Dividend Yield (TTM)
0.66%
vs 5Y avg 1.53% · 10Y avg 1.54% · price: vendor quote
Dividend Yield (Forward)
1.31%
4 payments/yr (spacing)
Dividends / Share (TTM)
$1.00
Forward (annualized): $2.00
Payout Ratio (EPS, TTM)
35.9%
Payout Ratio (FCF, TTM)
—
Dividend CAGR (3Y / 5Y / 10Y)
3Y14.1%5Y14.6%10Y16.3%
Consecutive Growth Years
11
as of 2025
Years Without a Cut
11
as of 2025
Total Shareholder Yield (TTM)
1.04%
Div 1.29% + Net buyback -0.25%
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)
1.0%
Dividends 1.3% + Net buybacks −0.2%
Net Buyback (TTM)
−$1.09B
Gross $356M − Issuance $1.45B
SBC (TTM)
$4.91B
Share-based compensation, dilution driver
Net share-count change % / yr
Annual dividend growth
Dividend growth is accelerating (18.7% latest vs 10.2% 3-yr avg).
| Year | DPS (regular sum, USD) | Change | Hikes | |
|---|---|---|---|---|
| 2025 | 1.90 | +18.7% | 1 | |
| 2024 | 1.60 | +5.3% | 0 | |
| 2023 | 1.52 | +18.8% | 1 | |
| 2022 | 1.28 | +6.7% | 0 | |
| 2021 | 1.20 | +25.0% | 1 | |
| 2020 | 0.96 | +5.5% | 0 | |
| 2019 | 0.91 | +19.7% | 1 | |
| 2018 | 0.76 | +5.6% | 0 | |
| 2017 | 0.72 | +20.0% | 1 | |
| 2016 | 0.60 | +42.9% | 0 | |
| 2015 | 0.42 | +75.0% | 1 | |
| 2014 | 0.24 | — | 0 |
Special dividends are excluded from these figures. Based on 47 regular payments.
Payment history (47 payments)
| Δ% | Type | Frequency | Declaration | Record | Pay date | ||
|---|---|---|---|---|---|---|---|
| 2026-04-09 | $0.5 | 0.0% | Cash | quarterly | - | 2026-04-09 | 2026-04-24 |
| 2026-01-09 | $0.5 | 0.0% | Cash | quarterly | - | 2026-01-09 | 2026-01-23 |
| 2025-10-09 | $0.5 | 0.0% | Cash | quarterly | - | 2025-10-09 | 2025-10-23 |
| 2025-07-10 | $0.5 | 0.0% | Cash | quarterly | - | 2025-07-10 | 2025-07-24 |
| 2025-04-10 | $0.5 | +25.0% | Cash | quarterly | - | 2025-04-10 | 2025-04-23 |
| 2025-01-10 | $0.4 | 0.0% | Cash | quarterly | - | 2025-01-09 | 2025-01-23 |
| 2024-10-10 | $0.4 | 0.0% | Cash | quarterly | - | 2024-10-10 | 2024-10-24 |
| 2024-07-11 | $0.4 | 0.0% | Cash | quarterly | - | 2024-07-11 | 2024-07-25 |
| 2024-04-09 | $0.4 | 0.0% | Cash | quarterly | - | 2024-04-10 | 2024-04-24 |
| 2024-01-10 | $0.4 | 0.0% | Cash | quarterly | - | 2024-01-11 | 2024-01-25 |
| 2023-10-11 | $0.4 | 0.0% | Cash | quarterly | - | 2023-10-12 | 2023-10-26 |
| 2023-07-11 | $0.4 | 0.0% | Cash | quarterly | - | 2023-07-12 | 2023-07-26 |
| 2023-04-10 | $0.4 | +25.0% | Cash | quarterly | - | 2023-04-11 | 2023-04-24 |
| 2023-01-09 | $0.32 | 0.0% | Cash | quarterly | - | 2023-01-10 | 2023-01-24 |
| 2022-10-11 | $0.32 | 0.0% | Cash | quarterly | - | 2022-10-12 | 2022-10-25 |
| 2022-07-11 | $0.32 | 0.0% | Cash | quarterly | - | 2022-07-12 | 2022-07-26 |
| 2022-04-07 | $0.32 | 0.0% | Cash | quarterly | - | 2022-04-08 | 2022-04-21 |
| 2022-01-06 | $0.32 | 0.0% | Cash | quarterly | - | 2022-01-07 | 2022-01-19 |
| 2021-10-08 | $0.32 | 0.0% | Cash | quarterly | - | 2021-10-12 | 2021-10-26 |
| 2021-07-14 | $0.32 | 0.0% | Cash | quarterly | - | 2021-07-15 | 2021-07-29 |
| 2021-04-07 | $0.32 | +33.3% | Cash | quarterly | - | 2021-04-08 | 2021-04-22 |
| 2021-01-06 | $0.24 | 0.0% | Cash | quarterly | - | 2021-01-07 | 2021-01-21 |
| 2020-10-07 | $0.24 | 0.0% | Cash | quarterly | - | 2020-10-08 | 2020-10-22 |
| 2020-07-14 | $0.24 | 0.0% | Cash | quarterly | - | 2020-07-15 | 2020-07-28 |
| 2020-04-08 | $0.24 | 0.0% | Cash | quarterly | - | 2020-04-09 | 2020-04-23 |
| 2020-01-08 | $0.24 | 0.0% | Cash | quarterly | - | 2020-01-09 | 2020-01-23 |
| 2019-10-09 | $0.24 | 0.0% | Cash | quarterly | - | 2019-10-10 | 2019-10-24 |
| 2019-07-17 | $0.24 | 0.0% | Cash | quarterly | - | 2019-07-17 | 2019-07-31 |
| 2019-04-10 | $0.24 | +26.3% | Cash | quarterly | - | 2019-04-11 | 2019-04-25 |
| 2019-01-15 | $0.19 | 0.0% | Cash | quarterly | - | 2019-01-16 | 2019-01-30 |
| 2018-10-17 | $0.19 | 0.0% | Cash | quarterly | - | 2018-10-16 | 2018-10-30 |
| 2018-07-17 | $0.19 | 0.0% | Cash | quarterly | - | 2018-07-17 | 2018-07-31 |
| 2018-04-16 | $0.19 | 0.0% | Cash | quarterly | - | 2018-04-17 | 2018-05-01 |
| 2018-01-09 | $0.19 | 0.0% | Cash | quarterly | - | 2018-01-10 | 2018-01-24 |
| 2017-10-10 | $0.19 | 0.0% | Cash | quarterly | - | 2017-10-11 | 2017-10-25 |
| 2017-07-17 | $0.19 | 0.0% | Cash | quarterly | - | 2017-07-19 | 2017-08-02 |
| 2017-04-10 | $0.19 | +26.7% | Cash | quarterly | - | 2017-04-12 | 2017-04-26 |
| 2017-01-03 | $0.15 | 0.0% | Cash | quarterly | - | 2017-01-05 | 2017-01-26 |
| 2016-10-07 | $0.15 | 0.0% | Cash | quarterly | - | 2016-10-12 | 2016-10-26 |
| 2016-07-01 | $0.15 | 0.0% | Cash | quarterly | - | 2016-07-06 | 2016-07-27 |
| 2016-04-12 | $0.15 | 0.0% | Cash | quarterly | - | 2016-04-14 | 2016-04-28 |
| 2016-01-04 | $0.15 | 0.0% | Cash | quarterly | - | 2016-01-06 | 2016-01-27 |
| 2015-07-06 | $0.15 | 0.0% | Cash | quarterly | - | 2015-07-08 | 2015-07-29 |
| 2015-04-02 | $0.15 | +25.0% | Cash | quarterly | - | 2015-04-07 | 2015-04-28 |
| 2015-01-05 | $0.12 | 0.0% | Cash | quarterly | - | 2015-01-07 | 2015-01-28 |
| 2014-10-06 | $0.12 | 0.0% | Cash | quarterly | - | 2014-10-08 | 2014-10-29 |
| 2014-07-07 | $0.12 | – | Cash | quarterly | - | 2014-07-09 | 2014-07-30 |
No splits on record.