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 23.31% is 25% above its 5-year average of 18.65%, around the middle of its 5-year range (4.82%–44.28%).
As of Sunday, August 9, 2026. 12.05% below its 12-month average of 26.50%.
Dividend Payout Ratio (23.31%) = TTM Dividends/Share ($1.00) / TTM EPS ($4.29)
DIVIDEND PAYOUT RATIO
23.31%
DIVIDEND PAYOUT RATIO AVG TTM
26.50%
DIVIDEND PAYOUT RATIO AVG 3Y
23.73%
DIVIDEND PAYOUT RATIO AVG 5Y
18.65%
DIVIDEND PAYOUT RATIO AVG 10Y
22.86%
DIVIDEND PAYOUT RATIO AVG 15Y
18.46%
DIVIDEND PAYOUT RATIO AVG 20Y
15.58%
CURRENT VS TTM AVG
-12.05%
CURRENT VS 3Y AVG
-1.78%
CURRENT VS 5Y AVG
+24.95%
CURRENT VS 10Y AVG
+1.95%
CURRENT VS 15Y AVG
+26.28%
CURRENT VS 20Y AVG
+49.63%
| Year | EPS | Dividend | Payout Ratio |
|---|---|---|---|
| 2025 | $3.99 | $1.00 | 25.1% |
| 2024 | $2.28 | $1.00 | 43.9% |
| 2023 | $9.27 | $1.00 | 10.8% |
| 2022 | $11.07 | $0.63 | 5.6% |
| 2021 | $2.60 | $0.14 | 5.3% |
| 2020 | ($12.86) | $0.33 |
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 |
|---|---|
| 2026-08-07 | 23.31% |
| 2026-08-06 | 23.32% |
| 2026-08-05 | 23.31% |
| 2026-08-04 | 23.30% |
| 2026-08-03 | 23.30% |
| 2026-07-31 | 23.31% |
| 2026-07-30 | 23.31% |
| 2026-07-29 | 23.30% |
| 2026-07-28 | 23.30% |
| 2026-07-27 | 23.32% |
| 2026-07-24 | 23.32% |
| 2026-07-23 | 23.31% |
| 2026-07-22 | 23.30% |
| 2026-07-21 | 23.32% |
| 2026-07-20 | 23.31% |
| 2026-07-17 | 23.31% |
| 2026-07-16 | 23.31% |
| 2026-07-15 | 23.31% |
| 2026-07-14 | 23.31% |
| 2026-07-13 | 23.31% |
| 2026-07-10 | 23.30% |
| 2026-07-09 | 23.31% |
| 2026-07-08 | 23.30% |
| 2026-07-07 | 23.32% |
| 2026-07-06 | 23.32% |
| 2026-07-02 | 23.30% |
| 2026-07-01 | 23.31% |
| 2026-06-30 | 23.30% |
| 2026-06-29 | 23.30% |
| 2026-06-26 | 23.30% |
| 2026-06-25 | 23.31% |
| 2026-06-24 | 23.31% |
| 2026-06-23 | 23.32% |
| 2026-06-22 | 23.30% |
| 2026-06-18 | 23.31% |
| 2026-06-17 | 23.31% |
| 2026-06-16 | 23.32% |
| 2026-06-15 | 23.30% |
| 2026-06-12 | 23.31% |
| 2026-06-11 | 23.30% |
| 2026-06-10 | 23.32% |
| 2026-06-09 | 23.30% |
| 2026-06-08 | 23.31% |
| 2026-06-05 | 23.30% |
| 2026-06-04 | 23.31% |
| 2026-06-03 | 23.30% |
| 2026-06-02 | 23.30% |
| 2026-06-01 | 23.31% |
| 2026-05-29 | 23.30% |
| 2026-05-28 | 23.32% |
| 2026-05-27 | 23.32% |
| 2026-05-26 | 23.31% |
| 2026-05-22 | 23.30% |
| 2026-05-21 | 23.32% |
| 2026-05-20 | 23.32% |
| 2026-05-19 | 23.32% |
| 2026-05-18 | 23.31% |
| 2026-05-15 | 23.32% |
| 2026-05-14 | 23.31% |
| 2026-05-13 | 23.32% |
| 2026-05-12 | 23.32% |
| 2026-05-11 | 23.30% |
| 2026-05-08 | 23.31% |
| 2026-05-07 | 23.32% |
| 2026-05-06 | 25.12% |
| 2026-05-05 | 25.12% |
| 2026-05-04 | 25.13% |
| 2026-05-01 | 25.12% |
| 2026-04-30 | 25.12% |
| 2026-04-29 | 25.12% |
| 2026-04-28 | 25.12% |
| 2026-04-27 | 25.14% |
| 2026-04-24 | 25.13% |
| 2026-04-23 | 25.12% |
| 2026-04-22 | 25.12% |
| 2026-04-21 | 25.13% |
| 2026-04-20 | 25.13% |
| 2026-04-17 | 25.13% |
| 2026-04-16 | 25.12% |
| 2026-04-15 | 25.14% |
| 2026-04-14 | 25.11% |
| 2026-04-13 | 25.12% |
| 2026-04-10 | 25.14% |
| 2026-04-09 | 25.12% |
| 2026-04-08 | 25.14% |
| 2026-04-07 | 25.12% |
| 2026-04-06 | 25.13% |
| 2026-04-02 | 25.12% |
| 2026-04-01 | 25.13% |
| 2026-03-31 | 25.12% |
| 2026-03-30 | 25.13% |
| 2026-03-27 | 25.12% |
| 2026-03-26 | 25.12% |
| 2026-03-25 | 25.12% |
| 2026-03-24 | 25.12% |
| 2026-03-23 | 25.13% |
| 2026-03-20 | 25.13% |
| 2026-03-19 | 25.12% |
| 2026-03-18 | 25.13% |
| 2026-03-17 | 25.12% |
| 2026-03-16 | 25.13% |
| 2026-03-13 | 25.12% |
| 2026-03-12 | 25.11% |
| 2026-03-11 | 25.11% |
| 2026-03-10 | 25.11% |
| 2026-03-09 | 25.13% |
| 2026-03-06 | 25.12% |
| 2026-03-05 | 25.14% |
| 2026-03-04 | 25.11% |
| 2026-03-03 | 25.12% |
| 2026-03-02 | 25.12% |
| 2026-02-27 | 25.12% |
| 2026-02-26 | 25.12% |
| 2026-02-25 | 24.10% |
| 2026-02-24 | 24.11% |
| 2026-02-23 | 24.09% |
| 2026-02-20 | 24.09% |
| 2026-02-19 | 24.11% |
| 2026-02-18 | 24.08% |
| 2026-02-17 | 24.10% |
| 2026-02-13 | 24.10% |
| 2026-02-12 | 24.11% |
| 2026-02-11 | 24.10% |
| 2026-02-10 | 24.08% |
| 2026-02-09 | 24.08% |
| 2026-02-06 | 24.11% |
| 2026-02-05 | 24.09% |
| 2026-02-04 | 24.11% |
| 2026-02-03 | 24.11% |
| 2026-02-02 | 24.10% |
| 2026-01-30 | 24.08% |
| 2026-01-29 | 24.11% |
| 2026-01-28 | 24.11% |
| 2026-01-27 | 24.08% |
| 2026-01-26 | 24.09% |
| 2026-01-23 | 24.11% |
| 2026-01-22 | 24.11% |
| 2026-01-21 | 24.11% |
| 2026-01-20 | 24.10% |
| 2026-01-16 | 24.09% |
| 2026-01-15 | 24.11% |
| 2026-01-14 | 24.09% |
| 2026-01-13 | 24.11% |
| 2026-01-12 | 24.08% |
| 2026-01-09 | 24.09% |
| 2026-01-08 | 24.08% |
| 2026-01-07 | 24.11% |
| 2026-01-06 | 24.08% |
| 2026-01-05 | 24.11% |
| 2026-01-02 | 24.09% |
| 2025-12-31 | 24.08% |
| 2025-12-30 | 24.09% |
| 2025-12-29 | 24.08% |
| 2025-12-26 | 24.11% |
| 2025-12-24 | 24.10% |
| 2025-12-23 | 24.10% |
| 2025-12-22 | 24.09% |
| 2025-12-19 | 24.09% |
| 2025-12-18 | 24.11% |
| 2025-12-17 | 24.08% |
| 2025-12-16 | 24.08% |
| 2025-12-15 | 24.10% |
| 2025-12-12 | 24.10% |
| 2025-12-11 | 24.08% |
| 2025-12-10 | 24.09% |
| 2025-12-09 | 24.10% |
| 2025-12-08 | 24.10% |
| 2025-12-05 | 24.10% |
| 2025-12-04 | 24.11% |
| 2025-12-03 | 24.08% |
| 2025-12-02 | 24.09% |
| 2025-12-01 | 24.09% |
| 2025-11-28 | 24.11% |
| 2025-11-26 | 24.08% |
| 2025-11-25 | 24.09% |
| 2025-11-24 | 24.09% |
| 2025-11-21 | 24.09% |
| 2025-11-20 | 24.08% |
| 2025-11-19 | 24.12% |
| 2025-11-18 | 24.08% |
| 2025-11-17 | 24.08% |
| 2025-11-14 | 24.08% |
| 2025-11-13 | 24.10% |
| 2025-11-12 | 24.11% |
| 2025-11-11 | 24.12% |
| 2025-11-10 | 24.11% |
| 2025-11-07 | 24.09% |
| 2025-11-06 | 24.11% |
| 2025-11-05 | 33.56% |
| 2025-11-04 | 33.54% |
| 2025-11-03 | 33.57% |
| 2025-10-31 | 33.55% |
| 2025-10-30 | 33.57% |
| 2025-10-29 | 33.54% |
| 2025-10-28 | 33.57% |
| 2025-10-27 | 33.55% |
| 2025-10-24 | 33.57% |
| 2025-10-23 | 33.55% |
| 2025-10-22 | 33.55% |
| 2025-10-21 | 33.57% |
| 2025-10-20 | 33.57% |
| 2025-10-17 | 33.57% |
| 2025-10-16 | 33.57% |
| 2025-10-15 | 33.56% |
| 2025-10-14 | 33.57% |
| 2025-10-13 | 33.57% |
| 2025-10-10 | 33.55% |
| 2025-10-09 | 33.56% |
| 2025-10-08 | 33.58% |
| 2025-10-07 | 33.57% |
| 2025-10-06 | 33.56% |
| 2025-10-03 | 33.54% |
| 2025-10-02 | 33.54% |
| 2025-10-01 | 33.56% |
| 2025-09-30 | 33.57% |
| 2025-09-29 | 33.57% |
| 2025-09-26 | 33.58% |
| 2025-09-25 | 33.57% |
| 2025-09-24 | 33.54% |
| 2025-09-23 | 33.56% |
| 2025-09-22 | 33.55% |
| 2025-09-19 | 33.56% |
| 2025-09-18 | 33.56% |
| 2025-09-17 | 33.57% |
| 2025-09-16 | 33.54% |
| 2025-09-15 | 33.57% |
| 2025-09-12 | 33.54% |
| 2025-09-11 | 33.55% |
| 2025-09-10 | 33.58% |
| 2025-09-09 | 33.56% |
| 2025-09-08 | 33.56% |
| 2025-09-05 | 33.54% |
| 2025-09-04 | 33.58% |
| 2025-09-03 | 33.55% |
| 2025-09-02 | 33.56% |
| 2025-08-29 | 33.55% |
| 2025-08-28 | 33.55% |
| 2025-08-27 | 33.55% |
| 2025-08-26 | 33.54% |
| 2025-08-25 | 33.54% |
| 2025-08-22 | 33.55% |
| 2025-08-21 | 33.54% |
| 2025-08-20 | 33.58% |
| 2025-08-19 | 33.55% |
| 2025-08-18 | 33.56% |
| 2025-08-15 | 33.54% |
| 2025-08-14 | 33.58% |
| 2025-08-13 | 33.56% |
| 2025-08-12 | 33.56% |
| 2025-08-11 | 33.53% |
| 2025-08-08 | 33.53% |
| 2025-08-07 | 33.56% |
| 2025-08-06 | 36.10% |
| 2025-08-05 | 36.09% |
| 2025-08-04 | 36.12% |
| 2025-08-01 | 36.08% |
| 2025-07-31 | 36.08% |
| 2025-07-30 | 36.09% |
| 2025-07-29 | 36.08% |
| 2025-07-28 | 36.08% |
Showing the most recent 260 of 1,845 data points. The chart above shows the full history.
| N/A (Loss) |
| 2019 | ($9.43) | $1.00 | N/A (Loss) |
| 2018 | $0.10 | $1.00 | 1000.0% |
| 2017 | $3.42 | $1.00 | 29.2% |
| 2016 | ($3.71) | $1.00 | N/A (Loss) |
| 2015 | ($61.19) | $1.00 | N/A (Loss) |
| 2014 | ($14.07) | $0.95 | N/A (Loss) |
| 2013 | $5.53 | $0.77 | 13.9% |
| 2012 | $4.95 | $0.66 | 13.3% |
| 2011 | $11.75 | $0.60 | 5.1% |
| 2010 | $8.53 | $0.60 | 7.0% |
| 2009 | ($0.87) | $0.60 | N/A (Loss) |
| 2008 | $2.11 | $0.70 | 33.2% |
| 2007 | $8.45 | $0.60 | 7.1% |
| 2006 | $7.72 | $0.45 | 5.8% |
| 2005 | $7.96 | $0.34 | 4.3% |
| 2004 | $5.10 | $0.26 | 5.1% |
| 2003 | $3.46 | $0.21 | 6.0% |
| 2002 | $1.83 | $0.19 | 10.4% |
| 2001 | $2.33 | $0.12 | 5.2% |
| 2000 | $2.54 | $0.09 | 3.6% |
| 1999 | $0.75 | $0.12 | 16.2% |
| 1998 | ($0.58) | $0.12 | N/A (Loss) |
| 1997 | $0.74 | $0.12 | 16.4% |
| 1996 | $0.61 | $0.12 | 19.9% |
