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XYL Xylem dividend history, payout ratio & dates

Xylem's latest quarterly cash dividend of $0.36 per share was issued to shareholders on record before Feb 20, 2024. The dividend distribution stands at $1.35 per share annually, which comes to a dividend yield of 1.05%. The latest XYL dividend of $0.36 is an increase from the previous $0.33 payout, representing a growth of 9%.

Key dates

  • XYL last dividend date: Feb 20, 2024
  • XYL next dividend date: Not announced
XYL dividend stats
DPS
$1.35
Dividend yield
1.05%
Payout ratio
48%
vs. Industrials sector
Dividend yield
1.4%
Payout ratio
30.2%

Dividend yield

What is Xylem current dividend yield

XYL has a dividend yield of 1.05% which is lower than the Industrials sector, the industry and its peers average. If we compare it with the Industrials sector average of 1.4%, Xylem's dividend yield is 25% lower. The current dividend yield is less than the historical average of 1.2% of the last 5 years.

Dividend history

What is XYL dividend payout history and dates

Xylem has been paying dividends for the last 13 years. Our records show that XYL has distributed four quarterly dividends in the past year. The annualized dividend per share has an increase of 10% since twelve months ago. However with the price of the stock up by 24% from a year ago, the dividend yield has a decrease of 12%.

Recent dividends

Ex-date Payment date Declared on Amount Type
Feb 20, 2024 Mar 20, 2024 Feb 6, 2024 $0.36 normal
Nov 20, 2023 Dec 19, 2023 Nov 9, 2023 $0.33 normal
Aug 30, 2023 Sep 28, 2023 Aug 17, 2023 $0.33 normal
May 26, 2023 Jun 28, 2023 May 18, 2023 $0.33 normal
Feb 21, 2023 Mar 22, 2023 Feb 7, 2023 $0.33 normal
Nov 21, 2022 Dec 20, 2022 Nov 10, 2022 $0.3 normal
Aug 31, 2022 Sep 29, 2022 Aug 18, 2022 $0.3 normal
May 25, 2022 Jun 23, 2022 May 12, 2022 $0.3 normal
Feb 16, 2022 Mar 17, 2022 Feb 2, 2022 $0.3 normal
Nov 22, 2021 Dec 21, 2021 Nov 11, 2021 $0.28 normal
Aug 25, 2021 Sep 23, 2021 Aug 11, 2021 $0.28 normal
May 26, 2021 Jun 24, 2021 May 13, 2021 $0.28 normal
Feb 17, 2021 Mar 18, 2021 $0.28 normal
Nov 4, 2020 Dec 3, 2020 Oct 15, 2020 $0.26 normal
Aug 26, 2020 Sep 24, 2020 Aug 13, 2020 $0.26 normal
May 27, 2020 Jun 25, 2020 May 14, 2020 $0.26 normal
Feb 26, 2020 Mar 26, 2020 Feb 6, 2020 $0.26 normal
Oct 30, 2019 Dec 5, 2019 Oct 17, 2019 $0.24 normal
Aug 28, 2019 Sep 26, 2019 Aug 15, 2019 $0.24 normal
May 29, 2019 Jun 27, 2019 May 16, 2019 $0.24 normal
Feb 13, 2019 Mar 14, 2019 Jan 31, 2019 $0.24 normal
Oct 31, 2018 Dec 7, 2018 Oct 11, 2018 $0.21 normal
Aug 29, 2018 Sep 20, 2018 Aug 16, 2018 $0.21 normal
May 23, 2018 Jun 21, 2018 May 10, 2018 $0.21 normal
Feb 14, 2018 Mar 15, 2018 Feb 1, 2018 $0.21 normal
Nov 1, 2017 Dec 6, 2017 Oct 12, 2017 $0.18 normal
Aug 29, 2017 Sep 20, 2017 Aug 17, 2017 $0.18 normal
May 23, 2017 Jun 21, 2017 May 11, 2017 $0.18 normal
Feb 14, 2017 Mar 15, 2017 Feb 2, 2017 $0.18 normal
Nov 7, 2016 Dec 7, 2016 Oct 13, 2016 $0.155 normal
Aug 29, 2016 Sep 14, 2016 Aug 17, 2016 $0.155 normal
May 23, 2016 Jun 22, 2016 May 12, 2016 $0.155 normal
Feb 16, 2016 Mar 16, 2016 Feb 4, 2016 $0.155 normal
Nov 2, 2015 Dec 2, 2015 Oct 14, 2015 $0.141 normal
Aug 31, 2015 Sep 23, 2015 Aug 19, 2015 $0.141 normal

Xylem dividend payout ratio

What is Xylem dividend payout ratio compared to the sector

Payout ratio

XYL has a payout ratio of 48% which is higher than the Industrials sector, the industry and its peers average. In comparison with the Industrials sector average of 30.2%, Xylem's payout ratio is 59% higher.

Total amount of dividends paid per financial year (from cash flow)

XYL dividend vs peer dividends

How does XYL dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
GRC Gorman Rupp Co 1.94% $0.71 53%
FLS Flowserve Corp 1.74% $0.81 57%
TTC Toro Co 1.63% $1.4 50.7%
GGG Graco Inc 1.1% $0.98 32.6%
XYL Xylem Inc 1.05% $1.35 48%
FELE Franklin Electric Co Inc 0.92% $0.93 22.2%
ITT ITT Inc 0.92% $1.19 23.8%
TMO Thermo Fisher Scientific Inc 0.25% $1.44 9.3%

Frequently asked questions

Does Xylem pay a dividend?

Yes, Xylem has been paying dividends for the last 13 years.

When is Xylem's next dividend?

At this point we don't have a record of XYL's next dividend date, but based on the current dividend schedule we project that it will likely be in May 2024.

When was XYL's last dividend?

Xylem's last dividend ex-date was on Feb 20, 2024. The dividend amount was $0.36 per share.

How much dividend does Xylem pay (per share)?

XYL's annualized dividend per share is $1.35.

What is Xylem's dividend yield?

Currently Xylem's dividend yield is 1.05%.

How often does Xylem pay dividends?

Xylem pays four dividends per year.

What is Xylem's dividend payout ratio?

The dividend payout ratio of Xylem is 48%.

Does Xylem pay a good dividend?

Xylem's dividend yield is less than the Industrials sector average.