SAP Dividend Yield 2026: SAP SE

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Data last updated: Aug 17, 2026

Snapshot (as of Aug 17, 2026): SAP SE (SAP) pays a $2.50 annual dividend ($0.63 quarterly), yielding 1.40% at $207.97/share. Next ex-dividend date 2026-05-05. Source: Yahoo Finance, aggregated by MerryDiv.

Dividend Yield: 1.40%

Annual Dividend: $2.50 per share

Payout Ratio: 36.2%

Ex-Dividend Date: 2026-05-05

Dividend Frequency: quarterly

Sector: Technology

Years of Dividend History: 31

About SAP SE Dividend

SAP SE dividend income comes from one of the world's largest enterprise software companies, built around its S/4HANA ERP platform and a broad portfolio of cloud solutions. The current yield is 1.41%, with a trailing annual dividend rate of $2.50 per share paid quarterly. The next ex-dividend date is May 5, 2026. A beta of 0.757 puts SAP stock below average market volatility, which suits investors who want dividend growth without sharp price swings.

Dividend Safety

SAP SE pays out 36.2% of earnings as dividends, a payout ratio classified as conservative (below 40%). That leaves meaningful room to sustain and grow the dividend, supported by a business model anchored in enterprise software subscriptions and platforms like S/4HANA, SuccessFactors, and the SAP Business Technology Platform, where customer switching costs are high. SAP SE dividend safety faces its most realistic pressure from currency fluctuations, given that dividends are paid in USD but the company reports in euros, which has driven year-over-year payment swings in the historical data.

SAP SE (SAP) Dividend Growth Rate, CAGR, and History

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, though the data also contains at least one year-over-year decline exceeding 5%, reflecting currency-driven volatility rather than a straight-line growth path.

SAP SE Dividend Growth Rate (CAGR)

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)

Is SAP SE a Good Dividend Stock?

SAP SE fits growth-and-income investors who prioritize dividend growth over current yield. At 1.41%, the yield is low (below 2%), and it sits above the 5-year average of 1.18%, which means current buyers are getting a slightly better entry yield than the historical norm. The 10.4% annual dividend CAGR over 15 years is the real draw here, not the income level today. The trade-off is straightforward: SAP stock delivers meaningful dividend growth backed by a conservative 36.2% payout ratio, but investors who need high current income will find the yield insufficient.

Recent SAP SE Dividend Payments

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

SAP SE Annual Dividend History

Year	Total Dividends
2026	$2.9407
2025	$2.6298
2024	$2.3913
2023	$2.2330
2022	$2.6085

Related Technology Dividend Stocks

• NVDA — NVIDIA Corporation (0.13% yield)
• AAPL — Apple Inc. (0.34% yield)
• MSFT — Microsoft Corporation (0.73% yield)
• TSM — Taiwan Semiconductor Manufacturing Company Limited (0.94% yield)
• AVGO — Broadcom Inc. (0.70% yield)
• MU — Micron Technology, Inc. (0.06% yield)

Frequently Asked Questions

Does SAP pay dividends?

Yes, SAP SE (SAP) pays a $0.63 quarterly dividend per share, yielding 1.40%.

How often does SAP SE pay dividends?

SAP SE pays dividends quarterly. The last dividend amount was $2.9407 per share, with the next ex-dividend date set for May 5, 2026.

What is SAP SE's current dividend yield?

The current SAP SE dividend yield is 1.41%. That sits above the 5-year average yield of 1.18%, meaning current buyers are receiving a slightly higher income rate than the stock's recent historical average.

Has SAP SE ever cut its dividend?

The available 15-year history shows at least one year-over-year decline exceeding 5%. For example, the 2023 payment of $2.2330 per share was lower than the 2022 payment of $2.6085. These swings appear linked to currency translation rather than a formal dividend cut, but declines did occur.

How fast has SAP SE grown its dividend?

SAP SE has grown its dividend at a compound annual growth rate (CAGR) of 10.4% per year from 2010 to 2025. Per-share payments rose from $0.5973 to $2.6298 over that 15-year window.

Is SAP SE dividend safe?

The 36.2% payout ratio is conservative (below 40%), which means SAP SE retains most of its earnings and is not stretching to fund the dividend. That payout level provides a meaningful buffer against earnings pressure.

What type of investor is SAP SE best suited for?

SAP SE suits growth-and-income investors who prioritize dividend growth over current yield. The 1.41% yield is low, but the 10.4% annual CAGR over 15 years and a conservative payout ratio make it a dividend-growth story rather than a high-income one.

Why is SAP SE dividend yield low?

At 1.41%, the yield is low because SAP SE retains most of its earnings, with a payout ratio of just 36.2%. The stock's value has also grown alongside its business, which compresses the yield relative to the dividend amount.

How does SAP SE compare to its own historical yield?

The current yield of 1.41% is above SAP SE's 5-year average yield of 1.18%. That gap is modest but means investors buying today are getting a slightly better income rate than the stock's recent norm.

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