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 14.83% is 43% below its 5-year average of 25.95%, near the low end of its 5-year range (9.18%–86.97%).
As of Saturday, August 8, 2026. 34.63% below its 12-month average of 22.69%.
Dividend Payout Ratio (14.83%) = TTM Dividends/Share ($2.00) / TTM EPS ($13.48)
DIVIDEND PAYOUT RATIO
14.83%
DIVIDEND PAYOUT RATIO AVG TTM
22.69%
DIVIDEND PAYOUT RATIO AVG 3Y
23.82%
DIVIDEND PAYOUT RATIO AVG 5Y
21.24%
DIVIDEND PAYOUT RATIO AVG 10Y
40.65%
DIVIDEND PAYOUT RATIO AVG 15Y
32.29%
DIVIDEND PAYOUT RATIO AVG 20Y
24.63%
CURRENT VS TTM AVG
-34.63%
CURRENT VS 3Y AVG
-37.74%
CURRENT VS 5Y AVG
-30.18%
CURRENT VS 10Y AVG
-63.52%
CURRENT VS 15Y AVG
-54.07%
CURRENT VS 20Y AVG
-39.78%
| Year | EPS | Dividend | Payout Ratio |
|---|---|---|---|
| 2025 | $8.98 | $2.00 | 22.3% |
| 2024 | $6.75 | $2.00 | 29.6% |
| 2023 | $7.89 | $1.60 | 20.3% |
| 2022 | $16.46 | $1.50 | 9.1% |
| 2021 | $4.27 | $1.20 | 28.1% |
| 2020 | $1.48 | $1.20 |
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 |
|---|---|
| 2026-08-07 | 14.83% |
| 2026-08-06 | 14.82% |
| 2026-08-05 | 14.82% |
| 2026-08-04 | 17.97% |
| 2026-08-03 | 17.97% |
| 2026-07-31 | 17.97% |
| 2026-07-30 | 17.97% |
| 2026-07-29 | 17.97% |
| 2026-07-28 | 17.96% |
| 2026-07-27 | 17.97% |
| 2026-07-24 | 17.97% |
| 2026-07-23 | 17.96% |
| 2026-07-22 | 17.97% |
| 2026-07-21 | 17.97% |
| 2026-07-20 | 17.97% |
| 2026-07-17 | 17.97% |
| 2026-07-16 | 17.97% |
| 2026-07-15 | 17.98% |
| 2026-07-14 | 17.97% |
| 2026-07-13 | 17.96% |
| 2026-07-10 | 17.96% |
| 2026-07-09 | 17.96% |
| 2026-07-08 | 17.96% |
| 2026-07-07 | 17.97% |
| 2026-07-06 | 17.97% |
| 2026-07-02 | 17.97% |
| 2026-07-01 | 17.97% |
| 2026-06-30 | 17.98% |
| 2026-06-29 | 17.97% |
| 2026-06-26 | 17.98% |
| 2026-06-25 | 17.97% |
| 2026-06-24 | 17.96% |
| 2026-06-23 | 17.97% |
| 2026-06-22 | 17.97% |
| 2026-06-18 | 17.97% |
| 2026-06-17 | 17.97% |
| 2026-06-16 | 17.98% |
| 2026-06-15 | 17.96% |
| 2026-06-12 | 17.98% |
| 2026-06-11 | 17.96% |
| 2026-06-10 | 17.98% |
| 2026-06-09 | 17.98% |
| 2026-06-08 | 17.96% |
| 2026-06-05 | 17.98% |
| 2026-06-04 | 17.97% |
| 2026-06-03 | 17.98% |
| 2026-06-02 | 17.98% |
| 2026-06-01 | 17.97% |
| 2026-05-29 | 17.96% |
| 2026-05-28 | 17.97% |
| 2026-05-27 | 17.96% |
| 2026-05-26 | 17.98% |
| 2026-05-22 | 17.96% |
| 2026-05-21 | 17.96% |
| 2026-05-20 | 17.97% |
| 2026-05-19 | 17.97% |
| 2026-05-18 | 17.97% |
| 2026-05-15 | 17.97% |
| 2026-05-14 | 17.97% |
| 2026-05-13 | 17.98% |
| 2026-05-12 | 17.98% |
| 2026-05-11 | 17.96% |
| 2026-05-08 | 17.96% |
| 2026-05-07 | 17.96% |
| 2026-05-06 | 22.23% |
| 2026-05-05 | 22.23% |
| 2026-05-04 | 22.23% |
| 2026-05-01 | 22.22% |
| 2026-04-30 | 22.22% |
| 2026-04-29 | 22.23% |
| 2026-04-28 | 22.22% |
| 2026-04-27 | 22.23% |
| 2026-04-24 | 22.23% |
| 2026-04-23 | 22.22% |
| 2026-04-22 | 22.23% |
| 2026-04-21 | 22.22% |
| 2026-04-20 | 22.22% |
| 2026-04-17 | 22.22% |
| 2026-04-16 | 22.23% |
| 2026-04-15 | 22.22% |
| 2026-04-14 | 22.23% |
| 2026-04-13 | 22.22% |
| 2026-04-10 | 22.22% |
| 2026-04-09 | 22.21% |
| 2026-04-08 | 22.23% |
| 2026-04-07 | 22.22% |
| 2026-04-06 | 22.22% |
| 2026-04-02 | 22.22% |
| 2026-04-01 | 22.22% |
| 2026-03-31 | 22.23% |
| 2026-03-30 | 22.22% |
| 2026-03-27 | 22.22% |
| 2026-03-26 | 22.22% |
| 2026-03-25 | 22.22% |
| 2026-03-24 | 22.22% |
| 2026-03-23 | 22.22% |
| 2026-03-20 | 22.23% |
| 2026-03-19 | 22.22% |
| 2026-03-18 | 22.22% |
| 2026-03-17 | 22.22% |
| 2026-03-16 | 22.22% |
| 2026-03-13 | 22.23% |
| 2026-03-12 | 22.22% |
| 2026-03-11 | 22.23% |
| 2026-03-10 | 22.23% |
| 2026-03-09 | 22.23% |
| 2026-03-06 | 22.21% |
| 2026-03-05 | 22.22% |
| 2026-03-04 | 22.21% |
| 2026-03-03 | 22.22% |
| 2026-03-02 | 22.22% |
| 2026-02-27 | 22.22% |
| 2026-02-26 | 22.23% |
| 2026-02-25 | 22.22% |
| 2026-02-24 | 24.10% |
| 2026-02-23 | 24.10% |
| 2026-02-20 | 24.10% |
| 2026-02-19 | 24.09% |
| 2026-02-18 | 24.09% |
| 2026-02-17 | 24.10% |
| 2026-02-13 | 30.11% |
| 2026-02-12 | 24.09% |
| 2026-02-11 | 24.10% |
| 2026-02-10 | 24.09% |
| 2026-02-09 | 24.10% |
| 2026-02-06 | 24.09% |
| 2026-02-05 | 24.09% |
| 2026-02-04 | 24.10% |
| 2026-02-03 | 24.09% |
| 2026-02-02 | 24.09% |
| 2026-01-30 | 24.09% |
| 2026-01-29 | 24.10% |
| 2026-01-28 | 24.11% |
| 2026-01-27 | 24.09% |
| 2026-01-26 | 24.09% |
| 2026-01-23 | 24.10% |
| 2026-01-22 | 24.10% |
| 2026-01-21 | 24.10% |
| 2026-01-20 | 24.09% |
| 2026-01-16 | 24.09% |
| 2026-01-15 | 24.09% |
| 2026-01-14 | 24.10% |
| 2026-01-13 | 24.09% |
| 2026-01-12 | 24.09% |
| 2026-01-09 | 24.09% |
| 2026-01-08 | 24.10% |
| 2026-01-07 | 24.11% |
| 2026-01-06 | 24.09% |
| 2026-01-05 | 24.10% |
| 2026-01-02 | 24.09% |
| 2025-12-31 | 24.10% |
| 2025-12-30 | 24.10% |
| 2025-12-29 | 24.11% |
| 2025-12-26 | 24.09% |
| 2025-12-24 | 24.11% |
| 2025-12-23 | 24.08% |
| 2025-12-22 | 24.10% |
| 2025-12-19 | 24.09% |
| 2025-12-18 | 24.09% |
| 2025-12-17 | 24.10% |
| 2025-12-16 | 24.09% |
| 2025-12-15 | 24.10% |
| 2025-12-12 | 24.09% |
| 2025-12-11 | 24.10% |
| 2025-12-10 | 24.10% |
| 2025-12-09 | 24.09% |
| 2025-12-08 | 24.10% |
| 2025-12-05 | 24.09% |
| 2025-12-04 | 24.11% |
| 2025-12-03 | 24.09% |
| 2025-12-02 | 24.09% |
| 2025-12-01 | 24.09% |
| 2025-11-28 | 24.09% |
| 2025-11-26 | 24.10% |
| 2025-11-25 | 24.10% |
| 2025-11-24 | 24.11% |
| 2025-11-21 | 24.09% |
| 2025-11-20 | 24.09% |
| 2025-11-19 | 24.09% |
| 2025-11-18 | 24.08% |
| 2025-11-17 | 24.09% |
| 2025-11-14 | 30.13% |
| 2025-11-13 | 24.10% |
| 2025-11-12 | 24.09% |
| 2025-11-11 | 24.09% |
| 2025-11-10 | 24.09% |
| 2025-11-07 | 24.09% |
| 2025-11-06 | 24.09% |
| 2025-11-05 | 26.10% |
| 2025-11-04 | 26.11% |
| 2025-11-03 | 26.11% |
| 2025-10-31 | 26.10% |
| 2025-10-30 | 26.11% |
| 2025-10-29 | 26.12% |
| 2025-10-28 | 26.11% |
| 2025-10-27 | 26.11% |
| 2025-10-24 | 26.11% |
| 2025-10-23 | 26.11% |
| 2025-10-22 | 26.11% |
| 2025-10-21 | 26.10% |
| 2025-10-20 | 26.12% |
| 2025-10-17 | 26.10% |
| 2025-10-16 | 26.11% |
| 2025-10-15 | 26.10% |
| 2025-10-14 | 26.10% |
| 2025-10-13 | 26.12% |
| 2025-10-10 | 26.10% |
| 2025-10-09 | 26.11% |
| 2025-10-08 | 26.11% |
| 2025-10-07 | 26.12% |
| 2025-10-06 | 26.11% |
| 2025-10-03 | 26.11% |
| 2025-10-02 | 26.11% |
| 2025-10-01 | 26.10% |
| 2025-09-30 | 26.11% |
| 2025-09-29 | 26.12% |
| 2025-09-26 | 26.12% |
| 2025-09-25 | 26.11% |
| 2025-09-24 | 26.10% |
| 2025-09-23 | 26.12% |
| 2025-09-22 | 26.11% |
| 2025-09-19 | 26.11% |
| 2025-09-18 | 26.11% |
| 2025-09-17 | 26.11% |
| 2025-09-16 | 26.11% |
| 2025-09-15 | 26.10% |
| 2025-09-12 | 26.11% |
| 2025-09-11 | 26.10% |
| 2025-09-10 | 26.10% |
| 2025-09-09 | 26.10% |
| 2025-09-08 | 26.11% |
| 2025-09-05 | 26.11% |
| 2025-09-04 | 26.11% |
| 2025-09-03 | 26.12% |
| 2025-09-02 | 26.10% |
| 2025-08-29 | 26.11% |
| 2025-08-28 | 26.11% |
| 2025-08-27 | 26.10% |
| 2025-08-26 | 26.11% |
| 2025-08-25 | 26.11% |
| 2025-08-22 | 26.10% |
| 2025-08-21 | 26.10% |
| 2025-08-20 | 26.10% |
| 2025-08-19 | 26.12% |
| 2025-08-18 | 26.10% |
| 2025-08-15 | 26.10% |
| 2025-08-14 | 26.11% |
| 2025-08-13 | 26.11% |
| 2025-08-12 | 26.10% |
| 2025-08-11 | 26.12% |
| 2025-08-08 | 26.10% |
| 2025-08-07 | 26.11% |
| 2025-08-06 | 26.34% |
| 2025-08-05 | 26.36% |
| 2025-08-04 | 26.35% |
| 2025-08-01 | 26.34% |
| 2025-07-31 | 26.35% |
| 2025-07-30 | 26.36% |
| 2025-07-29 | 26.34% |
| 2025-07-28 | 26.35% |
Showing the most recent 260 of 2,496 data points. The chart above shows the full history.
| 81.4% |
| 2019 | $2.24 | $1.20 | 53.6% |
| 2018 | $1.25 | $1.20 | 96.0% |
| 2017 | $1.53 | $1.20 | 78.4% |
| 2016 | ($1.19) | $1.20 | N/A (Loss) |
| 2015 | $2.97 | $1.20 | 40.4% |
| 2014 | $5.43 | $1.00 | 18.4% |
| 2013 | $4.97 | $0.44 | 8.9% |
| 2012 | $5.79 | $0.32 | 5.5% |
| 2011 | $4.44 | $0.20 | 4.5% |
| 2010 | $1.08 | $0.08 | 7.4% |
| 2009 | $1.51 | $0.08 | 5.3% |
| 2008 | $2.47 | $0.08 | 3.2% |
| 2007 | $1.34 | $0.02 | 1.2% |
| 2006 | $0.12 | $0.02 | 13.3% |
| 2005 | ($0.14) | $0.00 | N/A (Loss) |
| 2004 | $0.25 | $0.00 | 0.0% |
| 2003 | ($0.07) | $0.00 | N/A (Loss) |
| 2002 | ($0.10) | $0.00 | N/A (Loss) |
| 2001 | ($0.27) | $0.00 | N/A (Loss) |
