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 30.36% is 19% above its 5-year average of 25.57%, around the middle of its 5-year range (15.11%–37.51%).
As of Monday, October 5, 2026. 12.46% above its 12-month average of 27.00%.
Dividend Payout Ratio (30.36%) = TTM Dividends/Share ($2.28) / TTM EPS ($7.51)
Trailing-12-month dividend payout ratio; raw quarterly payout is intentionally not charted. Historical series through 2026-10-05.
DIVIDEND PAYOUT RATIO
30.36%
DIVIDEND PAYOUT RATIO AVG TTM
27.00%
DIVIDEND PAYOUT RATIO AVG 3Y
27.12%
DIVIDEND PAYOUT RATIO AVG 5Y
25.57%
DIVIDEND PAYOUT RATIO AVG 10Y
27.21%
DIVIDEND PAYOUT RATIO AVG 15Y
N/A
DIVIDEND PAYOUT RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+12.46%
CURRENT VS 3Y AVG
+11.95%
CURRENT VS 5Y AVG
+18.73%
CURRENT VS 10Y AVG
+11.60%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
| Fiscal year end | EPS | Dividends (FY) | Payout Ratio |
|---|---|---|---|
| 2026-01-03 | $8.23 | $2.04 | 24.8% |
| 2024-12-28 | $6.82 | $1.75 | 25.7% |
| 2023-12-31 | $5.47 | $1.50 | 27.4% |
| 2022-12-31 | $6.02 | $1.29 | 21.4% |
| 2021-12-31 | $5.59 | $1.09 | 19.5% |
| 2020-12-31 | $3.14 |
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 | 30.36% |
| 2026-10-02 | 30.36% |
| 2026-10-01 | 30.35% |
| 2026-09-30 | 30.36% |
| 2026-09-29 | 30.37% |
| 2026-09-28 | 30.36% |
| 2026-09-25 | 30.36% |
| 2026-09-24 | 30.36% |
| 2026-09-23 | 30.35% |
| 2026-09-22 | 30.36% |
| 2026-09-21 | 30.36% |
| 2026-09-18 | 30.36% |
| 2026-09-17 | 30.36% |
| 2026-09-16 | 30.36% |
| 2026-09-15 | 30.36% |
| 2026-09-14 | 30.36% |
| 2026-09-11 | 30.37% |
| 2026-09-10 | 30.37% |
| 2026-09-09 | 30.36% |
| 2026-09-08 | 30.36% |
| 2026-09-04 | 30.36% |
| 2026-09-03 | 30.36% |
| 2026-09-02 | 30.36% |
| 2026-09-01 | 30.36% |
| 2026-08-31 | 30.37% |
| 2026-08-28 | 30.36% |
| 2026-08-27 | 30.36% |
| 2026-08-26 | 30.36% |
| 2026-08-25 | 36.89% |
| 2026-08-24 | 29.29% |
| 2026-08-21 | 29.30% |
| 2026-08-20 | 29.29% |
| 2026-08-19 | 29.29% |
| 2026-08-18 | 29.29% |
| 2026-08-17 | 29.30% |
| 2026-08-14 | 29.29% |
| 2026-08-13 | 29.30% |
| 2026-08-12 | 29.30% |
| 2026-08-11 | 29.30% |
| 2026-08-10 | 29.30% |
| 2026-08-07 | 29.29% |
| 2026-08-06 | 30.56% |
| 2026-08-05 | 30.56% |
| 2026-08-04 | 30.56% |
| 2026-08-03 | 30.55% |
| 2026-07-31 | 30.56% |
| 2026-07-30 | 30.56% |
| 2026-07-29 | 30.55% |
| 2026-07-28 | 30.56% |
| 2026-07-27 | 30.56% |
| 2026-07-24 | 30.56% |
| 2026-07-23 | 30.56% |
| 2026-07-22 | 30.55% |
| 2026-07-21 | 30.55% |
| 2026-07-20 | 30.56% |
| 2026-07-17 | 30.55% |
| 2026-07-16 | 30.56% |
| 2026-07-15 | 30.56% |
| 2026-07-14 | 30.55% |
| 2026-07-13 | 30.55% |
| 2026-07-10 | 30.55% |
| 2026-07-09 | 30.55% |
| 2026-07-08 | 30.56% |
| 2026-07-07 | 30.55% |
| 2026-07-06 | 30.56% |
| 2026-07-02 | 30.56% |
| 2026-07-01 | 30.55% |
| 2026-06-30 | 30.55% |
| 2026-06-29 | 30.55% |
| 2026-06-26 | 30.56% |
| 2026-06-25 | 30.56% |
| 2026-06-24 | 30.55% |
| 2026-06-23 | 30.56% |
| 2026-06-22 | 30.55% |
| 2026-06-18 | 30.55% |
| 2026-06-17 | 30.56% |
| 2026-06-16 | 30.56% |
| 2026-06-15 | 30.55% |
| 2026-06-12 | 30.56% |
| 2026-06-11 | 30.55% |
| 2026-06-10 | 30.56% |
| 2026-06-09 | 30.56% |
| 2026-06-08 | 30.56% |
| 2026-06-05 | 30.56% |
| 2026-06-04 | 30.55% |
| 2026-06-03 | 30.56% |
| 2026-06-02 | 30.55% |
| 2026-06-01 | 30.55% |
| 2026-05-29 | 30.55% |
| 2026-05-28 | 30.55% |
| 2026-05-27 | 30.56% |
| 2026-05-26 | 37.36% |
| 2026-05-22 | 29.45% |
| 2026-05-21 | 29.44% |
| 2026-05-20 | 29.45% |
| 2026-05-19 | 29.45% |
| 2026-05-18 | 29.45% |
| 2026-05-15 | 29.44% |
| 2026-05-14 | 29.45% |
| 2026-05-13 | 29.44% |
| 2026-05-12 | 29.44% |
| 2026-05-11 | 29.44% |
| 2026-05-08 | 29.45% |
| 2026-05-07 | 26.07% |
| 2026-05-06 | 26.07% |
| 2026-05-05 | 26.08% |
| 2026-05-04 | 26.08% |
| 2026-05-01 | 26.07% |
| 2026-04-30 | 26.08% |
| 2026-04-29 | 26.08% |
| 2026-04-28 | 26.08% |
| 2026-04-27 | 26.08% |
| 2026-04-24 | 26.08% |
| 2026-04-23 | 26.07% |
| 2026-04-22 | 26.08% |
| 2026-04-21 | 26.07% |
| 2026-04-20 | 26.08% |
| 2026-04-17 | 26.08% |
| 2026-04-16 | 26.08% |
| 2026-04-15 | 26.07% |
| 2026-04-14 | 26.07% |
| 2026-04-13 | 26.08% |
| 2026-04-10 | 26.08% |
| 2026-04-09 | 26.08% |
| 2026-04-08 | 26.08% |
| 2026-04-07 | 26.08% |
| 2026-04-06 | 26.08% |
| 2026-04-02 | 26.08% |
| 2026-04-01 | 26.07% |
| 2026-03-31 | 26.07% |
| 2026-03-30 | 26.08% |
| 2026-03-27 | 26.08% |
| 2026-03-26 | 26.08% |
| 2026-03-25 | 26.08% |
| 2026-03-24 | 26.08% |
| 2026-03-23 | 26.08% |
| 2026-03-20 | 26.08% |
| 2026-03-19 | 26.08% |
| 2026-03-18 | 26.08% |
| 2026-03-17 | 26.08% |
| 2026-03-16 | 26.08% |
| 2026-03-13 | 26.07% |
| 2026-03-12 | 26.07% |
| 2026-03-11 | 26.08% |
| 2026-03-10 | 26.08% |
| 2026-03-09 | 19.07% |
| 2026-03-06 | 19.07% |
| 2026-03-05 | 19.06% |
| 2026-03-04 | 19.07% |
| 2026-03-03 | 25.10% |
| 2026-03-02 | 25.09% |
| 2026-02-27 | 25.10% |
| 2026-02-26 | 24.52% |
| 2026-02-25 | 24.52% |
| 2026-02-24 | 24.53% |
| 2026-02-23 | 24.52% |
| 2026-02-20 | 24.51% |
| 2026-02-19 | 24.52% |
| 2026-02-18 | 24.52% |
| 2026-02-17 | 24.52% |
| 2026-02-13 | 24.52% |
| 2026-02-12 | 24.52% |
| 2026-02-11 | 24.51% |
| 2026-02-10 | 24.52% |
| 2026-02-09 | 24.52% |
| 2026-02-06 | 24.52% |
| 2026-02-05 | 24.52% |
| 2026-02-04 | 24.52% |
| 2026-02-03 | 24.52% |
| 2026-02-02 | 24.52% |
| 2026-01-30 | 24.52% |
| 2026-01-29 | 24.52% |
| 2026-01-28 | 24.51% |
| 2026-01-27 | 24.52% |
| 2026-01-26 | 24.52% |
| 2026-01-23 | 24.52% |
| 2026-01-22 | 24.52% |
| 2026-01-21 | 24.52% |
| 2026-01-20 | 24.52% |
| 2026-01-16 | 24.52% |
| 2026-01-15 | 24.52% |
| 2026-01-14 | 24.52% |
| 2026-01-13 | 24.52% |
| 2026-01-12 | 24.52% |
| 2026-01-09 | 24.52% |
| 2026-01-08 | 24.52% |
| 2026-01-07 | 24.52% |
| 2026-01-06 | 24.52% |
| 2026-01-05 | 24.52% |
| 2026-01-02 | 24.52% |
| 2025-12-31 | 24.52% |
| 2025-12-30 | 24.52% |
| 2025-12-29 | 24.52% |
| 2025-12-26 | 24.52% |
| 2025-12-24 | 24.52% |
| 2025-12-23 | 24.52% |
| 2025-12-22 | 24.52% |
| 2025-12-19 | 24.52% |
| 2025-12-18 | 24.52% |
| 2025-12-17 | 24.52% |
| 2025-12-16 | 24.52% |
| 2025-12-15 | 24.52% |
| 2025-12-12 | 24.52% |
| 2025-12-11 | 24.52% |
| 2025-12-10 | 24.52% |
| 2025-12-09 | 24.51% |
| 2025-12-08 | 24.51% |
| 2025-12-05 | 24.52% |
| 2025-12-04 | 24.51% |
| 2025-12-03 | 24.52% |
| 2025-12-02 | 24.52% |
| 2025-12-01 | 24.52% |
| 2025-11-28 | 24.51% |
| 2025-11-26 | 24.52% |
| 2025-11-25 | 30.41% |
| 2025-11-24 | 23.56% |
| 2025-11-21 | 23.56% |
| 2025-11-20 | 23.56% |
| 2025-11-19 | 23.56% |
| 2025-11-18 | 23.56% |
| 2025-11-17 | 23.56% |
| 2025-11-14 | 23.56% |
| 2025-11-13 | 23.56% |
| 2025-11-12 | 23.55% |
| 2025-11-11 | 23.56% |
| 2025-11-10 | 23.56% |
| 2025-11-07 | 23.56% |
| 2025-11-06 | 23.56% |
| 2025-11-05 | 23.56% |
| 2025-11-04 | 23.56% |
| 2025-11-03 | 23.56% |
| 2025-10-31 | 23.56% |
| 2025-10-30 | 23.73% |
| 2025-10-29 | 23.72% |
| 2025-10-28 | 23.73% |
| 2025-10-27 | 23.73% |
| 2025-10-24 | 23.73% |
| 2025-10-23 | 23.72% |
| 2025-10-22 | 23.72% |
| 2025-10-21 | 23.73% |
| 2025-10-20 | 23.73% |
| 2025-10-17 | 23.73% |
| 2025-10-16 | 23.73% |
| 2025-10-15 | 23.73% |
| 2025-10-14 | 23.73% |
| 2025-10-13 | 23.73% |
| 2025-10-10 | 23.73% |
| 2025-10-09 | 23.73% |
| 2025-10-08 | 23.73% |
| 2025-10-07 | 23.72% |
| 2025-10-06 | 23.72% |
| 2025-10-03 | 23.73% |
| 2025-10-02 | 23.73% |
| 2025-10-01 | 23.73% |
| 2025-09-30 | 23.73% |
| 2025-09-29 | 23.73% |
| 2025-09-26 | 23.73% |
| 2025-09-25 | 23.73% |
| 2025-09-24 | 23.73% |
| 2025-09-23 | 23.72% |
Showing the most recent 260 of 1,379 data points. The chart above shows the full history.
| $0.95 |
| 30.3% |
| 2019-12-31 | $2.63 | $0.83 | 31.6% |
| 2018-12-31 | $2.62 | $0.71 | 27.1% |
| 2017-12-31 | $0.91 | $0.59 | 64.8% |
| 2016-12-31 | $1.50 | $0.14 | 9.3% |
