Dividend Yield (TTM)
0.85%
vs 5Y avg 2.04% · 10Y avg 1.36% · price: vendor quote
Dividend Yield (Forward)
1.75%
4 payments/yr (spacing)
Dividends / Share (TTM)
$3.09
Forward (annualized): $6.36
Payout Ratio (EPS, TTM)
38.9%
Payout Ratio (FCF, TTM)
42.4%
Dividend CAGR (3Y / 5Y / 10Y)
3Y6.0%5Y6.5%10Y—
Consecutive Growth Years
6
as of 2025
Years Without a Cut
6
as of 2025
Total Shareholder Yield (TTM)
2.32%
Div 1.66% + Net buyback 0.66%
Growth, streak and CAGR figures exclude special dividends.
Dividend history spans multiple declared currencies (EUR, USD); growth, streak and CAGR figures use the latest constant-currency period (since 2011).
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)
2.3%
Dividends 1.7% + Net buybacks 0.7%
Net Buyback (TTM)
€555M
Gross €555M − Issuance €0
SBC (TTM)
€170M
Share-based compensation, dilution driver
Net share-count change % / yr
Annual dividend growth
Dividend growth is steady (6.1% latest vs 6.1% 3-yr avg).
| Year | DPS (regular sum) | Change | Hikes | |
|---|---|---|---|---|
| 2025 | 5.92 | +6.1% | 1 | |
| 2024 | 5.58 | +6.9% | 1 | |
| 2023 | 5.22 | +5.0% | 1 | |
| 2022 | 4.97 | +6.4% | 1 | |
| 2021 | 4.67 | +8.1% | 1 | |
| 2020 | 4.32 | — | 2 | |
| 2012 | 2.51 | +37.2% | 1 | |
| 2011 | 1.83 | +45.2% | 1 | |
| 2010 | 1.26 | — | 0 |
Special dividends are excluded from these figures. Based on 38 regular payments.
Payment history (38 payments)
| Δ% | Type | Frequency | Declaration | Record | Pay date | ||
|---|---|---|---|---|---|---|---|
| 2026-04-10 | $1.59 | +6.0% | Cash | quarterly | - | 2026-04-10 | 2026-05-08 |
| 2026-01-16 | $1.5 | 0.0% | Cash | quarterly | - | 2026-01-16 | 2026-02-06 |
| 2025-10-10 | $1.5 | 0.0% | Cash | quarterly | - | 2025-10-10 | 2025-11-14 |
| 2025-07-03 | $1.5 | 0.0% | Cash | quarterly | - | 2025-07-03 | 2025-08-08 |
| 2025-04-11 | $1.5 | +5.6% | Cash | quarterly | - | 2025-04-11 | 2025-05-09 |
| 2025-01-17 | $1.42 | 0.0% | Cash | quarterly | - | 2025-01-17 | 2025-02-07 |
| 2024-10-11 | $1.42 | 0.0% | Cash | quarterly | - | 2024-10-11 | 2024-11-15 |
| 2024-07-05 | $1.42 | 0.0% | Cash | quarterly | - | 2024-07-05 | 2024-08-09 |
| 2024-04-11 | $1.42 | +7.6% | Cash | quarterly | - | 2024-04-12 | 2024-05-10 |
| 2024-01-18 | $1.32 | 0.0% | Cash | quarterly | - | 2024-01-19 | 2024-02-09 |
| 2023-10-05 | $1.32 | 0.0% | Cash | quarterly | - | 2023-10-06 | 2023-11-10 |
| 2023-07-06 | $1.32 | 0.0% | Cash | quarterly | - | 2023-07-07 | 2023-08-11 |
| 2023-04-13 | $1.32 | +4.8% | Cash | quarterly | - | 2023-04-14 | 2023-05-12 |
| 2023-01-19 | $1.26 | 0.0% | Cash | quarterly | - | 2023-01-20 | 2023-02-10 |
| 2022-10-06 | $1.26 | 0.0% | Cash | quarterly | - | 2022-10-07 | 2022-11-10 |
| 2022-06-30 | $1.26 | 0.0% | Cash | quarterly | - | 2022-07-01 | 2022-08-05 |
| 2022-04-07 | $1.26 | +5.9% | Cash | quarterly | - | 2022-04-08 | 2022-05-06 |
| 2022-01-13 | $1.19 | 0.0% | Cash | quarterly | - | 2022-01-14 | 2022-02-04 |
| 2021-10-07 | $1.19 | 0.0% | Cash | quarterly | - | 2021-10-08 | 2021-11-12 |
| 2021-07-01 | $1.19 | 0.0% | Cash | quarterly | - | 2021-07-02 | 2021-08-06 |
| 2021-04-08 | $1.19 | +8.2% | Cash | quarterly | - | 2021-04-09 | 2021-05-07 |
| 2021-01-14 | $1.1 | 0.0% | Cash | quarterly | - | 2021-01-15 | 2021-02-05 |
| 2020-10-08 | $1.1 | 0.0% | Cash | quarterly | - | 2020-10-09 | 2020-11-13 |
| 2020-07-01 | $1.1 | 0.0% | Cash | quarterly | - | 2020-07-03 | 2020-08-07 |
| 2020-04-08 | $1.1 | +7.8% | Cash | quarterly | - | 2020-04-10 | 2020-05-08 |
| 2020-01-16 | $1.02 | +100.0% | Cash | quarterly | - | 2020-01-17 | 2020-02-07 |
| 2012-12-14 | $0.51 | 0.0% | Cash | quarterly | - | 2012-12-18 | 2012-12-26 |
| 2012-10-03 | $0.51 | 0.0% | Cash | quarterly | - | 2012-10-05 | 2012-11-09 |
| 2012-07-03 | $0.51 | 0.0% | Cash | quarterly | - | 2012-07-06 | 2012-08-10 |
| 2012-04-11 | $0.51 | +8.5% | Cash | quarterly | - | 2012-04-13 | 2012-05-11 |
| 2012-01-18 | $0.47 | 0.0% | Cash | quarterly | - | 2012-01-20 | 2012-02-10 |
| 2011-10-05 | $0.47 | 0.0% | Cash | quarterly | - | 2011-10-07 | 2011-11-10 |
| 2011-06-29 | $0.47 | 0.0% | Cash | quarterly | - | 2011-07-01 | 2011-08-05 |
| 2011-04-06 | $0.47 | +11.9% | Cash | quarterly | - | 2011-04-08 | 2011-05-06 |
| 2011-01-12 | $0.42 | – | Cash | quarterly | - | 2011-01-14 | 2011-02-04 |
| 2010-10-06 | EUR 0.42 | – | Cash | quarterly | - | 2010-10-04 | - |
| 2010-06-30 | $0.42 | – | Cash | quarterly | - | 2010-06-28 | - |
| 2010-04-07 | EUR 0.42 | – | Cash | quarterly | - | 2010-04-05 | - |
Amounts are in the declared currency; the listing currency is EUR.
No splits on record.