Dividend Yield (TTM)
0.40%
vs 5Y avg 1.07% · 10Y avg 0.86% · price: vendor quote
Dividend Yield (Forward)
0.85%
4 payments/yr (spacing)
Dividends / Share (TTM)
$0.85
Forward (annualized): $1.78
Payout Ratio (EPS, TTM)
24.5%
Payout Ratio (FCF, TTM)
23.9%
Dividend CAGR (3Y / 5Y / 10Y)
3Y9.3%5Y41.6%10Y—
Consecutive Growth Years
5
as of 2025
Years Without a Cut
5
as of 2025
Total Shareholder Yield (TTM)
2.43%
Div 0.77% + Net buyback 1.66%
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)
2.4%
Dividends 0.8% + Net buybacks 1.7%
Net Buyback (TTM)
€978M
Gross €978M − Issuance €0
SBC (TTM)
€152M
Share-based compensation, dilution driver
Net share-count change % / yr
Annual dividend growth
Dividend growth is accelerating (10.2% latest vs 8.8% 3-yr avg).
| Year | DPS (regular sum, USD) | Change | Hikes | |
|---|---|---|---|---|
| 2025 | 1.62 | +10.2% | 1 | |
| 2024 | 1.47 | +9.7% | 1 | |
| 2023 | 1.34 | +8.1% | 1 | |
| 2022 | 1.24 | +8.8% | 1 | |
| 2021 | 1.14 | +300.0% | 0 | |
| 2020 | 0.285 | -72.1% | 1 | |
| 2019 | 1.02 | +13.3% | 1 | |
| 2018 | 0.90 | +181.3% | 1 | |
| 2017 | 0.32 | — | 0 |
Special dividends are excluded from these figures. Based on 32 regular payments.
Payment history (32 payments)
| Δ% | Type | Frequency | Declaration | Record | Pay date | ||
|---|---|---|---|---|---|---|---|
| 2026-03-13 | $0.445 | +9.9% | Cash | quarterly | - | 2026-03-13 | 2026-03-31 |
| 2025-12-09 | $0.405 | 0.0% | Cash | quarterly | - | 2025-12-09 | 2025-12-31 |
| 2025-09-09 | $0.405 | 0.0% | Cash | quarterly | - | 2025-09-09 | 2025-09-30 |
| 2025-06-10 | $0.405 | 0.0% | Cash | quarterly | - | 2025-06-10 | 2025-06-30 |
| 2025-03-18 | $0.405 | +10.2% | Cash | quarterly | - | 2025-03-18 | 2025-03-31 |
| 2024-12-10 | $0.3675 | 0.0% | Cash | quarterly | - | 2024-12-10 | 2024-12-31 |
| 2024-09-10 | $0.3675 | 0.0% | Cash | quarterly | - | 2024-09-10 | 2024-09-30 |
| 2024-06-11 | $0.3675 | 0.0% | Cash | quarterly | - | 2024-06-11 | 2024-06-28 |
| 2024-03-14 | $0.3675 | +9.7% | Cash | quarterly | - | 2024-03-15 | 2024-03-29 |
| 2023-12-04 | $0.335 | 0.0% | Cash | quarterly | - | 2023-12-05 | 2023-12-29 |
| 2023-09-01 | $0.335 | 0.0% | Cash | quarterly | - | 2023-09-05 | 2023-09-29 |
| 2023-06-05 | $0.335 | 0.0% | Cash | quarterly | - | 2023-06-06 | 2023-06-30 |
| 2023-03-13 | $0.335 | +8.1% | Cash | quarterly | - | 2023-03-14 | 2023-03-31 |
| 2022-12-05 | $0.31 | 0.0% | Cash | quarterly | - | 2022-12-06 | 2022-12-30 |
| 2022-09-02 | $0.31 | 0.0% | Cash | quarterly | - | 2022-09-06 | 2022-09-30 |
| 2022-06-07 | $0.31 | 0.0% | Cash | quarterly | - | 2022-06-07 | 2022-06-30 |
| 2022-03-14 | $0.31 | +8.8% | Cash | quarterly | - | 2022-03-15 | 2022-03-31 |
| 2021-12-06 | $0.285 | 0.0% | Cash | quarterly | - | 2021-12-07 | 2021-12-31 |
| 2021-09-03 | $0.285 | 0.0% | Cash | quarterly | - | 2021-09-07 | 2021-09-30 |
| 2021-06-07 | $0.285 | 0.0% | Cash | quarterly | - | 2021-06-08 | 2021-06-30 |
| 2021-03-15 | $0.285 | 0.0% | Cash | quarterly | - | 2021-03-16 | 2021-03-31 |
| 2020-03-16 | $0.285 | +11.8% | Cash | quarterly | - | 2020-03-17 | 2020-03-31 |
| 2019-12-05 | $0.255 | 0.0% | Cash | quarterly | - | 2019-12-06 | 2019-12-31 |
| 2019-09-11 | $0.255 | 0.0% | Cash | quarterly | - | 2019-09-12 | 2019-09-30 |
| 2019-06-11 | $0.255 | 0.0% | Cash | quarterly | - | 2019-06-11 | 2019-06-28 |
| 2019-03-15 | $0.255 | +13.3% | Cash | quarterly | - | 2019-03-18 | 2019-03-29 |
| 2018-12-06 | $0.225 | 0.0% | Cash | quarterly | - | 2018-12-07 | 2018-12-28 |
| 2018-09-12 | $0.225 | 0.0% | Cash | quarterly | - | 2018-09-13 | 2018-09-28 |
| 2018-06-11 | $0.225 | 0.0% | Cash | quarterly | - | 2018-06-12 | 2018-06-29 |
| 2018-03-16 | $0.225 | +40.6% | Cash | quarterly | - | 2018-03-19 | 2018-03-30 |
| 2017-11-30 | $0.16 | 0.0% | Cash | quarterly | - | 2017-12-01 | 2017-12-29 |
| 2017-09-06 | $0.16 | – | Cash | quarterly | - | 2017-09-07 | 2017-09-29 |
Amounts are in the declared currency; the listing currency is EUR.
No splits on record.