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 78.75% is 28% below its 5-year average of 109.85%, near the low end of its 5-year range (63.31%–264.50%).
As of Sunday, July 26, 2026. 7.85% below its 12-month average of 85.46%.
Dividend Payout Ratio (78.75%) = TTM Dividends/Share ($2.67) / TTM EPS ($3.39)
DIVIDEND PAYOUT RATIO
78.75%
DIVIDEND PAYOUT RATIO AVG TTM
85.46%
DIVIDEND PAYOUT RATIO AVG 3Y
96.71%
DIVIDEND PAYOUT RATIO AVG 5Y
93.20%
DIVIDEND PAYOUT RATIO AVG 10Y
116.90%
DIVIDEND PAYOUT RATIO AVG 15Y
98.37%
DIVIDEND PAYOUT RATIO AVG 20Y
78.49%
CURRENT VS TTM AVG
-7.85%
CURRENT VS 3Y AVG
-18.57%
CURRENT VS 5Y AVG
-15.51%
CURRENT VS 10Y AVG
-32.64%
CURRENT VS 15Y AVG
-19.95%
CURRENT VS 20Y AVG
+0.33%
| Year | EPS | Dividend | Payout Ratio |
|---|---|---|---|
| 2025 | $3.46 | $2.67 | 77.2% |
| 2024 | $2.44 | $2.67 | 109.4% |
| 2023 | $2.38 | $2.67 | 112.2% |
| 2022 | $1.49 | $2.67 | 179.2% |
| 2021 | $3.99 | $2.52 | 63.2% |
| 2020 | ($0.50) | $3.45 |
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 | 78.75% |
| 2026-07-23 | 78.76% |
| 2026-07-22 | 78.76% |
| 2026-07-21 | 78.74% |
| 2026-07-20 | 78.78% |
| 2026-07-17 | 78.78% |
| 2026-07-16 | 78.77% |
| 2026-07-15 | 78.78% |
| 2026-07-14 | 78.75% |
| 2026-07-13 | 78.74% |
| 2026-07-10 | 78.75% |
| 2026-07-09 | 78.77% |
| 2026-07-08 | 78.77% |
| 2026-07-07 | 78.77% |
| 2026-07-06 | 78.76% |
| 2026-07-02 | 78.78% |
| 2026-07-01 | 78.77% |
| 2026-06-30 | 78.74% |
| 2026-06-29 | 78.77% |
| 2026-06-26 | 78.76% |
| 2026-06-25 | 78.74% |
| 2026-06-24 | 78.76% |
| 2026-06-23 | 78.75% |
| 2026-06-22 | 78.76% |
| 2026-06-18 | 78.76% |
| 2026-06-17 | 78.74% |
| 2026-06-16 | 78.77% |
| 2026-06-15 | 78.75% |
| 2026-06-12 | 78.75% |
| 2026-06-11 | 78.75% |
| 2026-06-10 | 78.78% |
| 2026-06-09 | 78.75% |
| 2026-06-08 | 78.77% |
| 2026-06-05 | 78.74% |
| 2026-06-04 | 78.78% |
| 2026-06-03 | 78.76% |
| 2026-06-02 | 78.77% |
| 2026-06-01 | 78.77% |
| 2026-05-29 | 78.78% |
| 2026-05-28 | 78.78% |
| 2026-05-27 | 78.75% |
| 2026-05-26 | 78.77% |
| 2026-05-22 | 78.75% |
| 2026-05-21 | 78.74% |
| 2026-05-20 | 78.76% |
| 2026-05-19 | 78.77% |
| 2026-05-18 | 78.76% |
| 2026-05-15 | 78.76% |
| 2026-05-14 | 78.78% |
| 2026-05-13 | 78.75% |
| 2026-05-12 | 78.76% |
| 2026-05-11 | 78.74% |
| 2026-05-08 | 78.78% |
| 2026-05-07 | 78.74% |
| 2026-05-06 | 78.75% |
| 2026-05-05 | 78.76% |
| 2026-05-04 | 78.76% |
| 2026-05-01 | 78.76% |
| 2026-04-30 | 77.41% |
| 2026-04-29 | 77.41% |
| 2026-04-28 | 77.40% |
| 2026-04-27 | 77.40% |
| 2026-04-24 | 77.40% |
| 2026-04-23 | 77.38% |
| 2026-04-22 | 77.41% |
| 2026-04-21 | 77.40% |
| 2026-04-20 | 77.37% |
| 2026-04-17 | 77.38% |
| 2026-04-16 | 77.39% |
| 2026-04-15 | 77.39% |
| 2026-04-14 | 77.41% |
| 2026-04-13 | 77.38% |
| 2026-04-10 | 77.40% |
| 2026-04-09 | 77.38% |
| 2026-04-08 | 77.40% |
| 2026-04-07 | 77.39% |
| 2026-04-06 | 77.37% |
| 2026-04-02 | 77.37% |
| 2026-04-01 | 77.41% |
| 2026-03-31 | 77.40% |
| 2026-03-30 | 77.37% |
| 2026-03-27 | 77.41% |
| 2026-03-26 | 77.38% |
| 2026-03-25 | 77.38% |
| 2026-03-24 | 77.39% |
| 2026-03-23 | 77.40% |
| 2026-03-20 | 77.38% |
| 2026-03-19 | 77.40% |
| 2026-03-18 | 77.40% |
| 2026-03-17 | 77.39% |
| 2026-03-16 | 77.38% |
| 2026-03-13 | 77.38% |
| 2026-03-12 | 77.37% |
| 2026-03-11 | 77.38% |
| 2026-03-10 | 77.38% |
| 2026-03-09 | 77.37% |
| 2026-03-06 | 77.39% |
| 2026-03-05 | 77.39% |
| 2026-03-04 | 77.41% |
| 2026-03-03 | 77.40% |
| 2026-03-02 | 77.41% |
| 2026-02-27 | 96.73% |
| 2026-02-26 | 77.38% |
| 2026-02-25 | 77.41% |
| 2026-02-24 | 77.41% |
| 2026-02-23 | 77.40% |
| 2026-02-20 | 90.51% |
| 2026-02-19 | 90.51% |
| 2026-02-18 | 90.51% |
| 2026-02-17 | 90.49% |
| 2026-02-13 | 90.53% |
| 2026-02-12 | 90.49% |
| 2026-02-11 | 90.53% |
| 2026-02-10 | 90.49% |
| 2026-02-09 | 90.51% |
| 2026-02-06 | 90.51% |
| 2026-02-05 | 90.49% |
| 2026-02-04 | 90.51% |
| 2026-02-03 | 90.49% |
| 2026-02-02 | 90.51% |
| 2026-01-30 | 90.52% |
| 2026-01-29 | 90.51% |
| 2026-01-28 | 90.51% |
| 2026-01-27 | 90.50% |
| 2026-01-26 | 90.51% |
| 2026-01-23 | 90.49% |
| 2026-01-22 | 90.53% |
| 2026-01-21 | 90.50% |
| 2026-01-20 | 90.52% |
| 2026-01-16 | 90.50% |
| 2026-01-15 | 90.49% |
| 2026-01-14 | 90.49% |
| 2026-01-13 | 90.52% |
| 2026-01-12 | 90.49% |
| 2026-01-09 | 90.49% |
| 2026-01-08 | 90.49% |
| 2026-01-07 | 90.51% |
| 2026-01-06 | 90.53% |
| 2026-01-05 | 90.49% |
| 2026-01-02 | 90.50% |
| 2025-12-31 | 90.50% |
| 2025-12-30 | 90.51% |
| 2025-12-29 | 90.49% |
| 2025-12-26 | 90.52% |
| 2025-12-24 | 90.49% |
| 2025-12-23 | 90.52% |
| 2025-12-22 | 90.52% |
| 2025-12-19 | 90.53% |
| 2025-12-18 | 90.50% |
| 2025-12-17 | 90.53% |
| 2025-12-16 | 90.53% |
| 2025-12-15 | 90.49% |
| 2025-12-12 | 90.50% |
| 2025-12-11 | 90.51% |
| 2025-12-10 | 90.50% |
| 2025-12-09 | 90.52% |
| 2025-12-08 | 90.51% |
| 2025-12-05 | 90.52% |
| 2025-12-04 | 67.87% |
| 2025-12-03 | 67.88% |
| 2025-12-02 | 67.89% |
| 2025-12-01 | 67.88% |
| 2025-11-28 | 90.52% |
| 2025-11-26 | 90.51% |
| 2025-11-25 | 90.50% |
| 2025-11-24 | 90.50% |
| 2025-11-21 | 90.52% |
| 2025-11-20 | 90.51% |
| 2025-11-19 | 90.49% |
| 2025-11-18 | 90.51% |
| 2025-11-17 | 90.52% |
| 2025-11-14 | 90.51% |
| 2025-11-13 | 90.49% |
| 2025-11-12 | 90.49% |
| 2025-11-11 | 90.53% |
| 2025-11-10 | 90.49% |
| 2025-11-07 | 90.49% |
| 2025-11-06 | 90.52% |
| 2025-11-05 | 90.49% |
| 2025-11-04 | 90.52% |
| 2025-11-03 | 90.52% |
| 2025-10-31 | 90.49% |
| 2025-10-30 | 92.41% |
| 2025-10-29 | 92.38% |
| 2025-10-28 | 92.39% |
| 2025-10-27 | 92.40% |
| 2025-10-24 | 92.40% |
| 2025-10-23 | 92.40% |
| 2025-10-22 | 92.38% |
| 2025-10-21 | 92.38% |
| 2025-10-20 | 92.37% |
| 2025-10-17 | 92.38% |
| 2025-10-16 | 92.41% |
| 2025-10-15 | 92.40% |
| 2025-10-14 | 92.40% |
| 2025-10-13 | 92.37% |
| 2025-10-10 | 92.40% |
| 2025-10-09 | 92.38% |
| 2025-10-08 | 92.39% |
| 2025-10-07 | 92.38% |
| 2025-10-06 | 92.39% |
| 2025-10-03 | 92.38% |
| 2025-10-02 | 92.39% |
| 2025-10-01 | 92.38% |
| 2025-09-30 | 92.40% |
| 2025-09-29 | 92.39% |
| 2025-09-26 | 92.41% |
| 2025-09-25 | 92.40% |
| 2025-09-24 | 92.37% |
| 2025-09-23 | 92.39% |
| 2025-09-22 | 92.39% |
| 2025-09-19 | 92.39% |
| 2025-09-18 | 92.38% |
| 2025-09-17 | 92.37% |
| 2025-09-16 | 92.37% |
| 2025-09-15 | 92.38% |
| 2025-09-12 | 92.39% |
| 2025-09-11 | 92.37% |
| 2025-09-10 | 92.39% |
| 2025-09-09 | 92.37% |
| 2025-09-08 | 92.38% |
| 2025-09-05 | 92.36% |
| 2025-09-04 | 69.28% |
| 2025-09-03 | 69.30% |
| 2025-09-02 | 69.28% |
| 2025-08-29 | 92.40% |
| 2025-08-28 | 92.41% |
| 2025-08-27 | 92.39% |
| 2025-08-26 | 92.39% |
| 2025-08-25 | 92.40% |
| 2025-08-22 | 92.39% |
| 2025-08-21 | 92.37% |
| 2025-08-20 | 92.40% |
| 2025-08-19 | 92.38% |
| 2025-08-18 | 92.39% |
| 2025-08-15 | 92.41% |
| 2025-08-14 | 92.39% |
| 2025-08-13 | 92.40% |
| 2025-08-12 | 92.37% |
| 2025-08-11 | 92.40% |
| 2025-08-08 | 92.40% |
| 2025-08-07 | 92.37% |
| 2025-08-06 | 92.40% |
| 2025-08-05 | 92.37% |
| 2025-08-04 | 92.38% |
| 2025-08-01 | 92.37% |
| 2025-07-31 | 100.36% |
| 2025-07-30 | 100.38% |
| 2025-07-29 | 100.36% |
| 2025-07-28 | 100.36% |
| 2025-07-25 | 100.39% |
| 2025-07-24 | 100.39% |
| 2025-07-23 | 100.36% |
| 2025-07-22 | 100.39% |
| 2025-07-21 | 100.39% |
| 2025-07-18 | 100.38% |
| 2025-07-17 | 100.39% |
| 2025-07-16 | 100.36% |
| 2025-07-15 | 100.38% |
| 2025-07-14 | 100.36% |
Showing the most recent 260 of 2,592 data points. The chart above shows the full history.
| N/A (Loss) |
| 2019 | $1.66 | $3.67 | 221.1% |
| 2018 | $3.74 | $3.34 | 89.3% |
| 2017 | $4.72 | $3.04 | 64.3% |
| 2016 | $3.38 | $2.80 | 82.8% |
| 2015 | $3.21 | $2.59 | 80.7% |
| 2014 | $2.25 | $2.40 | 106.7% |
| 2013 | $2.93 | $2.25 | 76.8% |
| 2012 | $0.53 | $2.11 | 398.0% |
| 2011 | $2.46 | $1.97 | 80.1% |
| 2010 | $4.83 | $1.83 | 37.9% |
| 2009 | $2.17 | $1.75 | 80.6% |
| 2008 | $3.17 | $1.58 | 49.8% |
| 2007 | $3.90 | $1.26 | 32.4% |
| 2006 | $1.98 | $1.38 | 69.7% |
| 2005 | $1.51 | $1.34 | 88.7% |
| 2004 | $1.90 | $1.30 | 68.4% |
| 2003 | $0.50 | $1.29 | 258.0% |
| 2002 | $2.42 | $1.29 | 53.3% |
| 2001 | $1.09 | $1.29 | 118.3% |
| 2000 | $0.93 | $1.29 | 138.7% |
| 1999 | $0.78 | $1.29 | 165.4% |
| 1998 | $1.41 | $1.29 | 91.5% |
| 1997 | $1.08 | $1.29 | 119.4% |
| 1996 | $1.33 | $1.29 | 97.0% |
