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 18.90% is 10% below its 5-year average of 21.04%, near the low end of its 5-year range (18.89%–40.05%).
As of Monday, October 5, 2026. 4.32% below its 12-month average of 19.75%.
Dividend Payout Ratio (18.90%) = TTM Dividends/Share ($0.96) / TTM EPS ($5.08)
Trailing-12-month dividend payout ratio; raw quarterly payout is intentionally not charted. Historical series through 2026-10-05.
DIVIDEND PAYOUT RATIO
18.90%
DIVIDEND PAYOUT RATIO AVG TTM
19.75%
DIVIDEND PAYOUT RATIO AVG 3Y
20.95%
DIVIDEND PAYOUT RATIO AVG 5Y
21.04%
DIVIDEND PAYOUT RATIO AVG 10Y
20.87%
DIVIDEND PAYOUT RATIO AVG 15Y
19.20%
DIVIDEND PAYOUT RATIO AVG 20Y
16.96%
CURRENT VS TTM AVG
-4.32%
CURRENT VS 3Y AVG
-9.79%
CURRENT VS 5Y AVG
-10.19%
CURRENT VS 10Y AVG
-9.42%
CURRENT VS 15Y AVG
-1.56%
CURRENT VS 20Y AVG
+11.41%
| Fiscal year end | EPS | Dividends (FY) | Payout Ratio |
|---|---|---|---|
| 2025-12-31 | $4.80 | $0.96 | 20.0% |
| 2024-12-31 | $3.97 | $0.87 | 21.9% |
| 2023-12-31 | $3.38 | $0.79 | 23.4% |
| 2022-12-31 | $3.29 | $0.71 | 21.6% |
| 2021-12-31 | $2.98 | $0.64 | 21.5% |
| 2020-12-31 | $2.63 |
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 | 18.90% |
| 2026-10-02 | 18.90% |
| 2026-10-01 | 18.90% |
| 2026-09-30 | 18.90% |
| 2026-09-29 | 18.90% |
| 2026-09-28 | 18.89% |
| 2026-09-25 | 18.90% |
| 2026-09-24 | 18.90% |
| 2026-09-23 | 18.90% |
| 2026-09-22 | 18.90% |
| 2026-09-21 | 18.90% |
| 2026-09-18 | 18.90% |
| 2026-09-17 | 18.90% |
| 2026-09-16 | 18.90% |
| 2026-09-15 | 18.90% |
| 2026-09-14 | 18.90% |
| 2026-09-11 | 18.90% |
| 2026-09-10 | 18.90% |
| 2026-09-09 | 18.90% |
| 2026-09-08 | 18.89% |
| 2026-09-04 | 18.90% |
| 2026-09-03 | 18.90% |
| 2026-09-02 | 18.90% |
| 2026-09-01 | 18.90% |
| 2026-08-31 | 18.90% |
| 2026-08-28 | 18.90% |
| 2026-08-27 | 18.90% |
| 2026-08-26 | 18.90% |
| 2026-08-25 | 18.90% |
| 2026-08-24 | 18.90% |
| 2026-08-21 | 18.90% |
| 2026-08-20 | 18.90% |
| 2026-08-19 | 18.90% |
| 2026-08-18 | 18.90% |
| 2026-08-17 | 18.90% |
| 2026-08-14 | 18.90% |
| 2026-08-13 | 18.90% |
| 2026-08-12 | 18.90% |
| 2026-08-11 | 18.90% |
| 2026-08-10 | 18.90% |
| 2026-08-07 | 18.90% |
| 2026-08-06 | 18.90% |
| 2026-08-05 | 18.90% |
| 2026-08-04 | 18.90% |
| 2026-08-03 | 18.90% |
| 2026-07-31 | 19.71% |
| 2026-07-30 | 19.71% |
| 2026-07-29 | 19.71% |
| 2026-07-28 | 19.71% |
| 2026-07-27 | 19.71% |
| 2026-07-24 | 19.71% |
| 2026-07-23 | 19.71% |
| 2026-07-22 | 19.72% |
| 2026-07-21 | 19.71% |
| 2026-07-20 | 19.71% |
| 2026-07-17 | 19.71% |
| 2026-07-16 | 19.71% |
| 2026-07-15 | 19.71% |
| 2026-07-14 | 19.71% |
| 2026-07-13 | 19.71% |
| 2026-07-10 | 19.72% |
| 2026-07-09 | 19.71% |
| 2026-07-08 | 19.71% |
| 2026-07-07 | 19.71% |
| 2026-07-06 | 19.71% |
| 2026-07-02 | 19.71% |
| 2026-07-01 | 19.71% |
| 2026-06-30 | 19.71% |
| 2026-06-29 | 19.72% |
| 2026-06-26 | 19.71% |
| 2026-06-25 | 19.71% |
| 2026-06-24 | 19.71% |
| 2026-06-23 | 19.71% |
| 2026-06-22 | 19.71% |
| 2026-06-18 | 19.71% |
| 2026-06-17 | 19.71% |
| 2026-06-16 | 19.71% |
| 2026-06-15 | 19.71% |
| 2026-06-12 | 19.71% |
| 2026-06-11 | 19.71% |
| 2026-06-10 | 19.71% |
| 2026-06-09 | 19.71% |
| 2026-06-08 | 19.72% |
| 2026-06-05 | 19.72% |
| 2026-06-04 | 19.71% |
| 2026-06-03 | 19.71% |
| 2026-06-02 | 19.71% |
| 2026-06-01 | 19.71% |
| 2026-05-29 | 19.71% |
| 2026-05-28 | 19.71% |
| 2026-05-27 | 19.71% |
| 2026-05-26 | 19.71% |
| 2026-05-22 | 19.71% |
| 2026-05-21 | 19.71% |
| 2026-05-20 | 19.71% |
| 2026-05-19 | 19.71% |
| 2026-05-18 | 19.72% |
| 2026-05-15 | 19.71% |
| 2026-05-14 | 19.71% |
| 2026-05-13 | 19.71% |
| 2026-05-12 | 19.72% |
| 2026-05-11 | 19.71% |
| 2026-05-08 | 19.71% |
| 2026-05-07 | 19.71% |
| 2026-05-06 | 19.71% |
| 2026-05-05 | 19.71% |
| 2026-05-04 | 19.72% |
| 2026-05-01 | 19.71% |
| 2026-04-30 | 20.21% |
| 2026-04-29 | 20.21% |
| 2026-04-28 | 20.21% |
| 2026-04-27 | 20.21% |
| 2026-04-24 | 20.21% |
| 2026-04-23 | 20.21% |
| 2026-04-22 | 20.21% |
| 2026-04-21 | 20.21% |
| 2026-04-20 | 20.21% |
| 2026-04-17 | 20.21% |
| 2026-04-16 | 20.21% |
| 2026-04-15 | 20.21% |
| 2026-04-14 | 20.21% |
| 2026-04-13 | 20.21% |
| 2026-04-10 | 20.21% |
| 2026-04-09 | 20.21% |
| 2026-04-08 | 20.21% |
| 2026-04-07 | 20.21% |
| 2026-04-06 | 20.21% |
| 2026-04-02 | 20.21% |
| 2026-04-01 | 20.21% |
| 2026-03-31 | 20.21% |
| 2026-03-30 | 20.21% |
| 2026-03-27 | 20.21% |
| 2026-03-26 | 20.21% |
| 2026-03-25 | 20.21% |
| 2026-03-24 | 20.21% |
| 2026-03-23 | 20.21% |
| 2026-03-20 | 20.21% |
| 2026-03-19 | 20.21% |
| 2026-03-18 | 20.21% |
| 2026-03-17 | 20.21% |
| 2026-03-16 | 20.21% |
| 2026-03-13 | 20.21% |
| 2026-03-12 | 20.21% |
| 2026-03-11 | 20.21% |
| 2026-03-10 | 20.21% |
| 2026-03-09 | 20.21% |
| 2026-03-06 | 20.21% |
| 2026-03-05 | 20.21% |
| 2026-03-04 | 20.21% |
| 2026-03-03 | 20.21% |
| 2026-03-02 | 20.21% |
| 2026-02-27 | 20.21% |
| 2026-02-26 | 20.21% |
| 2026-02-25 | 20.21% |
| 2026-02-24 | 20.21% |
| 2026-02-23 | 20.21% |
| 2026-02-20 | 21.00% |
| 2026-02-19 | 21.00% |
| 2026-02-18 | 21.01% |
| 2026-02-17 | 21.01% |
| 2026-02-13 | 21.00% |
| 2026-02-12 | 21.01% |
| 2026-02-11 | 21.01% |
| 2026-02-10 | 21.00% |
| 2026-02-09 | 21.01% |
| 2026-02-06 | 21.01% |
| 2026-02-05 | 21.00% |
| 2026-02-04 | 21.01% |
| 2026-02-03 | 21.00% |
| 2026-02-02 | 21.00% |
| 2026-01-30 | 21.01% |
| 2026-01-29 | 21.01% |
| 2026-01-28 | 21.01% |
| 2026-01-27 | 21.01% |
| 2026-01-26 | 21.01% |
| 2026-01-23 | 21.01% |
| 2026-01-22 | 21.00% |
| 2026-01-21 | 21.01% |
| 2026-01-20 | 21.01% |
| 2026-01-16 | 21.00% |
| 2026-01-15 | 21.01% |
| 2026-01-14 | 21.01% |
| 2026-01-13 | 21.01% |
| 2026-01-12 | 21.01% |
| 2026-01-09 | 21.01% |
| 2026-01-08 | 21.00% |
| 2026-01-07 | 21.01% |
| 2026-01-06 | 21.01% |
| 2026-01-05 | 21.01% |
| 2026-01-02 | 21.01% |
| 2025-12-31 | 21.01% |
| 2025-12-30 | 21.01% |
| 2025-12-29 | 21.00% |
| 2025-12-26 | 21.01% |
| 2025-12-24 | 40.05% |
| 2025-12-23 | 40.04% |
| 2025-12-22 | 19.03% |
| 2025-12-19 | 19.04% |
| 2025-12-18 | 19.04% |
| 2025-12-17 | 19.04% |
| 2025-12-16 | 19.04% |
| 2025-12-15 | 19.04% |
| 2025-12-12 | 19.04% |
| 2025-12-11 | 19.04% |
| 2025-12-10 | 19.04% |
| 2025-12-09 | 19.04% |
| 2025-12-08 | 19.04% |
| 2025-12-05 | 19.04% |
| 2025-12-04 | 19.04% |
| 2025-12-03 | 19.04% |
| 2025-12-02 | 19.04% |
| 2025-12-01 | 19.03% |
| 2025-11-28 | 19.04% |
| 2025-11-26 | 19.04% |
| 2025-11-25 | 19.03% |
| 2025-11-24 | 19.04% |
| 2025-11-21 | 19.04% |
| 2025-11-20 | 19.04% |
| 2025-11-19 | 19.04% |
| 2025-11-18 | 19.04% |
| 2025-11-17 | 19.04% |
| 2025-11-14 | 19.04% |
| 2025-11-13 | 19.04% |
| 2025-11-12 | 19.04% |
| 2025-11-11 | 19.04% |
| 2025-11-10 | 19.04% |
| 2025-11-07 | 19.04% |
| 2025-11-06 | 19.04% |
| 2025-11-05 | 19.04% |
| 2025-11-04 | 19.04% |
| 2025-11-03 | 19.03% |
| 2025-10-31 | 19.03% |
| 2025-10-30 | 19.04% |
| 2025-10-29 | 19.04% |
| 2025-10-28 | 19.04% |
| 2025-10-27 | 19.04% |
| 2025-10-24 | 19.03% |
| 2025-10-23 | 19.04% |
| 2025-10-22 | 19.04% |
| 2025-10-21 | 19.95% |
| 2025-10-20 | 19.95% |
| 2025-10-17 | 19.95% |
| 2025-10-16 | 19.95% |
| 2025-10-15 | 19.95% |
| 2025-10-14 | 19.95% |
| 2025-10-13 | 19.95% |
| 2025-10-10 | 19.95% |
| 2025-10-09 | 19.95% |
| 2025-10-08 | 19.95% |
| 2025-10-07 | 19.95% |
| 2025-10-06 | 19.95% |
| 2025-10-03 | 19.95% |
| 2025-10-02 | 19.96% |
| 2025-10-01 | 19.96% |
| 2025-09-30 | 19.96% |
| 2025-09-29 | 19.95% |
| 2025-09-26 | 19.95% |
| 2025-09-25 | 19.95% |
| 2025-09-24 | 19.96% |
| 2025-09-23 | 19.96% |
Showing the most recent 260 of 2,653 data points. The chart above shows the full history.
| $0.58 |
| 22.1% |
| 2019-12-31 | $2.48 | $0.52 | 21.0% |
| 2018-12-31 | $2.44 | $0.47 | 19.3% |
| 2017-12-31 | $2.81 | $0.42 | 14.9% |
| 2016-12-31 | $1.76 | $0.38 | 21.6% |
| 2015-12-31 | $1.92 | $0.34 | 17.7% |
| 2014-12-31 | $1.71 | $0.30 | 17.5% |
| 2013-12-31 | $1.51 | $0.26 | 17.2% |
| 2012-12-31 | $1.36 | $0.22 | 16.2% |
| 2011-12-31 | $1.36 | $0.18 | 13.2% |
| 2010-12-31 | $1.19 | $0.15 | 12.6% |
| 2009-12-31 | $0.98 | $0.07 | 7.5% |
| 2008-12-31 | $0.71 | $0.07 | 10.3% |
| 2007-12-31 | $0.61 | $0.07 | 12.0% |
| 2006-12-31 | $0.47 | $0.04 | 8.5% |
| 2005-12-31 | $0.42 | $0.03 | 6.3% |
| 2004-12-31 | $0.32 | $0.02 | 5.6% |
| 2003-12-31 | $0.23 | $0.02 | 6.9% |
| 2002-12-31 | $0.31 | $0.02 | 5.1% |
| 2001-12-31 | $0.22 | $0.01 | 5.8% |
| 2000-12-31 | $0.16 | $0.01 | 7.4% |
| 1999-12-31 | $0.13 | $0.01 | 7.6% |
| 1998-12-31 | $0.12 | $0.01 | 5.4% |
| 1997-12-31 | $0.11 | $0.01 | 6.0% |
| 1996-12-31 | $0.08 | $0.01 | 7.4% |
