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 85.93% is 65% above its 5-year average of 52.15%, near the low end of its 5-year range (16.85%–317.08%).
As of Monday, October 5, 2026. 40.88% below its 12-month average of 145.35%.
Dividend Payout Ratio (85.93%) = TTM Dividends/Share ($1.10) / TTM EPS ($1.28)
Trailing-12-month dividend payout ratio; raw quarterly payout is intentionally not charted. Historical series through 2026-10-05.
DIVIDEND PAYOUT RATIO
85.93%
DIVIDEND PAYOUT RATIO AVG TTM
145.35%
DIVIDEND PAYOUT RATIO AVG 3Y
55.56%
DIVIDEND PAYOUT RATIO AVG 5Y
52.15%
DIVIDEND PAYOUT RATIO AVG 10Y
49.01%
DIVIDEND PAYOUT RATIO AVG 15Y
50.56%
DIVIDEND PAYOUT RATIO AVG 20Y
51.95%
CURRENT VS TTM AVG
-40.88%
CURRENT VS 3Y AVG
+54.64%
CURRENT VS 5Y AVG
+64.76%
CURRENT VS 10Y AVG
+75.32%
CURRENT VS 15Y AVG
+69.96%
CURRENT VS 20Y AVG
+65.40%
| Fiscal year end | EPS | Dividends (FY) | Payout Ratio |
|---|---|---|---|
| 2025-12-31 | $0.97 | $1.02 | 105.2% |
| 2024-12-31 | $2.45 | $1.00 | 40.8% |
| 2023-12-31 | $4.41 | $1.00 | 22.7% |
| 2022-12-31 | $2.19 | $0.96 | 43.8% |
| 2021-12-31 | $2.15 | $0.96 | 44.7% |
| 2020-12-31 | ($1.97) |
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 |
|---|---|
| 2026-10-05 | 85.93% |
| 2026-10-02 | 85.94% |
| 2026-10-01 | 85.95% |
| 2026-09-30 | 85.95% |
| 2026-09-29 | 85.95% |
| 2026-09-28 | 85.94% |
| 2026-09-25 | 85.95% |
| 2026-09-24 | 85.93% |
| 2026-09-23 | 85.93% |
| 2026-09-22 | 85.95% |
| 2026-09-21 | 85.94% |
| 2026-09-18 | 85.92% |
| 2026-09-17 | 85.93% |
| 2026-09-16 | 85.94% |
| 2026-09-15 | 85.95% |
| 2026-09-14 | 85.93% |
| 2026-09-11 | 85.94% |
| 2026-09-10 | 85.94% |
| 2026-09-09 | 85.94% |
| 2026-09-08 | 85.93% |
| 2026-09-04 | 85.92% |
| 2026-09-03 | 85.94% |
| 2026-09-02 | 85.95% |
| 2026-09-01 | 85.92% |
| 2026-08-31 | 85.95% |
| 2026-08-28 | 85.95% |
| 2026-08-27 | 85.95% |
| 2026-08-26 | 85.93% |
| 2026-08-25 | 85.92% |
| 2026-08-24 | 85.93% |
| 2026-08-21 | 85.92% |
| 2026-08-20 | 85.94% |
| 2026-08-19 | 85.93% |
| 2026-08-18 | 85.93% |
| 2026-08-17 | 85.95% |
| 2026-08-14 | 106.23% |
| 2026-08-13 | 84.38% |
| 2026-08-12 | 84.36% |
| 2026-08-11 | 84.37% |
| 2026-08-10 | 84.39% |
| 2026-08-07 | 88.53% |
| 2026-08-06 | 88.52% |
| 2026-08-05 | 88.53% |
| 2026-08-04 | 88.54% |
| 2026-08-03 | 88.53% |
| 2026-07-31 | 88.51% |
| 2026-07-30 | 88.54% |
| 2026-07-29 | 88.51% |
| 2026-07-28 | 88.52% |
| 2026-07-27 | 88.53% |
| 2026-07-24 | 88.54% |
| 2026-07-23 | 88.53% |
| 2026-07-22 | 88.52% |
| 2026-07-21 | 88.52% |
| 2026-07-20 | 88.52% |
| 2026-07-17 | 88.51% |
| 2026-07-16 | 88.51% |
| 2026-07-15 | 88.52% |
| 2026-07-14 | 88.54% |
| 2026-07-13 | 88.51% |
| 2026-07-10 | 88.51% |
| 2026-07-09 | 88.53% |
| 2026-07-08 | 88.53% |
| 2026-07-07 | 88.53% |
| 2026-07-06 | 88.53% |
| 2026-07-02 | 88.52% |
| 2026-07-01 | 88.52% |
| 2026-06-30 | 88.54% |
| 2026-06-29 | 88.51% |
| 2026-06-26 | 88.53% |
| 2026-06-25 | 88.52% |
| 2026-06-24 | 88.53% |
| 2026-06-23 | 88.52% |
| 2026-06-22 | 88.54% |
| 2026-06-18 | 88.53% |
| 2026-06-17 | 88.51% |
| 2026-06-16 | 88.52% |
| 2026-06-15 | 88.52% |
| 2026-06-12 | 88.51% |
| 2026-06-11 | 88.54% |
| 2026-06-10 | 88.53% |
| 2026-06-09 | 88.52% |
| 2026-06-08 | 88.51% |
| 2026-06-05 | 88.54% |
| 2026-06-04 | 88.54% |
| 2026-06-03 | 88.51% |
| 2026-06-02 | 88.53% |
| 2026-06-01 | 88.53% |
| 2026-05-29 | 88.53% |
| 2026-05-28 | 88.51% |
| 2026-05-27 | 88.52% |
| 2026-05-26 | 88.52% |
| 2026-05-22 | 88.52% |
| 2026-05-21 | 88.52% |
| 2026-05-20 | 88.52% |
| 2026-05-19 | 88.54% |
| 2026-05-18 | 88.52% |
| 2026-05-15 | 109.00% |
| 2026-05-14 | 86.06% |
| 2026-05-13 | 86.06% |
| 2026-05-12 | 124.99% |
| 2026-05-11 | 124.99% |
| 2026-05-08 | 125.00% |
| 2026-05-07 | 125.00% |
| 2026-05-06 | 125.01% |
| 2026-05-05 | 125.01% |
| 2026-05-04 | 125.00% |
| 2026-05-01 | 124.99% |
| 2026-04-30 | 125.00% |
| 2026-04-29 | 124.99% |
| 2026-04-28 | 124.99% |
| 2026-04-27 | 124.99% |
| 2026-04-24 | 124.99% |
| 2026-04-23 | 125.00% |
| 2026-04-22 | 125.01% |
| 2026-04-21 | 125.01% |
| 2026-04-20 | 125.01% |
| 2026-04-17 | 124.99% |
| 2026-04-16 | 124.99% |
| 2026-04-15 | 125.01% |
| 2026-04-14 | 125.00% |
| 2026-04-13 | 124.99% |
| 2026-04-10 | 125.01% |
| 2026-04-09 | 125.00% |
| 2026-04-08 | 125.01% |
| 2026-04-07 | 124.99% |
| 2026-04-06 | 125.00% |
| 2026-04-02 | 124.99% |
| 2026-04-01 | 125.01% |
| 2026-03-31 | 125.00% |
| 2026-03-30 | 125.01% |
| 2026-03-27 | 125.01% |
| 2026-03-26 | 124.99% |
| 2026-03-25 | 124.99% |
| 2026-03-24 | 124.99% |
| 2026-03-23 | 125.00% |
| 2026-03-20 | 124.99% |
| 2026-03-19 | 124.99% |
| 2026-03-18 | 124.99% |
| 2026-03-17 | 125.01% |
| 2026-03-16 | 125.00% |
| 2026-03-13 | 256.10% |
| 2026-03-12 | 256.08% |
| 2026-03-11 | 256.11% |
| 2026-03-10 | 256.08% |
| 2026-03-09 | 256.09% |
| 2026-03-06 | 256.08% |
| 2026-03-05 | 256.10% |
| 2026-03-04 | 256.09% |
| 2026-03-03 | 256.11% |
| 2026-03-02 | 256.08% |
| 2026-02-27 | 256.09% |
| 2026-02-26 | 256.11% |
| 2026-02-25 | 256.09% |
| 2026-02-24 | 256.10% |
| 2026-02-23 | 256.10% |
| 2026-02-20 | 256.11% |
| 2026-02-19 | 256.11% |
| 2026-02-18 | 256.09% |
| 2026-02-17 | 256.11% |
| 2026-02-13 | 317.08% |
| 2026-02-12 | 248.78% |
| 2026-02-11 | 248.79% |
| 2026-02-10 | 248.79% |
| 2026-02-09 | 248.79% |
| 2026-02-06 | 248.79% |
| 2026-02-05 | 248.78% |
| 2026-02-04 | 248.77% |
| 2026-02-03 | 248.78% |
| 2026-02-02 | 248.77% |
| 2026-01-30 | 248.78% |
| 2026-01-29 | 248.79% |
| 2026-01-28 | 248.78% |
| 2026-01-27 | 248.77% |
| 2026-01-26 | 248.79% |
| 2026-01-23 | 248.77% |
| 2026-01-22 | 248.78% |
| 2026-01-21 | 248.78% |
| 2026-01-20 | 248.77% |
| 2026-01-16 | 248.77% |
| 2026-01-15 | 248.79% |
| 2026-01-14 | 248.78% |
| 2026-01-13 | 248.78% |
| 2026-01-12 | 248.78% |
| 2026-01-09 | 248.79% |
| 2026-01-08 | 248.78% |
| 2026-01-07 | 248.78% |
| 2026-01-06 | 248.78% |
| 2026-01-05 | 248.78% |
| 2026-01-02 | 248.78% |
| 2025-12-31 | 248.77% |
| 2025-12-30 | 248.78% |
| 2025-12-29 | 248.79% |
| 2025-12-26 | 248.79% |
| 2025-12-24 | 248.79% |
| 2025-12-23 | 248.78% |
| 2025-12-22 | 248.77% |
| 2025-12-19 | 248.77% |
| 2025-12-18 | 248.78% |
| 2025-12-17 | 248.77% |
| 2025-12-16 | 248.78% |
| 2025-12-15 | 248.79% |
| 2025-12-12 | 248.78% |
| 2025-12-11 | 248.78% |
| 2025-12-10 | 248.79% |
| 2025-12-09 | 248.79% |
| 2025-12-08 | 248.77% |
| 2025-12-05 | 248.78% |
| 2025-12-04 | 248.78% |
| 2025-12-03 | 248.77% |
| 2025-12-02 | 248.77% |
| 2025-12-01 | 248.79% |
| 2025-11-28 | 248.77% |
| 2025-11-26 | 248.77% |
| 2025-11-25 | 248.77% |
| 2025-11-24 | 248.79% |
| 2025-11-21 | 248.79% |
| 2025-11-20 | 248.77% |
| 2025-11-19 | 248.78% |
| 2025-11-18 | 248.78% |
| 2025-11-17 | 248.77% |
| 2025-11-14 | 309.75% |
| 2025-11-13 | 246.35% |
| 2025-11-12 | 246.35% |
| 2025-11-11 | 246.33% |
| 2025-11-10 | 246.33% |
| 2025-11-07 | 46.97% |
| 2025-11-06 | 46.97% |
| 2025-11-05 | 46.97% |
| 2025-11-04 | 46.97% |
| 2025-11-03 | 46.97% |
| 2025-10-31 | 46.99% |
| 2025-10-30 | 46.97% |
| 2025-10-29 | 46.97% |
| 2025-10-28 | 46.98% |
| 2025-10-27 | 46.99% |
| 2025-10-24 | 46.97% |
| 2025-10-23 | 46.97% |
| 2025-10-22 | 46.98% |
| 2025-10-21 | 46.99% |
| 2025-10-20 | 46.99% |
| 2025-10-17 | 46.99% |
| 2025-10-16 | 46.99% |
| 2025-10-15 | 46.98% |
| 2025-10-14 | 46.97% |
| 2025-10-13 | 46.99% |
| 2025-10-10 | 46.97% |
| 2025-10-09 | 46.97% |
| 2025-10-08 | 46.96% |
| 2025-10-07 | 46.99% |
| 2025-10-06 | 46.98% |
| 2025-10-03 | 46.99% |
| 2025-10-02 | 46.98% |
| 2025-10-01 | 46.97% |
| 2025-09-30 | 46.99% |
| 2025-09-29 | 46.98% |
| 2025-09-26 | 46.99% |
| 2025-09-25 | 46.97% |
| 2025-09-24 | 46.97% |
| 2025-09-23 | 46.97% |
Showing the most recent 260 of 2,432 data points. The chart above shows the full history.
| $0.96 |
| N/A (Loss) |
| 2019-12-31 | $2.64 | $0.96 | 36.4% |
| 2018-12-31 | $1.42 | $0.89 | 62.7% |
| 2017-12-31 | $1.70 | $0.88 | 51.8% |
| 2016-12-31 | $1.86 | $0.88 | 47.3% |
| 2015-12-31 | $2.07 | $0.85 | 41.1% |
| 2014-12-31 | $1.63 | $0.84 | 51.3% |
| 2013-12-31 | $1.73 | $0.83 | 48.1% |
| 2012-12-31 | $1.73 | $0.83 | 48.1% |
| 2011-12-31 | $1.82 | $0.82 | 45.1% |
| 2005-12-31 | $1.25 | $0.45 | 35.6% |
| 2004-12-31 | $0.70 | $0.39 | 55.1% |
| 2003-12-31 | $0.62 | $0.38 | 60.7% |
| 2002-12-31 | $0.93 | $0.37 | 39.4% |
