SAP (SAPGF) Dividend

SAP SE · Technology · Software - Application · annual payer

$242.90

As of Nov 5, 2026, SAP (SAPGF) pays an annual dividend, or $2.93 a year, a 1.23% yield at its $242.90 share price. It pays once a year, usually in May. It has raised its dividend 2 years in a row and has a dividend safety grade of C.

Forward Yield

1.23%

Annual Dividend

$2.93

Payout Ratio

36%

5-Yr Growth

8.7%

Ex-Date

May 6, 2026

Frequency

Annual

Key facts about SAPGF's dividend

Data as of Nov 5, 2026 · Source: SmarterDividends data

As of Nov 5, 2026, SAP SE (SAPGF) has a forward dividend yield of 1.23%, based on an annual dividend of $2.93 per share and a share price of $242.90.
As of Nov 5, 2026, SAPGF's dividend safety grade from SmarterDividends is C (62 out of 100), which rates the dividend as borderline.
By SmarterDividends' count, SAP SE (SAPGF) has raised its dividend for 2 consecutive years as of Nov 5, 2026.
SAPGF last cut its regular dividend in 2023.
SAPGF's most recent ex-dividend date was May 14, 2025, for a dividend of $2.63 per share.
As of Nov 5, 2026, SAPGF pays out 36% of its trailing 12-month earnings as dividends (its payout ratio).
SAPGF's dividend has grown at an average rate of 8.7% a year over the past five years.
As of Nov 5, 2026, SAPGF's 1.23% yield is 23% below its five-year average yield of 1.60%.
As of Nov 5, 2026, SmarterDividends' blended fair-value estimate for SAPGF is $152.19 per share, 37% below the $242.90 share price, so SAPGF screens as overvalued.
SAP SE (SAPGF) pays its dividend annual, once a year.

Cite this page

SmarterDividends, "SAPGF Dividend: Yield, Safety Grade & Next Ex-Date," updated Nov 5, 2026, https://smarterdividends.com/stocks/SAPGF

Is SAPGF a good dividend stock?

Yes, with caveats

SAP SE (SAPGF) pays a annual dividend yielding 1.23% ($2.93/yr), with 2 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.

Advantages

Comfortable payout ratio (36%)
Strong 8.7% 5-yr dividend growth
80% total price return over 5 years

Risks

Cut its dividend in 2023

Key Data

Dividend Yield: 1.23%
Payout Ratio: 36%
Annual Dividend: $2.93
5-Yr Avg Growth: 8.7%
Ex-Dividend Date: May 6, 2026
Years of Growth: 2
Frequency: annual
Beta: 0.71
Market Cap: $280.4B
P/E Ratio: 30.2
5-Yr Total Return: 80%
52-Week Range: $145.25 – $265.03
Dividend Safety: C · 62/100
Ever Cut?: Yes (2023)

SAPGF dividend changes

SAP SE (SAPGF) pays a variable dividend: across the 12 payments on record since 2014, 9 were higher than the one before and 0 lower. The latest change was up 9.8% to $2.63 per share, going ex-dividend on May 14, 2025.

Ex-date	Change	Old → new	Move
May 14, 2025	Higher	$2.40 → $2.63	+9.8%
May 16, 2024	Higher	$2.24 → $2.40	+7.0%
May 12, 2023	Higher	$2.24 → $2.24	+0.2%
May 13, 2021	Higher	$1.74 → $2.24	+28.8%
May 21, 2020	Higher	$1.68 → $1.74	+3.3%
May 16, 2019	Higher	$1.65 → $1.68	+1.8%
May 18, 2018	Higher	$1.36 → $1.65	+21.5%
May 11, 2017	Higher	$1.31 → $1.36	+3.9%
May 13, 2016	Higher	$1.22 → $1.31	+7.2%

Every SAPGF payment →Download every raise and cut (CSV)

SAPGF ex-dividend date & scheduleNext ex-date May 6, 2026 · full ex-dividend historyView →SAPGF dividend historyEvery payment, totals by year, raises and cutsView →SAPGF dividend calculator100 shares pay $293.00 a year, $293.00 each yearCalculate →SAPGF total return calculatorWhat $10,000 became, with dividends reinvested or taken as cashSee →

Frequently Asked Questions

Is SAPGF a good dividend stock?

Yes, with caveats. SAP SE (SAPGF) pays a annual dividend yielding 1.23% ($2.93/yr), with 2 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.

Is SAPGF undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, SAPGF's fair value is about $152.19 versus a $242.90 share price — so it looks overvalued (-37% vs. fair value).

Is SAPGF's dividend safe?

SAPGF has a dividend-safety grade of C (62/100), based on its payout coverage, free-cash-flow, 2-year growth streak, a dividend cut in 2023, debt and yield-versus-history.

What is SAPGF's fair value?

Our blended fair-value estimate for SAPGF is about $152.19 per share, about 37% below the current $242.90 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is SAPGF a buy, hold, or sell?

We don't issue formal ratings, but on the data SAPGF screens as "yes, with caveats" and overvalued. SAP SE (SAPGF) pays a annual dividend yielding 1.23% ($2.93/yr), with 2 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying. This is research for your own analysis, not investment advice.

Will SAPGF cut its dividend?

SAPGF earns a dividend-safety grade of C (62/100), and has cut its dividend before (last in 2023). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does SAPGF pay a dividend?

Yes. SAP SE pays a annual dividend of about $2.93 per share annually, a forward yield of roughly 1.23%.

How much dividend does 100 shares of SAPGF pay?

At $2.93 per share a year, 100 shares of SAPGF pay $293.00 a year in dividends before tax, about $293.00 each year. Buying them costs about $24,290 at the Nov 5, 2026 price.

What is SAPGF's dividend yield?

As of Nov 5, 2026, SAPGF's forward dividend yield is 1.23%, based on a $2.93 annual dividend and a $242.90 share price.

What is SAPGF's dividend per share?

As of Nov 5, 2026, SAPGF pays $2.93 per share per year, distributed on a annual basis.

What is SAPGF's dividend payout ratio?

As of Nov 5, 2026, SAPGF's payout ratio is 36% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.

How many years has SAPGF grown its dividend?

As of Nov 5, 2026, SAPGF has increased its dividend for 2 consecutive years.

When is the next SAPGF ex-dividend date?

As of Nov 5, 2026, SAPGF's next ex-dividend date hasn't been announced. The most recent was May 14, 2025, for $2.63 per share.

Dividend Growth

Total dividends per share by year

Dividend History

Full SAPGF dividend history →

Ex-Date	Pay Date	Amount	Type
May 14, 2025	—	$2.6290	regular
May 16, 2024	May 21, 2024	$2.3950	regular
May 12, 2023	May 16, 2023	$2.2390	regular
May 19, 2022	May 23, 2022	$2.5640	regular
May 13, 2021	May 18, 2021	$2.2350	regular
May 21, 2020	May 26, 2020	$1.7350	regular
May 16, 2019	May 20, 2019	$1.6800	regular
May 18, 2018	May 22, 2018	$1.6510	regular
May 11, 2017	May 15, 2017	$1.3590	regular
May 13, 2016	May 13, 2016	$1.3080	regular
May 21, 2015	May 21, 2015	$1.2200	regular
May 22, 2014	May 22, 2014	$1.3690	regular