Dividend Yield (TTM)
4.78%
price: vendor quote
Dividend Yield (Forward)
4.78%
4 payments/yr (spacing)
Dividends / Share (TTM)
$1.20
Forward (annualized): $1.20
Payout Ratio (EPS, TTM)
43.5%
Payout Ratio (FCF, TTM)
29.5%
Dividend CAGR (3Y / 5Y / 10Y)
3Y4.9%5Y10.1%10Y9.4%
Consecutive Growth Years
9
as of 2025
Years Without a Cut
9
as of 2025
Total Shareholder Yield (TTM)
10.81%
Div 5.45% + Net buyback 5.36%
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.
No yield history available.
Capital returns
Net buybacks = repurchases − stock issuance, fiscal-year cash flows. SBC shown for dilution context.
Total Shareholder Yield (TTM)
10.8%
Dividends 5.4% + Net buybacks 5.4%
Net Buyback (TTM)
$1.07B
Gross $1.07B − Issuance $0
SBC (TTM)
$484M
Share-based compensation, dilution driver
Net share-count change % / yr
Annual dividend growth
Dividend growth is decelerating (4.7% latest vs 10.6% 3-yr avg).
| Year | DPS (regular sum, USD) | Change | Hikes | |
|---|---|---|---|---|
| 2025 | 1.17 | +4.7% | 1 | |
| 2024 | 1.12 | +5.0% | 1 | |
| 2023 | 1.06 | +5.0% | 1 | |
| 2022 | 1.01 | +21.8% | 1 | |
| 2021 | 0.8314 | +15.1% | 1 | |
| 2020 | 0.7224 | +10.0% | 1 | |
| 2019 | 0.6568 | +13.6% | 1 | |
| 2018 | 0.5781 | +7.6% | 1 | |
| 2017 | 0.5374 | +41.2% | 1 | |
| 2016 | 0.3807 | -20.0% | 1 | |
| 2015 | 0.476 | -23.9% | 1 | |
| 2014 | 0.6252 | +10.1% | 1 | |
| 2013 | 0.5676 | — | 1 |
Special dividends are excluded from these figures. Based on 53 regular payments.
Payment history (53 payments)
| Δ% | Type | Frequency | Declaration | Record | Pay date | ||
|---|---|---|---|---|---|---|---|
| 2026-09-09 | $0.3 | 0.0% | Cash | quarterly | 2026-06-16 | 2026-09-09 | 2026-10-07 |
| 2026-06-10 | $0.3 | 0.0% | Cash | quarterly | 2026-05-19 | 2026-06-10 | 2026-07-01 |
| 2026-03-11 | $0.3 | 0.0% | Cash | quarterly | 2026-01-27 | 2026-03-11 | 2026-04-01 |
| 2025-12-11 | $0.3 | +3.7% | Cash | quarterly | 2025-11-25 | 2025-12-11 | 2026-01-02 |
| 2025-09-10 | $0.2894 | 0.0% | Cash | quarterly | 2025-06-10 | 2025-09-10 | 2025-10-01 |
| 2025-06-11 | $0.2894 | 0.0% | Cash | quarterly | 2025-05-14 | 2025-06-11 | 2025-07-02 |
| 2025-03-12 | $0.2894 | 0.0% | Cash | quarterly | 2025-01-30 | 2025-03-12 | 2025-04-02 |
| 2024-12-11 | $0.2894 | +5.0% | Cash | quarterly | 2024-11-26 | 2024-12-11 | 2025-01-02 |
| 2024-09-11 | $0.2756 | 0.0% | Cash | quarterly | 2024-06-11 | 2024-09-11 | 2024-10-02 |
| 2024-06-12 | $0.2756 | 0.0% | Cash | quarterly | 2024-05-15 | 2024-06-12 | 2024-07-03 |
| 2024-03-12 | $0.2756 | 0.0% | Cash | quarterly | 2024-01-30 | 2024-03-13 | 2024-04-03 |
| 2023-12-12 | $0.2756 | +5.0% | Cash | quarterly | 2023-11-07 | 2023-12-13 | 2024-01-04 |
| 2023-09-12 | $0.2625 | 0.0% | Cash | quarterly | 2023-06-21 | 2023-09-13 | 2023-10-04 |
| 2023-06-13 | $0.2625 | 0.0% | Cash | quarterly | 2023-05-15 | 2023-06-14 | 2023-07-05 |
| 2023-03-07 | $0.2625 | 0.0% | Cash | quarterly | 2023-01-11 | 2023-03-08 | 2023-04-05 |
| 2022-12-13 | $0.2625 | +5.0% | Cash | quarterly | 2022-11-22 | 2022-12-14 | 2023-01-04 |
| 2022-09-13 | $0.25 | 0.0% | Cash | quarterly | 2022-06-21 | 2022-09-14 | 2022-10-05 |
| 2022-06-07 | $0.25 | 0.0% | Cash | quarterly | 2022-05-19 | 2022-06-08 | 2022-07-06 |
| 2022-03-08 | $0.25 | 0.0% | Cash | quarterly | 2022-01-13 | 2022-03-09 | 2022-04-06 |
| 2021-12-07 | $0.25 | +29.0% | Cash | quarterly | 2021-11-16 | 2021-12-08 | 2022-01-05 |
| 2021-09-07 | $0.1938 | 0.0% | Cash | quarterly | 2021-06-23 | 2021-09-08 | 2021-10-06 |
| 2021-06-08 | $0.1938 | 0.0% | Cash | quarterly | 2021-05-25 | 2021-06-09 | 2021-07-07 |
| 2021-03-09 | $0.1938 | 0.0% | Cash | quarterly | 2021-01-13 | 2021-03-10 | 2021-04-07 |
| 2020-12-09 | $0.1938 | +10.0% | Cash | quarterly | 2020-11-25 | 2020-12-09 | 2021-01-06 |
| 2020-09-08 | $0.1762 | 0.0% | Cash | quarterly | 2020-06-24 | 2020-09-09 | 2020-10-07 |
| 2020-06-09 | $0.1762 | 0.0% | Cash | quarterly | 2020-05-15 | 2020-06-10 | 2020-07-01 |
| 2020-03-10 | $0.1762 | 0.0% | Cash | quarterly | 2020-01-16 | 2020-03-11 | 2020-04-01 |
| 2019-12-10 | $0.1762 | +10.0% | Cash | quarterly | 2019-11-13 | 2019-12-11 | 2020-01-02 |
| 2019-09-10 | $0.1602 | 0.0% | Cash | quarterly | 2019-06-26 | 2019-09-11 | 2019-10-02 |
| 2019-06-11 | $0.1602 | 0.0% | Cash | quarterly | 2019-05-15 | 2019-06-12 | 2019-07-03 |
| 2019-03-12 | $0.1602 | 0.0% | Cash | quarterly | 2019-01-16 | 2019-03-13 | 2019-04-03 |
| 2018-12-12 | $0.1602 | +15.0% | Cash | quarterly | 2018-11-14 | 2018-12-13 | 2019-01-02 |
| 2018-09-11 | $0.1393 | 0.0% | Cash | quarterly | 2018-06-20 | 2018-09-12 | 2018-10-03 |
| 2018-06-12 | $0.1393 | 0.0% | Cash | quarterly | 2018-05-14 | 2018-06-13 | 2018-07-05 |
| 2018-03-13 | $0.1393 | 0.0% | Cash | quarterly | 2018-01-29 | 2018-03-14 | 2018-04-04 |
| 2017-12-12 | $0.1393 | +5.0% | Cash | quarterly | 2017-11-15 | 2017-12-13 | 2018-01-03 |
| 2017-09-12 | $0.1327 | 0.0% | Cash | quarterly | 2017-07-25 | 2017-09-13 | 2017-10-04 |
| 2017-06-12 | $0.1327 | 0.0% | Cash | quarterly | 2017-05-18 | 2017-06-14 | 2017-07-05 |
| 2017-03-06 | $0.1327 | 0.0% | Cash | quarterly | 2017-01-23 | 2017-03-08 | 2017-04-05 |
| 2016-12-12 | $0.1327 | +7.0% | Cash | quarterly | 2016-11-09 | 2016-12-14 | 2017-01-04 |
| 2016-06-13 | $0.124 | 0.0% | Cash | quarterly | 2016-06-02 | 2016-06-15 | 2016-07-06 |
| 2016-03-07 | $0.124 | 0.0% | Cash | quarterly | 2016-01-27 | 2016-03-09 | 2016-04-06 |
| 2015-12-07 | $0.124 | -29.5% | Cash | quarterly | 2015-11-12 | 2015-12-09 | 2016-01-06 |
| 2015-06-08 | $0.176 | 0.0% | Cash | quarterly | 2015-05-28 | 2015-06-10 | 2015-07-01 |
| 2015-03-09 | $0.176 | +10.0% | Cash | quarterly | 2015-01-30 | 2015-03-11 | 2015-04-01 |
| 2014-12-05 | $0.16 | 0.0% | Cash | quarterly | 2014-11-20 | 2014-12-10 | 2015-01-07 |
| 2014-09-08 | $0.16 | 0.0% | Cash | quarterly | 2014-07-17 | 2014-09-10 | 2014-10-01 |
| 2014-06-09 | $0.16 | +10.2% | Cash | quarterly | 2014-05-15 | 2014-06-11 | 2014-07-02 |
| 2014-03-10 | $0.1452 | 0.0% | Cash | quarterly | 2014-01-21 | 2014-03-12 | 2014-04-02 |
| 2013-12-12 | $0.1452 | 0.0% | Cash | quarterly | 2013-11-27 | 2013-12-11 | 2014-01-02 |
| 2013-09-09 | $0.1452 | 0.0% | Cash | quarterly | 2013-07-18 | 2013-09-11 | 2013-10-02 |
| 2013-06-10 | $0.1452 | +10.0% | Cash | quarterly | 2013-05-22 | 2013-06-12 | 2013-07-03 |
| 2013-03-11 | $0.132 | – | Cash | quarterly | 2013-01-17 | 2013-03-13 | 2013-04-03 |
No splits on record.