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 58.96% is in line with its 5-year average of 64.98%, near the low end of its 5-year range (42.50%–121.18%).
As of Monday, October 5, 2026. 4.41% below its 12-month average of 61.69%.
Dividend Payout Ratio (58.96%) = TTM Dividends/Share ($1.48) / TTM EPS ($2.51)
Trailing-12-month dividend payout ratio; raw quarterly payout is intentionally not charted. Historical series through 2026-10-05.
DIVIDEND PAYOUT RATIO
58.96%
DIVIDEND PAYOUT RATIO AVG TTM
61.69%
DIVIDEND PAYOUT RATIO AVG 3Y
61.39%
DIVIDEND PAYOUT RATIO AVG 5Y
64.98%
DIVIDEND PAYOUT RATIO AVG 10Y
73.89%
DIVIDEND PAYOUT RATIO AVG 15Y
85.14%
DIVIDEND PAYOUT RATIO AVG 20Y
78.02%
CURRENT VS TTM AVG
-4.41%
CURRENT VS 3Y AVG
-3.94%
CURRENT VS 5Y AVG
-9.26%
CURRENT VS 10Y AVG
-20.20%
CURRENT VS 15Y AVG
-30.74%
CURRENT VS 20Y AVG
-24.42%
| Fiscal year end | EPS | Dividends (FY) | Payout Ratio |
|---|---|---|---|
| 2025-12-31 | $2.31 | $1.45 | 62.8% |
| 2024-12-31 | $2.56 | $1.44 | 56.3% |
| 2023-12-31 | $1.79 | $1.38 | 77.1% |
| 2022-12-31 | $1.55 | $1.20 | 77.4% |
| 2021-12-31 | $1.92 | $1.14 | 59.4% |
| 2020-12-31 | ($6.92) |
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 | 58.96% |
| 2026-10-02 | 58.95% |
| 2026-10-01 | 58.98% |
| 2026-09-30 | 58.94% |
| 2026-09-29 | 58.96% |
| 2026-09-28 | 58.98% |
| 2026-09-25 | 58.97% |
| 2026-09-24 | 58.99% |
| 2026-09-23 | 58.94% |
| 2026-09-22 | 58.97% |
| 2026-09-21 | 58.95% |
| 2026-09-18 | 58.94% |
| 2026-09-17 | 58.95% |
| 2026-09-16 | 58.96% |
| 2026-09-15 | 58.95% |
| 2026-09-14 | 58.98% |
| 2026-09-11 | 58.98% |
| 2026-09-10 | 58.97% |
| 2026-09-09 | 58.97% |
| 2026-09-08 | 58.97% |
| 2026-09-04 | 58.96% |
| 2026-09-03 | 58.96% |
| 2026-09-02 | 58.94% |
| 2026-09-01 | 58.96% |
| 2026-08-31 | 58.97% |
| 2026-08-28 | 73.31% |
| 2026-08-27 | 58.58% |
| 2026-08-26 | 58.59% |
| 2026-08-25 | 58.55% |
| 2026-08-24 | 58.58% |
| 2026-08-21 | 58.54% |
| 2026-08-20 | 58.58% |
| 2026-08-19 | 58.57% |
| 2026-08-18 | 58.54% |
| 2026-08-17 | 58.55% |
| 2026-08-14 | 58.55% |
| 2026-08-13 | 58.55% |
| 2026-08-12 | 58.57% |
| 2026-08-11 | 58.55% |
| 2026-08-10 | 58.55% |
| 2026-08-07 | 58.58% |
| 2026-08-06 | 58.55% |
| 2026-08-05 | 58.57% |
| 2026-08-04 | 58.56% |
| 2026-08-03 | 58.57% |
| 2026-07-31 | 58.57% |
| 2026-07-30 | 58.56% |
| 2026-07-29 | 58.55% |
| 2026-07-28 | 58.57% |
| 2026-07-27 | 58.56% |
| 2026-07-24 | 58.56% |
| 2026-07-23 | 58.55% |
| 2026-07-22 | 58.57% |
| 2026-07-21 | 58.58% |
| 2026-07-20 | 58.58% |
| 2026-07-17 | 58.55% |
| 2026-07-16 | 58.56% |
| 2026-07-15 | 58.58% |
| 2026-07-14 | 58.57% |
| 2026-07-13 | 58.56% |
| 2026-07-10 | 58.57% |
| 2026-07-09 | 58.58% |
| 2026-07-08 | 58.57% |
| 2026-07-07 | 58.58% |
| 2026-07-06 | 58.54% |
| 2026-07-02 | 58.58% |
| 2026-07-01 | 58.56% |
| 2026-06-30 | 58.57% |
| 2026-06-29 | 58.59% |
| 2026-06-26 | 58.57% |
| 2026-06-25 | 58.58% |
| 2026-06-24 | 58.56% |
| 2026-06-23 | 58.57% |
| 2026-06-22 | 58.57% |
| 2026-06-18 | 58.56% |
| 2026-06-17 | 58.56% |
| 2026-06-16 | 58.55% |
| 2026-06-15 | 58.56% |
| 2026-06-12 | 58.55% |
| 2026-06-11 | 58.57% |
| 2026-06-10 | 58.57% |
| 2026-06-09 | 58.56% |
| 2026-06-08 | 58.54% |
| 2026-06-05 | 58.58% |
| 2026-06-04 | 58.55% |
| 2026-06-03 | 58.56% |
| 2026-06-02 | 58.59% |
| 2026-06-01 | 58.55% |
| 2026-05-29 | 72.92% |
| 2026-05-28 | 58.17% |
| 2026-05-27 | 58.17% |
| 2026-05-26 | 58.17% |
| 2026-05-22 | 58.14% |
| 2026-05-21 | 58.16% |
| 2026-05-20 | 58.16% |
| 2026-05-19 | 58.19% |
| 2026-05-18 | 58.18% |
| 2026-05-15 | 58.16% |
| 2026-05-14 | 58.16% |
| 2026-05-13 | 58.18% |
| 2026-05-12 | 58.17% |
| 2026-05-11 | 58.16% |
| 2026-05-08 | 58.18% |
| 2026-05-07 | 58.18% |
| 2026-05-06 | 58.16% |
| 2026-05-05 | 64.62% |
| 2026-05-04 | 64.59% |
| 2026-05-01 | 64.60% |
| 2026-04-30 | 64.61% |
| 2026-04-29 | 64.58% |
| 2026-04-28 | 64.62% |
| 2026-04-27 | 64.61% |
| 2026-04-24 | 64.61% |
| 2026-04-23 | 64.60% |
| 2026-04-22 | 64.59% |
| 2026-04-21 | 64.59% |
| 2026-04-20 | 64.59% |
| 2026-04-17 | 64.60% |
| 2026-04-16 | 64.61% |
| 2026-04-15 | 64.62% |
| 2026-04-14 | 64.58% |
| 2026-04-13 | 64.59% |
| 2026-04-10 | 64.58% |
| 2026-04-09 | 64.58% |
| 2026-04-08 | 64.61% |
| 2026-04-07 | 64.61% |
| 2026-04-06 | 64.62% |
| 2026-04-02 | 64.60% |
| 2026-04-01 | 64.58% |
| 2026-03-31 | 64.62% |
| 2026-03-30 | 64.58% |
| 2026-03-27 | 64.58% |
| 2026-03-26 | 64.60% |
| 2026-03-25 | 64.59% |
| 2026-03-24 | 64.58% |
| 2026-03-23 | 64.61% |
| 2026-03-20 | 64.62% |
| 2026-03-19 | 64.62% |
| 2026-03-18 | 64.59% |
| 2026-03-17 | 64.59% |
| 2026-03-16 | 64.61% |
| 2026-03-13 | 64.62% |
| 2026-03-12 | 64.60% |
| 2026-03-11 | 64.63% |
| 2026-03-10 | 64.61% |
| 2026-03-09 | 64.63% |
| 2026-03-06 | 64.60% |
| 2026-03-05 | 64.61% |
| 2026-03-04 | 64.62% |
| 2026-03-03 | 64.60% |
| 2026-03-02 | 64.60% |
| 2026-02-27 | 80.54% |
| 2026-02-26 | 65.29% |
| 2026-02-25 | 65.31% |
| 2026-02-24 | 65.31% |
| 2026-02-23 | 65.34% |
| 2026-02-20 | 65.33% |
| 2026-02-19 | 65.32% |
| 2026-02-18 | 65.31% |
| 2026-02-17 | 65.32% |
| 2026-02-13 | 65.29% |
| 2026-02-12 | 65.33% |
| 2026-02-11 | 65.33% |
| 2026-02-10 | 65.30% |
| 2026-02-09 | 65.30% |
| 2026-02-06 | 65.33% |
| 2026-02-05 | 65.31% |
| 2026-02-04 | 65.33% |
| 2026-02-03 | 65.31% |
| 2026-02-02 | 65.30% |
| 2026-01-30 | 65.31% |
| 2026-01-29 | 65.31% |
| 2026-01-28 | 65.34% |
| 2026-01-27 | 65.34% |
| 2026-01-26 | 65.29% |
| 2026-01-23 | 65.32% |
| 2026-01-22 | 65.29% |
| 2026-01-21 | 65.32% |
| 2026-01-20 | 65.31% |
| 2026-01-16 | 65.30% |
| 2026-01-15 | 65.34% |
| 2026-01-14 | 65.33% |
| 2026-01-13 | 65.30% |
| 2026-01-12 | 65.33% |
| 2026-01-09 | 65.34% |
| 2026-01-08 | 65.34% |
| 2026-01-07 | 65.33% |
| 2026-01-06 | 65.32% |
| 2026-01-05 | 65.30% |
| 2026-01-02 | 65.32% |
| 2025-12-31 | 65.31% |
| 2025-12-30 | 65.34% |
| 2025-12-29 | 65.31% |
| 2025-12-26 | 65.32% |
| 2025-12-24 | 65.31% |
| 2025-12-23 | 65.33% |
| 2025-12-22 | 65.30% |
| 2025-12-19 | 65.34% |
| 2025-12-18 | 65.32% |
| 2025-12-17 | 65.31% |
| 2025-12-16 | 65.30% |
| 2025-12-15 | 65.34% |
| 2025-12-12 | 65.31% |
| 2025-12-11 | 65.31% |
| 2025-12-10 | 65.31% |
| 2025-12-09 | 65.31% |
| 2025-12-08 | 65.33% |
| 2025-12-05 | 65.30% |
| 2025-12-04 | 65.32% |
| 2025-12-03 | 65.32% |
| 2025-12-02 | 65.29% |
| 2025-12-01 | 65.32% |
| 2025-11-28 | 81.55% |
| 2025-11-26 | 64.84% |
| 2025-11-25 | 64.86% |
| 2025-11-24 | 64.89% |
| 2025-11-21 | 64.87% |
| 2025-11-20 | 64.89% |
| 2025-11-19 | 64.87% |
| 2025-11-18 | 64.86% |
| 2025-11-17 | 64.87% |
| 2025-11-14 | 64.86% |
| 2025-11-13 | 64.85% |
| 2025-11-12 | 64.89% |
| 2025-11-11 | 64.88% |
| 2025-11-10 | 64.86% |
| 2025-11-07 | 64.86% |
| 2025-11-06 | 64.86% |
| 2025-11-05 | 57.12% |
| 2025-11-04 | 57.12% |
| 2025-11-03 | 57.13% |
| 2025-10-31 | 57.12% |
| 2025-10-30 | 57.17% |
| 2025-10-29 | 57.16% |
| 2025-10-28 | 57.14% |
| 2025-10-27 | 57.15% |
| 2025-10-24 | 57.12% |
| 2025-10-23 | 57.16% |
| 2025-10-22 | 57.14% |
| 2025-10-21 | 57.16% |
| 2025-10-20 | 57.12% |
| 2025-10-17 | 57.14% |
| 2025-10-16 | 57.13% |
| 2025-10-15 | 57.13% |
| 2025-10-14 | 57.14% |
| 2025-10-13 | 57.13% |
| 2025-10-10 | 57.14% |
| 2025-10-09 | 57.13% |
| 2025-10-08 | 57.12% |
| 2025-10-07 | 57.13% |
| 2025-10-06 | 57.16% |
| 2025-10-03 | 57.14% |
| 2025-10-02 | 57.14% |
| 2025-10-01 | 57.13% |
| 2025-09-30 | 57.12% |
| 2025-09-29 | 57.13% |
| 2025-09-26 | 57.14% |
| 2025-09-25 | 57.15% |
| 2025-09-24 | 57.16% |
| 2025-09-23 | 57.13% |
Showing the most recent 260 of 2,328 data points. The chart above shows the full history.
| $1.34 |
| N/A (Loss) |
| 2019-12-31 | $1.61 | $1.40 | 87.0% |
| 2018-12-31 | $1.44 | $1.14 | 79.2% |
| 2017-12-31 | $1.12 | $0.88 | 78.6% |
| 2016-12-31 | $1.06 | $1.53 | 144.3% |
| 2015-12-31 | $1.01 | $1.34 | 132.7% |
| 2014-12-31 | $0.79 | $0.94 | 119.0% |
| 2013-12-31 | $0.87 | $0.41 | 47.1% |
| 2012-12-31 | $0.90 | $0.98 | 108.9% |
| 2011-12-31 | $0.65 | $0.27 | 41.5% |
| 2009-12-31 | ($2.36) | $0.07 | N/A (Loss) |
| 2008-12-31 | $0.82 | $0.58 | 70.7% |
| 2007-12-31 | $1.06 | $0.66 | 62.3% |
| 2006-12-31 | $1.61 | $0.57 | 35.4% |
| 2005-12-31 | $1.57 | $0.39 | 24.8% |
| 2004-12-31 | $1.32 | $0.26 | 19.5% |
| 2003-12-31 | $1.21 | $0.14 | 11.8% |
