SAP (SAP) Dividend History & Yield
SAP (SAP) has increased its dividend for 3 consecutive years and currently yields 1.53%. The most recent payment was $2.6298/share on May 13, 2025, paid Annual.

SAP
Current Yield
1.53%
TTM Dividend/Share
$2.63
Payment Frequency
Annual
Payout Ratio
37.4%
Consecutive Growth Years
3
Div Growth (1Y CAGR)
10.25%
Div Growth (5Y CAGR)
8.96%
Div Growth (10Y CAGR)
8.27%
Dividend Safety Score
3 out of 5 checks passed
Payout ratio below 75%
Payout ratio is 37.4%, well below the 75% threshold.
Free cash flow covers dividend
FCF/share ($6.81) covers dividend/share ($2.63).
No dividend cuts in 10+ years
2 dividend cut(s) in the last 10 years.
Positive earnings growth trend
Earnings per share have grown over the past 5 years.
10+ years of consecutive growth
Only 3 consecutive year(s) of dividend growth.
Dividend Payment History
Yield values are for each row's ex-date, not today's live yield.
Ex-date May 13, 2025
- Payment date
- May 23, 2025
- Dividend
- $2.6298
- Adj. dividend
- $2.6298
- Yield (ex-date)
- 0.91%
Ex-date May 16, 2024
- Payment date
- May 28, 2024
- Dividend
- $2.3913
- Adj. dividend
- $2.3851
- Yield (ex-date)
- 1.25%
Ex-date May 12, 2023
- Payment date
- May 22, 2023
- Dividend
- $2.2330
- Adj. dividend
- $2.1864
- Yield (ex-date)
- 1.66%
Ex-date May 19, 2022
- Payment date
- May 31, 2022
- Dividend
- $2.6085
- Adj. dividend
- $2.6600
- Yield (ex-date)
- 2.79%
Ex-date May 13, 2021
- Payment date
- May 25, 2021
- Dividend
- $2.1890
- Adj. dividend
- $2.1890
- Yield (ex-date)
- 1.62%
Ex-date May 21, 2020
- Payment date
- Jun 2, 2020
- Dividend
- $1.7120
- Adj. dividend
- $1.7120
- Yield (ex-date)
- 1.47%
Ex-date May 16, 2019
- Payment date
- May 28, 2019
- Dividend
- $1.6960
- Adj. dividend
- $1.6960
- Yield (ex-date)
- 1.31%
Ex-date May 18, 2018
- Payment date
- May 29, 2018
- Dividend
- $1.7271
- Adj. dividend
- $1.7270
- Yield (ex-date)
- 1.53%
Ex-date May 11, 2017
- Payment date
- May 22, 2017
- Dividend
- $1.3310
- Adj. dividend
- $1.3310
- Yield (ex-date)
- 1.30%
Ex-date May 10, 2016
- Payment date
- May 20, 2016
- Dividend
- $1.3100
- Adj. dividend
- $1.3052
- Yield (ex-date)
- 1.68%
Ex-date May 18, 2015
- Payment date
- May 29, 2015
- Dividend
- $1.1880
- Adj. dividend
- $1.1880
- Yield (ex-date)
- 1.57%
Ex-date May 22, 2014
- Payment date
- May 29, 2014
- Dividend
- $1.3660
- Adj. dividend
- $1.3659
- Yield (ex-date)
- 1.84%
| Ex-Date | Payment Date | Dividend | Adj. Dividend | Yield (ex-date) |
|---|---|---|---|---|
| May 13, 2025 | May 23, 2025 | $2.6298 | $2.6298 | 0.91% |
| May 16, 2024 | May 28, 2024 | $2.3913 | $2.3851 | 1.25% |
| May 12, 2023 | May 22, 2023 | $2.2330 | $2.1864 | 1.66% |
| May 19, 2022 | May 31, 2022 | $2.6085 | $2.6600 | 2.79% |
| May 13, 2021 | May 25, 2021 | $2.1890 | $2.1890 | 1.62% |
| May 21, 2020 | Jun 2, 2020 | $1.7120 | $1.7120 | 1.47% |
| May 16, 2019 | May 28, 2019 | $1.6960 | $1.6960 | 1.31% |
| May 18, 2018 | May 29, 2018 | $1.7271 | $1.7270 | 1.53% |
| May 11, 2017 | May 22, 2017 | $1.3310 | $1.3310 | 1.30% |
| May 10, 2016 | May 20, 2016 | $1.3100 | $1.3052 | 1.68% |
| May 18, 2015 | May 29, 2015 | $1.1880 | $1.1880 | 1.57% |
| May 22, 2014 | May 29, 2014 | $1.3660 | $1.3659 | 1.84% |
Historical Dividend Yield
Dividend Growth
Dividend Increase Track Record
SAP has raised its total annual dividend (split-adjusted, by ex-dividend calendar year) versus the prior year for 3 consecutive years — the same figure as the "Consecutive Growth Years" card above.
| Year | Previous DPS | New DPS | Change |
|---|---|---|---|
| 2025 | $2.3851 | $2.6298 | +10.3% |
| 2024 | $2.1864 | $2.3851 | +9.1% |
| 2023 | $2.6600 | $2.1864 | -17.8% |
| 2022 | $2.1890 | $2.6600 | +21.5% |
| 2021 | $1.7120 | $2.1890 | +27.9% |
| 2020 | $1.6960 | $1.7120 | +0.9% |
| 2019 | $1.7270 | $1.6960 | -1.8% |
| 2018 | $1.3310 | $1.7270 | +29.8% |
| 2017 | $1.3052 | $1.3310 | +2.0% |
| 2016 | $1.1880 | $1.3052 | +9.9% |
| 2015 | $1.3659 | $1.1880 | -13.0% |
| 2014 | $1.1140 | $1.3659 | +22.6% |
| 2013 | $1.4780 | $1.1140 | -24.6% |
| 2012 | $0.8250 | $1.4780 | +79.2% |
| 2011 | $0.6750 | $0.8250 | +22.2% |
| 2010 | $0.6750 | $0.6750 | 0.0% |
| 2009 | $0.7790 | $0.6750 | -13.4% |
| 2008 | $0.6140 | $0.7790 | +26.9% |
| 2007 | $0.4340 | $0.6140 | +41.5% |
| 2006 | $0.3570 | $0.4340 | +21.6% |
| 2005 | $0.2440 | $0.3570 | +46.3% |
| 2004 | $0.1590 | $0.2440 | +53.5% |
| 2003 | $0.1280 | $0.1590 | +24.2% |
| 2002 | $0.1280 | $0.1280 | 0.0% |
| 2001 | $0.1270 | $0.1280 | +0.8% |
| 2000 | $0.1418 | $0.1270 | -10.4% |
| 1999 | $0.7215 | $0.1418 | -80.3% |
| 1998 | $0.6226 | $0.7215 | +15.9% |
| 1997 | $0.3993 | $0.6226 | +55.9% |
| 1996 | — | $0.3993 | — |
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.
Frequently asked questions
Does SAP pay dividends?
- Yes, SAP (SAP) pays annual dividends of approximately $2.63 per share annually, yielding 1.53%.
What is SAP's dividend yield?
- SAP (SAP) has a current dividend yield of 1.53%.
Is SAP's dividend safe?
- SAP (SAP) passes 3 out of 5 dividend safety checks. See the detailed breakdown above for each criterion.
How many consecutive years has SAP increased its dividend?
- SAP (SAP) has 3 consecutive years of dividend increases.
What is SAP's dividend payout ratio?
- SAP (SAP) has a dividend payout ratio of 37.4%.