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Zoetis dividend history

Zoetis's dividend was $2.03 a share in fiscal 2025, up 13.0% on the year before. That was 33.3% of net income. It has raised its dividend per share every year since fiscal 2013, as far back as our figures go.

Dividends, buybacks and capital spending

FY2026 Q2 TTM
Buybacks (TTM)
$3.6B
Dividends (TTM)
$889M
Returned to shareholders
196%
of free cash flow
Buybacks, last 3 fiscal years
$6.2B
Diluted share count
−4.2%
year over year
Total shareholder yield
13.2%
dividends 2.6% + buybacks 10.6% of market value
Dividend payout ratio
34%
of net income paid out
R&D spending
7.6%
of revenue
Sales & admin spending
25.0%
of revenue
Days sales outstanding
60 days
receivables vs revenue

Dividends by fiscal year

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year2011Dec 20112012Dec 20122013Dec 20132014Dec 20142015Dec 20152016Dec 20162017Dec 20172018Dec 20182019Dec 20192020Dec 20202021Dec 20212022Dec 20222023Dec 20232024Dec 20242025Dec 2025LTMJun 2026
Dividend per share——$0.267$0.299$0.344$0.390$0.441$0.542$0.692$0.850$1.07$1.35$1.56$1.80$2.03—
Dividend per share growth———+12.0%+15.1%+13.4%+13.1%+22.9%+27.7%+22.8%+26.5%+25.6%+15.3%+15.3%+13.0%—
Dividends paid4166398146168188206243314380474611692786889889
Share buybacks——002033005006986262507431,5941,0921,8583,2353,644
Dividends ÷ net income169.8%14.4%19.4%25.0%49.6%22.9%23.8%17.0%20.9%23.2%23.3%28.9%29.5%31.6%33.3%34.0%
Dividends ÷ free cash flow114.9%19.2%19.7%32.7%38.2%37.8%18.4%16.7%23.5%22.7%27.3%46.1%42.7%34.2%38.9%38.4%

Dividend per share is the amount declared for the fiscal year as stated in the company's filings (including any special dividend), restated for stock splits and checked against the cash dividends paid. Dividends paid and buybacks are cash amounts; the last-twelve-months column can include an extra payment when a quarter-end date moves.

Recent dividend announcements

  • Zoetis Declares Fourth Quarter 2026 Dividend Source

Compare with peers

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Figures from Zoetis's SEC filings (10-K and 10-Q), retrieved October 20, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Zoetis.