Reported quarterly values; no daily interpolation.
+3.0pp over 10Y
tgmcharts.com
Annual Dividend History(ex-date basis)
Year
Dividend/Share
YoY Growth
2026(YTD)
$1.23
Not comparable
2025
$1.61
+6.62%
2024
$1.51
+8.63%
2023
$1.39
+10.76%
2022
$1.25
+11.06%
2021
$1.13
+11.88%
2020
$1.01
+11.60%
2019
$0.91
+10.37%
Dividend Yield Metrics
Current Yield
4.30%
Average Yield (TTM)
3.15%
Average Yield (3Y)
1.77%
Forward Yield on Cost (3Y)
5.61%
Forward Yield on Cost (5Y)
6.70%
Forward Yield on Cost (10Y)
10.43%
Payout Ratio Analysis
Payout Ratio (Current)
78.08%
FCF Payout Ratio
111.33%
Payout Ratio (3Y Avg)
52.29%
Payout Ratio (5Y Avg)
44.13%
FCF Payout (3Y Avg)
50.68%
FCF Payout (5Y Avg)
45.32%
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
78.1%
Dividends / net income
FCF Payout Ratio
111.3%
Dividends / free cash flow
Consecutive Years
24 years
Consecutive years of dividend increases
5Y Dividend Growth
9.8%
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.
