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 119.08% is 73% above its 5-year average of 68.71%, near the high end of its 5-year range (44.36%–119.08%).
As of Friday, September 11, 2026. 48.76% above its 12-month average of 80.05%.
Dividend Payout Ratio (119.08%) = TTM Dividends/Share ($1.56) / TTM EPS ($1.31)
Trailing-12-month dividend payout ratio; raw quarterly payout is intentionally not charted. Historical series through 2026-09-11.
DIVIDEND PAYOUT RATIO
119.08%
DIVIDEND PAYOUT RATIO AVG TTM
80.05%
DIVIDEND PAYOUT RATIO AVG 3Y
77.21%
DIVIDEND PAYOUT RATIO AVG 5Y
68.71%
DIVIDEND PAYOUT RATIO AVG 10Y
63.60%
DIVIDEND PAYOUT RATIO AVG 15Y
61.11%
DIVIDEND PAYOUT RATIO AVG 20Y
56.00%
CURRENT VS TTM AVG
+48.76%
CURRENT VS 3Y AVG
+54.24%
CURRENT VS 5Y AVG
+73.31%
CURRENT VS 10Y AVG
+87.23%
CURRENT VS 15Y AVG
+94.86%
CURRENT VS 20Y AVG
+112.64%
| Fiscal year end | EPS | Dividends (FY) | Payout Ratio |
|---|---|---|---|
| 2026-08-02 | $1.34 | $1.56 | 116.4% |
| 2025-08-03 | $2.02 | $1.54 | 76.2% |
| 2024-07-31 | $1.90 | $1.48 | 77.9% |
| 2023-07-31 | $2.87 | $1.48 | 51.6% |
| 2022-07-31 | $2.51 | $1.48 | 59.0% |
| 2021-07-31 | $3.31 |
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 |
|---|---|
| 2026-09-11 | 119.08% |
| 2026-09-10 | 119.05% |
| 2026-09-09 | 119.07% |
| 2026-09-08 | 119.08% |
| 2026-09-04 | 119.08% |
| 2026-09-03 | 76.84% |
| 2026-09-02 | 76.82% |
| 2026-09-01 | 76.85% |
| 2026-08-31 | 76.88% |
| 2026-08-28 | 76.83% |
| 2026-08-27 | 76.86% |
| 2026-08-26 | 76.82% |
| 2026-08-25 | 76.84% |
| 2026-08-24 | 76.84% |
| 2026-08-21 | 76.86% |
| 2026-08-20 | 76.85% |
| 2026-08-19 | 76.85% |
| 2026-08-18 | 76.84% |
| 2026-08-17 | 76.83% |
| 2026-08-14 | 76.82% |
| 2026-08-13 | 76.86% |
| 2026-08-12 | 76.83% |
| 2026-08-11 | 76.83% |
| 2026-08-10 | 76.82% |
| 2026-08-07 | 76.82% |
| 2026-08-06 | 76.82% |
| 2026-08-05 | 76.82% |
| 2026-08-04 | 76.83% |
| 2026-08-03 | 76.85% |
| 2026-07-31 | 76.86% |
| 2026-07-30 | 76.87% |
| 2026-07-29 | 76.84% |
| 2026-07-28 | 76.87% |
| 2026-07-27 | 76.85% |
| 2026-07-24 | 76.86% |
| 2026-07-23 | 76.87% |
| 2026-07-22 | 76.86% |
| 2026-07-21 | 76.81% |
| 2026-07-20 | 76.83% |
| 2026-07-17 | 76.87% |
| 2026-07-16 | 76.86% |
| 2026-07-15 | 76.82% |
| 2026-07-14 | 76.87% |
| 2026-07-13 | 76.84% |
| 2026-07-10 | 76.83% |
| 2026-07-09 | 76.87% |
| 2026-07-08 | 76.83% |
| 2026-07-07 | 76.84% |
| 2026-07-06 | 76.83% |
| 2026-07-02 | 96.08% |
| 2026-07-01 | 76.84% |
| 2026-06-30 | 76.84% |
| 2026-06-29 | 76.81% |
| 2026-06-26 | 76.87% |
| 2026-06-25 | 76.85% |
| 2026-06-24 | 76.88% |
| 2026-06-23 | 76.86% |
| 2026-06-22 | 76.85% |
| 2026-06-18 | 76.86% |
| 2026-06-17 | 76.85% |
| 2026-06-16 | 76.82% |
| 2026-06-15 | 76.85% |
| 2026-06-12 | 76.87% |
| 2026-06-11 | 76.87% |
| 2026-06-10 | 76.84% |
| 2026-06-09 | 76.84% |
| 2026-06-08 | 84.79% |
| 2026-06-05 | 84.76% |
| 2026-06-04 | 84.77% |
| 2026-06-03 | 84.80% |
| 2026-06-02 | 84.80% |
| 2026-06-01 | 84.81% |
| 2026-05-29 | 84.76% |
| 2026-05-28 | 84.75% |
| 2026-05-27 | 84.77% |
| 2026-05-26 | 84.78% |
| 2026-05-22 | 84.75% |
| 2026-05-21 | 84.81% |
| 2026-05-20 | 84.79% |
| 2026-05-19 | 84.75% |
| 2026-05-18 | 84.75% |
| 2026-05-15 | 84.82% |
| 2026-05-14 | 84.75% |
| 2026-05-13 | 84.78% |
| 2026-05-12 | 84.77% |
| 2026-05-11 | 84.77% |
| 2026-05-08 | 84.81% |
| 2026-05-07 | 84.79% |
| 2026-05-06 | 84.77% |
| 2026-05-05 | 84.75% |
| 2026-05-04 | 84.77% |
| 2026-05-01 | 84.81% |
| 2026-04-30 | 84.79% |
| 2026-04-29 | 84.75% |
| 2026-04-28 | 84.76% |
| 2026-04-27 | 84.79% |
| 2026-04-24 | 84.81% |
| 2026-04-23 | 84.77% |
| 2026-04-22 | 84.82% |
| 2026-04-21 | 84.75% |
| 2026-04-20 | 84.75% |
| 2026-04-17 | 84.80% |
| 2026-04-16 | 84.78% |
| 2026-04-15 | 84.81% |
| 2026-04-14 | 84.79% |
| 2026-04-13 | 84.77% |
| 2026-04-10 | 84.76% |
| 2026-04-09 | 84.79% |
| 2026-04-08 | 84.75% |
| 2026-04-07 | 84.80% |
| 2026-04-06 | 84.80% |
| 2026-04-02 | 105.96% |
| 2026-04-01 | 84.76% |
| 2026-03-31 | 84.76% |
| 2026-03-30 | 84.75% |
| 2026-03-27 | 84.77% |
| 2026-03-26 | 84.81% |
| 2026-03-25 | 84.78% |
| 2026-03-24 | 84.75% |
| 2026-03-23 | 84.76% |
| 2026-03-20 | 84.77% |
| 2026-03-19 | 84.79% |
| 2026-03-18 | 84.81% |
| 2026-03-17 | 84.80% |
| 2026-03-16 | 84.82% |
| 2026-03-13 | 84.79% |
| 2026-03-12 | 84.81% |
| 2026-03-11 | 80.38% |
| 2026-03-10 | 80.40% |
| 2026-03-09 | 80.44% |
| 2026-03-06 | 80.42% |
| 2026-03-05 | 80.43% |
| 2026-03-04 | 80.39% |
| 2026-03-03 | 80.43% |
| 2026-03-02 | 80.43% |
| 2026-02-27 | 80.40% |
| 2026-02-26 | 80.44% |
| 2026-02-25 | 80.39% |
| 2026-02-24 | 80.40% |
| 2026-02-23 | 80.39% |
| 2026-02-20 | 80.41% |
| 2026-02-19 | 80.43% |
| 2026-02-18 | 80.41% |
| 2026-02-17 | 80.39% |
| 2026-02-13 | 80.41% |
| 2026-02-12 | 80.42% |
| 2026-02-11 | 80.39% |
| 2026-02-10 | 80.43% |
| 2026-02-09 | 80.40% |
| 2026-02-06 | 80.41% |
| 2026-02-05 | 80.42% |
| 2026-02-04 | 80.39% |
| 2026-02-03 | 80.44% |
| 2026-02-02 | 80.41% |
| 2026-01-30 | 80.40% |
| 2026-01-29 | 80.40% |
| 2026-01-28 | 80.43% |
| 2026-01-27 | 80.42% |
| 2026-01-26 | 80.41% |
| 2026-01-23 | 80.42% |
| 2026-01-22 | 80.44% |
| 2026-01-21 | 80.44% |
| 2026-01-20 | 80.42% |
| 2026-01-16 | 80.39% |
| 2026-01-15 | 80.44% |
| 2026-01-14 | 80.41% |
| 2026-01-13 | 80.42% |
| 2026-01-12 | 80.39% |
| 2026-01-09 | 80.39% |
| 2026-01-08 | 80.42% |
| 2026-01-07 | 60.33% |
| 2026-01-06 | 60.30% |
| 2026-01-05 | 60.32% |
| 2026-01-02 | 60.29% |
| 2025-12-31 | 80.43% |
| 2025-12-30 | 80.39% |
| 2025-12-29 | 80.41% |
| 2025-12-26 | 80.41% |
| 2025-12-24 | 80.39% |
| 2025-12-23 | 80.42% |
| 2025-12-22 | 80.43% |
| 2025-12-19 | 80.40% |
| 2025-12-18 | 80.42% |
| 2025-12-17 | 80.42% |
| 2025-12-16 | 80.39% |
| 2025-12-15 | 80.40% |
| 2025-12-12 | 80.39% |
| 2025-12-11 | 80.39% |
| 2025-12-10 | 80.44% |
| 2025-12-09 | 77.59% |
| 2025-12-08 | 77.64% |
| 2025-12-05 | 77.63% |
| 2025-12-04 | 77.63% |
| 2025-12-03 | 77.63% |
| 2025-12-02 | 77.61% |
| 2025-12-01 | 77.62% |
| 2025-11-28 | 77.59% |
| 2025-11-26 | 77.59% |
| 2025-11-25 | 77.59% |
| 2025-11-24 | 77.62% |
| 2025-11-21 | 77.61% |
| 2025-11-20 | 77.59% |
| 2025-11-19 | 77.59% |
| 2025-11-18 | 77.62% |
| 2025-11-17 | 77.62% |
| 2025-11-14 | 77.63% |
| 2025-11-13 | 77.63% |
| 2025-11-12 | 77.62% |
| 2025-11-11 | 77.63% |
| 2025-11-10 | 77.59% |
| 2025-11-07 | 77.59% |
| 2025-11-06 | 77.64% |
| 2025-11-05 | 77.64% |
| 2025-11-04 | 77.61% |
| 2025-11-03 | 77.61% |
| 2025-10-31 | 77.61% |
| 2025-10-30 | 77.61% |
| 2025-10-29 | 77.64% |
| 2025-10-28 | 77.60% |
| 2025-10-27 | 77.63% |
| 2025-10-24 | 77.62% |
| 2025-10-23 | 77.62% |
| 2025-10-22 | 77.60% |
| 2025-10-21 | 77.62% |
| 2025-10-20 | 77.60% |
| 2025-10-17 | 77.60% |
| 2025-10-16 | 77.62% |
| 2025-10-15 | 77.61% |
| 2025-10-14 | 77.59% |
| 2025-10-13 | 77.63% |
| 2025-10-10 | 77.62% |
| 2025-10-09 | 77.61% |
| 2025-10-08 | 77.62% |
| 2025-10-07 | 77.62% |
| 2025-10-06 | 77.63% |
| 2025-10-03 | 77.63% |
| 2025-10-02 | 96.01% |
| 2025-10-01 | 76.64% |
| 2025-09-30 | 76.61% |
| 2025-09-29 | 76.63% |
| 2025-09-26 | 76.62% |
| 2025-09-25 | 76.59% |
| 2025-09-24 | 76.61% |
| 2025-09-23 | 76.61% |
| 2025-09-22 | 76.63% |
| 2025-09-19 | 76.61% |
| 2025-09-18 | 101.98% |
| 2025-09-17 | 102.00% |
| 2025-09-16 | 102.01% |
| 2025-09-15 | 102.00% |
| 2025-09-12 | 102.00% |
| 2025-09-11 | 102.00% |
| 2025-09-10 | 101.99% |
| 2025-09-09 | 102.01% |
| 2025-09-08 | 101.99% |
| 2025-09-05 | 102.00% |
| 2025-09-04 | 101.99% |
| 2025-09-03 | 102.00% |
| 2025-09-02 | 102.01% |
| 2025-08-29 | 102.01% |
Showing the most recent 260 of 2,623 data points. The chart above shows the full history.
| $1.46 |
| 44.1% |
| 2020-07-31 | $5.39 | $1.40 | 26.0% |
| 2019-07-31 | $0.70 | $1.40 | 200.0% |
| 2018-07-31 | $0.87 | $1.40 | 160.9% |
| 2017-07-31 | $2.91 | $1.40 | 48.1% |
| 2016-07-31 | $1.82 | $1.25 | 68.6% |
| 2015-07-31 | $2.21 | $1.25 | 56.5% |
| 2014-07-31 | $2.61 | $1.25 | 47.8% |
| 2013-07-31 | $1.46 | $1.16 | 79.5% |
| 2012-07-31 | $2.43 | $1.16 | 47.7% |
| 2011-07-31 | $2.44 | $1.15 | 46.9% |
| 2010-07-31 | $2.44 | $1.08 | 44.1% |
| 2009-07-31 | $2.09 | $1.00 | 47.8% |
| 2008-07-31 | $3.06 | $0.88 | 28.8% |
| 2007-07-31 | $2.21 | $0.80 | 36.2% |
| 2006-07-31 | $1.89 | $0.72 | 38.1% |
| 2005-07-31 | $1.72 | $0.68 | 39.5% |
| 2004-07-31 | $1.58 | $0.63 | 39.9% |
| 2003-07-31 | $1.45 | $0.63 | 43.4% |
| 2002-07-31 | $1.28 | $0.63 | 49.2% |
| 2001-07-31 | $1.57 | $0.90 | 57.3% |
| 2000-07-31 | $1.68 | $0.90 | 53.6% |
| 1999-07-31 | $1.64 | $0.89 | 54.0% |
| 1998-07-31 | $1.46 | $0.82 | 56.3% |
| 1997-07-31 | $1.51 | $0.75 | 49.6% |
