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SAP SE (SAP) Dividend Payout Ratio: 39.46%

Is SAP SE’s dividend payout ratio high or low?

SAP SE's dividend payout ratio of 39.46% is 38% below its 5-year average of 64.14%, near the low end of its 5-year range (35.27%–269.03%).

As of Tuesday, June 23, 2026. 0.56% below its 12-month average of 39.68%.

Dividend Payout Ratio (39.46%) = TTM Dividends/Share ($2.94) / TTM EPS ($7.45)

SAP Dividend Payout Ratio Chart

SAP Dividend Payout Ratio
39.46%-21.45% 1Y
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SAP Average Dividend Payout Ratio Chart

SAP Current vs Average Dividend Payout Ratio Chart

SAP Dividend Payout Ratio Metrics

DIVIDEND PAYOUT RATIO

39.46%

DIVIDEND PAYOUT RATIO AVG TTM

39.68%

DIVIDEND PAYOUT RATIO AVG 3Y

61.27%

DIVIDEND PAYOUT RATIO AVG 5Y

63.49%

DIVIDEND PAYOUT RATIO AVG 10Y

44.03%

DIVIDEND PAYOUT RATIO AVG 15Y

40.76%

DIVIDEND PAYOUT RATIO AVG 20Y

37.60%

CURRENT VS TTM AVG

-0.56%

CURRENT VS 3Y AVG

-35.61%

CURRENT VS 5Y AVG

-37.85%

CURRENT VS 10Y AVG

-10.39%

CURRENT VS 15Y AVG

-3.19%

CURRENT VS 20Y AVG

+4.92%

Annual Payout Ratio History

YearEPSDividendPayout Ratio
2025$7.09$2.6337.1%
2024$2.78$2.3986.2%
2023$5.81$2.2338.5%
2022$2.10$2.61124.4%
2021$5.19$2.2643.5%
2020$5.31$1.7332.6%
2019$3.14$1.6753.3%
2018$3.91$1.6542.3%
2017$4.03$1.3734.0%
2016$3.19$1.3141.0%
2015$2.78$1.2243.9%
2014$3.32$1.3741.2%
2013$3.84$1.1128.9%
2012$3.12$1.3844.3%
2011$3.75$0.8522.7%
2010$2.05$0.6029.2%
2009$2.15$0.6831.7%
2008$2.16$0.7735.7%
2007$2.32$0.6226.7%
2006$2.02$0.4622.8%
2005$1.43$0.3524.2%
2004$1.42$0.2416.6%
2003$1.10$0.1715.7%
2002$0.43$0.1330.5%
2001$0.41$0.1331.4%
2000$0.47$0.1225.2%
1999$0.48$0.1429.3%
1998$0.50$0.1326.3%
1997$0.41$0.000.0%
1996$0.58$0.64110.6%

SAP SE Dividend Payout Ratio Formula & Definition

The payout ratio shows the share of trailing-12-month earnings paid out as dividends. Lower leaves more room to grow the dividend; a ratio persistently above 100% means dividends exceed earnings.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

SAP SE Dividend Payout Ratio FAQ

What is the dividend payout ratio for SAP SE (SAP)?
The dividend payout ratio for SAP stock is 39.46%.
Is SAP SE's dividend payout ratio high or low?
SAP SE's dividend payout ratio of 39.46% is 38% below its 5-year average of 64.14%, near the low end of its 5-year range (35.27%–269.03%).
What is the TTM average dividend payout ratio for SAP SE (SAP)?
The TTM average dividend payout ratio for SAP stock is 39.68%.
What is the 3Y average dividend payout ratio for SAP SE (SAP)?
The 3Y average dividend payout ratio for SAP stock is 61.27%.
What is the 5Y average dividend payout ratio for SAP SE (SAP)?
The 5Y average dividend payout ratio for SAP stock is 63.49%.
What is the 10Y average dividend payout ratio for SAP SE (SAP)?
The 10Y average dividend payout ratio for SAP stock is 44.03%.
What is the 15Y average dividend payout ratio for SAP SE (SAP)?
The 15Y average dividend payout ratio for SAP stock is 40.76%.
What is the 20Y average dividend payout ratio for SAP SE (SAP)?
The 20Y average dividend payout ratio for SAP stock is 37.60%.

SAP SE Dividend Payout Ratio History

DATEDIVIDEND PAYOUT RATIO
2026-06-2239.46%
2026-06-1839.44%
2026-06-1639.45%
2026-06-1239.46%
2026-06-1039.46%
2026-06-0839.46%
2026-06-0439.46%
2026-06-0239.45%
2026-05-2939.45%
2026-05-2739.45%
2026-05-2239.44%
2026-05-2039.45%
2026-05-1839.46%
2026-05-1439.46%
2026-05-1274.73%
2026-05-0874.72%
2026-05-0674.74%
2026-05-0435.29%
2026-04-3035.28%
2026-04-2835.27%
2026-04-2436.63%
2026-04-2236.62%
2026-04-2036.62%
2026-04-1636.63%
2026-04-1436.62%
2026-04-1036.62%
2026-04-0836.62%
2026-04-0636.62%
2026-04-0136.62%
2026-03-3036.63%
2026-03-2636.63%
2026-03-2436.62%
2026-03-2036.62%
2026-03-1836.63%
2026-03-1636.63%
2026-03-1236.62%
2026-03-1036.62%
2026-03-0636.63%
2026-03-0436.63%
2026-03-0236.63%
2026-02-2636.62%
2026-02-2438.99%
2026-02-2039.00%
2026-02-1838.99%
2026-02-1338.99%
2026-02-1138.98%
2026-02-0938.98%
2026-02-0538.99%
2026-02-0338.99%
2026-01-3038.99%
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2026-01-2638.99%
2026-01-2238.99%
2026-01-2038.99%
2026-01-1538.98%
2026-01-1338.98%
2026-01-0938.99%
2026-01-0738.99%
2026-01-0538.99%
2025-12-3138.99%
2025-12-2938.99%
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2025-12-1838.99%
2025-12-1638.98%
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2024-05-3054.03%
2024-05-2854.03%

Showing the most recent 260 of 2,504 data points. The chart above shows the full history.

About SAP SE

SAP SE, founded in Walldorf, Germany, in 1972, is a global provider of diverse software applications, technology, and services. The company's core enterprise resource planning (ERP) platform, SAP S/4HANA, offers robust functionalities for finance, risk management, project execution, procurement, manufacturing, supply chain optimization, asset management, and research and development. For human resources, SAP delivers SuccessFactors solutions, which encompass HR and payroll, talent and employee experience management, and comprehensive people and workforce analytics. Additionally, SAP provides spend management tools designed to handle direct and indirect expenditures, travel and expense reporting, and external workforce administration. SAP further extends its portfolio with customer experience solutions and the SAP Business Technology Platform, empowering both clients and partners to develop, integrate, and automate applications. Its SAP Business Network serves as a crucial business-to-business collaboration platform, digitizing key supply chain processes and facilitating seamless communication among trading partners. The company also offers SAP Signavio for discovering, analyzing, and enhancing business process operations, alongside modular industry-specific cloud solutions. Through Taulia, SAP provides working capital management solutions, helping customers improve liquidity visibility and mitigate the effects of inflation. Completing its extensive offerings, SAP also provides a range of sustainability solutions and services.

Walldorf
108,187 employees
Technology / Software - Application
Sector
Technology
Industry
Software - Application
CEO
Christian Klein