Dividend Yield (TTM)
0.92%
vs 5Y avg 1.21% · 10Y avg 4.00% · price: vendor quote
Dividend Yield (Forward)
1.94%
4 payments/yr (spacing)
Dividends / Share (TTM)
$0.50
Forward (annualized): $1.04
Payout Ratio (EPS, TTM)
58.7%
Payout Ratio (FCF, TTM)
23.9%
Dividend CAGR (3Y / 5Y / 10Y)
3Y22.7%5Y3.2%10Y-10.7%
Consecutive Growth Years
4
as of 2025
Years Without a Cut
4
as of 2025
Total Shareholder Yield (TTM)
1.21%
Div 3.03% + Net buyback -1.82%
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)
1.2%
Dividends 3.0% + Net buybacks −1.8%
Net Buyback (TTM)
−€838M
Gross €0 − Issuance €838M
SBC (TTM)
€0
Share-based compensation, dilution driver
Net share-count change % / yr
Annual dividend growth
Dividend growth is decelerating (9.1% latest vs 420.2% 3-yr avg).
| Year | DPS (regular sum, USD) | Change | Hikes | |
|---|---|---|---|---|
| 2025 | 0.96 | +9.1% | 1 | |
| 2024 | 0.88 | +22.2% | 1 | |
| 2023 | 0.72 | +38.5% | 1 | |
| 2022 | 0.52 | +1,200.0% | 1 | |
| 2021 | 0.04 | -95.1% | 0 | |
| 2020 | 0.82 | -73.9% | 0 | |
| 2019 | 3.14 | +1.3% | 1 | |
| 2018 | 3.10 | +1.3% | 1 | |
| 2017 | 3.06 | +1.3% | 1 | |
| 2016 | 3.02 | +1.7% | 1 | |
| 2015 | 2.97 | +3.1% | 1 | |
| 2014 | 2.88 | +12.5% | 1 | |
| 2013 | 2.56 | +18.5% | 1 | |
| 2012 | 2.16 | +17.4% | 1 | |
| 2011 | 1.84 | +25.2% | 1 |
Special dividends are excluded from these figures. Based on 147 regular payments.
Payment history (147 payments)
| Δ% | Type | Frequency | Declaration | Record | Pay date | ||
|---|---|---|---|---|---|---|---|
| 2026-03-10 | $0.26 | +8.3% | Cash | quarterly | - | 2026-03-10 | 2026-04-15 |
| 2025-12-10 | $0.24 | 0.0% | Cash | quarterly | - | 2025-12-10 | 2026-01-15 |
| 2025-09-10 | $0.24 | 0.0% | Cash | quarterly | - | 2025-09-10 | 2025-10-15 |
| 2025-06-10 | $0.24 | 0.0% | Cash | quarterly | - | 2025-06-10 | 2025-07-15 |
| 2025-03-10 | $0.24 | +9.1% | Cash | quarterly | - | 2025-03-10 | 2025-04-15 |
| 2024-12-10 | $0.22 | 0.0% | Cash | quarterly | - | 2024-12-10 | 2025-01-15 |
| 2024-09-10 | $0.22 | 0.0% | Cash | quarterly | - | 2024-09-10 | 2024-10-15 |
| 2024-06-10 | $0.22 | 0.0% | Cash | quarterly | - | 2024-06-10 | 2024-07-15 |
| 2024-03-07 | $0.22 | +22.2% | Cash | quarterly | - | 2024-03-08 | 2024-04-15 |
| 2023-12-07 | $0.18 | 0.0% | Cash | quarterly | - | 2023-12-08 | 2024-01-16 |
| 2023-09-07 | $0.18 | 0.0% | Cash | quarterly | - | 2023-09-08 | 2023-10-13 |
| 2023-06-08 | $0.18 | 0.0% | Cash | quarterly | - | 2023-06-09 | 2023-07-14 |
| 2023-03-09 | $0.18 | +38.5% | Cash | quarterly | - | 2023-03-10 | 2023-04-17 |
| 2022-12-09 | $0.13 | 0.0% | Cash | quarterly | - | 2022-12-12 | 2023-01-17 |
| 2022-09-09 | $0.13 | 0.0% | Cash | quarterly | - | 2022-09-12 | 2022-10-17 |
| 2022-06-09 | $0.13 | 0.0% | Cash | quarterly | - | 2022-06-10 | 2022-07-15 |
| 2022-03-09 | $0.13 | +1,200.0% | Cash | quarterly | - | 2022-03-10 | 2022-04-15 |
| 2021-12-09 | $0.01 | 0.0% | Cash | quarterly | - | 2021-12-10 | 2022-01-14 |
| 2021-09-09 | $0.01 | 0.0% | Cash | quarterly | - | 2021-09-10 | 2021-10-15 |
| 2021-06-09 | $0.01 | 0.0% | Cash | quarterly | - | 2021-06-10 | 2021-07-15 |
| 2021-03-09 | $0.01 | 0.0% | Cash | quarterly | - | 2021-03-10 | 2021-04-15 |
| 2020-12-09 | $0.01 | 0.0% | Cash | quarterly | - | 2020-12-10 | 2021-01-15 |
| 2020-09-14 | $0.01 | 0.0% | Cash | quarterly | - | 2020-09-15 | 2020-10-15 |
| 2020-06-12 | $0.01 | -98.7% | Cash | quarterly | - | 2020-06-15 | 2020-07-15 |
| 2020-03-09 | $0.79 | 0.0% | Cash | quarterly | - | 2020-03-10 | 2020-04-15 |
| 2019-12-09 | $0.79 | 0.0% | Cash | quarterly | - | 2019-12-10 | 2020-01-15 |
| 2019-09-09 | $0.79 | +1.3% | Cash | quarterly | - | 2019-09-10 | 2019-10-15 |
| 2019-06-07 | $0.78 | 0.0% | Cash | quarterly | - | 2019-06-10 | 2019-07-15 |
| 2019-03-08 | $0.78 | 0.0% | Cash | quarterly | - | 2019-03-11 | 2019-04-15 |
| 2018-12-07 | $0.78 | 0.0% | Cash | quarterly | - | 2018-12-10 | 2019-01-15 |
| 2018-09-07 | $0.78 | +1.3% | Cash | quarterly | - | 2018-09-10 | 2018-10-15 |
| 2018-06-08 | $0.77 | 0.0% | Cash | quarterly | - | 2018-06-11 | 2018-07-16 |
| 2018-03-08 | $0.77 | 0.0% | Cash | quarterly | - | 2018-03-09 | 2018-04-16 |
| 2017-12-08 | $0.77 | 0.0% | Cash | quarterly | - | 2017-12-11 | 2018-01-16 |
| 2017-09-08 | $0.77 | +1.3% | Cash | quarterly | - | 2017-09-11 | 2017-10-16 |
| 2017-06-07 | $0.76 | 0.0% | Cash | quarterly | - | 2017-06-09 | 2017-07-14 |
| 2017-03-08 | $0.76 | 0.0% | Cash | quarterly | - | 2017-03-10 | 2017-04-14 |
| 2016-12-07 | $0.76 | 0.0% | Cash | quarterly | - | 2016-12-09 | 2017-01-13 |
| 2016-09-07 | $0.76 | +1.3% | Cash | quarterly | - | 2016-09-09 | 2016-10-14 |
| 2016-06-08 | $0.75 | 0.0% | Cash | quarterly | - | 2016-06-10 | 2016-07-15 |
| 2016-03-08 | $0.75 | 0.0% | Cash | quarterly | - | 2016-03-10 | 2016-04-15 |
| 2015-12-08 | $0.75 | 0.0% | Cash | quarterly | - | 2015-12-10 | 2016-01-15 |
| 2015-09-08 | $0.75 | 0.0% | Cash | quarterly | - | 2015-09-10 | 2015-10-15 |
| 2015-06-08 | $0.75 | +4.2% | Cash | quarterly | - | 2015-06-10 | 2015-07-15 |
| 2015-03-06 | $0.72 | 0.0% | Cash | quarterly | - | 2015-03-10 | 2015-04-15 |
| 2014-12-08 | $0.72 | 0.0% | Cash | quarterly | - | 2014-12-10 | 2015-01-15 |
| 2014-09-08 | $0.72 | 0.0% | Cash | quarterly | - | 2014-09-10 | 2014-10-15 |
| 2014-06-06 | $0.72 | 0.0% | Cash | quarterly | - | 2014-06-10 | 2014-07-15 |
| 2014-03-06 | $0.72 | +12.5% | Cash | quarterly | - | 2014-03-10 | 2014-04-15 |
| 2013-12-06 | $0.64 | 0.0% | Cash | quarterly | - | 2013-12-10 | 2014-01-15 |
| 2013-09-06 | $0.64 | 0.0% | Cash | quarterly | - | 2013-09-10 | 2013-10-15 |
| 2013-06-06 | $0.64 | 0.0% | Cash | quarterly | - | 2013-06-10 | 2013-07-15 |
| 2013-03-06 | $0.64 | +18.5% | Cash | quarterly | - | 2013-03-08 | 2013-04-15 |
| 2012-12-06 | $0.54 | 0.0% | Cash | quarterly | - | 2012-12-10 | 2012-12-27 |
| 2012-09-06 | $0.54 | 0.0% | Cash | quarterly | - | 2012-09-10 | 2012-10-15 |
| 2012-06-06 | $0.54 | 0.0% | Cash | quarterly | - | 2012-06-08 | 2012-07-15 |
| 2012-03-07 | $0.54 | +17.4% | Cash | quarterly | - | 2012-03-09 | 2012-04-15 |
| 2011-12-07 | $0.46 | 0.0% | Cash | quarterly | - | 2011-12-09 | 2012-01-15 |
| 2011-09-07 | $0.46 | 0.0% | Cash | quarterly | - | 2011-09-09 | 2011-10-15 |
| 2011-06-08 | $0.46 | 0.0% | Cash | quarterly | - | 2011-06-10 | 2011-07-15 |
| 2011-03-08 | $0.46 | +21.1% | Cash | quarterly | - | 2011-03-10 | 2011-04-15 |
| 2010-12-08 | $0.38 | 0.0% | Cash | quarterly | - | 2010-12-10 | 2011-01-15 |
| 2010-09-08 | $0.38 | 0.0% | Cash | quarterly | - | 2010-09-10 | 2010-10-15 |
| 2010-06-08 | $0.38 | +15.2% | Cash | annual | - | 2010-06-10 | 2010-07-15 |
| 2010-03-08 | $0.33 | 0.0% | Cash | quarterly | - | 2010-03-10 | 2010-04-15 |
| 2009-12-08 | $0.33 | 0.0% | Cash | quarterly | - | 2009-12-10 | 2010-01-15 |
| 2009-09-08 | $0.33 | 0.0% | Cash | quarterly | - | 2009-09-10 | 2009-10-15 |
| 2009-06-08 | $0.33 | +3.1% | Cash | quarterly | - | 2009-06-10 | 2009-07-15 |
| 2009-03-06 | $0.32 | 0.0% | Cash | quarterly | - | 2009-03-10 | 2009-04-15 |
| 2008-12-08 | $0.32 | 0.0% | Cash | quarterly | - | 2008-12-10 | 2009-01-15 |
| 2008-09-08 | $0.32 | 0.0% | Cash | quarterly | - | 2008-09-10 | 2008-10-15 |
| 2008-06-06 | $0.32 | +28.0% | Cash | quarterly | - | 2008-06-10 | 2008-07-15 |
| 2008-03-06 | $0.25 | 0.0% | Cash | quarterly | - | 2008-03-10 | 2008-04-15 |
| 2007-12-06 | $0.25 | 0.0% | Cash | quarterly | - | 2007-12-10 | 2008-01-15 |
| 2007-09-06 | $0.25 | +13.6% | Cash | quarterly | - | 2007-09-10 | 2007-10-15 |
| 2007-06-06 | $0.22 | 0.0% | Cash | quarterly | - | 2007-06-08 | 2007-07-15 |
| 2007-03-07 | $0.22 | 0.0% | Cash | quarterly | - | 2007-03-09 | 2007-04-15 |
| 2006-12-06 | $0.22 | 0.0% | Cash | quarterly | - | 2006-12-08 | 2007-01-15 |
| 2006-09-06 | $0.22 | -38.9% | Cash | quarterly | - | 2006-09-08 | 2006-10-15 |
| 2006-06-07 | $0.36 | 0.0% | Cash | quarterly | - | 2006-06-09 | 2006-07-15 |
| 2006-03-08 | $0.36 | 0.0% | Cash | quarterly | - | 2006-03-10 | 2006-04-15 |
| 2005-12-07 | $0.36 | +16.1% | Cash | quarterly | - | 2005-12-09 | 2006-01-15 |
| 2005-09-07 | $0.31 | 0.0% | Cash | quarterly | - | 2005-09-09 | 2005-10-15 |
| 2005-06-08 | $0.31 | 0.0% | Cash | quarterly | - | 2005-06-10 | 2005-07-15 |
| 2005-03-08 | $0.31 | +12.7% | Cash | quarterly | - | 2005-03-10 | 2005-04-15 |
| 2004-12-08 | $0.275 | 0.0% | Cash | quarterly | - | 2004-12-10 | 2005-01-15 |
| 2004-09-08 | $0.275 | 0.0% | Cash | quarterly | - | 2004-09-10 | 2004-10-15 |
| 2004-06-08 | $0.275 | 0.0% | Cash | quarterly | - | 2004-06-10 | 2004-07-15 |
| 2004-03-08 | $0.275 | +5.8% | Cash | quarterly | - | 2004-03-10 | 2004-04-15 |
| 2003-12-08 | $0.26 | 0.0% | Cash | quarterly | - | 2003-12-10 | 2004-01-15 |
| 2003-09-08 | $0.26 | 0.0% | Cash | quarterly | - | 2003-09-10 | 2003-10-15 |
| 2003-06-06 | $0.26 | 0.0% | Cash | quarterly | - | 2003-06-10 | 2003-07-15 |
| 2003-03-06 | $0.26 | +4.0% | Cash | quarterly | - | 2003-03-10 | 2003-04-15 |
| 2002-12-06 | $0.25 | 0.0% | Cash | quarterly | - | 2002-12-10 | 2003-01-15 |
| 2002-09-06 | $0.25 | 0.0% | Cash | quarterly | - | 2002-09-10 | 2002-10-15 |
| 2002-06-06 | $0.25 | 0.0% | Cash | quarterly | - | 2002-06-10 | 2002-07-15 |
| 2002-03-06 | $0.25 | 0.0% | Cash | quarterly | - | 2002-03-08 | 2002-04-15 |
| 2001-12-06 | $0.25 | 0.0% | Cash | quarterly | - | 2001-12-10 | 2002-01-15 |
| 2001-09-06 | $0.25 | 0.0% | Cash | quarterly | - | 2001-09-10 | 2001-10-15 |
| 2001-06-06 | $0.25 | 0.0% | Cash | quarterly | - | 2001-06-08 | 2001-07-15 |
| 2001-03-07 | $0.25 | 0.0% | Cash | quarterly | - | 2001-03-09 | 2001-04-15 |
| 2000-12-06 | $0.25 | 0.0% | Cash | quarterly | - | 2000-12-08 | 2001-01-15 |
| 2000-09-06 | $0.25 | 0.0% | Cash | quarterly | - | 2000-09-08 | 2000-10-15 |
| 2000-06-07 | $0.25 | 0.0% | Cash | quarterly | - | 2000-06-09 | 2000-07-15 |
| 2000-03-08 | $0.25 | 0.0% | Cash | quarterly | - | 2000-03-10 | 2000-04-15 |
| 1999-12-08 | $0.25 | 0.0% | Cash | quarterly | - | 1999-12-10 | 2000-01-15 |
| 1999-09-08 | $0.25 | 0.0% | Cash | quarterly | - | 1999-09-10 | 1999-10-15 |
| 1999-06-08 | $0.25 | 0.0% | Cash | quarterly | - | 1999-06-10 | 1999-07-15 |
| 1999-03-08 | $0.25 | 0.0% | Cash | quarterly | - | 1999-03-10 | 1999-04-15 |
| 1998-12-08 | $0.25 | 0.0% | Cash | quarterly | - | 1998-12-10 | 1999-01-15 |
| 1998-09-08 | $0.25 | 0.0% | Cash | quarterly | - | 1998-09-10 | 1998-10-15 |
| 1998-06-08 | $0.25 | 0.0% | Cash | quarterly | - | 1998-06-10 | 1998-07-15 |
| 1998-03-06 | $0.25 | 0.0% | Cash | quarterly | - | 1998-03-10 | 1998-04-15 |
| 1997-12-08 | $0.25 | 0.0% | Cash | quarterly | - | 1997-12-10 | 1998-01-15 |
| 1997-09-08 | $0.25 | 0.0% | Cash | quarterly | - | 1997-09-10 | 1997-10-15 |
| 1997-06-06 | $0.25 | 0.0% | Cash | quarterly | - | 1997-06-10 | 1997-07-15 |
| 1997-03-05 | $0.25 | 0.0% | Cash | quarterly | - | 1997-03-07 | 1997-04-15 |
| 1996-12-06 | $0.25 | 0.0% | Cash | quarterly | - | 1996-12-10 | 1997-01-15 |
| 1996-09-06 | $0.25 | 0.0% | Cash | quarterly | - | 1996-09-10 | 1996-10-15 |
| 1996-06-06 | $0.25 | 0.0% | Cash | quarterly | - | 1996-06-10 | 1996-07-15 |
| 1996-03-05 | $0.25 | 0.0% | Cash | quarterly | - | 1996-03-07 | 1996-04-15 |
| 1995-12-07 | $0.25 | 0.0% | Cash | quarterly | - | 1995-12-11 | 1996-01-15 |
| 1995-09-07 | $0.25 | 0.0% | Cash | quarterly | - | 1995-09-11 | 1995-10-15 |
| 1995-06-08 | $0.25 | 0.0% | Cash | quarterly | - | 1995-06-12 | 1995-07-15 |
| 1995-03-06 | $0.25 | 0.0% | Cash | quarterly | - | 1995-03-10 | 1995-04-15 |
| 1994-12-05 | $0.25 | 0.0% | Cash | quarterly | - | 1994-12-09 | 1995-01-15 |
| 1994-09-02 | $0.25 | 0.0% | Cash | quarterly | - | 1994-09-09 | 1994-10-15 |
| 1994-06-06 | $0.25 | 0.0% | Cash | quarterly | - | 1994-06-10 | 1994-07-15 |
| 1994-03-04 | $0.25 | 0.0% | Cash | quarterly | - | 1994-03-10 | 1994-04-15 |
| 1993-12-06 | $0.25 | 0.0% | Cash | quarterly | - | 1993-12-10 | 1994-01-15 |
| 1993-09-03 | $0.25 | 0.0% | Cash | quarterly | - | 1993-09-10 | 1993-10-15 |
| 1993-06-04 | $0.25 | 0.0% | Cash | quarterly | - | 1993-06-10 | 1993-07-15 |
| 1993-03-04 | $0.25 | 0.0% | Cash | quarterly | - | 1993-03-10 | 1993-04-15 |
| 1992-12-04 | $0.25 | 0.0% | Cash | quarterly | - | 1992-12-10 | 1993-01-15 |
| 1992-09-03 | $0.25 | 0.0% | Cash | quarterly | - | 1992-09-10 | 1992-10-15 |
| 1992-06-04 | $0.25 | 0.0% | Cash | quarterly | - | 1992-06-10 | 1992-07-15 |
| 1992-03-04 | $0.25 | 0.0% | Cash | quarterly | - | 1992-03-10 | 1992-04-15 |
| 1991-12-04 | $0.25 | 0.0% | Cash | quarterly | - | 1991-12-10 | 1992-01-15 |
| 1991-09-04 | $0.25 | 0.0% | Cash | quarterly | - | 1991-09-10 | 1991-10-15 |
| 1991-06-04 | $0.25 | 0.0% | Cash | quarterly | - | 1991-06-10 | 1991-07-15 |
| 1991-03-06 | $0.25 | -60.0% | Cash | quarterly | - | 1991-03-12 | 1991-04-15 |
| 1990-12-04 | $0.625 | 0.0% | Cash | quarterly | - | 1990-12-10 | 1991-01-15 |
| 1990-09-04 | $0.625 | 0.0% | Cash | quarterly | - | 1990-09-10 | 1990-10-15 |
| 1990-06-05 | $0.625 | 0.0% | Cash | quarterly | - | 1990-06-11 | 1990-07-15 |
| 1990-03-05 | $0.625 | 0.0% | Cash | quarterly | - | 1990-03-09 | 1990-04-15 |
| 1989-12-05 | $0.625 | 0.0% | Cash | quarterly | - | 1989-12-11 | 1990-01-15 |
| 1989-09-05 | $0.625 | – | Cash | quarterly | - | 1989-09-11 | 1989-10-16 |
Amounts are in the declared currency; the listing currency is EUR.
No splits on record.