 | +9.1% | 1 | |
| 2017 | 1.64 | -1.4% | 0 | |
| 2016 | 1.66 | +3.4% | 1 | |
| 2015 | 1.61 | -15.7% | 0 | |
| 2014 | 1.91 | +6.5% | 1 | |
| 2013 | 1.79 | +6.1% | 1 | |
| 2012 | 1.69 | -4.2% | 0 | |
| 2011 | 1.76 | +20.4% | 1 |
Special dividends are excluded from these figures. Based on 25 regular payments.
Payment history (27 payments · 2 special)
| Δ% | Type | Frequency | Declaration | Record | Pay date | ||
|---|---|---|---|---|---|---|---|
| 2026-05-04 | $2.42 | +10.2% | Cash | annual | 2026-04-14 | 2026-05-04 | 2026-06-03 |
| 2025-05-09 | $2.2 | +7.8% | Cash | annual | 2025-04-15 | 2025-05-09 | 2025-06-12 |
| 2024-05-09 | $2.04 | +7.2% | Cash | annual | 2024-03-26 | 2024-05-10 | 2024-06-06 |
| 2023-05-30 | $1.9 | +8.8% | Cash | annual | 2023-02-17 | 2023-05-31 | 2023-06-23 |
| 2022-05-26 | $0.2972 | – | Special (cash) | — | 2022-05-15 | 2022-05-27 | 2022-06-27 |
| 2022-05-04 | $1.75 | -9.4% | Cash | annual | 2022-04-20 | 2022-05-05 | 2022-05-31 |
| 2021-05-03 | $1.93 | +13.5% | Cash | annual | 2021-03-24 | 2021-05-04 | 2021-05-26 |
| 2020-04-30 | $1.7 | -1.3% | Cash | annual | 2020-03-05 | 2020-05-01 | 2020-05-26 |
| 2019-05-07 | $1.72 | -3.8% | Cash | annual | 2019-04-25 | 2019-05-08 | 2019-05-31 |
| 2018-05-09 | $1.79 | +9.1% | Cash | annual | 2018-04-25 | 2018-05-10 | 2018-06-04 |
| 2017-05-11 | $1.64 | -1.4% | Cash | annual | 2017-03-09 | 2017-05-15 | 2017-06-07 |
| 2016-05-05 | $1.66 | +3.4% | Cash | annual | 2016-02-19 | 2016-05-09 | 2016-06-01 |
| 2015-05-06 | $1.61 | -15.7% | Cash | annual | 2015-04-22 | 2015-05-08 | 2015-06-02 |
| 2014-05-07 | $1.91 | +6.5% | Cash | annual | 2014-02-12 | 2014-05-09 | 2014-06-05 |
| 2013-05-06 | $1.79 | +6.1% | Cash | annual | 2013-02-12 | 2013-05-08 | 2013-06-05 |
| 2012-05-07 | $1.69 | -4.2% | Cash | annual | 2012-02-10 | 2012-05-09 | 2012-05-30 |
| 2011-05-11 | $1.76 | +20.4% | Cash | annual | 2011-05-10 | 2011-05-13 | 2011-06-24 |
| 2010-05-17 | $1.47 | +1.8% | Cash | annual | 2010-02-13 | 2010-05-19 | 2010-06-14 |
| 2009-04-20 | $1.44 | -11.5% | Cash | annual | 2009-02-13 | 2009-04-22 | 2009-05-29 |
| 2008-05-16 | $1.63 | +39.2% | Cash | annual | 2008-02-13 | 2008-05-20 | 2008-06-13 |
| 2007-06-04 | $1.17 | +21.3% | Cash | annual | 2007-03-05 | 2007-06-06 | 2007-07-03 |
| 2006-06-02 | $0.9625 | +31.1% | Cash | annual | 2006-03-06 | 2006-06-06 | 2006-07-03 |
| 2005-06-02 | $0.7342 | +3,078.4% | Cash | annual | 2005-03-17 | 2005-06-06 | 2005-07-01 |
| 2004-09-27 | $0.6211 | – | Special (cash) | — | - | 2004-09-29 | 2004-10-05 |
| 2004-09-27 | $0.0231 | -95.3% | Cash | annual | 2004-08-18 | 2004-09-29 | 2004-10-05 |
| 2004-04-30 | $0.4931 | +25.5% | Cash | annual | 2004-03-19 | 2004-05-04 | 2004-06-01 |
| 2003-05-28 | $0.393 | – | Cash | annual | 2003-04-18 | 2003-05-30 | 2003-06-26 |
No splits on record.