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 56.71% is in line with its 5-year average of 52.78%, around the middle of its 5-year range (20.70%–115.26%).
As of Friday, September 11, 2026. 36.41% below its 12-month average of 89.18%.
Dividend Payout Ratio (56.71%) = TTM Dividends/Share ($2.07) / TTM EPS ($3.65)
Trailing-12-month dividend payout ratio; raw quarterly payout is intentionally not charted. Historical series through 2026-09-11.
DIVIDEND PAYOUT RATIO
56.71%
DIVIDEND PAYOUT RATIO AVG TTM
89.18%
DIVIDEND PAYOUT RATIO AVG 3Y
65.66%
DIVIDEND PAYOUT RATIO AVG 5Y
52.78%
DIVIDEND PAYOUT RATIO AVG 10Y
50.87%
DIVIDEND PAYOUT RATIO AVG 15Y
44.15%
DIVIDEND PAYOUT RATIO AVG 20Y
39.90%
CURRENT VS TTM AVG
-36.41%
CURRENT VS 3Y AVG
-13.63%
CURRENT VS 5Y AVG
+7.45%
CURRENT VS 10Y AVG
+11.49%
CURRENT VS 15Y AVG
+28.45%
CURRENT VS 20Y AVG
+42.16%
| Fiscal year end | EPS | Dividends (FY) | Payout Ratio |
|---|---|---|---|
| 2025-12-31 | $2.23 | $2.04 | 91.5% |
| 2024-12-31 | $3.66 | $2.00 | 54.6% |
| 2023-12-31 | $6.44 | $1.80 | 28.0% |
| 2022-12-31 | $7.72 | $1.60 | 20.7% |
| 2021-12-31 | $4.80 | $1.48 | 30.8% |
| 2020-12-31 | $3.16 |
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 |
|---|---|
| 2026-09-11 | 56.71% |
| 2026-09-10 | 56.71% |
| 2026-09-09 | 56.71% |
| 2026-09-08 | 56.71% |
| 2026-09-04 | 56.71% |
| 2026-09-03 | 56.72% |
| 2026-09-02 | 56.71% |
| 2026-09-01 | 56.70% |
| 2026-08-31 | 56.71% |
| 2026-08-28 | 56.71% |
| 2026-08-27 | 56.71% |
| 2026-08-26 | 56.71% |
| 2026-08-25 | 56.72% |
| 2026-08-24 | 56.70% |
| 2026-08-21 | 56.71% |
| 2026-08-20 | 56.70% |
| 2026-08-19 | 70.70% |
| 2026-08-18 | 56.44% |
| 2026-08-17 | 56.44% |
| 2026-08-14 | 56.44% |
| 2026-08-13 | 56.44% |
| 2026-08-12 | 56.43% |
| 2026-08-11 | 56.43% |
| 2026-08-10 | 56.43% |
| 2026-08-07 | 56.43% |
| 2026-08-06 | 56.45% |
| 2026-08-05 | 56.43% |
| 2026-08-04 | 92.39% |
| 2026-08-03 | 92.36% |
| 2026-07-31 | 92.38% |
| 2026-07-30 | 92.38% |
| 2026-07-29 | 92.36% |
| 2026-07-28 | 92.38% |
| 2026-07-27 | 92.36% |
| 2026-07-24 | 92.38% |
| 2026-07-23 | 92.37% |
| 2026-07-22 | 92.38% |
| 2026-07-21 | 92.37% |
| 2026-07-20 | 92.38% |
| 2026-07-17 | 92.38% |
| 2026-07-16 | 92.38% |
| 2026-07-15 | 92.39% |
| 2026-07-14 | 92.38% |
| 2026-07-13 | 92.38% |
| 2026-07-10 | 92.38% |
| 2026-07-09 | 92.38% |
| 2026-07-08 | 92.37% |
| 2026-07-07 | 92.38% |
| 2026-07-06 | 92.39% |
| 2026-07-02 | 92.36% |
| 2026-07-01 | 92.37% |
| 2026-06-30 | 92.38% |
| 2026-06-29 | 92.37% |
| 2026-06-26 | 92.36% |
| 2026-06-25 | 92.37% |
| 2026-06-24 | 92.38% |
| 2026-06-23 | 92.38% |
| 2026-06-22 | 92.37% |
| 2026-06-18 | 92.38% |
| 2026-06-17 | 92.36% |
| 2026-06-16 | 92.39% |
| 2026-06-15 | 92.38% |
| 2026-06-12 | 92.37% |
| 2026-06-11 | 92.37% |
| 2026-06-10 | 92.38% |
| 2026-06-09 | 92.38% |
| 2026-06-08 | 92.37% |
| 2026-06-05 | 92.38% |
| 2026-06-04 | 92.39% |
| 2026-06-03 | 92.38% |
| 2026-06-02 | 92.38% |
| 2026-06-01 | 92.38% |
| 2026-05-29 | 92.39% |
| 2026-05-28 | 92.37% |
| 2026-05-27 | 92.37% |
| 2026-05-26 | 92.37% |
| 2026-05-22 | 92.37% |
| 2026-05-21 | 92.37% |
| 2026-05-20 | 115.26% |
| 2026-05-19 | 91.93% |
| 2026-05-18 | 91.92% |
| 2026-05-15 | 91.92% |
| 2026-05-14 | 91.94% |
| 2026-05-13 | 91.93% |
| 2026-05-12 | 91.92% |
| 2026-05-11 | 91.92% |
| 2026-05-08 | 91.94% |
| 2026-05-07 | 91.94% |
| 2026-05-06 | 91.94% |
| 2026-05-05 | 92.34% |
| 2026-05-04 | 92.35% |
| 2026-05-01 | 92.35% |
| 2026-04-30 | 92.35% |
| 2026-04-29 | 92.33% |
| 2026-04-28 | 92.33% |
| 2026-04-27 | 92.34% |
| 2026-04-24 | 92.33% |
| 2026-04-23 | 92.36% |
| 2026-04-22 | 92.33% |
| 2026-04-21 | 92.33% |
| 2026-04-20 | 92.35% |
| 2026-04-17 | 92.35% |
| 2026-04-16 | 92.35% |
| 2026-04-15 | 92.35% |
| 2026-04-14 | 92.35% |
| 2026-04-13 | 92.34% |
| 2026-04-10 | 92.34% |
| 2026-04-09 | 92.34% |
| 2026-04-08 | 92.35% |
| 2026-04-07 | 92.34% |
| 2026-04-06 | 92.33% |
| 2026-04-02 | 92.35% |
| 2026-04-01 | 92.34% |
| 2026-03-31 | 92.33% |
| 2026-03-30 | 92.34% |
| 2026-03-27 | 92.35% |
| 2026-03-26 | 92.34% |
| 2026-03-25 | 92.34% |
| 2026-03-24 | 92.34% |
| 2026-03-23 | 92.35% |
| 2026-03-20 | 92.35% |
| 2026-03-19 | 92.35% |
| 2026-03-18 | 92.33% |
| 2026-03-17 | 92.35% |
| 2026-03-16 | 92.34% |
| 2026-03-13 | 92.33% |
| 2026-03-12 | 92.35% |
| 2026-03-11 | 92.36% |
| 2026-03-10 | 92.35% |
| 2026-03-09 | 92.33% |
| 2026-03-06 | 92.35% |
| 2026-03-05 | 92.35% |
| 2026-03-04 | 92.34% |
| 2026-03-03 | 92.35% |
| 2026-03-02 | 92.35% |
| 2026-02-27 | 92.35% |
| 2026-02-26 | 92.34% |
| 2026-02-25 | 92.33% |
| 2026-02-24 | 92.34% |
| 2026-02-23 | 92.34% |
| 2026-02-20 | 92.35% |
| 2026-02-19 | 92.35% |
| 2026-02-18 | 92.33% |
| 2026-02-17 | 104.50% |
| 2026-02-13 | 83.26% |
| 2026-02-12 | 83.27% |
| 2026-02-11 | 83.28% |
| 2026-02-10 | 83.27% |
| 2026-02-09 | 83.27% |
| 2026-02-06 | 83.25% |
| 2026-02-05 | 83.28% |
| 2026-02-04 | 83.28% |
| 2026-02-03 | 83.28% |
| 2026-02-02 | 83.27% |
| 2026-01-30 | 83.25% |
| 2026-01-29 | 83.25% |
| 2026-01-28 | 83.26% |
| 2026-01-27 | 83.27% |
| 2026-01-26 | 83.27% |
| 2026-01-23 | 83.28% |
| 2026-01-22 | 83.28% |
| 2026-01-21 | 83.26% |
| 2026-01-20 | 83.27% |
| 2026-01-16 | 83.25% |
| 2026-01-15 | 83.26% |
| 2026-01-14 | 83.27% |
| 2026-01-13 | 83.27% |
| 2026-01-12 | 83.27% |
| 2026-01-09 | 83.26% |
| 2026-01-08 | 83.28% |
| 2026-01-07 | 83.28% |
| 2026-01-06 | 83.27% |
| 2026-01-05 | 83.27% |
| 2026-01-02 | 83.26% |
| 2025-12-31 | 83.28% |
| 2025-12-30 | 83.26% |
| 2025-12-29 | 83.25% |
| 2025-12-26 | 83.28% |
| 2025-12-24 | 83.25% |
| 2025-12-23 | 83.28% |
| 2025-12-22 | 83.26% |
| 2025-12-19 | 83.26% |
| 2025-12-18 | 83.28% |
| 2025-12-17 | 83.26% |
| 2025-12-16 | 83.28% |
| 2025-12-15 | 83.26% |
| 2025-12-12 | 83.25% |
| 2025-12-11 | 83.28% |
| 2025-12-10 | 83.27% |
| 2025-12-09 | 83.26% |
| 2025-12-08 | 83.27% |
| 2025-12-05 | 83.28% |
| 2025-12-04 | 83.27% |
| 2025-12-03 | 83.27% |
| 2025-12-02 | 83.28% |
| 2025-12-01 | 83.26% |
| 2025-11-28 | 83.26% |
| 2025-11-26 | 83.25% |
| 2025-11-25 | 83.27% |
| 2025-11-24 | 83.27% |
| 2025-11-21 | 83.26% |
| 2025-11-20 | 103.67% |
| 2025-11-19 | 103.69% |
| 2025-11-18 | 82.86% |
| 2025-11-17 | 82.87% |
| 2025-11-14 | 82.85% |
| 2025-11-13 | 82.85% |
| 2025-11-12 | 82.85% |
| 2025-11-11 | 82.85% |
| 2025-11-10 | 82.87% |
| 2025-11-07 | 82.87% |
| 2025-11-06 | 82.85% |
| 2025-11-05 | 82.87% |
| 2025-11-04 | 89.55% |
| 2025-11-03 | 89.52% |
| 2025-10-31 | 89.54% |
| 2025-10-30 | 89.54% |
| 2025-10-29 | 89.53% |
| 2025-10-28 | 89.54% |
| 2025-10-27 | 89.54% |
| 2025-10-24 | 89.53% |
| 2025-10-23 | 89.53% |
| 2025-10-22 | 89.55% |
| 2025-10-21 | 89.53% |
| 2025-10-20 | 89.53% |
| 2025-10-17 | 89.53% |
| 2025-10-16 | 89.53% |
| 2025-10-15 | 89.52% |
| 2025-10-14 | 89.54% |
| 2025-10-13 | 89.55% |
| 2025-10-10 | 89.52% |
| 2025-10-09 | 89.53% |
| 2025-10-08 | 89.53% |
| 2025-10-07 | 89.54% |
| 2025-10-06 | 89.52% |
| 2025-10-03 | 89.53% |
| 2025-10-02 | 89.53% |
| 2025-10-01 | 89.53% |
| 2025-09-30 | 89.54% |
| 2025-09-29 | 89.53% |
| 2025-09-26 | 89.54% |
| 2025-09-25 | 89.55% |
| 2025-09-24 | 89.55% |
| 2025-09-23 | 89.53% |
| 2025-09-22 | 89.53% |
| 2025-09-19 | 89.53% |
| 2025-09-18 | 89.54% |
| 2025-09-17 | 89.52% |
| 2025-09-16 | 89.53% |
| 2025-09-15 | 89.54% |
| 2025-09-12 | 89.55% |
| 2025-09-11 | 89.54% |
| 2025-09-10 | 89.55% |
| 2025-09-09 | 89.54% |
| 2025-09-08 | 89.54% |
| 2025-09-05 | 89.53% |
| 2025-09-04 | 89.54% |
| 2025-09-03 | 89.53% |
| 2025-09-02 | 89.54% |
| 2025-08-29 | 89.54% |
Showing the most recent 260 of 2,552 data points. The chart above shows the full history.
| $1.44 |
| 45.6% |
| 2019-12-31 | $2.45 | $1.40 | 57.1% |
| 2018-12-31 | $3.21 | $1.34 | 41.7% |
| 2017-12-31 | $2.80 | $1.28 | 45.7% |
| 2016-12-31 | $2.18 | $1.20 | 55.0% |
| 2015-12-31 | $2.99 | $1.12 | 37.5% |
| 2014-12-31 | $3.44 | $0.96 | 27.9% |
| 2013-12-31 | $2.03 | $0.76 | 37.4% |
| 2012-12-31 | $1.85 | $0.70 | 37.8% |
| 2012-06-30 | $3.17 | $0.69 | 21.6% |
| 2010-06-30 | $3.00 | $0.58 | 19.3% |
| 2009-06-30 | $2.65 | $0.54 | 20.4% |
| 2008-06-30 | $2.80 | $0.49 | 17.5% |
| 2007-06-30 | $3.32 | $0.43 | 13.0% |
| 2006-06-30 | $2.01 | $0.37 | 18.4% |
| 2005-06-30 | $1.60 | $0.32 | 20.0% |
| 2004-06-30 | $0.76 | $0.27 | 35.5% |
| 2003-06-30 | $0.70 | $0.24 | 34.3% |
| 2002-06-30 | $0.78 | $0.20 | 25.3% |
| 2001-06-30 | $0.55 | $0.19 | 34.2% |
| 2000-06-30 | $0.41 | $0.18 | 43.7% |
| 1999-06-30 | $0.32 | $0.17 | 53.3% |
| 1998-06-30 | $0.56 | $0.12 | 21.7% |
| 1997-06-30 | $0.43 | $0.15 | 35.6% |
| 1996-06-30 | $0.74 | $0.13 | 17.5% |
