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 97.76% is in line with its 5-year average of 101.38%, around the middle of its 5-year range (29.87%–246.18%).
As of Tuesday, July 28, 2026. 36.86% below its 12-month average of 154.83%.
Dividend Payout Ratio (97.76%) = TTM Dividends/Share ($1.31) / TTM EPS ($1.34)
DIVIDEND PAYOUT RATIO
97.76%
DIVIDEND PAYOUT RATIO AVG TTM
154.83%
DIVIDEND PAYOUT RATIO AVG 3Y
130.12%
DIVIDEND PAYOUT RATIO AVG 5Y
101.38%
DIVIDEND PAYOUT RATIO AVG 10Y
65.69%
DIVIDEND PAYOUT RATIO AVG 15Y
39.73%
DIVIDEND PAYOUT RATIO AVG 20Y
30.66%
CURRENT VS TTM AVG
-36.86%
CURRENT VS 3Y AVG
-24.87%
CURRENT VS 5Y AVG
-3.57%
CURRENT VS 10Y AVG
+48.82%
CURRENT VS 15Y AVG
+146.06%
CURRENT VS 20Y AVG
+218.86%
| Year | EPS | Dividend | Payout Ratio |
|---|---|---|---|
| 2025 | $0.91 | $1.29 | 141.8% |
| 2024 | $0.85 | $1.56 | 183.5% |
| 2023 | $1.72 | $0.90 | 52.3% |
| 2022 | $2.53 | $1.17 | 46.2% |
| 2021 | $3.58 | $1.13 | 31.6% |
| 2020 | $1.59 | $1.09 |
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 |
|---|---|
| 2026-07-27 | 97.76% |
| 2026-07-24 | 97.78% |
| 2026-07-23 | 97.77% |
| 2026-07-22 | 97.74% |
| 2026-07-21 | 97.76% |
| 2026-07-20 | 97.75% |
| 2026-07-17 | 97.76% |
| 2026-07-16 | 97.75% |
| 2026-07-15 | 97.77% |
| 2026-07-14 | 97.76% |
| 2026-07-13 | 97.76% |
| 2026-07-10 | 97.76% |
| 2026-07-09 | 97.74% |
| 2026-07-08 | 97.76% |
| 2026-07-07 | 97.75% |
| 2026-07-06 | 97.76% |
| 2026-07-02 | 97.78% |
| 2026-07-01 | 97.77% |
| 2026-06-30 | 97.77% |
| 2026-06-29 | 97.75% |
| 2026-06-26 | 97.00% |
| 2026-06-25 | 97.03% |
| 2026-06-24 | 97.03% |
| 2026-06-23 | 97.03% |
| 2026-06-22 | 97.01% |
| 2026-06-18 | 97.00% |
| 2026-06-17 | 97.00% |
| 2026-06-16 | 97.01% |
| 2026-06-15 | 97.01% |
| 2026-06-12 | 97.02% |
| 2026-06-11 | 97.02% |
| 2026-06-10 | 97.02% |
| 2026-06-09 | 97.01% |
| 2026-06-08 | 97.03% |
| 2026-06-05 | 97.01% |
| 2026-06-04 | 97.02% |
| 2026-06-03 | 97.00% |
| 2026-06-02 | 97.00% |
| 2026-06-01 | 97.02% |
| 2026-05-29 | 97.02% |
| 2026-05-28 | 97.01% |
| 2026-05-27 | 97.00% |
| 2026-05-26 | 97.00% |
| 2026-05-22 | 97.02% |
| 2026-05-21 | 97.02% |
| 2026-05-20 | 97.00% |
| 2026-05-19 | 97.03% |
| 2026-05-18 | 97.02% |
| 2026-05-15 | 97.00% |
| 2026-05-14 | 97.01% |
| 2026-05-13 | 97.01% |
| 2026-05-12 | 97.01% |
| 2026-05-11 | 97.00% |
| 2026-05-08 | 97.01% |
| 2026-05-07 | 97.03% |
| 2026-05-06 | 97.00% |
| 2026-05-05 | 97.01% |
| 2026-05-04 | 97.00% |
| 2026-05-01 | 97.02% |
| 2026-04-30 | 97.03% |
| 2026-04-29 | 97.03% |
| 2026-04-28 | 97.04% |
| 2026-04-27 | 120.38% |
| 2026-04-24 | 120.37% |
| 2026-04-23 | 120.35% |
| 2026-04-22 | 120.35% |
| 2026-04-21 | 120.36% |
| 2026-04-20 | 120.39% |
| 2026-04-17 | 120.37% |
| 2026-04-16 | 120.35% |
| 2026-04-15 | 120.38% |
| 2026-04-14 | 120.36% |
| 2026-04-13 | 120.38% |
| 2026-04-10 | 120.35% |
| 2026-04-09 | 120.40% |
| 2026-04-08 | 120.39% |
| 2026-04-07 | 120.38% |
| 2026-04-06 | 120.39% |
| 2026-04-02 | 120.39% |
| 2026-04-01 | 120.36% |
| 2026-03-31 | 120.37% |
| 2026-03-30 | 119.43% |
| 2026-03-27 | 119.42% |
| 2026-03-26 | 119.43% |
| 2026-03-25 | 119.44% |
| 2026-03-24 | 119.46% |
| 2026-03-23 | 119.45% |
| 2026-03-20 | 119.43% |
| 2026-03-19 | 119.43% |
| 2026-03-18 | 119.46% |
| 2026-03-17 | 119.46% |
| 2026-03-16 | 119.43% |
| 2026-03-13 | 119.43% |
| 2026-03-12 | 119.45% |
| 2026-03-11 | 119.44% |
| 2026-03-10 | 119.43% |
| 2026-03-09 | 119.44% |
| 2026-03-06 | 119.46% |
| 2026-03-05 | 119.46% |
| 2026-03-04 | 119.44% |
| 2026-03-03 | 119.46% |
| 2026-03-02 | 119.44% |
| 2026-02-27 | 119.42% |
| 2026-02-26 | 119.45% |
| 2026-02-25 | 119.44% |
| 2026-02-24 | 119.44% |
| 2026-02-23 | 119.42% |
| 2026-02-20 | 119.44% |
| 2026-02-19 | 119.43% |
| 2026-02-18 | 119.43% |
| 2026-02-17 | 119.43% |
| 2026-02-13 | 119.46% |
| 2026-02-12 | 119.43% |
| 2026-02-11 | 119.45% |
| 2026-02-10 | 119.43% |
| 2026-02-09 | 119.45% |
| 2026-02-06 | 119.47% |
| 2026-02-05 | 119.46% |
| 2026-02-04 | 119.45% |
| 2026-02-03 | 119.44% |
| 2026-02-02 | 119.42% |
| 2026-01-30 | 119.45% |
| 2026-01-29 | 141.76% |
| 2026-01-28 | 141.77% |
| 2026-01-27 | 141.75% |
| 2026-01-26 | 141.77% |
| 2026-01-23 | 141.74% |
| 2026-01-22 | 141.76% |
| 2026-01-21 | 141.76% |
| 2026-01-20 | 141.78% |
| 2026-01-16 | 141.75% |
| 2026-01-15 | 141.77% |
| 2026-01-14 | 141.73% |
| 2026-01-13 | 141.76% |
| 2026-01-12 | 141.78% |
| 2026-01-09 | 141.77% |
| 2026-01-08 | 141.77% |
| 2026-01-07 | 141.77% |
| 2026-01-06 | 141.74% |
| 2026-01-05 | 141.75% |
| 2026-01-02 | 141.74% |
| 2025-12-31 | 141.74% |
| 2025-12-30 | 141.76% |
| 2025-12-29 | 140.65% |
| 2025-12-26 | 140.65% |
| 2025-12-24 | 140.65% |
| 2025-12-23 | 140.65% |
| 2025-12-22 | 140.65% |
| 2025-12-19 | 140.64% |
| 2025-12-18 | 140.64% |
| 2025-12-17 | 140.65% |
| 2025-12-16 | 140.65% |
| 2025-12-15 | 140.68% |
| 2025-12-12 | 140.65% |
| 2025-12-11 | 140.65% |
| 2025-12-10 | 140.68% |
| 2025-12-09 | 140.66% |
| 2025-12-08 | 140.68% |
| 2025-12-05 | 140.64% |
| 2025-12-04 | 140.67% |
| 2025-12-03 | 140.68% |
| 2025-12-02 | 140.67% |
| 2025-12-01 | 140.66% |
| 2025-11-28 | 140.64% |
| 2025-11-26 | 140.67% |
| 2025-11-25 | 140.65% |
| 2025-11-24 | 140.67% |
| 2025-11-21 | 140.63% |
| 2025-11-20 | 140.63% |
| 2025-11-19 | 140.66% |
| 2025-11-18 | 140.66% |
| 2025-11-17 | 140.65% |
| 2025-11-14 | 140.64% |
| 2025-11-13 | 140.63% |
| 2025-11-12 | 140.66% |
| 2025-11-11 | 140.68% |
| 2025-11-10 | 140.67% |
| 2025-11-07 | 246.15% |
| 2025-11-06 | 246.15% |
| 2025-11-05 | 246.16% |
| 2025-11-04 | 246.14% |
| 2025-11-03 | 246.14% |
| 2025-10-31 | 246.15% |
| 2025-10-30 | 246.16% |
| 2025-10-29 | 246.18% |
| 2025-10-28 | 246.17% |
| 2025-10-27 | 246.15% |
| 2025-10-24 | 246.14% |
| 2025-10-23 | 246.18% |
| 2025-10-22 | 246.14% |
| 2025-10-21 | 246.17% |
| 2025-10-20 | 246.17% |
| 2025-10-17 | 246.18% |
| 2025-10-16 | 246.15% |
| 2025-10-15 | 246.17% |
| 2025-10-14 | 246.17% |
| 2025-10-13 | 246.14% |
| 2025-10-10 | 246.18% |
| 2025-10-09 | 246.14% |
| 2025-10-08 | 246.18% |
| 2025-10-07 | 246.15% |
| 2025-10-06 | 246.17% |
| 2025-10-03 | 246.16% |
| 2025-10-02 | 246.17% |
| 2025-10-01 | 246.18% |
| 2025-09-30 | 246.15% |
| 2025-09-29 | 244.22% |
| 2025-09-26 | 244.23% |
| 2025-09-25 | 244.23% |
| 2025-09-24 | 244.25% |
| 2025-09-23 | 244.22% |
| 2025-09-22 | 244.25% |
| 2025-09-19 | 244.22% |
| 2025-09-18 | 244.21% |
| 2025-09-17 | 244.24% |
| 2025-09-16 | 244.25% |
| 2025-09-15 | 244.25% |
| 2025-09-12 | 244.21% |
| 2025-09-11 | 244.24% |
| 2025-09-10 | 244.23% |
| 2025-09-09 | 244.23% |
| 2025-09-08 | 244.25% |
| 2025-09-05 | 244.23% |
| 2025-09-04 | 244.23% |
| 2025-09-03 | 244.25% |
| 2025-09-02 | 244.21% |
| 2025-08-29 | 244.25% |
| 2025-08-28 | 244.25% |
| 2025-08-27 | 244.24% |
| 2025-08-26 | 244.21% |
| 2025-08-25 | 244.23% |
| 2025-08-22 | 244.25% |
| 2025-08-21 | 244.21% |
| 2025-08-20 | 244.23% |
| 2025-08-19 | 244.23% |
| 2025-08-18 | 244.22% |
| 2025-08-15 | 244.22% |
| 2025-08-14 | 244.24% |
| 2025-08-13 | 244.24% |
| 2025-08-12 | 244.21% |
| 2025-08-11 | 244.21% |
| 2025-08-08 | 244.24% |
| 2025-08-07 | 244.24% |
| 2025-08-06 | 244.22% |
| 2025-08-05 | 244.24% |
| 2025-08-04 | 244.25% |
| 2025-08-01 | 244.24% |
| 2025-07-31 | 184.04% |
| 2025-07-30 | 184.05% |
| 2025-07-29 | 184.04% |
| 2025-07-28 | 184.04% |
| 2025-07-25 | 184.05% |
| 2025-07-24 | 184.08% |
| 2025-07-23 | 184.06% |
| 2025-07-22 | 184.04% |
| 2025-07-21 | 184.07% |
| 2025-07-18 | 184.05% |
| 2025-07-17 | 184.08% |
| 2025-07-16 | 184.06% |
| 2025-07-15 | 184.08% |
Showing the most recent 260 of 2,653 data points. The chart above shows the full history.
| 68.6% |
| 2019 | $2.35 | $1.05 | 44.7% |
| 2018 | $1.42 | $0.72 | 50.7% |
| 2017 | $3.01 | $0.83 | 27.6% |
| 2016 | $2.94 | $0.74 | 25.2% |
| 2015 | $3.29 | $0.63 | 19.1% |
| 2014 | $3.79 | $1.01 | 26.6% |
| 2013 | $3.37 | $0.41 | 12.3% |
| 2012 | $2.99 | $0.37 | 12.3% |
| 2011 | $2.89 | $0.25 | 8.7% |
| 2010 | $2.12 | $0.30 | 14.3% |
| 2009 | $1.30 | $0.28 | 21.8% |
| 2008 | $2.24 | $0.27 | 12.1% |
| 2007 | $2.37 | $0.22 | 9.1% |
| 2006 | $1.66 | $0.17 | 10.2% |
| 2005 | $1.41 | $0.11 | 7.6% |
| 2004 | $0.95 | $0.12 | 12.5% |
| 2003 | $0.66 | $0.10 | 15.7% |
| 2002 | $0.55 | $0.09 | 17.3% |
| 2001 | $0.64 | $0.07 | 11.6% |
| 2000 | $0.76 | $0.08 | 10.7% |
| 1999 | $0.56 | $0.08 | 13.5% |
| 1998 | $0.66 | $0.07 | 10.4% |
| 1997 | $0.57 | $0.06 | 10.5% |
| 1996 | $0.42 | $0.05 | 11.9% |