Reported quarterly values; no daily interpolation.
-2.0pp over 10Y
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Annual Dividend History(payment-date basis)
Year
Dividend/Share
YoY Growth
2026(YTD)
$1.92
Not comparable
2025
$2.44
+6.32%
2024
$2.29
+5.76%
2023
$2.17
+5.85%
2022
$2.05
+6.22%
2021
$1.93
+3.21%
2020
$1.87
+2.19%
2019
$1.83
+2.23%
Dividend Yield Metrics
Current Yield
2.39%
Average Yield (TTM)
2.40%
Average Yield (3Y)
3.66%
Forward Yield on Cost (3Y)
2.85%
Forward Yield on Cost (5Y)
3.20%
Forward Yield on Cost (10Y)
4.29%
Payout Ratio Analysis
Payout Ratio (Current)
65.64%
FCF Payout Ratio
N/A
Payout Ratio (3Y Avg)
64.39%
Payout Ratio (5Y Avg)
67.66%
FCF Payout (3Y Avg)
137.15%
FCF Payout (5Y Avg)
N/A
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.
Dividend Coverage
Payout Ratio
65.6%
Dividends / net income
FCF Payout Ratio
N/A
Dividends / free cash flow
Consecutive Years
11 years
Consecutive years of dividend increases
5Y Dividend Growth
5.5%
Compound annual dividend growth
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.