Dividend Yield (TTM)
0.57%
vs 5Y avg 1.11% · 10Y avg 1.28% · price: vendor quote
Dividend Yield (Forward)
1.23%
4 payments/yr (spacing)
Dividends / Share (TTM)
$1.77
Forward (annualized): $3.80
Payout Ratio (EPS, TTM)
21.3%
Payout Ratio (FCF, TTM)
14.3%
Dividend CAGR (3Y / 5Y / 10Y)
3Y16.7%5Y12.9%10Y11.1%
Consecutive Growth Years
4
as of 2025
Years Without a Cut
14
as of 2025
Total Shareholder Yield (TTM)
3.80%
Div 1.08% + Net buyback 2.72%
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.
Capital returns
Net buybacks = repurchases − stock issuance, fiscal-year cash flows. SBC shown for dilution context.
Total Shareholder Yield (TTM)
3.8%
Dividends 1.1% + Net buybacks 2.7%
Net Buyback (TTM)
€5.01B
Gross €5.06B − Issuance €50M
SBC (TTM)
€483M
Share-based compensation, dilution driver
Net share-count change % / yr
Annual dividend growth
Dividend growth is accelerating (17.0% latest vs 16.2% 3-yr avg).
| Year | DPS (regular sum, USD) | Change | Hikes | |
|---|---|---|---|---|
| 2025 | 3.16 | +17.0% | 1 | |
| 2024 | 2.70 | +16.4% | 1 | |
| 2023 | 2.32 | +16.6% | 1 | |
| 2022 | 1.99 | +15.7% | 1 | |
| 2021 | 1.72 | 0.0% | 0 | |
| 2020 | 1.72 | +7.5% | 0 | |
| 2019 | 1.60 | +11.1% | 1 | |
| 2018 | 1.44 | +9.9% | 1 | |
| 2017 | 1.31 | +10.1% | 1 | |
| 2016 | 1.19 | +8.2% | 1 | |
| 2015 | 1.10 | +12.2% | 1 | |
| 2014 | 0.98 | +14.0% | 1 | |
| 2013 | 0.86 | +10.3% | 1 | |
| 2012 | 0.78 | +8.3% | 1 | |
| 2011 | 0.72 | -20.0% | 0 |
Special dividends are excluded from these figures. Based on 149 regular payments.
Payment history (149 payments)
| Δ% | Type | Frequency | Declaration | Record | Pay date | ||
|---|---|---|---|---|---|---|---|
| 2026-04-02 | $0.95 | +15.9% | Cash | quarterly | - | 2026-04-03 | 2026-05-08 |
| 2026-01-02 | $0.82 | 0.0% | Cash | quarterly | - | 2026-01-02 | 2026-02-10 |
| 2025-10-10 | $0.82 | 0.0% | Cash | quarterly | - | 2025-10-10 | 2025-11-10 |
| 2025-07-03 | $0.82 | 0.0% | Cash | quarterly | - | 2025-07-03 | 2025-08-08 |
| 2025-04-04 | $0.82 | +17.1% | Cash | quarterly | - | 2025-04-04 | 2025-05-09 |
| 2025-01-03 | $0.7 | 0.0% | Cash | quarterly | - | 2025-01-03 | 2025-02-10 |
| 2024-10-04 | $0.7 | 0.0% | Cash | quarterly | - | 2024-10-04 | 2024-11-08 |
| 2024-07-05 | $0.7 | 0.0% | Cash | quarterly | - | 2024-07-05 | 2024-08-09 |
| 2024-04-04 | $0.7 | +16.7% | Cash | quarterly | - | 2024-04-05 | 2024-05-10 |
| 2024-01-04 | $0.6 | 0.0% | Cash | quarterly | - | 2024-01-05 | 2024-02-09 |
| 2023-10-05 | $0.6 | 0.0% | Cash | quarterly | - | 2023-10-06 | 2023-11-10 |
| 2023-07-06 | $0.6 | 0.0% | Cash | quarterly | - | 2023-07-07 | 2023-08-10 |
| 2023-04-05 | $0.6 | +15.4% | Cash | quarterly | - | 2023-04-07 | 2023-05-10 |
| 2023-01-05 | $0.52 | 0.0% | Cash | quarterly | - | 2023-01-06 | 2023-02-10 |
| 2022-10-13 | $0.52 | 0.0% | Cash | quarterly | - | 2022-10-14 | 2022-11-10 |
| 2022-06-30 | $0.52 | 0.0% | Cash | quarterly | - | 2022-07-01 | 2022-08-10 |
| 2022-04-07 | $0.52 | +20.9% | Cash | quarterly | - | 2022-04-08 | 2022-05-10 |
| 2022-01-06 | $0.43 | 0.0% | Cash | quarterly | - | 2022-01-07 | 2022-02-10 |
| 2021-10-07 | $0.43 | 0.0% | Cash | quarterly | - | 2021-10-08 | 2021-11-10 |
| 2021-07-01 | $0.43 | 0.0% | Cash | quarterly | - | 2021-07-02 | 2021-08-10 |
| 2021-03-31 | $0.43 | 0.0% | Cash | quarterly | - | 2021-04-02 | 2021-05-10 |
| 2021-01-07 | $0.43 | 0.0% | Cash | quarterly | - | 2021-01-08 | 2021-02-10 |
| 2020-10-08 | $0.43 | 0.0% | Cash | quarterly | - | 2020-10-09 | 2020-11-10 |
| 2020-07-01 | $0.43 | 0.0% | Cash | quarterly | - | 2020-07-02 | 2020-08-10 |
| 2020-04-02 | $0.43 | 0.0% | Cash | quarterly | - | 2020-04-03 | 2020-05-08 |
| 2020-01-02 | $0.43 | 0.0% | Cash | quarterly | - | 2020-01-03 | 2020-02-10 |
| 2019-10-03 | $0.43 | +10.3% | Cash | quarterly | - | 2019-10-04 | 2019-11-08 |
| 2019-07-03 | $0.39 | 0.0% | Cash | quarterly | - | 2019-07-05 | 2019-08-09 |
| 2019-04-04 | $0.39 | 0.0% | Cash | quarterly | - | 2019-04-05 | 2019-05-10 |
| 2019-01-03 | $0.39 | 0.0% | Cash | quarterly | - | 2019-01-04 | 2019-02-08 |
| 2018-10-04 | $0.39 | +11.4% | Cash | quarterly | - | 2018-10-05 | 2018-11-09 |
| 2018-07-05 | $0.35 | 0.0% | Cash | quarterly | - | 2018-07-06 | 2018-08-10 |
| 2018-04-05 | $0.35 | 0.0% | Cash | quarterly | - | 2018-04-06 | 2018-05-10 |
| 2018-01-04 | $0.35 | 0.0% | Cash | quarterly | - | 2018-01-05 | 2018-02-09 |
| 2017-10-05 | $0.35 | +9.4% | Cash | quarterly | - | 2017-10-06 | 2017-11-10 |
| 2017-07-05 | $0.32 | 0.0% | Cash | quarterly | - | 2017-07-07 | 2017-08-10 |
| 2017-04-05 | $0.32 | 0.0% | Cash | quarterly | - | 2017-04-07 | 2017-05-10 |
| 2017-01-04 | $0.32 | 0.0% | Cash | quarterly | - | 2017-01-06 | 2017-02-10 |
| 2016-10-05 | $0.32 | +10.3% | Cash | quarterly | - | 2016-10-07 | 2016-11-10 |
| 2016-06-29 | $0.29 | 0.0% | Cash | quarterly | - | 2016-07-01 | 2016-08-10 |
| 2016-04-06 | $0.29 | 0.0% | Cash | quarterly | - | 2016-04-08 | 2016-05-10 |
| 2016-01-06 | $0.29 | 0.0% | Cash | quarterly | - | 2016-01-08 | 2016-02-10 |
| 2015-10-07 | $0.29 | 0.0% | Cash | quarterly | - | 2015-10-09 | 2015-11-10 |
| 2015-06-30 | $0.29 | +11.5% | Cash | quarterly | - | 2015-07-02 | 2015-08-10 |
| 2015-03-31 | $0.26 | 0.0% | Cash | quarterly | - | 2015-04-02 | 2015-05-08 |
| 2015-01-07 | $0.26 | 0.0% | Cash | quarterly | - | 2015-01-09 | 2015-02-10 |
| 2014-10-01 | $0.26 | 0.0% | Cash | quarterly | - | 2014-10-03 | 2014-11-10 |
| 2014-07-09 | $0.26 | +13.0% | Cash | quarterly | - | 2014-07-11 | 2014-08-08 |
| 2014-04-02 | $0.23 | 0.0% | Cash | quarterly | - | 2014-04-04 | 2014-05-09 |
| 2014-01-08 | $0.23 | 0.0% | Cash | quarterly | - | 2014-01-10 | 2014-02-10 |
| 2013-10-02 | $0.23 | 0.0% | Cash | quarterly | - | 2013-10-04 | 2013-11-08 |
| 2013-07-02 | $0.23 | +15.0% | Cash | quarterly | - | 2013-07-05 | 2013-08-09 |
| 2013-04-03 | $0.2 | 0.0% | Cash | quarterly | - | 2013-04-05 | 2013-05-10 |
| 2013-01-02 | $0.2 | 0.0% | Cash | quarterly | - | 2013-01-04 | 2013-02-08 |
| 2012-10-03 | $0.2 | 0.0% | Cash | quarterly | - | 2012-10-05 | 2012-11-09 |
| 2012-07-03 | $0.2 | 0.0% | Cash | quarterly | - | 2012-07-06 | 2012-08-10 |
| 2012-04-03 | $0.2 | +11.1% | Cash | quarterly | - | 2012-04-05 | 2012-05-10 |
| 2012-01-04 | $0.18 | 0.0% | Cash | quarterly | - | 2012-01-06 | 2012-02-10 |
| 2011-10-05 | $0.18 | 0.0% | Cash | quarterly | - | 2011-10-07 | 2011-11-10 |
| 2011-06-29 | $0.18 | 0.0% | Cash | quarterly | - | 2011-07-01 | 2011-08-10 |
| 2011-04-06 | $0.18 | 0.0% | Cash | quarterly | - | 2011-04-08 | 2011-05-10 |
| 2011-01-05 | $0.18 | 0.0% | Cash | quarterly | - | 2011-01-07 | 2011-02-10 |
| 2010-10-06 | $0.18 | 0.0% | Cash | quarterly | - | 2010-10-08 | 2010-11-10 |
| 2010-07-05 | $0.18 | 0.0% | Cash | annual | - | 2010-07-02 | 2010-08-10 |
| 2010-06-30 | $0.18 | 0.0% | Cash | quarterly | - | 2010-07-02 | 2010-08-10 |
| 2010-03-30 | $0.18 | 0.0% | Cash | quarterly | - | 2010-04-01 | 2010-05-10 |
| 2010-01-07 | $0.18 | 0.0% | Cash | quarterly | - | 2010-01-11 | 2010-02-10 |
| 2009-09-30 | $0.18 | 0.0% | Cash | quarterly | - | 2009-10-02 | 2009-11-10 |
| 2009-06-30 | $0.18 | 0.0% | Cash | quarterly | - | 2009-07-02 | 2009-08-10 |
| 2009-04-01 | $0.18 | 0.0% | Cash | quarterly | - | 2009-04-03 | 2009-05-08 |
| 2009-01-07 | $0.18 | 0.0% | Cash | quarterly | - | 2009-01-09 | 2009-02-10 |
| 2008-10-01 | $0.18 | 0.0% | Cash | quarterly | - | 2008-10-03 | 2008-11-10 |
| 2008-07-09 | $0.18 | 0.0% | Cash | quarterly | - | 2008-07-11 | 2008-08-08 |
| 2008-04-09 | $0.18 | 0.0% | Cash | quarterly | - | 2008-04-11 | 2008-05-09 |
| 2008-01-02 | $0.18 | +20.0% | Cash | quarterly | - | 2008-01-04 | 2008-02-08 |
| 2007-10-03 | $0.15 | 0.0% | Cash | quarterly | - | 2007-10-05 | 2007-11-09 |
| 2007-07-03 | $0.15 | 0.0% | Cash | quarterly | - | 2007-07-06 | 2007-08-10 |
| 2007-04-03 | $0.15 | 0.0% | Cash | quarterly | - | 2007-04-05 | 2007-05-10 |
| 2007-01-03 | $0.15 | 0.0% | Cash | quarterly | - | 2007-01-05 | 2007-02-09 |
| 2006-10-04 | $0.15 | 0.0% | Cash | quarterly | - | 2006-10-06 | 2006-11-10 |
| 2006-07-05 | $0.15 | +25.0% | Cash | quarterly | - | 2006-07-07 | 2006-08-10 |
| 2006-04-05 | $0.12 | 0.0% | Cash | quarterly | - | 2006-04-07 | 2006-05-10 |
| 2006-01-04 | $0.12 | 0.0% | Cash | quarterly | - | 2006-01-06 | 2006-02-10 |
| 2005-10-05 | $0.12 | 0.0% | Cash | quarterly | - | 2005-10-07 | 2005-11-10 |
| 2005-06-29 | $0.12 | 0.0% | Cash | quarterly | - | 2005-07-01 | 2005-08-10 |
| 2005-03-30 | $0.12 | 0.0% | Cash | quarterly | - | 2005-04-01 | 2005-05-10 |
| 2005-01-05 | $0.12 | 0.0% | Cash | quarterly | - | 2005-01-07 | 2005-02-10 |
| 2004-10-06 | $0.12 | +20.0% | Cash | quarterly | - | 2004-10-08 | 2004-11-10 |
| 2004-06-30 | $0.1 | 0.0% | Cash | quarterly | - | 2004-07-02 | 2004-08-10 |
| 2004-03-31 | $0.1 | 0.0% | Cash | quarterly | - | 2004-04-02 | 2004-05-10 |
| 2003-12-30 | $0.1 | 0.0% | Cash | quarterly | - | 2004-01-02 | 2004-02-10 |
| 2003-10-01 | $0.1 | 0.0% | Cash | quarterly | - | 2003-10-03 | 2003-11-10 |
| 2003-07-01 | $0.1 | +25.0% | Cash | quarterly | - | 2003-07-03 | 2003-08-08 |
| 2003-04-02 | $0.08 | 0.0% | Cash | quarterly | - | 2003-04-04 | 2003-05-09 |
| 2002-12-31 | $0.08 | 0.0% | Cash | quarterly | - | 2003-01-03 | 2003-02-10 |
| 2002-10-02 | $0.08 | 0.0% | Cash | quarterly | - | 2002-10-04 | 2002-11-08 |
| 2002-07-02 | $0.08 | 0.0% | Cash | quarterly | - | 2002-07-05 | 2002-08-09 |
| 2002-04-03 | $0.08 | 0.0% | Cash | quarterly | - | 2002-04-05 | 2002-05-10 |
| 2002-01-02 | $0.08 | 0.0% | Cash | quarterly | - | 2002-01-04 | 2002-02-08 |
| 2001-10-03 | $0.08 | 0.0% | Cash | quarterly | - | 2001-10-05 | 2001-11-09 |
| 2001-07-03 | $0.08 | 0.0% | Cash | quarterly | - | 2001-07-06 | 2001-08-10 |
| 2001-04-04 | $0.08 | 0.0% | Cash | quarterly | - | 2001-04-06 | 2001-05-10 |
| 2001-01-03 | $0.08 | 0.0% | Cash | quarterly | - | 2001-01-05 | 2001-02-09 |
| 2000-10-04 | $0.08 | 0.0% | Cash | quarterly | - | 2000-10-06 | 2000-11-10 |
| 2000-07-05 | $0.08 | 0.0% | Cash | quarterly | - | 2000-07-07 | 2000-08-10 |
| 2000-04-20 | $0.08 | -64.4% | Cash | quarterly | - | 2000-04-25 | 2000-05-10 |
| 2000-01-05 | $0.225 | 0.0% | Cash | quarterly | - | 2000-01-07 | 2000-02-10 |
| 1999-10-06 | $0.225 | 0.0% | Cash | quarterly | - | 1999-10-08 | 1999-11-10 |
| 1999-06-30 | $0.225 | 0.0% | Cash | quarterly | - | 1999-07-02 | 1999-08-10 |
| 1999-03-30 | $0.225 | 0.0% | Cash | quarterly | - | 1999-04-01 | 1999-05-10 |
| 1999-01-06 | $0.225 | 0.0% | Cash | quarterly | - | 1999-01-08 | 1999-02-10 |
| 1998-10-07 | $0.225 | 0.0% | Cash | quarterly | - | 1998-10-09 | 1998-11-10 |
| 1998-06-30 | $0.225 | 0.0% | Cash | quarterly | - | 1998-07-03 | 1998-08-10 |
| 1998-04-07 | $0.225 | 0.0% | Cash | quarterly | - | 1998-04-09 | 1998-05-08 |
| 1997-12-30 | $0.225 | 0.0% | Cash | quarterly | - | 1998-01-02 | 1998-02-10 |
| 1997-10-01 | $0.225 | 0.0% | Cash | quarterly | - | 1997-10-03 | 1997-11-10 |
| 1997-07-01 | $0.225 | 0.0% | Cash | quarterly | - | 1997-07-03 | 1997-08-08 |
| 1997-04-02 | $0.225 | 0.0% | Cash | quarterly | - | 1997-04-04 | 1997-05-09 |
| 1996-12-31 | $0.225 | 0.0% | Cash | quarterly | - | 1997-01-03 | 1997-02-10 |
| 1996-10-09 | $0.225 | 0.0% | Cash | quarterly | - | 1996-10-11 | 1996-11-08 |
| 1996-07-02 | $0.225 | 0.0% | Cash | quarterly | - | 1996-07-05 | 1996-08-09 |
| 1996-04-02 | $0.225 | 0.0% | Cash | quarterly | - | 1996-04-05 | 1996-05-10 |
| 1996-01-03 | $0.225 | 0.0% | Cash | quarterly | - | 1996-01-05 | 1996-02-09 |
| 1995-10-11 | $0.225 | 0.0% | Cash | quarterly | - | 1995-10-13 | 1995-11-10 |
| 1995-07-05 | $0.225 | 0.0% | Cash | quarterly | - | 1995-07-07 | 1995-08-10 |
| 1995-04-03 | $0.225 | 0.0% | Cash | quarterly | - | 1995-04-07 | 1995-05-10 |
| 1994-12-30 | $0.225 | 0.0% | Cash | quarterly | - | 1995-01-06 | 1995-02-10 |
| 1994-10-03 | $0.225 | 0.0% | Cash | quarterly | - | 1994-10-07 | 1994-11-10 |
| 1994-07-01 | $0.225 | -10.0% | Cash | quarterly | - | 1994-07-08 | 1994-08-10 |
| 1994-04-04 | $0.25 | 0.0% | Cash | quarterly | - | 1994-04-08 | 1994-05-10 |
| 1994-01-03 | $0.25 | 0.0% | Cash | quarterly | - | 1994-01-07 | 1994-02-10 |
| 1993-10-04 | $0.25 | 0.0% | Cash | quarterly | - | 1993-10-08 | 1993-11-10 |
| 1993-07-02 | $0.25 | 0.0% | Cash | quarterly | - | 1993-07-09 | 1993-08-10 |
| 1993-03-29 | $0.25 | 0.0% | Cash | quarterly | - | 1993-04-02 | 1993-05-10 |
| 1993-01-04 | $0.25 | 0.0% | Cash | quarterly | - | 1993-01-08 | 1993-02-10 |
| 1992-09-28 | $0.25 | 0.0% | Cash | quarterly | - | 1992-10-02 | 1992-11-10 |
| 1992-06-26 | $0.25 | 0.0% | Cash | quarterly | - | 1992-07-03 | 1992-08-10 |
| 1992-03-30 | $0.25 | 0.0% | Cash | quarterly | - | 1992-04-03 | 1992-05-08 |
| 1991-12-27 | $0.25 | 0.0% | Cash | quarterly | - | 1992-01-03 | 1992-02-10 |
| 1991-09-30 | $0.25 | +8.7% | Cash | quarterly | - | 1991-10-04 | 1991-11-08 |
| 1991-06-28 | $0.23 | 0.0% | Cash | quarterly | - | 1991-07-05 | 1991-08-09 |
| 1991-04-01 | $0.23 | 0.0% | Cash | quarterly | - | 1991-04-05 | 1991-05-10 |
| 1990-12-28 | $0.23 | 0.0% | Cash | quarterly | - | 1991-01-04 | 1991-02-08 |
| 1990-10-01 | $0.23 | 0.0% | Cash | quarterly | - | 1990-10-05 | 1990-11-09 |
| 1990-06-29 | $0.23 | 0.0% | Cash | quarterly | - | 1990-07-06 | 1990-08-10 |
| 1990-04-02 | $0.23 | 0.0% | Cash | quarterly | - | 1990-04-06 | 1990-05-10 |
| 1989-12-29 | $0.23 | +9.5% | Cash | quarterly | - | 1990-01-05 | 1990-02-09 |
| 1989-10-02 | $0.21 | 0.0% | Cash | quarterly | - | 1989-10-06 | 1989-11-10 |
| 1989-06-30 | $0.21 | – | Cash | quarterly | - | 1989-07-07 | 1989-08-10 |
Amounts are in the declared currency; the listing currency is EUR.
No splits on record.