Trailing Dividend / Share
$2.24
SAP SE (SAP) Dividend History
Income profile from 1996 to 2026 with payout safety and yield-on-cost trend
Dividend Yield
1.5%
Payout Ratio
37.4%
Sustainable
Dividend Streak
2 years
SAP Dividend 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.
SAP Dividend Scorecard
Yield & Income
Dividend Yield1.5%
Trailing DPS$2.24
FrequencySemi-Annual
Payments / 12M3
Payout Safety
Earnings Payout37.4%
Earnings SafetySustainable
FCF Payout31.1%
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 Yield1.1%
Total Shareholder Yield2.6%
1Y Total Return-41.5%
5Y Total Return35.0%
Div Contribution (5Y)10.3%
Estimated $10K growth (return + dividends):
5Y ago$13,50510Y ago$25,21620Y ago$36,201
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.
SAP Income Growth Story
Dividend per share and yield on cost over time (31 years of payments)
SAP 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 31.1%, 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: 1.5% dividend yield, 1.1% buyback yield, 2.6% 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 35.0%, with dividends contributing 10.3% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $25,216 today.
SAP Recent Dividend Payments
Last 20 payments · Semi-Annual
TTM Total$30.05
Avg/Payment$1.5024
Latest Change-100.0%
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| May 6, 2026Latest | $0.0000 | ↓ -100.0% | 0.00% | — |
| May 5, 2026 | $2.1265 | ↓ -19.1% | 1.24% | May 15, 2026 |
| May 13, 2025 | $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 |
SAP Dividend vs Peers
Comparable companies in the same industry
#1 yield in peer group
Div Yield
1.5%
#1 of 5
Safety
Sustainable
37.4% payout
Streak
2Y
9.0% 5Y CAGR
Total Shareholder
2.6%
#3 of 5
ORCL
MSFT
INTU
CRMSAP Annual Dividend History (1996–2026)
31 years of dividend data
GrowthDecline
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2026YTD | $2.13 | — | 2 | — | — | — | 1.6% |
| 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% |
Full SAP Stock Analysis
Analyst consensus, bull case, AI-generated risk factors, and peer comparison — all in one place.
Should I Buy SAP Right Now?
Bull case, key risks, Wall St analyst verdict, and what council investors are saying — updated daily.
See SAP's True Return
Price is only half the story. See total return with reinvested dividends.
Launch CalculatorIs SAP Undervalued?
DCF intrinsic value, peer multiples, and analyst estimates — see what the stock is really worth.
View ValuationCompare SAP vs NVDA
Side-by-side business, growth, and profitability comparison vs NVIDIA Corporation.
Start ComparisonSAP — Frequently Asked Questions
Quick answers to the most common questions about buying SAP stock.
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 +1.5%. Payments are made Semi-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 Semi-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 +31.1%. 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 Semi-Annual. The trailing 12-month total is $2.24 per share. Dividend data on this page covers 30+ years from 1996 to 2026.
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 $13,505 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 +1.5% market yield, thanks to consistent dividend growth.