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 8.46% is 58% below its 5-year average of 20.10%, near the low end of its 5-year range (8.30%–82.57%).
As of Friday, September 4, 2026. 30.24% below its 12-month average of 12.13%.
Dividend Payout Ratio (8.46%) = TTM Dividends/Share ($4.24) / TTM EPS ($50.11)
DIVIDEND PAYOUT RATIO
8.46%
DIVIDEND PAYOUT RATIO AVG TTM
12.13%
DIVIDEND PAYOUT RATIO AVG 3Y
16.81%
DIVIDEND PAYOUT RATIO AVG 5Y
20.10%
DIVIDEND PAYOUT RATIO AVG 10Y
20.26%
DIVIDEND PAYOUT RATIO AVG 15Y
20.59%
DIVIDEND PAYOUT RATIO AVG 20Y
23.25%
CURRENT VS TTM AVG
-30.24%
CURRENT VS 3Y AVG
-49.67%
CURRENT VS 5Y AVG
-57.90%
CURRENT VS 10Y AVG
-58.24%
CURRENT VS 15Y AVG
-58.91%
CURRENT VS 20Y AVG
-63.60%
| Fiscal year end | EPS | Dividends (FY) | Payout Ratio |
|---|---|---|---|
| 2025-12-31 | $38.68 | $4.00 | 10.3% |
| 2024-12-31 | $17.22 | $3.68 | 21.4% |
| 2023-12-31 | ($1.20) | $3.56 | N/A (Loss) |
| 2022-12-31 | ($5.03) | $3.40 | N/A (Loss) |
| 2021-12-31 | $17.50 | $3.24 | 18.5% |
| 2020-12-31 | $17.53 |
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 | 8.46% |
| 2026-09-03 | 8.46% |
| 2026-09-02 | 8.47% |
| 2026-09-01 | 8.47% |
| 2026-08-31 | 8.47% |
| 2026-08-28 | 8.30% |
| 2026-08-27 | 8.30% |
| 2026-08-26 | 8.31% |
| 2026-08-25 | 8.30% |
| 2026-08-24 | 8.31% |
| 2026-08-21 | 8.31% |
| 2026-08-20 | 8.30% |
| 2026-08-19 | 8.31% |
| 2026-08-18 | 8.30% |
| 2026-08-17 | 8.30% |
| 2026-08-14 | 8.31% |
| 2026-08-13 | 8.30% |
| 2026-08-12 | 8.31% |
| 2026-08-11 | 8.31% |
| 2026-08-10 | 8.30% |
| 2026-08-07 | 8.30% |
| 2026-08-06 | 8.30% |
| 2026-08-05 | 8.30% |
| 2026-08-04 | 9.17% |
| 2026-08-03 | 9.17% |
| 2026-07-31 | 9.18% |
| 2026-07-30 | 9.17% |
| 2026-07-29 | 9.17% |
| 2026-07-28 | 9.18% |
| 2026-07-27 | 9.17% |
| 2026-07-24 | 9.19% |
| 2026-07-23 | 9.17% |
| 2026-07-22 | 9.18% |
| 2026-07-21 | 9.17% |
| 2026-07-20 | 9.18% |
| 2026-07-17 | 9.17% |
| 2026-07-16 | 9.18% |
| 2026-07-15 | 9.17% |
| 2026-07-14 | 9.17% |
| 2026-07-13 | 9.18% |
| 2026-07-10 | 9.18% |
| 2026-07-09 | 9.19% |
| 2026-07-08 | 9.18% |
| 2026-07-07 | 9.18% |
| 2026-07-06 | 9.18% |
| 2026-07-02 | 9.17% |
| 2026-07-01 | 9.17% |
| 2026-06-30 | 9.18% |
| 2026-06-29 | 9.17% |
| 2026-06-26 | 9.18% |
| 2026-06-25 | 9.18% |
| 2026-06-24 | 9.17% |
| 2026-06-23 | 9.18% |
| 2026-06-22 | 9.18% |
| 2026-06-18 | 9.18% |
| 2026-06-17 | 9.18% |
| 2026-06-16 | 9.17% |
| 2026-06-15 | 9.17% |
| 2026-06-12 | 9.18% |
| 2026-06-11 | 9.17% |
| 2026-06-10 | 9.18% |
| 2026-06-09 | 9.18% |
| 2026-06-08 | 11.37% |
| 2026-06-05 | 11.39% |
| 2026-06-04 | 11.38% |
| 2026-06-03 | 11.39% |
| 2026-06-02 | 11.38% |
| 2026-06-01 | 11.38% |
| 2026-05-29 | 9.01% |
| 2026-05-28 | 9.00% |
| 2026-05-27 | 9.01% |
| 2026-05-26 | 8.99% |
| 2026-05-22 | 9.00% |
| 2026-05-21 | 9.00% |
| 2026-05-20 | 9.01% |
| 2026-05-19 | 8.99% |
| 2026-05-18 | 9.00% |
| 2026-05-15 | 9.01% |
| 2026-05-14 | 8.99% |
| 2026-05-13 | 8.99% |
| 2026-05-12 | 8.99% |
| 2026-05-11 | 9.01% |
| 2026-05-08 | 9.00% |
| 2026-05-07 | 8.99% |
| 2026-05-06 | 9.01% |
| 2026-05-05 | 9.00% |
| 2026-05-04 | 9.00% |
| 2026-05-01 | 9.00% |
| 2026-04-30 | 9.00% |
| 2026-04-29 | 8.99% |
| 2026-04-28 | 10.69% |
| 2026-04-27 | 10.69% |
| 2026-04-24 | 10.68% |
| 2026-04-23 | 10.68% |
| 2026-04-22 | 10.69% |
| 2026-04-21 | 10.67% |
| 2026-04-20 | 10.68% |
| 2026-04-17 | 10.68% |
| 2026-04-16 | 10.68% |
| 2026-04-15 | 10.68% |
| 2026-04-14 | 10.69% |
| 2026-04-13 | 10.68% |
| 2026-04-10 | 10.67% |
| 2026-04-09 | 10.69% |
| 2026-04-08 | 10.68% |
| 2026-04-07 | 10.68% |
| 2026-04-06 | 10.69% |
| 2026-04-02 | 10.68% |
| 2026-04-01 | 10.67% |
| 2026-03-31 | 10.69% |
| 2026-03-30 | 10.69% |
| 2026-03-27 | 10.69% |
| 2026-03-26 | 10.67% |
| 2026-03-25 | 10.68% |
| 2026-03-24 | 10.69% |
| 2026-03-23 | 10.68% |
| 2026-03-20 | 10.68% |
| 2026-03-19 | 10.68% |
| 2026-03-18 | 10.68% |
| 2026-03-17 | 10.69% |
| 2026-03-16 | 10.68% |
| 2026-03-13 | 10.69% |
| 2026-03-12 | 10.69% |
| 2026-03-11 | 10.68% |
| 2026-03-10 | 10.68% |
| 2026-03-09 | 13.31% |
| 2026-03-06 | 13.30% |
| 2026-03-05 | 13.30% |
| 2026-03-04 | 13.31% |
| 2026-03-03 | 13.29% |
| 2026-03-02 | 13.30% |
| 2026-02-27 | 10.48% |
| 2026-02-26 | 10.47% |
| 2026-02-25 | 10.47% |
| 2026-02-24 | 10.47% |
| 2026-02-23 | 10.48% |
| 2026-02-20 | 10.47% |
| 2026-02-19 | 10.47% |
| 2026-02-18 | 12.95% |
| 2026-02-17 | 12.94% |
| 2026-02-13 | 12.95% |
| 2026-02-12 | 12.96% |
| 2026-02-11 | 12.95% |
| 2026-02-10 | 12.95% |
| 2026-02-09 | 12.94% |
| 2026-02-06 | 12.95% |
| 2026-02-05 | 12.96% |
| 2026-02-04 | 12.94% |
| 2026-02-03 | 12.95% |
| 2026-02-02 | 12.95% |
| 2026-01-30 | 12.95% |
| 2026-01-29 | 12.94% |
| 2026-01-28 | 12.95% |
| 2026-01-27 | 12.94% |
| 2026-01-26 | 12.96% |
| 2026-01-23 | 12.95% |
| 2026-01-22 | 12.95% |
| 2026-01-21 | 12.95% |
| 2026-01-20 | 12.96% |
| 2026-01-16 | 12.94% |
| 2026-01-15 | 12.95% |
| 2026-01-14 | 12.96% |
| 2026-01-13 | 12.95% |
| 2026-01-12 | 12.94% |
| 2026-01-09 | 12.95% |
| 2026-01-08 | 12.94% |
| 2026-01-07 | 12.95% |
| 2026-01-06 | 12.95% |
| 2026-01-05 | 12.94% |
| 2026-01-02 | 12.95% |
| 2025-12-31 | 12.95% |
| 2025-12-30 | 12.95% |
| 2025-12-29 | 12.94% |
| 2025-12-26 | 12.95% |
| 2025-12-24 | 12.95% |
| 2025-12-23 | 12.94% |
| 2025-12-22 | 12.94% |
| 2025-12-19 | 12.96% |
| 2025-12-18 | 12.94% |
| 2025-12-17 | 12.95% |
| 2025-12-16 | 12.94% |
| 2025-12-15 | 12.95% |
| 2025-12-12 | 12.95% |
| 2025-12-11 | 12.94% |
| 2025-12-10 | 12.94% |
| 2025-12-09 | 12.95% |
| 2025-12-08 | 12.94% |
| 2025-12-05 | 12.95% |
| 2025-12-04 | 12.95% |
| 2025-12-03 | 12.94% |
| 2025-12-02 | 12.94% |
| 2025-12-01 | 12.95% |
| 2025-11-28 | 12.68% |
| 2025-11-26 | 12.68% |
| 2025-11-25 | 12.68% |
| 2025-11-24 | 12.68% |
| 2025-11-21 | 12.69% |
| 2025-11-20 | 12.68% |
| 2025-11-19 | 12.70% |
| 2025-11-18 | 12.70% |
| 2025-11-17 | 12.69% |
| 2025-11-14 | 12.69% |
| 2025-11-13 | 12.70% |
| 2025-11-12 | 12.69% |
| 2025-11-11 | 12.68% |
| 2025-11-10 | 12.69% |
| 2025-11-07 | 12.69% |
| 2025-11-06 | 12.69% |
| 2025-11-05 | 12.68% |
| 2025-11-04 | 18.43% |
| 2025-11-03 | 18.43% |
| 2025-10-31 | 18.42% |
| 2025-10-30 | 18.43% |
| 2025-10-29 | 18.42% |
| 2025-10-28 | 18.42% |
| 2025-10-27 | 18.42% |
| 2025-10-24 | 18.42% |
| 2025-10-23 | 18.42% |
| 2025-10-22 | 18.43% |
| 2025-10-21 | 18.43% |
| 2025-10-20 | 18.43% |
| 2025-10-17 | 18.43% |
| 2025-10-16 | 18.43% |
| 2025-10-15 | 18.42% |
| 2025-10-14 | 18.43% |
| 2025-10-13 | 18.43% |
| 2025-10-10 | 18.43% |
| 2025-10-09 | 18.42% |
| 2025-10-08 | 18.42% |
| 2025-10-07 | 18.43% |
| 2025-10-06 | 18.43% |
| 2025-10-03 | 18.43% |
| 2025-10-02 | 18.42% |
| 2025-10-01 | 18.42% |
| 2025-09-30 | 18.43% |
| 2025-09-29 | 18.42% |
| 2025-09-26 | 18.42% |
| 2025-09-25 | 18.42% |
| 2025-09-24 | 18.42% |
| 2025-09-23 | 18.42% |
| 2025-09-22 | 18.44% |
| 2025-09-19 | 18.44% |
| 2025-09-18 | 18.43% |
| 2025-09-17 | 18.42% |
| 2025-09-16 | 18.43% |
| 2025-09-15 | 18.44% |
| 2025-09-12 | 18.43% |
| 2025-09-11 | 18.43% |
| 2025-09-10 | 18.42% |
| 2025-09-09 | 18.43% |
| 2025-09-08 | 18.43% |
| 2025-09-05 | 18.42% |
| 2025-09-04 | 18.42% |
| 2025-09-03 | 18.43% |
| 2025-09-02 | 18.43% |
| 2025-08-29 | 22.74% |
| 2025-08-28 | 18.05% |
| 2025-08-27 | 18.05% |
| 2025-08-26 | 18.05% |
| 2025-08-25 | 18.05% |
Showing the most recent 260 of 2,343 data points. The chart above shows the full history.
| $2.16 |
| 12.3% |
| 2019-12-31 | $14.25 | $2.00 | 14.0% |
| 2018-12-31 | $6.21 | $1.84 | 29.6% |
| 2017-12-31 | $9.50 | $1.48 | 15.6% |
| 2016-12-31 | $4.72 | $1.32 | 28.0% |
| 2015-12-31 | $5.12 | $1.20 | 23.4% |
| 2014-12-31 | $6.37 | $1.12 | 17.6% |
| 2013-12-31 | $4.87 | $1.00 | 20.5% |
| 2012-12-31 | $4.71 | $0.88 | 18.7% |
| 2011-12-31 | $1.51 | $0.84 | 55.6% |
| 2010-12-31 | $1.69 | $0.80 | 47.3% |
| 2009-12-31 | $1.58 | $0.80 | 50.6% |
| 2008-12-31 | ($3.07) | $1.64 | N/A (Loss) |
| 2007-12-31 | $7.83 | $1.52 | 19.4% |
| 2006-12-31 | $7.89 | $1.40 | 17.7% |
| 2005-12-31 | $2.67 | $1.28 | 47.9% |
| 2004-12-31 | $4.57 | $1.12 | 24.5% |
| 2003-12-31 | $3.85 | $0.93 | 24.2% |
| 2002-12-31 | $1.60 | $0.84 | 52.5% |
| 2001-12-31 | $1.61 | $0.76 | 47.2% |
| 2000-12-31 | $2.97 | $0.68 | 22.9% |
| 1999-12-31 | $3.40 | $0.60 | 17.6% |
| 1998-12-31 | $3.96 | $0.54 | 13.6% |
| 1997-12-31 | $3.58 | $0.48 | 13.4% |
| 1996-12-31 | $2.33 | $0.42 | 18.2% |
