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.
-0.3pp over 10Y
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Annual Dividend History(payment-date basis)
Year
Dividend/Share
YoY Growth
2026(YTD)
$1.66
Not comparable
2025
$2.16
+3.85%
2024
$2.08
+5.05%
2023
$1.98
+5.32%
2022
$1.88
+4.44%
2021
$1.80
+1.12%
2020
$1.78
+1.42%
2019
$1.75
+2.33%
Dividend Yield Metrics
Current Yield
5.67%
Average Yield (TTM)
6.27%
Average Yield (3Y)
7.15%
Forward Yield on Cost (3Y)
6.50%
Forward Yield on Cost (5Y)
7.12%
Forward Yield on Cost (10Y)
8.94%
Payout Ratio Analysis
Payout Ratio (Current)
76.58%
FCF Payout Ratio
139.44%
Payout Ratio (3Y Avg)
78.93%
Payout Ratio (5Y Avg)
79.46%
FCF Payout (3Y Avg)
128.50%
FCF Payout (5Y Avg)
103.08%
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.
