Dividend Yield (TTM)
1.26%
vs 5Y avg 1.29% · 10Y avg 1.25%
Dividend Yield (Forward)
1.71%
4 payments/yr (spacing)
Dividends / Share (TTM)
$0.88
Forward (annualized): $1.20
Payout Ratio (EPS, TTM)
146.8%
Payout Ratio (FCF, TTM)
—
Dividend CAGR (3Y / 5Y / 10Y)
3Y8.4%5Y14.1%10Y—
Consecutive Growth Years
8
as of 2025
Years Without a Cut
8
as of 2025
Total Shareholder Yield (TTM)
1.57%
Div 1.57% + 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)
1.6%
Dividends 1.6% + Net buybacks 0.0%
Net Buyback (TTM)
$0
Gross $0 − Issuance $0
SBC (TTM)
$30M
Share-based compensation, dilution driver
Net share-count change % / yr
Annual dividend growth
Dividend growth is decelerating (7.7% latest vs 15.6% 3-yr avg).
| Year | DPS (regular sum, USD) | Change | Hikes | |
|---|---|---|---|---|
| 2025 | 1.12 | +7.7% | 1 | |
| 2024 | 1.04 | +8.3% | 1 | |
| 2023 | 0.96 | +9.1% | 1 | |
| 2022 | 0.88 | +29.4% | 1 | |
| 2021 | 0.68 | +17.2% | 2 | |
| 2020 | 0.58 | +7.4% | 1 | |
| 2019 | 0.54 | +3.8% | 1 | |
| 2018 | 0.52 | — | 0 | |
| 2008 | 0.30 | -50.0% | 0 | |
| 2007 | 0.60 | 0.0% | 0 | |
| 2006 | 0.60 | +26.3% | 1 | |
| 2005 | 0.475 | +58.3% | 1 | |
| 2004 | 0.30 | — | 2 | |
| 2001 | 0.24 | -57.1% | 0 | |
| 2000 | 0.56 | 0.0% | 0 |
Special dividends are excluded from these figures. Based on 115 regular payments.
Payment history (115 payments)
| As declared | Δ% | Type | Frequency | Declaration | Record | Pay date | ||
|---|---|---|---|---|---|---|---|---|
| 2026-05-14 | $0.3 | – | 0.0% | Cash | quarterly | 2026-05-01 | 2026-05-14 | 2026-05-28 |
| 2026-02-27 | $0.3 | – | +7.1% | Cash | quarterly | 2026-02-13 | 2026-02-27 | 2026-03-13 |
| 2025-11-14 | $0.28 | – | 0.0% | Cash | quarterly | 2025-10-30 | 2025-11-14 | 2025-11-21 |
| 2025-08-15 | $0.28 | – | 0.0% | Cash | quarterly | 2025-08-01 | 2025-08-15 | 2025-08-29 |
| 2025-05-20 | $0.28 | – | 0.0% | Cash | quarterly | 2025-05-06 | 2025-05-20 | 2025-06-03 |
| 2025-02-27 | $0.28 | – | +7.7% | Cash | quarterly | 2025-02-14 | 2025-02-27 | 2025-03-13 |
| 2024-11-20 | $0.26 | – | 0.0% | Cash | quarterly | 2024-11-05 | 2024-11-20 | 2024-11-27 |
| 2024-08-20 | $0.26 | – | 0.0% | Cash | quarterly | 2024-08-07 | 2024-08-20 | 2024-09-03 |
| 2024-05-21 | $0.26 | – | 0.0% | Cash | quarterly | 2024-05-08 | 2024-05-22 | 2024-06-05 |
| 2024-02-22 | $0.26 | – | +8.3% | Cash | quarterly | 2024-02-09 | 2024-02-23 | 2024-03-08 |
| 2023-11-09 | $0.24 | – | 0.0% | Cash | quarterly | 2023-10-25 | 2023-11-10 | 2023-11-22 |
| 2023-08-10 | $0.24 | – | 0.0% | Cash | quarterly | 2023-07-28 | 2023-08-11 | 2023-08-25 |
| 2023-05-11 | $0.24 | – | 0.0% | Cash | quarterly | 2023-04-28 | 2023-05-12 | 2023-05-26 |
| 2023-03-09 | $0.24 | – | +9.1% | Cash | quarterly | 2023-02-17 | 2023-03-10 | 2023-03-31 |
| 2022-11-08 | $0.22 | – | 0.0% | Cash | quarterly | 2022-10-28 | 2022-11-09 | 2022-12-01 |
| 2022-08-17 | $0.22 | – | 0.0% | Cash | quarterly | 2022-08-05 | 2022-08-18 | 2022-09-01 |
| 2022-05-11 | $0.22 | – | 0.0% | Cash | quarterly | 2022-04-28 | 2022-05-12 | 2022-05-26 |
| 2022-02-25 | $0.22 | – | +22.2% | Cash | quarterly | 2022-02-18 | 2022-02-28 | 2022-03-14 |
| 2021-11-05 | $0.18 | – | 0.0% | Cash | quarterly | 2021-10-28 | 2021-11-08 | 2021-12-01 |
| 2021-08-09 | $0.18 | – | +12.5% | Cash | quarterly | 2021-07-30 | 2021-08-10 | 2021-09-01 |
| 2021-05-14 | $0.16 | – | 0.0% | Cash | quarterly | 2021-04-30 | 2021-05-17 | 2021-06-01 |
| 2021-02-19 | $0.16 | – | +10.3% | Cash | quarterly | 2021-02-12 | 2021-02-22 | 2021-03-08 |
| 2020-11-12 | $0.145 | – | 0.0% | Cash | quarterly | 2020-11-03 | 2020-11-13 | 2020-12-01 |
| 2020-08-13 | $0.145 | – | 0.0% | Cash | quarterly | 2020-08-04 | 2020-08-14 | 2020-09-01 |
| 2020-05-14 | $0.145 | – | 0.0% | Cash | quarterly | 2020-05-05 | 2020-05-15 | 2020-06-01 |
| 2020-02-14 | $0.145 | – | +7.4% | Cash | quarterly | 2020-02-07 | 2020-02-18 | 2020-03-02 |
| 2019-11-13 | $0.135 | – | 0.0% | Cash | quarterly | 2019-11-05 | 2019-11-14 | 2019-12-04 |
| 2019-08-16 | $0.135 | – | 0.0% | Cash | quarterly | 2019-08-06 | 2019-08-19 | 2019-09-03 |
| 2019-05-20 | $0.135 | – | 0.0% | Cash | quarterly | 2019-05-07 | 2019-05-21 | 2019-06-03 |
| 2019-02-25 | $0.135 | – | +3.8% | Cash | quarterly | 2019-02-13 | 2019-02-26 | 2019-03-13 |
| 2018-11-15 | $0.13 | – | 0.0% | Cash | quarterly | 2018-11-02 | 2018-11-16 | 2018-11-30 |
| 2018-08-16 | $0.13 | – | 0.0% | Cash | quarterly | 2018-08-06 | 2018-08-17 | 2018-08-31 |
| 2018-05-17 | $0.13 | – | 0.0% | Cash | quarterly | 2018-05-07 | 2018-05-18 | 2018-06-01 |
| 2018-02-23 | $0.13 | – | -13.3% | Cash | quarterly | 2018-02-13 | 2018-02-26 | 2018-03-13 |
| 2008-05-14 | $0.15 | – | 0.0% | Cash | quarterly | 2008-05-01 | 2008-05-16 | 2008-05-30 |
| 2008-02-13 | $0.15 | – | 0.0% | Cash | quarterly | 2008-02-01 | 2008-02-15 | 2008-03-03 |
| 2007-11-14 | $0.15 | – | 0.0% | Cash | quarterly | 2007-11-02 | 2007-11-16 | 2007-11-30 |
| 2007-08-15 | $0.15 | – | 0.0% | Cash | quarterly | 2007-08-04 | 2007-08-17 | 2007-08-31 |
| 2007-05-15 | $0.15 | – | 0.0% | Cash | quarterly | 2007-05-04 | 2007-05-17 | 2007-06-01 |
| 2007-02-13 | $0.15 | – | 0.0% | Cash | quarterly | 2007-02-02 | 2007-02-15 | 2007-03-01 |
| 2006-11-15 | $0.15 | – | 0.0% | Cash | quarterly | 2006-11-03 | 2006-11-17 | 2006-12-01 |
| 2006-08-15 | $0.15 | – | 0.0% | Cash | quarterly | 2006-08-04 | 2006-08-17 | 2006-09-01 |
| 2006-05-15 | $0.15 | – | 0.0% | Cash | quarterly | 2006-05-05 | 2006-05-17 | 2006-06-01 |
| 2006-02-13 | $0.15 | – | +20.0% | Cash | quarterly | 2006-02-06 | 2006-02-15 | 2006-03-01 |
| 2005-11-16 | $0.125 | – | 0.0% | Cash | quarterly | 2005-11-07 | 2005-11-18 | 2005-12-01 |
| 2005-08-15 | $0.125 | – | 0.0% | Cash | quarterly | 2005-08-08 | 2005-08-17 | 2005-09-01 |
| 2005-05-13 | $0.125 | – | +25.0% | Cash | quarterly | 2005-05-02 | 2005-05-17 | 2005-06-01 |
| 2005-02-10 | $0.1 | – | 0.0% | Cash | quarterly | 2005-01-21 | 2005-02-14 | 2005-03-01 |
| 2004-11-12 | $0.1 | – | +33.3% | Cash | quarterly | 2004-11-08 | 2004-11-16 | 2004-12-01 |
| 2004-08-13 | $0.075 | – | 0.0% | Cash | quarterly | 2004-08-02 | 2004-08-17 | 2004-09-01 |
| 2004-05-13 | $0.075 | – | +50.0% | Cash | quarterly | 2004-05-03 | 2004-05-17 | 2004-06-01 |
| 2004-02-10 | $0.05 | – | 0.0% | Cash | quarterly | 2004-01-21 | 2004-02-12 | 2004-03-01 |
| 2001-08-15 | $0.05 | – | 0.0% | Cash | quarterly | 2001-07-30 | 2001-08-17 | 2001-08-31 |
| 2001-05-15 | $0.05 | – | -64.3% | Cash | quarterly | 2001-05-07 | 2001-05-17 | 2001-06-01 |
| 2001-02-14 | $0.14 | – | 0.0% | Cash | quarterly | 2001-01-25 | 2001-02-16 | 2001-03-01 |
| 2000-11-15 | $0.14 | – | 0.0% | Cash | quarterly | 2000-11-06 | 2000-11-17 | 2000-12-01 |
| 2000-08-16 | $0.14 | – | 0.0% | Cash | quarterly | 2000-07-31 | 2000-08-18 | 2000-09-01 |
| 2000-05-15 | $0.14 | – | 0.0% | Cash | quarterly | 2000-05-01 | 2000-05-17 | 2000-06-01 |
| 2000-02-14 | $0.14 | – | 0.0% | Cash | quarterly | 2000-02-07 | 2000-02-16 | 2000-03-01 |
| 1999-11-15 | $0.14 | – | 0.0% | Cash | quarterly | 1999-11-08 | 1999-11-17 | 1999-12-01 |
| 1999-08-17 | $0.14 | – | 0.0% | Cash | quarterly | 1999-08-02 | 1999-08-19 | 1999-09-01 |
| 1999-05-13 | $0.14 | – | 0.0% | Cash | quarterly | 1999-04-23 | 1999-05-17 | 1999-06-01 |
| 1999-02-18 | $0.14 | – | 0.0% | Cash | quarterly | 1999-02-15 | 1999-02-18 | 1999-03-01 |
| 1998-11-13 | $0.14 | – | 0.0% | Cash | quarterly | 1998-10-24 | 1998-11-17 | 1998-12-01 |
| 1998-08-17 | $0.14 | – | 0.0% | Cash | quarterly | 1998-07-27 | 1998-08-19 | 1998-09-01 |
| 1998-05-13 | $0.14 | – | 0.0% | Cash | quarterly | 1998-05-04 | 1998-05-15 | 1998-06-01 |
| 1998-02-11 | $0.14 | – | 0.0% | Cash | quarterly | 1998-01-26 | 1998-02-13 | 1998-03-02 |
| 1997-11-14 | $0.14 | – | 0.0% | Cash | quarterly | 1997-10-27 | 1997-11-18 | 1997-12-02 |
| 1997-08-13 | $0.14 | – | 0.0% | Cash | quarterly | 1997-07-29 | 1997-08-15 | 1997-08-29 |
| 1997-05-13 | $0.14 | – | 0.0% | Cash | quarterly | 1997-05-05 | 1997-05-15 | 1997-05-29 |
| 1997-02-11 | $0.14 | – | 0.0% | Cash | quarterly | 1997-01-27 | 1997-02-13 | 1997-02-28 |
| 1996-11-14 | $0.14 | – | 0.0% | Cash | quarterly | 1996-10-28 | 1996-11-18 | 1996-12-03 |
| 1996-08-13 | $0.14 | – | 0.0% | Cash | quarterly | 1996-07-29 | 1996-08-15 | 1996-08-30 |
| 1996-05-15 | $0.14 | – | 0.0% | Cash | quarterly | 1996-04-25 | 1996-05-17 | 1996-05-30 |
| 1996-02-12 | $0.14 | – | 0.0% | Cash | quarterly | 1996-02-05 | 1996-02-14 | 1996-03-01 |
| 1995-11-13 | $0.14 | – | 0.0% | Cash | quarterly | 1995-10-24 | 1995-11-15 | 1995-12-01 |
| 1995-08-11 | $0.14 | – | 0.0% | Cash | quarterly | 1995-07-24 | 1995-08-15 | 1995-09-01 |
| 1995-05-12 | $0.14 | – | +12.0% | Cash | quarterly | 1995-05-01 | 1995-05-18 | 1995-06-01 |
| 1995-02-08 | $0.125 | – | 0.0% | Cash | quarterly | 1995-01-30 | 1995-02-14 | 1995-03-01 |
| 1994-11-10 | $0.125 | – | 0.0% | Cash | quarterly | 1994-10-31 | 1994-11-17 | 1994-12-01 |
| 1994-08-09 | $0.125 | – | 0.0% | Cash | quarterly | 1994-07-25 | 1994-08-15 | 1994-08-31 |
| 1994-05-12 | $0.125 | – | +13.6% | Cash | quarterly | 1994-05-03 | 1994-05-18 | 1994-06-01 |
| 1994-02-08 | $0.11 | – | 0.0% | Cash | quarterly | 1994-01-31 | 1994-02-14 | 1994-03-01 |
| 1993-11-10 | $0.11 | – | 0.0% | Cash | quarterly | 1993-11-01 | 1993-11-17 | 1993-12-01 |
| 1993-08-09 | $0.11 | – | 0.0% | Cash | quarterly | 1993-07-26 | 1993-08-13 | 1993-08-31 |
| 1993-05-12 | $0.11 | $0.22 | +10.0% | Cash | quarterly | 1993-05-04 | 1993-05-18 | 1993-06-01 |
| 1993-02-08 | $0.1 | $0.2 | 0.0% | Cash | quarterly | 1993-02-01 | 1993-02-12 | 1993-03-02 |
| 1992-11-09 | $0.1 | $0.2 | 0.0% | Cash | quarterly | 1992-10-26 | 1992-11-16 | 1992-12-01 |
| 1992-08-10 | $0.1 | $0.2 | -0.1% | Cash | quarterly | 1992-07-27 | 1992-08-14 | 1992-08-31 |
| 1992-05-11 | $0.1001 | $0.3002 | +11.1% | Cash | quarterly | 1992-04-01 | 1992-05-07 | - |
| 1992-02-10 | $0.0901 | $0.2702 | 0.0% | Cash | quarterly | 1992-01-01 | 1992-02-06 | - |
| 1991-11-08 | $0.0901 | $0.2702 | 0.0% | Cash | quarterly | 1991-09-27 | 1991-11-06 | - |
| 1991-08-08 | $0.0901 | $0.2702 | 0.0% | Cash | quarterly | 1991-06-27 | 1991-08-06 | - |
| 1991-05-14 | $0.0901 | $0.2702 | 0.0% | Cash | quarterly | 1991-04-04 | 1991-05-10 | - |
| 1991-02-11 | $0.0901 | $0.2702 | 0.0% | Cash | quarterly | 1991-01-02 | 1991-02-07 | - |
| 1990-11-08 | $0.0901 | $0.2702 | 0.0% | Cash | quarterly | 1990-09-27 | 1990-11-06 | - |
| 1990-08-08 | $0.0901 | $0.2702 | +8.0% | Cash | quarterly | 1990-06-29 | 1990-08-06 | - |
| 1990-05-15 | $0.0834 | $0.2501 | 0.0% | Cash | quarterly | 1990-04-05 | 1990-05-11 | - |
| 1990-02-09 | $0.0834 | $0.2501 | 0.0% | Cash | quarterly | 1989-12-29 | 1990-02-07 | - |
| 1989-11-09 | $0.0834 | $0.2501 | 0.0% | Cash | quarterly | 1989-09-28 | 1989-11-07 | - |
| 1989-08-08 | $0.0834 | $0.2501 | 0.0% | Cash | quarterly | 1989-06-29 | 1989-08-04 | - |
| 1989-05-12 | $0.0834 | $0.2501 | +8.7% | Cash | quarterly | 1989-03-31 | 1989-05-10 | - |
| 1989-02-07 | $0.0767 | $0.23 | 0.0% | Cash | quarterly | 1988-12-29 | 1989-02-03 | - |
| 1988-11-08 | $0.0767 | $0.23 | 0.0% | Cash | quarterly | 1988-09-29 | 1988-11-04 | - |
| 1988-08-08 | $0.0767 | $0.23 | 0.0% | Cash | quarterly | 1988-06-29 | 1988-08-04 | - |
| 1988-05-12 | $0.0767 | $0.23 | +15.0% | Cash | quarterly | 1988-03-31 | 1988-05-10 | - |
| 1988-02-08 | $0.0667 | $0.2 | 0.0% | Cash | quarterly | 1987-12-30 | 1988-02-04 | - |
| 1987-11-06 | $0.0667 | $0.2 | 0.0% | Cash | quarterly | 1987-09-25 | 1987-11-04 | - |
| 1987-08-06 | $0.0667 | $0.2 | 0.0% | Cash | quarterly | 1987-06-25 | 1987-08-04 | - |
| 1987-05-12 | $0.0667 | $0.2 | +6.0% | Cash | quarterly | 1987-04-02 | 1987-05-08 | - |
| 1987-02-09 | $0.0629 | $0.1886 | -2.9% | Cash | quarterly | 1987-02-02 | 1987-02-13 | 1987-03-02 |
| 1986-11-07 | $0.0648 | $0.2001 | 0.0% | Cash | quarterly | 1986-09-26 | 1986-11-05 | - |
| 1986-08-07 | $0.0648 | $0.2001 | 0.0% | Cash | quarterly | 1986-06-26 | 1986-08-05 | - |
| 1986-05-14 | $0.0648 | $0.2001 | +6.1% | Cash | quarterly | 1986-04-04 | 1986-05-12 | - |
| 1986-02-10 | $0.061 | $0.1886 | – | Cash | quarterly | 1986-01-16 | 1986-02-14 | 1986-02-28 |
Splits (15)
| Date | Ratio | Cumulative |
|---|---|---|
| 1974-01-28 | 2:1 | ×8.3078 to today |
| 1976-07-27 | 51:50 | ×4.1539 to today |
| 1977-08-09 | 51:50 | ×4.0725 to today |
| 1978-08-11 | 51:50 | ×3.9926 to today |
| 1979-03-05 | 1.03:1 | ×3.9143 to today |
| 1980-02-08 | 1.03:1 | ×3.8003 to today |
| 1981-02-10 | 1.03:1 | ×3.6896 to today |
| 1982-02-10 | 1.03:1 | ×3.5822 to today |
| 1983-02-14 | 1.03:1 | ×3.4778 to today |
| 1984-02-10 | 1.03:1 | ×3.3765 to today |
| 1985-02-08 | 1.03:1 | ×3.2782 to today |
| 1986-02-10 | 1.03:1 | ×3.1827 to today |
| 1987-02-09 | 1.03:1 | ×3.09 to today |
| 1992-06-08 | 3:2 | ×3 to today |
| 1993-06-09 | 2:1 | ×2 to today |