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 79.52% is in line with its 5-year average of 85.82%, near the low end of its 5-year range (39.00%–205.91%).
As of Sunday, July 26, 2026. 28.11% below its 12-month average of 110.61%.
Dividend Payout Ratio (79.52%) = TTM Dividends/Share ($1.40) / TTM EPS ($1.76)
DIVIDEND PAYOUT RATIO
79.52%
DIVIDEND PAYOUT RATIO AVG TTM
110.61%
DIVIDEND PAYOUT RATIO AVG 3Y
102.94%
DIVIDEND PAYOUT RATIO AVG 5Y
73.59%
DIVIDEND PAYOUT RATIO AVG 10Y
58.98%
DIVIDEND PAYOUT RATIO AVG 15Y
55.05%
DIVIDEND PAYOUT RATIO AVG 20Y
52.72%
CURRENT VS TTM AVG
-28.11%
CURRENT VS 3Y AVG
-22.76%
CURRENT VS 5Y AVG
+8.05%
CURRENT VS 10Y AVG
+34.82%
CURRENT VS 15Y AVG
+44.44%
CURRENT VS 20Y AVG
+50.84%
| Year | EPS | Dividend | Payout Ratio |
|---|---|---|---|
| 2026 | ($4.00) | $0.88 | N/A (Loss) |
| 2025 | $2.41 | $1.40 | 58.1% |
| 2024 | $0.73 | $1.40 | 191.8% |
| 2023 | $1.43 | $1.36 | 95.1% |
| 2022 | $1.85 | $1.29 | 69.5% |
| 2021 | $2.67 | $1.18 |
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 |
|---|---|
| 2025-12-18 | 79.52% |
| 2025-12-17 | 79.53% |
| 2025-12-16 | 79.55% |
| 2025-12-15 | 79.52% |
| 2025-12-12 | 79.58% |
| 2025-12-11 | 79.55% |
| 2025-12-10 | 79.55% |
| 2025-12-09 | 79.57% |
| 2025-12-08 | 79.53% |
| 2025-12-05 | 79.57% |
| 2025-12-04 | 79.54% |
| 2025-12-03 | 79.55% |
| 2025-12-02 | 79.51% |
| 2025-12-01 | 79.55% |
| 2025-11-28 | 79.53% |
| 2025-11-26 | 79.58% |
| 2025-11-25 | 79.55% |
| 2025-11-24 | 79.51% |
| 2025-11-21 | 79.57% |
| 2025-11-20 | 79.59% |
| 2025-11-19 | 79.57% |
| 2025-11-18 | 79.59% |
| 2025-11-17 | 79.57% |
| 2025-11-14 | 79.51% |
| 2025-11-13 | 79.52% |
| 2025-11-12 | 79.53% |
| 2025-11-11 | 79.55% |
| 2025-11-10 | 79.56% |
| 2025-11-07 | 79.56% |
| 2025-11-06 | 79.56% |
| 2025-11-05 | 79.54% |
| 2025-11-04 | 79.53% |
| 2025-11-03 | 79.51% |
| 2025-10-31 | 79.57% |
| 2025-10-30 | 99.45% |
| 2025-10-29 | 79.59% |
| 2025-10-28 | 79.52% |
| 2025-10-27 | 79.54% |
| 2025-10-24 | 79.53% |
| 2025-10-23 | 79.51% |
| 2025-10-22 | 79.54% |
| 2025-10-21 | 79.55% |
| 2025-10-20 | 79.54% |
| 2025-10-17 | 79.58% |
| 2025-10-16 | 79.54% |
| 2025-10-15 | 79.54% |
| 2025-10-14 | 79.54% |
| 2025-10-13 | 79.58% |
| 2025-10-10 | 79.57% |
| 2025-10-09 | 79.54% |
| 2025-10-08 | 79.54% |
| 2025-10-07 | 79.51% |
| 2025-10-06 | 79.57% |
| 2025-10-03 | 79.56% |
| 2025-10-02 | 79.56% |
| 2025-10-01 | 79.58% |
| 2025-09-30 | 58.57% |
| 2025-09-29 | 58.59% |
| 2025-09-26 | 58.60% |
| 2025-09-25 | 58.54% |
| 2025-09-24 | 58.55% |
| 2025-09-23 | 58.62% |
| 2025-09-22 | 58.61% |
| 2025-09-19 | 58.60% |
| 2025-09-18 | 58.61% |
| 2025-09-17 | 58.55% |
| 2025-09-16 | 58.54% |
| 2025-09-15 | 58.56% |
| 2025-09-12 | 58.57% |
| 2025-09-11 | 58.55% |
| 2025-09-10 | 58.57% |
| 2025-09-09 | 58.61% |
| 2025-09-08 | 58.56% |
| 2025-09-05 | 58.60% |
| 2025-09-04 | 58.54% |
| 2025-09-03 | 58.55% |
| 2025-09-02 | 58.55% |
| 2025-08-29 | 58.55% |
| 2025-08-28 | 58.56% |
| 2025-08-27 | 58.60% |
| 2025-08-26 | 58.56% |
| 2025-08-25 | 58.60% |
| 2025-08-22 | 58.61% |
| 2025-08-21 | 58.61% |
| 2025-08-20 | 58.55% |
| 2025-08-19 | 58.56% |
| 2025-08-18 | 58.57% |
| 2025-08-15 | 58.57% |
| 2025-08-14 | 58.59% |
| 2025-08-13 | 58.60% |
| 2025-08-12 | 58.58% |
| 2025-08-11 | 58.56% |
| 2025-08-08 | 58.55% |
| 2025-08-07 | 58.55% |
| 2025-08-06 | 58.57% |
| 2025-08-05 | 58.61% |
| 2025-08-04 | 58.58% |
| 2025-08-01 | 58.54% |
| 2025-07-31 | 73.22% |
| 2025-07-30 | 73.19% |
| 2025-07-29 | 58.59% |
| 2025-07-28 | 58.55% |
| 2025-07-25 | 58.59% |
| 2025-07-24 | 58.61% |
| 2025-07-23 | 58.55% |
| 2025-07-22 | 58.60% |
| 2025-07-21 | 58.61% |
| 2025-07-18 | 58.58% |
| 2025-07-17 | 58.60% |
| 2025-07-16 | 58.60% |
| 2025-07-15 | 58.58% |
| 2025-07-14 | 58.59% |
| 2025-07-11 | 58.60% |
| 2025-07-10 | 58.54% |
| 2025-07-09 | 205.88% |
| 2025-07-08 | 205.90% |
| 2025-07-07 | 205.85% |
| 2025-07-03 | 205.90% |
| 2025-07-02 | 205.89% |
| 2025-07-01 | 205.91% |
| 2025-06-30 | 205.86% |
| 2025-06-27 | 205.88% |
| 2025-06-26 | 205.90% |
| 2025-06-25 | 205.86% |
| 2025-06-24 | 205.89% |
| 2025-06-23 | 205.89% |
| 2025-06-20 | 205.86% |
| 2025-06-17 | 205.87% |
| 2025-06-13 | 205.88% |
| 2025-06-11 | 205.90% |
| 2025-06-09 | 205.88% |
| 2025-06-05 | 205.91% |
| 2025-06-03 | 205.86% |
| 2025-05-30 | 205.87% |
| 2025-05-28 | 205.90% |
| 2025-05-23 | 205.88% |
| 2025-05-21 | 205.89% |
| 2025-05-19 | 205.89% |
| 2025-05-15 | 205.91% |
| 2025-05-13 | 205.86% |
| 2025-05-09 | 205.91% |
| 2025-05-07 | 205.86% |
| 2025-05-05 | 205.86% |
| 2025-05-01 | 205.89% |
| 2025-04-29 | 205.86% |
| 2025-04-25 | 205.91% |
| 2025-04-23 | 205.89% |
| 2025-04-21 | 205.89% |
| 2025-04-16 | 205.90% |
| 2025-04-14 | 205.86% |
| 2025-04-10 | 205.88% |
| 2025-04-08 | 205.88% |
| 2025-04-04 | 205.91% |
| 2025-04-02 | 137.24% |
| 2025-03-31 | 137.27% |
| 2025-03-27 | 137.25% |
| 2025-03-25 | 137.24% |
| 2025-03-21 | 137.27% |
| 2025-03-19 | 137.24% |
| 2025-03-17 | 137.26% |
| 2025-03-13 | 137.23% |
| 2025-03-11 | 137.27% |
| 2025-03-07 | 137.28% |
| 2025-03-05 | 137.24% |
| 2025-03-03 | 137.26% |
| 2025-02-27 | 137.26% |
| 2025-02-25 | 137.26% |
| 2025-02-21 | 137.23% |
| 2025-02-19 | 137.23% |
| 2025-02-14 | 137.23% |
| 2025-02-12 | 137.23% |
| 2025-02-10 | 137.26% |
| 2025-02-06 | 137.26% |
| 2025-02-04 | 137.26% |
| 2025-01-31 | 137.24% |
| 2025-01-29 | 137.24% |
| 2025-01-27 | 171.59% |
| 2025-01-23 | 137.24% |
| 2025-01-21 | 137.28% |
| 2025-01-16 | 137.23% |
| 2025-01-14 | 137.26% |
| 2025-01-10 | 137.25% |
| 2025-01-07 | 137.27% |
| 2025-01-03 | 137.27% |
| 2024-12-31 | 137.28% |
| 2024-12-27 | 137.27% |
| 2024-12-24 | 137.26% |
| 2024-12-20 | 137.26% |
| 2024-12-18 | 135.91% |
| 2024-12-16 | 135.94% |
| 2024-12-12 | 135.91% |
| 2024-12-10 | 135.93% |
| 2024-12-06 | 135.94% |
| 2024-12-04 | 135.90% |
| 2024-12-02 | 135.92% |
| 2024-11-27 | 135.92% |
| 2024-11-25 | 135.92% |
| 2024-11-21 | 135.93% |
| 2024-11-19 | 135.93% |
| 2024-11-15 | 135.91% |
| 2024-11-13 | 135.90% |
| 2024-11-11 | 135.91% |
| 2024-11-07 | 135.94% |
| 2024-11-05 | 135.91% |
| 2024-11-01 | 135.94% |
| 2024-10-30 | 135.91% |
| 2024-10-28 | 135.91% |
| 2024-10-24 | 135.95% |
| 2024-10-22 | 135.92% |
| 2024-10-18 | 135.94% |
| 2024-10-16 | 135.90% |
| 2024-10-14 | 135.91% |
| 2024-10-10 | 135.91% |
| 2024-10-08 | 135.92% |
| 2024-10-04 | 135.92% |
| 2024-10-02 | 135.90% |
| 2024-09-30 | 191.79% |
| 2024-09-26 | 191.79% |
| 2024-09-24 | 191.76% |
| 2024-09-20 | 191.80% |
| 2024-09-18 | 191.80% |
| 2024-09-16 | 191.79% |
| 2024-09-12 | 191.77% |
| 2024-09-10 | 191.79% |
| 2024-09-06 | 191.78% |
| 2024-09-04 | 191.79% |
| 2024-08-30 | 191.78% |
| 2024-08-28 | 191.80% |
| 2024-08-26 | 191.78% |
| 2024-08-22 | 191.77% |
| 2024-08-20 | 191.78% |
| 2024-08-16 | 191.78% |
| 2024-08-14 | 191.78% |
| 2024-08-12 | 191.77% |
| 2024-08-08 | 191.80% |
| 2024-08-06 | 191.78% |
| 2024-08-02 | 191.79% |
| 2024-07-31 | 143.82% |
| 2024-07-29 | 143.85% |
| 2024-07-25 | 191.77% |
| 2024-07-23 | 191.80% |
| 2024-07-19 | 191.79% |
| 2024-07-17 | 191.78% |
| 2024-07-15 | 191.79% |
| 2024-07-11 | 191.80% |
| 2024-07-09 | 70.34% |
| 2024-07-05 | 70.35% |
| 2024-07-02 | 70.37% |
| 2024-06-28 | 70.34% |
| 2024-06-26 | 70.37% |
| 2024-06-24 | 70.33% |
| 2024-06-20 | 70.34% |
| 2024-06-17 | 70.34% |
| 2024-06-13 | 70.37% |
| 2024-06-11 | 70.34% |
| 2024-06-07 | 70.33% |
| 2024-06-05 | 70.35% |
| 2024-06-03 | 70.35% |
| 2024-05-30 | 70.34% |
| 2024-05-28 | 70.35% |
Showing the most recent 260 of 2,262 data points. The chart above shows the full history.
| 44.0% |
| 2020 | $1.72 | $0.91 | 53.1% |
| 2019 | $1.53 | $0.85 | 55.6% |
| 2018 | $2.00 | $0.85 | 42.5% |
| 2017 | $1.48 | $0.83 | 55.7% |
| 2016 | ($1.57) | $0.78 | N/A (Loss) |
| 2015 | ($0.60) | $0.78 | N/A (Loss) |
| 2014 | $0.72 | $0.78 | 108.1% |
| 2013 | $1.88 | $0.78 | 41.4% |
| 2012 | $1.13 | $0.81 | 71.7% |
| 2011 | $1.90 | $0.72 | 38.1% |
| 2010 | $1.63 | $0.65 | 39.6% |
| 2009 | $2.16 | $0.60 | 27.7% |
| 2008 | $1.91 | $0.59 | 31.0% |
| 2007 | $1.52 | $0.57 | 37.4% |
| 2006 | $1.03 | $0.63 | 61.4% |
| 2005 | $1.24 | $0.85 | 68.5% |
| 2004 | $1.54 | $0.82 | 53.2% |
| 2003 | $1.44 | $0.78 | 54.3% |
| 2002 | $1.48 | $0.74 | 50.1% |
| 2001 | $1.25 | $0.69 | 55.3% |
| 2000 | $0.80 | $0.65 | 81.4% |
| 1999 | $0.66 | $0.57 | 87.0% |
| 1998 | $1.35 | $0.51 | 37.6% |
| 1997 | $1.36 | $0.44 | 32.4% |