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 58.43% is 10% above its 5-year average of 53.11%, around the middle of its 5-year range (33.99%–74.42%).
As of Thursday, July 30, 2026. 0.91% above its 12-month average of 57.91%.
Dividend Payout Ratio (58.43%) = TTM Dividends/Share ($3.38) / TTM EPS ($5.78)
DIVIDEND PAYOUT RATIO
58.43%
DIVIDEND PAYOUT RATIO AVG TTM
57.91%
DIVIDEND PAYOUT RATIO AVG 3Y
57.98%
DIVIDEND PAYOUT RATIO AVG 5Y
57.73%
DIVIDEND PAYOUT RATIO AVG 10Y
57.51%
DIVIDEND PAYOUT RATIO AVG 15Y
56.12%
DIVIDEND PAYOUT RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+0.91%
CURRENT VS 3Y AVG
+0.79%
CURRENT VS 5Y AVG
+1.21%
CURRENT VS 10Y AVG
+1.60%
CURRENT VS 15Y AVG
+4.13%
CURRENT VS 20Y AVG
N/A
| Year | EPS | Dividend | Payout Ratio |
|---|---|---|---|
| 2025 | $5.70 | $3.25 | 57.0% |
| 2024 | $5.39 | $3.00 | 55.7% |
| 2023 | $4.89 | $2.78 | 56.8% |
| 2022 | $4.51 | $2.57 | 56.9% |
| 2021 | $6.94 | $2.36 | 34.0% |
| 2020 | $3.92 | $2.15 |
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 |
|---|---|
| 2026-07-29 | 58.43% |
| 2026-07-28 | 59.77% |
| 2026-07-27 | 59.79% |
| 2026-07-24 | 59.77% |
| 2026-07-23 | 59.78% |
| 2026-07-22 | 59.79% |
| 2026-07-21 | 59.78% |
| 2026-07-20 | 59.77% |
| 2026-07-17 | 59.77% |
| 2026-07-16 | 59.79% |
| 2026-07-15 | 59.78% |
| 2026-07-14 | 59.79% |
| 2026-07-13 | 59.78% |
| 2026-07-10 | 59.78% |
| 2026-07-09 | 59.79% |
| 2026-07-08 | 59.77% |
| 2026-07-07 | 59.77% |
| 2026-07-06 | 59.79% |
| 2026-07-02 | 59.77% |
| 2026-07-01 | 59.79% |
| 2026-06-30 | 59.78% |
| 2026-06-29 | 59.78% |
| 2026-06-26 | 59.77% |
| 2026-06-25 | 59.78% |
| 2026-06-24 | 59.79% |
| 2026-06-23 | 59.79% |
| 2026-06-22 | 59.78% |
| 2026-06-18 | 59.79% |
| 2026-06-17 | 59.79% |
| 2026-06-16 | 59.78% |
| 2026-06-15 | 59.77% |
| 2026-06-12 | 59.79% |
| 2026-06-11 | 59.79% |
| 2026-06-10 | 59.77% |
| 2026-06-09 | 59.78% |
| 2026-06-08 | 59.78% |
| 2026-06-05 | 59.78% |
| 2026-06-04 | 59.79% |
| 2026-06-03 | 59.77% |
| 2026-06-02 | 59.78% |
| 2026-06-01 | 59.78% |
| 2026-05-29 | 59.79% |
| 2026-05-28 | 59.77% |
| 2026-05-27 | 59.78% |
| 2026-05-26 | 59.78% |
| 2026-05-22 | 59.78% |
| 2026-05-21 | 59.79% |
| 2026-05-20 | 59.79% |
| 2026-05-19 | 59.79% |
| 2026-05-18 | 59.77% |
| 2026-05-15 | 59.78% |
| 2026-05-14 | 59.79% |
| 2026-05-13 | 59.77% |
| 2026-05-12 | 74.42% |
| 2026-05-11 | 58.58% |
| 2026-05-08 | 58.58% |
| 2026-05-07 | 58.59% |
| 2026-05-06 | 58.57% |
| 2026-05-05 | 58.58% |
| 2026-05-04 | 58.58% |
| 2026-05-01 | 58.60% |
| 2026-04-30 | 58.59% |
| 2026-04-29 | 58.59% |
| 2026-04-28 | 58.18% |
| 2026-04-27 | 58.17% |
| 2026-04-24 | 58.17% |
| 2026-04-23 | 58.17% |
| 2026-04-22 | 58.18% |
| 2026-04-21 | 58.18% |
| 2026-04-20 | 58.18% |
| 2026-04-17 | 58.17% |
| 2026-04-16 | 58.17% |
| 2026-04-15 | 58.17% |
| 2026-04-14 | 58.17% |
| 2026-04-13 | 58.17% |
| 2026-04-10 | 58.18% |
| 2026-04-09 | 58.17% |
| 2026-04-08 | 58.16% |
| 2026-04-07 | 58.17% |
| 2026-04-06 | 58.18% |
| 2026-04-02 | 58.18% |
| 2026-04-01 | 58.17% |
| 2026-03-31 | 58.18% |
| 2026-03-30 | 58.18% |
| 2026-03-27 | 58.17% |
| 2026-03-26 | 58.18% |
| 2026-03-25 | 58.16% |
| 2026-03-24 | 58.18% |
| 2026-03-23 | 58.16% |
| 2026-03-20 | 58.16% |
| 2026-03-19 | 58.16% |
| 2026-03-18 | 58.16% |
| 2026-03-17 | 58.16% |
| 2026-03-16 | 58.17% |
| 2026-03-13 | 58.17% |
| 2026-03-12 | 58.18% |
| 2026-03-11 | 58.17% |
| 2026-03-10 | 58.18% |
| 2026-03-09 | 58.18% |
| 2026-03-06 | 58.16% |
| 2026-03-05 | 58.17% |
| 2026-03-04 | 58.16% |
| 2026-03-03 | 58.18% |
| 2026-03-02 | 58.16% |
| 2026-02-27 | 58.18% |
| 2026-02-26 | 58.18% |
| 2026-02-25 | 58.18% |
| 2026-02-24 | 58.16% |
| 2026-02-23 | 58.17% |
| 2026-02-20 | 58.18% |
| 2026-02-19 | 58.18% |
| 2026-02-18 | 58.17% |
| 2026-02-17 | 58.06% |
| 2026-02-13 | 58.07% |
| 2026-02-12 | 58.07% |
| 2026-02-11 | 58.07% |
| 2026-02-10 | 58.08% |
| 2026-02-09 | 43.55% |
| 2026-02-06 | 56.97% |
| 2026-02-05 | 56.98% |
| 2026-02-04 | 56.98% |
| 2026-02-03 | 56.98% |
| 2026-02-02 | 56.99% |
| 2026-01-30 | 56.96% |
| 2026-01-29 | 56.97% |
| 2026-01-28 | 56.98% |
| 2026-01-27 | 56.97% |
| 2026-01-26 | 56.98% |
| 2026-01-23 | 56.98% |
| 2026-01-22 | 56.97% |
| 2026-01-21 | 56.97% |
| 2026-01-20 | 56.98% |
| 2026-01-16 | 56.97% |
| 2026-01-15 | 56.96% |
| 2026-01-14 | 56.98% |
| 2026-01-13 | 56.98% |
| 2026-01-12 | 56.97% |
| 2026-01-09 | 56.97% |
| 2026-01-08 | 56.98% |
| 2026-01-07 | 56.98% |
| 2026-01-06 | 56.98% |
| 2026-01-05 | 56.97% |
| 2026-01-02 | 56.97% |
| 2025-12-31 | 56.96% |
| 2025-12-30 | 56.99% |
| 2025-12-29 | 56.96% |
| 2025-12-26 | 56.96% |
| 2025-12-24 | 56.97% |
| 2025-12-23 | 56.98% |
| 2025-12-22 | 56.97% |
| 2025-12-19 | 56.97% |
| 2025-12-18 | 56.98% |
| 2025-12-17 | 56.97% |
| 2025-12-16 | 56.96% |
| 2025-12-15 | 56.97% |
| 2025-12-12 | 56.98% |
| 2025-12-11 | 56.97% |
| 2025-12-10 | 56.97% |
| 2025-12-09 | 56.97% |
| 2025-12-08 | 56.98% |
| 2025-12-05 | 56.98% |
| 2025-12-04 | 56.98% |
| 2025-12-03 | 56.98% |
| 2025-12-02 | 56.98% |
| 2025-12-01 | 56.97% |
| 2025-11-28 | 56.98% |
| 2025-11-26 | 56.97% |
| 2025-11-25 | 56.99% |
| 2025-11-24 | 56.97% |
| 2025-11-21 | 56.98% |
| 2025-11-20 | 56.98% |
| 2025-11-19 | 56.97% |
| 2025-11-18 | 56.97% |
| 2025-11-17 | 56.98% |
| 2025-11-14 | 56.97% |
| 2025-11-13 | 56.97% |
| 2025-11-12 | 42.46% |
| 2025-11-11 | 55.88% |
| 2025-11-10 | 55.87% |
| 2025-11-07 | 55.87% |
| 2025-11-06 | 55.88% |
| 2025-11-05 | 55.88% |
| 2025-11-04 | 55.88% |
| 2025-11-03 | 55.88% |
| 2025-10-31 | 55.87% |
| 2025-10-30 | 55.88% |
| 2025-10-29 | 55.88% |
| 2025-10-28 | 57.39% |
| 2025-10-27 | 57.38% |
| 2025-10-24 | 57.38% |
| 2025-10-23 | 57.39% |
| 2025-10-22 | 57.39% |
| 2025-10-21 | 57.38% |
| 2025-10-20 | 57.38% |
| 2025-10-17 | 57.38% |
| 2025-10-16 | 57.38% |
| 2025-10-15 | 57.38% |
| 2025-10-14 | 57.40% |
| 2025-10-13 | 57.39% |
| 2025-10-10 | 57.38% |
| 2025-10-09 | 57.38% |
| 2025-10-08 | 57.39% |
| 2025-10-07 | 57.39% |
| 2025-10-06 | 57.38% |
| 2025-10-03 | 57.39% |
| 2025-10-02 | 57.39% |
| 2025-10-01 | 57.39% |
| 2025-09-30 | 57.39% |
| 2025-09-29 | 57.38% |
| 2025-09-26 | 57.39% |
| 2025-09-25 | 57.38% |
| 2025-09-24 | 57.39% |
| 2025-09-23 | 57.39% |
| 2025-09-22 | 57.38% |
| 2025-09-19 | 57.40% |
| 2025-09-18 | 57.38% |
| 2025-09-17 | 57.39% |
| 2025-09-16 | 57.39% |
| 2025-09-15 | 57.39% |
| 2025-09-12 | 57.40% |
| 2025-09-11 | 57.39% |
| 2025-09-10 | 57.38% |
| 2025-09-09 | 57.38% |
| 2025-09-08 | 57.39% |
| 2025-09-05 | 57.38% |
| 2025-09-04 | 57.39% |
| 2025-09-03 | 57.38% |
| 2025-09-02 | 57.39% |
| 2025-08-29 | 57.39% |
| 2025-08-28 | 57.38% |
| 2025-08-27 | 57.39% |
| 2025-08-26 | 57.39% |
| 2025-08-25 | 57.39% |
| 2025-08-22 | 57.38% |
| 2025-08-21 | 57.38% |
| 2025-08-20 | 57.39% |
| 2025-08-19 | 57.38% |
| 2025-08-18 | 57.38% |
| 2025-08-15 | 57.38% |
| 2025-08-14 | 57.39% |
| 2025-08-13 | 57.39% |
| 2025-08-12 | 71.17% |
| 2025-08-11 | 56.27% |
| 2025-08-08 | 56.26% |
| 2025-08-07 | 56.26% |
| 2025-08-06 | 56.26% |
| 2025-08-05 | 56.27% |
| 2025-08-04 | 56.27% |
| 2025-08-01 | 56.27% |
| 2025-07-31 | 56.26% |
| 2025-07-30 | 56.26% |
| 2025-07-29 | 56.87% |
| 2025-07-28 | 56.89% |
| 2025-07-25 | 56.88% |
| 2025-07-24 | 56.87% |
| 2025-07-23 | 56.87% |
| 2025-07-22 | 56.89% |
| 2025-07-21 | 56.88% |
| 2025-07-18 | 56.87% |
| 2025-07-17 | 56.87% |
Showing the most recent 260 of 4,084 data points. The chart above shows the full history.
| 54.8% |
| 2019 | $3.43 | $1.96 | 57.0% |
| 2018 | $3.15 | $1.78 | 56.5% |
| 2017 | $2.39 | $1.62 | 67.8% |
| 2016 | $2.63 | $1.47 | 55.7% |
| 2015 | $2.66 | $1.33 | 50.0% |
| 2014 | $2.36 | $1.21 | 51.3% |
| 2013 | $2.08 | $0.84 | 40.4% |
| 2012 | $2.03 | $1.21 | 59.6% |
| 2011 | $1.77 | $0.90 | 50.8% |
| 2010 | $1.53 | $0.86 | 56.2% |
| 2009 | ($1.39) | $0.82 | N/A (Loss) |
| 2008 | ($3.52) | $0.40 | N/A (Loss) |
| 2007 | ($2.14) | $0.00 | N/A (Loss) |
| 2006 | ($1.01) | $0.00 | N/A (Loss) |
| 2005 | ($2.03) | $0.00 | N/A (Loss) |
| 2001 | $1.62 | $0.00 | 0.0% |
| 2000 | $1.61 | $0.00 | 0.0% |
| 1999 | $1.40 | $0.00 | 0.0% |
| 1998 | $1.54 | $0.00 | 0.0% |
| 1997 | $1.51 | $0.00 | 0.0% |
| 1996 | $1.31 | $0.00 | 0.0% |
| 1995 | $1.32 | $0.00 | 0.0% |
| 1994 | $1.17 | $0.00 | 0.0% |
| 1993 | $1.15 | $0.00 | 0.0% |
