Dividend Yield (TTM)
0.52%
vs 5Y avg 1.18% · 10Y avg 1.46%
Dividend Yield (Forward)
1.06%
4 payments/yr (spacing)
Dividends / Share (TTM)
$1.25
Forward (annualized): $2.50
Payout Ratio (EPS, TTM)
35.3%
Payout Ratio (FCF, TTM)
31.3%
Dividend CAGR (3Y / 5Y / 10Y)
3Y-0.1%5Y7.3%10Y7.4%
Consecutive Growth Years
1
as of 2025
Years Without a Cut
1
as of 2025
Total Shareholder Yield (TTM)
2.27%
Div 1.05% + Net buyback 1.22%
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)
2.3%
Dividends 1.0% + Net buybacks 1.2%
Net Buyback (TTM)
€751M
Gross €751M − Issuance €0
SBC (TTM)
€29M
Share-based compensation, dilution driver
Net share-count change % / yr
Annual dividend growth
Dividend growth is accelerating (43.3% latest vs 16.0% 3-yr avg).
| Year | DPS (regular sum, USD) | Change | Hikes | |
|---|---|---|---|---|
| 2025 | 2.36 | +43.3% | 1 | |
| 2024 | 1.65 | -19.9% | 1 | |
| 2023 | 2.06 | -13.1% | 1 | |
| 2022 | 2.37 | +80.9% | 1 | |
| 2021 | 1.31 | -21.1% | 1 | |
| 2020 | 1.66 | -14.2% | 1 | |
| 2019 | 1.94 | +81.7% | 1 | |
| 2018 | 1.07 | +5.4% | 1 | |
| 2017 | 1.01 | +7.4% | 1 | |
| 2016 | 0.94 | -19.0% | 1 | |
| 2015 | 1.16 | +7.4% | 1 | |
| 2014 | 1.08 | — | 1 |
Special dividends are excluded from these figures. Based on 47 regular payments.
Payment history (47 payments)
| Δ% | Type | Frequency | Declaration | Record | Pay date | ||
|---|---|---|---|---|---|---|---|
| 2026-04-02 | $0.625 | 0.0% | Cash | quarterly | - | 2026-04-02 | 2026-04-15 |
| 2026-01-02 | $0.625 | 0.0% | Cash | quarterly | - | 2026-01-02 | 2026-01-15 |
| 2025-10-02 | $0.625 | +7.8% | Cash | quarterly | - | 2025-10-02 | 2025-10-15 |
| 2025-07-02 | $0.58 | 0.0% | Cash | quarterly | - | 2025-07-02 | 2025-07-15 |
| 2025-04-02 | $0.58 | 0.0% | Cash | quarterly | - | 2025-04-02 | 2025-04-15 |
| 2025-01-02 | $0.58 | 0.0% | Cash | quarterly | - | 2025-01-02 | 2025-01-15 |
| 2024-10-02 | $0.58 | +8.4% | Cash | quarterly | - | 2024-10-02 | 2024-10-15 |
| 2024-07-02 | $0.535 | 0.0% | Cash | quarterly | - | 2024-07-02 | 2024-07-15 |
| 2024-04-02 | $0.535 | 0.0% | Cash | quarterly | - | 2024-04-02 | 2024-04-15 |
| 2023-12-29 | $0.535 | 0.0% | Cash | quarterly | - | 2024-01-02 | 2024-01-16 |
| 2023-09-29 | $0.535 | +8.1% | Cash | quarterly | - | 2023-10-02 | 2023-10-13 |
| 2023-06-30 | $0.495 | 0.0% | Cash | quarterly | - | 2023-07-03 | 2023-07-14 |
| 2023-03-31 | $0.495 | 0.0% | Cash | quarterly | - | 2023-04-03 | 2023-04-14 |
| 2022-12-30 | $0.495 | 0.0% | Cash | quarterly | - | 2023-01-03 | 2023-01-13 |
| 2022-09-30 | $0.495 | +7.6% | Cash | quarterly | - | 2022-10-03 | 2022-10-14 |
| 2022-06-30 | $0.46 | 0.0% | Cash | quarterly | - | 2022-07-01 | 2022-07-15 |
| 2022-03-31 | $0.46 | 0.0% | Cash | quarterly | - | 2022-04-01 | 2022-04-14 |
| 2022-01-03 | $0.46 | 0.0% | Cash | quarterly | - | 2022-01-03 | 2022-01-14 |
| 2021-09-30 | $0.46 | +8.2% | Cash | quarterly | - | 2021-10-01 | 2021-10-15 |
| 2021-06-30 | $0.425 | 0.0% | Cash | quarterly | - | 2021-07-01 | 2021-07-15 |
| 2021-03-31 | $0.425 | 0.0% | Cash | quarterly | - | 2021-04-01 | 2021-04-15 |
| 2020-12-31 | $0.425 | 0.0% | Cash | quarterly | - | 2021-01-04 | 2021-01-15 |
| 2020-09-30 | $0.425 | +4.9% | Cash | quarterly | - | 2020-10-01 | 2020-10-15 |
| 2020-06-30 | $0.405 | 0.0% | Cash | quarterly | - | 2020-07-01 | 2020-07-15 |
| 2020-03-31 | $0.405 | 0.0% | Cash | quarterly | - | 2020-04-01 | 2020-04-15 |
| 2019-12-31 | $0.405 | 0.0% | Cash | quarterly | - | 2020-01-02 | 2020-01-15 |
| 2019-09-30 | $0.405 | +8.0% | Cash | quarterly | - | 2019-10-01 | 2019-10-15 |
| 2019-06-28 | $0.375 | 0.0% | Cash | quarterly | - | 2019-07-01 | 2019-07-15 |
| 2019-03-29 | $0.375 | 0.0% | Cash | quarterly | - | 2019-04-01 | 2019-04-15 |
| 2019-01-02 | $0.375 | 0.0% | Cash | quarterly | - | 2019-01-02 | 2019-01-15 |
| 2018-09-28 | $0.375 | +8.7% | Cash | quarterly | - | 2018-10-01 | 2018-10-15 |
| 2018-06-29 | $0.345 | 0.0% | Cash | quarterly | - | 2018-07-02 | 2018-07-16 |
| 2018-03-29 | $0.345 | 0.0% | Cash | quarterly | - | 2018-04-02 | 2018-04-16 |
| 2017-12-29 | $0.345 | 0.0% | Cash | quarterly | - | 2018-01-02 | 2018-01-16 |
| 2017-09-29 | $0.345 | +7.8% | Cash | quarterly | - | 2017-10-02 | 2017-10-16 |
| 2017-03-30 | $0.32 | 0.0% | Cash | quarterly | - | 2017-04-03 | 2017-04-17 |
| 2016-12-29 | $0.32 | 0.0% | Cash | quarterly | - | 2017-01-03 | 2017-01-16 |
| 2016-09-29 | $0.32 | +6.7% | Cash | quarterly | - | 2016-10-03 | 2016-10-14 |
| 2016-06-29 | $0.3 | 0.0% | Cash | quarterly | - | 2016-07-01 | 2016-07-15 |
| 2015-12-30 | $0.3 | 0.0% | Cash | quarterly | - | 2016-01-04 | 2016-01-15 |
| 2015-09-29 | $0.3 | +7.1% | Cash | quarterly | - | 2015-10-01 | 2015-10-15 |
| 2015-06-29 | $0.28 | 0.0% | Cash | quarterly | - | 2015-07-01 | 2015-07-15 |
| 2015-03-30 | $0.28 | 0.0% | Cash | quarterly | - | 2015-04-01 | 2015-04-15 |
| 2014-12-30 | $0.28 | 0.0% | Cash | quarterly | - | 2015-01-02 | 2015-01-15 |
| 2014-09-29 | $0.28 | +7.7% | Cash | quarterly | - | 2014-10-01 | 2014-10-15 |
| 2014-06-27 | $0.26 | 0.0% | Cash | quarterly | - | 2014-07-01 | 2014-07-15 |
| 2014-03-28 | $0.26 | – | Cash | quarterly | - | 2014-04-01 | 2014-04-15 |
Amounts are in the declared currency; the listing currency is EUR.
No splits on record.