Dividend Yield (TTM)
3.53%
vs 5Y avg 3.93% · 10Y avg 3.70%
Dividend Yield (Forward)
4.71%
4 payments/yr (spacing)
Dividends / Share (TTM)
$0.5278
Forward (annualized): $0.7038
Payout Ratio (EPS, TTM)
26.7%
Payout Ratio (FCF, TTM)
—
Dividend CAGR (3Y / 5Y / 10Y)
3Y3.7%5Y4.2%10Y5.8%
Consecutive Growth Years
14
as of 2025
Years Without a Cut
14
as of 2025
Total Shareholder Yield (TTM)
4.78%
Div 4.78% + Net buyback 0.00%
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 4.8% + Net buybacks 0.0%
Net Buyback (TTM)
$0
Gross $0 − Issuance $0
SBC (TTM)
$0
Share-based compensation, dilution driver
Net share-count change % / yr
Annual dividend growth
Dividend growth is decelerating (2.0% latest vs 4.7% 3-yr avg).
| Year | DPS (regular sum, USD) | Change | Hikes | |
|---|---|---|---|---|
| 2025 | 0.7038 | +2.0% | 1 | |
| 2024 | 0.69 | +4.0% | 1 | |
| 2023 | 0.6636 | +5.0% | 1 | |
| 2022 | 0.632 | +5.0% | 1 | |
| 2021 | 0.602 | +5.0% | 1 | |
| 2020 | 0.5732 | +5.0% | 1 | |
| 2019 | 0.546 | +5.0% | 1 | |
| 2018 | 0.52 | +8.3% | 1 | |
| 2017 | 0.48 | +9.1% | 1 | |
| 2016 | 0.44 | +10.0% | 1 | |
| 2015 | 0.40 | +100.0% | 1 | |
| 2014 | 0.20 | +25.0% | 1 | |
| 2013 | 0.16 | +300.0% | 0 | |
| 2012 | 0.04 | — | 0 | |
| 1993 | 0.3865 | +309.8% | 1 |
Special dividends are excluded from these figures. Based on 61 regular payments.
Payment history (61 payments)
| As declared | Δ% | Type | Frequency | Declaration | Record | Pay date | ||
|---|---|---|---|---|---|---|---|---|
| 2026-05-01 | $0.176 | – | 0.0% | Cash | quarterly | 2026-02-20 | 2026-05-01 | 2026-05-15 |
| 2026-01-30 | $0.176 | – | 0.0% | Cash | quarterly | 2025-12-05 | 2026-01-30 | 2026-02-13 |
| 2025-10-31 | $0.176 | – | 0.0% | Cash | quarterly | 2025-10-10 | 2025-10-31 | 2025-11-14 |
| 2025-08-01 | $0.176 | – | 0.0% | Cash | quarterly | 2025-07-11 | 2025-08-01 | 2025-08-15 |
| 2025-05-01 | $0.176 | – | 0.0% | Cash | quarterly | 2025-02-21 | 2025-05-01 | 2025-05-15 |
| 2025-01-31 | $0.176 | – | +2.0% | Cash | quarterly | 2024-12-09 | 2025-01-31 | 2025-02-14 |
| 2024-11-01 | $0.1725 | – | 0.0% | Cash | quarterly | 2024-10-11 | 2024-11-01 | 2024-11-15 |
| 2024-08-01 | $0.1725 | – | 0.0% | Cash | quarterly | 2024-07-12 | 2024-08-01 | 2024-08-15 |
| 2024-04-30 | $0.1725 | – | 0.0% | Cash | quarterly | 2024-02-23 | 2024-05-01 | 2024-05-15 |
| 2024-01-31 | $0.1725 | – | +4.0% | Cash | quarterly | 2023-12-08 | 2024-02-01 | 2024-02-15 |
| 2023-10-31 | $0.1659 | – | 0.0% | Cash | quarterly | 2023-10-06 | 2023-11-01 | 2023-11-15 |
| 2023-07-31 | $0.1659 | – | 0.0% | Cash | quarterly | 2023-07-14 | 2023-08-01 | 2023-08-15 |
| 2023-04-28 | $0.1659 | – | 0.0% | Cash | quarterly | 2023-02-24 | 2023-05-01 | 2023-05-15 |
| 2023-01-31 | $0.1659 | – | +5.0% | Cash | quarterly | 2022-12-02 | 2023-02-01 | 2023-02-15 |
| 2022-10-31 | $0.158 | – | 0.0% | Cash | quarterly | 2022-10-07 | 2022-11-01 | 2022-11-15 |
| 2022-07-29 | $0.158 | – | 0.0% | Cash | quarterly | 2022-07-15 | 2022-08-01 | 2022-08-15 |
| 2022-04-28 | $0.158 | – | 0.0% | Cash | quarterly | 2022-02-25 | 2022-04-29 | 2022-05-13 |
| 2022-01-31 | $0.158 | – | +5.0% | Cash | quarterly | 2021-12-03 | 2022-02-01 | 2022-02-15 |
| 2021-11-01 | $0.1505 | – | 0.0% | Cash | quarterly | 2021-10-15 | 2021-11-02 | 2021-11-15 |
| 2021-07-30 | $0.1505 | – | 0.0% | Cash | quarterly | 2021-07-19 | 2021-08-02 | 2021-08-16 |
| 2021-04-29 | $0.1505 | – | 0.0% | Cash | quarterly | 2021-04-14 | 2021-04-30 | 2021-05-14 |
| 2021-01-28 | $0.1505 | – | +5.0% | Cash | quarterly | 2020-12-07 | 2021-01-29 | 2021-02-12 |
| 2020-10-29 | $0.1433 | – | 0.0% | Cash | quarterly | 2020-10-16 | 2020-10-30 | 2020-11-16 |
| 2020-07-31 | $0.1433 | – | 0.0% | Cash | quarterly | 2020-07-20 | 2020-08-03 | 2020-08-18 |
| 2020-04-30 | $0.1433 | – | 0.0% | Cash | quarterly | 2020-04-15 | 2020-05-01 | 2020-05-15 |
| 2020-01-30 | $0.1433 | – | +5.0% | Cash | quarterly | 2019-12-09 | 2020-01-31 | 2020-02-14 |
| 2019-10-31 | $0.1365 | – | 0.0% | Cash | quarterly | 2019-10-16 | 2019-11-01 | 2019-11-15 |
| 2019-07-31 | $0.1365 | – | 0.0% | Cash | quarterly | 2019-07-16 | 2019-08-01 | 2019-08-15 |
| 2019-04-30 | $0.1365 | – | 0.0% | Cash | quarterly | 2019-04-15 | 2019-05-01 | 2019-05-15 |
| 2019-01-31 | $0.1365 | – | +5.0% | Cash | quarterly | 2018-12-10 | 2019-02-01 | 2019-02-15 |
| 2018-10-31 | $0.13 | – | 0.0% | Cash | quarterly | 2018-10-12 | 2018-11-01 | 2018-11-15 |
| 2018-08-02 | $0.13 | – | 0.0% | Cash | quarterly | 2018-07-16 | 2018-08-03 | 2018-08-17 |
| 2018-04-30 | $0.13 | – | 0.0% | Cash | quarterly | 2018-04-17 | 2018-05-01 | 2018-05-15 |
| 2018-01-31 | $0.13 | – | +8.3% | Cash | quarterly | 2017-12-11 | 2018-02-01 | 2018-02-15 |
| 2017-10-31 | $0.12 | – | 0.0% | Cash | quarterly | 2017-10-13 | 2017-11-01 | 2017-11-15 |
| 2017-08-01 | $0.12 | – | 0.0% | Cash | quarterly | 2017-07-18 | 2017-08-03 | 2017-08-17 |
| 2017-04-27 | $0.12 | – | 0.0% | Cash | quarterly | 2017-04-14 | 2017-05-01 | 2017-05-15 |
| 2017-01-30 | $0.12 | – | +9.1% | Cash | quarterly | 2016-12-15 | 2017-02-01 | 2017-02-15 |
| 2016-10-28 | $0.11 | – | 0.0% | Cash | quarterly | 2016-10-14 | 2016-11-01 | 2016-11-15 |
| 2016-07-28 | $0.11 | – | 0.0% | Cash | quarterly | 2016-07-18 | 2016-08-01 | 2016-08-15 |
| 2016-04-28 | $0.11 | – | 0.0% | Cash | quarterly | 2016-04-15 | 2016-05-02 | 2016-05-16 |
| 2016-01-29 | $0.11 | – | +10.0% | Cash | quarterly | 2015-12-14 | 2016-02-02 | 2016-02-16 |
| 2015-10-29 | $0.1 | – | 0.0% | Cash | quarterly | 2015-10-16 | 2015-11-02 | 2015-11-16 |
| 2015-07-30 | $0.1 | – | 0.0% | Cash | quarterly | 2015-07-17 | 2015-08-03 | 2015-08-17 |
| 2015-05-01 | $0.1 | – | 0.0% | Cash | quarterly | 2015-04-24 | 2015-05-05 | 2015-05-15 |
| 2015-01-30 | $0.1 | – | +100.0% | Cash | quarterly | 2014-12-15 | 2015-02-03 | 2015-02-17 |
| 2014-10-30 | $0.05 | – | 0.0% | Cash | quarterly | 2014-10-15 | 2014-11-03 | 2014-11-17 |
| 2014-07-30 | $0.05 | – | 0.0% | Cash | quarterly | 2014-07-15 | 2014-08-01 | 2014-08-15 |
| 2014-04-29 | $0.05 | – | 0.0% | Cash | quarterly | 2014-04-18 | 2014-05-01 | 2014-05-15 |
| 2014-01-30 | $0.05 | – | +25.0% | Cash | quarterly | 2013-11-04 | 2014-02-03 | 2014-02-18 |
| 2013-10-30 | $0.04 | – | 0.0% | Cash | quarterly | 2013-10-15 | 2013-11-01 | 2013-11-15 |
| 2013-07-30 | $0.04 | – | 0.0% | Cash | quarterly | 2013-07-15 | 2013-08-01 | 2013-08-15 |
| 2013-04-29 | $0.04 | – | 0.0% | Cash | quarterly | 2013-04-18 | 2013-05-01 | 2013-05-15 |
| 2013-01-30 | $0.04 | – | 0.0% | Cash | quarterly | 2013-01-16 | 2013-02-01 | 2013-02-15 |
| 2012-10-26 | $0.04 | – | -75.3% | Cash | quarterly | 2012-08-06 | 2012-10-30 | 2012-11-15 |
| 1993-11-04 | $0.1618 | $1 | 0.0% | Cash | semi-annually | 1993-09-23 | 1993-11-02 | - |
| 1993-07-19 | $0.1618 | $1 | +157.3% | Cash | semi-annually | 1993-06-09 | 1993-07-15 | - |
| 1993-02-23 | $0.0629 | $0.3886 | 0.0% | Cash | semi-annually | 1993-01-14 | 1993-02-19 | - |
| 1992-09-02 | $0.0629 | $0.3886 | +100.0% | Cash | semi-annually | 1992-07-24 | 1992-08-31 | - |
| 1992-02-24 | $0.0314 | $0.1943 | 0.0% | Cash | semi-annually | 1992-01-15 | 1992-02-20 | - |
| 1991-07-25 | $0.0314 | $0.1943 | – | Cash | semi-annually | 1991-06-13 | 1991-07-23 | - |
Splits (4)
| Date | Ratio | Cumulative |
|---|---|---|
| 1994-02-01 | 3:2 | ×6.18 to today |
| 1994-03-04 | 1.03:1 | ×4.12 to today |
| 1997-08-29 | 2:1 | ×4 to today |
| 2000-06-02 | 2:1 | ×2 to today |