SAP SE (SAP) Dividend History
Income profile from 1996 to 2026 with payout safety and yield-on-cost trend
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
Payout Safety
Growth
Total Returns
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
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Monthly dividend calendar — upcoming ex-dates for stocks you follow.
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 0.3% and 5-year CAGR of 8.7%.
Total Shareholder Returns
Beyond cash dividends, SAP returns capital through share repurchases. The combined picture: 1.7% dividend yield, 1.2% buyback yield, 2.8% 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 19.9%, with dividends contributing 9.1% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $22,630 today.
SAP Recent Dividend Payments
Last 20 payments · Semi-Annual
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| May 6, 2026Latest | $0.0000 | ↓ -100.0% | 0.00% | — |
| May 5, 2026 | $2.9407 | ↑ +11.8% | 1.71% | May 15, 2026 |
| May 13, 2025 | $2.6298 | ↑ +10.0% | 90.77% | May 23, 2025 |
| May 16, 2024 | $2.3913 | ↑ +7.1% | 1.25% | May 28, 2024 |
| May 12, 2023 | $2.2330 | ↓ -14.4% | 3.68% | May 22, 2023 |
| May 19, 2022 | $2.6085 | ↑ +15.4% | 2.74% | May 31, 2022 |
| May 13, 2021 | $2.2599 | ↑ +30.4% | 1.67% | May 25, 2021 |
| May 21, 2020 | $1.7337 | ↑ +3.5% | 1.49% | Jun 2, 2020 |
SAP Dividend vs Peers
Comparable companies in the same industry
SAP Annual Dividend History (1996–2026)
31 years of dividend data
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2026YTD | $2.94 | — | 2 | — | — | — | 2.3% |
| 2025 | $2.63 | 10.0% | 1 | $5.99 | 43.9% | 2.28x | 2.0% |
| 2024 | $2.39 | 7.1% | 1 | $2.65 | 90.2% | 1.11x | 1.9% |
| 2023 | $2.23 | -14.4% | 1 | $5.20 | 42.9% | 2.33x | 1.7% |
| 2022 | $2.61 | 15.4% | 1 | $1.95 | 133.8% | 0.75x | 2.0% |
| 2021 | $2.26 | 30.4% | 1 | $4.56 | 49.6% | 2.02x | 1.7% |
| 2020 | $1.73 | 3.5% | 1 | $4.35 | 39.9% | 2.51x | 1.3% |
| 2019 | $1.67 | 1.2% | 1 | $2.80 | 59.8% | 1.67x | 1.3% |
| 2018 | $1.65 | 20.6% | 1 | $3.42 | 48.4% | 2.07x | 1.3% |
| 2017 | $1.37 | 5.1% | 1 | $3.35 | 41.0% | 2.44x | 1.1% |
Full Stock Analysis
Deep dive into SAP consensus models and risk factors.
Should I Buy SAP?
Wall Street verdict, signals, and target summaries.
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Historical Returns
30+ years return with dividends reinvested.
DCA Calculator
See how regular investing compounds over time.
Peer Comparison
Compare growth, multiples, and margins vs sector.
SAP — 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 +1.7%. 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 +8.7%.
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 $11,986 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 +1.7% market yield, thanks to consistent dividend growth.