Reported quarterly values; no daily interpolation.
+0.6pp over 10Y
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Annual Dividend History(ex-date basis)
Year
Dividend/Share
YoY Growth
2026(YTD)
$2.08
Not comparable
2025
$2.70
+3.95%
2024
$2.60
+4.64%
2023
$2.48
+6.44%
2022
$2.33
+7.00%
2021
$2.18
+6.22%
2020
$2.05
+6.22%
2019
$1.93
+11.24%
Dividend Yield Metrics
Current Yield
3.41%
Average Yield (TTM)
3.40%
Average Yield (3Y)
4.27%
Forward Yield on Cost (3Y)
4.00%
Forward Yield on Cost (5Y)
4.45%
Forward Yield on Cost (10Y)
5.82%
Payout Ratio Analysis
Payout Ratio (Current)
70.37%
FCF Payout Ratio
N/A
Payout Ratio (3Y Avg)
73.06%
Payout Ratio (5Y Avg)
69.43%
FCF Payout (3Y Avg)
177.10%
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
70.4%
Dividends / net income
FCF Payout Ratio
N/A
Dividends / free cash flow
Consecutive Years
22 years
Consecutive years of dividend increases
5Y Dividend Growth
5.6%
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.