Zoetis (ZTS) Dividend History & Yield
Dividend ContenderZoetis (ZTS) has increased its dividend for 13 consecutive years and currently yields 2.58%. The most recent dividend was $0.5300/share on Mar 3, 2026, paid Quarterly.
ZTS
Current Yield
2.58%
TTM Dividend/Share
$2.06
Payment Frequency
Quarterly
Payout Ratio
34.2%
Consecutive Growth Years
13 (Dividend Contender)
Div Growth (1Y CAGR)
15.74%
Div Growth (5Y CAGR)
20.11%
Div Growth (10Y CAGR)
19.67%
ZTS: 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
22.7%
FCF payout ratio
10.5%
Net debt / EBITDA
1.8x
Interest coverage
14.83x
ROIC (TTM)
22.8%
Dividend Safety Score
7 out of 8 checks passed
Payout ratio below 75%
Payout ratio is 34.2%, well below the 75% threshold.
Free cash flow covers dividend
FCF/share ($5.15) covers dividend/share ($2.06).
No dividend cuts in 10+ years
No dividend cuts in the last 10 years.
Positive earnings growth trend
Earnings per share have grown over the past 5 years.
10+ years of consecutive growth
13 consecutive years of dividend growth.
FCF payout ratio below 70%
FCF payout ratio is 10.5%, below the 70% threshold.
Net Debt/EBITDA below 3x
Net Debt/EBITDA is 1.8x.
Dividend growth ≤ earnings growth (5Y)
Dividend growth (20.1%) exceeds EPS growth (6.0%) — payout ratio expanding.
Per-payment dividend history
Ex-date Apr 20, 2026
- Payment date
- Jun 2, 2026
- Dividend
- $0.5300
- Adj. dividend
- $0.5300
Ex-date Jan 20, 2026
- Payment date
- Mar 3, 2026
- Dividend
- $0.5300
- Adj. dividend
- $0.5300
Ex-date Oct 31, 2025
- Payment date
- Dec 2, 2025
- Dividend
- $0.5000
- Adj. dividend
- $0.5000
Ex-date Jul 18, 2025
- Payment date
- Sep 3, 2025
- Dividend
- $0.5000
- Adj. dividend
- $0.5000
Ex-date Apr 21, 2025
- Payment date
- Jun 3, 2025
- Dividend
- $0.5000
- Adj. dividend
- $0.5000
Ex-date Jan 21, 2025
- Payment date
- Mar 4, 2025
- Dividend
- $0.5000
- Adj. dividend
- $0.5000
Ex-date Oct 31, 2024
- Payment date
- Dec 3, 2024
- Dividend
- $0.4320
- Adj. dividend
- $0.4320
Ex-date Jul 18, 2024
- Payment date
- Sep 4, 2024
- Dividend
- $0.4320
- Adj. dividend
- $0.4320
Ex-date Apr 18, 2024
- Payment date
- Jun 4, 2024
- Dividend
- $0.4320
- Adj. dividend
- $0.4320
Ex-date Jan 18, 2024
- Payment date
- Mar 1, 2024
- Dividend
- $0.4320
- Adj. dividend
- $0.4320
Ex-date Oct 31, 2023
- Payment date
- Dec 1, 2023
- Dividend
- $0.3750
- Adj. dividend
- $0.3750
Ex-date Jul 20, 2023
- Payment date
- Sep 1, 2023
- Dividend
- $0.3750
- Adj. dividend
- $0.3750
| Ex-Date | Payment Date | Dividend | Adj. Dividend |
|---|---|---|---|
| Apr 20, 2026 | Jun 2, 2026 | $0.5300 | $0.5300 |
| Jan 20, 2026 | Mar 3, 2026 | $0.5300 | $0.5300 |
| Oct 31, 2025 | Dec 2, 2025 | $0.5000 | $0.5000 |
| Jul 18, 2025 | Sep 3, 2025 | $0.5000 | $0.5000 |
| Apr 21, 2025 | Jun 3, 2025 | $0.5000 | $0.5000 |
| Jan 21, 2025 | Mar 4, 2025 | $0.5000 | $0.5000 |
| Oct 31, 2024 | Dec 3, 2024 | $0.4320 | $0.4320 |
| Jul 18, 2024 | Sep 4, 2024 | $0.4320 | $0.4320 |
| Apr 18, 2024 | Jun 4, 2024 | $0.4320 | $0.4320 |
| Jan 18, 2024 | Mar 1, 2024 | $0.4320 | $0.4320 |
| Oct 31, 2023 | Dec 1, 2023 | $0.3750 | $0.3750 |
| Jul 20, 2023 | Sep 1, 2023 | $0.3750 | $0.3750 |
Historical Dividend Yield
Dividend Growth
Dividend Increase Track Record
Zoetis has raised its total annual dividend (split-adjusted, by ex-dividend calendar year) versus the prior year for 13 consecutive years — the same figure as the "Consecutive Growth Years" card above.
| Year | Previous DPS | New DPS | Change |
|---|---|---|---|
| 2026 | $2.0000 | — | — |
| 2025 | $1.7280 | $2.0000 | +15.7% |
| 2024 | $1.5000 | $1.7280 | +15.2% |
| 2023 | $1.3000 | $1.5000 | +15.4% |
| 2022 | $1.0000 | $1.3000 | +30.0% |
| 2021 | $0.8000 | $1.0000 | +25.0% |
| 2020 | $0.6560 | $0.8000 | +22.0% |
| 2019 | $0.5040 | $0.6560 | +30.2% |
| 2018 | $0.4200 | $0.5040 | +20.0% |
| 2017 | $0.3800 | $0.4200 | +10.5% |
| 2016 | $0.3320 | $0.3800 | +14.5% |
| 2015 | $0.2880 | $0.3320 | +15.3% |
| 2014 | — | $0.2880 | — |
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 Zoetis (ZTS) from the consolidated cash flow statement, in USD as filed.
Latest period
$889.00M
YoY change
+13.1%
5Y CAGR
+18.5%
Peak year (2025)
$889.00M
Latest annual
$889.00M
Cash dividends paid over time for Zoetis (ZTS)
Per-period cash dividends paid
Cash dividends paid annual + quarterly history for Zoetis (ZTS)
| Fiscal year | Period ended | Reported | Dividends Paid | YoY | YoY change |
|---|---|---|---|---|---|
| 2025 | $889.00M | +13.1% | +$103.00M | ||
| 2024 | $786.00M | +13.6% | +$94.00M | ||
| 2023 | $692.00M | +13.3% | +$81.00M | ||
| 2022 | $611.00M | +28.9% | +$137.00M | ||
| 2021 | $474.00M | +24.7% | +$94.00M | ||
| 2020 | $380.00M | +21.0% | +$66.00M | ||
| 2019 | $314.00M | +29.2% | +$71.00M | ||
| 2018 | $243.00M | +18.0% | +$37.00M | ||
| 2017 | $206.00M | +9.6% | +$18.00M | ||
| 2016 | $188.00M | +11.9% | +$20.00M | ||
| 2015 | $168.00M | +15.1% | +$22.00M | ||
| 2014 | $146.00M | +49.0% | +$48.00M | ||
| 2013 | $98.00M | +55.6% | +$35.00M | ||
| 2012 | $63.00M | -84.9% | -$353.00M | ||
| 2011 | $416.00M | +101.0% | +$209.00M | ||
| 2010 | $207.00M | +105.0% | +$106.00M | ||
| 2009 | $101.00M | — | — |
2025's annual dividends paid for Zoetis (ZTS) came in at $889.00M – grew 13.1% year-over-year.
Over 2020–2025 (5 years), Zoetis dividends paid expanded at a +18.5% compound annual rate, sustaining 13 straight years of year-over-year growth.
2025 marks the peak dividends paid at $889.00M, with the historical low of $63.00M recorded in 2012.
Zoetis (ZTS) sits 9th of 8 Healthcare peers we track on this metric, against a peer median of $8.05B.
Zoetis Dividends Paid 2025: $889.00M
Zoetis dividends paid in 2025 was $889.00M, grew 13.1% from 2024. This figure represents the highest annual value in the available history.
Zoetis Dividends Paid 2024: $786.00M
Zoetis dividends paid in 2024 was $786.00M, grew 13.6% from 2023.
Zoetis Dividends Paid 2023: $692.00M
Zoetis dividends paid in 2023 was $692.00M, grew 13.3% from 2022.
Zoetis Dividends Paid 2022: $611.00M
Zoetis dividends paid in 2022 was $611.00M, grew 28.9% from 2021.
Zoetis Dividends Paid 2021: $474.00M
Zoetis dividends paid in 2021 was $474.00M.
See more financial history for Zoetis (ZTS).
Sector peers by dividends paid
Companies in the same sector as Zoetis, ranked by their latest dividends paid.
| Company | Dividends Paid | Sector |
|---|---|---|
| Novo Nordisk (NVO) | $51.76B | Healthcare |
| Johnson & Johnson (JNJ) | $12.38B | Healthcare |
| AbbVie (ABBV) | $11.66B | Healthcare |
| Merck & Co. (MRK) | $8.18B | Healthcare |
| UnitedHealth Group (UNH) | $7.92B | Healthcare |
| Eli Lilly (LLY) | $5.38B | Healthcare |
| Amgen (AMGN) | $5.12B | Healthcare |
| AstraZeneca (AZN) | $5.08B | Healthcare |
Frequently asked questions
Does Zoetis pay dividends?
Yes, Zoetis (ZTS) pays quarterly dividends of approximately $2.06 per share annually, yielding 2.58%.
What is Zoetis's dividend yield?
Zoetis (ZTS) has a current dividend yield of 2.58%.
Is Zoetis's dividend safe?
Zoetis (ZTS) passes 7 out of 8 dividend safety checks. See the detailed breakdown above for each criterion.
How many consecutive years has Zoetis increased its dividend?
Zoetis (ZTS) has 13 consecutive years of dividend increases.
What is Zoetis's dividend payout ratio?
Zoetis (ZTS) has a dividend payout ratio of 34.2%. Trailing twelve months (GAAP): adjusted dividends over roughly 12 months aligned with the latest reported quarter, divided by the sum of diluted EPS from the last four fiscal quarters (not NII or taxable income for BDCs/REITs).
What is Zoetis's dividends paid?
Latest reported dividends paid for Zoetis (ZTS) is $889.00M (period ending March 31, 2026).
How has Zoetis dividends paid changed year-over-year?
Zoetis (ZTS) dividends paid changed +13.1% year-over-year on the latest annual filing.
What is the long-term growth rate of Zoetis dividends paid?
Zoetis (ZTS) dividends paid compound annual growth rate is +18.5% over the most recent 5 years available.
When did Zoetis dividends paid hit its highest annual value?
Zoetis dividends paid reached its highest annual value of $889.00M in 2025.
What was Zoetis dividends paid in 2024?
Zoetis (ZTS) dividends paid in 2024 was $786.00M.
What was Zoetis dividends paid in 2025?
Zoetis (ZTS) dividends paid in 2025 was $889.00M.
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