Dividend Yield (TTM)
0.54%
vs 5Y avg 1.25% · 10Y avg 1.49% · price: vendor quote
Dividend Yield (Forward)
1.09%
4 payments/yr (spacing)
Dividends / Share (TTM)
$3.24
Forward (annualized): $6.48
Payout Ratio (EPS, TTM)
36.3%
Payout Ratio (FCF, TTM)
49.0%
Dividend CAGR (3Y / 5Y / 10Y)
3Y12.8%5Y16.3%10Y10.4%
Consecutive Growth Years
1
as of 2025
Years Without a Cut
1
as of 2025
Total Shareholder Yield (TTM)
1.74%
Div 1.11% + Net buyback 0.63%
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)
1.7%
Dividends 1.1% + Net buybacks 0.6%
Net Buyback (TTM)
€867M
Gross €867M − Issuance €0
SBC (TTM)
€141M
Share-based compensation, dilution driver
Net share-count change % / yr
Annual dividend growth
Dividend growth is accelerating (46.9% latest vs 5.5% 3-yr avg).
| Year | DPS (regular sum, USD) | Change | Hikes | |
|---|---|---|---|---|
| 2025 | 6.48 | +46.9% | 1 | |
| 2024 | 4.41 | -17.1% | 0 | |
| 2023 | 5.32 | +18.0% | 3 | |
| 2022 | 4.51 | +15.6% | 2 | |
| 2021 | 3.90 | +28.3% | 2 | |
| 2020 | 3.04 | 0.0% | 0 | |
| 2019 | 3.04 | +10.9% | 0 | |
| 2018 | 2.74 | +14.2% | 2 | |
| 2017 | 2.40 | 0.0% | 0 | |
| 2016 | 2.40 | 0.0% | 0 | |
| 2015 | 2.40 | +3.9% | 0 | |
| 2014 | 2.31 | +13.2% | 1 | |
| 2013 | 2.04 | +10.9% | 1 | |
| 2012 | 1.84 | +16.5% | 1 | |
| 2011 | 1.58 | +28.5% | 1 |
Special dividends are excluded from these figures. Based on 147 regular payments.
Payment history (147 payments)
| Δ% | Type | Frequency | Declaration | Record | Pay date | ||
|---|---|---|---|---|---|---|---|
| 2026-03-31 | $1.62 | 0.0% | Cash | quarterly | - | 2026-03-31 | 2026-05-08 |
| 2026-01-02 | $1.62 | 0.0% | Cash | quarterly | - | 2025-12-31 | 2026-02-09 |
| 2025-09-30 | $1.62 | 0.0% | Cash | quarterly | - | 2025-09-30 | 2025-11-10 |
| 2025-06-30 | $1.62 | 0.0% | Cash | quarterly | - | 2025-06-30 | 2025-08-08 |
| 2025-03-31 | $1.62 | 0.0% | Cash | quarterly | - | 2025-03-31 | 2025-05-08 |
| 2025-01-02 | $1.62 | +10.2% | Cash | quarterly | - | 2024-12-31 | 2025-02-10 |
| 2024-09-30 | $1.47 | 0.0% | Cash | quarterly | - | 2024-09-30 | 2024-11-08 |
| 2024-06-28 | $1.47 | 0.0% | Cash | quarterly | - | 2024-06-28 | 2024-08-08 |
| 2024-03-27 | $1.47 | 0.0% | Cash | quarterly | - | 2024-03-29 | 2024-05-08 |
| 2023-12-28 | $1.47 | +8.9% | Cash | quarterly | - | 2023-12-29 | 2024-02-08 |
| 2023-09-28 | $1.35 | +8.0% | Cash | quarterly | - | 2023-09-29 | 2023-11-08 |
| 2023-06-29 | $1.25 | 0.0% | Cash | quarterly | - | 2023-06-30 | 2023-08-08 |
| 2023-03-30 | $1.25 | +4.2% | Cash | quarterly | - | 2023-03-31 | 2023-05-08 |
| 2022-12-29 | $1.2 | +6.2% | Cash | quarterly | - | 2022-12-30 | 2023-02-08 |
| 2022-09-29 | $1.13 | 0.0% | Cash | quarterly | - | 2022-09-30 | 2022-11-08 |
| 2022-06-29 | $1.13 | +7.6% | Cash | quarterly | - | 2022-06-30 | 2022-08-08 |
| 2022-03-30 | $1.05 | 0.0% | Cash | quarterly | - | 2022-03-31 | 2022-05-09 |
| 2021-12-30 | $1.05 | 0.0% | Cash | quarterly | - | 2021-12-31 | 2022-02-08 |
| 2021-09-29 | $1.05 | +16.7% | Cash | quarterly | - | 2021-09-30 | 2021-11-08 |
| 2021-06-29 | $0.9 | 0.0% | Cash | quarterly | - | 2021-06-30 | 2021-08-09 |
| 2021-03-30 | $0.9 | +18.4% | Cash | quarterly | - | 2021-03-31 | 2021-05-10 |
| 2020-12-30 | $0.76 | 0.0% | Cash | quarterly | - | 2020-12-31 | 2021-02-08 |
| 2020-09-29 | $0.76 | 0.0% | Cash | quarterly | - | 2020-09-30 | 2020-11-09 |
| 2020-06-29 | $0.76 | 0.0% | Cash | quarterly | - | 2020-06-30 | 2020-08-10 |
| 2020-03-30 | $0.76 | 0.0% | Cash | quarterly | - | 2020-03-31 | 2020-05-08 |
| 2019-12-30 | $0.76 | 0.0% | Cash | quarterly | - | 2019-12-31 | 2020-02-10 |
| 2019-09-27 | $0.76 | 0.0% | Cash | quarterly | - | 2019-09-30 | 2019-11-08 |
| 2019-06-27 | $0.76 | 0.0% | Cash | quarterly | - | 2019-06-28 | 2019-08-01 |
| 2019-03-28 | $0.76 | 0.0% | Cash | quarterly | - | 2019-03-29 | 2019-05-01 |
| 2018-12-28 | $0.76 | +10.1% | Cash | quarterly | - | 2018-12-31 | 2019-02-01 |
| 2018-09-27 | $0.69 | 0.0% | Cash | quarterly | - | 2018-09-28 | 2018-11-01 |
| 2018-06-28 | $0.69 | +15.0% | Cash | quarterly | - | 2018-06-29 | 2018-08-01 |
| 2018-03-28 | $0.6 | 0.0% | Cash | quarterly | - | 2018-03-29 | 2018-05-01 |
| 2017-12-28 | $0.6 | 0.0% | Cash | quarterly | - | 2017-12-29 | 2018-02-01 |
| 2017-09-28 | $0.6 | 0.0% | Cash | quarterly | - | 2017-09-29 | 2017-11-01 |
| 2017-06-28 | $0.6 | 0.0% | Cash | quarterly | - | 2017-06-30 | 2017-08-01 |
| 2017-03-29 | $0.6 | 0.0% | Cash | quarterly | - | 2017-03-31 | 2017-05-01 |
| 2016-12-28 | $0.6 | 0.0% | Cash | quarterly | - | 2016-12-30 | 2017-02-01 |
| 2016-09-28 | $0.6 | 0.0% | Cash | quarterly | - | 2016-09-30 | 2016-11-01 |
| 2016-06-28 | $0.6 | 0.0% | Cash | quarterly | - | 2016-06-30 | 2016-08-01 |
| 2016-03-29 | $0.6 | 0.0% | Cash | quarterly | - | 2016-03-31 | 2016-05-02 |
| 2015-12-29 | $0.6 | 0.0% | Cash | quarterly | - | 2015-12-31 | 2016-02-01 |
| 2015-09-28 | $0.6 | 0.0% | Cash | quarterly | - | 2015-09-30 | 2015-11-02 |
| 2015-06-26 | $0.6 | 0.0% | Cash | quarterly | - | 2015-06-30 | 2015-08-03 |
| 2015-03-27 | $0.6 | 0.0% | Cash | quarterly | - | 2015-03-31 | 2015-05-01 |
| 2014-12-29 | $0.6 | 0.0% | Cash | quarterly | - | 2014-12-31 | 2015-02-02 |
| 2014-09-26 | $0.6 | 0.0% | Cash | quarterly | - | 2014-09-30 | 2014-11-03 |
| 2014-06-26 | $0.6 | +17.6% | Cash | quarterly | - | 2014-06-30 | 2014-08-01 |
| 2014-03-27 | $0.51 | 0.0% | Cash | quarterly | - | 2014-03-31 | 2014-05-01 |
| 2013-12-27 | $0.51 | 0.0% | Cash | quarterly | - | 2014-01-02 | 2014-02-03 |
| 2013-09-26 | $0.51 | 0.0% | Cash | quarterly | - | 2013-09-30 | 2013-11-01 |
| 2013-06-26 | $0.51 | 0.0% | Cash | quarterly | - | 2013-06-28 | 2013-08-01 |
| 2013-03-26 | $0.51 | +10.9% | Cash | quarterly | - | 2013-03-28 | 2013-05-01 |
| 2012-12-27 | $0.46 | 0.0% | Cash | quarterly | - | 2012-12-31 | 2013-02-01 |
| 2012-09-26 | $0.46 | 0.0% | Cash | quarterly | - | 2012-09-28 | 2012-11-01 |
| 2012-06-27 | $0.46 | 0.0% | Cash | quarterly | - | 2012-06-29 | 2012-08-01 |
| 2012-03-28 | $0.46 | +12.2% | Cash | quarterly | - | 2012-03-30 | 2012-05-01 |
| 2011-12-28 | $0.41 | 0.0% | Cash | quarterly | - | 2011-12-30 | 2012-02-01 |
| 2011-09-28 | $0.41 | 0.0% | Cash | quarterly | - | 2011-09-30 | 2011-11-01 |
| 2011-06-28 | $0.41 | +17.1% | Cash | quarterly | - | 2011-06-30 | 2011-08-01 |
| 2011-03-29 | $0.35 | 0.0% | Cash | quarterly | - | 2011-03-31 | 2011-05-02 |
| 2010-12-29 | $0.35 | +16.7% | Cash | quarterly | - | 2010-12-31 | 2011-02-01 |
| 2010-09-28 | $0.3 | 0.0% | Cash | quarterly | - | 2010-09-30 | 2010-11-01 |
| 2010-06-28 | $0.3 | +7.1% | Cash | annual | - | 2010-06-30 | 2010-08-02 |
| 2010-03-29 | $0.28 | 0.0% | Cash | quarterly | - | 2010-03-31 | 2010-05-03 |
| 2009-12-29 | $0.28 | 0.0% | Cash | quarterly | - | 2009-12-31 | 2010-02-01 |
| 2009-09-28 | $0.28 | 0.0% | Cash | quarterly | - | 2009-09-30 | 2009-11-02 |
| 2009-06-26 | $0.28 | 0.0% | Cash | quarterly | - | 2009-06-30 | 2009-08-03 |
| 2009-03-27 | $0.28 | 0.0% | Cash | quarterly | - | 2009-03-31 | 2009-05-01 |
| 2008-12-29 | $0.28 | 0.0% | Cash | quarterly | - | 2008-12-31 | 2009-02-02 |
| 2008-09-26 | $0.28 | 0.0% | Cash | quarterly | - | 2008-09-30 | 2008-11-03 |
| 2008-06-26 | $0.28 | +12.0% | Cash | quarterly | - | 2008-06-30 | 2008-08-01 |
| 2008-03-27 | $0.25 | 0.0% | Cash | quarterly | - | 2008-03-31 | 2008-05-01 |
| 2007-12-27 | $0.25 | -50.0% | Cash | quarterly | - | 2007-12-31 | 2008-02-01 |
| 2007-09-26 | $0.5 | +13.6% | Cash | quarterly | - | 2007-09-28 | 2007-11-01 |
| 2007-06-27 | $0.44 | 0.0% | Cash | quarterly | - | 2007-06-30 | 2007-08-01 |
| 2007-03-28 | $0.44 | 0.0% | Cash | quarterly | - | 2007-03-31 | 2007-05-01 |
| 2006-12-27 | $0.44 | +12.8% | Cash | quarterly | - | 2006-12-31 | 2007-02-01 |
| 2006-09-27 | $0.39 | 0.0% | Cash | quarterly | - | 2006-09-30 | 2006-11-01 |
| 2006-06-28 | $0.39 | 0.0% | Cash | quarterly | - | 2006-06-30 | 2006-08-01 |
| 2006-03-29 | $0.39 | 0.0% | Cash | quarterly | - | 2006-03-31 | 2006-05-01 |
| 2005-12-28 | $0.39 | +25.8% | Cash | quarterly | - | 2005-12-31 | 2006-02-01 |
| 2005-09-28 | $0.31 | 0.0% | Cash | quarterly | - | 2005-09-30 | 2005-11-01 |
| 2005-06-28 | $0.31 | 0.0% | Cash | quarterly | - | 2005-06-30 | 2005-08-01 |
| 2005-03-29 | $0.31 | +10.7% | Cash | quarterly | - | 2005-03-31 | 2005-05-02 |
| 2004-12-29 | $0.28 | 0.0% | Cash | quarterly | - | 2004-12-31 | 2005-02-01 |
| 2004-09-28 | $0.28 | 0.0% | Cash | quarterly | - | 2004-09-30 | 2004-11-01 |
| 2004-06-28 | $0.28 | 0.0% | Cash | quarterly | - | 2004-06-30 | 2004-08-02 |
| 2004-03-29 | $0.28 | +27.3% | Cash | quarterly | - | 2004-03-31 | 2004-05-03 |
| 2003-12-29 | $0.22 | 0.0% | Cash | quarterly | - | 2003-12-31 | 2004-02-02 |
| 2003-09-26 | $0.22 | 0.0% | Cash | quarterly | - | 2003-09-30 | 2003-11-01 |
| 2003-06-26 | $0.22 | 0.0% | Cash | quarterly | - | 2003-06-30 | 2003-08-01 |
| 2003-03-27 | $0.22 | 0.0% | Cash | quarterly | - | 2003-03-31 | 2003-05-01 |
| 2002-12-27 | $0.22 | 0.0% | Cash | quarterly | - | 2002-12-31 | 2003-02-01 |
| 2002-09-26 | $0.22 | 0.0% | Cash | quarterly | - | 2002-09-30 | 2002-11-01 |
| 2002-06-26 | $0.22 | 0.0% | Cash | quarterly | - | 2002-06-30 | 2002-08-01 |
| 2002-03-26 | $0.22 | 0.0% | Cash | quarterly | - | 2002-03-31 | 2002-05-01 |
| 2001-12-27 | $0.22 | 0.0% | Cash | quarterly | - | 2001-12-31 | 2002-02-02 |
| 2001-09-26 | $0.22 | 0.0% | Cash | quarterly | - | 2001-09-30 | 2001-11-01 |
| 2001-06-27 | $0.22 | 0.0% | Cash | quarterly | - | 2001-06-30 | 2001-08-01 |
| 2001-03-28 | $0.22 | 0.0% | Cash | quarterly | - | 2001-03-31 | 2001-05-01 |
| 2000-12-27 | $0.22 | 0.0% | Cash | quarterly | - | 2000-12-31 | 2001-02-01 |
| 2000-09-27 | $0.22 | 0.0% | Cash | quarterly | - | 2000-09-30 | 2000-11-01 |
| 2000-06-28 | $0.22 | 0.0% | Cash | quarterly | - | 2000-06-30 | 2000-08-01 |
| 2000-03-29 | $0.22 | 0.0% | Cash | quarterly | - | 2000-03-31 | 2000-05-01 |
| 1999-12-29 | $0.22 | 0.0% | Cash | quarterly | - | 1999-12-31 | 2000-02-01 |
| 1999-09-28 | $0.22 | 0.0% | Cash | quarterly | - | 1999-09-30 | 1999-11-01 |
| 1999-06-28 | $0.22 | 0.0% | Cash | quarterly | - | 1999-06-30 | 1999-08-02 |
| 1999-03-29 | $0.22 | 0.0% | Cash | quarterly | - | 1999-03-31 | 1999-05-03 |
| 1998-12-29 | $0.22 | 0.0% | Cash | quarterly | - | 1998-12-31 | 1999-02-01 |
| 1998-09-28 | $0.22 | 0.0% | Cash | quarterly | - | 1998-09-30 | 1998-11-02 |
| 1998-06-26 | $0.22 | 0.0% | Cash | quarterly | - | 1998-06-30 | 1998-08-03 |
| 1998-03-27 | $0.22 | 0.0% | Cash | quarterly | - | 1998-03-31 | 1998-05-01 |
| 1997-12-29 | $0.22 | +10.0% | Cash | quarterly | - | 1997-12-31 | 1998-02-02 |
| 1997-09-26 | $0.2 | 0.0% | Cash | quarterly | - | 1997-09-30 | 1997-11-03 |
| 1997-06-26 | $0.2 | 0.0% | Cash | quarterly | - | 1997-06-30 | 1997-08-01 |
| 1997-03-26 | $0.2 | 0.0% | Cash | quarterly | - | 1997-03-31 | 1997-05-01 |
| 1996-12-27 | $0.2 | 0.0% | Cash | quarterly | - | 1996-12-31 | 1997-02-03 |
| 1996-09-26 | $0.2 | 0.0% | Cash | quarterly | - | 1996-09-30 | 1996-11-01 |
| 1996-06-26 | $0.2 | 0.0% | Cash | quarterly | - | 1996-06-30 | 1996-08-01 |
| 1996-03-27 | $0.2 | 0.0% | Cash | quarterly | - | 1996-03-31 | 1996-05-01 |
| 1995-12-27 | $0.2 | -66.7% | Cash | quarterly | - | 1995-12-31 | 1996-02-01 |
| 1995-09-27 | $0.6 | +9.1% | Cash | quarterly | - | 1995-09-30 | 1995-11-01 |
| 1995-06-28 | $0.55 | 0.0% | Cash | quarterly | - | 1995-06-30 | 1995-08-01 |
| 1995-03-27 | $0.55 | 0.0% | Cash | quarterly | - | 1995-03-31 | 1995-05-01 |
| 1994-12-23 | $0.55 | 0.0% | Cash | quarterly | - | 1994-12-31 | 1995-02-01 |
| 1994-09-26 | $0.55 | +10.0% | Cash | quarterly | - | 1994-09-30 | 1994-11-01 |
| 1994-06-24 | $0.5 | 0.0% | Cash | quarterly | - | 1994-06-30 | 1994-08-01 |
| 1994-03-25 | $0.5 | 0.0% | Cash | quarterly | - | 1994-03-31 | 1994-05-02 |
| 1993-12-27 | $0.5 | 0.0% | Cash | quarterly | - | 1993-12-31 | 1994-02-01 |
| 1993-09-24 | $0.5 | 0.0% | Cash | quarterly | - | 1993-09-30 | 1993-11-01 |
| 1993-06-24 | $0.5 | 0.0% | Cash | quarterly | - | 1993-06-30 | 1993-08-02 |
| 1993-03-25 | $0.5 | 0.0% | Cash | quarterly | - | 1993-03-31 | 1993-05-03 |
| 1992-12-24 | $0.5 | 0.0% | Cash | quarterly | - | 1992-12-31 | 1993-02-01 |
| 1992-09-24 | $0.5 | 0.0% | Cash | quarterly | - | 1992-09-30 | 1992-11-02 |
| 1992-06-24 | $0.5 | 0.0% | Cash | quarterly | - | 1992-06-30 | 1992-08-03 |
| 1992-03-25 | $0.5 | 0.0% | Cash | quarterly | - | 1992-03-31 | 1992-05-01 |
| 1991-12-24 | $0.5 | 0.0% | Cash | quarterly | - | 1991-12-31 | 1992-02-03 |
| 1991-09-24 | $0.5 | 0.0% | Cash | quarterly | - | 1991-09-30 | 1991-11-01 |
| 1991-06-24 | $0.5 | 0.0% | Cash | quarterly | - | 1991-06-28 | 1991-08-01 |
| 1991-03-22 | $0.5 | 0.0% | Cash | quarterly | - | 1991-03-28 | 1991-05-01 |
| 1990-12-24 | $0.5 | 0.0% | Cash | quarterly | - | 1990-12-31 | 1991-02-01 |
| 1990-09-24 | $0.5 | 0.0% | Cash | quarterly | - | 1990-09-28 | 1990-11-01 |
| 1990-06-25 | $0.5 | 0.0% | Cash | quarterly | - | 1990-06-29 | 1990-08-01 |
| 1990-03-26 | $0.5 | 0.0% | Cash | quarterly | - | 1990-03-30 | 1990-05-01 |
| 1989-12-26 | $0.5 | +42.9% | Cash | quarterly | - | 1990-01-02 | 1990-02-01 |
| 1989-09-25 | $0.35 | – | Cash | quarterly | - | 1989-09-29 | 1989-11-01 |
Amounts are in the declared currency; the listing currency is EUR.
No splits on record.