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 73.44% is 110% above its 5-year average of 34.99%, near the high end of its 5-year range (4.61%–80.00%).
As of Thursday, July 30, 2026. 119.01% above its 12-month average of 33.53%.
Dividend Payout Ratio (73.44%) = TTM Dividends/Share ($4.81) / TTM EPS ($6.55)
DIVIDEND PAYOUT RATIO
73.44%
DIVIDEND PAYOUT RATIO AVG TTM
33.53%
DIVIDEND PAYOUT RATIO AVG 3Y
33.39%
DIVIDEND PAYOUT RATIO AVG 5Y
33.37%
DIVIDEND PAYOUT RATIO AVG 10Y
32.88%
DIVIDEND PAYOUT RATIO AVG 15Y
33.14%
DIVIDEND PAYOUT RATIO AVG 20Y
32.81%
CURRENT VS TTM AVG
+119.01%
CURRENT VS 3Y AVG
+119.92%
CURRENT VS 5Y AVG
+120.07%
CURRENT VS 10Y AVG
+123.39%
CURRENT VS 15Y AVG
+121.59%
CURRENT VS 20Y AVG
+123.81%
| Year | EPS | Dividend | Payout Ratio |
|---|---|---|---|
| 2026 | $6.65 | $1.08 | 16.2% |
| 2025 | $25.04 | $8.72 | 34.8% |
| 2024 | $5.70 | $2.90 | 50.9% |
| 2023 | $15.58 | $4.31 | 27.7% |
| 2022 | $2.73 | $1.73 | 63.3% |
| 2021 | $0.04 | $0.03 |
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 |
|---|---|
| 2026-07-30 | 73.44% |
| 2026-07-29 | 73.44% |
| 2026-07-28 | 73.46% |
| 2026-07-27 | 73.49% |
| 2026-07-24 | 73.47% |
| 2026-07-23 | 73.48% |
| 2026-07-22 | 73.45% |
| 2026-07-21 | 33.53% |
| 2026-07-20 | 33.52% |
| 2026-07-17 | 33.53% |
| 2026-07-16 | 33.52% |
| 2026-07-15 | 33.54% |
| 2026-07-14 | 33.51% |
| 2026-07-13 | 33.52% |
| 2026-07-10 | 33.55% |
| 2026-07-09 | 33.55% |
| 2026-07-08 | 33.54% |
| 2026-07-07 | 33.52% |
| 2026-07-06 | 33.55% |
| 2026-07-02 | 33.51% |
| 2026-07-01 | 33.56% |
| 2026-06-30 | 33.51% |
| 2026-06-29 | 33.54% |
| 2026-06-26 | 33.53% |
| 2026-06-25 | 33.52% |
| 2026-06-24 | 33.55% |
| 2026-06-23 | 33.50% |
| 2026-06-22 | 33.51% |
| 2026-06-18 | 33.55% |
| 2026-06-17 | 33.55% |
| 2026-06-16 | 33.55% |
| 2026-06-15 | 33.50% |
| 2026-06-12 | 33.52% |
| 2026-06-11 | 33.56% |
| 2026-06-10 | 33.53% |
| 2026-06-09 | 33.51% |
| 2026-06-08 | 33.53% |
| 2026-06-05 | 33.52% |
| 2026-06-04 | 33.54% |
| 2026-06-03 | 33.53% |
| 2026-06-02 | 33.51% |
| 2026-06-01 | 33.56% |
| 2026-05-29 | 33.55% |
| 2026-05-28 | 33.53% |
| 2026-05-27 | 33.54% |
| 2026-05-26 | 33.56% |
| 2026-05-22 | 33.55% |
| 2026-05-21 | 33.53% |
| 2026-05-20 | 33.51% |
| 2026-05-19 | 33.56% |
| 2026-05-18 | 33.54% |
| 2026-05-15 | 33.55% |
| 2026-05-14 | 33.56% |
| 2026-05-13 | 33.53% |
| 2026-05-12 | 33.55% |
| 2026-05-11 | 33.55% |
| 2026-05-08 | 33.52% |
| 2026-05-07 | 33.55% |
| 2026-05-06 | 33.54% |
| 2026-05-05 | 33.55% |
| 2026-05-04 | 33.54% |
| 2026-05-01 | 33.51% |
| 2026-04-30 | 33.51% |
| 2026-04-29 | 57.87% |
| 2026-04-28 | 55.45% |
| 2026-04-27 | 55.40% |
| 2026-04-24 | 55.37% |
| 2026-04-23 | 55.41% |
| 2026-04-22 | 55.37% |
| 2026-04-21 | 55.43% |
| 2026-04-20 | 55.35% |
| 2026-04-17 | 55.42% |
| 2026-04-16 | 55.42% |
| 2026-04-15 | 55.42% |
| 2026-04-14 | 55.45% |
| 2026-04-13 | 55.36% |
| 2026-04-10 | 55.36% |
| 2026-04-09 | 55.44% |
| 2026-04-08 | 55.39% |
| 2026-04-07 | 55.37% |
| 2026-04-06 | 55.37% |
| 2026-04-02 | 55.38% |
| 2026-04-01 | 55.41% |
| 2026-03-31 | 33.55% |
| 2026-03-30 | 33.55% |
| 2026-03-27 | 33.61% |
| 2026-03-26 | 33.54% |
| 2026-03-25 | 33.59% |
| 2026-03-24 | 33.58% |
| 2026-03-23 | 33.63% |
| 2026-03-20 | 33.59% |
| 2026-03-19 | 33.56% |
| 2026-03-18 | 33.62% |
| 2026-03-17 | 33.59% |
| 2026-03-16 | 33.60% |
| 2026-03-13 | 33.57% |
| 2026-03-12 | 33.62% |
| 2026-03-11 | 33.63% |
| 2026-03-10 | 33.58% |
| 2026-03-09 | 33.59% |
| 2026-03-06 | 33.63% |
| 2026-03-05 | 33.54% |
| 2026-03-04 | 33.60% |
| 2026-03-03 | 33.61% |
| 2026-03-02 | 33.62% |
| 2026-02-27 | 33.59% |
| 2026-02-26 | 33.56% |
| 2026-02-25 | 33.62% |
| 2026-02-24 | 33.62% |
| 2026-02-23 | 33.55% |
| 2026-02-20 | 33.58% |
| 2026-02-19 | 33.58% |
| 2026-02-18 | 33.54% |
| 2026-02-17 | 33.57% |
| 2026-02-13 | 33.63% |
| 2026-02-12 | 33.63% |
| 2026-02-11 | 33.55% |
| 2026-02-10 | 33.60% |
| 2026-02-09 | 33.63% |
| 2026-02-06 | 33.62% |
| 2026-02-05 | 33.58% |
| 2026-02-04 | 33.57% |
| 2026-02-03 | 33.59% |
| 2026-02-02 | 33.54% |
| 2026-01-30 | 33.60% |
| 2026-01-29 | 33.63% |
| 2026-01-28 | 39.89% |
| 2026-01-27 | 36.85% |
| 2026-01-26 | 36.82% |
| 2026-01-23 | 36.81% |
| 2026-01-22 | 36.86% |
| 2026-01-21 | 36.84% |
| 2026-01-20 | 36.80% |
| 2026-01-16 | 36.80% |
| 2026-01-15 | 36.84% |
| 2026-01-14 | 36.79% |
| 2026-01-13 | 36.82% |
| 2026-01-12 | 36.82% |
| 2026-01-09 | 36.78% |
| 2026-01-08 | 36.85% |
| 2026-01-07 | 36.85% |
| 2026-01-06 | 33.51% |
| 2026-01-05 | 33.51% |
| 2026-01-02 | 33.54% |
| 2025-12-31 | 33.52% |
| 2025-12-30 | 33.56% |
| 2025-12-29 | 33.56% |
| 2025-12-26 | 33.49% |
| 2025-12-24 | 33.46% |
| 2025-12-23 | 33.52% |
| 2025-12-22 | 33.46% |
| 2025-12-19 | 33.46% |
| 2025-12-18 | 33.52% |
| 2025-12-17 | 33.50% |
| 2025-12-16 | 33.49% |
| 2025-12-15 | 33.47% |
| 2025-12-12 | 33.50% |
| 2025-12-11 | 33.54% |
| 2025-12-10 | 33.46% |
| 2025-12-09 | 33.54% |
| 2025-12-08 | 33.51% |
| 2025-12-05 | 33.54% |
| 2025-12-04 | 33.55% |
| 2025-12-03 | 33.53% |
| 2025-12-02 | 33.47% |
| 2025-12-01 | 33.56% |
| 2025-11-28 | 33.47% |
| 2025-11-26 | 33.50% |
| 2025-11-25 | 33.47% |
| 2025-11-24 | 33.55% |
| 2025-11-21 | 33.50% |
| 2025-11-20 | 33.50% |
| 2025-11-19 | 33.51% |
| 2025-11-18 | 33.49% |
| 2025-11-17 | 33.47% |
| 2025-11-14 | 33.53% |
| 2025-11-13 | 33.50% |
| 2025-11-12 | 33.55% |
| 2025-11-11 | 33.53% |
| 2025-11-10 | 33.52% |
| 2025-11-07 | 33.50% |
| 2025-11-06 | 33.50% |
| 2025-11-05 | 33.46% |
| 2025-11-04 | 33.55% |
| 2025-11-03 | 33.50% |
| 2025-10-31 | 33.55% |
| 2025-10-30 | 33.51% |
| 2025-10-29 | 37.43% |
| 2025-10-28 | 32.12% |
| 2025-10-27 | 32.14% |
| 2025-10-24 | 32.12% |
| 2025-10-23 | 32.17% |
| 2025-10-22 | 32.09% |
| 2025-10-21 | 32.13% |
| 2025-10-20 | 32.15% |
| 2025-10-17 | 32.17% |
| 2025-10-16 | 32.11% |
| 2025-10-15 | 32.15% |
| 2025-10-14 | 32.17% |
| 2025-10-13 | 32.15% |
| 2025-10-10 | 32.13% |
| 2025-10-09 | 32.13% |
| 2025-10-08 | 32.11% |
| 2025-10-07 | 32.13% |
| 2025-10-06 | 32.16% |
| 2025-10-03 | 32.14% |
| 2025-10-02 | 32.14% |
| 2025-10-01 | 32.09% |
| 2025-09-30 | 33.48% |
| 2025-09-29 | 33.47% |
| 2025-09-26 | 33.54% |
| 2025-09-25 | 33.52% |
| 2025-09-24 | 33.52% |
| 2025-09-23 | 33.48% |
| 2025-09-22 | 33.52% |
| 2025-09-19 | 33.51% |
| 2025-09-18 | 33.52% |
| 2025-09-17 | 33.50% |
| 2025-09-16 | 33.51% |
| 2025-09-15 | 33.51% |
| 2025-09-12 | 33.46% |
| 2025-09-11 | 33.50% |
| 2025-09-10 | 33.50% |
| 2025-09-09 | 33.53% |
| 2025-09-08 | 33.49% |
| 2025-09-05 | 33.48% |
| 2025-09-04 | 33.48% |
| 2025-09-03 | 33.47% |
| 2025-09-02 | 33.50% |
| 2025-08-29 | 33.46% |
| 2025-08-28 | 33.53% |
| 2025-08-27 | 33.49% |
| 2025-08-26 | 33.50% |
| 2025-08-25 | 33.52% |
| 2025-08-22 | 33.49% |
| 2025-08-21 | 33.50% |
| 2025-08-20 | 33.52% |
| 2025-08-19 | 33.49% |
| 2025-08-18 | 33.46% |
| 2025-08-15 | 33.46% |
| 2025-08-14 | 33.51% |
| 2025-08-13 | 33.46% |
| 2025-08-12 | 33.48% |
| 2025-08-11 | 33.50% |
| 2025-08-08 | 33.51% |
| 2025-08-07 | 33.50% |
| 2025-08-06 | 33.52% |
| 2025-08-05 | 33.50% |
| 2025-08-04 | 36.56% |
| 2025-08-01 | 27.12% |
| 2025-07-31 | 27.12% |
| 2025-07-30 | 27.17% |
| 2025-07-29 | 27.12% |
| 2025-07-28 | 27.13% |
| 2025-07-25 | 27.18% |
| 2025-07-24 | 27.12% |
| 2025-07-23 | 27.17% |
| 2025-07-22 | 27.17% |
| 2025-07-21 | 33.49% |
| 2025-07-18 | 33.50% |
Showing the most recent 260 of 2,228 data points. The chart above shows the full history.
| 80.0% |
| 2020 | $0.38 | $0.00 | 0.0% |
| 2019 | $1.12 | $0.42 | 37.6% |
| 2018 | $2.60 | $0.44 | 16.8% |
| 2017 | ($1.54) | $0.00 | N/A (Loss) |
| 2016 | $6.56 | $1.19 | 18.2% |
| 2015 | $3.35 | $1.90 | 56.8% |
| 2014 | $2.27 | $0.88 | 38.9% |
| 2013 | $1.05 | $0.34 | 32.9% |
| 2012 | $1.88 | $0.67 | 35.6% |
| 2011 | $1.27 | $0.41 | 32.6% |
| 2010 | $1.43 | $0.51 | 35.4% |
| 2009 | $1.67 | $0.48 | 28.6% |
| 2008 | $3.21 | $0.34 | 10.5% |
| 2007 | $0.78 | $0.03 | 3.3% |
| 2006 | ($0.02) | $0.03 | N/A (Loss) |
| 2005 | ($0.22) | $0.03 | N/A (Loss) |
| 2004 | $1.39 | $0.02 | 1.6% |
| 2003 | $0.26 | $0.01 | 5.0% |
| 2002 | ($0.22) | $0.01 | N/A (Loss) |
| 2001 | $0.14 | $0.01 | 9.3% |
| 2000 | ($0.36) | $0.01 | N/A (Loss) |
| 1999 | $0.05 | $0.01 | 20.5% |
| 1998 | $0.05 | $0.02 | 34.1% |
| 1997 | $0.30 | $0.00 | 0.0% |