Dividend Yield (TTM)
2.08%
price: vendor quote
Dividend Yield (Forward)
2.28%
4 payments/yr (spacing)
Dividends / Share (TTM)
$1.85
Forward (annualized): $2.00
Payout Ratio (EPS, TTM)
26.2%
Payout Ratio (FCF, TTM)
29.1%
Dividend CAGR (3Y / 5Y / 10Y)
3Y15.6%5Y6.9%10Y—
Consecutive Growth Years
4
as of 2025
Years Without a Cut
4
as of 2025
Total Shareholder Yield (TTM)
9.06%
Div 2.43% + Net buyback 6.64%
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)
9.1%
Dividends 2.4% + Net buybacks 6.6%
Net Buyback (TTM)
€15.46B
Gross €15.46B − Issuance €0
SBC (TTM)
€0
Share-based compensation, dilution driver
Net share-count change % / yr
Annual dividend growth
Dividend growth is decelerating (13.3% latest vs 39.0% 3-yr avg).
| Year | DPS (regular sum, USD) | Change | Hikes | |
|---|---|---|---|---|
| 2025 | 1.70 | +13.3% | 1 | |
| 2024 | 1.50 | +15.4% | 1 | |
| 2023 | 1.30 | +18.2% | 1 | |
| 2022 | 1.10 | +83.3% | 2 | |
| 2021 | 0.60 | -50.8% | 1 | |
| 2020 | 1.22 | -36.5% | 0 | |
| 2019 | 1.92 | +53.6% | 2 | |
| 2018 | 1.25 | — | 1 |
Special dividends are excluded from these figures. Based on 34 regular payments.
Payment history (34 payments)
| Δ% | Type | Frequency | Declaration | Record | Pay date | ||
|---|---|---|---|---|---|---|---|
| 2026-08-07 | $0.5 | +11.1% | Cash | quarterly | 2026-07-28 | 2026-08-07 | 2026-09-01 |
| 2026-05-08 | $0.45 | 0.0% | Cash | quarterly | 2026-04-28 | 2026-05-08 | 2026-06-01 |
| 2026-02-06 | $0.45 | 0.0% | Cash | quarterly | 2026-01-27 | 2026-02-06 | 2026-03-01 |
| 2025-11-07 | $0.45 | 0.0% | Cash | quarterly | 2025-10-28 | 2025-11-07 | 2025-12-01 |
| 2025-08-08 | $0.45 | +12.5% | Cash | quarterly | 2025-07-30 | 2025-08-08 | 2025-09-01 |
| 2025-05-09 | $0.4 | 0.0% | Cash | quarterly | 2025-04-29 | 2025-05-09 | 2025-06-01 |
| 2025-02-07 | $0.4 | 0.0% | Cash | quarterly | 2025-01-28 | 2025-02-07 | 2025-03-01 |
| 2024-11-08 | $0.4 | 0.0% | Cash | quarterly | 2024-10-21 | 2024-11-08 | 2024-12-01 |
| 2024-08-09 | $0.4 | +14.3% | Cash | quarterly | 2024-07-22 | 2024-08-09 | 2024-09-01 |
| 2024-05-09 | $0.35 | 0.0% | Cash | quarterly | 2024-04-29 | 2024-05-10 | 2024-06-01 |
| 2024-02-01 | $0.35 | 0.0% | Cash | quarterly | 2024-01-23 | 2024-02-02 | 2024-03-01 |
| 2023-11-02 | $0.35 | 0.0% | Cash | quarterly | 2023-10-23 | 2023-11-03 | 2023-12-01 |
| 2023-08-03 | $0.35 | +16.7% | Cash | quarterly | 2023-07-25 | 2023-08-04 | 2023-09-01 |
| 2023-05-04 | $0.3 | 0.0% | Cash | quarterly | 2023-04-25 | 2023-05-05 | 2023-06-01 |
| 2023-02-02 | $0.3 | 0.0% | Cash | quarterly | 2023-01-24 | 2023-02-03 | 2023-03-01 |
| 2022-11-03 | $0.3 | 0.0% | Cash | quarterly | 2022-10-26 | 2022-11-04 | 2022-12-01 |
| 2022-08-04 | $0.3 | +20.0% | Cash | quarterly | 2022-07-26 | 2022-08-05 | 2022-09-01 |
| 2022-05-05 | $0.25 | 0.0% | Cash | quarterly | 2022-04-25 | 2022-05-06 | 2022-06-01 |
| 2022-02-03 | $0.25 | +25.0% | Cash | quarterly | 2022-01-25 | 2022-02-04 | 2022-03-01 |
| 2021-11-04 | $0.2 | 0.0% | Cash | quarterly | 2021-10-26 | 2021-11-05 | 2021-12-01 |
| 2021-08-05 | $0.2 | +100.0% | Cash | quarterly | 2021-07-27 | 2021-08-06 | 2021-09-01 |
| 2021-05-06 | $0.1 | 0.0% | Cash | quarterly | 2021-04-27 | 2021-05-07 | 2021-06-01 |
| 2021-02-04 | $0.1 | 0.0% | Cash | quarterly | 2021-01-27 | 2021-02-05 | 2021-03-01 |
| 2020-11-05 | $0.1 | 0.0% | Cash | quarterly | 2020-10-27 | 2020-11-06 | 2020-12-01 |
| 2020-08-06 | $0.1 | -80.4% | Cash | quarterly | 2020-07-28 | 2020-08-07 | 2020-09-01 |
| 2020-05-07 | $0.51 | 0.0% | Cash | quarterly | 2020-04-28 | 2020-05-08 | 2020-06-01 |
| 2020-02-06 | $0.51 | 0.0% | Cash | quarterly | 2020-01-28 | 2020-02-07 | 2020-03-01 |
| 2019-11-07 | $0.51 | 0.0% | Cash | quarterly | 2019-10-22 | 2019-11-08 | 2019-12-01 |
| 2019-08-08 | $0.51 | +13.3% | Cash | quarterly | 2019-07-23 | 2019-08-09 | 2019-09-01 |
| 2019-05-09 | $0.45 | 0.0% | Cash | quarterly | 2019-04-23 | 2019-05-10 | 2019-06-01 |
| 2019-01-31 | $0.45 | +4.7% | Cash | quarterly | 2019-01-22 | 2019-02-01 | 2019-03-01 |
| 2018-11-08 | $0.43 | 0.0% | Cash | quarterly | 2018-10-23 | 2018-11-09 | 2018-12-01 |
| 2018-08-09 | $0.43 | +10.3% | Cash | quarterly | 2018-07-24 | 2018-08-10 | 2018-09-01 |
| 2018-05-03 | $0.39 | – | Cash | quarterly | 2018-04-25 | 2018-05-04 | 2018-06-01 |
Amounts are in the declared currency; the listing currency is EUR.
No splits on record.