Dividend Yield (TTM)
2.54%
vs 5Y avg 3.30% · 10Y avg 2.96% · price: vendor quote
Dividend Yield (Forward)
3.38%
4 payments/yr (spacing)
Dividends / Share (TTM)
$2.00
Forward (annualized): $2.66
Payout Ratio (EPS, TTM)
192.8%
Payout Ratio (FCF, TTM)
43.3%
Dividend CAGR (3Y / 5Y / 10Y)
3Y6.5%5Y5.9%10Y6.6%
Consecutive Growth Years
0
as of 2025
Years Without a Cut
8
as of 2025
Total Shareholder Yield (TTM)
3.39%
Div 3.39% + Net buyback 0.00%
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)
3.4%
Dividends 3.4% + Net buybacks 0.0%
Net Buyback (TTM)
$0
Gross $0 − Issuance $0
SBC (TTM)
$535M
Share-based compensation, dilution driver
Net share-count change % / yr
Annual dividend growth
Dividend growth is decelerating (0.0% latest vs 10.0% 3-yr avg).
| Year | DPS (regular sum, USD) | Change | Hikes | |
|---|---|---|---|---|
| 2025 | 2.66 | 0.0% | 0 | |
| 2024 | 2.66 | +9.9% | 1 | |
| 2023 | 2.42 | +10.0% | 1 | |
| 2022 | 2.20 | +10.0% | 1 | |
| 2021 | 2.00 | 0.0% | 0 | |
| 2020 | 2.00 | 0.0% | 0 | |
| 2019 | 2.00 | 0.0% | 0 | |
| 2018 | 2.00 | +33.3% | 0 | |
| 2017 | 1.50 | -11.8% | 1 | |
| 2016 | 1.70 | +21.4% | 1 | |
| 2015 | 1.40 | +27.3% | 1 | |
| 2014 | 1.10 | +388.9% | 1 | |
| 2013 | 0.225 | — | 0 |
Special dividends are excluded from these figures. Based on 50 regular payments.
Payment history (50 payments)
| Δ% | Type | Frequency | Declaration | Record | Pay date | ||
|---|---|---|---|---|---|---|---|
| 2026-04-23 | $0.665 | 0.0% | Cash | quarterly | - | 2026-04-23 | 2026-05-04 |
| 2026-01-22 | $0.665 | 0.0% | Cash | quarterly | - | 2026-01-22 | 2026-02-02 |
| 2025-10-23 | $0.665 | 0.0% | Cash | quarterly | - | 2025-10-23 | 2025-11-03 |
| 2025-07-22 | $0.665 | 0.0% | Cash | quarterly | - | 2025-07-22 | 2025-08-01 |
| 2025-04-22 | $0.665 | 0.0% | Cash | quarterly | - | 2025-04-22 | 2025-05-01 |
| 2025-01-23 | $0.665 | 0.0% | Cash | quarterly | - | 2025-01-23 | 2025-02-03 |
| 2024-10-21 | $0.665 | 0.0% | Cash | quarterly | - | 2024-10-21 | 2024-11-01 |
| 2024-07-22 | $0.665 | 0.0% | Cash | quarterly | - | 2024-07-22 | 2024-08-01 |
| 2024-04-19 | $0.665 | 0.0% | Cash | quarterly | - | 2024-04-22 | 2024-05-01 |
| 2024-01-19 | $0.665 | +9.9% | Cash | quarterly | - | 2024-01-22 | 2024-02-01 |
| 2023-10-19 | $0.605 | 0.0% | Cash | quarterly | - | 2023-10-20 | 2023-11-01 |
| 2023-07-20 | $0.605 | 0.0% | Cash | quarterly | - | 2023-07-21 | 2023-08-01 |
| 2023-04-20 | $0.605 | 0.0% | Cash | quarterly | - | 2023-04-21 | 2023-05-01 |
| 2023-01-19 | $0.605 | +10.0% | Cash | quarterly | - | 2023-01-20 | 2023-02-01 |
| 2022-10-20 | $0.55 | 0.0% | Cash | quarterly | - | 2022-10-21 | 2022-11-01 |
| 2022-07-21 | $0.55 | 0.0% | Cash | quarterly | - | 2022-07-22 | 2022-08-01 |
| 2022-04-21 | $0.55 | 0.0% | Cash | quarterly | - | 2022-04-22 | 2022-05-02 |
| 2022-01-20 | $0.55 | +10.0% | Cash | quarterly | - | 2022-01-21 | 2022-02-01 |
| 2021-10-21 | $0.5 | 0.0% | Cash | quarterly | - | 2021-10-22 | 2021-11-01 |
| 2021-07-22 | $0.5 | 0.0% | Cash | quarterly | - | 2021-07-23 | 2021-08-02 |
| 2021-04-22 | $0.5 | 0.0% | Cash | quarterly | - | 2021-04-23 | 2021-05-03 |
| 2021-01-21 | $0.5 | 0.0% | Cash | quarterly | - | 2021-01-22 | 2021-02-01 |
| 2020-10-21 | $0.5 | 0.0% | Cash | quarterly | - | 2020-10-22 | 2020-11-02 |
| 2020-07-22 | $0.5 | 0.0% | Cash | quarterly | - | 2020-07-23 | 2020-08-03 |
| 2020-04-22 | $0.5 | 0.0% | Cash | quarterly | - | 2020-04-23 | 2020-05-04 |
| 2020-01-22 | $0.5 | 0.0% | Cash | quarterly | - | 2020-01-23 | 2020-02-03 |
| 2019-10-23 | $0.5 | 0.0% | Cash | quarterly | - | 2019-10-24 | 2019-11-04 |
| 2019-07-24 | $0.5 | 0.0% | Cash | quarterly | - | 2019-07-25 | 2019-08-02 |
| 2019-04-22 | $0.5 | 0.0% | Cash | quarterly | - | 2019-04-23 | 2019-05-03 |
| 2019-01-24 | $0.5 | 0.0% | Cash | quarterly | - | 2019-01-25 | 2019-02-04 |
| 2018-10-23 | $0.5 | 0.0% | Cash | quarterly | - | 2018-10-24 | 2018-11-01 |
| 2018-07-24 | $0.5 | 0.0% | Cash | quarterly | - | 2018-07-25 | 2018-08-01 |
| 2018-04-20 | $0.5 | 0.0% | Cash | quarterly | - | 2018-04-23 | 2018-05-03 |
| 2018-01-23 | $0.5 | 0.0% | Cash | quarterly | - | 2018-01-24 | 2018-02-02 |
| 2017-10-23 | $0.5 | 0.0% | Cash | quarterly | - | 2017-10-24 | 2017-11-03 |
| 2017-04-20 | $0.5 | 0.0% | Cash | quarterly | - | 2017-04-21 | 2017-05-01 |
| 2017-01-20 | $0.5 | +17.6% | Cash | quarterly | - | 2017-01-24 | 2017-02-02 |
| 2016-10-20 | $0.425 | 0.0% | Cash | quarterly | - | 2016-10-24 | 2016-11-03 |
| 2016-07-19 | $0.425 | 0.0% | Cash | quarterly | - | 2016-07-21 | 2016-08-01 |
| 2016-04-20 | $0.425 | 0.0% | Cash | quarterly | - | 2016-04-22 | 2016-05-02 |
| 2016-01-20 | $0.425 | +21.4% | Cash | quarterly | - | 2016-01-22 | 2016-02-02 |
| 2015-10-20 | $0.35 | 0.0% | Cash | quarterly | - | 2015-10-22 | 2015-11-02 |
| 2015-07-21 | $0.35 | 0.0% | Cash | quarterly | - | 2015-07-23 | 2015-08-03 |
| 2015-04-22 | $0.35 | 0.0% | Cash | quarterly | - | 2015-04-24 | 2015-05-04 |
| 2015-01-20 | $0.35 | +27.3% | Cash | quarterly | - | 2015-01-22 | 2015-02-02 |
| 2014-10-21 | $0.275 | 0.0% | Cash | quarterly | - | 2014-10-23 | 2014-11-03 |
| 2014-07-17 | $0.275 | 0.0% | Cash | quarterly | - | 2014-07-21 | 2014-08-01 |
| 2014-04-17 | $0.275 | 0.0% | Cash | quarterly | - | 2014-04-22 | 2014-05-02 |
| 2014-01-24 | $0.275 | +22.2% | Cash | quarterly | - | 2014-01-23 | 2014-02-03 |
| 2013-10-17 | $0.225 | – | Cash | quarterly | - | 2013-10-21 | 2013-11-01 |
No splits on record.