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Data last updated: Oct 04, 2026
Snapshot (as of Oct 04, 2026): SAP SE (SAP) pays a $2.50 annual dividend, yielding 1.36% at $208.57/share. Next ex-dividend date 2026-05-05. Source: Yahoo Finance, aggregated by MerryDiv.
Dividend Yield: 1.36%
Annual Dividend: $2.50 per share
Payout Ratio: 37.0%
Ex-Dividend Date: 2026-05-05
Dividend Frequency: annually
Sector: Technology
Years of Dividend History: 31
SAP SE pays an annual dividend of $2.50 per share, currently yielding 1.35%. The company is a global enterprise software provider, best known for its S/4HANA ERP platform and SuccessFactors HR solutions, serving businesses across finance, supply chain, and human resources. SAP pays dividends annually, with the next ex-dividend date on May 5, 2026. With a beta of 0.775, SAP stock carries below-market price volatility, which suits growth-and-income investors who can accept a low current yield in exchange for dividend growth.
SAP SE pays out 37% of earnings as dividends, a payout ratio classified as conservative (below 40%). The company's portfolio spans enterprise-critical software including S/4HANA, SuccessFactors, and the SAP Business Technology Platform, products embedded deeply in customers' core operations, which supports demand for its services. SAP SE dividend safety is further reinforced by that low payout ratio, which leaves meaningful room to absorb earnings pressure without threatening the dividend. The primary risk is currency exposure: SAP reports in euros but pays dividends in dollars, so exchange rate swings directly affect the per-share amount received by U.S. investors.
SAP SE dividend history shows a CAGR of 10.4% per year from 2010 to 2025. Per-share payments grew from $0.5973 to $2.6298 over that period (2026 is a partial year and excluded from the CAGR calculation). The largest annual increase in the window was 62.8% in 2012. The data also contains at least one year-over-year decline exceeding 5%, so growth has not been linear. At 10.4% annualized, the dividend has roughly doubled every seven years, which meaningfully compounds yield-on-cost for long-term holders.
| Period | CAGR | From | To |
|---|---|---|---|
| 3-Year | +0.3% | $2.61 (2022) | $2.63 (2025) |
| 5-Year | +8.7% | $1.73 (2020) | $2.63 (2025) |
| 10-Year | +8.0% | $1.22 (2015) | $2.63 (2025) |
SAP SE fits growth-and-income investors who prioritize dividend growth over current income. The yield is low (below 2%), and at 1.35% today it sits above the 5-year average of 1.16%, so the current entry point offers slightly more income than the historical norm. The 10.4% annualized growth rate over 15 years is the defining characteristic here: income today is modest, but the compounding effect on yield-on-cost is real for patient holders. The 37% payout ratio keeps the dividend well-covered. The trade-off is straightforward: SAP stock delivers dividend growth, not dividend income, and investors who need high current yield will find the 1.35% insufficient.
| Payment Date | Amount per Share |
|---|---|
| 2026-05-05 | $2.9407 |
| 2025-05-13 | $2.6298 |
| 2024-05-16 | $2.3913 |
| 2023-05-12 | $2.2330 |
| 2022-05-19 | $2.6085 |
| 2021-05-13 | $2.2599 |
| 2020-05-21 | $1.7337 |
| 2019-05-16 | $1.6743 |
| 2018-05-18 | $1.6546 |
| 2017-05-11 | $1.3721 |
| Year | Total Dividends |
|---|---|
| 2026 | $2.9407 |
| 2025 | $2.6298 |
| 2024 | $2.3913 |
| 2023 | $2.2330 |
| 2022 | $2.6085 |
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