Polaris (PII) Dividend History & Yield
Dividend ChampionPolaris (PII) has increased its dividend for 30 consecutive years and currently yields 3.97%. The most recent dividend was $0.6800/share on Mar 16, 2026, paid Quarterly.

PII
Current Yield
3.97%
TTM Dividend/Share
$2.69
Payment Frequency
Quarterly
Payout Ratio
-32.3%
Consecutive Growth Years
30 (Dividend Champion)
Div Growth (1Y CAGR)
1.52%
Div Growth (5Y CAGR)
1.56%
Div Growth (10Y CAGR)
2.37%
PII: compare the "Now" marker to the 1Y / 3Y / 5Y averages on the scale. One valuation signal among many — review fundamentals before investing.
Dividend health
Chowder score
5.5%
FCF payout ratio
24.1%
Net debt / EBITDA
-9.3x
Interest coverage
-0.27x
ROIC (TTM)
-11.6%
Dividend Safety Score
6 out of 8 checks passed
Payout ratio below 75%
Payout ratio is -32.3%, well below the 75% threshold.
Free cash flow covers dividend
FCF/share ($9.81) covers dividend/share ($2.69).
No dividend cuts in 10+ years
No dividend cuts in the last 10 years.
Positive earnings growth trend
Earnings per share have declined over the past 5 years.
10+ years of consecutive growth
30 consecutive years of dividend growth.
FCF payout ratio below 70%
FCF payout ratio is 24.1%, below the 70% threshold.
Net Debt/EBITDA below 3x
Net Debt/EBITDA is -9.3x.
Dividend growth ≤ earnings growth (5Y)
Earnings are negative while dividends are still growing — unsustainable.
Per-payment dividend history
Ex-date Jun 1, 2026
- Payment date
- Jun 15, 2026
- Dividend
- $0.6800
- Adj. dividend
- $0.6800
Ex-date Mar 2, 2026
- Payment date
- Mar 16, 2026
- Dividend
- $0.6800
- Adj. dividend
- $0.6800
Ex-date Dec 1, 2025
- Payment date
- Dec 15, 2025
- Dividend
- $0.6700
- Adj. dividend
- $0.6700
Ex-date Sep 2, 2025
- Payment date
- Sep 15, 2025
- Dividend
- $0.6700
- Adj. dividend
- $0.6700
Ex-date Jun 2, 2025
- Payment date
- Jun 16, 2025
- Dividend
- $0.6700
- Adj. dividend
- $0.6700
Ex-date Mar 3, 2025
- Payment date
- Mar 17, 2025
- Dividend
- $0.6700
- Adj. dividend
- $0.6700
Ex-date Dec 2, 2024
- Payment date
- Dec 16, 2024
- Dividend
- $0.6600
- Adj. dividend
- $0.6600
Ex-date Sep 3, 2024
- Payment date
- Sep 16, 2024
- Dividend
- $0.6600
- Adj. dividend
- $0.6600
Ex-date Jun 3, 2024
- Payment date
- Jun 17, 2024
- Dividend
- $0.6600
- Adj. dividend
- $0.6600
Ex-date Feb 29, 2024
- Payment date
- Mar 15, 2024
- Dividend
- $0.6600
- Adj. dividend
- $0.6600
Ex-date Nov 30, 2023
- Payment date
- Dec 15, 2023
- Dividend
- $0.6500
- Adj. dividend
- $0.6500
Ex-date Aug 31, 2023
- Payment date
- Sep 15, 2023
- Dividend
- $0.6500
- Adj. dividend
- $0.6500
| Ex-Date | Payment Date | Dividend | Adj. Dividend |
|---|---|---|---|
| Jun 1, 2026 | Jun 15, 2026 | $0.6800 | $0.6800 |
| Mar 2, 2026 | Mar 16, 2026 | $0.6800 | $0.6800 |
| Dec 1, 2025 | Dec 15, 2025 | $0.6700 | $0.6700 |
| Sep 2, 2025 | Sep 15, 2025 | $0.6700 | $0.6700 |
| Jun 2, 2025 | Jun 16, 2025 | $0.6700 | $0.6700 |
| Mar 3, 2025 | Mar 17, 2025 | $0.6700 | $0.6700 |
| Dec 2, 2024 | Dec 16, 2024 | $0.6600 | $0.6600 |
| Sep 3, 2024 | Sep 16, 2024 | $0.6600 | $0.6600 |
| Jun 3, 2024 | Jun 17, 2024 | $0.6600 | $0.6600 |
| Feb 29, 2024 | Mar 15, 2024 | $0.6600 | $0.6600 |
| Nov 30, 2023 | Dec 15, 2023 | $0.6500 | $0.6500 |
| Aug 31, 2023 | Sep 15, 2023 | $0.6500 | $0.6500 |
Historical Dividend Yield
Dividend Growth
Dividend Increase Track Record
Polaris has raised its total annual dividend (split-adjusted, by ex-dividend calendar year) versus the prior year for 30 consecutive years — the same figure as the "Consecutive Growth Years" card above.
| Year | Previous DPS | New DPS | Change |
|---|---|---|---|
| 2026 | $2.6800 | — | — |
| 2025 | $2.6400 | $2.6800 | +1.5% |
| 2024 | $2.6000 | $2.6400 | +1.5% |
| 2023 | $2.5600 | $2.6000 | +1.6% |
| 2022 | $2.5200 | $2.5600 | +1.6% |
| 2021 | $2.4800 | $2.5200 | +1.6% |
| 2020 | $2.4400 | $2.4800 | +1.6% |
| 2019 | $2.4000 | $2.4400 | +1.7% |
| 2018 | $2.3200 | $2.4000 | +3.4% |
| 2017 | $2.2000 | $2.3200 | +5.5% |
| 2016 | $2.1200 | $2.2000 | +3.8% |
| 2015 | $1.9200 | $2.1200 | +10.4% |
| 2014 | $1.6800 | $1.9200 | +14.3% |
| 2013 | $1.4800 | $1.6800 | +13.5% |
| 2012 | $0.9000 | $1.4800 | +64.4% |
| 2011 | $0.8000 | $0.9000 | +12.5% |
| 2010 | $0.7800 | $0.8000 | +2.6% |
| 2009 | $0.7600 | $0.7800 | +2.6% |
| 2008 | $0.6800 | $0.7600 | +11.8% |
| 2007 | $0.6200 | $0.6800 | +9.7% |
| 2006 | $0.5600 | $0.6200 | +10.7% |
| 2005 | $0.4600 | $0.5600 | +21.7% |
| 2004 | $0.3100 | $0.4600 | +48.4% |
| 2003 | $0.2800 | $0.3100 | +10.7% |
| 2002 | $0.2500 | $0.2800 | +12.0% |
| 2001 | $0.2200 | $0.2500 | +13.6% |
| 2000 | $0.2000 | $0.2200 | +10.0% |
| 1999 | $0.1800 | $0.2000 | +11.1% |
| 1998 | $0.1600 | $0.1800 | +12.5% |
| 1997 | $0.1500 | $0.1600 | +6.7% |
| 1996 | $1.0675 | $0.1500 | -85.9% |
| 1995 | $0.4200 | $1.0675 | +154.2% |
| 1994 | $0.4183 | $0.4200 | +0.4% |
| 1993 | $0.4167 | $0.4183 | +0.4% |
| 1992 | $0.5209 | $0.4167 | -20.0% |
| 1991 | $0.3125 | $0.5209 | +66.7% |
| 1990 | $1.8518 | $0.3125 | -83.1% |
| 1989 | $2.4024 | $1.8518 | -22.9% |
| 1988 | — | $2.4024 | — |
DPS sums split-adjusted amounts (adj. dividend) by ex-dividend calendar year—the same basis as the Adj. Dividend column in Dividend Payment History. The Dividend column can differ after stock splits. This table uses four decimals per annual total so the Change column matches the shown amounts; each payment row in Dividend Payment History also uses four.
Cash dividends paid (USD) — TTM and history
Trailing-twelve-month and annual common dividends paid for Polaris (PII) from the consolidated cash flow statement, in USD as filed.
Latest period
$151.50M
YoY change
+1.8%
5Y CAGR
-0.3%
Peak year (2021)
$153.40M
Latest annual
$150.30M
Cash dividends paid over time for Polaris (PII)
Per-period cash dividends paid
Cash dividends paid annual + quarterly history for Polaris (PII)
| Fiscal year | Period ended | Reported | Dividends Paid | YoY | YoY change |
|---|---|---|---|---|---|
| 2025 | $150.30M | +1.8% | +$2.60M | ||
| 2024 | $147.70M | +0.3% | +$400,000 | ||
| 2023 | $147.30M | -1.8% | -$2.70M | ||
| 2022 | $150.00M | -2.2% | -$3.40M | ||
| 2021 | $153.40M | +0.6% | +$900,000 | ||
| 2020 | $152.50M | +2.3% | +$3.40M | ||
| 2019 | $149.10M | +0.0% | +$69,000 | ||
| 2018 | $149.03M | +2.5% | +$3.61M | ||
| 2017 | $145.42M | +3.6% | +$5.09M | ||
| 2016 | $140.34M | +0.8% | +$1.05M | ||
| 2015 | $139.28M | +9.8% | +$12.38M | ||
| 2014 | $126.91M | +11.6% | +$13.19M | ||
| 2013 | $113.72M | +12.0% | +$12.19M | ||
| 2012 | $101.53M | +64.9% | +$39.95M | ||
| 2011 | $61.59M | +16.1% | +$8.54M | ||
| 2010 | $53.04M | +5.7% | +$2.87M | ||
| 2009 | $50.18M | +1.2% | +$575,000 | ||
| 2008 | $49.60M | +3.9% | +$1.86M | ||
| 2007 | $47.74M | -5.0% | -$2.50M | ||
| 2006 | $50.23M | +7.0% | +$3.28M | ||
| 2005 | $46.96M | +20.8% | +$8.10M | ||
| 2004 | $38.86M | +45.8% | +$12.20M | ||
| 2003 | $26.66M | +5.5% | +$1.38M | ||
| 2002 | $25.27M | +10.6% | +$2.43M | ||
| 2001 | $22.85M | +10.6% | +$2.20M | ||
| 2000 | $20.65M | +4.8% | +$948,000 | ||
| 1999 | $19.70M | +5.9% | +$1.10M | ||
| 1998 | $18.60M | +9.4% | +$1.60M | ||
| 1997 | $17.00M | +3.7% | +$600,000 | ||
| 1996 | $16.40M | -87.3% | -$112.90M | ||
| 1995 | $129.30M | +158.1% | +$79.20M | ||
| 1994 | $50.10M | +7.7% | +$3.60M | ||
| 1993 | $46.50M | +5.7% | +$2.50M | ||
| 1992 | $44.00M | +3.3% | +$1.40M | ||
| 1991 | $42.60M | -2.1% | -$900,000 | ||
| 1990 | $43.50M | — | — |
The 2025 reading of Polaris (PII) dividends paid is $150.30M – edged up 1.8% year-over-year.
Polaris dividends paid has grown for 2 consecutive years, with a -0.3% compound annual growth rate over 2020–2025 (5 years).
Between 2021 and 2025, Polaris dividends paid edged down 2.0%, falling from $153.40M to $150.30M.
The dataset's maximum dividends paid sits at $153.40M (2021); the minimum reading of $16.40M dates to 1996.
Polaris (PII) sits 6th of 8 Consumer Cyclical peers we track on this metric, against a peer median of $1.54B.
Polaris Dividends Paid 2025: $150.30M
Polaris dividends paid in 2025 was $150.30M, edged up 1.8% from 2024.
Polaris Dividends Paid 2024: $147.70M
Polaris dividends paid in 2024 was $147.70M, edged up 0.3% from 2023.
Polaris Dividends Paid 2023: $147.30M
Polaris dividends paid in 2023 was $147.30M, edged down 1.8% below 2022.
Polaris Dividends Paid 2022: $150.00M
Polaris dividends paid in 2022 was $150.00M, edged down 2.2% below 2021.
Polaris Dividends Paid 2021: $153.40M
Polaris dividends paid in 2021 was $153.40M.
See more financial history for Polaris (PII).
Sector peers by dividends paid
Companies in the same sector as Polaris, ranked by their latest dividends paid.
| Company | Dividends Paid | Sector |
|---|---|---|
| Alibaba (BABA) | $33.73B | Consumer Cyclical |
| Home Depot (HD) | $9.15B | Consumer Cyclical |
| McDonald's (MCD) | $5.12B | Consumer Cyclical |
| TJX Companies (TJX) | $1.84B | Consumer Cyclical |
| Booking Holdings (BKNG) | $1.25B | Consumer Cyclical |
| Amazon (AMZN) | $0 | Consumer Cyclical |
| Tesla (TSLA) | $0 | Consumer Cyclical |
| PDD Holdings (PDD) | $0 | Consumer Cyclical |
Frequently asked questions
Does Polaris pay dividends?
Yes, Polaris (PII) pays quarterly dividends of approximately $2.69 per share annually, yielding 3.97%.
What is Polaris's dividend yield?
Polaris (PII) has a current dividend yield of 3.97%.
Is Polaris's dividend safe?
Polaris (PII) passes 6 out of 8 dividend safety checks. See the detailed breakdown above for each criterion.
How many consecutive years has Polaris increased its dividend?
Polaris (PII) has 30 consecutive years of dividend increases.
What is Polaris's dividend payout ratio?
Polaris (PII) has a dividend payout ratio of -32.3%. Sourced from vendor ratio data (fiscal year or latest period).
What is Polaris's dividends paid?
Latest reported dividends paid for Polaris (PII) is $151.50M (period ending March 31, 2026).
How has Polaris dividends paid changed year-over-year?
Polaris (PII) dividends paid changed +1.8% year-over-year on the latest annual filing.
What is the long-term growth rate of Polaris dividends paid?
Polaris (PII) dividends paid compound annual growth rate is -0.3% over the most recent 5 years available.
When did Polaris dividends paid hit its highest annual value?
Polaris dividends paid reached its highest annual value of $153.40M in 2021.
What was Polaris dividends paid in 2024?
Polaris (PII) dividends paid in 2024 was $147.70M.
What was Polaris dividends paid in 2025?
Polaris (PII) dividends paid in 2025 was $150.30M.
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