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 16.35% is 14% below its 5-year average of 18.98%, near the low end of its 5-year range (5.88%–87.88%).
As of Friday, September 4, 2026. 1.38% above its 12-month average of 16.12%.
Dividend Payout Ratio (16.35%) = TTM Dividends/Share ($1.18) / TTM EPS ($7.22)
DIVIDEND PAYOUT RATIO
16.35%
DIVIDEND PAYOUT RATIO AVG TTM
16.12%
DIVIDEND PAYOUT RATIO AVG 3Y
22.61%
DIVIDEND PAYOUT RATIO AVG 5Y
18.98%
DIVIDEND PAYOUT RATIO AVG 10Y
20.46%
DIVIDEND PAYOUT RATIO AVG 15Y
17.69%
DIVIDEND PAYOUT RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+1.38%
CURRENT VS 3Y AVG
-27.71%
CURRENT VS 5Y AVG
-13.88%
CURRENT VS 10Y AVG
-20.09%
CURRENT VS 15Y AVG
-7.61%
CURRENT VS 20Y AVG
N/A
| Fiscal year end | EPS | Dividends (FY) | Payout Ratio |
|---|---|---|---|
| 2025-12-31 | $9.76 | $1.16 | 11.9% |
| 2024-12-31 | ($5.69) | $0.87 | N/A (Loss) |
| 2023-12-31 | $15.66 | $6.11 | 39.0% |
| 2022-12-31 | $11.92 | $0.92 | 7.7% |
| 2021-12-31 | $11.93 | $0.76 | 6.4% |
| 2020-12-31 | $5.69 |
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 |
|---|---|
| 2026-09-04 | 16.35% |
| 2026-09-03 | 16.35% |
| 2026-09-02 | 16.35% |
| 2026-09-01 | 16.34% |
| 2026-08-31 | 16.35% |
| 2026-08-28 | 16.34% |
| 2026-08-27 | 16.34% |
| 2026-08-26 | 16.34% |
| 2026-08-25 | 16.35% |
| 2026-08-24 | 16.34% |
| 2026-08-21 | 16.34% |
| 2026-08-20 | 16.35% |
| 2026-08-19 | 16.34% |
| 2026-08-18 | 16.35% |
| 2026-08-17 | 16.35% |
| 2026-08-14 | 20.35% |
| 2026-08-13 | 16.20% |
| 2026-08-12 | 16.21% |
| 2026-08-11 | 16.21% |
| 2026-08-10 | 16.20% |
| 2026-08-07 | 16.20% |
| 2026-08-06 | 16.21% |
| 2026-08-05 | 16.20% |
| 2026-08-04 | 16.21% |
| 2026-08-03 | 16.20% |
| 2026-07-31 | 16.21% |
| 2026-07-30 | 16.21% |
| 2026-07-29 | 11.30% |
| 2026-07-28 | 11.30% |
| 2026-07-27 | 11.31% |
| 2026-07-24 | 11.30% |
| 2026-07-23 | 11.30% |
| 2026-07-22 | 11.30% |
| 2026-07-21 | 11.30% |
| 2026-07-20 | 11.30% |
| 2026-07-17 | 11.30% |
| 2026-07-16 | 11.30% |
| 2026-07-15 | 11.30% |
| 2026-07-14 | 11.31% |
| 2026-07-13 | 11.30% |
| 2026-07-10 | 11.31% |
| 2026-07-09 | 11.30% |
| 2026-07-08 | 11.31% |
| 2026-07-07 | 11.30% |
| 2026-07-06 | 11.30% |
| 2026-07-02 | 11.31% |
| 2026-07-01 | 11.30% |
| 2026-06-30 | 11.31% |
| 2026-06-29 | 11.30% |
| 2026-06-26 | 11.31% |
| 2026-06-25 | 11.30% |
| 2026-06-24 | 11.30% |
| 2026-06-23 | 11.31% |
| 2026-06-22 | 11.31% |
| 2026-06-18 | 11.30% |
| 2026-06-17 | 11.31% |
| 2026-06-16 | 11.31% |
| 2026-06-15 | 11.30% |
| 2026-06-12 | 11.31% |
| 2026-06-11 | 11.31% |
| 2026-06-10 | 11.30% |
| 2026-06-09 | 11.30% |
| 2026-06-08 | 11.30% |
| 2026-06-05 | 11.31% |
| 2026-06-04 | 11.30% |
| 2026-06-03 | 11.31% |
| 2026-06-02 | 11.30% |
| 2026-06-01 | 11.30% |
| 2026-05-29 | 11.31% |
| 2026-05-28 | 11.30% |
| 2026-05-27 | 11.30% |
| 2026-05-26 | 11.31% |
| 2026-05-22 | 11.30% |
| 2026-05-21 | 11.30% |
| 2026-05-20 | 11.31% |
| 2026-05-19 | 11.30% |
| 2026-05-18 | 11.30% |
| 2026-05-15 | 11.30% |
| 2026-05-14 | 11.21% |
| 2026-05-13 | 11.20% |
| 2026-05-12 | 11.20% |
| 2026-05-11 | 11.21% |
| 2026-05-08 | 11.21% |
| 2026-05-07 | 11.20% |
| 2026-05-06 | 11.21% |
| 2026-05-05 | 11.21% |
| 2026-05-04 | 11.92% |
| 2026-05-01 | 11.92% |
| 2026-04-30 | 11.92% |
| 2026-04-29 | 11.92% |
| 2026-04-28 | 11.93% |
| 2026-04-27 | 11.92% |
| 2026-04-24 | 11.93% |
| 2026-04-23 | 11.93% |
| 2026-04-22 | 11.92% |
| 2026-04-21 | 11.93% |
| 2026-04-20 | 11.92% |
| 2026-04-17 | 11.92% |
| 2026-04-16 | 11.92% |
| 2026-04-15 | 11.93% |
| 2026-04-14 | 11.92% |
| 2026-04-13 | 11.92% |
| 2026-04-10 | 11.92% |
| 2026-04-09 | 11.93% |
| 2026-04-08 | 11.92% |
| 2026-04-07 | 11.92% |
| 2026-04-06 | 11.92% |
| 2026-04-02 | 11.92% |
| 2026-04-01 | 11.92% |
| 2026-03-31 | 11.92% |
| 2026-03-30 | 11.92% |
| 2026-03-27 | 11.92% |
| 2026-03-26 | 11.93% |
| 2026-03-25 | 11.92% |
| 2026-03-24 | 11.92% |
| 2026-03-23 | 11.92% |
| 2026-03-20 | 11.92% |
| 2026-03-19 | 11.92% |
| 2026-03-18 | 11.92% |
| 2026-03-17 | 11.93% |
| 2026-03-16 | 11.92% |
| 2026-03-13 | 11.93% |
| 2026-03-12 | 11.92% |
| 2026-03-11 | 11.92% |
| 2026-03-10 | 11.93% |
| 2026-03-09 | 11.93% |
| 2026-03-06 | 11.92% |
| 2026-03-05 | 11.93% |
| 2026-03-04 | 11.93% |
| 2026-03-03 | 11.93% |
| 2026-03-02 | 11.92% |
| 2026-02-27 | 11.92% |
| 2026-02-26 | 11.92% |
| 2026-02-25 | 11.92% |
| 2026-02-24 | 11.92% |
| 2026-02-23 | 11.92% |
| 2026-02-20 | 11.92% |
| 2026-02-19 | 11.92% |
| 2026-02-18 | 11.92% |
| 2026-02-17 | 11.92% |
| 2026-02-13 | 14.90% |
| 2026-02-12 | 23.15% |
| 2026-02-11 | 23.15% |
| 2026-02-10 | 23.16% |
| 2026-02-09 | 23.15% |
| 2026-02-06 | 23.15% |
| 2026-02-05 | 23.16% |
| 2026-02-04 | 23.16% |
| 2026-02-03 | 23.15% |
| 2026-02-02 | 23.16% |
| 2026-01-30 | 23.16% |
| 2026-01-29 | 23.15% |
| 2026-01-28 | 23.15% |
| 2026-01-27 | 23.15% |
| 2026-01-26 | 23.15% |
| 2026-01-23 | 23.15% |
| 2026-01-22 | 23.15% |
| 2026-01-21 | 23.16% |
| 2026-01-20 | 23.15% |
| 2026-01-16 | 23.16% |
| 2026-01-15 | 23.15% |
| 2026-01-14 | 23.15% |
| 2026-01-13 | 23.15% |
| 2026-01-12 | 23.16% |
| 2026-01-09 | 23.16% |
| 2026-01-08 | 23.15% |
| 2026-01-07 | 23.15% |
| 2026-01-06 | 23.15% |
| 2026-01-05 | 23.16% |
| 2026-01-02 | 23.16% |
| 2025-12-31 | 23.15% |
| 2025-12-30 | 23.15% |
| 2025-12-29 | 23.15% |
| 2025-12-26 | 23.16% |
| 2025-12-24 | 23.15% |
| 2025-12-23 | 23.16% |
| 2025-12-22 | 23.15% |
| 2025-12-19 | 23.16% |
| 2025-12-18 | 23.15% |
| 2025-12-17 | 23.15% |
| 2025-12-16 | 23.15% |
| 2025-12-15 | 23.15% |
| 2025-12-12 | 23.16% |
| 2025-12-11 | 23.16% |
| 2025-12-10 | 23.15% |
| 2025-12-09 | 23.15% |
| 2025-12-08 | 23.16% |
| 2025-12-05 | 23.15% |
| 2025-12-04 | 23.16% |
| 2025-12-03 | 23.15% |
| 2025-12-02 | 23.15% |
| 2025-12-01 | 23.16% |
| 2025-11-28 | 23.15% |
| 2025-11-26 | 23.15% |
| 2025-11-25 | 23.15% |
| 2025-11-24 | 23.16% |
| 2025-11-21 | 23.16% |
| 2025-11-20 | 23.16% |
| 2025-11-19 | 23.15% |
| 2025-11-18 | 23.15% |
| 2025-11-17 | 23.15% |
| 2025-11-14 | 28.94% |
| 2025-11-13 | 23.16% |
| 2025-11-12 | 23.15% |
| 2025-11-11 | 23.15% |
| 2025-11-10 | 23.15% |
| 2025-11-07 | 23.15% |
| 2025-11-06 | 23.16% |
| 2025-11-05 | 23.15% |
| 2025-11-04 | 23.16% |
| 2025-11-03 | 23.15% |
| 2025-10-31 | 23.15% |
| 2025-10-30 | 87.87% |
| 2025-10-29 | 87.88% |
| 2025-10-28 | 87.88% |
| 2025-10-27 | 87.87% |
| 2025-10-24 | 87.88% |
| 2025-10-23 | 87.87% |
| 2025-10-22 | 87.88% |
| 2025-10-21 | 87.88% |
| 2025-10-20 | 87.88% |
| 2025-10-17 | 87.88% |
| 2025-10-16 | 87.88% |
| 2025-10-15 | 87.88% |
| 2025-10-14 | 87.87% |
| 2025-10-13 | 87.87% |
| 2025-10-10 | 87.87% |
| 2025-10-09 | 87.88% |
| 2025-10-08 | 87.88% |
| 2025-10-07 | 87.88% |
| 2025-10-06 | 87.88% |
| 2025-10-03 | 87.88% |
| 2025-10-02 | 87.88% |
| 2025-10-01 | 87.88% |
| 2025-09-30 | 87.87% |
| 2025-09-29 | 87.88% |
| 2025-09-26 | 87.88% |
| 2025-09-25 | 87.88% |
| 2025-09-24 | 87.88% |
| 2025-09-23 | 87.88% |
| 2025-09-22 | 87.87% |
| 2025-09-19 | 87.88% |
| 2025-09-18 | 87.88% |
| 2025-09-17 | 87.88% |
| 2025-09-16 | 87.87% |
| 2025-09-15 | 87.87% |
| 2025-09-12 | 87.88% |
| 2025-09-11 | 87.88% |
| 2025-09-10 | 87.88% |
| 2025-09-09 | 87.88% |
| 2025-09-08 | 87.88% |
| 2025-09-05 | 87.88% |
| 2025-09-04 | 87.88% |
| 2025-09-03 | 87.88% |
| 2025-09-02 | 87.87% |
| 2025-08-29 | 87.88% |
| 2025-08-28 | 87.88% |
| 2025-08-27 | 87.88% |
| 2025-08-26 | 87.88% |
| 2025-08-25 | 87.87% |
Showing the most recent 260 of 1,789 data points. The chart above shows the full history.
| $0.64 |
| 11.2% |
| 2019-12-31 | $1.05 | $0.63 | 60.0% |
| 2018-12-31 | $3.62 | $0.60 | 16.6% |
| 2017-12-31 | $2.34 | $0.56 | 23.9% |
| 2016-12-31 | $1.97 | $0.52 | 26.4% |
| 2015-12-31 | $3.06 | $0.48 | 15.7% |
| 2014-12-31 | $4.39 | $0.44 | 10.0% |
| 2013-12-31 | $6.14 | $0.40 | 6.5% |
| 2012-12-31 | $5.38 | $0.00 | 0.0% |
| 2011-12-31 | $6.10 | $0.00 | 0.0% |
| 2010-12-31 | $2.38 | $0.00 | 0.0% |
| 2009-12-31 | $1.47 | $0.00 | 0.0% |
| 2008-12-31 | $4.36 | $0.00 | 0.0% |
| 2007-12-31 | $2.69 | $0.00 | 0.0% |
| 2006-12-31 | ($0.71) | $0.00 | N/A (Loss) |
| 2005-12-31 | $0.35 | $0.00 | 0.0% |
| 2004-12-31 | $1.84 | $0.00 | 0.0% |
| 2003-12-31 | $0.99 | $0.00 | 0.0% |
| 2002-12-31 | ($1.14) | $0.00 | N/A (Loss) |
| 2001-12-31 | $0.31 | $0.01 | 3.2% |
| 2000-12-31 | $0.06 | $0.04 | 66.7% |
| 1999-12-31 | ($0.20) | $0.04 | N/A (Loss) |
| 1998-12-31 | $1.01 | $0.04 | 4.0% |
| 1997-12-31 | $2.79 | $0.04 | 1.4% |
| 1996-12-31 | $2.28 | $0.04 | 1.8% |
