Trailing Dividend / Share
$2.24
SAP SE (SAP) Dividend History
Income profile from 1996 to 2025 with payout safety and yield-on-cost trend
Dividend Yield
1.3%
Payout Ratio
37.4%
Sustainable
Dividend Streak
2 years
3-Second Income Check
Safety
37.4% payout ratio with sustainable safety profile.
Consistency
2 straight years of dividend increases.
Income Trend
Yield on cost is 2.0% and trend is rising.
Dividend Scorecard
Yield & Income
Dividend Yield1.3%
Trailing DPS$2.24
FrequencyAnnual
Payments / 12M1
Payout Safety
Earnings Payout37.4%
Earnings SafetySustainable
FCF Payout31.4%
FCF SafetyWell Covered
Piotroski F-Score9/9
Growth
Growth Streak2 years
3Y CAGR-0.4%
5Y CAGR9.0%
Yield on Cost (5Y)2.0%
YOC Trendrising
Total Returns
Buyback Yield0.9%
Total Shareholder Yield2.2%
1Y Total Return-25.8%
5Y Total Return71.7%
Div Contribution (5Y)9.7%
Estimated $10K growth (return + dividends):
5Y ago$17,16610Y ago$29,38020Y ago$45,108
Uses precomputed total return metrics from screening data (not lot-by-lot dividend reinvestment transactions). Different time windows can produce different outcomes depending on market regime and entry point.
Income Growth Story
Dividend per share and yield on cost over time (30 years of payments)
Dividend Safety Story
EPS is the container — dividend is what's drawn out
Dividend Analysis
Payout Safety
SAP SE distributes 37.4% of earnings as dividends (Sustainable). When measured against free cash flow—a stricter test—the payout ratio stands at 31.4%, rated "Well Covered".
Piotroski F-Score: 9/9 — strong financial health.
Growth Track Record
SAP has raised its dividend for 2 consecutive years, with a 3-year CAGR of -0.4% and 5-year CAGR of 9.0%.
Total Shareholder Returns
Beyond cash dividends, SAP returns capital through share repurchases. The combined picture: 1.3% dividend yield, 0.9% buyback yield, 2.2% total shareholder yield.
Income Trend & Total Return
Yield on cost (5-year basis) has reached 2.0% and is currently rising. The 5-year total return is 71.7%, with dividends contributing 9.7% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $29,380 today.
Recent Dividend Payments
Last 20 payments · Annual
TTM Total$28.97
Avg/Payment$1.4485
Latest Change+10.3%
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| May 13, 2025Latest | $2.6298 | ↑ +10.3% | 90.77% | May 23, 2025 |
| May 16, 2024 | $2.3851 | ↑ +9.1% | 1.25% | May 28, 2024 |
| May 12, 2023 | $2.1864 | ↓ -17.8% | 1.66% | May 22, 2023 |
| May 19, 2022 | $2.6600 | ↑ +21.5% | 2.79% | May 31, 2022 |
| May 13, 2021 | $2.1890 | ↑ +27.9% | 1.62% | May 25, 2021 |
| May 21, 2020 | $1.7120 | ↑ +0.9% | 1.47% | Jun 2, 2020 |
| May 16, 2019 | $1.6960 | ↓ -1.8% | 1.31% | May 28, 2019 |
| May 18, 2018 | $1.7270 | ↑ +29.8% | 1.53% | May 29, 2018 |
Dividend Peer Comparison
Peer group: Vertical industry SaaS applications
#4 yield in peer group
Div Yield
1.3%
#4 of 4
Safety
Sustainable
37.4% payout
Streak
2Y
9.0% 5Y CAGR
Total Shareholder
2.2%
#3 of 4
Annual Dividend History
30 years of dividend data
GrowthDecline
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2025 | $2.63 | 10.3% | 1 | $5.99 | 43.9% | 2.28x | 2.0% |
| 2024 | $2.39 | 9.1% | 1 | $2.65 | 90.0% | 1.11x | 1.8% |
| 2023 | $2.19 | -17.8% | 1 | $5.20 | 42.0% | 2.38x | 1.7% |
| 2022 | $2.66 | 21.5% | 1 | $1.95 | 136.4% | 0.73x | 2.1% |
| 2021 | $2.19 | 27.9% | 1 | $4.56 | 48.0% | 2.08x | 1.7% |
| 2020 | $1.71 | 0.9% | 1 | $4.35 | 39.4% | 2.54x | 1.3% |
| 2019 | $1.70 | -1.8% | 1 | $2.80 | 60.6% | 1.65x | 1.3% |
| 2018 | $1.73 | 29.8% | 1 | $3.42 | 50.5% | 1.98x | 1.3% |
| 2017 | $1.33 | 2.0% | 1 | $3.35 | 39.7% | 2.52x | 1.0% |
| 2016 | $1.31 | 9.9% | 1 | $3.03 | 43.1% | 2.32x | 1.0% |
See SAP's True Return
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Start ComparisonFrequently Asked Questions
How much dividend does SAP pay per share?
SAP SE (SAP) pays a trailing 12-month dividend of $2.24 per share, with a current dividend yield of +1.3%. Payments are made Annual.
When is SAP's next ex-dividend date?
SAP's most recent ex-dividend date is N/A. You must own shares before the ex-dividend date to receive the next payment. SAP typically pays dividends Annual.
Is SAP's dividend safe?
SAP's dividend safety is rated "Sustainable" based on an earnings payout ratio of +37.4% and FCF payout ratio of +31.4%. The 2-year growth streak provides moderate confidence.
How many years has SAP increased its dividend?
SAP has 2 consecutive years of dividend growth. The 5-year dividend CAGR is +9.0%.
How often does SAP pay dividends?
SAP SE pays dividends Annual. The trailing 12-month total is $2.24 per share. Dividend data on this page covers 29+ years from 1996 to 2025.
How much would $10,000 invested in SAP grow with dividend reinvestment?
With dividends reinvested (DRIP), $10,000 invested in SAP five years ago would be worth approximately $17,166 today. This includes both price appreciation and compounded dividend reinvestment. Use the DRIP calculator above for other time periods.
What is SAP's yield on cost for long-term holders?
SAP's yield on cost — the current dividend divided by the original purchase price — is +2.0% for a 5-year holding period. This means long-term holders earn a higher effective yield than today's +1.3% market yield, thanks to consistent dividend growth.