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 60.92% is 28% above its 5-year average of 47.68%, near the high end of its 5-year range (31.57%–66.59%).
As of Monday, July 27, 2026. 16.77% above its 12-month average of 52.17%.
Dividend Payout Ratio (60.92%) = TTM Dividends/Share ($0.92) / TTM EPS ($1.51)
DIVIDEND PAYOUT RATIO
60.92%
DIVIDEND PAYOUT RATIO AVG TTM
52.17%
DIVIDEND PAYOUT RATIO AVG 3Y
49.16%
DIVIDEND PAYOUT RATIO AVG 5Y
47.68%
DIVIDEND PAYOUT RATIO AVG 10Y
42.71%
DIVIDEND PAYOUT RATIO AVG 15Y
41.37%
DIVIDEND PAYOUT RATIO AVG 20Y
39.92%
CURRENT VS TTM AVG
+16.77%
CURRENT VS 3Y AVG
+23.93%
CURRENT VS 5Y AVG
+27.78%
CURRENT VS 10Y AVG
+42.64%
CURRENT VS 15Y AVG
+47.27%
CURRENT VS 20Y AVG
+52.61%
| Year | EPS | Dividend | Payout Ratio |
|---|---|---|---|
| 2026 | $1.53 | $0.46 | 30.2% |
| 2025 | $1.84 | $0.91 | 49.6% |
| 2024 | $2.15 | $0.88 | 40.9% |
| 2023 | $1.63 | $0.83 | 51.2% |
| 2022 | $1.75 | $0.77 | 44.1% |
| 2021 | $1.89 | $0.73 |
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 |
|---|---|
| 2026-07-24 | 60.92% |
| 2026-07-23 | 60.93% |
| 2026-07-22 | 60.93% |
| 2026-07-21 | 60.93% |
| 2026-07-20 | 60.93% |
| 2026-07-17 | 60.93% |
| 2026-07-16 | 60.92% |
| 2026-07-15 | 60.92% |
| 2026-07-14 | 60.92% |
| 2026-07-13 | 60.91% |
| 2026-07-10 | 60.92% |
| 2026-07-09 | 60.92% |
| 2026-07-08 | 60.92% |
| 2026-07-07 | 60.93% |
| 2026-07-06 | 60.92% |
| 2026-07-02 | 60.91% |
| 2026-07-01 | 60.94% |
| 2026-06-30 | 60.93% |
| 2026-06-29 | 60.94% |
| 2026-06-26 | 60.94% |
| 2026-06-25 | 60.92% |
| 2026-06-24 | 60.93% |
| 2026-06-23 | 60.93% |
| 2026-06-22 | 60.92% |
| 2026-06-18 | 60.92% |
| 2026-06-17 | 60.91% |
| 2026-06-16 | 60.92% |
| 2026-06-15 | 60.92% |
| 2026-06-12 | 60.94% |
| 2026-06-11 | 54.10% |
| 2026-06-10 | 54.13% |
| 2026-06-09 | 40.52% |
| 2026-06-08 | 53.87% |
| 2026-06-05 | 53.89% |
| 2026-06-04 | 53.90% |
| 2026-06-03 | 53.86% |
| 2026-06-02 | 53.88% |
| 2026-06-01 | 53.88% |
| 2026-05-29 | 53.88% |
| 2026-05-28 | 53.88% |
| 2026-05-27 | 53.89% |
| 2026-05-26 | 53.88% |
| 2026-05-22 | 53.88% |
| 2026-05-21 | 53.89% |
| 2026-05-20 | 53.87% |
| 2026-05-19 | 53.89% |
| 2026-05-18 | 53.88% |
| 2026-05-15 | 53.89% |
| 2026-05-14 | 53.89% |
| 2026-05-13 | 53.89% |
| 2026-05-12 | 53.87% |
| 2026-05-11 | 53.87% |
| 2026-05-08 | 53.87% |
| 2026-05-07 | 53.90% |
| 2026-05-06 | 53.88% |
| 2026-05-05 | 53.89% |
| 2026-05-04 | 53.90% |
| 2026-05-01 | 53.88% |
| 2026-04-30 | 53.89% |
| 2026-04-29 | 53.88% |
| 2026-04-28 | 53.88% |
| 2026-04-27 | 53.88% |
| 2026-04-24 | 53.87% |
| 2026-04-23 | 53.90% |
| 2026-04-22 | 53.87% |
| 2026-04-21 | 53.88% |
| 2026-04-20 | 53.88% |
| 2026-04-17 | 53.89% |
| 2026-04-16 | 53.88% |
| 2026-04-15 | 53.87% |
| 2026-04-14 | 53.87% |
| 2026-04-13 | 53.89% |
| 2026-04-10 | 53.89% |
| 2026-04-09 | 53.88% |
| 2026-04-08 | 53.87% |
| 2026-04-07 | 53.89% |
| 2026-04-06 | 53.87% |
| 2026-04-02 | 53.90% |
| 2026-04-01 | 53.87% |
| 2026-03-31 | 53.87% |
| 2026-03-30 | 53.88% |
| 2026-03-27 | 53.87% |
| 2026-03-26 | 53.88% |
| 2026-03-25 | 53.89% |
| 2026-03-24 | 53.88% |
| 2026-03-23 | 53.89% |
| 2026-03-20 | 53.88% |
| 2026-03-19 | 53.88% |
| 2026-03-18 | 53.87% |
| 2026-03-17 | 53.89% |
| 2026-03-16 | 53.90% |
| 2026-03-13 | 53.89% |
| 2026-03-12 | 53.88% |
| 2026-03-11 | 53.89% |
| 2026-03-10 | 53.88% |
| 2026-03-09 | 53.90% |
| 2026-03-06 | 53.65% |
| 2026-03-05 | 53.63% |
| 2026-03-04 | 53.66% |
| 2026-03-03 | 53.33% |
| 2026-03-02 | 53.33% |
| 2026-02-27 | 53.34% |
| 2026-02-26 | 53.32% |
| 2026-02-25 | 53.32% |
| 2026-02-24 | 53.33% |
| 2026-02-23 | 53.33% |
| 2026-02-20 | 53.34% |
| 2026-02-19 | 53.32% |
| 2026-02-18 | 53.32% |
| 2026-02-17 | 53.33% |
| 2026-02-13 | 53.32% |
| 2026-02-12 | 53.35% |
| 2026-02-11 | 53.34% |
| 2026-02-10 | 53.33% |
| 2026-02-09 | 53.33% |
| 2026-02-06 | 53.33% |
| 2026-02-05 | 53.33% |
| 2026-02-04 | 53.34% |
| 2026-02-03 | 53.33% |
| 2026-02-02 | 53.33% |
| 2026-01-30 | 53.35% |
| 2026-01-29 | 53.33% |
| 2026-01-28 | 53.35% |
| 2026-01-27 | 53.32% |
| 2026-01-26 | 53.34% |
| 2026-01-23 | 53.32% |
| 2026-01-22 | 53.32% |
| 2026-01-21 | 53.33% |
| 2026-01-20 | 53.33% |
| 2026-01-16 | 53.34% |
| 2026-01-15 | 53.35% |
| 2026-01-14 | 53.35% |
| 2026-01-13 | 53.34% |
| 2026-01-12 | 53.34% |
| 2026-01-09 | 53.33% |
| 2026-01-08 | 53.32% |
| 2026-01-07 | 53.32% |
| 2026-01-06 | 53.32% |
| 2026-01-05 | 53.32% |
| 2026-01-02 | 53.35% |
| 2025-12-31 | 53.33% |
| 2025-12-30 | 53.34% |
| 2025-12-29 | 53.34% |
| 2025-12-26 | 53.35% |
| 2025-12-24 | 53.35% |
| 2025-12-23 | 53.34% |
| 2025-12-22 | 53.32% |
| 2025-12-19 | 53.34% |
| 2025-12-18 | 53.34% |
| 2025-12-17 | 53.35% |
| 2025-12-16 | 53.32% |
| 2025-12-15 | 53.33% |
| 2025-12-12 | 53.34% |
| 2025-12-11 | 53.34% |
| 2025-12-10 | 53.35% |
| 2025-12-09 | 53.34% |
| 2025-12-08 | 53.33% |
| 2025-12-05 | 66.59% |
| 2025-12-04 | 53.07% |
| 2025-12-03 | 50.70% |
| 2025-12-02 | 50.70% |
| 2025-12-01 | 50.69% |
| 2025-11-28 | 50.70% |
| 2025-11-26 | 50.70% |
| 2025-11-25 | 50.70% |
| 2025-11-24 | 50.70% |
| 2025-11-21 | 50.69% |
| 2025-11-20 | 50.71% |
| 2025-11-19 | 50.69% |
| 2025-11-18 | 50.70% |
| 2025-11-17 | 50.70% |
| 2025-11-14 | 50.70% |
| 2025-11-13 | 50.70% |
| 2025-11-12 | 50.70% |
| 2025-11-11 | 50.69% |
| 2025-11-10 | 50.69% |
| 2025-11-07 | 50.70% |
| 2025-11-06 | 50.69% |
| 2025-11-05 | 50.69% |
| 2025-11-04 | 50.68% |
| 2025-11-03 | 50.70% |
| 2025-10-31 | 50.69% |
| 2025-10-30 | 50.70% |
| 2025-10-29 | 50.71% |
| 2025-10-28 | 50.71% |
| 2025-10-27 | 50.69% |
| 2025-10-24 | 50.68% |
| 2025-10-23 | 50.69% |
| 2025-10-22 | 50.69% |
| 2025-10-21 | 50.69% |
| 2025-10-20 | 50.69% |
| 2025-10-17 | 50.70% |
| 2025-10-16 | 50.70% |
| 2025-10-15 | 50.69% |
| 2025-10-14 | 50.70% |
| 2025-10-13 | 50.68% |
| 2025-10-10 | 50.71% |
| 2025-10-09 | 50.71% |
| 2025-10-08 | 50.71% |
| 2025-10-07 | 50.70% |
| 2025-10-06 | 50.71% |
| 2025-10-03 | 50.71% |
| 2025-10-02 | 50.69% |
| 2025-10-01 | 50.69% |
| 2025-09-30 | 50.70% |
| 2025-09-29 | 50.69% |
| 2025-09-26 | 50.70% |
| 2025-09-25 | 50.70% |
| 2025-09-24 | 50.69% |
| 2025-09-23 | 50.70% |
| 2025-09-22 | 50.69% |
| 2025-09-19 | 50.69% |
| 2025-09-18 | 50.69% |
| 2025-09-17 | 50.69% |
| 2025-09-16 | 50.69% |
| 2025-09-15 | 50.68% |
| 2025-09-12 | 50.70% |
| 2025-09-11 | 50.70% |
| 2025-09-10 | 50.68% |
| 2025-09-09 | 50.70% |
| 2025-09-08 | 50.69% |
| 2025-09-05 | 50.70% |
| 2025-09-04 | 50.68% |
| 2025-09-03 | 50.68% |
| 2025-09-02 | 50.19% |
| 2025-08-29 | 50.20% |
| 2025-08-28 | 50.17% |
| 2025-08-27 | 48.82% |
| 2025-08-26 | 48.81% |
| 2025-08-25 | 48.82% |
| 2025-08-22 | 48.82% |
| 2025-08-21 | 48.81% |
| 2025-08-20 | 48.83% |
| 2025-08-19 | 48.82% |
| 2025-08-18 | 48.83% |
| 2025-08-15 | 48.83% |
| 2025-08-14 | 48.81% |
| 2025-08-13 | 48.83% |
| 2025-08-12 | 48.81% |
| 2025-08-11 | 48.81% |
| 2025-08-08 | 48.81% |
| 2025-08-07 | 48.81% |
| 2025-08-06 | 48.82% |
| 2025-08-05 | 48.82% |
| 2025-08-04 | 48.81% |
| 2025-08-01 | 48.84% |
| 2025-07-31 | 48.82% |
| 2025-07-30 | 48.83% |
| 2025-07-29 | 48.82% |
| 2025-07-28 | 48.83% |
| 2025-07-25 | 48.83% |
| 2025-07-24 | 48.82% |
| 2025-07-23 | 48.81% |
| 2025-07-22 | 48.83% |
| 2025-07-21 | 48.83% |
| 2025-07-18 | 48.83% |
| 2025-07-17 | 48.81% |
| 2025-07-16 | 48.83% |
| 2025-07-15 | 48.82% |
| 2025-07-14 | 48.83% |
Showing the most recent 260 of 2,653 data points. The chart above shows the full history.
| 38.5% |
| 2020 | $1.73 | $0.70 | 40.6% |
| 2019 | $1.74 | $0.67 | 38.6% |
| 2018 | $1.49 | $0.64 | 43.0% |
| 2017 | $1.38 | $0.60 | 43.3% |
| 2016 | $2.10 | $0.55 | 26.4% |
| 2015 | $1.29 | $0.51 | 39.8% |
| 2014 | $1.23 | $0.47 | 38.5% |
| 2013 | $1.11 | $0.42 | 38.0% |
| 2012 | $0.96 | $0.38 | 39.8% |
| 2011 | $1.05 | $0.35 | 33.3% |
| 2010 | $0.81 | $0.51 | 62.6% |
| 2009 | $0.77 | $0.31 | 40.3% |
| 2008 | $0.77 | $0.29 | 38.2% |
| 2007 | $0.68 | $0.27 | 39.2% |
| 2006 | $0.56 | $0.24 | 43.5% |
| 2005 | $0.54 | $0.22 | 40.1% |
| 2004 | $0.43 | $0.19 | 43.9% |
| 2003 | $0.35 | $0.17 | 47.2% |
| 2002 | $0.36 | $0.15 | 42.2% |
| 2001 | $0.36 | $0.14 | 39.7% |
| 2000 | $0.34 | $0.13 | 39.5% |
| 1999 | $0.31 | $0.13 | 41.1% |
| 1998 | $0.28 | $0.12 | 43.2% |
| 1997 | $0.26 | $0.12 | 44.7% |
