Dividend Yield (TTM)
1.47%
price: vendor quote
Dividend Yield (Forward)
2.12%
4 payments/yr (spacing)
Dividends / Share (TTM)
$2.79
Forward (annualized): $3.96
Payout Ratio (EPS, TTM)
44.0%
Payout Ratio (FCF, TTM)
37.3%
Dividend CAGR (3Y / 5Y / 10Y)
3Y15.1%5Y13.3%10Y—
Consecutive Growth Years
5
as of 2025
Years Without a Cut
5
as of 2025
Total Shareholder Yield (TTM)
4.96%
Div 1.94% + Net buyback 3.02%
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.
No yield history available.
Capital returns
Net buybacks = repurchases − stock issuance, fiscal-year cash flows. SBC shown for dilution context.
Total Shareholder Yield (TTM)
5.0%
Dividends 1.9% + Net buybacks 3.0%
Net Buyback (TTM)
€2.36B
Gross €2.50B − Issuance €143M
SBC (TTM)
€361M
Share-based compensation, dilution driver
Net share-count change % / yr
Annual dividend growth
Dividend growth is decelerating (12.5% latest vs 15.1% 3-yr avg).
| Year | DPS (regular sum, USD) | Change | Hikes | |
|---|---|---|---|---|
| 2025 | 3.43 | +12.5% | 1 | |
| 2024 | 3.05 | +17.3% | 1 | |
| 2023 | 2.60 | +15.6% | 1 | |
| 2022 | 2.25 | +12.5% | 1 | |
| 2021 | 2.00 | +8.7% | 1 | |
| 2020 | 1.84 | — | 1 |
Special dividends are excluded from these figures. Based on 27 regular payments.
Payment history (27 payments)
| Δ% | Type | Frequency | Declaration | Record | Pay date | ||
|---|---|---|---|---|---|---|---|
| 2026-07-23 | $0.99 | +10.0% | Cash | quarterly | 2026-07-08 | 2026-07-23 | 2026-08-14 |
| 2026-04-09 | $0.9 | 0.0% | Cash | quarterly | 2026-02-25 | 2026-04-09 | 2026-05-15 |
| 2026-01-29 | $0.9 | 0.0% | Cash | quarterly | 2026-01-14 | 2026-01-29 | 2026-02-13 |
| 2025-10-02 | $0.9 | 0.0% | Cash | quarterly | 2025-09-17 | 2025-10-02 | 2025-11-14 |
| 2025-07-24 | $0.9 | +10.4% | Cash | quarterly | 2025-07-09 | 2025-07-24 | 2025-08-15 |
| 2025-04-03 | $0.815 | 0.0% | Cash | quarterly | 2025-03-12 | 2025-04-03 | 2025-05-15 |
| 2025-01-30 | $0.815 | 0.0% | Cash | quarterly | 2025-01-15 | 2025-01-30 | 2025-02-14 |
| 2024-10-04 | $0.815 | 0.0% | Cash | quarterly | 2024-09-18 | 2024-10-04 | 2024-11-15 |
| 2024-07-25 | $0.815 | +14.8% | Cash | quarterly | 2024-07-09 | 2024-07-25 | 2024-08-15 |
| 2024-04-03 | $0.71 | 0.0% | Cash | quarterly | 2024-03-13 | 2024-04-04 | 2024-05-15 |
| 2024-01-24 | $0.71 | 0.0% | Cash | quarterly | 2024-01-10 | 2024-01-25 | 2024-02-15 |
| 2023-10-05 | $0.71 | 0.0% | Cash | quarterly | 2023-09-20 | 2023-10-06 | 2023-11-15 |
| 2023-07-26 | $0.71 | +20.3% | Cash | quarterly | 2023-07-11 | 2023-07-27 | 2023-08-15 |
| 2023-04-04 | $0.59 | 0.0% | Cash | quarterly | 2023-03-15 | 2023-04-05 | 2023-05-15 |
| 2023-01-25 | $0.59 | 0.0% | Cash | quarterly | 2023-01-11 | 2023-01-26 | 2023-02-15 |
| 2022-10-06 | $0.59 | 0.0% | Cash | quarterly | 2022-09-22 | 2022-10-07 | 2022-11-15 |
| 2022-07-27 | $0.59 | +10.3% | Cash | quarterly | 2022-07-13 | 2022-07-28 | 2022-08-15 |
| 2022-04-05 | $0.535 | 0.0% | Cash | quarterly | 2022-03-23 | 2022-04-06 | 2022-05-13 |
| 2022-01-26 | $0.535 | 0.0% | Cash | quarterly | 2022-01-12 | 2022-01-27 | 2022-02-15 |
| 2021-10-07 | $0.535 | 0.0% | Cash | quarterly | 2021-09-22 | 2021-10-08 | 2021-11-15 |
| 2021-07-28 | $0.535 | +15.1% | Cash | quarterly | 2021-07-14 | 2021-07-29 | 2021-08-13 |
| 2021-04-06 | $0.465 | 0.0% | Cash | quarterly | 2021-03-17 | 2021-04-07 | 2021-05-14 |
| 2021-01-29 | $0.465 | 0.0% | Cash | quarterly | 2021-01-20 | 2021-02-01 | 2021-02-12 |
| 2020-10-08 | $0.465 | 0.0% | Cash | quarterly | 2020-09-23 | 2020-10-09 | 2020-11-13 |
| 2020-07-24 | $0.465 | +2.2% | Cash | quarterly | 2020-07-15 | 2020-07-27 | 2020-08-14 |
| 2020-04-07 | $0.455 | 0.0% | Cash | quarterly | 2020-03-11 | 2020-04-08 | 2020-05-15 |
| 2020-01-28 | $0.455 | – | Cash | quarterly | 2020-01-15 | 2020-01-29 | 2020-02-14 |
Amounts are in the declared currency; the listing currency is EUR.
No splits on record.