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 105.68% is 16% below its 5-year average of 126.48%, around the middle of its 5-year range (23.26%–264.70%).
As of Monday, October 5, 2026. 0.14% above its 12-month average of 105.53%.
Dividend Payout Ratio (105.68%) = TTM Dividends/Share ($2.62) / TTM EPS ($2.48)
Trailing-12-month dividend payout ratio; raw quarterly payout is intentionally not charted. Historical series through 2026-10-05.
DIVIDEND PAYOUT RATIO
105.68%
DIVIDEND PAYOUT RATIO AVG TTM
105.53%
DIVIDEND PAYOUT RATIO AVG 3Y
137.17%
DIVIDEND PAYOUT RATIO AVG 5Y
126.48%
DIVIDEND PAYOUT RATIO AVG 10Y
110.00%
DIVIDEND PAYOUT RATIO AVG 15Y
94.75%
DIVIDEND PAYOUT RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+0.14%
CURRENT VS 3Y AVG
-22.96%
CURRENT VS 5Y AVG
-16.45%
CURRENT VS 10Y AVG
-3.93%
CURRENT VS 15Y AVG
+11.53%
CURRENT VS 20Y AVG
N/A
| Fiscal year end | EPS | Dividends (FY) | Payout Ratio |
|---|---|---|---|
| 2025-12-31 | $2.48 | $2.56 | 103.2% |
| 2024-12-31 | $2.91 | $4.48 | 154.0% |
| 2023-12-31 | $3.24 | $4.86 | 150.0% |
| 2022-12-31 | $2.89 | $5.24 | 181.3% |
| 2021-12-31 | $3.40 | $1.16 | 34.1% |
| 2020-12-31 | $4.49 |
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 |
|---|---|
| 2026-10-05 | 105.68% |
| 2026-10-02 | 105.62% |
| 2026-10-01 | 105.66% |
| 2026-09-30 | 105.66% |
| 2026-09-29 | 105.70% |
| 2026-09-28 | 105.64% |
| 2026-09-25 | 105.65% |
| 2026-09-24 | 105.66% |
| 2026-09-23 | 105.68% |
| 2026-09-22 | 105.61% |
| 2026-09-21 | 105.61% |
| 2026-09-18 | 105.67% |
| 2026-09-17 | 105.67% |
| 2026-09-16 | 105.61% |
| 2026-09-15 | 105.65% |
| 2026-09-14 | 105.64% |
| 2026-09-11 | 121.40% |
| 2026-09-10 | 104.80% |
| 2026-09-09 | 104.84% |
| 2026-09-08 | 104.84% |
| 2026-09-04 | 104.84% |
| 2026-09-03 | 104.85% |
| 2026-09-02 | 104.84% |
| 2026-09-01 | 104.84% |
| 2026-08-31 | 104.84% |
| 2026-08-28 | 104.79% |
| 2026-08-27 | 104.84% |
| 2026-08-26 | 104.83% |
| 2026-08-25 | 104.87% |
| 2026-08-24 | 104.81% |
| 2026-08-21 | 104.86% |
| 2026-08-20 | 104.81% |
| 2026-08-19 | 104.87% |
| 2026-08-18 | 104.86% |
| 2026-08-17 | 104.85% |
| 2026-08-14 | 104.85% |
| 2026-08-13 | 104.86% |
| 2026-08-12 | 104.86% |
| 2026-08-11 | 104.85% |
| 2026-08-10 | 104.87% |
| 2026-08-07 | 104.82% |
| 2026-08-06 | 104.86% |
| 2026-08-05 | 104.82% |
| 2026-08-04 | 104.86% |
| 2026-08-03 | 104.84% |
| 2026-07-31 | 104.84% |
| 2026-07-30 | 104.80% |
| 2026-07-29 | 104.85% |
| 2026-07-28 | 104.82% |
| 2026-07-27 | 104.83% |
| 2026-07-24 | 104.82% |
| 2026-07-23 | 106.96% |
| 2026-07-22 | 107.00% |
| 2026-07-21 | 106.97% |
| 2026-07-20 | 106.99% |
| 2026-07-17 | 106.99% |
| 2026-07-16 | 107.02% |
| 2026-07-15 | 107.03% |
| 2026-07-14 | 107.02% |
| 2026-07-13 | 106.98% |
| 2026-07-10 | 106.99% |
| 2026-07-09 | 107.03% |
| 2026-07-08 | 107.02% |
| 2026-07-07 | 107.01% |
| 2026-07-06 | 107.00% |
| 2026-07-02 | 107.00% |
| 2026-07-01 | 107.00% |
| 2026-06-30 | 106.98% |
| 2026-06-29 | 107.02% |
| 2026-06-26 | 107.00% |
| 2026-06-25 | 107.01% |
| 2026-06-24 | 107.01% |
| 2026-06-23 | 106.96% |
| 2026-06-22 | 106.98% |
| 2026-06-18 | 107.01% |
| 2026-06-17 | 107.01% |
| 2026-06-16 | 106.98% |
| 2026-06-15 | 107.02% |
| 2026-06-12 | 123.09% |
| 2026-06-11 | 106.20% |
| 2026-06-10 | 106.18% |
| 2026-06-09 | 106.21% |
| 2026-06-08 | 106.18% |
| 2026-06-05 | 106.21% |
| 2026-06-04 | 106.17% |
| 2026-06-03 | 106.20% |
| 2026-06-02 | 106.18% |
| 2026-06-01 | 106.20% |
| 2026-05-29 | 106.15% |
| 2026-05-28 | 106.21% |
| 2026-05-27 | 106.21% |
| 2026-05-26 | 106.13% |
| 2026-05-22 | 106.19% |
| 2026-05-21 | 106.17% |
| 2026-05-20 | 106.18% |
| 2026-05-19 | 106.21% |
| 2026-05-18 | 106.14% |
| 2026-05-15 | 106.20% |
| 2026-05-14 | 106.19% |
| 2026-05-13 | 106.17% |
| 2026-05-12 | 106.15% |
| 2026-05-11 | 106.15% |
| 2026-05-08 | 106.14% |
| 2026-05-07 | 106.18% |
| 2026-05-06 | 106.16% |
| 2026-05-05 | 106.13% |
| 2026-05-04 | 106.15% |
| 2026-05-01 | 106.17% |
| 2026-04-30 | 106.18% |
| 2026-04-29 | 106.21% |
| 2026-04-28 | 106.16% |
| 2026-04-27 | 106.17% |
| 2026-04-24 | 106.21% |
| 2026-04-23 | 104.48% |
| 2026-04-22 | 104.46% |
| 2026-04-21 | 104.45% |
| 2026-04-20 | 104.42% |
| 2026-04-17 | 104.49% |
| 2026-04-16 | 104.45% |
| 2026-04-15 | 104.47% |
| 2026-04-14 | 104.46% |
| 2026-04-13 | 104.49% |
| 2026-04-10 | 104.48% |
| 2026-04-09 | 104.43% |
| 2026-04-08 | 104.47% |
| 2026-04-07 | 104.42% |
| 2026-04-06 | 104.47% |
| 2026-04-02 | 104.47% |
| 2026-04-01 | 104.48% |
| 2026-03-31 | 104.42% |
| 2026-03-30 | 104.47% |
| 2026-03-27 | 104.45% |
| 2026-03-26 | 104.44% |
| 2026-03-25 | 104.46% |
| 2026-03-24 | 104.49% |
| 2026-03-23 | 104.45% |
| 2026-03-20 | 104.43% |
| 2026-03-19 | 104.42% |
| 2026-03-18 | 104.49% |
| 2026-03-17 | 104.44% |
| 2026-03-16 | 104.49% |
| 2026-03-13 | 104.46% |
| 2026-03-12 | 87.87% |
| 2026-03-11 | 87.86% |
| 2026-03-10 | 87.88% |
| 2026-03-09 | 87.85% |
| 2026-03-06 | 103.61% |
| 2026-03-05 | 103.61% |
| 2026-03-04 | 103.66% |
| 2026-03-03 | 103.62% |
| 2026-03-02 | 103.63% |
| 2026-02-27 | 98.06% |
| 2026-02-26 | 98.12% |
| 2026-02-25 | 98.06% |
| 2026-02-24 | 98.07% |
| 2026-02-23 | 98.11% |
| 2026-02-20 | 98.10% |
| 2026-02-19 | 98.09% |
| 2026-02-18 | 98.11% |
| 2026-02-17 | 98.10% |
| 2026-02-13 | 98.11% |
| 2026-02-12 | 98.06% |
| 2026-02-11 | 98.08% |
| 2026-02-10 | 98.06% |
| 2026-02-09 | 98.09% |
| 2026-02-06 | 98.11% |
| 2026-02-05 | 98.07% |
| 2026-02-04 | 98.08% |
| 2026-02-03 | 98.08% |
| 2026-02-02 | 98.07% |
| 2026-01-30 | 98.08% |
| 2026-01-29 | 98.10% |
| 2026-01-28 | 98.05% |
| 2026-01-27 | 98.06% |
| 2026-01-26 | 98.06% |
| 2026-01-23 | 98.09% |
| 2026-01-22 | 98.12% |
| 2026-01-21 | 98.11% |
| 2026-01-20 | 98.12% |
| 2026-01-16 | 98.12% |
| 2026-01-15 | 98.06% |
| 2026-01-14 | 98.06% |
| 2026-01-13 | 98.06% |
| 2026-01-12 | 98.09% |
| 2026-01-09 | 98.05% |
| 2026-01-08 | 98.11% |
| 2026-01-07 | 98.08% |
| 2026-01-06 | 98.11% |
| 2026-01-05 | 98.08% |
| 2026-01-02 | 98.09% |
| 2025-12-31 | 98.11% |
| 2025-12-30 | 98.06% |
| 2025-12-29 | 98.08% |
| 2025-12-26 | 98.07% |
| 2025-12-24 | 98.10% |
| 2025-12-23 | 98.10% |
| 2025-12-22 | 98.08% |
| 2025-12-19 | 98.11% |
| 2025-12-18 | 98.11% |
| 2025-12-17 | 98.08% |
| 2025-12-16 | 98.10% |
| 2025-12-15 | 98.06% |
| 2025-12-12 | 98.07% |
| 2025-12-11 | 98.09% |
| 2025-12-10 | 98.07% |
| 2025-12-09 | 98.11% |
| 2025-12-08 | 98.06% |
| 2025-12-05 | 227.20% |
| 2025-12-04 | 173.92% |
| 2025-12-03 | 173.94% |
| 2025-12-02 | 173.96% |
| 2025-12-01 | 173.91% |
| 2025-11-28 | 173.92% |
| 2025-11-26 | 173.90% |
| 2025-11-25 | 173.90% |
| 2025-11-24 | 173.98% |
| 2025-11-21 | 173.92% |
| 2025-11-20 | 173.97% |
| 2025-11-19 | 173.95% |
| 2025-11-18 | 173.99% |
| 2025-11-17 | 173.94% |
| 2025-11-14 | 173.98% |
| 2025-11-13 | 173.97% |
| 2025-11-12 | 173.93% |
| 2025-11-11 | 173.93% |
| 2025-11-10 | 173.90% |
| 2025-11-07 | 173.98% |
| 2025-11-06 | 173.96% |
| 2025-11-05 | 173.97% |
| 2025-11-04 | 173.95% |
| 2025-11-03 | 173.91% |
| 2025-10-31 | 173.99% |
| 2025-10-30 | 171.98% |
| 2025-10-29 | 171.98% |
| 2025-10-28 | 171.98% |
| 2025-10-27 | 171.94% |
| 2025-10-24 | 171.96% |
| 2025-10-23 | 172.02% |
| 2025-10-22 | 171.95% |
| 2025-10-21 | 171.99% |
| 2025-10-20 | 172.02% |
| 2025-10-17 | 171.97% |
| 2025-10-16 | 171.93% |
| 2025-10-15 | 171.97% |
| 2025-10-14 | 172.01% |
| 2025-10-13 | 171.93% |
| 2025-10-10 | 171.94% |
| 2025-10-09 | 171.95% |
| 2025-10-08 | 171.94% |
| 2025-10-07 | 171.96% |
| 2025-10-06 | 171.95% |
| 2025-10-03 | 172.00% |
| 2025-10-02 | 171.99% |
| 2025-10-01 | 171.99% |
| 2025-09-30 | 172.01% |
| 2025-09-29 | 171.96% |
| 2025-09-26 | 171.97% |
| 2025-09-25 | 172.01% |
| 2025-09-24 | 171.98% |
| 2025-09-23 | 171.92% |
Showing the most recent 260 of 1,844 data points. The chart above shows the full history.
| $1.08 |
| 24.1% |
| 2019-12-31 | $4.82 | $1.00 | 20.7% |
| 2018-12-31 | $3.73 | $4.38 | 117.4% |
| 2017-12-31 | $2.41 | $4.30 | 178.4% |
| 2016-12-31 | $4.08 | $3.97 | 97.3% |
| 2015-12-31 | $3.72 | $3.60 | 96.8% |
| 2014-12-31 | $2.88 | $1.98 | 68.8% |
| 2013-12-31 | $2.37 | $0.32 | 13.5% |
