Dividend Yield (TTM)
4.71%
vs 5Y avg 4.61% · 10Y avg 4.17%
Dividend Yield (Forward)
6.28%
4 payments/yr (spacing)
Dividends / Share (TTM)
$2.63
Forward (annualized): $3.51
Payout Ratio (EPS, TTM)
35.7%
Payout Ratio (FCF, TTM)
—
Dividend CAGR (3Y / 5Y / 10Y)
3Y5.3%5Y5.2%10Y6.7%
Consecutive Growth Years
1
as of 2025
Years Without a Cut
1
as of 2025
Total Shareholder Yield (TTM)
5.02%
Div 4.91% + Net buyback 0.12%
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)
5.0%
Dividends 4.9% + Net buybacks 0.1%
Net Buyback (TTM)
$33M
Gross $33M − Issuance $0
SBC (TTM)
$0
Share-based compensation, dilution driver
Net share-count change % / yr
Annual dividend growth
Dividend growth is accelerating (41.5% latest vs -3.6% 3-yr avg).
| Year | DPS (regular sum, USD) | Change | Hikes | |
|---|---|---|---|---|
| 2025 | 3.31 | +41.5% | 1 | |
| 2024 | 2.34 | -21.8% | 0 | |
| 2023 | 2.99 | +5.5% | 1 | |
| 2022 | 2.84 | +5.6% | 1 | |
| 2021 | 2.69 | +4.4% | 1 | |
| 2020 | 2.57 | +4.0% | 1 | |
| 2019 | 2.48 | +2.0% | 1 | |
| 2018 | 2.43 | +8.7% | 1 | |
| 2017 | 2.23 | +12.6% | 1 | |
| 2016 | 1.98 | +14.4% | 1 | |
| 2015 | 1.73 | +16.9% | 1 | |
| 2014 | 1.48 | +8.4% | 1 | |
| 2013 | 1.37 | +4.2% | 1 | |
| 2012 | 1.31 | +2.1% | 1 | |
| 2011 | 1.29 | +1.6% | 1 |
Special dividends are excluded from these figures. Based on 141 regular payments.
Payment history (141 payments)
| As declared | Δ% | Type | Frequency | Declaration | Record | Pay date | ||
|---|---|---|---|---|---|---|---|---|
| 2026-07-07 | $0.8775 | – | 0.0% | Cash | quarterly | 2026-06-24 | 2026-07-07 | 2026-07-31 |
| 2026-04-07 | $0.8775 | – | 0.0% | Cash | quarterly | 2026-02-18 | 2026-04-07 | 2026-04-30 |
| 2026-01-07 | $0.8775 | – | +6.0% | Cash | quarterly | 2025-12-11 | 2026-01-07 | 2026-01-31 |
| 2025-10-07 | $0.8275 | – | 0.0% | Cash | quarterly | 2025-09-22 | 2025-10-07 | 2025-10-31 |
| 2025-07-07 | $0.8275 | – | 0.0% | Cash | quarterly | 2025-06-25 | 2025-07-07 | 2025-07-31 |
| 2025-04-07 | $0.8275 | – | 0.0% | Cash | quarterly | 2025-02-27 | 2025-04-07 | 2025-04-30 |
| 2025-01-07 | $0.8275 | – | +6.1% | Cash | quarterly | 2024-12-12 | 2025-01-07 | 2025-01-31 |
| 2024-10-07 | $0.78 | – | 0.0% | Cash | quarterly | 2024-09-23 | 2024-10-07 | 2024-10-31 |
| 2024-07-08 | $0.78 | – | 0.0% | Cash | quarterly | 2024-06-26 | 2024-07-08 | 2024-07-31 |
| 2024-03-27 | $0.78 | – | 0.0% | Cash | quarterly | 2024-02-22 | 2024-03-28 | 2024-04-30 |
| 2023-12-28 | $0.78 | – | +5.8% | Cash | quarterly | 2023-12-14 | 2023-12-29 | 2024-01-31 |
| 2023-09-28 | $0.7375 | – | 0.0% | Cash | quarterly | 2023-08-24 | 2023-09-29 | 2023-10-31 |
| 2023-07-03 | $0.7375 | – | 0.0% | Cash | quarterly | 2023-06-21 | 2023-07-05 | 2023-07-31 |
| 2023-03-30 | $0.7375 | – | 0.0% | Cash | quarterly | 2023-02-23 | 2023-03-31 | 2023-04-30 |
| 2022-12-29 | $0.7375 | – | +5.4% | Cash | quarterly | 2022-12-08 | 2022-12-30 | 2023-01-31 |
| 2022-09-29 | $0.7 | – | 0.0% | Cash | quarterly | 2022-08-25 | 2022-09-30 | 2022-10-31 |
| 2022-07-01 | $0.7 | – | 0.0% | Cash | quarterly | 2022-06-23 | 2022-07-05 | 2022-07-31 |
| 2022-03-30 | $0.7 | – | 0.0% | Cash | quarterly | 2022-02-24 | 2022-03-31 | 2022-04-30 |
| 2021-12-30 | $0.7 | – | +5.7% | Cash | quarterly | 2021-12-09 | 2021-12-31 | 2022-01-31 |
| 2021-09-29 | $0.6625 | – | 0.0% | Cash | quarterly | 2021-08-26 | 2021-09-30 | 2021-10-31 |
| 2021-07-02 | $0.6625 | – | 0.0% | Cash | quarterly | 2021-06-24 | 2021-07-06 | 2021-07-31 |
| 2021-03-30 | $0.6625 | – | 0.0% | Cash | quarterly | 2021-03-01 | 2021-03-31 | 2021-04-30 |
| 2020-12-30 | $0.6625 | – | +3.9% | Cash | quarterly | 2020-12-14 | 2020-12-31 | 2021-01-31 |
| 2020-09-29 | $0.6375 | – | 0.0% | Cash | quarterly | 2020-08-27 | 2020-09-30 | 2020-10-31 |
| 2020-07-02 | $0.6375 | – | 0.0% | Cash | quarterly | 2020-06-24 | 2020-07-06 | 2020-07-31 |
| 2020-03-30 | $0.6375 | – | 0.0% | Cash | quarterly | 2020-02-27 | 2020-03-31 | 2020-04-30 |
| 2019-12-30 | $0.6375 | – | +4.1% | Cash | quarterly | 2019-12-12 | 2019-12-31 | 2020-01-31 |
| 2019-09-27 | $0.6125 | – | 0.0% | Cash | quarterly | 2019-08-22 | 2019-09-30 | 2019-10-31 |
| 2019-07-05 | $0.6125 | – | 0.0% | Cash | quarterly | 2019-06-26 | 2019-07-08 | 2019-07-31 |
| 2019-03-28 | $0.6125 | – | 0.0% | Cash | quarterly | 2019-02-28 | 2019-03-29 | 2019-04-30 |
| 2018-12-28 | $0.6125 | – | +1.2% | Cash | quarterly | 2018-12-06 | 2018-12-31 | 2019-01-31 |
| 2018-09-27 | $0.605 | – | 0.0% | Cash | quarterly | 2018-08-23 | 2018-09-28 | 2018-10-31 |
| 2018-06-29 | $0.605 | – | 0.0% | Cash | quarterly | 2018-06-21 | 2018-07-02 | 2018-07-31 |
| 2018-03-28 | $0.605 | – | 0.0% | Cash | quarterly | 2018-02-22 | 2018-03-29 | 2018-04-30 |
| 2017-12-28 | $0.605 | – | +11.5% | Cash | quarterly | 2017-12-07 | 2017-12-29 | 2018-01-31 |
| 2017-09-28 | $0.5425 | – | 0.0% | Cash | quarterly | 2017-08-24 | 2017-09-29 | 2017-10-31 |
| 2017-06-28 | $0.5425 | – | 0.0% | Cash | quarterly | 2017-04-27 | 2017-06-30 | 2017-07-31 |
| 2017-03-29 | $0.5425 | – | 0.0% | Cash | quarterly | 2017-02-25 | 2017-03-31 | 2017-04-30 |
| 2016-12-28 | $0.5425 | – | +13.0% | Cash | quarterly | 2016-12-08 | 2016-12-30 | 2017-01-31 |
| 2016-09-28 | $0.48 | – | 0.0% | Cash | quarterly | 2016-08-25 | 2016-09-30 | 2016-10-31 |
| 2016-06-28 | $0.48 | – | 0.0% | Cash | quarterly | 2016-04-29 | 2016-06-30 | 2016-07-31 |
| 2016-03-29 | $0.48 | – | 0.0% | Cash | quarterly | 2016-02-25 | 2016-03-31 | 2016-04-30 |
| 2015-12-29 | $0.48 | – | +15.0% | Cash | quarterly | 2015-12-10 | 2015-12-31 | 2016-01-31 |
| 2015-09-28 | $0.4175 | – | 0.0% | Cash | quarterly | 2015-08-27 | 2015-09-30 | 2015-10-31 |
| 2015-06-26 | $0.4175 | – | 0.0% | Cash | quarterly | 2015-06-17 | 2015-06-30 | 2015-07-31 |
| 2015-03-27 | $0.4175 | – | 0.0% | Cash | quarterly | 2015-02-26 | 2015-03-31 | 2015-04-30 |
| 2014-12-29 | $0.4175 | – | +17.6% | Cash | quarterly | 2014-12-11 | 2014-12-31 | 2015-01-31 |
| 2014-09-26 | $0.355 | – | 0.0% | Cash | quarterly | 2014-08-29 | 2014-09-30 | 2014-10-31 |
| 2014-06-26 | $0.355 | – | 0.0% | Cash | quarterly | 2014-06-20 | 2014-06-30 | 2014-07-31 |
| 2014-03-27 | $0.355 | – | 0.0% | Cash | quarterly | 2014-02-27 | 2014-03-31 | 2014-04-30 |
| 2013-12-27 | $0.355 | – | +5.2% | Cash | quarterly | 2013-12-12 | 2013-12-31 | 2014-01-31 |
| 2013-09-26 | $0.3375 | – | 0.0% | Cash | quarterly | 2013-09-05 | 2013-09-30 | 2013-10-31 |
| 2013-06-26 | $0.3375 | – | 0.0% | Cash | quarterly | 2013-04-25 | 2013-06-28 | 2013-07-31 |
| 2013-03-26 | $0.3375 | – | 0.0% | Cash | quarterly | 2013-02-28 | 2013-03-29 | 2013-04-30 |
| 2012-12-27 | $0.3375 | – | +3.8% | Cash | quarterly | 2012-12-20 | 2012-12-31 | 2013-01-31 |
| 2012-09-26 | $0.325 | – | 0.0% | Cash | quarterly | 2012-09-07 | 2012-09-28 | 2012-10-31 |
| 2012-06-27 | $0.325 | – | 0.0% | Cash | quarterly | 2012-04-28 | 2012-06-29 | 2012-07-31 |
| 2012-03-28 | $0.325 | – | 0.0% | Cash | quarterly | 2012-02-24 | 2012-03-30 | 2012-04-30 |
| 2011-12-28 | $0.325 | – | +1.6% | Cash | quarterly | 2011-12-09 | 2011-12-30 | 2012-01-31 |
| 2011-09-28 | $0.32 | – | 0.0% | Cash | quarterly | 2011-09-02 | 2011-09-30 | 2011-10-31 |
| 2011-06-28 | $0.32 | – | 0.0% | Cash | quarterly | 2011-04-29 | 2011-06-30 | 2011-07-31 |
| 2011-03-29 | $0.32 | – | 0.0% | Cash | quarterly | 2011-02-25 | 2011-03-31 | 2011-04-30 |
| 2010-12-29 | $0.32 | – | +1.6% | Cash | quarterly | 2010-12-10 | 2010-12-31 | 2011-01-31 |
| 2010-09-28 | $0.315 | – | 0.0% | Cash | quarterly | 2010-09-03 | 2010-09-30 | 2010-10-31 |
| 2010-06-28 | $0.315 | – | 0.0% | Cash | quarterly | 2010-04-23 | 2010-06-30 | 2010-07-31 |
| 2010-03-29 | $0.315 | – | 0.0% | Cash | quarterly | 2010-02-26 | 2010-03-31 | 2010-04-30 |
| 2009-12-29 | $0.315 | – | +1.6% | Cash | quarterly | 2009-12-11 | 2009-12-31 | 2010-01-31 |
| 2009-09-28 | $0.31 | – | 0.0% | Cash | quarterly | 2009-09-04 | 2009-09-30 | 2009-10-31 |
| 2009-06-26 | $0.31 | – | 0.0% | Cash | quarterly | 2009-06-19 | 2009-06-30 | 2009-07-31 |
| 2009-03-27 | $0.31 | – | 0.0% | Cash | quarterly | 2009-02-27 | 2009-03-31 | 2009-04-30 |
| 2008-12-29 | $0.31 | – | +1.6% | Cash | quarterly | 2008-12-11 | 2008-12-31 | 2009-01-31 |
| 2008-09-26 | $0.305 | – | 0.0% | Cash | quarterly | 2008-09-05 | 2008-09-30 | 2008-10-31 |
| 2008-06-26 | $0.305 | – | 0.0% | Cash | quarterly | 2008-04-24 | 2008-06-30 | 2008-07-31 |
| 2008-03-27 | $0.305 | – | 0.0% | Cash | quarterly | 2008-02-28 | 2008-03-31 | 2008-04-30 |
| 2007-12-27 | $0.305 | – | +5.2% | Cash | quarterly | 2007-12-13 | 2007-12-31 | 2008-01-31 |
| 2007-09-26 | $0.29 | – | 0.0% | Cash | quarterly | 2007-09-06 | 2007-09-28 | 2007-10-31 |
| 2007-06-27 | $0.29 | – | 0.0% | Cash | quarterly | 2007-04-26 | 2007-06-29 | 2007-07-31 |
| 2007-03-28 | $0.29 | – | 0.0% | Cash | quarterly | 2007-02-22 | 2007-03-30 | 2007-04-30 |
| 2006-12-27 | $0.29 | – | +7.4% | Cash | quarterly | 2006-12-14 | 2006-12-29 | 2007-01-31 |
| 2006-09-27 | $0.27 | – | 0.0% | Cash | quarterly | 2006-09-07 | 2006-09-29 | 2006-10-31 |
| 2006-06-28 | $0.27 | – | 0.0% | Cash | quarterly | 2006-04-27 | 2006-06-30 | 2006-07-31 |
| 2006-03-29 | $0.27 | – | 0.0% | Cash | quarterly | 2006-03-01 | 2006-03-31 | 2006-04-30 |
| 2005-12-28 | $0.27 | – | +8.0% | Cash | quarterly | 2005-12-16 | 2005-12-30 | 2006-01-31 |
| 2005-09-28 | $0.25 | – | 0.0% | Cash | quarterly | 2005-08-12 | 2005-09-30 | 2005-10-31 |
| 2005-06-28 | $0.25 | – | 0.0% | Cash | quarterly | 2005-05-23 | 2005-06-30 | 2005-07-31 |
| 2005-03-29 | $0.25 | – | 0.0% | Cash | quarterly | 2005-03-09 | 2005-03-31 | 2005-04-30 |
| 2004-12-28 | $0.25 | – | +25.0% | Cash | quarterly | 2004-11-19 | 2004-12-30 | 2005-01-31 |
| 2004-09-28 | $0.2 | – | 0.0% | Cash | quarterly | 2004-09-16 | 2004-09-30 | 2004-10-31 |
| 2004-06-28 | $0.2 | – | 0.0% | Cash | quarterly | 2004-05-21 | 2004-06-30 | 2004-07-31 |
| 2004-03-29 | $0.2 | – | 0.0% | Cash | quarterly | 2004-03-18 | 2004-03-31 | 2004-04-30 |
| 2004-01-02 | $0.2 | – | -28.6% | Cash | quarterly | 2003-12-11 | 2004-01-06 | 2004-01-31 |
| 2000-10-03 | $0.28 | – | 0.0% | Cash | quarterly | 2000-09-21 | 2000-10-05 | 2000-10-31 |
| 2000-06-30 | $0.28 | – | 0.0% | Cash | quarterly | 2000-05-18 | 2000-07-05 | 2000-07-31 |
| 2000-04-03 | $0.28 | – | +3.7% | Cash | quarterly | 2000-03-16 | 2000-04-05 | 2000-04-30 |
| 2000-01-03 | $0.27 | – | 0.0% | Cash | quarterly | 1999-12-09 | 2000-01-05 | 2000-01-31 |
| 1999-10-01 | $0.27 | – | 0.0% | Cash | quarterly | 1999-09-16 | 1999-10-05 | 1999-10-31 |
| 1999-06-30 | $0.27 | – | 0.0% | Cash | quarterly | 1999-05-20 | 1999-07-02 | 1999-07-31 |
| 1999-03-31 | $0.27 | – | +3.8% | Cash | quarterly | 1999-03-18 | 1999-04-05 | 1999-04-30 |
| 1998-12-31 | $0.26 | – | 0.0% | Cash | quarterly | 1998-12-10 | 1999-01-05 | 1999-01-31 |
| 1998-10-01 | $0.26 | – | 0.0% | Cash | quarterly | 1998-09-11 | 1998-10-05 | 1998-10-31 |
| 1998-06-30 | $0.26 | – | 0.0% | Cash | quarterly | 1998-05-21 | 1998-07-02 | 1998-07-31 |
| 1998-04-01 | $0.26 | – | +4.0% | Cash | quarterly | 1998-02-19 | 1998-04-03 | 1998-04-30 |
| 1997-12-31 | $0.25 | – | 0.0% | Cash | quarterly | 1997-11-25 | 1998-01-05 | 1998-01-31 |
| 1997-10-01 | $0.25 | – | 0.0% | Cash | quarterly | 1997-09-18 | 1997-10-03 | 1997-10-31 |
| 1997-07-01 | $0.25 | – | 0.0% | Cash | quarterly | 1997-05-15 | 1997-07-03 | 1997-07-31 |
| 1997-04-02 | $0.25 | – | 0.0% | Cash | quarterly | 1997-03-20 | 1997-04-04 | 1997-04-30 |
| 1996-12-31 | $0.25 | – | 0.0% | Cash | quarterly | 1996-11-21 | 1997-01-03 | 1997-01-31 |
| 1996-10-02 | $0.25 | – | 0.0% | Cash | quarterly | 1996-09-12 | 1996-10-04 | 1996-10-31 |
| 1996-07-02 | $0.25 | – | 0.0% | Cash | quarterly | 1996-05-16 | 1996-07-05 | 1996-07-31 |
| 1996-04-02 | $0.25 | – | 0.0% | Cash | quarterly | 1996-03-21 | 1996-04-05 | 1996-04-30 |
| 1996-01-03 | $0.25 | – | 0.0% | Cash | quarterly | 1995-12-14 | 1996-01-05 | 1996-01-31 |
| 1995-10-03 | $0.25 | – | 0.0% | Cash | quarterly | 1995-09-21 | 1995-10-05 | 1995-10-31 |
| 1995-06-30 | $0.25 | – | 0.0% | Cash | quarterly | 1995-05-19 | 1995-07-05 | 1995-07-31 |
| 1995-03-30 | $0.25 | – | 0.0% | Cash | quarterly | 1995-02-17 | 1995-04-05 | 1995-04-30 |
| 1994-12-29 | $0.25 | – | 0.0% | Cash | quarterly | 1994-12-09 | 1995-01-05 | 1995-01-31 |
| 1994-09-29 | $0.25 | – | 0.0% | Cash | quarterly | 1994-09-15 | 1994-10-05 | 1994-10-31 |
| 1994-06-28 | $0.25 | – | -29.6% | Cash | quarterly | 1994-06-17 | 1994-07-05 | 1994-07-31 |
| 1994-03-29 | $0.355 | – | 0.0% | Cash | quarterly | 1994-03-17 | 1994-04-05 | 1994-04-30 |
| 1993-12-30 | $0.355 | – | 0.0% | Cash | quarterly | 1993-11-18 | 1994-01-05 | 1994-01-31 |
| 1993-09-29 | $0.355 | – | 0.0% | Cash | quarterly | 1993-09-16 | 1993-10-05 | 1993-10-31 |
| 1993-06-28 | $0.355 | – | +1.4% | Cash | quarterly | 1993-06-17 | 1993-07-02 | 1993-07-31 |
| 1993-03-30 | $0.35 | $0.7 | 0.0% | Cash | quarterly | 1993-03-18 | 1993-04-05 | 1993-04-30 |
| 1992-12-29 | $0.35 | $0.7 | 0.0% | Cash | quarterly | 1992-11-19 | 1993-01-05 | 1993-01-31 |
| 1992-09-29 | $0.35 | $0.7 | 0.0% | Cash | quarterly | 1992-09-17 | 1992-10-05 | 1992-10-31 |
| 1992-06-26 | $0.35 | $0.7 | +2.9% | Cash | quarterly | 1992-06-18 | 1992-07-02 | 1992-07-31 |
| 1992-03-30 | $0.34 | $0.68 | 0.0% | Cash | quarterly | 1992-03-19 | 1992-04-03 | 1992-04-30 |
| 1991-12-27 | $0.34 | $0.68 | 0.0% | Cash | quarterly | 1991-11-21 | 1992-01-03 | 1992-01-31 |
| 1991-09-30 | $0.34 | $0.68 | 0.0% | Cash | quarterly | 1991-09-19 | 1991-10-04 | 1991-10-31 |
| 1991-06-28 | $0.34 | $0.68 | +3.0% | Cash | quarterly | 1991-06-20 | 1991-07-05 | 1991-07-31 |
| 1991-04-01 | $0.33 | $0.66 | 0.0% | Cash | quarterly | 1991-03-21 | 1991-04-05 | 1991-04-30 |
| 1990-12-28 | $0.33 | $0.66 | 0.0% | Cash | quarterly | 1990-12-20 | 1991-01-04 | 1991-01-31 |
| 1990-10-01 | $0.33 | $0.66 | 0.0% | Cash | quarterly | 1990-09-20 | 1990-10-05 | 1990-10-31 |
| 1990-06-28 | $0.33 | $0.66 | +3.1% | Cash | quarterly | 1990-06-21 | 1990-07-05 | 1990-07-31 |
| 1990-03-30 | $0.32 | $0.64 | 0.0% | Cash | quarterly | 1990-03-15 | 1990-04-05 | 1990-04-30 |
| 1989-12-29 | $0.32 | $0.64 | 0.0% | Cash | quarterly | 1989-12-21 | 1990-01-05 | 1990-01-31 |
| 1989-09-29 | $0.32 | $0.64 | 0.0% | Cash | quarterly | 1989-09-21 | 1989-10-05 | 1989-10-31 |
| 1989-06-28 | $0.32 | $0.64 | +3.2% | Cash | quarterly | 1989-06-15 | 1989-07-05 | 1989-07-31 |
| 1989-03-30 | $0.31 | $0.62 | 0.0% | Cash | quarterly | 1989-03-16 | 1989-04-05 | 1989-04-30 |
| 1988-12-29 | $0.31 | $0.62 | 0.0% | Cash | quarterly | 1988-12-15 | 1989-01-05 | 1989-01-31 |
| 1988-09-29 | $0.31 | $0.62 | 0.0% | Cash | quarterly | 1988-09-15 | 1988-10-05 | 1988-10-31 |
| 1988-06-28 | $0.31 | $0.62 | – | Cash | quarterly | 1988-06-16 | 1988-07-05 | 1988-07-31 |
Splits (2)
| Date | Ratio | Cumulative |
|---|---|---|
| 1984-08-13 | 2:1 | ×4 to today |
| 1993-06-22 | 2:1 | ×2 to today |