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 55.22% is 34% above its 5-year average of 41.26%, near the high end of its 5-year range (25.80%–62.03%).
As of Friday, August 21, 2026. 11.40% above its 12-month average of 49.57%.
Dividend Payout Ratio (55.22%) = TTM Dividends/Share ($3.24) / TTM EPS ($5.86)
DIVIDEND PAYOUT RATIO
55.22%
DIVIDEND PAYOUT RATIO AVG TTM
49.57%
DIVIDEND PAYOUT RATIO AVG 3Y
45.45%
DIVIDEND PAYOUT RATIO AVG 5Y
41.26%
DIVIDEND PAYOUT RATIO AVG 10Y
39.18%
DIVIDEND PAYOUT RATIO AVG 15Y
41.06%
DIVIDEND PAYOUT RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+11.40%
CURRENT VS 3Y AVG
+21.48%
CURRENT VS 5Y AVG
+33.82%
CURRENT VS 10Y AVG
+40.92%
CURRENT VS 15Y AVG
+34.48%
CURRENT VS 20Y AVG
N/A
| Year | EPS | Dividend | Payout Ratio |
|---|---|---|---|
| 2025 | $4.72 | $3.17 | 67.2% |
| 2024 | $1.71 | $2.98 | 174.0% |
| 2023 | ($8.26) | $2.90 | N/A (Loss) |
| 2022 | $3.54 | $2.64 | 74.6% |
| 2021 | $4.02 | $2.94 | 73.2% |
| 2020 | $3.82 | $2.74 |
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 |
|---|---|
| 2026-08-21 | 55.22% |
| 2026-08-20 | 55.20% |
| 2026-08-19 | 55.21% |
| 2026-08-18 | 55.22% |
| 2026-08-17 | 55.23% |
| 2026-08-14 | 55.19% |
| 2026-08-13 | 55.19% |
| 2026-08-12 | 55.23% |
| 2026-08-11 | 55.20% |
| 2026-08-10 | 55.20% |
| 2026-08-07 | 55.20% |
| 2026-08-06 | 55.22% |
| 2026-08-05 | 55.21% |
| 2026-08-04 | 55.24% |
| 2026-08-03 | 55.21% |
| 2026-07-31 | 55.23% |
| 2026-07-30 | 55.19% |
| 2026-07-29 | 50.13% |
| 2026-07-28 | 50.13% |
| 2026-07-27 | 50.13% |
| 2026-07-24 | 50.12% |
| 2026-07-23 | 50.14% |
| 2026-07-22 | 50.12% |
| 2026-07-21 | 50.16% |
| 2026-07-20 | 50.13% |
| 2026-07-17 | 50.16% |
| 2026-07-16 | 50.11% |
| 2026-07-15 | 50.15% |
| 2026-07-14 | 50.16% |
| 2026-07-13 | 50.12% |
| 2026-07-10 | 50.15% |
| 2026-07-09 | 37.28% |
| 2026-07-08 | 37.28% |
| 2026-07-07 | 37.26% |
| 2026-07-06 | 37.28% |
| 2026-07-02 | 37.28% |
| 2026-07-01 | 37.27% |
| 2026-06-30 | 37.29% |
| 2026-06-29 | 37.28% |
| 2026-06-26 | 49.62% |
| 2026-06-25 | 49.64% |
| 2026-06-24 | 49.63% |
| 2026-06-23 | 49.64% |
| 2026-06-22 | 49.61% |
| 2026-06-18 | 49.65% |
| 2026-06-17 | 49.65% |
| 2026-06-16 | 49.64% |
| 2026-06-15 | 49.64% |
| 2026-06-12 | 49.61% |
| 2026-06-11 | 49.63% |
| 2026-06-10 | 49.64% |
| 2026-06-09 | 49.65% |
| 2026-06-08 | 49.65% |
| 2026-06-05 | 49.62% |
| 2026-06-04 | 49.62% |
| 2026-06-03 | 49.63% |
| 2026-06-02 | 49.65% |
| 2026-06-01 | 49.63% |
| 2026-05-29 | 49.62% |
| 2026-05-28 | 49.65% |
| 2026-05-27 | 49.63% |
| 2026-05-26 | 49.63% |
| 2026-05-22 | 49.66% |
| 2026-05-21 | 49.62% |
| 2026-05-20 | 49.65% |
| 2026-05-19 | 49.61% |
| 2026-05-18 | 49.64% |
| 2026-05-15 | 49.62% |
| 2026-05-14 | 49.62% |
| 2026-05-13 | 49.61% |
| 2026-05-12 | 49.64% |
| 2026-05-11 | 49.62% |
| 2026-05-08 | 49.64% |
| 2026-05-07 | 49.65% |
| 2026-05-06 | 49.65% |
| 2026-05-05 | 49.62% |
| 2026-05-04 | 49.64% |
| 2026-05-01 | 49.66% |
| 2026-04-30 | 49.64% |
| 2026-04-29 | 49.63% |
| 2026-04-28 | 49.64% |
| 2026-04-27 | 49.63% |
| 2026-04-24 | 49.64% |
| 2026-04-23 | 49.61% |
| 2026-04-22 | 49.62% |
| 2026-04-21 | 49.61% |
| 2026-04-20 | 49.64% |
| 2026-04-17 | 49.63% |
| 2026-04-16 | 49.65% |
| 2026-04-15 | 49.63% |
| 2026-04-14 | 49.64% |
| 2026-04-13 | 49.62% |
| 2026-04-10 | 49.63% |
| 2026-04-09 | 49.65% |
| 2026-04-08 | 49.65% |
| 2026-04-07 | 49.64% |
| 2026-04-06 | 49.66% |
| 2026-04-02 | 49.64% |
| 2026-04-01 | 49.64% |
| 2026-03-31 | 49.64% |
| 2026-03-30 | 49.66% |
| 2026-03-27 | 62.03% |
| 2026-03-26 | 49.17% |
| 2026-03-25 | 49.17% |
| 2026-03-24 | 49.15% |
| 2026-03-23 | 49.13% |
| 2026-03-20 | 49.15% |
| 2026-03-19 | 49.16% |
| 2026-03-18 | 49.15% |
| 2026-03-17 | 49.14% |
| 2026-03-16 | 49.14% |
| 2026-03-13 | 49.12% |
| 2026-03-12 | 49.15% |
| 2026-03-11 | 49.17% |
| 2026-03-10 | 49.12% |
| 2026-03-09 | 49.16% |
| 2026-03-06 | 49.17% |
| 2026-03-05 | 49.16% |
| 2026-03-04 | 49.13% |
| 2026-03-03 | 49.15% |
| 2026-03-02 | 49.12% |
| 2026-02-27 | 49.16% |
| 2026-02-26 | 49.15% |
| 2026-02-25 | 49.12% |
| 2026-02-24 | 49.14% |
| 2026-02-23 | 49.14% |
| 2026-02-20 | 49.15% |
| 2026-02-19 | 49.15% |
| 2026-02-18 | 49.14% |
| 2026-02-17 | 49.16% |
| 2026-02-13 | 49.15% |
| 2024-02-08 | 37.01% |
| 2024-02-06 | 36.98% |
| 2024-02-02 | 36.95% |
| 2024-01-31 | 36.99% |
| 2024-01-29 | 36.99% |
| 2024-01-25 | 36.99% |
| 2024-01-23 | 36.98% |
| 2024-01-19 | 36.94% |
| 2024-01-17 | 36.95% |
| 2024-01-12 | 37.00% |
| 2024-01-10 | 36.96% |
| 2024-01-08 | 36.95% |
| 2024-01-04 | 37.01% |
| 2024-01-02 | 36.93% |
| 2023-12-28 | 36.96% |
| 2023-12-26 | 37.02% |
| 2023-12-21 | 45.46% |
| 2023-12-19 | 36.22% |
| 2023-12-15 | 36.14% |
| 2023-12-13 | 36.16% |
| 2023-12-11 | 36.14% |
| 2023-12-07 | 36.17% |
| 2023-12-05 | 36.21% |
| 2023-12-01 | 36.18% |
| 2023-11-29 | 36.19% |
| 2023-11-27 | 36.13% |
| 2023-11-22 | 36.17% |
| 2023-11-20 | 36.20% |
| 2023-11-16 | 36.17% |
| 2023-11-14 | 36.16% |
| 2023-11-10 | 36.15% |
| 2023-11-08 | 36.14% |
| 2023-11-06 | 36.17% |
| 2023-11-02 | 36.18% |
| 2023-10-31 | 36.16% |
| 2023-10-27 | 36.19% |
| 2023-10-25 | 36.16% |
| 2023-10-23 | 36.14% |
| 2023-10-19 | 36.16% |
| 2023-10-17 | 36.16% |
| 2023-10-13 | 36.16% |
| 2023-10-11 | 36.15% |
| 2023-10-09 | 36.14% |
| 2023-10-05 | 36.13% |
| 2023-10-03 | 36.14% |
| 2023-09-29 | 36.18% |
| 2023-09-27 | 35.22% |
| 2023-09-25 | 35.14% |
| 2023-09-21 | 35.22% |
| 2023-09-19 | 35.18% |
| 2023-09-15 | 35.21% |
| 2023-09-13 | 35.15% |
| 2023-09-11 | 35.16% |
| 2023-09-07 | 35.14% |
| 2023-09-05 | 35.22% |
| 2023-08-31 | 35.20% |
| 2023-08-29 | 35.16% |
| 2023-08-25 | 35.20% |
| 2023-08-23 | 35.21% |
| 2023-08-21 | 35.18% |
| 2023-08-17 | 35.21% |
| 2023-08-15 | 35.17% |
| 2023-08-11 | 35.18% |
| 2023-08-09 | 35.15% |
| 2023-08-07 | 35.19% |
| 2023-08-03 | 35.19% |
| 2023-08-01 | 35.16% |
| 2023-07-28 | 35.15% |
| 2023-07-26 | 35.20% |
| 2023-07-24 | 35.15% |
| 2023-07-20 | 35.20% |
| 2023-07-18 | 35.15% |
| 2023-07-14 | 35.20% |
| 2023-07-12 | 25.80% |
| 2023-07-10 | 25.83% |
| 2023-07-06 | 34.19% |
| 2023-07-03 | 34.15% |
| 2023-06-29 | 34.21% |
| 2023-06-27 | 35.39% |
| 2023-06-23 | 35.38% |
| 2023-06-21 | 35.42% |
| 2023-06-16 | 35.41% |
| 2023-06-14 | 35.40% |
| 2023-06-12 | 35.37% |
| 2023-06-08 | 35.39% |
| 2023-06-06 | 35.41% |
| 2023-06-02 | 35.38% |
| 2023-05-31 | 35.38% |
| 2023-05-26 | 35.40% |
| 2023-05-24 | 35.37% |
| 2023-05-22 | 35.38% |
| 2023-05-18 | 35.38% |
| 2023-05-16 | 35.37% |
| 2023-05-12 | 35.35% |
| 2023-05-10 | 35.40% |
| 2023-05-08 | 35.36% |
| 2023-05-04 | 35.38% |
| 2023-05-02 | 35.39% |
| 2023-04-28 | 35.43% |
| 2023-04-26 | 35.37% |
| 2023-04-24 | 35.37% |
| 2023-04-20 | 35.36% |
| 2023-04-18 | 35.36% |
| 2023-04-14 | 35.39% |
| 2023-04-12 | 35.36% |
| 2023-04-10 | 35.41% |
| 2023-04-05 | 35.40% |
| 2023-04-03 | 35.37% |
| 2023-03-30 | 35.37% |
| 2023-03-28 | 35.43% |
| 2023-03-24 | 35.41% |
| 2023-03-22 | 34.81% |
| 2023-03-20 | 34.85% |
| 2023-03-16 | 34.85% |
| 2023-03-14 | 34.81% |
| 2023-03-10 | 34.81% |
| 2023-03-08 | 34.81% |
| 2023-03-06 | 34.85% |
| 2023-03-02 | 34.85% |
| 2023-02-28 | 34.83% |
| 2023-02-24 | 34.84% |
| 2023-02-22 | 34.81% |
| 2023-02-17 | 34.82% |
| 2023-02-15 | 34.82% |
| 2023-02-13 | 34.79% |
| 2023-02-09 | 34.85% |
| 2023-02-07 | 34.80% |
| 2023-02-03 | 34.81% |
| 2023-02-01 | 34.84% |
Showing the most recent 260 of 1,844 data points. The chart above shows the full history.
| 71.6% |
| 2019 | $3.31 | $2.66 | 80.3% |
| 2018 | $3.41 | $2.59 | 75.9% |
| 2017 | $24.77 | $2.89 | 11.7% |
| 2016 | $3.08 | $2.18 | 70.7% |
| 2015 | $3.40 | $2.28 | 66.9% |
| 2014 | $2.60 | $2.45 | 94.3% |
| 2013 | $3.40 | $2.17 | 63.8% |
| 2012 | $3.22 | $2.11 | 65.6% |
| 2011 | $2.44 | $1.93 | 78.9% |
| 2010 | $2.26 | $1.62 | 71.5% |
| 2009 | $2.21 | $1.39 | 62.7% |
| 2008 | $1.79 | $1.32 | 74.0% |
| 2007 | $2.08 | $1.18 | 56.5% |
| 2006 | $1.80 | $0.90 | 49.9% |
| 2005 | $1.45 | $0.81 | 55.9% |
| 2004 | $2.16 | $0.71 | 32.7% |
| 2003 | $0.48 | $0.61 | 127.5% |
| 2002 | $0.82 | $0.54 | 66.0% |
| 2001 | $0.64 | $0.47 | 74.1% |
| 2000 | $0.45 | $0.46 | 102.3% |
| 1999 | $0.40 | $0.50 | 123.8% |
| 1998 | $0.37 | $0.40 | 108.7% |
| 1997 | $0.45 | $0.54 | 119.9% |
| 1996 | $1.10 | $0.50 | 45.4% |
