SmarterDividends
SAP

SAP SE

SAP

Technology · Stock · annual payer

Forward Yield

1.57%

Annual Dividend

$2.93

Payout Ratio

37%

5-Yr Growth

9.0%

Ex-Date

May 6, 2026

Frequency

Annual

SAP Dividend Safety Score

67/ 100
Grade B

Safe

Dividend-growth streak3 consecutive years of growth
Cut historyCut its dividend in 2023
Earnings payout coverage37% of earnings paid out
Free-cash-flow coverage42% of free cash flow
Balance-sheet strengthDebt/equity of 0.17
Yield vs its historyYield in line with its history

SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.

Dividend Growth

Total dividends per share by year

Is SAP a good dividend stock?

Yes, with caveats

SAP SE (SAP) pays a annual dividend yielding 1.57% ($2.93/yr), with 2 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying.

Advantages

  • Comfortable payout ratio (37%)
  • Strong 9.0% 5-yr dividend growth

Risks

  • Cut its dividend in 2023

Key Data

Dividend Yield
1.57%
Payout Ratio
37%
Annual Dividend
$2.93
5-Yr Avg Growth
9.0%
Ex-Dividend Date
May 6, 2026
Years of Growth
2
Frequency
annual
Beta
0.73
Market Cap
$220.6B
P/E Ratio
25.8
5-Yr Total Return
33%
52-Week Range
$158.58 – $313.28
Dividend Safety
B · 67/100
Ever Cut?
Yes (2023)
SAP ex-dividend date & scheduleNext ex-date May 6, 2026 · full ex-dividend historyView →

Frequently Asked Questions

Income Calculator

At $2.93 / yr per share

Per payment (annual)$293.00
Annual$293.00
Monthly avg$24.42