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 31.71% is 16% below its 4-year average of 37.81%, near the low end of its 4-year range (16.56%–129.46%).
As of Friday, September 11, 2026. 3.39% below its 12-month average of 32.82%.
Dividend Payout Ratio (31.71%) = TTM Dividends/Share ($1.17) / TTM EPS ($3.69)
Trailing-12-month dividend payout ratio; raw quarterly payout is intentionally not charted. Historical series through 2026-09-11.
DIVIDEND PAYOUT RATIO
31.71%
DIVIDEND PAYOUT RATIO AVG TTM
32.82%
DIVIDEND PAYOUT RATIO AVG 3Y
39.08%
DIVIDEND PAYOUT RATIO AVG 5Y
37.81%
DIVIDEND PAYOUT RATIO AVG 10Y
43.28%
DIVIDEND PAYOUT RATIO AVG 15Y
35.67%
DIVIDEND PAYOUT RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-3.39%
CURRENT VS 3Y AVG
-18.87%
CURRENT VS 5Y AVG
-16.14%
CURRENT VS 10Y AVG
-26.75%
CURRENT VS 15Y AVG
-11.11%
CURRENT VS 20Y AVG
N/A
| Fiscal year end | EPS | Dividends (FY) | Payout Ratio |
|---|---|---|---|
| 2025-12-30 | $3.17 | $1.08 | 34.1% |
| 2024-12-31 | $3.28 | $1.08 | 32.9% |
| 2024-01-02 | $2.10 | $1.08 | 51.4% |
| 2023-01-03 | $0.87 | $0.81 | 93.1% |
| 2021-12-28 | $1.03 | $0.00 | 0.0% |
| 2020-12-29 | ($6.32) |
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 |
|---|---|
| 2026-09-11 | 31.71% |
| 2026-09-10 | 31.70% |
| 2026-09-09 | 31.71% |
| 2026-09-08 | 31.70% |
| 2026-09-04 | 31.70% |
| 2026-09-03 | 31.71% |
| 2026-09-02 | 31.70% |
| 2026-09-01 | 31.71% |
| 2026-08-31 | 31.71% |
| 2026-08-28 | 31.71% |
| 2026-08-27 | 31.70% |
| 2026-08-26 | 31.71% |
| 2026-08-25 | 31.71% |
| 2026-08-24 | 31.71% |
| 2026-08-21 | 31.70% |
| 2026-08-20 | 31.71% |
| 2026-08-19 | 31.71% |
| 2026-08-18 | 31.70% |
| 2026-08-17 | 31.71% |
| 2026-08-14 | 31.71% |
| 2026-08-13 | 31.71% |
| 2026-08-12 | 31.71% |
| 2026-08-11 | 39.02% |
| 2026-08-10 | 30.89% |
| 2026-08-07 | 30.89% |
| 2026-08-06 | 30.89% |
| 2026-08-05 | 30.90% |
| 2026-08-04 | 30.89% |
| 2026-08-03 | 33.33% |
| 2026-07-31 | 33.33% |
| 2026-07-30 | 33.33% |
| 2026-07-29 | 33.33% |
| 2026-07-28 | 33.34% |
| 2026-07-27 | 33.34% |
| 2026-07-24 | 33.33% |
| 2026-07-23 | 33.34% |
| 2026-07-22 | 33.33% |
| 2026-07-21 | 33.33% |
| 2026-07-20 | 33.34% |
| 2026-07-17 | 33.33% |
| 2026-07-16 | 33.33% |
| 2026-07-15 | 33.33% |
| 2026-07-14 | 33.33% |
| 2026-07-13 | 33.33% |
| 2026-07-10 | 33.33% |
| 2026-07-09 | 33.33% |
| 2026-07-08 | 33.34% |
| 2026-07-07 | 33.33% |
| 2026-07-06 | 33.33% |
| 2026-07-02 | 33.33% |
| 2026-07-01 | 33.34% |
| 2026-06-30 | 33.34% |
| 2026-06-29 | 33.33% |
| 2026-06-26 | 33.33% |
| 2026-06-25 | 33.33% |
| 2026-06-24 | 33.34% |
| 2026-06-23 | 33.33% |
| 2026-06-22 | 33.34% |
| 2026-06-18 | 33.33% |
| 2026-06-17 | 33.33% |
| 2026-06-16 | 33.33% |
| 2026-06-15 | 33.33% |
| 2026-06-12 | 33.33% |
| 2026-06-11 | 33.33% |
| 2026-06-10 | 33.33% |
| 2026-06-09 | 33.34% |
| 2026-06-08 | 33.32% |
| 2026-06-05 | 33.34% |
| 2026-06-04 | 33.34% |
| 2026-06-03 | 33.33% |
| 2026-06-02 | 33.34% |
| 2026-06-01 | 33.33% |
| 2026-05-29 | 33.33% |
| 2026-05-28 | 33.33% |
| 2026-05-27 | 33.33% |
| 2026-05-26 | 33.34% |
| 2026-05-22 | 33.34% |
| 2026-05-21 | 33.33% |
| 2026-05-20 | 33.33% |
| 2026-05-19 | 33.34% |
| 2026-05-18 | 33.34% |
| 2026-05-15 | 33.32% |
| 2026-05-14 | 33.33% |
| 2026-05-13 | 41.23% |
| 2026-05-12 | 32.45% |
| 2026-05-11 | 32.46% |
| 2026-05-08 | 32.46% |
| 2026-05-07 | 32.46% |
| 2026-05-06 | 32.47% |
| 2026-05-05 | 32.45% |
| 2026-05-04 | 36.15% |
| 2026-05-01 | 36.16% |
| 2026-04-30 | 36.16% |
| 2026-04-29 | 36.15% |
| 2026-04-28 | 36.16% |
| 2026-04-27 | 36.15% |
| 2026-04-24 | 36.15% |
| 2026-04-23 | 36.16% |
| 2026-04-22 | 36.16% |
| 2026-04-21 | 36.15% |
| 2026-04-20 | 36.15% |
| 2026-04-17 | 36.16% |
| 2026-04-16 | 36.15% |
| 2026-04-15 | 36.15% |
| 2026-04-14 | 36.15% |
| 2026-04-13 | 36.16% |
| 2026-04-10 | 36.16% |
| 2026-04-09 | 36.15% |
| 2026-04-08 | 36.16% |
| 2026-04-07 | 36.16% |
| 2026-04-06 | 36.16% |
| 2026-04-02 | 36.16% |
| 2026-04-01 | 36.15% |
| 2026-03-31 | 36.15% |
| 2026-03-30 | 36.16% |
| 2026-03-27 | 36.15% |
| 2026-03-26 | 36.15% |
| 2026-03-25 | 36.17% |
| 2026-03-24 | 36.15% |
| 2026-03-23 | 36.16% |
| 2026-03-20 | 36.16% |
| 2026-03-19 | 36.17% |
| 2026-03-18 | 36.15% |
| 2026-03-17 | 36.16% |
| 2026-03-16 | 36.16% |
| 2026-03-13 | 36.15% |
| 2026-03-12 | 36.16% |
| 2026-03-11 | 36.16% |
| 2026-03-10 | 36.15% |
| 2026-03-09 | 36.16% |
| 2026-03-06 | 36.15% |
| 2026-03-05 | 36.16% |
| 2026-03-04 | 44.95% |
| 2026-03-03 | 35.18% |
| 2026-03-02 | 35.17% |
| 2026-02-27 | 35.18% |
| 2026-02-26 | 35.18% |
| 2026-02-25 | 35.18% |
| 2026-02-24 | 35.18% |
| 2026-02-23 | 32.63% |
| 2026-02-20 | 32.63% |
| 2026-02-19 | 32.63% |
| 2026-02-18 | 32.63% |
| 2026-02-17 | 32.63% |
| 2026-02-13 | 32.64% |
| 2026-02-12 | 32.63% |
| 2026-02-11 | 32.63% |
| 2026-02-10 | 32.63% |
| 2026-02-09 | 32.63% |
| 2026-02-06 | 32.63% |
| 2026-02-05 | 32.63% |
| 2026-02-04 | 32.63% |
| 2026-02-03 | 32.62% |
| 2026-02-02 | 32.62% |
| 2026-01-30 | 32.63% |
| 2026-01-29 | 32.63% |
| 2026-01-28 | 32.64% |
| 2026-01-27 | 32.62% |
| 2026-01-26 | 32.62% |
| 2026-01-23 | 32.63% |
| 2026-01-22 | 32.62% |
| 2026-01-21 | 32.64% |
| 2026-01-20 | 32.62% |
| 2026-01-16 | 32.63% |
| 2026-01-15 | 32.62% |
| 2026-01-14 | 32.64% |
| 2026-01-13 | 32.63% |
| 2026-01-12 | 32.62% |
| 2026-01-09 | 32.62% |
| 2026-01-08 | 32.63% |
| 2026-01-07 | 32.62% |
| 2026-01-06 | 32.63% |
| 2026-01-05 | 32.64% |
| 2026-01-02 | 32.62% |
| 2025-12-31 | 32.63% |
| 2025-12-30 | 32.63% |
| 2025-12-29 | 32.62% |
| 2025-12-26 | 32.64% |
| 2025-12-24 | 32.62% |
| 2025-12-23 | 32.64% |
| 2025-12-22 | 32.63% |
| 2025-12-19 | 32.64% |
| 2025-12-18 | 32.63% |
| 2025-12-17 | 32.62% |
| 2025-12-16 | 32.63% |
| 2025-12-15 | 32.62% |
| 2025-12-12 | 32.62% |
| 2025-12-11 | 32.62% |
| 2025-12-10 | 32.62% |
| 2025-12-09 | 32.63% |
| 2025-12-08 | 32.64% |
| 2025-12-05 | 32.62% |
| 2025-12-04 | 32.64% |
| 2025-12-03 | 32.62% |
| 2025-12-02 | 32.63% |
| 2025-12-01 | 32.62% |
| 2025-11-28 | 32.63% |
| 2025-11-26 | 32.62% |
| 2025-11-25 | 32.63% |
| 2025-11-24 | 32.64% |
| 2025-11-21 | 32.64% |
| 2025-11-20 | 32.62% |
| 2025-11-19 | 32.64% |
| 2025-11-18 | 32.63% |
| 2025-11-17 | 32.63% |
| 2025-11-14 | 32.64% |
| 2025-11-13 | 32.62% |
| 2025-11-12 | 40.78% |
| 2025-11-11 | 40.79% |
| 2025-11-10 | 40.80% |
| 2025-11-07 | 32.64% |
| 2025-11-06 | 32.63% |
| 2025-11-05 | 32.62% |
| 2025-11-04 | 32.64% |
| 2025-11-03 | 33.12% |
| 2025-10-31 | 33.14% |
| 2025-10-30 | 33.12% |
| 2025-10-29 | 33.14% |
| 2025-10-28 | 33.14% |
| 2025-10-27 | 33.13% |
| 2025-10-24 | 33.12% |
| 2025-10-23 | 33.12% |
| 2025-10-22 | 33.12% |
| 2025-10-21 | 33.12% |
| 2025-10-20 | 33.13% |
| 2025-10-17 | 33.14% |
| 2025-10-16 | 33.13% |
| 2025-10-15 | 33.12% |
| 2025-10-14 | 33.13% |
| 2025-10-13 | 33.12% |
| 2025-10-10 | 33.14% |
| 2025-10-09 | 33.13% |
| 2025-10-08 | 33.12% |
| 2025-10-07 | 33.13% |
| 2025-10-06 | 33.13% |
| 2025-10-03 | 33.12% |
| 2025-10-02 | 33.12% |
| 2025-10-01 | 33.13% |
| 2025-09-30 | 33.13% |
| 2025-09-29 | 33.12% |
| 2025-09-26 | 33.12% |
| 2025-09-25 | 33.14% |
| 2025-09-24 | 33.13% |
| 2025-09-23 | 33.13% |
| 2025-09-22 | 33.13% |
| 2025-09-19 | 33.12% |
| 2025-09-18 | 33.13% |
| 2025-09-17 | 33.13% |
| 2025-09-16 | 33.13% |
| 2025-09-15 | 33.13% |
| 2025-09-12 | 33.13% |
| 2025-09-11 | 33.14% |
| 2025-09-10 | 33.13% |
| 2025-09-09 | 33.13% |
| 2025-09-08 | 33.13% |
| 2025-09-05 | 33.13% |
| 2025-09-04 | 33.14% |
| 2025-09-03 | 33.14% |
| 2025-09-02 | 33.13% |
| 2025-08-29 | 33.12% |
Showing the most recent 260 of 1,720 data points. The chart above shows the full history.
| $0.36 |
| N/A (Loss) |
| 2019-12-31 | $2.90 | $1.38 | 47.6% |
| 2018-12-31 | $2.19 | $1.24 | 56.6% |
| 2017-12-31 | $3.35 | $1.06 | 31.6% |
| 2016-12-31 | $2.91 | $0.88 | 30.2% |
| 2015-12-31 | $2.39 | $0.73 | 30.5% |
| 2014-12-31 | $2.04 | $0.61 | 29.9% |
| 2013-12-31 | $2.19 | $0.52 | 23.7% |
| 2012-12-31 | $1.85 | $0.24 | 13.0% |
