This step chart displays the nominal dividend payouts over time by ex-dividend date (the date you must own the stock by to receive each payment), matching the distribution frequency.
Reported quarterly values; no daily interpolation.
-0.7pp over 10Y
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Annual Dividend History(payment-date basis)
Year
Dividend/Share
YoY Growth
2026(YTD)
$11.46
Not comparable
2025
$20.84
+2.16%
2024
$20.40
+2.00%
2023
$20.00
+2.46%
2022
$19.52
+18.16%
2021
$16.52
+13.77%
2020
$14.52
+10.00%
2019
$13.20
+9.82%
Dividend Yield Metrics
Current Yield
1.95%
Average Yield (TTM)
1.98%
Average Yield (3Y)
2.42%
Forward Yield on Cost (3Y)
2.32%
Forward Yield on Cost (5Y)
2.61%
Forward Yield on Cost (10Y)
3.48%
Payout Ratio Analysis
Payout Ratio (Current)
52.29%
FCF Payout Ratio
146.12%
Payout Ratio (3Y Avg)
53.50%
Payout Ratio (5Y Avg)
52.00%
FCF Payout (3Y Avg)
78.07%
FCF Payout (5Y Avg)
71.09%
An FCF payout above 100% means dividends exceeded the period's free cash flow, often because of temporarily depressed FCF (one-off capex or working-capital swings) rather than an unfunded dividend. Compare against the earnings payout ratio and the multi-year trend before drawing a conclusion.
