Dividend Yield (TTM)
1.26%
vs 5Y avg 2.46% · 10Y avg 1.71% · price: vendor quote
Dividend Yield (Forward)
3.53%
4 payments/yr (spacing)
Dividends / Share (TTM)
$0.595
Forward (annualized): $1.68
Payout Ratio (EPS, TTM)
18.3%
Payout Ratio (FCF, TTM)
23.5%
Dividend CAGR (3Y / 5Y / 10Y)
3Y-6.9%5Y11.1%10Y14.1%
Consecutive Growth Years
1
as of 2025
Years Without a Cut
2
as of 2025
Total Shareholder Yield (TTM)
3.07%
Div 1.15% + Net buyback 1.92%
Growth, streak and CAGR figures exclude special dividends.
Dividend history spans multiple declared currencies (CAD, USD); growth, streak and CAGR figures use the latest constant-currency period (since 1992).
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)
3.1%
Dividends 1.1% + Net buybacks 1.9%
Net Buyback (TTM)
€1.29B
Gross €1.29B − Issuance €0
SBC (TTM)
€234M
Share-based compensation, dilution driver
Net share-count change % / yr
Annual dividend growth
Dividend growth is accelerating (31.2% latest vs 14.0% 3-yr avg).
| Year | DPS (regular sum) | Change | Hikes | |
|---|---|---|---|---|
| 2025 | 0.525 | +31.2% | 2 | |
| 2024 | 0.40 | 0.0% | 0 | |
| 2023 | 0.40 | -38.5% | 0 | |
| 2022 | 0.65 | +80.6% | 2 | |
| 2021 | 0.36 | +16.1% | 0 | |
| 2020 | 0.31 | +138.5% | 3 | |
| 2019 | 0.13 | -31.6% | 1 | |
| 2018 | 0.19 | +58.3% | 1 | |
| 2017 | 0.12 | +50.0% | 1 | |
| 2016 | 0.08 | -42.9% | 0 | |
| 2015 | 0.14 | -30.0% | 0 | |
| 2014 | 0.20 | -60.0% | 0 | |
| 2013 | 0.50 | -33.3% | 0 | |
| 2012 | 0.75 | +47.1% | 1 | |
| 2011 | 0.51 | +15.9% | 1 |
Special dividends are excluded from these figures. Based on 109 regular payments.
Payment history (110 payments · 1 special)
| Δ% | Type | Frequency | Declaration | Record | Pay date | ||
|---|---|---|---|---|---|---|---|
| 2026-02-27 | $0.42 | +140.0% | Cash | quarterly | - | 2026-02-27 | 2026-03-16 |
| 2025-11-28 | $0.175 | +16.7% | Cash | quarterly | - | 2025-11-28 | 2025-12-15 |
| 2025-08-29 | $0.15 | +50.0% | Cash | quarterly | - | 2025-08-29 | 2025-09-15 |
| 2025-05-30 | $0.1 | 0.0% | Cash | quarterly | - | 2025-05-30 | 2025-06-16 |
| 2025-02-28 | $0.1 | 0.0% | Cash | quarterly | - | 2025-02-28 | 2025-03-17 |
| 2024-11-29 | $0.1 | 0.0% | Cash | quarterly | - | 2024-11-29 | 2024-12-16 |
| 2024-08-30 | $0.1 | 0.0% | Cash | quarterly | - | 2024-08-30 | 2024-09-16 |
| 2024-05-31 | $0.1 | 0.0% | Cash | quarterly | - | 2024-05-31 | 2024-06-17 |
| 2024-02-28 | $0.1 | 0.0% | Cash | quarterly | - | 2024-02-29 | 2024-03-15 |
| 2023-11-29 | $0.1 | 0.0% | Cash | quarterly | - | 2023-11-30 | 2023-12-15 |
| 2023-08-30 | $0.1 | 0.0% | Cash | quarterly | - | 2023-08-31 | 2023-09-15 |
| 2023-05-30 | $0.1 | 0.0% | Cash | quarterly | - | 2023-05-31 | 2023-06-15 |
| 2023-02-27 | $0.1 | -33.3% | Cash | quarterly | - | 2023-02-28 | 2023-03-15 |
| 2022-11-29 | $0.15 | -25.0% | Cash | quarterly | - | 2022-11-30 | 2022-12-15 |
| 2022-08-30 | $0.2 | 0.0% | Cash | quarterly | - | 2022-08-31 | 2022-09-15 |
| 2022-05-26 | $0.2 | +100.0% | Cash | quarterly | - | 2022-05-27 | 2022-06-15 |
| 2022-02-25 | $0.1 | +11.1% | Cash | quarterly | - | 2022-02-28 | 2022-03-15 |
| 2021-11-29 | $0.09 | 0.0% | Cash | quarterly | - | 2021-11-30 | 2021-12-15 |
| 2021-08-30 | $0.09 | 0.0% | Cash | quarterly | - | 2021-08-31 | 2021-09-15 |
| 2021-05-27 | $0.09 | 0.0% | Cash | quarterly | - | 2021-05-28 | 2021-06-15 |
| 2021-02-26 | $0.09 | 0.0% | Cash | quarterly | - | 2021-03-01 | 2021-03-15 |
| 2020-11-27 | $0.09 | +12.5% | Cash | quarterly | - | 2020-11-30 | 2020-12-15 |
| 2020-08-28 | $0.08 | +14.3% | Cash | quarterly | - | 2020-08-31 | 2020-09-15 |
| 2020-05-28 | $0.07 | 0.0% | Cash | quarterly | - | 2020-05-29 | 2020-06-15 |
| 2020-02-27 | $0.07 | +40.0% | Cash | quarterly | - | 2020-02-28 | 2020-03-16 |
| 2019-11-28 | $0.05 | +25.0% | Cash | quarterly | - | 2019-11-29 | 2019-12-16 |
| 2019-08-29 | $0.04 | 0.0% | Cash | quarterly | - | 2019-08-30 | 2019-09-16 |
| 2019-05-30 | $0.04 | -42.9% | Cash | quarterly | - | 2019-05-31 | 2019-06-17 |
| 2018-12-27 | $0.07 | +133.3% | Cash | quarterly | - | 2018-12-28 | 2019-01-14 |
| 2018-11-29 | $0.03 | 0.0% | Cash | quarterly | - | 2018-11-30 | 2018-12-17 |
| 2018-08-30 | $0.03 | 0.0% | Cash | quarterly | - | 2018-08-31 | 2018-09-17 |
| 2018-05-30 | $0.03 | 0.0% | Cash | quarterly | - | 2018-05-31 | 2018-06-15 |
| 2018-02-27 | $0.03 | 0.0% | Cash | quarterly | - | 2018-02-28 | 2018-03-15 |
| 2017-11-29 | $0.03 | 0.0% | Cash | quarterly | - | 2017-11-30 | 2017-12-15 |
| 2017-08-29 | $0.03 | 0.0% | Cash | quarterly | - | 2017-08-31 | 2017-09-15 |
| 2017-05-29 | $0.03 | 0.0% | Cash | quarterly | - | 2017-05-31 | 2017-06-15 |
| 2017-02-24 | $0.03 | +50.0% | Cash | quarterly | - | 2017-02-28 | 2017-03-15 |
| 2016-11-28 | $0.02 | 0.0% | Cash | quarterly | - | 2016-11-30 | 2016-12-15 |
| 2016-08-29 | $0.02 | 0.0% | Cash | quarterly | - | 2016-08-31 | 2016-09-15 |
| 2016-05-27 | $0.02 | 0.0% | Cash | quarterly | - | 2016-05-31 | 2016-06-15 |
| 2016-02-25 | $0.02 | 0.0% | Cash | quarterly | - | 2016-02-29 | 2016-03-15 |
| 2015-11-25 | $0.02 | 0.0% | Cash | quarterly | - | 2015-11-30 | 2015-12-15 |
| 2015-08-27 | $0.02 | -60.0% | Cash | quarterly | - | 2015-08-31 | 2015-09-15 |
| 2015-05-27 | $0.05 | 0.0% | Cash | quarterly | - | 2015-05-29 | 2015-06-15 |
| 2015-02-25 | $0.05 | 0.0% | Cash | quarterly | - | 2015-02-27 | 2015-03-16 |
| 2014-11-25 | $0.05 | 0.0% | Cash | quarterly | - | 2014-11-28 | 2014-12-15 |
| 2014-08-27 | $0.05 | 0.0% | Cash | quarterly | - | 2014-08-29 | 2014-09-15 |
| 2014-05-28 | $0.05 | 0.0% | Cash | quarterly | - | 2014-05-30 | 2014-06-16 |
| 2014-02-26 | $0.05 | 0.0% | Cash | quarterly | - | 2014-02-28 | 2014-03-17 |
| 2013-11-27 | $0.05 | 0.0% | Cash | quarterly | - | 2013-11-29 | 2013-12-16 |
| 2013-08-28 | $0.05 | -75.0% | Cash | quarterly | - | 2013-08-30 | 2013-09-16 |
| 2013-05-29 | $0.2 | 0.0% | Cash | quarterly | - | 2013-05-31 | 2013-06-17 |
| 2013-02-26 | $0.2 | 0.0% | Cash | quarterly | - | 2013-02-28 | 2013-03-15 |
| 2012-11-28 | $0.2 | 0.0% | Cash | quarterly | - | 2012-11-30 | 2012-12-17 |
| 2012-08-29 | $0.2 | 0.0% | Cash | quarterly | - | 2012-08-31 | 2012-09-17 |
| 2012-05-29 | $0.2 | +33.3% | Cash | quarterly | - | 2012-05-31 | 2012-06-15 |
| 2012-02-27 | $0.15 | 0.0% | Cash | quarterly | - | 2012-02-29 | 2012-03-15 |
| 2011-11-28 | $0.15 | +25.0% | Cash | quarterly | - | 2011-11-30 | 2011-12-15 |
| 2011-08-29 | $0.12 | 0.0% | Cash | quarterly | - | 2011-08-31 | 2011-09-15 |
| 2011-05-26 | $0.12 | 0.0% | Cash | quarterly | - | 2011-05-31 | 2011-06-15 |
| 2011-02-24 | $0.12 | 0.0% | Cash | quarterly | - | 2011-02-28 | 2011-03-15 |
| 2010-11-26 | $0.12 | 0.0% | Cash | quarterly | - | 2010-11-30 | 2010-12-15 |
| 2010-08-27 | $0.12 | -40.0% | Cash | quarterly | - | 2010-08-31 | 2010-09-15 |
| 2010-05-27 | $0.2 | 0.0% | Cash | quarterly | - | 2010-05-31 | 2010-06-15 |
| 2009-11-26 | $0.2 | 0.0% | Cash | semi-annually | - | 2009-11-30 | 2009-12-15 |
| 2009-05-27 | $0.2 | 0.0% | Cash | semi-annually | - | 2009-05-29 | 2009-06-15 |
| 2008-11-26 | $0.2 | 0.0% | Cash | semi-annually | - | 2008-11-28 | 2008-12-15 |
| 2008-05-28 | $0.2 | +33.3% | Cash | semi-annually | - | 2008-05-30 | 2008-06-16 |
| 2007-11-28 | $0.15 | 0.0% | Cash | semi-annually | - | 2007-11-30 | 2007-12-17 |
| 2007-05-29 | $0.15 | +36.4% | Cash | semi-annually | - | 2007-05-31 | 2007-06-15 |
| 2006-11-28 | $0.11 | 0.0% | Cash | semi-annually | - | 2006-11-30 | 2006-12-15 |
| 2006-05-29 | $0.11 | 0.0% | Cash | semi-annually | - | 2006-05-31 | 2006-06-15 |
| 2005-11-28 | $0.11 | 0.0% | Cash | semi-annually | - | 2005-11-30 | 2005-12-15 |
| 2005-06-01 | $0.11 | 0.0% | Cash | semi-annually | - | 2005-05-31 | 2005-06-15 |
| 2004-11-26 | $0.11 | 0.0% | Cash | semi-annually | - | 2004-11-30 | 2004-12-15 |
| 2004-05-27 | $0.11 | 0.0% | Cash | semi-annually | - | 2004-05-31 | 2004-06-15 |
| 2003-11-27 | $0.11 | 0.0% | Cash | semi-annually | - | 2003-12-01 | 2003-12-15 |
| 2003-05-28 | $0.11 | 0.0% | Cash | semi-annually | - | 2003-05-30 | 2003-06-16 |
| 2002-12-04 | $0.11 | 0.0% | Cash | semi-annually | - | 2002-12-06 | 2002-12-20 |
| 2002-05-29 | $0.11 | 0.0% | Cash | semi-annually | - | 2002-05-31 | 2002-06-14 |
| 2001-11-28 | $0.11 | 0.0% | Cash | semi-annually | - | 2001-11-30 | 2001-12-14 |
| 2001-05-29 | $0.11 | 0.0% | Cash | semi-annually | - | 2001-05-31 | 2001-06-15 |
| 2000-11-28 | $0.11 | 0.0% | Cash | semi-annually | - | 2000-11-30 | 2000-12-15 |
| 2000-05-29 | $0.11 | +10.0% | Cash | semi-annually | - | 2000-05-31 | 2000-06-15 |
| 1999-11-26 | $0.1 | 0.0% | Cash | semi-annually | - | 1999-11-30 | 1999-12-15 |
| 1999-05-26 | $0.1 | +11.1% | Cash | semi-annually | - | 1999-05-31 | 1999-06-15 |
| 1998-11-26 | $0.09 | 0.0% | Cash | semi-annually | - | 1998-11-30 | 1998-12-15 |
| 1998-05-27 | $0.09 | +12.5% | Cash | semi-annually | - | 1998-05-29 | 1998-06-15 |
| 1997-11-26 | $0.08 | 0.0% | Cash | semi-annually | - | 1997-11-28 | 1997-12-15 |
| 1997-05-28 | $0.08 | +14.3% | Cash | semi-annually | - | 1997-05-30 | 1997-06-16 |
| 1996-11-26 | $0.07 | 0.0% | Cash | semi-annually | - | 1996-11-29 | 1996-12-16 |
| 1996-05-29 | $0.07 | +16.7% | Cash | semi-annually | - | 1996-05-31 | 1996-06-14 |
| 1995-11-28 | $0.06 | 0.0% | Cash | semi-annually | - | 1995-11-30 | 1995-12-15 |
| 1995-05-25 | $0.06 | +20.0% | Cash | semi-annually | - | 1995-05-31 | 1995-06-15 |
| 1994-11-23 | $0.05 | 0.0% | Cash | semi-annually | - | 1994-11-30 | 1994-12-15 |
| 1994-05-24 | $0.05 | +25.0% | Cash | semi-annually | - | 1994-05-31 | 1994-06-15 |
| 1993-11-23 | $0.04 | 0.0% | Cash | semi-annually | - | 1993-11-30 | 1993-12-15 |
| 1993-05-24 | $0.04 | -38.5% | Cash | semi-annually | - | 1993-05-31 | 1993-06-15 |
| 1992-11-23 | $0.065 | 0.0% | Cash | semi-annually | - | 1992-11-30 | 1992-12-15 |
| 1992-05-22 | $0.065 | – | Cash | semi-annually | - | 1992-05-29 | 1992-06-15 |
| 1991-12-24 | CAD 0.025 | – | Special | — | - | 1991-12-31 | 1992-01-15 |
| 1991-11-25 | CAD 0.05 | 0.0% | Cash | semi-annually | - | 1991-12-02 | 1991-12-16 |
| 1991-05-24 | CAD 0.05 | 0.0% | Cash | semi-annually | - | 1991-05-31 | 1991-06-14 |
| 1990-11-26 | CAD 0.05 | 0.0% | Cash | semi-annually | - | 1990-11-30 | 1990-12-17 |
| 1990-05-24 | CAD 0.05 | -33.3% | Cash | semi-annually | - | 1990-05-31 | 1990-06-15 |
| 1989-11-24 | CAD 0.075 | 0.0% | Cash | semi-annually | - | 1989-11-30 | 1989-12-15 |
| 1989-05-24 | CAD 0.075 | +50.0% | Cash | semi-annually | - | 1989-05-31 | 1989-06-15 |
| 1988-11-24 | CAD 0.05 | 0.0% | Cash | semi-annually | - | 1988-11-30 | 1988-12-15 |
| 1988-05-25 | CAD 0.05 | 0.0% | Cash | semi-annually | - | 1988-05-31 | 1988-06-15 |
| 1987-11-24 | CAD 0.05 | – | Cash | semi-annually | - | 1987-11-30 | 1987-12-15 |
Amounts are in the declared currency; the listing currency is EUR.
No splits on record.