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 55.34% is in line with its 5-year average of 58.10%, near the low end of its 5-year range (46.82%–82.44%).
As of Sunday, July 26, 2026. 9.53% below its 12-month average of 61.17%.
Dividend Payout Ratio (55.34%) = TTM Dividends/Share ($1.66) / TTM EPS ($3.00)
DIVIDEND PAYOUT RATIO
55.34%
DIVIDEND PAYOUT RATIO AVG TTM
61.17%
DIVIDEND PAYOUT RATIO AVG 3Y
59.50%
DIVIDEND PAYOUT RATIO AVG 5Y
58.04%
DIVIDEND PAYOUT RATIO AVG 10Y
56.44%
DIVIDEND PAYOUT RATIO AVG 15Y
52.73%
DIVIDEND PAYOUT RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-9.53%
CURRENT VS 3Y AVG
-7.00%
CURRENT VS 5Y AVG
-4.65%
CURRENT VS 10Y AVG
-1.95%
CURRENT VS 15Y AVG
+4.94%
CURRENT VS 20Y AVG
N/A
| Year | EPS | Dividend | Payout Ratio |
|---|---|---|---|
| 2025 | $2.56 | $1.63 | 63.7% |
| 2024 | $2.55 | $1.59 | 62.4% |
| 2023 | $3.08 | $1.55 | 50.3% |
| 2022 | $2.83 | $1.51 | 53.4% |
| 2021 | $2.51 | $1.47 | 58.6% |
| 2020 | $2.65 | $1.43 |
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 | 55.34% |
| 2026-07-23 | 55.34% |
| 2026-07-22 | 55.33% |
| 2026-07-21 | 55.33% |
| 2026-07-20 | 55.33% |
| 2026-07-17 | 55.33% |
| 2026-07-16 | 55.33% |
| 2026-07-15 | 55.34% |
| 2026-07-14 | 55.33% |
| 2026-07-13 | 55.33% |
| 2026-07-10 | 55.34% |
| 2026-07-09 | 55.34% |
| 2026-07-08 | 55.33% |
| 2026-07-07 | 55.33% |
| 2026-07-06 | 55.33% |
| 2026-07-02 | 55.00% |
| 2026-07-01 | 55.00% |
| 2026-06-30 | 55.00% |
| 2026-06-29 | 55.00% |
| 2026-06-26 | 55.00% |
| 2026-06-25 | 55.00% |
| 2026-06-24 | 55.00% |
| 2026-06-23 | 55.00% |
| 2026-06-22 | 55.00% |
| 2026-06-18 | 55.00% |
| 2026-06-17 | 55.00% |
| 2026-06-16 | 55.00% |
| 2026-06-15 | 55.00% |
| 2026-06-12 | 55.00% |
| 2026-06-11 | 55.00% |
| 2026-06-10 | 55.00% |
| 2026-06-09 | 55.00% |
| 2026-06-08 | 55.00% |
| 2026-06-05 | 55.00% |
| 2026-06-04 | 55.00% |
| 2026-06-03 | 55.00% |
| 2026-06-02 | 55.00% |
| 2026-06-01 | 55.00% |
| 2026-05-29 | 55.00% |
| 2026-05-28 | 55.00% |
| 2026-05-27 | 55.00% |
| 2026-05-26 | 55.00% |
| 2026-05-22 | 55.00% |
| 2026-05-21 | 55.00% |
| 2026-05-20 | 55.00% |
| 2026-05-19 | 55.00% |
| 2026-05-18 | 59.57% |
| 2026-05-15 | 59.57% |
| 2026-05-14 | 59.57% |
| 2026-05-13 | 59.57% |
| 2026-05-12 | 59.56% |
| 2026-05-11 | 59.57% |
| 2026-05-08 | 59.56% |
| 2026-05-07 | 59.57% |
| 2026-05-06 | 59.56% |
| 2026-05-05 | 59.56% |
| 2026-05-04 | 59.57% |
| 2026-05-01 | 59.57% |
| 2026-04-30 | 59.56% |
| 2026-04-29 | 59.57% |
| 2026-04-28 | 59.57% |
| 2026-04-27 | 59.56% |
| 2026-04-24 | 59.56% |
| 2026-04-23 | 59.56% |
| 2026-04-22 | 59.57% |
| 2026-04-21 | 59.56% |
| 2026-04-20 | 59.56% |
| 2026-04-17 | 59.57% |
| 2026-04-16 | 59.58% |
| 2026-04-15 | 59.56% |
| 2026-04-14 | 59.56% |
| 2026-04-13 | 59.57% |
| 2026-04-10 | 59.56% |
| 2026-04-09 | 59.58% |
| 2026-04-08 | 59.57% |
| 2026-04-07 | 59.57% |
| 2026-04-06 | 59.57% |
| 2026-04-02 | 74.38% |
| 2026-04-01 | 59.20% |
| 2026-03-31 | 59.20% |
| 2026-03-30 | 59.20% |
| 2026-03-27 | 59.20% |
| 2026-03-26 | 59.20% |
| 2026-03-25 | 59.20% |
| 2026-03-24 | 59.20% |
| 2026-03-23 | 59.20% |
| 2026-03-20 | 59.20% |
| 2026-03-19 | 59.20% |
| 2026-03-18 | 59.20% |
| 2026-03-17 | 59.21% |
| 2026-03-16 | 59.20% |
| 2026-03-13 | 59.21% |
| 2026-03-12 | 59.20% |
| 2026-03-11 | 59.20% |
| 2026-03-10 | 59.20% |
| 2026-03-09 | 59.20% |
| 2026-03-06 | 59.21% |
| 2026-03-05 | 59.20% |
| 2026-03-04 | 59.20% |
| 2026-03-03 | 59.22% |
| 2026-03-02 | 59.20% |
| 2026-02-27 | 59.21% |
| 2026-02-26 | 59.20% |
| 2026-02-25 | 59.20% |
| 2026-02-24 | 59.21% |
| 2026-02-23 | 59.20% |
| 2026-02-20 | 59.20% |
| 2026-02-19 | 59.20% |
| 2026-02-18 | 59.20% |
| 2026-02-17 | 59.20% |
| 2026-02-13 | 63.32% |
| 2026-02-12 | 63.33% |
| 2026-02-11 | 63.33% |
| 2026-02-10 | 63.33% |
| 2026-02-09 | 63.33% |
| 2026-02-06 | 63.32% |
| 2026-02-05 | 63.32% |
| 2026-02-04 | 63.33% |
| 2026-02-03 | 63.32% |
| 2026-02-02 | 63.33% |
| 2026-01-30 | 63.32% |
| 2026-01-29 | 63.32% |
| 2026-01-28 | 63.33% |
| 2026-01-27 | 63.32% |
| 2026-01-26 | 63.31% |
| 2026-01-23 | 63.32% |
| 2026-01-22 | 63.32% |
| 2026-01-21 | 63.32% |
| 2026-01-20 | 63.32% |
| 2026-01-16 | 63.32% |
| 2026-01-15 | 63.31% |
| 2026-01-14 | 63.32% |
| 2026-01-13 | 63.32% |
| 2026-01-12 | 63.33% |
| 2026-01-09 | 63.33% |
| 2026-01-08 | 63.33% |
| 2026-01-07 | 63.32% |
| 2026-01-06 | 63.33% |
| 2026-01-05 | 63.32% |
| 2026-01-02 | 78.77% |
| 2025-12-31 | 62.93% |
| 2025-12-30 | 62.94% |
| 2025-12-29 | 62.92% |
| 2025-12-26 | 62.94% |
| 2025-12-24 | 62.93% |
| 2025-12-23 | 62.93% |
| 2025-12-22 | 62.94% |
| 2025-12-19 | 62.94% |
| 2025-12-18 | 62.93% |
| 2025-12-17 | 62.93% |
| 2025-12-16 | 62.93% |
| 2025-12-15 | 62.93% |
| 2025-12-12 | 62.94% |
| 2025-12-11 | 62.94% |
| 2025-12-10 | 62.93% |
| 2025-12-09 | 62.94% |
| 2025-12-08 | 62.94% |
| 2025-12-05 | 62.93% |
| 2025-12-04 | 62.93% |
| 2025-12-03 | 62.94% |
| 2025-12-02 | 62.94% |
| 2025-12-01 | 62.94% |
| 2025-11-28 | 62.94% |
| 2025-11-26 | 62.93% |
| 2025-11-25 | 62.94% |
| 2025-11-24 | 62.94% |
| 2025-11-21 | 62.93% |
| 2025-11-20 | 62.94% |
| 2025-11-19 | 62.94% |
| 2025-11-18 | 62.93% |
| 2025-11-17 | 63.92% |
| 2025-11-14 | 63.93% |
| 2025-11-13 | 63.93% |
| 2025-11-12 | 63.91% |
| 2025-11-11 | 63.92% |
| 2025-11-10 | 63.92% |
| 2025-11-07 | 63.92% |
| 2025-11-06 | 63.92% |
| 2025-11-05 | 63.91% |
| 2025-11-04 | 63.92% |
| 2025-11-03 | 63.93% |
| 2025-10-31 | 63.92% |
| 2025-10-30 | 63.92% |
| 2025-10-29 | 63.92% |
| 2025-10-28 | 63.93% |
| 2025-10-27 | 63.93% |
| 2025-10-24 | 63.93% |
| 2025-10-23 | 63.93% |
| 2025-10-22 | 63.92% |
| 2025-10-21 | 63.91% |
| 2025-10-20 | 63.93% |
| 2025-10-17 | 63.92% |
| 2025-10-16 | 63.91% |
| 2025-10-15 | 63.92% |
| 2025-10-14 | 63.93% |
| 2025-10-13 | 63.91% |
| 2025-10-10 | 63.91% |
| 2025-10-09 | 63.93% |
| 2025-10-08 | 63.92% |
| 2025-10-07 | 63.91% |
| 2025-10-06 | 63.91% |
| 2025-10-03 | 63.93% |
| 2025-10-02 | 47.85% |
| 2025-10-01 | 63.53% |
| 2025-09-30 | 63.53% |
| 2025-09-29 | 63.54% |
| 2025-09-26 | 63.53% |
| 2025-09-25 | 63.53% |
| 2025-09-24 | 63.53% |
| 2025-09-23 | 63.54% |
| 2025-09-22 | 63.53% |
| 2025-09-19 | 63.53% |
| 2025-09-18 | 63.52% |
| 2025-09-17 | 63.54% |
| 2025-09-16 | 63.54% |
| 2025-09-15 | 63.52% |
| 2025-09-12 | 63.53% |
| 2025-09-11 | 63.54% |
| 2025-09-10 | 63.54% |
| 2025-09-09 | 63.53% |
| 2025-09-08 | 63.54% |
| 2025-09-05 | 63.54% |
| 2025-09-04 | 63.52% |
| 2025-09-03 | 63.54% |
| 2025-09-02 | 66.11% |
| 2025-08-29 | 66.12% |
| 2025-08-28 | 66.13% |
| 2025-08-27 | 66.11% |
| 2025-08-26 | 66.11% |
| 2025-08-25 | 66.11% |
| 2025-08-22 | 66.13% |
| 2025-08-21 | 66.13% |
| 2025-08-20 | 66.12% |
| 2025-08-19 | 66.12% |
| 2025-08-18 | 66.13% |
| 2025-08-15 | 66.12% |
| 2025-08-14 | 66.13% |
| 2025-08-13 | 66.11% |
| 2025-08-12 | 66.11% |
| 2025-08-11 | 66.11% |
| 2025-08-08 | 66.12% |
| 2025-08-07 | 66.12% |
| 2025-08-06 | 66.12% |
| 2025-08-05 | 66.12% |
| 2025-08-04 | 66.13% |
| 2025-08-01 | 66.12% |
| 2025-07-31 | 66.13% |
| 2025-07-30 | 66.12% |
| 2025-07-29 | 66.13% |
| 2025-07-28 | 66.12% |
| 2025-07-25 | 66.13% |
| 2025-07-24 | 66.11% |
| 2025-07-23 | 66.13% |
| 2025-07-22 | 66.12% |
| 2025-07-21 | 66.11% |
| 2025-07-18 | 66.13% |
| 2025-07-17 | 66.13% |
| 2025-07-16 | 66.13% |
| 2025-07-15 | 66.12% |
| 2025-07-14 | 66.12% |
Showing the most recent 260 of 1,968 data points. The chart above shows the full history.
| 54.0% |
| 2019 | $2.63 | $1.38 | 52.5% |
| 2018 | $0.02 | $1.28 | N/A |
| 2017 | $1.92 | $1.13 | 58.9% |
| 2016 | $2.13 | $0.99 | 46.5% |
| 2015 | $1.76 | $0.82 | 46.6% |
| 2014 | $1.50 | $0.74 | 49.3% |
| 2013 | $1.87 | $0.51 | 27.3% |
| 2012 | $1.50 | $0.50 | 33.3% |
| 2011 | $1.17 | $0.18 | 15.4% |
| 2010 | $1.36 | $0.00 | 0.0% |
| 2009 | $1.05 | $0.00 | 0.0% |
| 2008 | $1.35 | $0.00 | 0.0% |
| 2007 | $1.21 | $0.00 | 0.0% |
| 2006 | $0.91 | $0.00 | 0.0% |
| 2005 | $0.88 | $0.00 | 0.0% |
| 2004 | $0.64 | $0.00 | 0.0% |
| 2003 | $0.50 | $0.00 | 0.0% |
| 2002 | $0.26 | $0.00 | 0.0% |
| 2001 | ($0.14) | $0.00 | N/A (Loss) |
| 2000 | $0.39 | $0.00 | 0.0% |
| 1999 | $0.30 | $0.00 | 0.0% |
| 1998 | $0.21 | $0.00 | 0.0% |
| 1997 | $0.18 | $0.00 | 0.0% |
| 1996 | $0.16 | $0.00 | 0.0% |
