Dividend Yield (TTM)
1.58%
vs 5Y avg 1.18% · 10Y avg 1.22%
Dividend Yield (Forward)
2.33%
4 payments/yr (spacing)
Dividends / Share (TTM)
$0.95
Forward (annualized): $1.40
Payout Ratio (EPS, TTM)
15.6%
Payout Ratio (FCF, TTM)
19.9%
Dividend CAGR (3Y / 5Y / 10Y)
3Y26.0%5Y38.0%10Y20.9%
Consecutive Growth Years
5
as of 2025
Years Without a Cut
22
as of 2025
Total Shareholder Yield (TTM)
1.42%
Div 0.90% + Net buyback 0.52%
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 0.9% + Net buybacks 0.5%
Net Buyback (TTM)
$76M
Gross $76M − Issuance $0
SBC (TTM)
$29M
Share-based compensation, dilution driver
Net share-count change % / yr
Annual dividend growth
Dividend growth is decelerating (25.0% latest vs 48.5% 3-yr avg).
| Year | DPS (regular sum, USD) | Change | Hikes | |
|---|---|---|---|---|
| 2025 | 1.00 | +25.0% | 1 | |
| 2024 | 0.80 | +33.3% | 1 | |
| 2023 | 0.60 | +20.0% | 1 | |
| 2022 | 0.50 | +92.3% | 1 | |
| 2021 | 0.26 | +30.0% | 1 | |
| 2020 | 0.20 | 0.0% | 0 | |
| 2019 | 0.20 | 0.0% | 0 | |
| 2018 | 0.20 | 0.0% | 0 | |
| 2017 | 0.20 | +6.7% | 0 | |
| 2016 | 0.1875 | +25.0% | 1 | |
| 2015 | 0.15 | 0.0% | 0 | |
| 2014 | 0.15 | +20.0% | 1 | |
| 2013 | 0.125 | +17.6% | 0 | |
| 2012 | 0.1063 | +6.3% | 1 | |
| 2011 | 0.10 | 0.0% | 0 |
Special dividends are excluded from these figures. Based on 91 regular payments.
Payment history (92 payments · 1 special)
| As declared | Δ% | Type | Frequency | Declaration | Record | Pay date | ||
|---|---|---|---|---|---|---|---|---|
| 2026-06-05 | $0.35 | – | 0.0% | Cash | quarterly | 2026-05-08 | 2026-06-05 | 2026-06-19 |
| 2026-03-13 | $0.35 | – | +40.0% | Cash | quarterly | 2026-02-19 | 2026-03-13 | 2026-03-27 |
| 2025-12-05 | $0.25 | – | 0.0% | Cash | quarterly | 2025-11-07 | 2025-12-05 | 2025-12-19 |
| 2025-09-05 | $0.25 | – | 0.0% | Cash | quarterly | 2025-07-31 | 2025-09-05 | 2025-09-19 |
| 2025-06-06 | $0.25 | – | 0.0% | Cash | quarterly | 2025-05-09 | 2025-06-06 | 2025-06-20 |
| 2025-03-14 | $0.25 | – | +25.0% | Cash | quarterly | 2025-02-21 | 2025-03-14 | 2025-03-28 |
| 2024-12-06 | $0.2 | – | 0.0% | Cash | quarterly | 2024-11-08 | 2024-12-06 | 2024-12-20 |
| 2024-09-06 | $0.2 | – | 0.0% | Cash | quarterly | 2024-08-01 | 2024-09-06 | 2024-09-20 |
| 2024-06-07 | $0.2 | – | 0.0% | Cash | quarterly | 2024-05-10 | 2024-06-07 | 2024-06-21 |
| 2024-03-14 | $0.2 | – | +33.3% | Cash | quarterly | 2024-02-23 | 2024-03-15 | 2024-03-29 |
| 2023-11-30 | $0.15 | – | 0.0% | Cash | quarterly | 2023-11-03 | 2023-12-01 | 2023-12-15 |
| 2023-08-31 | $0.15 | $0.3 | 0.0% | Cash | quarterly | 2023-07-28 | 2023-09-01 | 2023-09-15 |
| 2023-06-01 | $0.15 | $0.3 | 0.0% | Cash | quarterly | 2023-05-04 | 2023-06-02 | 2023-06-16 |
| 2023-03-16 | $0.15 | $0.3 | +20.0% | Cash | quarterly | 2023-02-21 | 2023-03-17 | 2023-03-31 |
| 2022-12-01 | $0.125 | $0.25 | 0.0% | Cash | quarterly | 2022-11-04 | 2022-12-02 | 2022-12-16 |
| 2022-09-01 | $0.125 | $0.25 | 0.0% | Cash | quarterly | 2022-07-29 | 2022-09-02 | 2022-09-16 |
| 2022-06-02 | $0.125 | $0.25 | 0.0% | Cash | quarterly | 2022-05-05 | 2022-06-03 | 2022-06-17 |
| 2022-03-17 | $0.125 | $0.25 | +92.3% | Cash | quarterly | 2022-02-18 | 2022-03-18 | 2022-04-01 |
| 2021-12-02 | $0.065 | $0.13 | 0.0% | Cash | quarterly | 2021-11-10 | 2021-12-03 | 2021-12-17 |
| 2021-09-02 | $0.065 | $0.13 | 0.0% | Cash | quarterly | 2021-07-29 | 2021-09-03 | 2021-09-17 |
| 2021-06-03 | $0.065 | $0.13 | 0.0% | Cash | quarterly | 2021-05-07 | 2021-06-04 | 2021-06-18 |
| 2021-03-18 | $0.065 | $0.13 | +30.0% | Cash | quarterly | 2021-02-23 | 2021-03-19 | 2021-04-02 |
| 2020-12-03 | $0.05 | $0.1 | 0.0% | Cash | quarterly | 2020-11-09 | 2020-12-04 | 2020-12-18 |
| 2020-09-03 | $0.05 | $0.1 | 0.0% | Cash | quarterly | 2020-07-31 | 2020-09-04 | 2020-09-18 |
| 2020-06-04 | $0.05 | $0.1 | 0.0% | Cash | quarterly | 2020-05-07 | 2020-06-05 | 2020-06-19 |
| 2020-03-19 | $0.05 | $0.1 | 0.0% | Cash | quarterly | 2020-02-21 | 2020-03-20 | 2020-04-03 |
| 2019-12-05 | $0.05 | $0.1 | 0.0% | Cash | quarterly | 2019-11-08 | 2019-12-06 | 2019-12-20 |
| 2019-09-05 | $0.05 | $0.1 | 0.0% | Cash | quarterly | 2019-08-01 | 2019-09-06 | 2019-09-20 |
| 2019-06-06 | $0.05 | $0.1 | 0.0% | Cash | quarterly | 2019-05-03 | 2019-06-07 | 2019-06-21 |
| 2019-03-14 | $0.05 | $0.1 | 0.0% | Cash | quarterly | 2019-02-25 | 2019-03-15 | 2019-03-29 |
| 2018-12-06 | $0.05 | $0.1 | 0.0% | Cash | quarterly | 2018-11-09 | 2018-12-07 | 2018-12-21 |
| 2018-09-06 | $0.05 | $0.1 | 0.0% | Cash | quarterly | 2018-08-06 | 2018-09-07 | 2018-09-21 |
| 2018-05-31 | $0.05 | $0.1 | 0.0% | Cash | quarterly | 2018-05-04 | 2018-06-01 | 2018-06-15 |
| 2018-03-15 | $0.05 | $0.1 | 0.0% | Cash | quarterly | 2018-02-26 | 2018-03-16 | 2018-03-29 |
| 2017-11-30 | $0.05 | $0.1 | 0.0% | Cash | quarterly | 2017-11-14 | 2017-12-01 | 2017-12-22 |
| 2017-08-31 | $0.05 | $0.1 | 0.0% | Cash | quarterly | 2017-08-15 | 2017-09-05 | 2017-09-22 |
| 2017-05-31 | $0.05 | $0.1 | 0.0% | Cash | quarterly | 2017-05-05 | 2017-06-02 | 2017-06-16 |
| 2017-03-03 | $0.05 | $0.1 | 0.0% | Cash | quarterly | 2017-02-20 | 2017-03-07 | 2017-03-21 |
| 2016-11-30 | $0.05 | $0.1 | 0.0% | Cash | quarterly | 2016-11-14 | 2016-12-02 | 2016-12-19 |
| 2016-08-31 | $0.05 | $0.1 | 0.0% | Cash | quarterly | 2016-08-12 | 2016-09-02 | 2016-09-19 |
| 2016-05-27 | $0.05 | $0.1 | +33.3% | Cash | quarterly | 2016-05-06 | 2016-06-01 | 2016-06-15 |
| 2016-03-02 | $0.0375 | $0.075 | 0.0% | Cash | quarterly | 2016-02-18 | 2016-03-04 | 2016-03-18 |
| 2015-11-25 | $0.0375 | $0.075 | 0.0% | Cash | quarterly | 2015-11-06 | 2015-11-30 | 2015-12-14 |
| 2015-09-02 | $0.0375 | $0.075 | 0.0% | Cash | quarterly | 2015-07-30 | 2015-09-04 | 2015-09-18 |
| 2015-05-28 | $0.0375 | $0.075 | 0.0% | Cash | quarterly | 2015-05-07 | 2015-06-01 | 2015-06-15 |
| 2015-02-26 | $0.0375 | $0.075 | 0.0% | Cash | quarterly | 2015-02-24 | 2015-03-02 | 2015-03-13 |
| 2014-11-26 | $0.0375 | $0.075 | 0.0% | Cash | quarterly | 2014-11-10 | 2014-12-01 | 2014-12-15 |
| 2014-09-03 | $0.0375 | $0.075 | 0.0% | Cash | quarterly | 2014-07-31 | 2014-09-05 | 2014-09-19 |
| 2014-05-29 | $0.0375 | $0.075 | 0.0% | Cash | quarterly | 2014-05-02 | 2014-06-02 | 2014-06-16 |
| 2014-02-27 | $0.0375 | $0.15 | +20.0% | Cash | quarterly | 2014-02-21 | 2014-03-03 | 2014-03-14 |
| 2013-11-27 | $0.0313 | $0.125 | 0.0% | Cash | quarterly | 2013-11-08 | 2013-12-02 | 2013-12-16 |
| 2013-09-04 | $0.0313 | $0.125 | 0.0% | Cash | quarterly | 2013-08-02 | 2013-09-06 | 2013-09-20 |
| 2013-05-30 | $0.0313 | $0.125 | 0.0% | Cash | quarterly | 2013-05-02 | 2013-06-03 | 2013-06-17 |
| 2013-02-27 | $0.0313 | $0.125 | 0.0% | Cash | quarterly | 2013-02-14 | 2013-03-01 | 2013-03-15 |
| 2012-11-29 | $0.0313 | $0.125 | +25.0% | Cash | quarterly | 2012-11-05 | 2012-12-03 | 2012-12-14 |
| 2012-08-30 | $0.025 | $0.1 | 0.0% | Cash | quarterly | 2012-08-04 | 2012-09-04 | 2012-09-17 |
| 2012-05-30 | $0.025 | $0.1 | 0.0% | Cash | quarterly | 2012-05-07 | 2012-06-01 | 2012-06-15 |
| 2012-02-28 | $0.025 | $0.1 | 0.0% | Cash | quarterly | 2012-02-18 | 2012-03-01 | 2012-03-15 |
| 2011-11-29 | $0.025 | $0.1 | 0.0% | Cash | quarterly | 2011-11-05 | 2011-12-01 | 2011-12-15 |
| 2011-08-30 | $0.025 | $0.1 | 0.0% | Cash | quarterly | 2011-08-06 | 2011-09-01 | 2011-09-15 |
| 2011-05-27 | $0.025 | $0.1 | 0.0% | Cash | quarterly | 2011-05-07 | 2011-06-01 | 2011-06-15 |
| 2011-02-25 | $0.025 | $0.1 | 0.0% | Cash | quarterly | 2011-02-18 | 2011-03-01 | 2011-03-15 |
| 2010-11-29 | $0.025 | $0.1 | 0.0% | Cash | quarterly | 2010-10-30 | 2010-12-01 | 2010-12-15 |
| 2010-08-30 | $0.025 | $0.1 | 0.0% | Cash | quarterly | 2010-07-31 | 2010-09-01 | 2010-09-15 |
| 2010-05-27 | $0.025 | $0.1 | 0.0% | Cash | quarterly | 2010-05-08 | 2010-06-01 | 2010-06-15 |
| 2010-02-25 | $0.025 | $0.1 | 0.0% | Cash | quarterly | 2010-02-15 | 2010-03-01 | 2010-03-15 |
| 2009-11-27 | $0.025 | $0.1 | 0.0% | Cash | quarterly | 2009-11-02 | 2009-12-01 | 2009-12-15 |
| 2009-08-28 | $0.025 | $0.1 | 0.0% | Cash | quarterly | 2009-08-03 | 2009-09-01 | 2009-09-15 |
| 2009-05-28 | $0.025 | $0.1 | 0.0% | Cash | quarterly | 2009-05-08 | 2009-06-01 | 2009-06-15 |
| 2009-02-26 | $0.025 | $0.1 | 0.0% | Cash | quarterly | 2009-02-16 | 2009-03-02 | 2009-03-13 |
| 2008-11-26 | $0.025 | $0.1 | 0.0% | Cash | quarterly | 2008-10-31 | 2008-12-01 | 2008-12-15 |
| 2008-08-27 | $0.025 | $0.1 | 0.0% | Cash | quarterly | 2008-08-01 | 2008-09-01 | 2008-09-15 |
| 2008-05-29 | $0.025 | $0.1 | 0.0% | Cash | quarterly | 2008-05-01 | 2008-06-02 | 2008-06-13 |
| 2008-02-28 | $0.025 | $0.1 | 0.0% | Cash | quarterly | 2008-02-15 | 2008-03-03 | 2008-03-14 |
| 2007-11-28 | $0.025 | $0.1 | 0.0% | Cash | quarterly | 2007-11-02 | 2007-11-30 | 2007-12-14 |
| 2007-08-30 | $0.025 | $0.1 | 0.0% | Cash | quarterly | 2007-08-02 | 2007-09-04 | 2007-09-17 |
| 2007-05-30 | $0.025 | $0.1 | 0.0% | Cash | quarterly | 2007-05-07 | 2007-06-01 | 2007-06-15 |
| 2007-02-27 | $0.025 | $0.1 | 0.0% | Cash | quarterly | 2007-02-08 | 2007-03-01 | 2007-03-15 |
| 2006-11-29 | $0.025 | $0.1 | 0.0% | Cash | quarterly | 2006-11-03 | 2006-12-01 | 2006-12-15 |
| 2006-08-30 | $0.025 | $0.1 | 0.0% | Cash | quarterly | 2006-08-03 | 2006-09-01 | 2006-09-15 |
| 2006-05-30 | $0.025 | $0.1 | 0.0% | Cash | quarterly | 2006-05-08 | 2006-06-01 | 2006-06-15 |
| 2006-02-27 | $0.025 | $0.1 | 0.0% | Cash | quarterly | 2006-02-16 | 2006-03-01 | 2006-03-15 |
| 2005-11-29 | $0.025 | $0.1 | 0.0% | Cash | quarterly | 2005-11-10 | 2005-12-01 | 2005-12-15 |
| 2005-08-30 | $0.025 | $0.1 | 0.0% | Cash | quarterly | 2005-08-05 | 2005-09-01 | 2005-09-15 |
| 2005-05-27 | $0.025 | $0.1 | 0.0% | Cash | quarterly | 2005-05-06 | 2005-06-01 | 2005-06-15 |
| 2005-02-25 | $0.025 | $0.1 | 0.0% | Cash | quarterly | 2005-01-14 | 2005-03-01 | 2005-03-15 |
| 2004-11-29 | $0.025 | $0.1 | 0.0% | Cash | quarterly | 2004-11-15 | 2004-12-01 | 2004-12-15 |
| 2004-10-27 | $3.75 | $15 | – | Special (cash) | — | 2004-09-02 | 2004-10-12 | 2004-10-26 |
| 2004-08-30 | $0.025 | $0.1 | 0.0% | Cash | quarterly | 2004-08-04 | 2004-09-01 | 2004-09-15 |
| 2004-05-27 | $0.025 | $0.1 | 0.0% | Cash | quarterly | 2004-04-30 | 2004-06-01 | 2004-06-15 |
| 2004-02-26 | $0.025 | $0.1 | -60.0% | Cash | quarterly | 2004-01-15 | 2004-03-01 | 2004-03-15 |
| 1996-05-16 | $0.0625 | $0.5 | – | Cash | quarterly | 1996-04-04 | 1996-05-14 | - |
Splits (4)
| Date | Ratio | Cumulative |
|---|---|---|
| 1995-10-02 | 2:1 | ×16 to today |
| 1998-05-28 | 2:1 | ×8 to today |
| 2014-03-31 | 2:1 | ×4 to today |
| 2023-10-23 | 2:1 | ×2 to today |