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 35.74% is 21% below its 5-year average of 45.31%, near the low end of its 5-year range (22.80%–89.12%).
As of Sunday, August 9, 2026. 7.66% above its 12-month average of 33.19%.
Dividend Payout Ratio (35.74%) = TTM Dividends/Share ($2.28) / TTM EPS ($6.38)
DIVIDEND PAYOUT RATIO
35.74%
DIVIDEND PAYOUT RATIO AVG TTM
33.19%
DIVIDEND PAYOUT RATIO AVG 3Y
44.51%
DIVIDEND PAYOUT RATIO AVG 5Y
43.82%
DIVIDEND PAYOUT RATIO AVG 10Y
34.15%
DIVIDEND PAYOUT RATIO AVG 15Y
33.75%
DIVIDEND PAYOUT RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+7.66%
CURRENT VS 3Y AVG
-19.71%
CURRENT VS 5Y AVG
-18.44%
CURRENT VS 10Y AVG
+4.66%
CURRENT VS 15Y AVG
+5.89%
CURRENT VS 20Y AVG
N/A
| Year | EPS | Dividend | Payout Ratio |
|---|---|---|---|
| 2026 | $6.91 | $1.77 | 25.6% |
| 2025 | $7.28 | $2.20 | 30.2% |
| 2024 | $4.61 | $2.04 | 44.3% |
| 2023 | $2.04 | $1.88 | 92.2% |
| 2022 | $3.46 | $1.72 | 49.7% |
| 2021 | $4.40 | $1.48 |
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 | 35.74% |
| 2026-08-06 | 35.74% |
| 2026-08-05 | 35.73% |
| 2026-08-04 | 35.72% |
| 2026-08-03 | 35.73% |
| 2026-07-31 | 35.74% |
| 2026-07-30 | 35.75% |
| 2026-07-29 | 35.74% |
| 2026-07-28 | 35.73% |
| 2026-07-27 | 35.74% |
| 2026-07-24 | 35.74% |
| 2026-07-23 | 33.06% |
| 2026-07-22 | 33.03% |
| 2026-07-21 | 33.03% |
| 2026-07-20 | 33.04% |
| 2026-07-17 | 33.04% |
| 2026-07-16 | 33.05% |
| 2026-07-15 | 33.06% |
| 2026-07-14 | 33.04% |
| 2026-07-13 | 33.04% |
| 2026-07-10 | 33.06% |
| 2026-07-09 | 33.03% |
| 2026-07-08 | 33.03% |
| 2026-07-07 | 33.06% |
| 2026-07-06 | 33.04% |
| 2026-07-02 | 33.04% |
| 2026-07-01 | 33.05% |
| 2026-06-30 | 33.03% |
| 2026-06-29 | 33.04% |
| 2026-06-26 | 33.05% |
| 2026-06-25 | 33.03% |
| 2026-06-24 | 33.03% |
| 2026-06-23 | 33.05% |
| 2026-06-22 | 33.05% |
| 2026-06-18 | 33.05% |
| 2026-06-17 | 33.03% |
| 2026-06-16 | 33.04% |
| 2026-06-15 | 33.03% |
| 2026-06-12 | 33.05% |
| 2026-06-11 | 33.05% |
| 2026-06-10 | 41.01% |
| 2026-06-09 | 32.46% |
| 2026-06-08 | 32.46% |
| 2026-06-05 | 32.47% |
| 2026-06-04 | 32.48% |
| 2026-06-03 | 32.47% |
| 2026-06-02 | 32.46% |
| 2026-06-01 | 32.46% |
| 2026-05-29 | 32.48% |
| 2026-05-28 | 32.47% |
| 2026-05-27 | 32.47% |
| 2026-05-26 | 32.46% |
| 2026-05-22 | 32.46% |
| 2026-05-21 | 33.27% |
| 2026-05-20 | 33.29% |
| 2026-05-19 | 33.28% |
| 2026-05-18 | 33.28% |
| 2026-05-15 | 33.29% |
| 2026-05-14 | 33.27% |
| 2026-05-13 | 33.29% |
| 2026-05-12 | 33.29% |
| 2026-05-11 | 33.29% |
| 2026-05-08 | 33.29% |
| 2026-05-07 | 33.29% |
| 2026-05-06 | 33.27% |
| 2026-05-05 | 33.28% |
| 2026-05-04 | 33.29% |
| 2026-05-01 | 33.30% |
| 2026-04-30 | 33.30% |
| 2026-04-29 | 33.29% |
| 2026-04-28 | 33.29% |
| 2026-04-27 | 33.28% |
| 2026-04-24 | 33.28% |
| 2026-04-23 | 33.28% |
| 2026-04-22 | 33.29% |
| 2026-04-21 | 33.30% |
| 2026-04-20 | 33.28% |
| 2026-04-17 | 33.28% |
| 2026-04-16 | 33.29% |
| 2026-04-15 | 33.29% |
| 2026-04-14 | 33.29% |
| 2026-04-13 | 33.29% |
| 2026-04-10 | 33.30% |
| 2026-04-09 | 33.29% |
| 2026-04-08 | 33.27% |
| 2026-04-07 | 33.27% |
| 2026-04-06 | 33.29% |
| 2026-04-02 | 33.28% |
| 2026-04-01 | 33.28% |
| 2026-03-31 | 33.27% |
| 2026-03-30 | 33.28% |
| 2026-03-27 | 33.28% |
| 2026-03-26 | 33.29% |
| 2026-03-25 | 33.27% |
| 2026-03-24 | 33.28% |
| 2026-03-23 | 33.28% |
| 2026-03-20 | 33.28% |
| 2026-03-19 | 33.28% |
| 2026-03-18 | 33.29% |
| 2026-03-17 | 33.29% |
| 2026-03-16 | 33.29% |
| 2026-03-13 | 33.28% |
| 2026-03-12 | 33.29% |
| 2026-03-11 | 33.27% |
| 2026-03-10 | 33.29% |
| 2026-03-09 | 33.29% |
| 2026-03-06 | 33.29% |
| 2026-03-05 | 33.29% |
| 2026-03-04 | 33.28% |
| 2026-03-03 | 33.29% |
| 2026-03-02 | 33.28% |
| 2026-02-27 | 33.27% |
| 2026-02-26 | 33.28% |
| 2026-02-25 | 33.28% |
| 2026-02-24 | 33.29% |
| 2026-02-23 | 33.27% |
| 2026-02-20 | 33.28% |
| 2026-02-19 | 33.29% |
| 2026-02-18 | 33.28% |
| 2026-02-17 | 33.30% |
| 2026-02-13 | 41.47% |
| 2026-02-12 | 32.69% |
| 2026-02-11 | 32.70% |
| 2026-02-10 | 32.70% |
| 2026-02-09 | 32.68% |
| 2026-02-06 | 32.70% |
| 2026-02-05 | 32.69% |
| 2026-02-04 | 32.70% |
| 2026-02-03 | 32.68% |
| 2026-02-02 | 32.69% |
| 2026-01-30 | 32.69% |
| 2026-01-29 | 32.68% |
| 2026-01-28 | 32.70% |
| 2026-01-27 | 32.70% |
| 2026-01-26 | 32.70% |
| 2026-01-23 | 32.69% |
| 2026-01-22 | 33.59% |
| 2026-01-21 | 33.59% |
| 2026-01-20 | 33.59% |
| 2026-01-16 | 33.59% |
| 2026-01-15 | 33.60% |
| 2026-01-14 | 33.59% |
| 2026-01-13 | 33.59% |
| 2026-01-12 | 33.58% |
| 2026-01-09 | 33.58% |
| 2026-01-08 | 33.58% |
| 2026-01-07 | 33.59% |
| 2026-01-06 | 33.60% |
| 2026-01-05 | 33.59% |
| 2026-01-02 | 33.59% |
| 2025-12-31 | 33.59% |
| 2025-12-30 | 33.59% |
| 2025-12-29 | 33.60% |
| 2025-12-26 | 33.60% |
| 2025-12-24 | 33.59% |
| 2025-12-23 | 33.58% |
| 2025-12-22 | 33.58% |
| 2025-12-19 | 33.60% |
| 2025-12-18 | 33.58% |
| 2025-12-17 | 33.58% |
| 2025-12-16 | 33.59% |
| 2025-12-15 | 33.60% |
| 2025-12-12 | 33.58% |
| 2025-12-11 | 33.59% |
| 2025-12-10 | 33.58% |
| 2025-12-09 | 33.58% |
| 2025-12-08 | 33.60% |
| 2025-12-05 | 33.60% |
| 2025-12-04 | 33.58% |
| 2025-12-03 | 33.58% |
| 2025-12-02 | 33.58% |
| 2025-12-01 | 33.60% |
| 2025-11-28 | 33.58% |
| 2025-11-26 | 33.59% |
| 2025-11-25 | 33.59% |
| 2025-11-24 | 33.59% |
| 2025-11-21 | 33.58% |
| 2025-11-20 | 33.59% |
| 2025-11-19 | 33.59% |
| 2025-11-18 | 33.59% |
| 2025-11-17 | 33.60% |
| 2025-11-14 | 41.38% |
| 2025-11-13 | 32.99% |
| 2025-11-12 | 32.97% |
| 2025-11-11 | 32.97% |
| 2025-11-10 | 32.98% |
| 2025-11-07 | 32.97% |
| 2025-11-06 | 32.97% |
| 2025-11-05 | 32.97% |
| 2025-11-04 | 32.98% |
| 2025-11-03 | 32.97% |
| 2025-10-31 | 32.98% |
| 2025-10-30 | 32.97% |
| 2025-10-29 | 32.99% |
| 2025-10-28 | 32.97% |
| 2025-10-27 | 32.98% |
| 2025-10-24 | 32.97% |
| 2025-10-23 | 26.53% |
| 2025-10-22 | 26.54% |
| 2025-10-21 | 26.53% |
| 2025-10-20 | 26.53% |
| 2025-10-17 | 26.53% |
| 2025-10-16 | 26.53% |
| 2025-10-15 | 26.54% |
| 2025-10-14 | 26.53% |
| 2025-10-13 | 26.54% |
| 2025-10-10 | 26.53% |
| 2025-10-09 | 26.53% |
| 2025-10-08 | 26.53% |
| 2025-10-07 | 26.53% |
| 2025-10-06 | 26.53% |
| 2025-10-03 | 26.54% |
| 2025-10-02 | 26.54% |
| 2025-10-01 | 26.53% |
| 2025-09-30 | 26.54% |
| 2025-09-29 | 26.54% |
| 2025-09-26 | 26.53% |
| 2025-09-25 | 26.53% |
| 2025-09-24 | 26.54% |
| 2025-09-23 | 26.54% |
| 2025-09-22 | 26.54% |
| 2025-09-19 | 26.54% |
| 2025-09-18 | 26.53% |
| 2025-09-17 | 26.54% |
| 2025-09-16 | 26.54% |
| 2025-09-15 | 26.53% |
| 2025-09-12 | 26.53% |
| 2025-09-11 | 26.54% |
| 2025-09-10 | 26.53% |
| 2025-09-09 | 26.54% |
| 2025-09-08 | 26.53% |
| 2025-09-05 | 26.54% |
| 2025-09-04 | 26.54% |
| 2025-09-03 | 26.53% |
| 2025-09-02 | 26.53% |
| 2025-08-29 | 26.54% |
| 2025-08-28 | 26.53% |
| 2025-08-27 | 26.54% |
| 2025-08-26 | 26.54% |
| 2025-08-25 | 26.53% |
| 2025-08-22 | 26.53% |
| 2025-08-21 | 26.54% |
| 2025-08-20 | 26.54% |
| 2025-08-19 | 26.54% |
| 2025-08-18 | 26.53% |
| 2025-08-15 | 26.54% |
| 2025-08-14 | 26.54% |
| 2025-08-13 | 26.04% |
| 2025-08-12 | 26.04% |
| 2025-08-11 | 26.04% |
| 2025-08-08 | 26.04% |
| 2025-08-07 | 26.04% |
| 2025-08-06 | 26.04% |
| 2025-08-05 | 26.04% |
| 2025-08-04 | 26.05% |
| 2025-08-01 | 26.05% |
| 2025-07-31 | 26.05% |
| 2025-07-30 | 26.04% |
| 2025-07-29 | 26.04% |
| 2025-07-28 | 26.04% |
Showing the most recent 260 of 3,644 data points. The chart above shows the full history.
| 33.6% |
| 2020 | $3.43 | $1.24 | 36.2% |
| 2019 | $2.94 | $0.96 | 32.7% |
| 2018 | $2.08 | $0.76 | 36.5% |
| 2017 | $1.69 | $0.68 | 40.2% |
| 2016 | $1.98 | $0.60 | 30.3% |
| 2015 | $1.58 | $0.52 | 32.9% |
| 2014 | $1.62 | $1.32 | 81.5% |
| 2013 | $1.56 | $1.39 | 89.1% |
| 2012 | $1.83 | $1.86 | 101.6% |
| 2011 | $0.74 | $0.00 | 0.0% |
| 2010 | $0.24 | $0.00 | 0.0% |
| 2009 | ($11.74) | $0.00 | N/A (Loss) |
