Dividend Yield (TTM)
1.09%
vs 5Y avg 2.82% · 10Y avg 2.72% · price: vendor quote
Dividend Yield (Forward)
2.16%
4 payments/yr (spacing)
Dividends / Share (TTM)
$2.60
Forward (annualized): $5.20
Payout Ratio (EPS, TTM)
45.9%
Payout Ratio (FCF, TTM)
65.2%
Dividend CAGR (3Y / 5Y / 10Y)
3Y4.9%5Y5.2%10Y5.7%
Consecutive Growth Years
15
as of 2025
Years Without a Cut
15
as of 2025
Total Shareholder Yield (TTM)
3.22%
Div 2.17% + Net buyback 1.05%
Growth, streak and CAGR figures exclude special dividends.
Dividend history spans multiple declared currencies (USD, JPY); growth, streak and CAGR figures use the latest constant-currency period (since 2010).
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)
3.2%
Dividends 2.2% + Net buybacks 1.0%
Net Buyback (TTM)
€5.23B
Gross €5.23B − Issuance €0
SBC (TTM)
€1.18B
Share-based compensation, dilution driver
Net share-count change % / yr
Annual dividend growth
Dividend growth is decelerating (4.7% latest vs 5.4% 3-yr avg).
| Year | DPS (regular sum) | Change | Hikes | |
|---|---|---|---|---|
| 2025 | 5.14 | +4.7% | 1 | |
| 2024 | 4.91 | +4.5% | 1 | |
| 2023 | 4.70 | +5.6% | 1 | |
| 2022 | 4.45 | +6.2% | 1 | |
| 2021 | 4.19 | +5.3% | 1 | |
| 2020 | 3.98 | +6.1% | 1 | |
| 2019 | 3.75 | +5.9% | 1 | |
| 2018 | 3.54 | +6.6% | 1 | |
| 2017 | 3.32 | +5.4% | 1 | |
| 2016 | 3.15 | +6.8% | 1 | |
| 2015 | 2.95 | +6.9% | 1 | |
| 2014 | 2.76 | +6.6% | 1 | |
| 2013 | 2.59 | +7.9% | 1 | |
| 2012 | 2.40 | +6.7% | 1 | |
| 2011 | 2.25 | +6.6% | 1 |
Special dividends are excluded from these figures. Based on 155 regular payments.
Payment history (155 payments)
| Δ% | Type | Frequency | Declaration | Record | Pay date | ||
|---|---|---|---|---|---|---|---|
| 2026-02-24 | $1.3 | 0.0% | Cash | quarterly | - | 2026-02-24 | 2026-03-10 |
| 2025-11-25 | $1.3 | 0.0% | Cash | quarterly | - | 2025-11-25 | 2025-12-09 |
| 2025-08-26 | $1.3 | 0.0% | Cash | quarterly | - | 2025-08-26 | 2025-09-09 |
| 2025-05-27 | $1.3 | +4.8% | Cash | quarterly | - | 2025-05-27 | 2025-06-10 |
| 2025-02-18 | $1.24 | 0.0% | Cash | quarterly | - | 2025-02-18 | 2025-03-04 |
| 2024-11-26 | $1.24 | 0.0% | Cash | quarterly | - | 2024-11-26 | 2024-12-10 |
| 2024-08-27 | $1.24 | 0.0% | Cash | quarterly | - | 2024-08-27 | 2024-09-10 |
| 2024-05-20 | $1.24 | +4.2% | Cash | quarterly | - | 2024-05-21 | 2024-06-04 |
| 2024-02-16 | $1.19 | 0.0% | Cash | quarterly | - | 2024-02-20 | 2024-03-05 |
| 2023-11-20 | $1.19 | 0.0% | Cash | quarterly | - | 2023-11-21 | 2023-12-05 |
| 2023-08-25 | $1.19 | 0.0% | Cash | quarterly | - | 2023-08-28 | 2023-09-07 |
| 2023-05-22 | $1.19 | +5.3% | Cash | quarterly | - | 2023-05-23 | 2023-06-06 |
| 2023-02-17 | $1.13 | 0.0% | Cash | quarterly | - | 2023-02-21 | 2023-03-07 |
| 2022-11-21 | $1.13 | 0.0% | Cash | quarterly | - | 2022-11-22 | 2022-12-06 |
| 2022-08-22 | $1.13 | 0.0% | Cash | quarterly | - | 2022-08-23 | 2022-09-06 |
| 2022-05-23 | $1.13 | +6.6% | Cash | quarterly | - | 2022-05-24 | 2022-06-07 |
| 2022-02-18 | $1.06 | 0.0% | Cash | quarterly | - | 2022-02-22 | 2022-03-08 |
| 2021-11-22 | $1.06 | 0.0% | Cash | quarterly | - | 2021-11-23 | 2021-12-07 |
| 2021-08-23 | $1.06 | 0.0% | Cash | quarterly | - | 2021-08-24 | 2021-09-07 |
| 2021-05-25 | $1.06 | +5.0% | Cash | quarterly | - | 2021-05-25 | 2021-06-08 |
| 2021-02-22 | $1.01 | 0.0% | Cash | quarterly | - | 2021-02-23 | 2021-03-09 |
| 2020-11-23 | $1.01 | 0.0% | Cash | quarterly | - | 2020-11-24 | 2020-12-08 |
| 2020-08-24 | $1.01 | 0.0% | Cash | quarterly | - | 2020-08-25 | 2020-09-08 |
| 2020-05-22 | $1.01 | +6.3% | Cash | quarterly | - | 2020-05-26 | 2020-06-09 |
| 2020-02-24 | $0.95 | 0.0% | Cash | quarterly | - | 2020-02-25 | 2020-03-10 |
| 2019-11-25 | $0.95 | 0.0% | Cash | quarterly | - | 2019-11-26 | 2019-12-10 |
| 2019-08-26 | $0.95 | 0.0% | Cash | quarterly | - | 2019-08-27 | 2019-09-10 |
| 2019-05-24 | $0.95 | +5.6% | Cash | quarterly | - | 2019-05-28 | 2019-06-11 |
| 2019-02-25 | $0.9 | 0.0% | Cash | quarterly | - | 2019-02-26 | 2019-03-12 |
| 2018-11-26 | $0.9 | 0.0% | Cash | quarterly | - | 2018-11-27 | 2018-12-11 |
| 2018-08-27 | $0.9 | 0.0% | Cash | quarterly | - | 2018-08-28 | 2018-09-11 |
| 2018-05-25 | $0.9 | +7.1% | Cash | quarterly | - | 2018-05-29 | 2018-06-12 |
| 2018-02-26 | $0.84 | 0.0% | Cash | quarterly | - | 2018-02-27 | 2018-03-13 |
| 2017-11-27 | $0.84 | 0.0% | Cash | quarterly | - | 2017-11-28 | 2017-12-12 |
| 2017-08-25 | $0.84 | 0.0% | Cash | quarterly | - | 2017-08-29 | 2017-09-12 |
| 2017-05-25 | $0.84 | +5.0% | Cash | quarterly | - | 2017-05-30 | 2017-06-13 |
| 2017-02-24 | $0.8 | 0.0% | Cash | quarterly | - | 2017-02-28 | 2017-03-14 |
| 2016-11-18 | $0.8 | 0.0% | Cash | quarterly | - | 2016-11-22 | 2016-12-06 |
| 2016-08-19 | $0.8 | 0.0% | Cash | quarterly | - | 2016-08-23 | 2016-09-06 |
| 2016-05-20 | $0.8 | +6.7% | Cash | quarterly | - | 2016-05-24 | 2016-06-07 |
| 2016-02-19 | $0.75 | 0.0% | Cash | quarterly | - | 2016-02-23 | 2016-03-08 |
| 2015-11-20 | $0.75 | 0.0% | Cash | quarterly | - | 2015-11-24 | 2015-12-08 |
| 2015-08-21 | $0.75 | 0.0% | Cash | quarterly | - | 2015-08-25 | 2015-09-08 |
| 2015-05-21 | $0.75 | +7.1% | Cash | quarterly | - | 2015-05-26 | 2015-06-09 |
| 2015-02-20 | $0.7 | 0.0% | Cash | quarterly | - | 2015-02-24 | 2015-03-10 |
| 2014-11-21 | $0.7 | 0.0% | Cash | quarterly | - | 2014-11-25 | 2014-12-09 |
| 2014-08-22 | $0.7 | 0.0% | Cash | quarterly | - | 2014-08-26 | 2014-09-09 |
| 2014-05-22 | $0.7 | +6.1% | Cash | quarterly | - | 2014-05-27 | 2014-06-10 |
| 2014-02-21 | $0.66 | 0.0% | Cash | quarterly | - | 2014-02-25 | 2014-03-11 |
| 2013-11-22 | $0.66 | 0.0% | Cash | quarterly | - | 2013-11-26 | 2013-12-10 |
| 2013-08-23 | $0.66 | 0.0% | Cash | quarterly | - | 2013-08-27 | 2013-09-10 |
| 2013-05-23 | $0.66 | +8.2% | Cash | quarterly | - | 2013-05-28 | 2013-06-11 |
| 2013-02-22 | $0.61 | 0.0% | Cash | quarterly | - | 2013-02-26 | 2013-03-12 |
| 2012-11-23 | $0.61 | 0.0% | Cash | quarterly | - | 2012-11-27 | 2012-12-11 |
| 2012-08-24 | $0.61 | 0.0% | Cash | quarterly | - | 2012-08-28 | 2012-09-11 |
| 2012-05-24 | $0.61 | +7.0% | Cash | quarterly | - | 2012-05-29 | 2012-06-12 |
| 2012-02-24 | $0.57 | 0.0% | Cash | quarterly | - | 2012-02-28 | 2012-03-13 |
| 2011-11-25 | $0.57 | 0.0% | Cash | quarterly | - | 2011-11-29 | 2011-12-13 |
| 2011-08-26 | $0.57 | 0.0% | Cash | quarterly | - | 2011-08-30 | 2011-09-13 |
| 2011-05-26 | $0.57 | +5.6% | Cash | quarterly | - | 2011-05-31 | 2011-06-14 |
| 2011-02-25 | $0.54 | 0.0% | Cash | quarterly | - | 2011-03-01 | 2011-03-15 |
| 2010-11-26 | $0.54 | 0.0% | Cash | quarterly | - | 2010-11-30 | 2010-12-14 |
| 2010-08-27 | $0.54 | 0.0% | Cash | quarterly | - | 2010-08-31 | 2010-09-14 |
| 2010-05-27 | $0.54 | +10.2% | Cash | quarterly | - | 2010-05-29 | - |
| 2010-02-19 | $0.49 | 0.0% | Cash | quarterly | - | 2010-02-23 | 2010-03-09 |
| 2009-11-20 | $0.49 | 0.0% | Cash | quarterly | - | 2009-11-24 | 2009-12-08 |
| 2009-08-21 | $0.49 | 0.0% | Cash | quarterly | - | 2009-08-25 | 2009-09-08 |
| 2009-05-21 | $0.49 | – | Cash | quarterly | - | 2009-05-26 | 2009-06-09 |
| 2009-03-26 | JPY 5 | – | Cash | quarterly | - | 2009-03-30 | 2009-06-02 |
| 2009-02-20 | $0.46 | 0.0% | Cash | quarterly | - | 2009-02-24 | 2009-03-10 |
| 2008-11-21 | $0.46 | – | Cash | quarterly | - | 2008-11-25 | 2008-12-09 |
| 2008-09-25 | JPY 2.5 | – | Cash | quarterly | - | 2008-09-29 | 2008-12-08 |
| 2008-08-22 | $0.46 | 0.0% | Cash | quarterly | - | 2008-08-26 | 2008-09-09 |
| 2008-05-22 | $0.46 | +10.8% | Cash | quarterly | - | 2008-05-27 | 2008-06-10 |
| 2008-02-22 | $0.415 | 0.0% | Cash | quarterly | - | 2008-02-26 | 2008-03-11 |
| 2007-11-23 | $0.415 | – | Cash | quarterly | - | 2007-11-27 | 2007-12-11 |
| 2007-09-25 | JPY 4 | – | Cash | quarterly | - | 2007-09-27 | 2007-12-07 |
| 2007-08-24 | $0.415 | 0.0% | Cash | quarterly | - | 2007-08-28 | 2007-09-11 |
| 2007-05-24 | $0.415 | +10.7% | Cash | quarterly | - | 2007-05-29 | 2007-06-12 |
| 2007-02-23 | $0.375 | 0.0% | Cash | quarterly | - | 2007-02-27 | 2007-03-13 |
| 2006-11-24 | $0.375 | – | Cash | quarterly | - | 2006-11-28 | 2006-12-12 |
| 2006-09-26 | JPY 4 | – | Cash | quarterly | - | 2006-09-28 | 2006-12-07 |
| 2006-08-25 | $0.375 | 0.0% | Cash | quarterly | - | 2006-08-29 | 2006-09-12 |
| 2006-05-25 | $0.375 | +13.6% | Cash | quarterly | - | 2006-05-30 | 2006-06-13 |
| 2006-02-24 | $0.33 | 0.0% | Cash | quarterly | - | 2006-02-28 | 2006-03-14 |
| 2005-11-18 | $0.33 | – | Cash | quarterly | - | 2005-11-22 | 2005-12-13 |
| 2005-09-27 | JPY 4 | – | Cash | quarterly | - | 2005-09-29 | 2005-12-08 |
| 2005-08-19 | $0.33 | 0.0% | Cash | quarterly | - | 2005-08-23 | 2005-09-13 |
| 2005-05-13 | $0.33 | +15.8% | Cash | quarterly | - | 2005-05-17 | 2005-06-07 |
| 2005-02-11 | $0.285 | 0.0% | Cash | quarterly | - | 2005-02-15 | 2005-03-08 |
| 2004-11-12 | $0.285 | – | Cash | quarterly | - | 2004-11-16 | 2004-12-07 |
| 2004-09-27 | JPY 4 | – | Cash | quarterly | - | 2004-09-29 | 2004-12-10 |
| 2004-08-13 | $0.285 | 0.0% | Cash | quarterly | - | 2004-08-17 | 2004-09-07 |
| 2004-05-14 | $0.285 | +18.8% | Cash | quarterly | - | 2004-05-18 | 2004-06-08 |
| 2004-02-12 | $0.24 | 0.0% | Cash | quarterly | - | 2004-02-17 | 2004-03-09 |
| 2003-11-14 | $0.24 | – | Cash | quarterly | - | 2003-11-18 | 2003-12-09 |
| 2003-09-25 | JPY 4 | – | Cash | quarterly | - | 2003-09-29 | 2003-12-10 |
| 2003-08-15 | $0.24 | 0.0% | Cash | quarterly | - | 2003-08-19 | 2003-09-09 |
| 2003-05-16 | $0.24 | +17.1% | Cash | quarterly | - | 2003-05-20 | 2003-06-10 |
| 2003-02-13 | $0.205 | 0.0% | Cash | quarterly | - | 2003-02-18 | 2003-03-11 |
| 2002-11-15 | $0.205 | – | Cash | quarterly | - | 2002-11-19 | 2002-12-10 |
| 2002-09-25 | JPY 4 | – | Cash | quarterly | - | 2002-09-27 | 2002-12-10 |
| 2002-08-16 | $0.205 | 0.0% | Cash | quarterly | - | 2002-08-20 | 2002-09-10 |
| 2002-05-17 | $0.205 | +13.9% | Cash | quarterly | - | 2002-05-21 | 2002-06-11 |
| 2002-02-14 | $0.18 | 0.0% | Cash | quarterly | - | 2002-02-19 | 2002-03-12 |
| 2001-11-16 | $0.18 | 0.0% | Cash | quarterly | - | 2001-11-20 | 2001-12-11 |
| 2001-08-17 | $0.18 | -50.0% | Cash | quarterly | - | 2001-08-21 | 2001-09-11 |
| 2001-05-18 | $0.36 | +12.5% | Cash | quarterly | - | 2001-05-22 | 2001-06-12 |
| 2001-02-15 | $0.32 | 0.0% | Cash | quarterly | - | 2001-02-20 | 2001-03-13 |
| 2000-11-17 | $0.32 | 0.0% | Cash | quarterly | - | 2000-11-21 | 2000-12-12 |
| 2000-08-18 | $0.32 | 0.0% | Cash | quarterly | - | 2000-08-22 | 2000-09-12 |
| 2000-05-19 | $0.32 | +14.3% | Cash | quarterly | - | 2000-05-23 | 2000-06-13 |
| 2000-02-11 | $0.28 | 0.0% | Cash | quarterly | - | 2000-02-15 | 2000-03-07 |
| 1999-11-12 | $0.28 | 0.0% | Cash | quarterly | - | 1999-11-16 | 1999-12-07 |
| 1999-08-13 | $0.28 | 0.0% | Cash | quarterly | - | 1999-08-17 | 1999-09-07 |
| 1999-05-14 | $0.28 | +12.0% | Cash | quarterly | - | 1999-05-18 | 1999-06-08 |
| 1999-02-11 | $0.25 | 0.0% | Cash | quarterly | - | 1999-02-16 | 1999-03-09 |
| 1998-11-13 | $0.25 | 0.0% | Cash | quarterly | - | 1998-11-17 | 1998-12-08 |
| 1998-08-14 | $0.25 | 0.0% | Cash | quarterly | - | 1998-08-18 | 1998-09-08 |
| 1998-05-15 | $0.25 | +13.6% | Cash | quarterly | - | 1998-05-19 | 1998-06-09 |
| 1998-02-12 | $0.22 | 0.0% | Cash | quarterly | - | 1998-02-17 | 1998-03-10 |
| 1997-11-14 | $0.22 | 0.0% | Cash | quarterly | - | 1997-11-18 | 1997-12-09 |
| 1997-08-15 | $0.22 | 0.0% | Cash | quarterly | - | 1997-08-19 | 1997-09-09 |
| 1997-05-16 | $0.22 | +15.8% | Cash | quarterly | - | 1997-05-20 | 1997-06-10 |
| 1997-02-13 | $0.19 | 0.0% | Cash | quarterly | - | 1997-02-18 | 1997-03-11 |
| 1996-11-15 | $0.19 | 0.0% | Cash | quarterly | - | 1996-11-19 | 1996-12-10 |
| 1996-08-16 | $0.19 | -50.0% | Cash | quarterly | - | 1996-08-20 | 1996-09-10 |
| 1996-05-17 | $0.38 | +15.2% | Cash | quarterly | - | 1996-05-21 | 1996-06-11 |
| 1996-02-15 | $0.33 | 0.0% | Cash | quarterly | - | 1996-02-20 | 1996-03-12 |
| 1995-11-10 | $0.33 | 0.0% | Cash | quarterly | - | 1995-11-14 | 1995-12-05 |
| 1995-08-11 | $0.33 | 0.0% | Cash | quarterly | - | 1995-08-15 | 1995-09-05 |
| 1995-05-10 | $0.33 | +13.8% | Cash | quarterly | - | 1995-05-16 | 1995-06-06 |
| 1995-02-08 | $0.29 | 0.0% | Cash | quarterly | - | 1995-02-14 | 1995-03-07 |
| 1994-11-08 | $0.29 | 0.0% | Cash | quarterly | - | 1994-11-15 | 1994-12-06 |
| 1994-08-10 | $0.29 | 0.0% | Cash | quarterly | - | 1994-08-16 | 1994-09-06 |
| 1994-05-11 | $0.29 | +11.5% | Cash | quarterly | - | 1994-05-17 | 1994-06-07 |
| 1994-02-09 | $0.26 | 0.0% | Cash | quarterly | - | 1994-02-15 | 1994-03-08 |
| 1993-11-09 | $0.26 | 0.0% | Cash | quarterly | - | 1993-11-16 | 1993-12-07 |
| 1993-08-11 | $0.26 | 0.0% | Cash | quarterly | - | 1993-08-17 | 1993-09-07 |
| 1993-05-12 | $0.26 | +13.0% | Cash | quarterly | - | 1993-05-18 | 1993-06-08 |
| 1993-02-09 | $0.23 | 0.0% | Cash | quarterly | - | 1993-02-16 | 1993-03-09 |
| 1992-11-10 | $0.23 | 0.0% | Cash | quarterly | - | 1992-11-17 | 1992-12-08 |
| 1992-08-12 | $0.23 | -50.0% | Cash | quarterly | - | 1992-08-18 | 1992-09-08 |
| 1992-05-13 | $0.46 | +15.0% | Cash | quarterly | - | 1992-05-19 | 1992-06-09 |
| 1992-02-11 | $0.4 | 0.0% | Cash | quarterly | - | 1992-02-18 | 1992-03-10 |
| 1991-11-13 | $0.4 | 0.0% | Cash | quarterly | - | 1991-11-19 | 1991-12-10 |
| 1991-08-14 | $0.4 | 0.0% | Cash | quarterly | - | 1991-08-20 | 1991-09-10 |
| 1991-05-15 | $0.4 | +17.6% | Cash | quarterly | - | 1991-05-21 | 1991-06-11 |
| 1991-02-12 | $0.34 | 0.0% | Cash | quarterly | - | 1991-02-19 | 1991-03-12 |
| 1990-11-14 | $0.34 | 0.0% | Cash | quarterly | - | 1990-11-20 | 1990-12-04 |
| 1990-08-15 | $0.34 | 0.0% | Cash | quarterly | - | 1990-08-21 | 1990-09-04 |
| 1990-05-16 | $0.34 | +17.2% | Cash | quarterly | - | 1990-05-22 | 1990-06-05 |
| 1990-02-13 | $0.29 | 0.0% | Cash | quarterly | - | 1990-02-20 | 1990-03-06 |
| 1989-11-15 | $0.29 | 0.0% | Cash | quarterly | - | 1989-11-21 | 1989-12-05 |
| 1989-08-16 | $0.29 | – | Cash | quarterly | - | 1989-08-22 | 1989-09-05 |
Amounts are in the declared currency; the listing currency is EUR.
No splits on record.