Dividend Yield (TTM)
0.97%
vs 5Y avg 6.52% · 10Y avg 7.43% · price: vendor quote
Dividend Yield (Forward)
3.87%
4 payments/yr (spacing)
Dividends / Share (TTM)
$0.2775
Forward (annualized): $1.11
Payout Ratio (EPS, TTM)
27.5%
Payout Ratio (FCF, TTM)
30.8%
Dividend CAGR (3Y / 5Y / 10Y)
3Y-6.4%5Y-11.8%10Y-5.1%
Consecutive Growth Years
0
as of 2025
Years Without a Cut
2
as of 2025
Total Shareholder Yield (TTM)
6.30%
Div 4.10% + Net buyback 2.20%
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)
6.3%
Dividends 4.1% + Net buybacks 2.2%
Net Buyback (TTM)
€3.85B
Gross €3.87B − Issuance €19M
SBC (TTM)
€0
Share-based compensation, dilution driver
Net share-count change % / yr
Annual dividend growth
Dividend growth is accelerating (0.0% latest vs -17.6% 3-yr avg).
| Year | DPS (regular sum, USD) | Change | Hikes | |
|---|---|---|---|---|
| 2025 | 1.11 | 0.0% | 0 | |
| 2024 | 1.11 | 0.0% | 0 | |
| 2023 | 1.11 | -17.9% | 0 | |
| 2022 | 1.35 | -35.0% | 0 | |
| 2021 | 2.08 | 0.0% | 0 | |
| 2020 | 2.08 | +2.0% | 1 | |
| 2019 | 2.04 | +2.0% | 1 | |
| 2018 | 2.00 | +2.0% | 1 | |
| 2017 | 1.96 | +2.1% | 1 | |
| 2016 | 1.92 | +2.1% | 1 | |
| 2015 | 1.88 | +2.2% | 1 | |
| 2014 | 1.84 | +2.2% | 1 | |
| 2013 | 1.80 | +2.3% | 1 | |
| 2012 | 1.76 | +2.3% | 1 | |
| 2011 | 1.72 | +2.4% | 1 |
Special dividends are excluded from these figures. Based on 124 regular payments.
Payment history (124 payments)
| Δ% | Type | Frequency | Declaration | Record | Pay date | ||
|---|---|---|---|---|---|---|---|
| 2026-01-12 | $0.2775 | 0.0% | Cash | quarterly | - | 2026-01-12 | 2026-02-02 |
| 2025-10-10 | $0.2775 | 0.0% | Cash | quarterly | - | 2025-10-10 | 2025-11-03 |
| 2025-07-10 | $0.2775 | 0.0% | Cash | quarterly | - | 2025-07-10 | 2025-08-01 |
| 2025-04-10 | $0.2775 | 0.0% | Cash | quarterly | - | 2025-04-10 | 2025-05-01 |
| 2025-01-10 | $0.2775 | 0.0% | Cash | quarterly | - | 2025-01-10 | 2025-02-03 |
| 2024-10-10 | $0.2775 | 0.0% | Cash | quarterly | - | 2024-10-10 | 2024-11-01 |
| 2024-07-10 | $0.2775 | 0.0% | Cash | quarterly | - | 2024-07-10 | 2024-08-01 |
| 2024-04-09 | $0.2775 | 0.0% | Cash | quarterly | - | 2024-04-10 | 2024-05-01 |
| 2024-01-09 | $0.2775 | 0.0% | Cash | quarterly | - | 2024-01-10 | 2024-02-01 |
| 2023-10-06 | $0.2775 | 0.0% | Cash | quarterly | - | 2023-10-10 | 2023-11-01 |
| 2023-07-07 | $0.2775 | 0.0% | Cash | quarterly | - | 2023-07-10 | 2023-08-01 |
| 2023-04-06 | $0.2775 | 0.0% | Cash | quarterly | - | 2023-04-10 | 2023-05-01 |
| 2023-01-09 | $0.2775 | 0.0% | Cash | quarterly | - | 2023-01-10 | 2023-02-01 |
| 2022-10-06 | $0.2775 | 0.0% | Cash | quarterly | - | 2022-10-10 | 2022-11-01 |
| 2022-07-08 | $0.2775 | 0.0% | Cash | quarterly | - | 2022-07-11 | 2022-08-01 |
| 2022-04-13 | $0.2775 | -46.6% | Cash | quarterly | - | 2022-04-14 | 2022-05-02 |
| 2022-01-07 | $0.52 | 0.0% | Cash | quarterly | - | 2022-01-10 | 2022-02-01 |
| 2021-10-07 | $0.52 | 0.0% | Cash | quarterly | - | 2021-10-11 | 2021-11-01 |
| 2021-07-08 | $0.52 | 0.0% | Cash | quarterly | - | 2021-07-09 | 2021-08-02 |
| 2021-04-08 | $0.52 | 0.0% | Cash | quarterly | - | 2021-04-09 | 2021-05-03 |
| 2021-01-08 | $0.52 | 0.0% | Cash | quarterly | - | 2021-01-11 | 2021-02-01 |
| 2020-10-08 | $0.52 | 0.0% | Cash | quarterly | - | 2020-10-12 | 2020-11-02 |
| 2020-07-09 | $0.52 | 0.0% | Cash | quarterly | - | 2020-07-10 | 2020-08-03 |
| 2020-04-08 | $0.52 | 0.0% | Cash | quarterly | - | 2020-04-09 | 2020-05-01 |
| 2020-01-09 | $0.52 | +2.0% | Cash | quarterly | - | 2020-01-10 | 2020-02-03 |
| 2019-10-09 | $0.51 | 0.0% | Cash | quarterly | - | 2019-10-10 | 2019-11-01 |
| 2019-07-09 | $0.51 | 0.0% | Cash | quarterly | - | 2019-07-10 | 2019-08-01 |
| 2019-04-09 | $0.51 | 0.0% | Cash | quarterly | - | 2019-04-10 | 2019-05-01 |
| 2019-01-09 | $0.51 | +2.0% | Cash | quarterly | - | 2019-01-10 | 2019-02-01 |
| 2018-10-09 | $0.5 | 0.0% | Cash | quarterly | - | 2018-10-10 | 2018-11-01 |
| 2018-07-09 | $0.5 | 0.0% | Cash | quarterly | - | 2018-07-10 | 2018-08-01 |
| 2018-04-09 | $0.5 | 0.0% | Cash | quarterly | - | 2018-04-10 | 2018-05-01 |
| 2018-01-09 | $0.5 | +2.0% | Cash | quarterly | - | 2018-01-10 | 2018-02-01 |
| 2017-10-06 | $0.49 | 0.0% | Cash | quarterly | - | 2017-10-10 | 2017-11-01 |
| 2017-07-06 | $0.49 | 0.0% | Cash | quarterly | - | 2017-07-10 | 2017-08-01 |
| 2017-04-06 | $0.49 | 0.0% | Cash | quarterly | - | 2017-04-10 | 2017-05-01 |
| 2017-01-06 | $0.49 | +2.1% | Cash | quarterly | - | 2017-01-10 | 2017-02-01 |
| 2016-10-05 | $0.48 | 0.0% | Cash | quarterly | - | 2016-10-10 | 2016-11-01 |
| 2016-07-06 | $0.48 | 0.0% | Cash | quarterly | - | 2016-07-08 | 2016-08-01 |
| 2016-04-06 | $0.48 | 0.0% | Cash | quarterly | - | 2016-04-08 | 2016-05-02 |
| 2016-01-06 | $0.48 | +2.1% | Cash | quarterly | - | 2016-01-08 | 2016-02-01 |
| 2015-10-07 | $0.47 | 0.0% | Cash | quarterly | - | 2015-10-09 | 2015-11-02 |
| 2015-07-08 | $0.47 | 0.0% | Cash | quarterly | - | 2015-07-10 | 2015-08-03 |
| 2015-04-08 | $0.47 | 0.0% | Cash | quarterly | - | 2015-04-10 | 2015-05-01 |
| 2015-01-07 | $0.47 | +2.2% | Cash | quarterly | - | 2015-01-09 | 2015-02-02 |
| 2014-10-08 | $0.46 | 0.0% | Cash | quarterly | - | 2014-10-10 | 2014-11-03 |
| 2014-07-08 | $0.46 | 0.0% | Cash | quarterly | - | 2014-07-10 | 2014-08-01 |
| 2014-04-08 | $0.46 | 0.0% | Cash | quarterly | - | 2014-04-10 | 2014-05-01 |
| 2014-01-08 | $0.46 | +2.2% | Cash | quarterly | - | 2014-01-10 | 2014-02-03 |
| 2013-10-08 | $0.45 | 0.0% | Cash | quarterly | - | 2013-10-10 | 2013-11-01 |
| 2013-07-08 | $0.45 | 0.0% | Cash | quarterly | - | 2013-07-10 | 2013-08-01 |
| 2013-04-08 | $0.45 | 0.0% | Cash | quarterly | - | 2013-04-10 | 2013-05-01 |
| 2013-01-08 | $0.45 | +2.3% | Cash | quarterly | - | 2013-01-10 | 2013-02-01 |
| 2012-10-05 | $0.44 | 0.0% | Cash | quarterly | - | 2012-10-10 | 2012-11-01 |
| 2012-07-06 | $0.44 | 0.0% | Cash | quarterly | - | 2012-07-10 | 2012-08-01 |
| 2012-04-05 | $0.44 | 0.0% | Cash | quarterly | - | 2012-04-10 | 2012-05-01 |
| 2012-01-06 | $0.44 | +2.3% | Cash | quarterly | - | 2012-01-10 | 2012-02-01 |
| 2011-10-05 | $0.43 | 0.0% | Cash | quarterly | - | 2011-10-10 | 2011-11-01 |
| 2011-07-06 | $0.43 | 0.0% | Cash | quarterly | - | 2011-07-08 | 2011-08-01 |
| 2011-04-06 | $0.43 | 0.0% | Cash | quarterly | - | 2011-04-08 | 2011-05-02 |
| 2011-01-06 | $0.43 | +2.4% | Cash | quarterly | - | 2011-01-10 | 2011-02-01 |
| 2010-10-06 | $0.42 | 0.0% | Cash | quarterly | - | 2010-10-08 | 2010-11-01 |
| 2010-07-07 | $0.42 | 0.0% | Cash | quarterly | - | 2010-07-09 | 2010-08-02 |
| 2010-04-07 | $0.42 | 0.0% | Cash | quarterly | - | 2010-04-09 | 2010-05-03 |
| 2010-01-06 | $0.42 | +2.4% | Cash | quarterly | - | 2010-01-08 | 2010-02-01 |
| 2009-10-07 | $0.41 | 0.0% | Cash | quarterly | - | 2009-10-09 | 2009-11-02 |
| 2009-07-08 | $0.41 | 0.0% | Cash | quarterly | - | 2009-07-10 | 2009-08-03 |
| 2009-04-07 | $0.41 | 0.0% | Cash | quarterly | - | 2009-04-09 | 2009-05-01 |
| 2009-01-07 | $0.41 | +2.5% | Cash | quarterly | - | 2009-01-09 | 2009-02-02 |
| 2008-10-08 | $0.4 | 0.0% | Cash | quarterly | - | 2008-10-10 | 2008-11-03 |
| 2008-07-08 | $0.4 | 0.0% | Cash | quarterly | - | 2008-07-10 | 2008-08-01 |
| 2008-04-08 | $0.4 | 0.0% | Cash | quarterly | - | 2008-04-10 | 2008-05-01 |
| 2008-01-08 | $0.4 | +12.7% | Cash | quarterly | - | 2008-01-10 | 2008-02-01 |
| 2007-10-05 | $0.355 | 0.0% | Cash | quarterly | - | 2007-10-10 | 2007-11-01 |
| 2007-07-06 | $0.355 | 0.0% | Cash | quarterly | - | 2007-07-10 | 2007-08-01 |
| 2007-04-05 | $0.355 | 0.0% | Cash | quarterly | - | 2007-04-10 | 2007-05-01 |
| 2007-01-08 | $0.355 | +6.8% | Cash | quarterly | - | 2007-01-10 | 2007-02-01 |
| 2006-10-05 | $0.3325 | 0.0% | Cash | quarterly | - | 2006-10-10 | 2006-11-01 |
| 2006-07-06 | $0.3325 | 0.0% | Cash | quarterly | - | 2006-07-10 | 2006-08-01 |
| 2006-04-06 | $0.3325 | 0.0% | Cash | quarterly | - | 2006-04-10 | 2006-05-01 |
| 2006-01-06 | $0.3325 | +3.1% | Cash | quarterly | - | 2006-01-10 | 2006-02-01 |
| 2005-10-05 | $0.3225 | 0.0% | Cash | quarterly | - | 2005-10-10 | 2005-11-01 |
| 2005-07-06 | $0.3225 | 0.0% | Cash | quarterly | - | 2005-07-08 | 2005-08-01 |
| 2005-04-06 | $0.3225 | 0.0% | Cash | quarterly | - | 2005-04-08 | 2005-05-02 |
| 2005-01-06 | $0.3225 | +3.2% | Cash | quarterly | - | 2005-01-10 | 2005-02-01 |
| 2004-10-06 | $0.3125 | 0.0% | Cash | quarterly | - | 2004-10-08 | 2004-11-01 |
| 2004-07-07 | $0.3125 | 0.0% | Cash | quarterly | - | 2004-07-10 | 2004-08-02 |
| 2004-04-06 | $0.3125 | 0.0% | Cash | quarterly | - | 2004-04-10 | 2004-05-03 |
| 2004-01-07 | $0.3125 | +10.6% | Cash | quarterly | - | 2004-01-10 | 2004-02-02 |
| 2003-10-08 | $0.2825 | 0.0% | Cash | quarterly | - | 2003-10-10 | 2003-11-03 |
| 2003-07-08 | $0.2825 | 0.0% | Cash | quarterly | - | 2003-07-10 | 2003-08-01 |
| 2003-04-08 | $0.2825 | +4.6% | Cash | quarterly | - | 2003-04-10 | 2003-05-01 |
| 2003-01-08 | $0.27 | 0.0% | Cash | quarterly | - | 2003-01-10 | 2003-02-03 |
| 2002-10-08 | $0.27 | 0.0% | Cash | quarterly | - | 2002-10-10 | 2002-11-01 |
| 2002-07-08 | $0.27 | 0.0% | Cash | quarterly | - | 2002-07-10 | 2002-08-01 |
| 2002-04-08 | $0.27 | +5.4% | Cash | quarterly | - | 2002-04-10 | 2002-05-01 |
| 2002-01-08 | $0.2563 | 0.0% | Cash | quarterly | - | 2002-01-10 | 2002-02-01 |
| 2001-10-05 | $0.2563 | 0.0% | Cash | quarterly | - | 2001-10-10 | 2001-11-01 |
| 2001-07-06 | $0.2563 | 0.0% | Cash | quarterly | - | 2001-07-10 | 2001-08-01 |
| 2001-04-06 | $0.2563 | +1.0% | Cash | quarterly | - | 2001-04-10 | 2001-05-01 |
| 2001-01-08 | $0.2538 | 0.0% | Cash | quarterly | - | 2001-01-10 | 2001-02-01 |
| 2000-10-05 | $0.2538 | 0.0% | Cash | quarterly | - | 2000-10-10 | 2000-11-01 |
| 2000-07-06 | $0.2538 | 0.0% | Cash | quarterly | - | 2000-07-10 | 2000-08-01 |
| 2000-04-06 | $0.2538 | +4.1% | Cash | quarterly | - | 2000-04-10 | 2000-05-01 |
| 2000-01-06 | $0.2438 | 0.0% | Cash | quarterly | - | 2000-01-10 | 2000-02-01 |
| 1999-09-07 | $0.2438 | 0.0% | Cash | quarterly | - | 1999-09-09 | 1999-11-01 |
| 1999-07-07 | $0.2438 | 0.0% | Cash | quarterly | - | 1999-07-10 | 1999-08-02 |
| 1999-04-07 | $0.2438 | +4.3% | Cash | quarterly | - | 1999-04-10 | 1999-05-03 |
| 1999-01-06 | $0.2338 | 0.0% | Cash | quarterly | - | 1999-01-10 | 1999-02-01 |
| 1998-10-07 | $0.2338 | 0.0% | Cash | quarterly | - | 1998-10-10 | 1998-11-02 |
| 1998-07-08 | $0.2338 | 0.0% | Cash | quarterly | - | 1998-07-10 | 1998-08-03 |
| 1998-04-07 | $0.2338 | -47.8% | Cash | quarterly | - | 1998-04-10 | 1998-05-01 |
| 1998-01-07 | $0.4475 | 0.0% | Cash | quarterly | - | 1998-01-10 | 1998-02-02 |
| 1997-10-08 | $0.4475 | 0.0% | Cash | quarterly | - | 1997-10-10 | 1997-11-03 |
| 1997-07-08 | $0.4475 | 0.0% | Cash | quarterly | - | 1997-07-10 | 1997-08-01 |
| 1997-03-25 | $0.4475 | +4.1% | Cash | quarterly | - | 1997-03-28 | 1997-05-01 |
| 1997-01-08 | $0.43 | 0.0% | Cash | quarterly | - | 1997-01-10 | 1997-02-03 |
| 1996-10-08 | $0.43 | 0.0% | Cash | quarterly | - | 1996-10-10 | 1996-11-01 |
| 1996-07-08 | $0.43 | 0.0% | Cash | quarterly | - | 1996-07-10 | 1996-08-01 |
| 1996-04-08 | $0.43 | +4.2% | Cash | quarterly | - | 1996-04-10 | 1996-05-01 |
| 1996-01-08 | $0.4125 | 0.0% | Cash | quarterly | - | 1996-01-10 | 1996-02-01 |
| 1995-10-05 | $0.4125 | 0.0% | Cash | quarterly | - | 1995-10-10 | 1995-11-01 |
| 1995-07-06 | $0.4125 | +4.4% | Cash | quarterly | - | 1995-07-10 | 1995-08-01 |
| 1995-01-04 | $0.395 | – | Cash | quarterly | - | 1995-01-10 | 1995-02-01 |
Amounts are in the declared currency; the listing currency is EUR.
No splits on record.