What is the SAP dividend yield?

The SAP dividend yield shown here is the trailing twelve-month dividend per share divided by the latest market price, alongside a forward yield based on the annualized current payout.

When is the next SAP ex-dividend date?

The most recent SAP ex-dividend date is listed at the top of the payout history table. Ex-dividend dates typically repeat on the same quarterly cadence.

SAP Dividend History & Yield Analysis

Q: Does SAP pay dividends?

This page lists every recorded SAP dividend payment, including amounts, ex-dividend dates and pay dates, so you can confirm whether SAP currently pays a dividend.

SAP has 25 recorded dividend payments. Below is the full payout history with ex-dividend dates, pay dates, annual dividend totals and the current trailing and forward yield.

Yield & Payout Metrics

Dividend yield (TTM)

1.41%

Forward yield

1.41%

Dividend per share (TTM)

$2.93

Annualized rate

$2.93

Payout frequency

Annual

Last payment

$2.93

5-year dividend CAGR

8.97%

Consecutive growth years

Yields calculated against a market price of $207.84.

Annual Dividend History

2026$2.931 pmt
2025$2.631 pmt
2024$2.381 pmt
2023$2.191 pmt
2022$2.661 pmt
2021$2.191 pmt
2020$1.711 pmt
2019$1.701 pmt
2018$1.731 pmt
2017$1.331 pmt
2016$1.311 pmt
2015$1.191 pmt
2014$1.371 pmt
2013$1.111 pmt
2012$1.481 pmt
2011$0.82501 pmt
2010$0.67501 pmt
2009$0.67501 pmt
2008$0.77901 pmt
2007$0.61401 pmt
2006$0.43401 pmt
2005$0.35701 pmt
2004$0.24401 pmt
2003$0.15901 pmt
2002$0.12801 pmt

SAP Payout History & Ex-Dividend Dates

SAP dividend payments with ex-dividend date, pay date and amount per share
Ex-dividend date	Pay date	Amount / share
2026-05-01	2026-05-05	$2.93
2025-05-01	2025-05-13	$2.63
2024-05-01	2024-05-16	$2.38
2023-05-01	2023-05-12	$2.19
2022-05-01	2022-05-19	$2.66
2021-05-01	2021-05-13	$2.19
2020-05-01	2020-05-21	$1.71
2019-05-01	2019-05-16	$1.70
2018-05-01	2018-05-18	$1.73
2017-05-01	2017-05-11	$1.33
2016-05-01	2016-05-10	$1.31
2015-05-01	2015-05-18	$1.19
2014-05-01	2014-05-22	$1.37
2013-05-01	2013-05-31	$1.11
2012-05-01	2012-05-21	$1.48
2011-05-01	2011-05-23	$0.8250
2010-06-01	2010-06-04	$0.6750
2009-05-01	2009-05-15	$0.6750
2008-05-01	2008-05-30	$0.7790
2007-05-01	2007-05-08	$0.6140
2006-05-01	2006-05-05	$0.4340
2005-05-01	2005-05-10	$0.3570
2004-05-01	2004-05-04	$0.2440
2003-05-01	2003-05-07	$0.1590
2002-05-01	2002-05-01	$0.1280

Does SAP pay dividends?

Yes. SAP pays on a annual schedule, most recently $2.93 per share with an ex-dividend date of 2026-05-01. To receive a payout you must own the shares before the ex-dividend date; buying on or after it means the previous holder collects that payment.

How the SAP yield is calculated

The trailing yield divides the last twelve months of dividends per share ($2.93) by the latest market price. The forward yield annualizes the most recent payment across 1 payments per year, which reacts faster after a dividend raise or cut. A rising yield is only good news when it comes from a growing payout rather than a falling share price — check the annual history above and the SAP DCF fair value page for the cash flow behind it.