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 25.63% is in line with its 5-year average of 26.22%, around the middle of its 5-year range (12.60%–53.28%).
As of Tuesday, September 8, 2026. 2.95% below its 12-month average of 26.41%.
Dividend Payout Ratio (25.63%) = TTM Dividends/Share ($6.19) / TTM EPS ($24.15)
DIVIDEND PAYOUT RATIO
25.63%
DIVIDEND PAYOUT RATIO AVG TTM
26.41%
DIVIDEND PAYOUT RATIO AVG 3Y
28.21%
DIVIDEND PAYOUT RATIO AVG 5Y
26.22%
DIVIDEND PAYOUT RATIO AVG 10Y
16.24%
DIVIDEND PAYOUT RATIO AVG 15Y
11.40%
DIVIDEND PAYOUT RATIO AVG 20Y
8.54%
CURRENT VS TTM AVG
-2.95%
CURRENT VS 3Y AVG
-9.16%
CURRENT VS 5Y AVG
-2.26%
CURRENT VS 10Y AVG
+57.82%
CURRENT VS 15Y AVG
+124.82%
CURRENT VS 20Y AVG
+200.15%
| Fiscal year end | EPS | Dividends (FY) | Payout Ratio |
|---|---|---|---|
| 2025-12-31 | $22.30 | $6.04 | 27.1% |
| 2024-12-31 | $12.25 | $5.60 | 45.7% |
| 2023-12-31 | $17.57 | $4.92 | 28.0% |
| 2022-12-31 | $21.66 | $4.48 | 20.7% |
| 2021-12-31 | $15.89 | $4.00 | 25.2% |
| 2020-12-31 | $23.17 |
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 |
|---|---|
| 2026-09-08 | 25.63% |
| 2026-09-04 | 19.16% |
| 2026-09-03 | 25.42% |
| 2026-09-02 | 25.42% |
| 2026-09-01 | 25.42% |
| 2026-08-31 | 25.42% |
| 2026-08-28 | 25.41% |
| 2026-08-27 | 25.41% |
| 2026-08-26 | 25.42% |
| 2026-08-25 | 25.41% |
| 2026-08-24 | 25.42% |
| 2026-08-21 | 25.42% |
| 2026-08-20 | 25.42% |
| 2026-08-19 | 25.41% |
| 2026-08-18 | 25.42% |
| 2026-08-17 | 25.42% |
| 2026-08-14 | 25.42% |
| 2026-08-13 | 25.42% |
| 2026-08-12 | 25.41% |
| 2026-08-11 | 25.42% |
| 2026-08-10 | 25.41% |
| 2026-08-07 | 25.41% |
| 2026-08-06 | 25.41% |
| 2026-08-05 | 25.42% |
| 2026-08-04 | 25.41% |
| 2026-08-03 | 25.40% |
| 2026-07-31 | 25.41% |
| 2026-07-30 | 25.42% |
| 2026-07-29 | 26.03% |
| 2026-07-28 | 26.04% |
| 2026-07-27 | 26.04% |
| 2026-07-24 | 26.04% |
| 2026-07-23 | 26.04% |
| 2026-07-22 | 26.04% |
| 2026-07-21 | 26.04% |
| 2026-07-20 | 26.04% |
| 2026-07-17 | 26.05% |
| 2026-07-16 | 26.05% |
| 2026-07-15 | 26.04% |
| 2026-07-14 | 26.03% |
| 2026-07-13 | 26.03% |
| 2026-07-10 | 26.05% |
| 2026-07-09 | 26.03% |
| 2026-07-08 | 26.05% |
| 2026-07-07 | 26.05% |
| 2026-07-06 | 26.04% |
| 2026-07-02 | 26.03% |
| 2026-07-01 | 26.04% |
| 2026-06-30 | 26.04% |
| 2026-06-29 | 26.04% |
| 2026-06-26 | 26.03% |
| 2026-06-25 | 26.03% |
| 2026-06-24 | 26.04% |
| 2026-06-23 | 26.05% |
| 2026-06-22 | 26.03% |
| 2026-06-18 | 26.03% |
| 2026-06-17 | 26.04% |
| 2026-06-16 | 26.04% |
| 2026-06-15 | 26.04% |
| 2026-06-12 | 26.04% |
| 2026-06-11 | 26.03% |
| 2026-06-10 | 26.03% |
| 2026-06-09 | 26.04% |
| 2026-06-08 | 26.03% |
| 2026-06-05 | 26.05% |
| 2026-06-04 | 26.03% |
| 2026-06-03 | 19.42% |
| 2026-06-02 | 25.84% |
| 2026-06-01 | 25.83% |
| 2026-05-29 | 25.82% |
| 2026-05-28 | 25.83% |
| 2026-05-27 | 25.83% |
| 2026-05-26 | 25.83% |
| 2026-05-22 | 25.83% |
| 2026-05-21 | 25.83% |
| 2026-05-20 | 25.84% |
| 2026-05-19 | 25.82% |
| 2026-05-18 | 25.83% |
| 2026-05-15 | 25.83% |
| 2026-05-14 | 25.83% |
| 2026-05-13 | 25.82% |
| 2026-05-12 | 25.83% |
| 2026-05-11 | 25.83% |
| 2026-05-08 | 25.83% |
| 2026-05-07 | 25.84% |
| 2026-05-06 | 25.83% |
| 2026-05-05 | 25.83% |
| 2026-05-04 | 25.83% |
| 2026-05-01 | 25.83% |
| 2026-04-30 | 25.82% |
| 2026-04-29 | 27.48% |
| 2026-04-28 | 27.47% |
| 2026-04-27 | 27.47% |
| 2026-04-24 | 27.46% |
| 2026-04-23 | 27.48% |
| 2026-04-22 | 27.47% |
| 2026-04-21 | 27.47% |
| 2026-04-20 | 27.48% |
| 2026-04-17 | 27.47% |
| 2026-04-16 | 27.48% |
| 2026-04-15 | 27.48% |
| 2026-04-14 | 27.48% |
| 2026-04-13 | 27.47% |
| 2026-04-10 | 27.48% |
| 2026-04-09 | 27.47% |
| 2026-04-08 | 27.47% |
| 2026-04-07 | 27.47% |
| 2026-04-06 | 27.48% |
| 2026-04-02 | 27.47% |
| 2026-04-01 | 27.47% |
| 2026-03-31 | 27.46% |
| 2026-03-30 | 27.47% |
| 2026-03-27 | 27.48% |
| 2026-03-26 | 27.46% |
| 2026-03-25 | 27.46% |
| 2026-03-24 | 27.46% |
| 2026-03-23 | 27.46% |
| 2026-03-20 | 27.48% |
| 2026-03-19 | 27.46% |
| 2026-03-18 | 27.48% |
| 2026-03-17 | 27.46% |
| 2026-03-16 | 27.46% |
| 2026-03-13 | 27.47% |
| 2026-03-12 | 27.46% |
| 2026-03-11 | 27.48% |
| 2026-03-10 | 27.48% |
| 2026-03-09 | 27.46% |
| 2026-03-06 | 27.46% |
| 2026-03-05 | 27.48% |
| 2026-03-04 | 27.24% |
| 2026-03-03 | 27.25% |
| 2026-03-02 | 27.25% |
| 2026-02-27 | 27.24% |
| 2026-02-26 | 27.25% |
| 2026-02-25 | 26.65% |
| 2026-02-24 | 26.65% |
| 2026-02-23 | 26.66% |
| 2026-02-20 | 26.65% |
| 2026-02-19 | 26.66% |
| 2026-02-18 | 26.65% |
| 2026-02-17 | 26.66% |
| 2026-02-13 | 26.65% |
| 2026-02-12 | 26.65% |
| 2026-02-11 | 26.66% |
| 2026-02-10 | 26.65% |
| 2026-02-09 | 26.65% |
| 2026-02-06 | 26.66% |
| 2026-02-05 | 26.66% |
| 2026-02-04 | 26.65% |
| 2026-02-03 | 26.65% |
| 2026-02-02 | 26.65% |
| 2026-01-30 | 26.66% |
| 2026-01-29 | 26.65% |
| 2026-01-28 | 26.65% |
| 2026-01-27 | 26.66% |
| 2026-01-26 | 26.64% |
| 2026-01-23 | 26.65% |
| 2026-01-22 | 26.65% |
| 2026-01-21 | 26.65% |
| 2026-01-20 | 26.65% |
| 2026-01-16 | 26.65% |
| 2026-01-15 | 26.66% |
| 2026-01-14 | 26.66% |
| 2026-01-13 | 26.67% |
| 2026-01-12 | 26.65% |
| 2026-01-09 | 26.65% |
| 2026-01-08 | 26.66% |
| 2026-01-07 | 26.66% |
| 2026-01-06 | 26.66% |
| 2026-01-05 | 26.65% |
| 2026-01-02 | 26.66% |
| 2025-12-31 | 26.66% |
| 2025-12-30 | 26.65% |
| 2025-12-29 | 26.65% |
| 2025-12-26 | 26.65% |
| 2025-12-24 | 26.66% |
| 2025-12-23 | 26.65% |
| 2025-12-22 | 26.65% |
| 2025-12-19 | 26.66% |
| 2025-12-18 | 26.65% |
| 2025-12-17 | 26.64% |
| 2025-12-16 | 26.64% |
| 2025-12-15 | 26.65% |
| 2025-12-12 | 26.65% |
| 2025-12-11 | 26.67% |
| 2025-12-10 | 26.66% |
| 2025-12-09 | 26.65% |
| 2025-12-08 | 26.65% |
| 2025-12-05 | 26.65% |
| 2025-12-04 | 26.66% |
| 2025-12-03 | 26.17% |
| 2025-12-02 | 26.18% |
| 2025-12-01 | 26.16% |
| 2025-11-28 | 26.18% |
| 2025-11-26 | 26.16% |
| 2025-11-25 | 26.18% |
| 2025-11-24 | 26.17% |
| 2025-11-21 | 26.16% |
| 2025-11-20 | 26.17% |
| 2025-11-19 | 26.16% |
| 2025-11-18 | 26.17% |
| 2025-11-17 | 26.16% |
| 2025-11-14 | 26.17% |
| 2025-11-13 | 26.16% |
| 2025-11-12 | 26.16% |
| 2025-11-11 | 26.18% |
| 2025-11-10 | 26.16% |
| 2025-11-07 | 26.18% |
| 2025-11-06 | 26.16% |
| 2025-11-05 | 26.18% |
| 2025-11-04 | 26.17% |
| 2025-11-03 | 26.16% |
| 2025-10-31 | 26.18% |
| 2025-10-30 | 26.16% |
| 2025-10-29 | 32.37% |
| 2025-10-28 | 32.36% |
| 2025-10-27 | 32.38% |
| 2025-10-24 | 32.36% |
| 2025-10-23 | 32.36% |
| 2025-10-22 | 32.38% |
| 2025-10-21 | 32.36% |
| 2025-10-20 | 32.37% |
| 2025-10-17 | 32.38% |
| 2025-10-16 | 32.37% |
| 2025-10-15 | 32.37% |
| 2025-10-14 | 32.37% |
| 2025-10-13 | 32.38% |
| 2025-10-10 | 32.38% |
| 2025-10-09 | 32.37% |
| 2025-10-08 | 32.36% |
| 2025-10-07 | 32.38% |
| 2025-10-06 | 32.37% |
| 2025-10-03 | 32.38% |
| 2025-10-02 | 32.37% |
| 2025-10-01 | 32.37% |
| 2025-09-30 | 32.36% |
| 2025-09-29 | 32.38% |
| 2025-09-26 | 32.37% |
| 2025-09-25 | 32.38% |
| 2025-09-24 | 32.37% |
| 2025-09-23 | 32.36% |
| 2025-09-22 | 32.36% |
| 2025-09-19 | 32.37% |
| 2025-09-18 | 32.36% |
| 2025-09-17 | 32.37% |
| 2025-09-16 | 32.37% |
| 2025-09-15 | 32.37% |
| 2025-09-12 | 32.38% |
| 2025-09-11 | 32.38% |
| 2025-09-10 | 32.37% |
| 2025-09-09 | 32.38% |
| 2025-09-08 | 32.36% |
| 2025-09-05 | 32.38% |
| 2025-09-04 | 32.38% |
| 2025-09-03 | 31.77% |
| 2025-09-02 | 31.76% |
| 2025-08-29 | 31.76% |
| 2025-08-28 | 31.77% |
| 2025-08-27 | 31.76% |
| 2025-08-26 | 31.76% |
Showing the most recent 260 of 2,653 data points. The chart above shows the full history.
| $0.04 |
| 0.2% |
| 2019-12-31 | $13.58 | $0.04 | 0.3% |
| 2018-12-31 | $10.69 | $0.04 | 0.4% |
| 2017-12-31 | $9.17 | $0.04 | 0.4% |
| 2016-12-31 | $7.31 | $0.04 | 0.5% |
| 2015-12-31 | $8.17 | $0.04 | 0.5% |
| 2014-12-31 | $7.97 | $0.04 | 0.5% |
| 2013-12-31 | $5.28 | $0.04 | 0.8% |
| 2012-12-31 | $5.70 | $0.04 | 0.7% |
| 2011-12-31 | $4.65 | $0.04 | 0.9% |
| 2010-12-31 | $4.69 | $0.04 | 0.9% |
| 2009-12-31 | $4.75 | $0.04 | 0.8% |
| 2008-12-31 | $1.05 | $0.04 | 3.8% |
| 2007-12-31 | $3.94 | $0.04 | 1.0% |
| 2006-12-31 | $3.49 | $0.03 | 1.0% |
| 2005-12-31 | $4.25 | $0.03 | 0.8% |
| 2004-12-31 | $3.51 | $0.13 | 3.8% |
| 2003-12-31 | $1.51 | $0.44 | 29.1% |
| 2002-12-31 | ($1.06) | $0.44 | N/A (Loss) |
| 2001-12-31 | $2.08 | $0.43 | 20.5% |
| 2000-12-31 | $1.96 | $0.41 | 21.1% |
| 1999-12-31 | $3.04 | $0.40 | 13.2% |
| 1998-12-31 | $2.04 | $0.38 | 18.7% |
| 1997-12-31 | $1.64 | $0.37 | 22.5% |
| 1996-12-31 | $1.54 | $0.36 | 23.1% |
