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.

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SAP

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%

Historical Dividend Yield

Mean trailing dividend yield using one ratio snapshot per calendar year in each lookback window (same basis as the yearly bars)—not CAGR.Mean yield1Y: 1.09%5Y: 1.51%10Y: 1.46%

Dividend Growth

CAGR (per year)1Y: 10.25%5Y: 8.96%10Y: 8.27%↑ Accelerating

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.

YearPrevious DPSNew DPSChange
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$0.67500.0%
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$0.12800.0%
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%.