Dividend Yield (TTM)
1.09%
vs 5Y avg 3.50% · 10Y avg 2.54% · price: vendor quote
Dividend Yield (Forward)
2.16%
4 payments/yr (spacing)
Dividends / Share (TTM)
$1.20
Forward (annualized): $2.40
Payout Ratio (EPS, TTM)
33.2%
Payout Ratio (FCF, TTM)
—
Dividend CAGR (3Y / 5Y / 10Y)
3Y4.4%5Y2.6%10Y30.7%
Consecutive Growth Years
3
as of 2025
Years Without a Cut
7
as of 2025
Total Shareholder Yield (TTM)
9.63%
Div 2.80% + Net buyback 6.83%
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)
9.6%
Dividends 2.8% + Net buybacks 6.8%
Net Buyback (TTM)
€11.46B
Gross €11.46B − Issuance €0
SBC (TTM)
€0
Share-based compensation, dilution driver
Net share-count change % / yr
Annual dividend growth
Dividend growth is accelerating (6.4% latest vs 2.3% 3-yr avg).
| Year | DPS (regular sum, USD) | Change | Hikes | |
|---|---|---|---|---|
| 2025 | 2.32 | +6.4% | 1 | |
| 2024 | 2.18 | +4.8% | 1 | |
| 2023 | 2.08 | +2.0% | 1 | |
| 2022 | 2.04 | 0.0% | 0 | |
| 2021 | 2.04 | 0.0% | 0 | |
| 2020 | 2.04 | +300.0% | 0 | |
| 2019 | 0.51 | +59.4% | 1 | |
| 2018 | 0.32 | -66.7% | 0 | |
| 2017 | 0.96 | +128.6% | 1 | |
| 2016 | 0.42 | +162.5% | 1 | |
| 2015 | 0.16 | +300.0% | 1 | |
| 2014 | 0.04 | 0.0% | 0 | |
| 2013 | 0.04 | 0.0% | 0 | |
| 2012 | 0.04 | +33.3% | 0 | |
| 2011 | 0.03 | — | 0 |
Special dividends are excluded from these figures. Based on 96 regular payments.
Payment history (96 payments)
| Δ% | Type | Frequency | Declaration | Record | Pay date | ||
|---|---|---|---|---|---|---|---|
| 2026-02-02 | $0.6 | 0.0% | Cash | quarterly | - | 2026-02-02 | 2026-02-27 |
| 2025-11-03 | $0.6 | 0.0% | Cash | quarterly | - | 2025-11-03 | 2025-11-26 |
| 2025-08-04 | $0.6 | +7.1% | Cash | quarterly | - | 2025-08-04 | 2025-08-22 |
| 2025-05-05 | $0.56 | 0.0% | Cash | quarterly | - | 2025-05-05 | 2025-05-23 |
| 2025-02-03 | $0.56 | 0.0% | Cash | quarterly | - | 2025-02-03 | 2025-02-28 |
| 2024-11-04 | $0.56 | 0.0% | Cash | quarterly | - | 2024-11-04 | 2024-11-22 |
| 2024-08-05 | $0.56 | +5.7% | Cash | quarterly | - | 2024-08-05 | 2024-08-23 |
| 2024-05-03 | $0.53 | 0.0% | Cash | quarterly | - | 2024-05-06 | 2024-05-24 |
| 2024-02-02 | $0.53 | 0.0% | Cash | quarterly | - | 2024-02-05 | 2024-02-23 |
| 2023-11-03 | $0.53 | 0.0% | Cash | quarterly | - | 2023-11-06 | 2023-11-22 |
| 2023-08-04 | $0.53 | +3.9% | Cash | quarterly | - | 2023-08-07 | 2023-08-25 |
| 2023-04-28 | $0.51 | 0.0% | Cash | quarterly | - | 2023-05-01 | 2023-05-26 |
| 2023-02-03 | $0.51 | 0.0% | Cash | quarterly | - | 2023-02-06 | 2023-02-24 |
| 2022-11-04 | $0.51 | 0.0% | Cash | quarterly | - | 2022-11-07 | 2022-11-23 |
| 2022-07-29 | $0.51 | 0.0% | Cash | quarterly | - | 2022-08-01 | 2022-08-26 |
| 2022-04-29 | $0.51 | 0.0% | Cash | quarterly | - | 2022-05-02 | 2022-05-27 |
| 2022-02-04 | $0.51 | 0.0% | Cash | quarterly | - | 2022-02-07 | 2022-02-25 |
| 2021-10-29 | $0.51 | 0.0% | Cash | quarterly | - | 2021-11-01 | 2021-11-24 |
| 2021-07-30 | $0.51 | 0.0% | Cash | quarterly | - | 2021-08-02 | 2021-08-27 |
| 2021-04-30 | $0.51 | 0.0% | Cash | quarterly | - | 2021-05-03 | 2021-05-28 |
| 2021-01-29 | $0.51 | 0.0% | Cash | quarterly | - | 2021-02-01 | 2021-02-26 |
| 2020-10-30 | $0.51 | 0.0% | Cash | quarterly | - | 2020-11-02 | 2020-11-25 |
| 2020-07-31 | $0.51 | 0.0% | Cash | quarterly | - | 2020-08-03 | 2020-08-28 |
| 2020-05-04 | $0.51 | 0.0% | Cash | quarterly | - | 2020-05-04 | 2020-05-22 |
| 2020-01-31 | $0.51 | 0.0% | Cash | quarterly | - | 2020-02-03 | 2020-02-28 |
| 2019-11-01 | $0.51 | +59.4% | Cash | quarterly | - | 2019-11-04 | 2019-11-22 |
| 2018-02-02 | $0.32 | 0.0% | Cash | quarterly | - | 2018-02-05 | 2018-02-23 |
| 2017-11-03 | $0.32 | 0.0% | Cash | quarterly | - | 2017-11-06 | 2017-11-22 |
| 2017-08-03 | $0.32 | +100.0% | Cash | quarterly | - | 2017-08-07 | 2017-08-25 |
| 2017-04-27 | $0.16 | 0.0% | Cash | quarterly | - | 2017-05-01 | 2017-05-26 |
| 2017-02-02 | $0.16 | 0.0% | Cash | quarterly | - | 2017-02-06 | 2017-02-24 |
| 2016-11-03 | $0.16 | 0.0% | Cash | quarterly | - | 2016-11-07 | 2016-11-23 |
| 2016-07-28 | $0.16 | +220.0% | Cash | quarterly | - | 2016-08-01 | 2016-08-26 |
| 2016-04-28 | $0.05 | 0.0% | Cash | quarterly | - | 2016-05-02 | 2016-05-27 |
| 2016-01-28 | $0.05 | 0.0% | Cash | quarterly | - | 2016-02-01 | 2016-02-26 |
| 2015-10-29 | $0.05 | 0.0% | Cash | quarterly | - | 2015-11-02 | 2015-11-25 |
| 2015-07-30 | $0.05 | 0.0% | Cash | quarterly | - | 2015-08-03 | 2015-08-28 |
| 2015-05-07 | $0.05 | +400.0% | Cash | quarterly | - | 2015-05-11 | 2015-05-22 |
| 2015-01-29 | $0.01 | 0.0% | Cash | quarterly | - | 2015-02-02 | 2015-02-27 |
| 2014-10-30 | $0.01 | 0.0% | Cash | quarterly | - | 2014-11-03 | 2014-11-26 |
| 2014-07-31 | $0.01 | 0.0% | Cash | quarterly | - | 2014-08-04 | 2014-08-22 |
| 2014-05-02 | $0.01 | 0.0% | Cash | quarterly | - | 2014-05-05 | 2014-05-23 |
| 2014-01-30 | $0.01 | 0.0% | Cash | quarterly | - | 2014-02-03 | 2014-02-28 |
| 2013-10-30 | $0.01 | 0.0% | Cash | quarterly | - | 2013-11-04 | 2013-11-22 |
| 2013-08-01 | $0.01 | 0.0% | Cash | quarterly | - | 2013-08-05 | 2013-08-23 |
| 2013-05-02 | $0.01 | 0.0% | Cash | quarterly | - | 2013-05-06 | 2013-05-24 |
| 2013-01-31 | $0.01 | 0.0% | Cash | quarterly | - | 2013-02-04 | 2013-02-22 |
| 2012-11-01 | $0.01 | 0.0% | Cash | quarterly | - | 2012-11-05 | 2012-11-21 |
| 2012-08-02 | $0.01 | 0.0% | Cash | quarterly | - | 2012-08-06 | 2012-08-24 |
| 2012-05-03 | $0.01 | 0.0% | Cash | quarterly | - | 2012-05-07 | 2012-05-25 |
| 2012-02-02 | $0.01 | 0.0% | Cash | quarterly | - | 2012-02-06 | 2012-02-24 |
| 2011-11-03 | $0.01 | 0.0% | Cash | quarterly | - | 2011-11-07 | 2011-11-23 |
| 2011-07-28 | $0.01 | 0.0% | Cash | quarterly | - | 2011-08-01 | 2011-08-26 |
| 2011-05-25 | $0.01 | -90.0% | Cash | quarterly | - | 2011-05-27 | 2011-06-17 |
| 2009-01-29 | $0.1 | -93.8% | Cash | quarterly | - | 2009-02-02 | 2009-02-27 |
| 2008-10-30 | $1.6 | -50.0% | Cash | quarterly | - | 2008-11-03 | 2008-11-26 |
| 2008-07-31 | $3.2 | 0.0% | Cash | quarterly | - | 2008-08-04 | 2008-08-22 |
| 2008-05-02 | $3.2 | 0.0% | Cash | quarterly | - | 2008-05-05 | 2008-05-23 |
| 2008-01-31 | $3.2 | -40.7% | Cash | quarterly | - | 2008-02-04 | 2008-02-22 |
| 2007-11-01 | $5.4 | 0.0% | Cash | quarterly | - | 2007-11-05 | 2007-11-21 |
| 2007-08-02 | $5.4 | 0.0% | Cash | quarterly | - | 2007-08-06 | 2007-08-24 |
| 2007-05-03 | $5.4 | 0.0% | Cash | quarterly | - | 2007-05-07 | 2007-05-25 |
| 2007-02-01 | $5.4 | +10.2% | Cash | quarterly | - | 2007-02-05 | 2007-02-23 |
| 2006-11-02 | $4.9 | 0.0% | Cash | quarterly | - | 2006-11-06 | 2006-11-22 |
| 2006-08-03 | $4.9 | 0.0% | Cash | quarterly | - | 2006-08-07 | 2006-08-25 |
| 2006-04-27 | $4.9 | 0.0% | Cash | quarterly | - | 2006-05-01 | 2006-05-26 |
| 2006-02-02 | $4.9 | +11.4% | Cash | quarterly | - | 2006-02-06 | 2006-02-24 |
| 2005-11-03 | $4.4 | 0.0% | Cash | quarterly | - | 2005-11-07 | 2005-11-23 |
| 2005-07-28 | $4.4 | 0.0% | Cash | quarterly | - | 2005-08-01 | 2005-08-26 |
| 2005-04-28 | $4.4 | 0.0% | Cash | quarterly | - | 2005-05-02 | 2005-05-27 |
| 2005-02-03 | $4.4 | +10.0% | Cash | quarterly | - | 2005-02-07 | 2005-02-25 |
| 2004-10-28 | $4 | 0.0% | Cash | quarterly | - | 2004-11-01 | 2004-11-24 |
| 2004-07-29 | $4 | 0.0% | Cash | quarterly | - | 2004-08-02 | 2004-08-27 |
| 2004-04-29 | $4 | 0.0% | Cash | quarterly | - | 2004-05-03 | 2004-05-28 |
| 2004-01-29 | $4 | +14.3% | Cash | quarterly | - | 2004-02-02 | 2004-02-27 |
| 2003-10-30 | $3.5 | 0.0% | Cash | quarterly | - | 2003-11-03 | 2003-11-26 |
| 2003-07-31 | $3.5 | +75.0% | Cash | quarterly | - | 2003-08-04 | 2003-08-22 |
| 2003-05-01 | $2 | 0.0% | Cash | quarterly | - | 2003-05-05 | 2003-05-23 |
| 2003-01-30 | $2 | +11.1% | Cash | quarterly | - | 2003-02-03 | 2003-02-28 |
| 2002-10-31 | $1.8 | 0.0% | Cash | quarterly | - | 2002-11-04 | 2002-11-22 |
| 2002-08-01 | $1.8 | 0.0% | Cash | quarterly | - | 2002-08-05 | 2002-08-23 |
| 2002-05-02 | $1.8 | +12.5% | Cash | quarterly | - | 2002-05-06 | 2002-05-24 |
| 2002-01-31 | $1.6 | 0.0% | Cash | quarterly | - | 2002-02-04 | 2002-02-22 |
| 2001-11-01 | $1.6 | 0.0% | Cash | quarterly | - | 2001-11-05 | 2001-11-21 |
| 2001-08-02 | $1.6 | +14.3% | Cash | quarterly | - | 2001-08-06 | 2001-08-24 |
| 2001-05-03 | $1.4 | 0.0% | Cash | quarterly | - | 2001-05-07 | 2001-05-25 |
| 2001-02-01 | $1.4 | 0.0% | Cash | quarterly | - | 2001-02-05 | 2001-02-23 |
| 2000-11-02 | $1.4 | 0.0% | Cash | quarterly | - | 2000-11-06 | 2000-11-22 |
| 2000-08-03 | $1.4 | -12.5% | Cash | quarterly | - | 2000-08-07 | 2000-08-25 |
| 2000-04-27 | $1.6 | 0.0% | Cash | quarterly | - | 2000-05-01 | 2000-05-26 |
| 2000-02-03 | $1.6 | +14.3% | Cash | quarterly | - | 2000-02-07 | 2000-02-25 |
| 1999-10-28 | $1.4 | 0.0% | Cash | quarterly | - | 1999-11-01 | 1999-11-24 |
| 1999-07-29 | $1.4 | -33.3% | Cash | quarterly | - | 1999-08-02 | 1999-08-27 |
| 1999-04-29 | $2.1 | +16.7% | Cash | quarterly | - | 1999-05-03 | 1999-05-28 |
| 1999-01-28 | $1.8 | 0.0% | Cash | quarterly | - | 1999-02-01 | 1999-02-26 |
| 1998-10-29 | $1.8 | – | Cash | quarterly | - | 1998-11-02 | 1998-11-25 |
Amounts are in the declared currency; the listing currency is EUR.
No splits on record.