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 71.57% is 28% below its 5-year average of 99.04%, near the low end of its 5-year range (9.33%–225.59%).
As of Monday, October 5, 2026. 21.61% below its 12-month average of 91.31%.
Dividend Payout Ratio (71.57%) = TTM Dividends/Share ($1.00) / TTM EPS ($1.40)
Trailing-12-month dividend payout ratio; raw quarterly payout is intentionally not charted. Historical series through 2026-10-05.
DIVIDEND PAYOUT RATIO
71.57%
DIVIDEND PAYOUT RATIO AVG TTM
91.31%
DIVIDEND PAYOUT RATIO AVG 3Y
107.50%
DIVIDEND PAYOUT RATIO AVG 5Y
99.04%
DIVIDEND PAYOUT RATIO AVG 10Y
91.47%
DIVIDEND PAYOUT RATIO AVG 15Y
79.25%
DIVIDEND PAYOUT RATIO AVG 20Y
67.19%
CURRENT VS TTM AVG
-21.61%
CURRENT VS 3Y AVG
-33.42%
CURRENT VS 5Y AVG
-27.73%
CURRENT VS 10Y AVG
-21.75%
CURRENT VS 15Y AVG
-9.68%
CURRENT VS 20Y AVG
+6.52%
| Fiscal year end | EPS | Dividends (FY) | Payout Ratio |
|---|---|---|---|
| 2026-07-31 | $1.42 | $1.00 | 70.4% |
| 2025-08-01 | $2.06 | $1.00 | 48.5% |
| 2024-07-31 | $1.84 | $4.15 | 225.5% |
| 2023-07-31 | $4.47 | $5.20 | 116.3% |
| 2022-07-31 | $5.69 | $5.20 | 91.4% |
| 2021-07-31 | $10.74 |
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 | 71.57% |
| 2026-10-02 | 71.57% |
| 2026-10-01 | 71.58% |
| 2026-09-30 | 71.57% |
| 2026-09-29 | 71.57% |
| 2026-09-28 | 71.58% |
| 2026-09-25 | 86.43% |
| 2026-09-24 | 86.42% |
| 2026-09-23 | 86.43% |
| 2026-09-22 | 86.43% |
| 2026-09-21 | 86.43% |
| 2026-09-18 | 86.42% |
| 2026-09-17 | 86.43% |
| 2026-09-16 | 86.42% |
| 2026-09-15 | 86.42% |
| 2026-09-14 | 86.42% |
| 2026-09-11 | 86.42% |
| 2026-09-10 | 86.43% |
| 2026-09-09 | 86.43% |
| 2026-09-08 | 86.43% |
| 2026-09-04 | 86.41% |
| 2026-09-03 | 86.42% |
| 2026-09-02 | 86.42% |
| 2026-09-01 | 86.42% |
| 2026-08-31 | 86.42% |
| 2026-08-28 | 86.42% |
| 2026-08-27 | 86.42% |
| 2026-08-26 | 86.42% |
| 2026-08-25 | 86.43% |
| 2026-08-24 | 86.42% |
| 2026-08-21 | 86.42% |
| 2026-08-20 | 86.41% |
| 2026-08-19 | 86.43% |
| 2026-08-18 | 86.42% |
| 2026-08-17 | 86.42% |
| 2026-08-14 | 86.41% |
| 2026-08-13 | 86.42% |
| 2026-08-12 | 86.41% |
| 2026-08-11 | 86.42% |
| 2026-08-10 | 86.42% |
| 2026-08-07 | 86.42% |
| 2026-08-06 | 86.43% |
| 2026-08-05 | 86.42% |
| 2026-08-04 | 86.41% |
| 2026-08-03 | 86.43% |
| 2026-07-31 | 86.42% |
| 2026-07-30 | 86.42% |
| 2026-07-29 | 86.42% |
| 2026-07-28 | 86.42% |
| 2026-07-27 | 86.42% |
| 2026-07-24 | 86.43% |
| 2026-07-23 | 86.41% |
| 2026-07-22 | 86.42% |
| 2026-07-21 | 86.42% |
| 2026-07-20 | 86.43% |
| 2026-07-17 | 108.03% |
| 2026-07-16 | 86.43% |
| 2026-07-15 | 86.41% |
| 2026-07-14 | 86.43% |
| 2026-07-13 | 86.42% |
| 2026-07-10 | 86.41% |
| 2026-07-09 | 86.43% |
| 2026-07-08 | 86.41% |
| 2026-07-07 | 86.42% |
| 2026-07-06 | 86.41% |
| 2026-07-02 | 86.43% |
| 2026-07-01 | 86.42% |
| 2026-06-30 | 86.42% |
| 2026-06-29 | 86.43% |
| 2026-06-26 | 86.41% |
| 2026-06-25 | 86.42% |
| 2026-06-24 | 86.42% |
| 2026-06-23 | 86.42% |
| 2026-06-22 | 86.43% |
| 2026-06-18 | 86.42% |
| 2026-06-17 | 86.42% |
| 2026-06-16 | 86.42% |
| 2026-06-15 | 86.43% |
| 2026-06-12 | 86.42% |
| 2026-06-11 | 86.42% |
| 2026-06-10 | 86.42% |
| 2026-03-04 | 133.34% |
| 2026-03-03 | 133.34% |
| 2026-03-02 | 133.32% |
| 2026-02-27 | 133.34% |
| 2026-02-26 | 133.34% |
| 2026-02-25 | 133.34% |
| 2026-02-24 | 133.32% |
| 2026-02-23 | 133.33% |
| 2026-02-20 | 133.33% |
| 2026-02-19 | 133.32% |
| 2026-02-18 | 133.32% |
| 2026-02-17 | 133.34% |
| 2026-02-13 | 133.34% |
| 2026-02-12 | 133.34% |
| 2026-02-11 | 133.33% |
| 2026-02-10 | 133.33% |
| 2026-02-09 | 133.33% |
| 2026-02-06 | 133.33% |
| 2026-02-05 | 133.33% |
| 2026-02-04 | 133.32% |
| 2026-02-03 | 133.33% |
| 2026-02-02 | 133.33% |
| 2026-01-30 | 133.33% |
| 2026-01-29 | 133.35% |
| 2026-01-28 | 133.33% |
| 2026-01-27 | 133.33% |
| 2026-01-26 | 133.33% |
| 2026-01-23 | 133.33% |
| 2026-01-22 | 133.34% |
| 2026-01-21 | 133.34% |
| 2026-01-20 | 133.33% |
| 2026-01-16 | 166.65% |
| 2026-01-15 | 133.32% |
| 2026-01-14 | 133.34% |
| 2026-01-13 | 133.34% |
| 2026-01-12 | 133.33% |
| 2026-01-09 | 133.32% |
| 2026-01-08 | 133.33% |
| 2026-01-07 | 133.32% |
| 2026-01-06 | 133.33% |
| 2026-01-05 | 133.33% |
| 2026-01-02 | 133.33% |
| 2025-12-31 | 133.35% |
| 2025-12-30 | 133.33% |
| 2025-12-29 | 133.32% |
| 2025-12-26 | 133.33% |
| 2025-12-24 | 133.32% |
| 2025-12-23 | 133.32% |
| 2025-12-22 | 133.33% |
| 2025-12-19 | 133.35% |
| 2025-12-18 | 133.35% |
| 2025-12-17 | 133.33% |
| 2025-12-16 | 133.33% |
| 2025-12-15 | 133.32% |
| 2025-12-12 | 133.33% |
| 2025-12-11 | 133.33% |
| 2025-12-10 | 133.35% |
| 2025-12-09 | 48.30% |
| 2025-12-08 | 48.31% |
| 2025-12-05 | 48.29% |
| 2025-12-04 | 48.31% |
| 2025-12-03 | 48.30% |
| 2025-12-02 | 48.32% |
| 2025-12-01 | 48.31% |
| 2025-11-28 | 48.32% |
| 2025-11-26 | 48.30% |
| 2025-11-25 | 48.30% |
| 2025-11-24 | 48.30% |
| 2025-11-21 | 48.32% |
| 2025-11-20 | 48.32% |
| 2025-11-19 | 48.33% |
| 2025-11-18 | 48.30% |
| 2025-11-17 | 48.31% |
| 2025-11-14 | 48.32% |
| 2025-11-13 | 48.32% |
| 2025-11-12 | 48.32% |
| 2025-11-11 | 48.31% |
| 2025-11-10 | 48.30% |
| 2025-11-07 | 48.30% |
| 2025-11-06 | 48.30% |
| 2025-11-05 | 48.32% |
| 2025-11-04 | 48.30% |
| 2025-11-03 | 48.29% |
| 2025-10-31 | 48.31% |
| 2025-10-30 | 48.31% |
| 2025-10-29 | 48.30% |
| 2025-10-28 | 48.31% |
| 2025-10-27 | 48.31% |
| 2025-10-24 | 48.30% |
| 2025-10-23 | 48.30% |
| 2025-10-22 | 48.31% |
| 2025-10-21 | 48.31% |
| 2025-10-20 | 48.32% |
| 2025-10-17 | 60.39% |
| 2025-10-16 | 48.30% |
| 2025-10-15 | 48.30% |
| 2025-10-14 | 48.32% |
| 2025-10-13 | 48.31% |
| 2025-10-10 | 48.30% |
| 2025-10-09 | 48.32% |
| 2025-10-08 | 48.31% |
| 2025-10-07 | 48.30% |
| 2025-10-06 | 48.31% |
| 2025-10-03 | 48.31% |
| 2025-10-02 | 48.31% |
| 2025-10-01 | 48.32% |
| 2025-09-30 | 48.32% |
| 2025-09-29 | 48.30% |
| 2025-09-26 | 38.77% |
| 2025-09-25 | 38.77% |
| 2025-09-24 | 38.76% |
| 2025-09-23 | 38.77% |
| 2025-09-22 | 38.76% |
| 2025-09-19 | 38.76% |
| 2025-09-18 | 38.76% |
| 2025-09-17 | 38.76% |
| 2025-09-16 | 38.76% |
| 2025-09-15 | 38.77% |
| 2025-09-12 | 38.75% |
| 2025-09-11 | 38.77% |
| 2025-09-10 | 38.76% |
| 2025-09-09 | 38.76% |
| 2025-09-08 | 38.76% |
| 2025-09-05 | 38.76% |
| 2025-09-04 | 38.76% |
| 2025-09-03 | 38.77% |
| 2025-09-02 | 38.76% |
| 2025-08-29 | 38.77% |
| 2025-08-27 | 38.76% |
| 2025-08-25 | 38.75% |
| 2025-08-21 | 38.76% |
| 2025-08-19 | 38.76% |
| 2025-08-15 | 38.75% |
| 2025-08-13 | 38.76% |
| 2025-08-11 | 38.77% |
| 2025-08-07 | 38.76% |
| 2025-08-05 | 38.76% |
| 2025-08-01 | 38.76% |
| 2025-07-30 | 38.76% |
| 2025-07-28 | 38.76% |
| 2025-07-24 | 38.75% |
| 2025-07-22 | 38.76% |
| 2025-07-18 | 48.45% |
| 2025-07-16 | 38.76% |
| 2025-07-14 | 38.77% |
| 2025-07-10 | 38.75% |
| 2025-07-08 | 38.75% |
| 2025-07-03 | 38.76% |
| 2025-07-01 | 38.75% |
| 2025-06-27 | 38.76% |
| 2025-06-25 | 38.76% |
| 2025-06-23 | 38.76% |
| 2025-06-18 | 38.76% |
| 2025-06-16 | 38.76% |
| 2025-06-12 | 38.76% |
| 2025-06-10 | 38.76% |
| 2025-06-06 | 38.77% |
| 2025-06-04 | 62.11% |
| 2025-06-02 | 62.11% |
| 2025-05-29 | 62.10% |
| 2025-05-27 | 62.11% |
| 2025-05-22 | 62.11% |
| 2025-05-20 | 62.11% |
| 2025-05-16 | 62.12% |
| 2025-05-14 | 62.12% |
| 2025-05-12 | 62.11% |
| 2025-05-08 | 62.11% |
| 2025-05-06 | 62.12% |
| 2025-05-02 | 62.12% |
| 2025-04-30 | 62.11% |
| 2025-04-28 | 62.11% |
| 2025-04-24 | 62.12% |
| 2025-04-22 | 62.10% |
| 2025-04-17 | 62.11% |
| 2025-04-15 | 62.11% |
| 2025-04-11 | 62.12% |
| 2025-04-09 | 127.35% |
| 2025-04-07 | 127.31% |
| 2025-04-03 | 127.33% |
Showing the most recent 260 of 2,440 data points. The chart above shows the full history.
| $2.30 |
| 21.4% |
| 2020-07-31 | ($1.36) | $2.60 | N/A (Loss) |
| 2019-07-31 | $9.29 | $8.05 | 86.7% |
| 2018-07-31 | $10.31 | $8.60 | 83.4% |
| 2017-07-31 | $8.40 | $8.15 | 97.0% |
| 2016-07-31 | $7.91 | $7.70 | 97.3% |
| 2015-07-31 | $6.85 | $7.10 | 103.6% |
| 2014-07-31 | $5.55 | $3.25 | 58.6% |
| 2013-07-31 | $4.95 | $2.25 | 45.5% |
| 2012-07-31 | $4.47 | $1.15 | 25.7% |
| 2011-07-31 | $3.70 | $0.88 | 23.8% |
| 2010-07-31 | $3.71 | $0.80 | 21.6% |
| 2009-07-31 | $2.94 | $0.80 | 27.2% |
| 2008-07-31 | $2.88 | $0.72 | 25.0% |
| 2007-07-31 | $5.86 | $0.56 | 9.6% |
| 2006-07-31 | $2.71 | $0.52 | 19.2% |
| 2005-07-31 | $2.65 | $0.59 | 22.3% |
| 2004-07-31 | $2.29 | $0.22 | 9.6% |
| 2003-07-31 | $2.13 | $0.02 | 0.9% |
| 2002-07-31 | $1.69 | $0.02 | 1.2% |
| 2001-07-31 | $0.88 | $0.02 | 2.3% |
| 2000-07-31 | $1.02 | $0.01 | 1.0% |
| 1999-07-31 | $1.16 | $0.02 | 1.7% |
| 1998-07-31 | $1.68 | $0.02 | 1.2% |
| 1997-07-31 | $1.42 | $0.02 | 1.4% |
