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 31.31% is 56% below its 5-year average of 71.55%, near the low end of its 5-year range (28.20%–408.73%).
As of Thursday, July 30, 2026. 0.54% above its 12-month average of 31.14%.
Dividend Payout Ratio (31.31%) = TTM Dividends/Share ($2.05) / TTM EPS ($6.54)
DIVIDEND PAYOUT RATIO
31.31%
DIVIDEND PAYOUT RATIO AVG TTM
31.14%
DIVIDEND PAYOUT RATIO AVG 3Y
41.86%
DIVIDEND PAYOUT RATIO AVG 5Y
52.02%
DIVIDEND PAYOUT RATIO AVG 10Y
49.52%
DIVIDEND PAYOUT RATIO AVG 15Y
41.49%
DIVIDEND PAYOUT RATIO AVG 20Y
31.75%
CURRENT VS TTM AVG
+0.54%
CURRENT VS 3Y AVG
-25.21%
CURRENT VS 5Y AVG
-39.81%
CURRENT VS 10Y AVG
-36.78%
CURRENT VS 15Y AVG
-24.53%
CURRENT VS 20Y AVG
-1.40%
| Year | EPS | Dividend | Payout Ratio |
|---|---|---|---|
| 2025 | $6.48 | $2.03 | 31.4% |
| 2024 | $3.48 | $1.51 | 43.4% |
| 2023 | $1.26 | $2.00 | 158.5% |
| 2022 | ($3.34) | $1.98 | N/A (Loss) |
| 2021 | $2.09 | $1.96 | 93.7% |
| 2020 | ($12.60) | $1.94 |
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 |
|---|---|
| 2026-07-29 | 31.31% |
| 2026-07-28 | 31.31% |
| 2026-07-27 | 31.31% |
| 2026-07-24 | 31.32% |
| 2026-07-23 | 31.31% |
| 2026-07-22 | 31.31% |
| 2026-07-21 | 31.31% |
| 2026-07-20 | 31.31% |
| 2026-07-17 | 31.31% |
| 2026-07-16 | 31.31% |
| 2026-07-15 | 31.31% |
| 2026-07-14 | 31.32% |
| 2026-07-13 | 31.32% |
| 2026-07-10 | 31.32% |
| 2026-07-09 | 31.31% |
| 2026-07-08 | 31.31% |
| 2026-07-07 | 31.31% |
| 2026-07-06 | 31.32% |
| 2026-07-02 | 31.32% |
| 2026-07-01 | 31.31% |
| 2026-06-30 | 31.23% |
| 2026-06-29 | 31.24% |
| 2026-06-26 | 31.24% |
| 2026-06-25 | 31.23% |
| 2026-06-24 | 31.24% |
| 2026-06-23 | 31.23% |
| 2026-06-22 | 31.24% |
| 2026-06-18 | 31.24% |
| 2026-06-17 | 31.24% |
| 2026-06-16 | 31.24% |
| 2026-06-15 | 31.24% |
| 2026-06-12 | 31.24% |
| 2026-06-11 | 31.24% |
| 2026-06-10 | 31.23% |
| 2026-06-09 | 31.24% |
| 2026-06-08 | 31.24% |
| 2026-06-05 | 31.23% |
| 2026-06-04 | 31.24% |
| 2026-06-03 | 31.24% |
| 2026-06-02 | 31.24% |
| 2026-06-01 | 31.24% |
| 2026-05-29 | 31.23% |
| 2026-05-28 | 31.24% |
| 2026-05-27 | 31.24% |
| 2026-05-26 | 31.24% |
| 2026-05-22 | 31.24% |
| 2026-05-21 | 31.23% |
| 2026-05-20 | 31.23% |
| 2026-05-19 | 31.24% |
| 2026-05-18 | 31.24% |
| 2026-05-15 | 31.24% |
| 2026-05-14 | 31.23% |
| 2026-05-13 | 31.23% |
| 2026-05-12 | 31.23% |
| 2026-05-11 | 31.24% |
| 2026-05-08 | 31.23% |
| 2026-05-07 | 31.24% |
| 2026-05-06 | 31.24% |
| 2026-05-05 | 31.23% |
| 2026-05-04 | 31.23% |
| 2026-05-01 | 31.23% |
| 2026-04-30 | 31.23% |
| 2026-04-29 | 29.39% |
| 2026-04-28 | 29.39% |
| 2026-04-27 | 29.39% |
| 2026-04-24 | 29.40% |
| 2026-04-23 | 29.40% |
| 2026-04-22 | 29.40% |
| 2026-04-21 | 29.39% |
| 2026-04-20 | 29.40% |
| 2026-04-17 | 29.39% |
| 2026-04-16 | 29.39% |
| 2026-04-15 | 29.39% |
| 2026-04-14 | 29.39% |
| 2026-04-13 | 29.40% |
| 2026-04-10 | 29.39% |
| 2026-04-09 | 29.39% |
| 2026-04-08 | 29.39% |
| 2026-04-07 | 29.39% |
| 2026-04-06 | 29.39% |
| 2026-04-02 | 29.39% |
| 2026-04-01 | 29.40% |
| 2026-03-31 | 29.32% |
| 2026-03-30 | 29.31% |
| 2026-03-27 | 29.32% |
| 2026-03-26 | 29.31% |
| 2026-03-25 | 29.32% |
| 2026-03-24 | 29.32% |
| 2026-03-23 | 29.32% |
| 2026-03-20 | 29.32% |
| 2026-03-19 | 29.32% |
| 2026-03-18 | 29.31% |
| 2026-03-17 | 29.32% |
| 2026-03-16 | 29.32% |
| 2026-03-13 | 29.32% |
| 2026-03-12 | 29.32% |
| 2026-03-11 | 29.32% |
| 2026-03-10 | 29.32% |
| 2026-03-09 | 29.32% |
| 2026-03-06 | 29.32% |
| 2026-03-05 | 29.32% |
| 2026-03-04 | 29.32% |
| 2026-03-03 | 29.32% |
| 2026-03-02 | 29.32% |
| 2026-02-27 | 29.32% |
| 2026-02-26 | 29.32% |
| 2026-02-25 | 29.32% |
| 2026-02-24 | 29.32% |
| 2026-02-23 | 29.32% |
| 2026-02-20 | 29.32% |
| 2026-02-19 | 29.32% |
| 2026-02-18 | 29.32% |
| 2026-02-17 | 29.32% |
| 2026-02-13 | 29.32% |
| 2026-02-12 | 29.32% |
| 2026-02-11 | 29.32% |
| 2026-02-10 | 29.32% |
| 2026-02-09 | 29.32% |
| 2026-02-06 | 29.32% |
| 2026-02-05 | 29.32% |
| 2026-02-04 | 30.74% |
| 2026-02-03 | 30.73% |
| 2026-02-02 | 30.73% |
| 2026-01-30 | 30.73% |
| 2026-01-29 | 30.73% |
| 2026-01-28 | 30.73% |
| 2026-01-27 | 30.73% |
| 2026-01-26 | 30.73% |
| 2026-01-23 | 30.73% |
| 2026-01-22 | 30.74% |
| 2026-01-21 | 30.73% |
| 2026-01-20 | 30.73% |
| 2026-01-16 | 30.73% |
| 2026-01-15 | 30.74% |
| 2026-01-14 | 30.73% |
| 2026-01-13 | 30.73% |
| 2026-01-12 | 30.74% |
| 2026-01-09 | 30.73% |
| 2026-01-08 | 30.73% |
| 2026-01-07 | 30.73% |
| 2026-01-06 | 30.73% |
| 2026-01-05 | 30.74% |
| 2026-01-02 | 30.74% |
| 2025-12-31 | 30.66% |
| 2025-12-30 | 30.65% |
| 2025-12-29 | 30.66% |
| 2025-12-26 | 30.66% |
| 2025-12-24 | 30.65% |
| 2025-12-23 | 30.66% |
| 2025-12-22 | 30.66% |
| 2025-12-19 | 30.66% |
| 2025-12-18 | 30.66% |
| 2025-12-17 | 30.66% |
| 2025-12-16 | 30.66% |
| 2025-12-15 | 30.66% |
| 2025-12-12 | 30.66% |
| 2025-12-11 | 30.66% |
| 2025-12-10 | 30.66% |
| 2025-12-09 | 30.65% |
| 2025-12-08 | 30.66% |
| 2025-12-05 | 30.66% |
| 2025-12-04 | 30.65% |
| 2025-12-03 | 30.66% |
| 2025-12-02 | 30.66% |
| 2025-12-01 | 30.66% |
| 2025-11-28 | 30.66% |
| 2025-11-26 | 30.66% |
| 2025-11-25 | 30.66% |
| 2025-11-24 | 30.66% |
| 2025-11-21 | 30.66% |
| 2025-11-20 | 30.66% |
| 2025-11-19 | 30.66% |
| 2025-11-18 | 30.66% |
| 2025-11-17 | 30.66% |
| 2025-11-14 | 30.66% |
| 2025-11-13 | 30.66% |
| 2025-11-12 | 30.66% |
| 2025-11-11 | 30.66% |
| 2025-11-10 | 30.65% |
| 2025-11-07 | 30.66% |
| 2025-11-06 | 30.65% |
| 2025-11-05 | 30.66% |
| 2025-11-04 | 30.65% |
| 2025-11-03 | 30.66% |
| 2025-10-31 | 30.65% |
| 2025-10-30 | 30.65% |
| 2025-10-29 | 31.51% |
| 2025-10-28 | 31.51% |
| 2025-10-27 | 31.52% |
| 2025-10-24 | 31.51% |
| 2025-10-23 | 31.52% |
| 2025-10-22 | 31.51% |
| 2025-10-21 | 31.51% |
| 2025-10-20 | 31.51% |
| 2025-10-17 | 31.51% |
| 2025-10-16 | 31.51% |
| 2025-10-15 | 31.51% |
| 2025-10-14 | 31.52% |
| 2025-10-13 | 31.51% |
| 2025-10-10 | 31.51% |
| 2025-10-09 | 31.51% |
| 2025-10-08 | 31.51% |
| 2025-10-07 | 31.52% |
| 2025-10-06 | 31.51% |
| 2025-10-03 | 31.52% |
| 2025-10-02 | 31.52% |
| 2025-10-01 | 31.52% |
| 2025-09-30 | 31.43% |
| 2025-09-29 | 31.43% |
| 2025-09-26 | 31.43% |
| 2025-09-25 | 31.43% |
| 2025-09-24 | 31.44% |
| 2025-09-23 | 31.43% |
| 2025-09-22 | 31.43% |
| 2025-09-19 | 31.43% |
| 2025-09-18 | 31.43% |
| 2025-09-17 | 31.43% |
| 2025-09-16 | 31.43% |
| 2025-09-15 | 31.44% |
| 2025-09-12 | 31.43% |
| 2025-09-11 | 31.44% |
| 2025-09-10 | 31.44% |
| 2025-09-09 | 31.43% |
| 2025-09-08 | 31.44% |
| 2025-09-05 | 31.44% |
| 2025-09-04 | 31.43% |
| 2025-09-03 | 31.43% |
| 2025-09-02 | 31.44% |
| 2025-08-29 | 31.44% |
| 2025-08-28 | 31.43% |
| 2025-08-27 | 31.44% |
| 2025-08-26 | 31.44% |
| 2025-08-25 | 31.43% |
| 2025-08-22 | 31.43% |
| 2025-08-21 | 31.44% |
| 2025-08-20 | 31.43% |
| 2025-08-19 | 31.43% |
| 2025-08-18 | 31.43% |
| 2025-08-15 | 31.44% |
| 2025-08-14 | 31.43% |
| 2025-08-13 | 31.43% |
| 2025-08-12 | 31.43% |
| 2025-08-11 | 31.64% |
| 2025-08-08 | 31.63% |
| 2025-08-07 | 31.63% |
| 2025-08-06 | 31.63% |
| 2025-08-05 | 31.63% |
| 2025-08-04 | 31.64% |
| 2025-08-01 | 31.63% |
| 2025-07-31 | 31.64% |
| 2025-07-30 | 31.63% |
| 2025-07-29 | 31.63% |
| 2025-07-28 | 31.63% |
| 2025-07-25 | 31.62% |
| 2025-07-24 | 31.63% |
| 2025-07-23 | 31.63% |
| 2025-07-22 | 31.63% |
| 2025-07-21 | 31.63% |
| 2025-07-18 | 31.63% |
| 2025-07-17 | 31.63% |
Showing the most recent 260 of 2,335 data points. The chart above shows the full history.
| N/A (Loss) |
| 2019 | $4.54 | $1.92 | 42.3% |
| 2018 | $0.82 | $1.89 | 230.6% |
| 2017 | $4.06 | $1.84 | 45.2% |
| 2016 | $4.36 | $1.73 | 39.8% |
| 2015 | $3.66 | $1.50 | 41.1% |
| 2014 | $3.42 | $1.33 | 38.9% |
| 2013 | $0.98 | $1.18 | 120.6% |
| 2012 | $3.10 | $0.96 | 31.1% |
| 2011 | $2.75 | $0.84 | 30.5% |
| 2010 | $1.79 | $0.76 | 42.5% |
| 2009 | $3.22 | $0.67 | 20.7% |
| 2008 | $3.63 | $0.54 | 14.9% |
| 2007 | $4.89 | $0.45 | 9.2% |
| 2006 | $2.38 | $0.33 | 13.9% |
| 2005 | $2.44 | $0.21 | 8.6% |
| 2004 | $3.39 | $0.12 | 3.5% |
| 2003 | $3.08 | $0.11 | 3.7% |
| 2002 | $2.37 | $0.10 | 4.2% |
| 2001 | $1.90 | $0.10 | 5.0% |
| 2000 | $1.61 | $0.08 | 4.8% |
| 1999 | $1.15 | $0.07 | 5.9% |
| 1998 | $1.05 | $0.06 | 5.7% |
| 1997 | $0.84 | $0.04 | 5.3% |
| 1996 | $0.51 | $0.04 | 7.4% |
