Basis: Latest stored market observation. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the dividend payout ratio high or low?
The dividend payout ratio of 52.07% is 16% above its 5-year average of 44.77%, around the middle of its 5-year range (29.53%–64.31%).
As of Sunday, July 26, 2026. 3.70% above its 12-month average of 50.22%.
Dividend Payout Ratio (52.07%) = TTM Dividends/Share ($6.52) / TTM EPS ($12.52)
DIVIDEND PAYOUT RATIO
52.07%
DIVIDEND PAYOUT RATIO AVG TTM
50.22%
DIVIDEND PAYOUT RATIO AVG 3Y
47.65%
DIVIDEND PAYOUT RATIO AVG 5Y
44.77%
DIVIDEND PAYOUT RATIO AVG 10Y
42.76%
DIVIDEND PAYOUT RATIO AVG 15Y
41.23%
DIVIDEND PAYOUT RATIO AVG 20Y
37.39%
CURRENT VS TTM AVG
+3.70%
CURRENT VS 3Y AVG
+9.29%
CURRENT VS 5Y AVG
+16.33%
CURRENT VS 10Y AVG
+21.77%
CURRENT VS 15Y AVG
+26.29%
CURRENT VS 20Y AVG
+39.26%
| Year | EPS | Dividend | Payout Ratio |
|---|---|---|---|
| 2025 | $12.29 | $6.07 | 49.4% |
| 2024 | $11.57 | $5.35 | 46.2% |
| 2023 | $10.90 | $4.65 | 42.7% |
| 2022 | $10.87 | $4.03 | 37.1% |
| 2021 | $9.31 | $3.61 | 38.8% |
| 2020 | $8.03 | $3.28 |
The payout ratio shows the share of trailing-12-month earnings paid out as dividends. Lower leaves more room to grow the dividend; a ratio persistently above 100% means dividends exceed earnings.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | DIVIDEND PAYOUT RATIO |
|---|---|
| 2026-07-24 | 52.07% |
| 2026-07-23 | 52.07% |
| 2026-07-22 | 52.08% |
| 2026-07-21 | 52.07% |
| 2026-07-20 | 52.08% |
| 2026-07-17 | 52.09% |
| 2026-07-16 | 52.08% |
| 2026-07-15 | 52.06% |
| 2026-07-14 | 52.09% |
| 2026-07-13 | 52.06% |
| 2026-07-10 | 52.07% |
| 2026-07-09 | 63.91% |
| 2026-07-08 | 50.89% |
| 2026-07-07 | 50.86% |
| 2026-07-06 | 50.88% |
| 2026-07-02 | 50.88% |
| 2026-07-01 | 50.86% |
| 2026-06-30 | 50.88% |
| 2026-06-29 | 50.86% |
| 2026-06-26 | 50.87% |
| 2026-06-25 | 50.88% |
| 2026-06-24 | 50.90% |
| 2026-06-23 | 50.86% |
| 2026-06-22 | 50.88% |
| 2026-06-18 | 50.87% |
| 2026-06-17 | 52.18% |
| 2026-06-16 | 52.19% |
| 2026-06-15 | 52.16% |
| 2026-06-12 | 52.19% |
| 2026-06-11 | 52.17% |
| 2026-06-10 | 52.16% |
| 2026-06-09 | 52.18% |
| 2026-06-08 | 52.19% |
| 2026-06-05 | 52.18% |
| 2026-06-04 | 52.18% |
| 2026-06-03 | 52.16% |
| 2026-06-02 | 52.17% |
| 2026-06-01 | 52.17% |
| 2026-05-29 | 52.17% |
| 2026-05-28 | 52.17% |
| 2026-05-27 | 52.16% |
| 2026-05-26 | 52.18% |
| 2026-05-22 | 52.17% |
| 2026-05-21 | 52.18% |
| 2026-05-20 | 52.18% |
| 2026-05-19 | 52.17% |
| 2026-05-18 | 52.17% |
| 2026-05-15 | 52.18% |
| 2026-05-14 | 52.17% |
| 2026-05-13 | 52.15% |
| 2026-05-12 | 52.15% |
| 2026-05-11 | 52.19% |
| 2026-05-08 | 52.18% |
| 2026-05-07 | 52.18% |
| 2026-05-06 | 52.18% |
| 2026-05-05 | 52.17% |
| 2026-05-04 | 52.16% |
| 2026-05-01 | 52.18% |
| 2026-04-30 | 52.18% |
| 2026-04-29 | 52.16% |
| 2026-04-28 | 52.18% |
| 2026-04-27 | 52.16% |
| 2026-04-24 | 52.18% |
| 2026-04-23 | 52.17% |
| 2026-04-22 | 52.17% |
| 2026-04-21 | 52.16% |
| 2026-04-20 | 52.19% |
| 2026-04-17 | 52.18% |
| 2026-04-16 | 52.17% |
| 2026-04-15 | 52.17% |
| 2026-04-14 | 52.17% |
| 2026-04-13 | 52.17% |
| 2026-04-10 | 52.16% |
| 2026-04-09 | 64.31% |
| 2026-04-08 | 50.96% |
| 2026-04-07 | 50.95% |
| 2026-04-06 | 50.93% |
| 2026-04-02 | 50.95% |
| 2026-04-01 | 50.94% |
| 2026-03-31 | 50.94% |
| 2026-03-30 | 50.94% |
| 2026-03-27 | 50.93% |
| 2026-03-26 | 50.95% |
| 2026-03-25 | 50.95% |
| 2026-03-24 | 50.94% |
| 2026-03-23 | 50.94% |
| 2026-03-20 | 50.94% |
| 2026-03-19 | 50.94% |
| 2026-03-18 | 51.41% |
| 2026-03-17 | 51.41% |
| 2026-03-16 | 51.40% |
| 2026-03-13 | 51.40% |
| 2026-03-12 | 51.40% |
| 2026-03-11 | 51.40% |
| 2026-03-10 | 51.39% |
| 2026-03-09 | 51.40% |
| 2026-03-06 | 51.41% |
| 2026-03-05 | 51.42% |
| 2026-03-04 | 51.42% |
| 2026-03-03 | 51.42% |
| 2026-03-02 | 51.41% |
| 2026-02-27 | 51.41% |
| 2026-02-26 | 51.41% |
| 2026-02-25 | 51.42% |
| 2026-02-24 | 51.41% |
| 2026-02-23 | 51.42% |
| 2026-02-20 | 51.41% |
| 2026-02-19 | 51.39% |
| 2026-02-18 | 51.40% |
| 2026-02-17 | 51.40% |
| 2026-02-13 | 51.40% |
| 2026-02-12 | 51.40% |
| 2026-02-11 | 51.41% |
| 2026-02-10 | 51.42% |
| 2026-02-09 | 51.41% |
| 2026-02-06 | 51.42% |
| 2026-02-05 | 51.39% |
| 2026-02-04 | 51.40% |
| 2026-02-03 | 51.39% |
| 2026-02-02 | 51.41% |
| 2026-01-30 | 51.41% |
| 2026-01-29 | 51.41% |
| 2026-01-28 | 51.41% |
| 2026-01-27 | 51.40% |
| 2026-01-26 | 51.41% |
| 2026-01-23 | 51.41% |
| 2026-01-22 | 51.41% |
| 2026-01-21 | 51.40% |
| 2026-01-20 | 51.41% |
| 2026-01-16 | 51.40% |
| 2026-01-15 | 63.64% |
| 2026-01-14 | 63.65% |
| 2026-01-13 | 63.65% |
| 2026-01-12 | 50.17% |
| 2026-01-09 | 50.17% |
| 2026-01-08 | 50.16% |
| 2026-01-07 | 50.16% |
| 2026-01-06 | 50.16% |
| 2026-01-05 | 50.17% |
| 2026-01-02 | 50.16% |
| 2025-12-31 | 50.16% |
| 2025-12-30 | 50.16% |
| 2025-12-29 | 50.15% |
| 2025-12-26 | 50.16% |
| 2025-12-24 | 50.16% |
| 2025-12-23 | 50.17% |
| 2025-12-22 | 50.17% |
| 2025-12-19 | 50.17% |
| 2025-12-18 | 50.16% |
| 2025-12-17 | 49.96% |
| 2025-12-16 | 49.96% |
| 2025-12-15 | 49.97% |
| 2025-12-12 | 49.96% |
| 2025-12-11 | 49.95% |
| 2025-12-10 | 49.95% |
| 2025-12-09 | 49.95% |
| 2025-12-08 | 49.95% |
| 2025-12-05 | 49.96% |
| 2025-12-04 | 49.96% |
| 2025-12-03 | 49.97% |
| 2025-12-02 | 49.95% |
| 2025-12-01 | 49.96% |
| 2025-11-28 | 49.97% |
| 2025-11-26 | 49.96% |
| 2025-11-25 | 49.95% |
| 2025-11-24 | 49.96% |
| 2025-11-21 | 49.96% |
| 2025-11-20 | 49.96% |
| 2025-11-19 | 49.95% |
| 2025-11-18 | 49.95% |
| 2025-11-17 | 49.95% |
| 2025-11-14 | 49.95% |
| 2025-11-13 | 49.97% |
| 2025-11-12 | 49.96% |
| 2025-11-11 | 49.95% |
| 2025-11-10 | 49.96% |
| 2025-11-07 | 49.97% |
| 2025-11-06 | 49.95% |
| 2025-11-05 | 49.97% |
| 2025-11-04 | 49.95% |
| 2025-11-03 | 49.96% |
| 2025-10-31 | 49.95% |
| 2025-10-30 | 49.95% |
| 2025-10-29 | 49.96% |
| 2025-10-28 | 49.95% |
| 2025-10-27 | 49.96% |
| 2025-10-24 | 49.95% |
| 2025-10-23 | 49.96% |
| 2025-10-22 | 49.97% |
| 2025-10-21 | 49.96% |
| 2025-10-20 | 49.95% |
| 2025-10-17 | 49.96% |
| 2025-10-16 | 49.96% |
| 2025-10-15 | 49.96% |
| 2025-10-14 | 49.96% |
| 2025-10-13 | 49.97% |
| 2025-10-10 | 49.96% |
| 2025-10-09 | 47.14% |
| 2025-10-08 | 47.13% |
| 2025-10-07 | 47.13% |
| 2025-10-06 | 47.14% |
| 2025-10-03 | 47.13% |
| 2025-10-02 | 47.12% |
| 2025-10-01 | 47.12% |
| 2025-09-30 | 47.12% |
| 2025-09-29 | 47.14% |
| 2025-09-26 | 47.14% |
| 2025-09-25 | 47.14% |
| 2025-09-24 | 47.15% |
| 2025-09-23 | 47.13% |
| 2025-09-22 | 47.14% |
| 2025-09-19 | 47.12% |
| 2025-09-18 | 47.13% |
| 2025-09-17 | 47.14% |
| 2025-09-16 | 47.12% |
| 2025-09-15 | 47.14% |
| 2025-09-12 | 47.13% |
| 2025-09-11 | 47.14% |
| 2025-09-10 | 47.14% |
| 2025-09-09 | 47.13% |
| 2025-09-08 | 47.14% |
| 2025-09-05 | 47.14% |
| 2025-09-04 | 47.14% |
| 2025-09-03 | 47.12% |
| 2025-09-02 | 47.14% |
| 2025-08-29 | 47.14% |
| 2025-08-28 | 47.14% |
| 2025-08-27 | 47.13% |
| 2025-08-26 | 47.14% |
| 2025-08-25 | 47.14% |
| 2025-08-22 | 47.14% |
| 2025-08-21 | 47.13% |
| 2025-08-20 | 47.14% |
| 2025-08-19 | 47.13% |
| 2025-08-18 | 47.15% |
| 2025-08-15 | 47.14% |
| 2025-08-14 | 47.14% |
| 2025-08-13 | 47.13% |
| 2025-08-12 | 47.14% |
| 2025-08-11 | 47.14% |
| 2025-08-08 | 47.12% |
| 2025-08-07 | 47.15% |
| 2025-08-06 | 47.14% |
| 2025-08-05 | 47.13% |
| 2025-08-04 | 47.13% |
| 2025-08-01 | 47.13% |
| 2025-07-31 | 47.14% |
| 2025-07-30 | 47.14% |
| 2025-07-29 | 47.14% |
| 2025-07-28 | 47.14% |
| 2025-07-25 | 47.13% |
| 2025-07-24 | 47.14% |
| 2025-07-23 | 47.13% |
| 2025-07-22 | 47.14% |
| 2025-07-21 | 47.14% |
| 2025-07-18 | 47.14% |
| 2025-07-17 | 47.14% |
| 2025-07-16 | 47.14% |
| 2025-07-15 | 47.13% |
| 2025-07-14 | 47.13% |
Showing the most recent 260 of 2,652 data points. The chart above shows the full history.
| 40.8% |
| 2019 | $7.49 | $2.26 | 30.2% |
| 2018 | $6.46 | $2.79 | 43.2% |
| 2017 | $5.56 | $2.54 | 45.7% |
| 2016 | $6.58 | $2.31 | 35.1% |
| 2015 | $4.87 | $3.14 | 64.5% |
| 2014 | $4.64 | $1.95 | 42.0% |
| 2013 | $5.08 | $1.74 | 34.3% |
| 2012 | $3.97 | $1.49 | 37.4% |
| 2011 | $3.53 | $1.13 | 31.9% |
| 2010 | $2.79 | $0.82 | 29.6% |
| 2009 | $2.55 | $0.75 | 29.4% |
| 2008 | $2.77 | $0.50 | 18.1% |
| 2007 | $2.06 | $0.42 | 20.4% |
| 2006 | $1.65 | $0.35 | 21.2% |
| 2005 | $1.60 | $0.30 | 18.7% |
| 2004 | $1.25 | $0.00 | 0.0% |
| 2003 | $1.06 | $0.00 | 0.0% |
| 2002 | $0.57 | $0.00 | 0.0% |
| 2001 | $2.58 | $0.00 | 0.0% |
