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 25.22% is 61% below its 5-year average of 64.80%, near the low end of its 5-year range (17.61%–941.79%).
As of Tuesday, August 4, 2026. 6.86% above its 12-month average of 23.60%.
Dividend Payout Ratio (25.22%) = TTM Dividends/Share ($0.92) / TTM EPS ($3.65)
DIVIDEND PAYOUT RATIO
25.22%
DIVIDEND PAYOUT RATIO AVG TTM
23.60%
DIVIDEND PAYOUT RATIO AVG 3Y
30.47%
DIVIDEND PAYOUT RATIO AVG 5Y
40.79%
DIVIDEND PAYOUT RATIO AVG 10Y
32.29%
DIVIDEND PAYOUT RATIO AVG 15Y
29.14%
DIVIDEND PAYOUT RATIO AVG 20Y
27.59%
CURRENT VS TTM AVG
+6.86%
CURRENT VS 3Y AVG
-17.25%
CURRENT VS 5Y AVG
-38.18%
CURRENT VS 10Y AVG
-21.90%
CURRENT VS 15Y AVG
-13.48%
CURRENT VS 20Y AVG
-8.60%
| Year | EPS | Dividend | Payout Ratio |
|---|---|---|---|
| 2025 | $2.98 | $0.52 | 17.6% |
| 2024 | $1.22 | $0.40 | 32.8% |
| 2023 | $0.72 | $0.40 | 55.6% |
| 2022 | $0.23 | $0.65 | 282.6% |
| 2021 | $1.14 | $0.78 | 68.6% |
| 2020 | $1.31 | $0.31 |
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 |
|---|---|
| 2026-08-03 | 25.22% |
| 2026-07-31 | 25.20% |
| 2026-07-30 | 25.21% |
| 2026-07-29 | 25.20% |
| 2026-07-28 | 25.20% |
| 2026-07-27 | 25.20% |
| 2026-07-24 | 25.21% |
| 2026-07-23 | 25.20% |
| 2026-07-22 | 25.21% |
| 2026-07-21 | 25.19% |
| 2026-07-20 | 25.21% |
| 2026-07-17 | 25.21% |
| 2026-07-16 | 25.22% |
| 2026-07-15 | 25.21% |
| 2026-07-14 | 25.21% |
| 2026-07-13 | 25.21% |
| 2026-07-10 | 25.21% |
| 2026-07-09 | 25.20% |
| 2026-07-08 | 25.20% |
| 2026-07-07 | 25.21% |
| 2026-07-06 | 25.20% |
| 2026-07-02 | 25.21% |
| 2026-07-01 | 25.21% |
| 2026-06-30 | 25.20% |
| 2026-06-29 | 25.21% |
| 2026-06-26 | 25.21% |
| 2026-06-25 | 25.21% |
| 2026-06-24 | 25.21% |
| 2026-06-23 | 25.20% |
| 2026-06-22 | 25.21% |
| 2026-06-18 | 25.20% |
| 2026-06-17 | 25.20% |
| 2026-06-16 | 25.21% |
| 2026-06-15 | 25.20% |
| 2026-06-12 | 25.20% |
| 2026-06-11 | 25.20% |
| 2026-06-10 | 25.21% |
| 2026-06-09 | 25.21% |
| 2026-06-08 | 25.20% |
| 2026-06-05 | 25.20% |
| 2026-06-04 | 25.20% |
| 2026-06-03 | 25.21% |
| 2026-06-02 | 25.21% |
| 2026-06-01 | 25.20% |
| 2026-05-29 | 27.95% |
| 2026-05-28 | 23.15% |
| 2026-05-27 | 23.15% |
| 2026-05-26 | 23.14% |
| 2026-05-22 | 23.16% |
| 2026-05-21 | 23.15% |
| 2026-05-20 | 23.16% |
| 2026-05-19 | 23.15% |
| 2026-05-18 | 23.14% |
| 2026-05-15 | 23.16% |
| 2026-05-14 | 23.14% |
| 2026-05-13 | 23.14% |
| 2026-05-12 | 23.15% |
| 2026-05-11 | 23.16% |
| 2026-05-08 | 23.16% |
| 2026-05-07 | 23.14% |
| 2026-05-06 | 23.15% |
| 2026-05-05 | 23.15% |
| 2026-05-04 | 23.14% |
| 2026-05-01 | 23.16% |
| 2026-04-30 | 23.15% |
| 2026-04-29 | 23.14% |
| 2026-04-28 | 23.15% |
| 2026-04-27 | 23.15% |
| 2026-04-24 | 23.16% |
| 2026-04-23 | 23.14% |
| 2026-04-22 | 23.15% |
| 2026-04-21 | 23.15% |
| 2026-04-20 | 23.15% |
| 2026-04-17 | 23.14% |
| 2026-04-16 | 23.16% |
| 2026-04-15 | 23.15% |
| 2026-04-14 | 23.16% |
| 2026-04-13 | 23.16% |
| 2026-04-10 | 23.15% |
| 2026-04-09 | 23.14% |
| 2026-04-08 | 23.16% |
| 2026-04-07 | 23.16% |
| 2026-04-06 | 23.14% |
| 2026-04-02 | 23.15% |
| 2026-04-01 | 23.15% |
| 2026-03-31 | 23.16% |
| 2026-03-30 | 23.14% |
| 2026-03-27 | 28.36% |
| 2026-03-26 | 28.36% |
| 2026-03-25 | 28.36% |
| 2026-03-24 | 28.35% |
| 2026-03-23 | 28.36% |
| 2026-03-20 | 28.35% |
| 2026-03-19 | 28.37% |
| 2026-03-18 | 28.36% |
| 2026-03-17 | 28.35% |
| 2026-03-16 | 28.35% |
| 2026-03-13 | 28.36% |
| 2026-03-12 | 28.36% |
| 2026-03-11 | 28.36% |
| 2026-03-10 | 28.35% |
| 2026-03-09 | 28.35% |
| 2026-03-06 | 28.35% |
| 2026-03-05 | 28.35% |
| 2026-03-04 | 28.35% |
| 2026-03-03 | 28.35% |
| 2026-03-02 | 28.35% |
| 2026-02-27 | 31.72% |
| 2026-02-26 | 17.62% |
| 2026-02-25 | 17.61% |
| 2026-02-24 | 17.62% |
| 2026-02-23 | 17.62% |
| 2026-02-20 | 17.61% |
| 2026-02-19 | 17.62% |
| 2026-02-18 | 17.62% |
| 2026-02-17 | 17.61% |
| 2026-02-13 | 17.62% |
| 2026-02-12 | 17.62% |
| 2026-02-11 | 17.62% |
| 2026-02-10 | 17.62% |
| 2026-02-09 | 17.62% |
| 2026-02-06 | 17.61% |
| 2026-02-05 | 17.62% |
| 2026-02-04 | 17.61% |
| 2026-02-03 | 17.62% |
| 2026-02-02 | 17.62% |
| 2026-01-30 | 17.62% |
| 2026-01-29 | 17.62% |
| 2026-01-28 | 17.62% |
| 2026-01-27 | 17.62% |
| 2026-01-26 | 17.62% |
| 2026-01-23 | 17.62% |
| 2026-01-22 | 17.61% |
| 2026-01-21 | 17.62% |
| 2026-01-20 | 17.62% |
| 2026-01-16 | 17.61% |
| 2026-01-15 | 17.62% |
| 2026-01-14 | 17.62% |
| 2026-01-13 | 17.62% |
| 2026-01-12 | 17.61% |
| 2026-01-09 | 17.61% |
| 2026-01-08 | 17.62% |
| 2026-01-07 | 17.61% |
| 2026-01-06 | 17.62% |
| 2026-01-05 | 17.62% |
| 2026-01-02 | 17.62% |
| 2025-12-31 | 17.61% |
| 2025-12-30 | 17.62% |
| 2025-12-29 | 25.36% |
| 2025-12-26 | 25.36% |
| 2025-12-24 | 25.37% |
| 2025-12-23 | 25.36% |
| 2025-12-22 | 25.36% |
| 2025-12-19 | 25.36% |
| 2025-12-18 | 25.36% |
| 2025-12-17 | 25.36% |
| 2025-12-16 | 25.36% |
| 2025-12-15 | 25.37% |
| 2025-12-12 | 25.37% |
| 2025-12-11 | 25.37% |
| 2025-12-10 | 25.36% |
| 2025-12-09 | 25.36% |
| 2025-12-08 | 25.36% |
| 2025-12-05 | 25.37% |
| 2025-12-04 | 25.36% |
| 2025-12-03 | 25.37% |
| 2025-12-02 | 25.36% |
| 2025-12-01 | 25.36% |
| 2025-11-28 | 30.19% |
| 2025-11-26 | 21.74% |
| 2025-11-25 | 21.74% |
| 2025-11-24 | 21.74% |
| 2025-11-21 | 21.74% |
| 2025-11-20 | 21.74% |
| 2025-11-19 | 21.74% |
| 2025-11-18 | 21.74% |
| 2025-11-17 | 21.75% |
| 2025-11-14 | 21.74% |
| 2025-11-13 | 21.73% |
| 2025-11-12 | 21.73% |
| 2025-11-11 | 21.74% |
| 2025-11-10 | 21.74% |
| 2025-11-07 | 21.75% |
| 2025-11-06 | 21.73% |
| 2025-11-05 | 21.74% |
| 2025-11-04 | 21.74% |
| 2025-11-03 | 21.74% |
| 2025-10-31 | 21.75% |
| 2025-10-30 | 21.74% |
| 2025-10-29 | 21.74% |
| 2025-10-28 | 21.74% |
| 2025-10-27 | 21.74% |
| 2025-10-24 | 21.74% |
| 2025-10-23 | 21.74% |
| 2025-10-22 | 21.74% |
| 2025-10-21 | 21.74% |
| 2025-10-20 | 21.74% |
| 2025-10-17 | 21.74% |
| 2025-10-16 | 21.74% |
| 2025-10-15 | 21.73% |
| 2025-10-14 | 21.74% |
| 2025-10-13 | 21.73% |
| 2025-10-10 | 21.74% |
| 2025-10-09 | 21.74% |
| 2025-10-08 | 21.74% |
| 2025-10-07 | 21.74% |
| 2025-10-06 | 21.74% |
| 2025-10-03 | 21.74% |
| 2025-10-02 | 21.74% |
| 2025-10-01 | 21.75% |
| 2025-09-30 | 21.74% |
| 2025-09-29 | 28.30% |
| 2025-09-26 | 28.31% |
| 2025-09-25 | 28.31% |
| 2025-09-24 | 28.30% |
| 2025-09-23 | 28.30% |
| 2025-09-22 | 28.30% |
| 2025-09-19 | 28.30% |
| 2025-09-18 | 28.30% |
| 2025-09-17 | 28.30% |
| 2025-09-16 | 28.30% |
| 2025-09-15 | 28.31% |
| 2025-09-12 | 28.31% |
| 2025-09-11 | 28.30% |
| 2025-09-10 | 28.30% |
| 2025-09-09 | 28.30% |
| 2025-09-08 | 28.30% |
| 2025-09-05 | 28.31% |
| 2025-09-04 | 28.31% |
| 2025-09-03 | 28.31% |
| 2025-09-02 | 28.31% |
| 2025-08-29 | 34.59% |
| 2025-08-28 | 25.16% |
| 2025-08-27 | 25.15% |
| 2025-08-26 | 25.16% |
| 2025-08-25 | 25.16% |
| 2025-08-22 | 25.16% |
| 2025-08-21 | 25.16% |
| 2025-08-20 | 25.15% |
| 2025-08-19 | 25.16% |
| 2025-08-18 | 25.16% |
| 2025-08-15 | 25.16% |
| 2025-08-14 | 25.17% |
| 2025-08-13 | 25.16% |
| 2025-08-12 | 25.16% |
| 2025-08-11 | 25.15% |
| 2025-08-08 | 25.16% |
| 2025-08-07 | 25.16% |
| 2025-08-06 | 25.16% |
| 2025-08-05 | 25.16% |
| 2025-08-04 | 25.16% |
| 2025-08-01 | 25.16% |
| 2025-07-31 | 25.15% |
| 2025-07-30 | 25.16% |
| 2025-07-29 | 25.15% |
| 2025-07-28 | 25.17% |
| 2025-07-25 | 25.15% |
| 2025-07-24 | 25.16% |
| 2025-07-23 | 25.16% |
| 2025-07-22 | 25.15% |
Showing the most recent 260 of 1,792 data points. The chart above shows the full history.
| 23.7% |
| 2019 | $2.31 | $0.29 | 12.6% |
| 2018 | ($1.32) | $0.12 | N/A (Loss) |
| 2017 | $1.23 | $0.15 | 12.2% |
| 2016 | $0.56 | $0.12 | 21.5% |
| 2015 | ($2.44) | $0.14 | N/A (Loss) |
| 2014 | ($2.50) | $0.20 | N/A (Loss) |
| 2013 | ($10.15) | $0.50 | N/A (Loss) |
| 2012 | ($0.66) | $0.75 | N/A (Loss) |
| 2011 | $4.49 | $0.51 | 11.4% |
| 2010 | $3.32 | $0.52 | 15.7% |
| 2009 | ($4.73) | $0.64 | N/A (Loss) |
| 2008 | $0.90 | $0.70 | 77.8% |
| 2007 | $1.29 | $0.27 | 20.5% |
| 2006 | $1.79 | $0.23 | 13.1% |
| 2005 | $0.75 | $0.21 | 28.0% |
| 2004 | $0.47 | $0.20 | 42.6% |
| 2003 | $0.37 | $0.20 | 54.1% |
| 2002 | $0.36 | $0.30 | 83.3% |
| 2001 | $0.18 | $0.20 | 111.1% |
| 2000 | ($2.21) | $0.20 | N/A (Loss) |
| 1999 | $0.85 | $0.18 | 21.8% |
| 1998 | $0.80 | $0.17 | 21.7% |
| 1997 | ($0.33) | $0.16 | N/A (Loss) |
| 1996 | $0.60 | $0.15 | 25.0% |
