Current Yield
0.24%
TTM Dividend/Share
$0.87
Payment Frequency
Quarterly
Payout Ratio
11.6%
Consecutive Growth Years
34 (Dividend Champion)
Key takeaways
- Dividend Champion — West Pharmaceutical Services (WST) has raised its dividend for 34 consecutive years.
- West Pharmaceutical Services (WST) currently yields 0.24%, paying $0.87 per share over the trailing twelve months, distributed quarterly.
- Payout ratio is 11.6% — the share of earnings distributed as dividends.
- 6 of 8 dividend safety checks passed.
- 5-year dividend CAGR of 5.51% (growth is decelerating).
Dividend yield valuation for West Pharmaceutical Services (WST)
Current dividend yield vs its own 1Y / 3Y / 5Y historical averages — a rough valuation signal.
Valuation zone | Near average — fair value |
Current yield (now) | 0.24% |
1-year average yield | 0.31%now 0.07 pp below |
3-year average yield | 0.26%now 0.02 pp below |
5-year average yield | 0.25%now 0.01 pp below |
WST: a yield above its history can signal value (or risk); below can signal a rich price. One valuation signal among many — review fundamentals before investing.
Dividend health for West Pharmaceutical Services (WST)
Cash-flow, leverage and returns metrics that signal whether the dividend is well-covered and sustainable.
Chowder score | 5.8% |
FCF payout ratio | 3.5% |
Net debt / EBITDA | -0.2x |
Interest coverage | 3328.00x |
ROIC (TTM) | 16.2% |
Dividend safety score for West Pharmaceutical Services (WST)
Checks covering payout coverage, free-cash-flow support, leverage and dividend-growth durability.
6 of 8 checks passed
Payout ratio below 75%
Payout ratio is 11.6%, well below the 75% threshold.
Free cash flow covers dividend
TTM FCF after dividends is $396M — FCF fully covers the payout.
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
34 consecutive years of dividend growth.
FCF payout ratio below 70%
FCF payout ratio is 3.5%, below the 70% threshold.
Net Debt/EBITDA below 3x
Net Debt/EBITDA is -0.2x.
Dividend growth ≤ earnings growth (5Y)
Dividend growth (5.5%) exceeds EPS growth (-4.5%) — payout ratio expanding.
This analysis is for informational purposes only and is not financial advice. Safety scores and comparisons reflect historical data and do not predict future performance.
Per-payment dividend history
158 payments from 1987 to 2026 · Adj. Dividend is split-adjusted
| Apr 29, 2026 | May 6, 2026 | $0.2200 | $0.2200 |
| Jan 28, 2026 | Feb 4, 2026 | $0.2200 | $0.2200 |
| Nov 12, 2025 | Nov 19, 2025 | $0.2200 | $0.2200 |
| Jul 30, 2025 | Aug 6, 2025 | $0.2100 | $0.2100 |
| Apr 30, 2025 | May 7, 2025 | $0.2100 | $0.2100 |
| Feb 7, 2025 | Feb 11, 2025 | $0.2100 | $0.2100 |
| Nov 13, 2024 | Nov 20, 2024 | $0.2100 | $0.2100 |
| Jul 31, 2024 | Aug 7, 2024 | $0.2000 | $0.2000 |
| Apr 23, 2024 | May 1, 2024 | $0.2000 | $0.2000 |
| Jan 30, 2024 | Feb 7, 2024 | $0.2000 | $0.2000 |
| Nov 7, 2023 | Nov 15, 2023 | $0.2000 | $0.2000 |
| Jul 25, 2023 | Aug 2, 2023 | $0.1900 | $0.1900 |
- Apr 29, 2026$0.2200
- Jan 28, 2026$0.2200
- Nov 12, 2025$0.2200
- Jul 30, 2025$0.2100
- Apr 30, 2025$0.2100
- Feb 7, 2025$0.2100
- Nov 13, 2024$0.2100
- Jul 31, 2024$0.2000
- Apr 23, 2024$0.2000
- Jan 30, 2024$0.2000
- Nov 7, 2023$0.2000
- Jul 25, 2023$0.1900
Historical dividend yield for West Pharmaceutical Services (WST)
Mean trailing dividend yield using one ratio snapshot per calendar year.Mean yield1Y: 0.31%5Y: 0.25%10Y: 0.36%
Dividend per share for West Pharmaceutical Services (WST)
CAGR (per year)1Y: 4.94%5Y: 5.51%10Y: 6.57%↓ Decelerating
| Year | Total ($/share) | Payments |
|---|---|---|
| 1987 | $0.07 | 4 |
| 1988 | $0.07 | 4 |
| 1989 | $0.08 | 4 |
| 1990 | $0.10 | 4 |
| 1991 | $0.10 | 4 |
| 1992 | $0.10 | 4 |
| 1993 | $0.10 | 4 |
| 1994 | $0.11 | 4 |
| 1995 | $0.12 | 4 |
| 1996 | $0.13 | 4 |
| 1997 | $0.14 | 4 |
| 1998 | $0.15 | 4 |
| 1999 | $0.16 | 4 |
| 2000 | $0.17 | 4 |
| 2001 | $0.18 | 4 |
| 2002 | $0.19 | 4 |
| 2003 | $0.20 | 4 |
| 2004 | $0.21 | 4 |
| 2005 | $0.23 | 4 |
| 2006 | $0.24 | 4 |
| 2007 | $0.27 | 4 |
| 2008 | $0.28 | 4 |
| 2009 | $0.30 | 4 |
| 2010 | $0.33 | 4 |
| 2011 | $0.34 | 4 |
| 2012 | $0.36 | 4 |
| 2013 | $0.39 | 4 |
| 2014 | $0.41 | 4 |
| 2015 | $0.45 | 4 |
| 2016 | $0.49 | 4 |
| 2017 | $0.53 | 4 |
| 2018 | $0.57 | 4 |
| 2019 | $0.61 | 4 |
| 2020 | $0.65 | 4 |
| 2021 | $0.69 | 4 |
| 2022 | $0.73 | 4 |
| 2023 | $0.77 | 4 |
| 2024 | $0.81 | 4 |
| 2025 | $0.85 | 4 |
| 2026 | $0.44 | 2 |
Dividend growth for West Pharmaceutical Services (WST)
Year-over-year change in total annual dividend per share (split-adjusted, by ex-dividend year). Green is an increase, red a cut.
Dividend Increase Track Record
Year-over-year change in total annual DPS (dividends per share, split-adjusted), based on ex-dividend date.
| 2026 | $0.8500 | — | — |
| 2025 | $0.8100 | $0.8500 | +4.9% |
| 2024 | $0.7700 | $0.8100 | +5.2% |
| 2023 | $0.7300 | $0.7700 | +5.5% |
| 2022 | $0.6900 | $0.7300 | +5.8% |
| 2021 | $0.6500 | $0.6900 | +6.2% |
| 2020 | $0.6100 | $0.6500 | +6.6% |
| 2019 | $0.5700 | $0.6100 | +7.0% |
| 2018 | $0.5300 | $0.5700 | +7.5% |
| 2017 | $0.4900 | $0.5300 | +8.2% |
| 2016 | $0.4500 | $0.4900 | +8.9% |
| 2015 | $0.4100 | $0.4500 | +9.8% |
| 2014 | $0.3850 | $0.4100 | +6.5% |
| 2013 | $0.3650 | $0.3850 | +5.5% |
| 2012 | $0.3450 | $0.3650 | +5.8% |
| 2011 | $0.3250 | $0.3450 | +6.2% |
| 2010 | $0.3050 | $0.3250 | +6.6% |
| 2009 | $0.2850 | $0.3050 | +7.0% |
| 2008 | $0.2650 | $0.2850 | +7.5% |
| 2007 | $0.2450 | $0.2650 | +8.2% |
| 2006 | $0.2250 | $0.2450 | +8.9% |
| 2005 | $0.2125 | $0.2250 | +5.9% |
| 2004 | $0.2025 | $0.2125 | +4.9% |
| 2003 | $0.1900 | $0.2025 | +6.6% |
| 2002 | $0.1825 | $0.1900 | +4.1% |
| 2001 | $0.1725 | $0.1825 | +5.8% |
| 2000 | $0.1625 | $0.1725 | +6.2% |
| 1999 | $0.1525 | $0.1625 | +6.6% |
| 1998 | $0.1425 | $0.1525 | +7.0% |
| 1997 | $0.1325 | $0.1425 | +7.5% |
| 1996 | $0.1225 | $0.1325 | +8.2% |
| 1995 | $0.1125 | $0.1225 | +8.9% |
| 1994 | $0.1025 | $0.1125 | +9.8% |
| 1993 | $0.1000 | $0.1025 | +2.5% |
| 1992 | $0.1000 | $0.1000 | 0.0% |
| 1991 | $0.1000 | $0.1000 | 0.0% |
| 1990 | $0.0775 | $0.1000 | +29.0% |
| 1989 | $0.0725 | $0.0775 | +6.9% |
| 1988 | $0.0675 | $0.0725 | +7.4% |
| 1987 | — | $0.0675 | — |
- 2026—
- 2025$0.8500
- 2024$0.8100
- 2023$0.7700
- 2022$0.7300
- 2021$0.6900
- 2020$0.6500
- 2019$0.6100
- 2018$0.5700
- 2017$0.5300
- 2016$0.4900
- 2015$0.4500
- 2014$0.4100
- 2013$0.3850
- 2012$0.3650
- 2011$0.3450
- 2010$0.3250
- 2009$0.3050
- 2008$0.2850
- 2007$0.2650
- 2006$0.2450
- 2005$0.2250
- 2004$0.2125
- 2003$0.2025
- 2002$0.1900
- 2001$0.1825
- 2000$0.1725
- 1999$0.1625
- 1998$0.1525
- 1997$0.1425
- 1996$0.1325
- 1995$0.1225
- 1994$0.1125
- 1993$0.1025
- 1992$0.1000
- 1991$0.1000
- 1990$0.1000
- 1989$0.0775
- 1988$0.0725
- 1987$0.0675
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
West Pharmaceutical Services (WST) Key Financials
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