Reported quarterly values; no daily interpolation.
+0.8pp over 10Y
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Annual Dividend History(ex-date basis)
Year
Dividend/Share
YoY Growth
2026(YTD)
$1.39
Not comparable
2025
$1.85
+0.00%
2024
$1.85
+0.00%
2023
$1.85
+0.00%
2022
$1.85
-3.64%
2021
$1.92
-1.20%
2020
$1.94
+1.94%
2019
$1.91
+4.57%
Dividend Yield Metrics
Current Yield
4.97%
Average Yield (TTM)
4.76%
Average Yield (3Y)
4.45%
Forward Yield on Cost (3Y)
4.83%
Forward Yield on Cost (5Y)
4.74%
Forward Yield on Cost (10Y)
4.53%
Payout Ratio Analysis
Payout Ratio (Current)
158.13%
FCF Payout Ratio
198.54%
Payout Ratio (3Y Avg)
127.73%
Payout Ratio (5Y Avg)
116.77%
FCF Payout (3Y Avg)
77.23%
FCF Payout (5Y Avg)
63.02%
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
158.1%
Dividends / net income
FCF Payout Ratio
198.5%
Dividends / free cash flow
Consecutive Years
N/A
Consecutive years of dividend increases
5Y Dividend Growth
-1.0%
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.
