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 41.77% is 22% below its 5-year average of 53.45%, near the low end of its 5-year range (31.34%–69.63%).
As of Tuesday, August 4, 2026. 7.42% below its 12-month average of 45.12%.
Dividend Payout Ratio (41.77%) = TTM Dividends/Share ($3.90) / TTM EPS ($9.34)
DIVIDEND PAYOUT RATIO
41.77%
DIVIDEND PAYOUT RATIO AVG TTM
45.12%
DIVIDEND PAYOUT RATIO AVG 3Y
53.30%
DIVIDEND PAYOUT RATIO AVG 5Y
54.76%
DIVIDEND PAYOUT RATIO AVG 10Y
51.65%
DIVIDEND PAYOUT RATIO AVG 15Y
50.46%
DIVIDEND PAYOUT RATIO AVG 20Y
49.77%
CURRENT VS TTM AVG
-7.42%
CURRENT VS 3Y AVG
-21.64%
CURRENT VS 5Y AVG
-23.73%
CURRENT VS 10Y AVG
-19.14%
CURRENT VS 15Y AVG
-17.24%
CURRENT VS 20Y AVG
-16.09%
| Year | EPS | Dividend | Payout Ratio |
|---|---|---|---|
| 2026 | $9.67 | $1.95 | 20.2% |
| 2025 | $7.17 | $3.71 | 51.7% |
| 2024 | $5.93 | $3.36 | 56.7% |
| 2023 | $5.36 | $3.05 | 56.9% |
| 2022 | $4.62 | $2.73 | 59.1% |
| 2021 | $4.73 | $2.43 |
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 | 41.77% |
| 2026-07-31 | 41.75% |
| 2026-07-30 | 41.75% |
| 2026-07-29 | 41.74% |
| 2026-07-28 | 41.77% |
| 2026-07-27 | 41.76% |
| 2026-07-24 | 41.74% |
| 2026-07-23 | 41.75% |
| 2026-07-22 | 41.75% |
| 2026-07-21 | 41.77% |
| 2026-07-20 | 41.75% |
| 2026-07-17 | 41.76% |
| 2026-07-16 | 41.76% |
| 2026-07-15 | 41.75% |
| 2026-07-14 | 41.75% |
| 2026-07-13 | 41.75% |
| 2026-07-10 | 41.76% |
| 2026-07-09 | 41.75% |
| 2026-07-08 | 41.77% |
| 2026-07-07 | 41.76% |
| 2026-07-06 | 41.76% |
| 2026-07-02 | 41.75% |
| 2026-07-01 | 41.76% |
| 2026-06-30 | 41.75% |
| 2026-06-29 | 41.75% |
| 2026-06-26 | 41.76% |
| 2026-06-25 | 41.76% |
| 2026-06-24 | 41.76% |
| 2026-06-23 | 41.77% |
| 2026-06-22 | 41.74% |
| 2026-06-18 | 41.75% |
| 2026-06-17 | 41.76% |
| 2026-06-16 | 41.74% |
| 2026-06-15 | 41.76% |
| 2026-06-12 | 41.75% |
| 2026-06-11 | 40.74% |
| 2026-06-10 | 40.74% |
| 2026-06-09 | 40.73% |
| 2026-06-08 | 40.74% |
| 2026-06-05 | 40.73% |
| 2026-06-04 | 40.74% |
| 2026-06-03 | 40.75% |
| 2026-06-02 | 40.75% |
| 2026-06-01 | 40.75% |
| 2026-05-29 | 40.74% |
| 2026-05-28 | 40.74% |
| 2026-05-27 | 40.74% |
| 2026-05-26 | 40.73% |
| 2026-05-22 | 40.73% |
| 2026-05-21 | 40.73% |
| 2026-05-20 | 40.73% |
| 2026-05-19 | 40.74% |
| 2026-05-18 | 40.75% |
| 2026-05-15 | 40.74% |
| 2026-05-14 | 40.74% |
| 2026-05-13 | 40.74% |
| 2026-05-12 | 40.74% |
| 2026-05-11 | 40.75% |
| 2026-05-08 | 40.75% |
| 2026-05-07 | 40.74% |
| 2026-05-06 | 40.73% |
| 2026-05-05 | 40.74% |
| 2026-05-04 | 40.73% |
| 2026-05-01 | 40.73% |
| 2026-04-30 | 40.75% |
| 2026-04-29 | 42.13% |
| 2026-04-28 | 42.14% |
| 2026-04-27 | 42.15% |
| 2026-04-24 | 42.13% |
| 2026-04-23 | 42.14% |
| 2026-04-22 | 42.14% |
| 2026-04-21 | 42.15% |
| 2026-04-20 | 42.14% |
| 2026-04-17 | 42.13% |
| 2026-04-16 | 42.15% |
| 2026-04-15 | 42.14% |
| 2026-04-14 | 42.13% |
| 2026-04-13 | 42.15% |
| 2026-04-10 | 42.15% |
| 2026-04-09 | 42.13% |
| 2026-04-08 | 42.15% |
| 2026-04-07 | 42.14% |
| 2026-04-06 | 42.13% |
| 2026-04-02 | 42.13% |
| 2026-04-01 | 42.15% |
| 2026-03-31 | 42.13% |
| 2026-03-30 | 42.14% |
| 2026-03-27 | 42.13% |
| 2026-03-26 | 42.14% |
| 2026-03-25 | 42.14% |
| 2026-03-24 | 42.13% |
| 2026-03-23 | 42.14% |
| 2026-03-20 | 42.14% |
| 2026-03-19 | 42.13% |
| 2026-03-18 | 42.13% |
| 2026-03-17 | 42.13% |
| 2026-03-16 | 42.14% |
| 2026-03-13 | 31.34% |
| 2026-03-12 | 41.08% |
| 2026-03-11 | 41.09% |
| 2026-03-10 | 41.09% |
| 2026-03-09 | 41.08% |
| 2026-03-06 | 41.08% |
| 2026-03-05 | 41.09% |
| 2026-03-04 | 41.08% |
| 2026-03-03 | 41.09% |
| 2026-03-02 | 41.08% |
| 2026-02-27 | 41.08% |
| 2026-02-26 | 41.08% |
| 2026-02-25 | 41.09% |
| 2026-02-24 | 41.09% |
| 2026-02-23 | 41.08% |
| 2026-02-20 | 41.08% |
| 2026-02-19 | 41.08% |
| 2026-02-18 | 41.09% |
| 2026-02-17 | 41.08% |
| 2026-02-13 | 41.09% |
| 2026-02-12 | 41.09% |
| 2026-02-11 | 41.07% |
| 2026-02-10 | 41.08% |
| 2026-02-09 | 41.09% |
| 2026-02-06 | 41.10% |
| 2026-02-05 | 41.08% |
| 2026-02-04 | 41.08% |
| 2026-02-03 | 41.08% |
| 2026-02-02 | 47.51% |
| 2026-01-30 | 47.51% |
| 2026-01-29 | 47.50% |
| 2026-01-28 | 47.50% |
| 2026-01-27 | 47.50% |
| 2026-01-26 | 47.50% |
| 2026-01-23 | 47.50% |
| 2026-01-22 | 47.50% |
| 2026-01-21 | 47.51% |
| 2026-01-20 | 47.51% |
| 2026-01-16 | 47.49% |
| 2026-01-15 | 47.51% |
| 2026-01-14 | 47.50% |
| 2026-01-13 | 47.50% |
| 2026-01-12 | 47.51% |
| 2026-01-09 | 47.50% |
| 2026-01-08 | 47.50% |
| 2026-01-07 | 47.50% |
| 2026-01-06 | 47.51% |
| 2026-01-05 | 47.50% |
| 2026-01-02 | 47.50% |
| 2025-12-31 | 47.50% |
| 2025-12-30 | 47.50% |
| 2025-12-29 | 47.50% |
| 2025-12-26 | 47.51% |
| 2025-12-24 | 47.50% |
| 2025-12-23 | 47.50% |
| 2025-12-22 | 47.50% |
| 2025-12-19 | 47.50% |
| 2025-12-18 | 47.51% |
| 2025-12-17 | 47.50% |
| 2025-12-16 | 47.51% |
| 2025-12-15 | 47.50% |
| 2025-12-12 | 58.78% |
| 2025-12-11 | 46.28% |
| 2025-12-10 | 46.28% |
| 2025-12-09 | 46.29% |
| 2025-12-08 | 46.28% |
| 2025-12-05 | 46.29% |
| 2025-12-04 | 46.28% |
| 2025-12-03 | 46.29% |
| 2025-12-02 | 46.28% |
| 2025-12-01 | 46.29% |
| 2025-11-28 | 46.28% |
| 2025-11-26 | 46.29% |
| 2025-11-25 | 46.28% |
| 2025-11-24 | 46.29% |
| 2025-11-21 | 46.28% |
| 2025-11-20 | 46.29% |
| 2025-11-19 | 46.29% |
| 2025-11-18 | 46.28% |
| 2025-11-17 | 46.29% |
| 2025-11-14 | 46.28% |
| 2025-11-13 | 46.29% |
| 2025-11-12 | 46.29% |
| 2025-11-11 | 46.29% |
| 2025-11-10 | 46.28% |
| 2025-11-07 | 46.29% |
| 2025-11-06 | 46.29% |
| 2025-11-05 | 46.29% |
| 2025-11-04 | 46.29% |
| 2025-11-03 | 50.99% |
| 2025-10-31 | 50.99% |
| 2025-10-30 | 50.99% |
| 2025-10-29 | 50.98% |
| 2025-10-28 | 50.98% |
| 2025-10-27 | 50.99% |
| 2025-10-24 | 50.98% |
| 2025-10-23 | 50.99% |
| 2025-10-22 | 50.99% |
| 2025-10-21 | 50.99% |
| 2025-10-20 | 50.99% |
| 2025-10-17 | 50.99% |
| 2025-10-16 | 50.99% |
| 2025-10-15 | 50.99% |
| 2025-10-14 | 50.99% |
| 2025-10-13 | 50.99% |
| 2025-10-10 | 50.98% |
| 2025-10-09 | 50.99% |
| 2025-10-08 | 50.99% |
| 2025-10-07 | 50.98% |
| 2025-10-06 | 50.99% |
| 2025-10-03 | 50.98% |
| 2025-10-02 | 50.99% |
| 2025-10-01 | 50.99% |
| 2025-09-30 | 50.98% |
| 2025-09-29 | 50.99% |
| 2025-09-26 | 50.99% |
| 2025-09-25 | 50.99% |
| 2025-09-24 | 50.99% |
| 2025-09-23 | 50.98% |
| 2025-09-22 | 50.99% |
| 2025-09-19 | 50.99% |
| 2025-09-18 | 50.98% |
| 2025-09-17 | 50.98% |
| 2025-09-16 | 50.98% |
| 2025-09-15 | 50.99% |
| 2025-09-12 | 50.99% |
| 2025-09-11 | 63.40% |
| 2025-09-10 | 49.65% |
| 2025-09-09 | 49.65% |
| 2025-09-08 | 49.64% |
| 2025-09-05 | 49.64% |
| 2025-09-04 | 49.65% |
| 2025-09-03 | 49.65% |
| 2025-09-02 | 49.65% |
| 2025-08-29 | 49.64% |
| 2025-08-28 | 49.65% |
| 2025-08-27 | 49.65% |
| 2025-08-26 | 49.65% |
| 2025-08-25 | 49.64% |
| 2025-08-22 | 49.65% |
| 2025-08-21 | 49.65% |
| 2025-08-20 | 49.64% |
| 2025-08-19 | 49.64% |
| 2025-08-18 | 49.65% |
| 2025-08-15 | 49.65% |
| 2025-08-14 | 49.64% |
| 2025-08-13 | 49.65% |
| 2025-08-12 | 49.64% |
| 2025-08-11 | 49.65% |
| 2025-08-08 | 49.65% |
| 2025-08-07 | 49.65% |
| 2025-08-06 | 49.64% |
| 2025-08-05 | 49.64% |
| 2025-08-04 | 52.93% |
| 2025-08-01 | 52.93% |
| 2025-07-31 | 52.93% |
| 2025-07-30 | 52.93% |
| 2025-07-29 | 52.93% |
| 2025-07-28 | 52.94% |
| 2025-07-25 | 52.93% |
| 2025-07-24 | 52.93% |
| 2025-07-23 | 52.94% |
| 2025-07-22 | 52.94% |
Showing the most recent 260 of 4,815 data points. The chart above shows the full history.
| 51.4% |
| 2020 | $4.03 | $2.23 | 55.3% |
| 2019 | $4.16 | $2.05 | 49.3% |
| 2018 | $3.66 | $1.70 | 46.4% |
| 2017 | $2.77 | $1.39 | 50.2% |
| 2016 | $2.60 | $1.26 | 48.5% |
| 2015 | $2.39 | $1.14 | 47.7% |
| 2014 | $2.20 | $0.96 | 43.6% |
| 2013 | $1.74 | $0.78 | 44.8% |
| 2012 | $1.00 | $0.68 | 68.0% |
| 2011 | $1.36 | $0.62 | 45.6% |
| 2010 | $1.40 | $0.58 | 41.4% |
| 2009 | $1.60 | $0.42 | 26.3% |
| 2008 | $1.38 | $0.26 | 18.8% |
| 2007 | $1.42 | $0.18 | 12.7% |
| 2006 | $1.20 | $0.00 | 0.0% |
| 2005 | $0.00 | $0.00 | N/A (Loss) |
