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 51.76% is in line with its 5-year average of 54.22%, around the middle of its 5-year range (25.68%–95.30%).
As of Monday, July 27, 2026. 15.80% below its 12-month average of 61.48%.
Dividend Payout Ratio (51.76%) = TTM Dividends/Share ($1.75) / TTM EPS ($3.38)
DIVIDEND PAYOUT RATIO
51.76%
DIVIDEND PAYOUT RATIO AVG TTM
61.48%
DIVIDEND PAYOUT RATIO AVG 3Y
60.19%
DIVIDEND PAYOUT RATIO AVG 5Y
54.11%
DIVIDEND PAYOUT RATIO AVG 10Y
54.26%
DIVIDEND PAYOUT RATIO AVG 15Y
46.44%
DIVIDEND PAYOUT RATIO AVG 20Y
36.52%
CURRENT VS TTM AVG
-15.80%
CURRENT VS 3Y AVG
-14.00%
CURRENT VS 5Y AVG
-4.35%
CURRENT VS 10Y AVG
-4.61%
CURRENT VS 15Y AVG
+11.47%
CURRENT VS 20Y AVG
+41.72%
| Year | EPS | Dividend | Payout Ratio |
|---|---|---|---|
| 2025 | $3.76 | $1.69 | 45.0% |
| 2024 | $1.99 | $1.55 | 77.8% |
| 2023 | $2.82 | $1.36 | 48.4% |
| 2022 | $3.56 | $1.75 | 49.3% |
| 2021 | $2.56 | $0.78 | 30.6% |
| 2020 | ($0.14) | $0.62 |
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 |
|---|---|
| 2026-07-24 | 51.76% |
| 2026-07-23 | 51.77% |
| 2026-07-22 | 51.75% |
| 2026-07-21 | 51.75% |
| 2026-07-20 | 51.75% |
| 2026-07-17 | 51.78% |
| 2026-07-16 | 51.76% |
| 2026-07-15 | 51.75% |
| 2026-07-14 | 51.77% |
| 2026-07-13 | 51.78% |
| 2026-07-10 | 51.76% |
| 2026-07-09 | 51.76% |
| 2026-07-08 | 51.75% |
| 2026-07-07 | 51.77% |
| 2026-07-06 | 51.76% |
| 2026-07-02 | 51.78% |
| 2026-07-01 | 51.75% |
| 2026-06-30 | 51.78% |
| 2026-06-29 | 51.77% |
| 2026-06-26 | 51.75% |
| 2026-06-25 | 51.78% |
| 2026-06-24 | 51.76% |
| 2026-06-23 | 51.78% |
| 2026-06-22 | 38.72% |
| 2026-06-18 | 38.71% |
| 2026-06-17 | 38.73% |
| 2026-06-16 | 38.73% |
| 2026-06-15 | 38.73% |
| 2026-06-12 | 51.53% |
| 2026-06-11 | 51.52% |
| 2026-06-10 | 51.55% |
| 2026-06-09 | 51.55% |
| 2026-06-08 | 51.56% |
| 2026-06-05 | 51.54% |
| 2026-06-04 | 51.53% |
| 2026-06-03 | 51.54% |
| 2026-06-02 | 51.55% |
| 2026-06-01 | 51.55% |
| 2026-05-29 | 51.53% |
| 2026-05-28 | 51.53% |
| 2026-05-27 | 51.56% |
| 2026-05-26 | 51.56% |
| 2026-05-22 | 51.53% |
| 2026-05-21 | 51.55% |
| 2026-05-20 | 51.53% |
| 2026-05-19 | 51.53% |
| 2026-05-18 | 51.53% |
| 2026-05-15 | 51.55% |
| 2026-05-14 | 51.56% |
| 2026-05-13 | 51.56% |
| 2026-05-12 | 51.53% |
| 2026-05-11 | 51.54% |
| 2026-05-08 | 51.56% |
| 2026-05-07 | 51.55% |
| 2026-05-06 | 46.66% |
| 2026-05-05 | 46.67% |
| 2026-05-04 | 46.68% |
| 2026-05-01 | 46.67% |
| 2026-04-30 | 46.65% |
| 2026-04-29 | 46.68% |
| 2026-04-28 | 46.67% |
| 2026-04-27 | 46.67% |
| 2026-04-24 | 46.67% |
| 2026-04-23 | 46.67% |
| 2026-04-22 | 46.67% |
| 2026-04-21 | 46.66% |
| 2026-04-20 | 46.67% |
| 2026-04-17 | 46.68% |
| 2026-04-16 | 46.65% |
| 2026-04-15 | 46.66% |
| 2026-04-14 | 46.67% |
| 2026-04-13 | 46.67% |
| 2026-04-10 | 46.68% |
| 2026-04-09 | 46.66% |
| 2026-04-08 | 46.68% |
| 2026-04-07 | 46.67% |
| 2026-04-06 | 46.68% |
| 2026-04-02 | 46.66% |
| 2026-04-01 | 46.66% |
| 2026-03-31 | 46.65% |
| 2026-03-30 | 46.68% |
| 2026-03-27 | 46.67% |
| 2026-03-26 | 46.68% |
| 2026-03-25 | 46.65% |
| 2026-03-24 | 77.16% |
| 2026-03-23 | 77.18% |
| 2026-03-20 | 95.30% |
| 2026-03-19 | 75.13% |
| 2026-03-18 | 75.14% |
| 2026-03-17 | 75.12% |
| 2026-03-16 | 75.14% |
| 2026-03-13 | 75.12% |
| 2026-03-12 | 75.13% |
| 2026-03-11 | 75.13% |
| 2026-03-10 | 75.14% |
| 2026-03-09 | 75.14% |
| 2026-03-06 | 75.13% |
| 2026-03-05 | 75.13% |
| 2026-03-04 | 75.15% |
| 2026-03-03 | 75.12% |
| 2026-03-02 | 75.13% |
| 2026-02-27 | 75.12% |
| 2026-02-26 | 75.12% |
| 2026-02-25 | 75.13% |
| 2026-02-24 | 75.13% |
| 2026-02-23 | 75.13% |
| 2026-02-20 | 75.15% |
| 2026-02-19 | 75.13% |
| 2026-02-18 | 75.14% |
| 2026-02-17 | 75.12% |
| 2026-02-13 | 75.12% |
| 2026-02-12 | 75.14% |
| 2026-02-11 | 75.13% |
| 2026-02-10 | 75.12% |
| 2026-02-09 | 75.11% |
| 2026-02-06 | 75.12% |
| 2026-02-05 | 75.15% |
| 2026-02-04 | 75.13% |
| 2026-02-03 | 75.11% |
| 2026-02-02 | 75.13% |
| 2026-01-30 | 75.15% |
| 2026-01-29 | 75.14% |
| 2026-01-28 | 75.15% |
| 2026-01-27 | 75.15% |
| 2026-01-26 | 75.13% |
| 2026-01-23 | 75.13% |
| 2026-01-22 | 75.12% |
| 2026-01-21 | 75.15% |
| 2026-01-20 | 75.12% |
| 2026-01-16 | 75.14% |
| 2026-01-15 | 75.15% |
| 2026-01-14 | 75.14% |
| 2026-01-13 | 75.15% |
| 2026-01-12 | 75.14% |
| 2026-01-09 | 75.12% |
| 2026-01-08 | 75.15% |
| 2026-01-07 | 75.13% |
| 2026-01-06 | 75.11% |
| 2026-01-05 | 75.14% |
| 2026-01-02 | 75.11% |
| 2025-12-31 | 75.15% |
| 2025-12-30 | 75.12% |
| 2025-12-29 | 75.14% |
| 2025-12-26 | 75.15% |
| 2025-12-24 | 75.15% |
| 2025-12-23 | 75.11% |
| 2025-12-22 | 75.12% |
| 2025-12-19 | 75.12% |
| 2025-12-18 | 75.13% |
| 2025-12-17 | 75.11% |
| 2025-12-16 | 75.11% |
| 2025-12-15 | 75.12% |
| 2025-12-12 | 92.61% |
| 2025-12-11 | 73.73% |
| 2025-12-10 | 73.75% |
| 2025-12-09 | 73.73% |
| 2025-12-08 | 73.72% |
| 2025-12-05 | 73.71% |
| 2025-12-04 | 73.76% |
| 2025-12-03 | 73.74% |
| 2025-12-02 | 73.72% |
| 2025-12-01 | 73.72% |
| 2025-11-28 | 73.74% |
| 2025-11-26 | 73.73% |
| 2025-11-25 | 73.76% |
| 2025-11-24 | 73.75% |
| 2025-11-21 | 73.74% |
| 2025-11-20 | 73.74% |
| 2025-11-19 | 73.73% |
| 2025-11-18 | 73.72% |
| 2025-11-17 | 73.76% |
| 2025-11-14 | 73.73% |
| 2025-11-13 | 73.74% |
| 2025-11-12 | 73.73% |
| 2025-11-11 | 73.75% |
| 2025-11-10 | 73.73% |
| 2025-11-07 | 73.71% |
| 2025-11-06 | 73.74% |
| 2025-11-05 | 58.75% |
| 2025-11-04 | 58.75% |
| 2025-11-03 | 58.74% |
| 2025-10-31 | 58.75% |
| 2025-10-30 | 58.74% |
| 2025-10-29 | 58.77% |
| 2025-10-28 | 58.77% |
| 2025-10-27 | 58.77% |
| 2025-10-24 | 58.78% |
| 2025-10-23 | 58.78% |
| 2025-10-22 | 58.75% |
| 2025-10-21 | 58.78% |
| 2025-10-20 | 58.74% |
| 2025-10-17 | 58.74% |
| 2025-10-16 | 58.75% |
| 2025-10-15 | 58.75% |
| 2025-10-14 | 58.78% |
| 2025-10-13 | 58.74% |
| 2025-10-10 | 58.75% |
| 2025-10-09 | 58.73% |
| 2025-10-08 | 58.78% |
| 2025-10-07 | 58.75% |
| 2025-10-06 | 58.74% |
| 2025-10-03 | 58.74% |
| 2025-10-02 | 58.78% |
| 2025-10-01 | 58.76% |
| 2025-09-30 | 58.76% |
| 2025-09-29 | 58.74% |
| 2025-09-26 | 58.77% |
| 2025-09-25 | 58.76% |
| 2025-09-24 | 58.76% |
| 2025-09-23 | 58.74% |
| 2025-09-22 | 58.74% |
| 2025-09-19 | 58.78% |
| 2025-09-18 | 43.68% |
| 2025-09-17 | 43.68% |
| 2025-09-16 | 43.68% |
| 2025-09-15 | 43.67% |
| 2025-09-12 | 57.36% |
| 2025-09-11 | 57.35% |
| 2025-09-10 | 57.34% |
| 2025-09-09 | 57.34% |
| 2025-09-08 | 57.35% |
| 2025-09-05 | 57.32% |
| 2025-09-04 | 57.36% |
| 2025-09-03 | 57.34% |
| 2025-09-02 | 57.33% |
| 2025-08-29 | 57.34% |
| 2025-08-28 | 57.33% |
| 2025-08-27 | 57.33% |
| 2025-08-26 | 57.34% |
| 2025-08-25 | 57.35% |
| 2025-08-22 | 57.34% |
| 2025-08-21 | 57.32% |
| 2025-08-20 | 57.36% |
| 2025-08-19 | 57.33% |
| 2025-08-18 | 57.37% |
| 2025-08-15 | 57.34% |
| 2025-08-14 | 57.33% |
| 2025-08-13 | 57.37% |
| 2025-08-12 | 57.33% |
| 2025-08-11 | 57.35% |
| 2025-08-08 | 57.36% |
| 2025-08-07 | 57.35% |
| 2025-08-06 | 63.51% |
| 2025-08-05 | 63.51% |
| 2025-08-04 | 63.48% |
| 2025-08-01 | 63.48% |
| 2025-07-31 | 63.50% |
| 2025-07-30 | 63.51% |
| 2025-07-29 | 63.51% |
| 2025-07-28 | 63.48% |
| 2025-07-25 | 63.51% |
| 2025-07-24 | 63.52% |
| 2025-07-23 | 63.49% |
| 2025-07-22 | 63.48% |
| 2025-07-21 | 63.48% |
| 2025-07-18 | 63.49% |
| 2025-07-17 | 63.48% |
| 2025-07-16 | 63.52% |
| 2025-07-15 | 63.50% |
| 2025-07-14 | 63.47% |
Showing the most recent 260 of 2,401 data points. The chart above shows the full history.
| N/A (Loss) |
| 2019 | $1.75 | $0.55 | 31.7% |
| 2018 | $0.78 | $0.71 | 92.0% |
| 2017 | $0.81 | $0.42 | 51.5% |
| 2016 | ($0.07) | $0.35 | N/A (Loss) |
| 2015 | ($0.21) | $0.34 | N/A (Loss) |
| 2014 | $1.55 | $0.39 | 25.3% |
| 2013 | $0.98 | $0.27 | 27.3% |
| 2012 | $0.87 | $0.20 | 23.5% |
| 2011 | $1.18 | $0.18 | 14.8% |
| 2010 | $0.78 | $0.14 | 18.0% |
| 2009 | $0.69 | $0.09 | 13.1% |
| 2008 | $1.89 | $0.09 | 4.8% |
| 2007 | $1.21 | $0.08 | 6.4% |
| 2006 | $1.01 | $0.06 | 6.3% |
| 2005 | $0.42 | $0.05 | 11.9% |
| 2004 | $0.55 | $0.04 | 7.8% |
| 2003 | $0.25 | $0.04 | 14.7% |
| 2002 | $0.10 | $0.03 | 31.7% |
| 2001 | $0.11 | $0.02 | 19.4% |
| 2000 | $0.14 | $0.00 | 0.0% |
| 1999 | $0.04 | $0.00 | 0.0% |
| 1998 | $0.01 | $0.00 | 0.0% |
| 1997 | $0.03 | $0.00 | 0.0% |
| 1996 | $0.03 | $0.00 | 0.0% |