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 18.56% is 60% below its 5-year average of 45.86%, near the low end of its 5-year range (7.46%–126.32%).
As of Wednesday, August 5, 2026. 82.82% below its 12-month average of 108.00%.
Dividend Payout Ratio (18.56%) = TTM Dividends/Share ($3.00) / TTM EPS ($16.17)
DIVIDEND PAYOUT RATIO
18.56%
DIVIDEND PAYOUT RATIO AVG TTM
108.00%
DIVIDEND PAYOUT RATIO AVG 3Y
62.68%
DIVIDEND PAYOUT RATIO AVG 5Y
45.86%
DIVIDEND PAYOUT RATIO AVG 10Y
19.60%
DIVIDEND PAYOUT RATIO AVG 15Y
15.85%
DIVIDEND PAYOUT RATIO AVG 20Y
14.96%
CURRENT VS TTM AVG
-82.82%
CURRENT VS 3Y AVG
-70.39%
CURRENT VS 5Y AVG
-59.53%
CURRENT VS 10Y AVG
-5.30%
CURRENT VS 15Y AVG
+17.10%
CURRENT VS 20Y AVG
+24.07%
| Year | EPS | Dividend | Payout Ratio |
|---|---|---|---|
| 2025 | $4.03 | $2.60 | 64.5% |
| 2024 | $11.61 | $2.40 | 20.7% |
| 2023 | $11.98 | $2.40 | 20.0% |
| 2022 | $17.98 | $2.40 | 13.3% |
| 2021 | $27.04 | $2.60 | 9.6% |
| 2020 | $5.19 | $1.00 |
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 |
|---|---|
| 2026-08-05 | 18.56% |
| 2026-08-04 | 18.56% |
| 2026-08-03 | 18.56% |
| 2026-07-31 | 18.56% |
| 2026-07-30 | 18.56% |
| 2026-07-29 | 18.57% |
| 2026-07-28 | 18.56% |
| 2026-07-27 | 105.26% |
| 2026-07-24 | 105.26% |
| 2026-07-23 | 105.26% |
| 2026-07-22 | 105.26% |
| 2026-07-21 | 105.27% |
| 2026-07-20 | 105.26% |
| 2026-07-17 | 105.26% |
| 2026-07-16 | 105.26% |
| 2026-07-15 | 105.26% |
| 2026-07-14 | 105.26% |
| 2026-07-13 | 105.27% |
| 2026-07-10 | 105.26% |
| 2026-07-09 | 105.26% |
| 2026-07-08 | 105.26% |
| 2026-07-07 | 105.26% |
| 2026-07-06 | 105.27% |
| 2026-07-02 | 105.26% |
| 2026-07-01 | 105.27% |
| 2026-06-30 | 105.26% |
| 2026-06-29 | 105.27% |
| 2026-06-26 | 105.26% |
| 2026-06-25 | 105.26% |
| 2026-06-24 | 105.26% |
| 2026-06-23 | 105.27% |
| 2026-06-22 | 105.26% |
| 2026-06-18 | 105.26% |
| 2026-06-17 | 105.26% |
| 2026-06-16 | 105.26% |
| 2026-06-15 | 105.27% |
| 2026-06-12 | 105.27% |
| 2026-06-11 | 105.26% |
| 2026-06-10 | 105.27% |
| 2026-06-09 | 105.26% |
| 2026-06-08 | 105.26% |
| 2026-06-05 | 105.26% |
| 2026-06-04 | 105.26% |
| 2026-06-03 | 105.26% |
| 2026-06-02 | 105.27% |
| 2026-06-01 | 105.27% |
| 2026-05-29 | 105.26% |
| 2026-05-28 | 105.26% |
| 2026-05-27 | 105.27% |
| 2026-05-26 | 105.26% |
| 2026-05-22 | 126.31% |
| 2026-05-21 | 126.31% |
| 2026-05-20 | 126.31% |
| 2026-05-19 | 126.32% |
| 2026-05-18 | 98.24% |
| 2026-05-15 | 98.24% |
| 2026-05-14 | 98.25% |
| 2026-05-13 | 98.25% |
| 2026-05-12 | 98.25% |
| 2026-05-11 | 98.25% |
| 2026-05-08 | 98.24% |
| 2026-05-07 | 98.25% |
| 2026-05-06 | 94.60% |
| 2026-05-05 | 94.59% |
| 2026-05-04 | 94.59% |
| 2026-05-01 | 94.59% |
| 2026-04-30 | 94.60% |
| 2026-04-29 | 94.59% |
| 2026-04-28 | 94.60% |
| 2026-04-27 | 94.60% |
| 2026-04-24 | 94.60% |
| 2026-04-23 | 94.60% |
| 2026-04-22 | 94.60% |
| 2026-04-21 | 94.59% |
| 2026-04-20 | 94.60% |
| 2026-04-17 | 94.59% |
| 2026-04-16 | 94.60% |
| 2026-04-15 | 94.59% |
| 2026-04-14 | 94.59% |
| 2026-04-13 | 94.59% |
| 2026-04-10 | 94.59% |
| 2026-04-09 | 94.60% |
| 2026-04-08 | 94.59% |
| 2026-04-07 | 94.60% |
| 2026-04-06 | 94.59% |
| 2026-04-02 | 94.60% |
| 2026-04-01 | 94.59% |
| 2026-03-31 | 94.59% |
| 2026-03-30 | 94.60% |
| 2026-03-27 | 94.59% |
| 2026-03-26 | 94.60% |
| 2026-03-25 | 94.60% |
| 2026-03-24 | 94.60% |
| 2026-03-23 | 94.59% |
| 2026-03-20 | 94.59% |
| 2026-03-19 | 94.60% |
| 2026-03-18 | 94.60% |
| 2026-03-17 | 94.60% |
| 2026-03-16 | 94.59% |
| 2026-03-13 | 94.59% |
| 2026-03-12 | 94.60% |
| 2026-03-11 | 94.59% |
| 2026-03-10 | 94.60% |
| 2026-03-09 | 94.60% |
| 2026-03-06 | 94.60% |
| 2026-03-05 | 94.59% |
| 2026-03-04 | 94.60% |
| 2026-03-03 | 94.60% |
| 2026-03-02 | 94.60% |
| 2026-02-27 | 94.59% |
| 2026-02-26 | 94.60% |
| 2026-02-25 | 94.59% |
| 2026-02-24 | 94.60% |
| 2026-02-23 | 94.60% |
| 2026-02-20 | 94.59% |
| 2026-02-19 | 94.60% |
| 2026-02-18 | 84.39% |
| 2026-02-17 | 109.70% |
| 2026-02-13 | 109.71% |
| 2026-02-12 | 109.71% |
| 2026-02-11 | 109.70% |
| 2026-02-10 | 109.71% |
| 2026-02-09 | 109.70% |
| 2026-02-06 | 109.70% |
| 2026-02-05 | 109.70% |
| 2026-02-04 | 109.70% |
| 2026-02-03 | 109.71% |
| 2026-02-02 | 109.70% |
| 2026-01-30 | 109.71% |
| 2026-01-29 | 109.71% |
| 2026-01-28 | 109.71% |
| 2026-01-27 | 109.71% |
| 2026-01-26 | 109.70% |
| 2026-01-23 | 109.71% |
| 2026-01-22 | 109.71% |
| 2026-01-21 | 109.70% |
| 2026-01-20 | 109.71% |
| 2026-01-16 | 109.70% |
| 2026-01-15 | 109.71% |
| 2026-01-14 | 109.70% |
| 2026-01-13 | 109.70% |
| 2026-01-12 | 109.71% |
| 2026-01-09 | 109.71% |
| 2026-01-08 | 109.70% |
| 2026-01-07 | 109.71% |
| 2026-01-06 | 109.71% |
| 2026-01-05 | 109.70% |
| 2026-01-02 | 109.70% |
| 2025-12-31 | 109.70% |
| 2025-12-30 | 109.70% |
| 2025-12-29 | 109.70% |
| 2025-12-26 | 109.71% |
| 2025-12-24 | 109.71% |
| 2025-12-23 | 109.70% |
| 2025-12-22 | 109.70% |
| 2025-12-19 | 109.71% |
| 2025-12-18 | 109.71% |
| 2025-12-17 | 109.70% |
| 2025-12-16 | 109.71% |
| 2025-12-15 | 109.71% |
| 2025-12-12 | 109.71% |
| 2025-12-11 | 109.71% |
| 2025-12-10 | 109.70% |
| 2025-12-09 | 109.71% |
| 2025-12-08 | 109.71% |
| 2025-12-05 | 109.70% |
| 2025-12-04 | 109.70% |
| 2025-12-03 | 109.70% |
| 2025-12-02 | 109.70% |
| 2025-12-01 | 109.70% |
| 2025-11-28 | 109.70% |
| 2025-11-26 | 109.71% |
| 2025-11-25 | 109.71% |
| 2025-11-24 | 109.71% |
| 2025-11-21 | 109.71% |
| 2025-11-20 | 109.70% |
| 2025-11-19 | 109.70% |
| 2025-11-18 | 109.71% |
| 2025-11-17 | 109.70% |
| 2025-11-14 | 75.95% |
| 2025-11-13 | 101.27% |
| 2025-11-12 | 101.27% |
| 2025-11-11 | 101.26% |
| 2025-11-10 | 101.27% |
| 2025-11-07 | 101.27% |
| 2025-11-06 | 101.27% |
| 2025-11-05 | 101.27% |
| 2025-11-04 | 101.26% |
| 2025-11-03 | 101.26% |
| 2025-10-31 | 123.08% |
| 2025-10-30 | 123.08% |
| 2025-10-29 | 123.08% |
| 2025-10-28 | 123.08% |
| 2025-10-27 | 123.08% |
| 2025-10-24 | 123.08% |
| 2025-10-23 | 123.08% |
| 2025-10-22 | 123.08% |
| 2025-10-21 | 123.08% |
| 2025-10-20 | 123.08% |
| 2025-10-17 | 123.08% |
| 2025-10-16 | 123.08% |
| 2025-10-15 | 123.08% |
| 2025-10-14 | 123.08% |
| 2025-10-13 | 123.08% |
| 2025-10-10 | 123.08% |
| 2025-10-09 | 123.07% |
| 2025-10-08 | 123.08% |
| 2025-10-07 | 123.07% |
| 2025-10-06 | 123.08% |
| 2025-10-03 | 123.08% |
| 2025-10-02 | 123.08% |
| 2025-10-01 | 123.08% |
| 2025-09-30 | 123.08% |
| 2025-09-29 | 123.08% |
| 2025-09-26 | 123.08% |
| 2025-09-25 | 123.07% |
| 2025-09-24 | 123.08% |
| 2025-09-23 | 123.08% |
| 2025-09-22 | 123.07% |
| 2025-09-19 | 123.08% |
| 2025-09-18 | 123.08% |
| 2025-09-17 | 123.08% |
| 2025-09-16 | 123.07% |
| 2025-09-15 | 123.08% |
| 2025-09-12 | 123.08% |
| 2025-09-11 | 123.08% |
| 2025-09-10 | 123.08% |
| 2025-09-09 | 123.07% |
| 2025-09-08 | 123.07% |
| 2025-09-05 | 123.08% |
| 2025-09-04 | 123.08% |
| 2025-09-03 | 123.07% |
| 2025-09-02 | 123.08% |
| 2025-08-29 | 123.07% |
| 2025-08-28 | 123.07% |
| 2025-08-27 | 123.07% |
| 2025-08-26 | 123.07% |
| 2025-08-25 | 123.07% |
| 2025-08-22 | 123.08% |
| 2025-08-21 | 123.07% |
| 2025-08-20 | 123.08% |
| 2025-08-19 | 123.08% |
| 2025-08-18 | 123.07% |
| 2025-08-15 | 123.08% |
| 2025-08-14 | 92.30% |
| 2025-08-13 | 92.31% |
| 2025-08-12 | 92.30% |
| 2025-08-11 | 123.07% |
| 2025-08-08 | 123.07% |
| 2025-08-07 | 123.07% |
| 2025-08-06 | 123.08% |
| 2025-08-05 | 123.08% |
| 2025-08-04 | 123.08% |
| 2025-08-01 | 123.07% |
| 2025-07-31 | 123.08% |
| 2025-07-30 | 123.07% |
| 2025-07-29 | 20.15% |
| 2025-07-28 | 20.15% |
| 2025-07-25 | 20.15% |
| 2025-07-24 | 20.15% |
Showing the most recent 260 of 2,496 data points. The chart above shows the full history.
| 19.3% |
| 2019 | $11.10 | $1.60 | 14.4% |
| 2018 | $11.90 | $1.60 | 13.4% |
| 2017 | $3.52 | $1.60 | 45.5% |
| 2016 | $6.96 | $1.60 | 23.0% |
| 2015 | $7.15 | $1.50 | 21.0% |
| 2014 | $7.71 | $1.20 | 15.6% |
| 2013 | $7.05 | $0.95 | 13.5% |
| 2012 | $6.21 | $0.20 | 3.2% |
| 2011 | $6.85 | $0.20 | 2.9% |
| 2010 | $6.07 | $0.20 | 3.3% |
| 2009 | $0.75 | $0.53 | 70.0% |
| 2008 | ($0.21) | $1.50 | N/A (Loss) |
| 2007 | $4.02 | $0.11 | 2.7% |
| 2006 | $7.80 | $0.11 | 1.4% |
| 2005 | $6.98 | $0.11 | 1.5% |
| 2004 | $6.55 | $0.11 | 1.7% |
| 2003 | $5.05 | $0.11 | 2.1% |
| 2002 | $4.09 | $0.11 | 2.6% |
| 2001 | $3.06 | $0.11 | 3.5% |
| 2000 | $2.39 | $0.11 | 4.5% |
| 1999 | $1.84 | $0.11 | 5.9% |
| 1998 | $1.40 | $0.11 | 7.6% |
| 1997 | $0.96 | $0.11 | 11.1% |
| 1996 | $0.77 | $0.11 | 13.9% |
