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 14.93% is 15% below its 5-year average of 17.49%, near the low end of its 5-year range (8.25%–68.54%).
As of Friday, May 16, 2025. 27.28% below its 12-month average of 20.54%.
Dividend Payout Ratio (14.93%) = TTM Dividends/Share ($2.80) / TTM EPS ($18.75)
DIVIDEND PAYOUT RATIO
14.93%
DIVIDEND PAYOUT RATIO AVG TTM
20.54%
DIVIDEND PAYOUT RATIO AVG 3Y
18.36%
DIVIDEND PAYOUT RATIO AVG 5Y
17.49%
DIVIDEND PAYOUT RATIO AVG 10Y
20.05%
DIVIDEND PAYOUT RATIO AVG 15Y
16.23%
DIVIDEND PAYOUT RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-27.28%
CURRENT VS 3Y AVG
-18.67%
CURRENT VS 5Y AVG
-14.62%
CURRENT VS 10Y AVG
-25.51%
CURRENT VS 15Y AVG
-7.96%
CURRENT VS 20Y AVG
N/A
| Fiscal year end | EPS | Dividends (FY) | Payout Ratio |
|---|---|---|---|
| 2024-12-31 | $17.71 | $2.80 | 15.8% |
| 2023-12-31 | $10.71 | $2.70 | 25.2% |
| 2022-12-31 | $15.47 | $2.30 | 14.9% |
| 2021-12-31 | $17.84 | $1.88 | 10.5% |
| 2020-12-31 | $3.60 | $1.76 | 48.9% |
| 2019-12-31 | $9.09 |
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 |
|---|---|
| 2025-05-16 | 14.93% |
| 2025-05-15 | 14.93% |
| 2025-05-14 | 14.93% |
| 2025-05-13 | 14.93% |
| 2025-05-12 | 14.94% |
| 2025-05-09 | 14.94% |
| 2025-05-08 | 14.93% |
| 2025-05-07 | 14.94% |
| 2025-05-06 | 14.93% |
| 2025-05-05 | 14.94% |
| 2025-05-02 | 14.93% |
| 2025-05-01 | 14.94% |
| 2025-04-30 | 14.93% |
| 2025-04-29 | 15.77% |
| 2025-04-28 | 15.77% |
| 2025-04-25 | 15.77% |
| 2025-04-24 | 15.77% |
| 2025-04-23 | 15.78% |
| 2025-04-22 | 15.78% |
| 2025-04-21 | 15.77% |
| 2025-04-17 | 15.77% |
| 2025-04-16 | 15.78% |
| 2025-04-15 | 15.77% |
| 2025-04-14 | 15.77% |
| 2025-04-11 | 15.78% |
| 2025-04-10 | 15.78% |
| 2025-04-09 | 15.78% |
| 2025-04-08 | 15.77% |
| 2025-04-07 | 15.77% |
| 2025-04-04 | 15.77% |
| 2025-04-03 | 15.78% |
| 2025-04-02 | 15.77% |
| 2025-04-01 | 15.78% |
| 2025-03-31 | 15.78% |
| 2025-03-28 | 15.77% |
| 2025-03-27 | 15.78% |
| 2025-03-26 | 15.77% |
| 2025-03-25 | 15.78% |
| 2025-03-24 | 15.77% |
| 2025-03-21 | 15.78% |
| 2025-03-20 | 15.78% |
| 2025-03-19 | 15.78% |
| 2025-03-18 | 15.78% |
| 2025-03-17 | 15.78% |
| 2025-03-14 | 15.77% |
| 2025-03-13 | 15.77% |
| 2025-03-12 | 15.77% |
| 2025-03-11 | 15.78% |
| 2025-03-10 | 15.77% |
| 2025-03-07 | 15.78% |
| 2025-03-06 | 15.78% |
| 2025-03-05 | 15.77% |
| 2025-03-04 | 15.77% |
| 2025-03-03 | 15.78% |
| 2025-02-28 | 15.78% |
| 2025-02-27 | 15.77% |
| 2025-02-26 | 15.78% |
| 2025-02-25 | 15.78% |
| 2025-02-24 | 15.77% |
| 2025-02-21 | 15.78% |
| 2025-02-20 | 15.77% |
| 2025-02-19 | 19.75% |
| 2025-02-18 | 19.76% |
| 2025-02-14 | 19.76% |
| 2025-02-13 | 19.77% |
| 2025-02-12 | 19.76% |
| 2025-02-11 | 19.77% |
| 2025-02-10 | 19.76% |
| 2025-02-07 | 19.76% |
| 2025-02-06 | 19.77% |
| 2025-02-05 | 19.76% |
| 2025-02-04 | 19.76% |
| 2025-02-03 | 19.76% |
| 2025-01-31 | 19.76% |
| 2025-01-30 | 19.76% |
| 2025-01-29 | 19.76% |
| 2025-01-28 | 19.76% |
| 2025-01-27 | 19.76% |
| 2025-01-24 | 19.76% |
| 2025-01-23 | 19.76% |
| 2025-01-22 | 19.76% |
| 2025-01-21 | 19.77% |
| 2025-01-17 | 19.76% |
| 2025-01-16 | 19.76% |
| 2025-01-15 | 19.77% |
| 2025-01-14 | 19.76% |
| 2025-01-13 | 19.76% |
| 2025-01-10 | 19.76% |
| 2025-01-08 | 19.76% |
| 2025-01-07 | 19.75% |
| 2025-01-06 | 19.76% |
| 2025-01-03 | 19.75% |
| 2025-01-02 | 19.75% |
| 2024-12-31 | 19.77% |
| 2024-12-30 | 19.76% |
| 2024-12-27 | 19.76% |
| 2024-12-26 | 19.77% |
| 2024-12-24 | 19.76% |
| 2024-12-23 | 19.77% |
| 2024-12-20 | 20.83% |
| 2024-12-19 | 20.83% |
| 2024-12-18 | 20.83% |
| 2024-12-17 | 20.84% |
| 2024-12-16 | 20.84% |
| 2024-12-13 | 20.84% |
| 2024-12-12 | 20.84% |
| 2024-12-11 | 20.83% |
| 2024-12-10 | 20.84% |
| 2024-12-09 | 20.83% |
| 2024-12-06 | 20.83% |
| 2024-12-05 | 20.83% |
| 2024-12-04 | 20.84% |
| 2024-12-03 | 20.84% |
| 2024-12-02 | 20.83% |
| 2024-11-29 | 20.83% |
| 2024-11-27 | 20.83% |
| 2024-11-26 | 20.84% |
| 2024-11-25 | 20.83% |
| 2024-11-22 | 20.83% |
| 2024-11-21 | 20.83% |
| 2024-11-20 | 15.62% |
| 2024-11-19 | 20.83% |
| 2024-11-18 | 20.84% |
| 2024-11-15 | 20.83% |
| 2024-11-14 | 20.83% |
| 2024-11-13 | 20.83% |
| 2024-11-12 | 20.84% |
| 2024-11-11 | 20.84% |
| 2024-11-08 | 20.83% |
| 2024-11-07 | 20.83% |
| 2024-11-06 | 20.83% |
| 2024-11-05 | 20.84% |
| 2024-11-04 | 20.84% |
| 2024-11-01 | 20.84% |
| 2024-10-31 | 20.83% |
| 2024-10-30 | 20.84% |
| 2024-10-29 | 20.84% |
| 2024-10-28 | 20.84% |
| 2024-10-25 | 20.84% |
| 2024-10-24 | 20.84% |
| 2024-10-23 | 20.83% |
| 2024-10-22 | 20.83% |
| 2024-10-21 | 20.84% |
| 2024-10-18 | 20.83% |
| 2024-10-17 | 20.82% |
| 2024-10-16 | 20.84% |
| 2024-10-15 | 20.84% |
| 2024-10-14 | 20.83% |
| 2024-10-11 | 20.84% |
| 2024-10-10 | 20.84% |
| 2024-10-09 | 20.83% |
| 2024-10-08 | 20.83% |
| 2024-10-07 | 20.84% |
| 2024-10-04 | 20.83% |
| 2024-10-03 | 20.84% |
| 2024-10-02 | 20.84% |
| 2024-10-01 | 20.84% |
| 2024-09-30 | 20.84% |
| 2024-09-27 | 20.83% |
| 2024-09-26 | 20.83% |
| 2024-09-25 | 20.83% |
| 2024-09-24 | 20.83% |
| 2024-09-23 | 20.83% |
| 2024-09-20 | 20.83% |
| 2024-09-19 | 20.84% |
| 2024-09-18 | 20.84% |
| 2024-09-17 | 20.84% |
| 2024-09-16 | 20.83% |
| 2024-09-13 | 20.83% |
| 2024-09-12 | 20.84% |
| 2024-09-11 | 20.82% |
| 2024-09-10 | 20.84% |
| 2024-09-09 | 20.83% |
| 2024-09-06 | 20.82% |
| 2024-09-05 | 20.83% |
| 2024-09-04 | 20.83% |
| 2024-09-03 | 20.84% |
| 2024-08-30 | 20.83% |
| 2024-08-29 | 20.84% |
| 2024-08-28 | 20.83% |
| 2024-08-27 | 20.83% |
| 2024-08-26 | 20.84% |
| 2024-08-23 | 20.83% |
| 2024-08-22 | 20.82% |
| 2024-08-21 | 20.83% |
| 2024-08-20 | 20.83% |
| 2024-08-19 | 20.84% |
| 2024-08-16 | 20.84% |
| 2024-08-15 | 20.82% |
| 2024-08-14 | 20.84% |
| 2024-08-13 | 20.83% |
| 2024-08-12 | 20.82% |
| 2024-08-09 | 20.82% |
| 2024-08-08 | 20.84% |
| 2024-08-07 | 20.83% |
| 2024-08-06 | 20.83% |
| 2024-08-05 | 20.83% |
| 2024-08-02 | 20.82% |
| 2024-08-01 | 20.83% |
| 2024-07-31 | 20.83% |
| 2024-07-30 | 25.64% |
| 2024-07-29 | 25.63% |
| 2024-07-26 | 25.64% |
| 2024-07-25 | 25.64% |
| 2024-07-24 | 25.63% |
| 2024-07-23 | 25.63% |
| 2024-07-22 | 25.63% |
| 2024-07-19 | 25.64% |
| 2024-07-18 | 25.65% |
| 2024-07-17 | 25.64% |
| 2024-07-16 | 25.65% |
| 2024-07-15 | 25.64% |
| 2024-07-12 | 25.64% |
| 2024-07-11 | 25.64% |
| 2024-07-10 | 25.64% |
| 2024-07-09 | 25.63% |
| 2024-07-08 | 25.64% |
| 2024-07-05 | 25.63% |
| 2024-07-03 | 25.63% |
| 2024-07-02 | 25.64% |
| 2024-07-01 | 25.63% |
| 2024-06-28 | 25.64% |
| 2024-06-27 | 25.64% |
| 2024-06-26 | 25.64% |
| 2024-06-25 | 25.65% |
| 2024-06-24 | 25.64% |
| 2024-06-21 | 25.65% |
| 2024-06-20 | 25.64% |
| 2024-06-18 | 25.63% |
| 2024-06-17 | 25.64% |
| 2024-06-14 | 25.64% |
| 2024-06-13 | 25.64% |
| 2024-06-12 | 25.65% |
| 2024-06-11 | 25.64% |
| 2024-06-10 | 25.64% |
| 2024-06-07 | 25.65% |
| 2024-06-06 | 25.64% |
| 2024-06-05 | 25.63% |
| 2024-06-04 | 25.64% |
| 2024-06-03 | 25.65% |
| 2024-05-31 | 25.64% |
| 2024-05-30 | 25.64% |
| 2024-05-29 | 25.63% |
| 2024-05-28 | 25.65% |
| 2024-05-24 | 25.63% |
| 2024-05-23 | 25.65% |
| 2024-05-22 | 32.04% |
| 2024-05-21 | 25.63% |
| 2024-05-20 | 25.64% |
| 2024-05-17 | 25.65% |
| 2024-05-16 | 25.64% |
| 2024-05-15 | 25.65% |
| 2024-05-14 | 25.64% |
| 2024-05-13 | 25.64% |
| 2024-05-10 | 25.64% |
| 2024-05-09 | 25.64% |
| 2024-05-08 | 25.65% |
| 2024-05-07 | 25.64% |
| 2024-05-06 | 25.64% |
| 2024-05-03 | 25.64% |
Showing the most recent 260 of 4,434 data points. The chart above shows the full history.
| $1.68 |
| 18.5% |
| 2018-12-31 | $7.97 | $1.50 | 18.8% |
| 2017-12-31 | $5.43 | $1.30 | 23.9% |
| 2016-12-31 | $5.77 | $1.16 | 20.1% |
| 2015-12-31 | $5.14 | $1.08 | 21.0% |
| 2014-12-31 | $4.91 | $0.92 | 18.7% |
| 2013-12-31 | $4.97 | $0.60 | 12.1% |
| 2012-11-30 | $4.51 | $0.40 | 8.9% |
| 2011-11-30 | $4.06 | $0.20 | 4.9% |
| 2010-11-30 | $1.23 | $0.08 | 6.5% |
| 2009-11-30 | $2.39 | $0.12 | 5.0% |
| 2008-11-30 | $1.90 | $0.24 | 12.6% |
| 2007-11-30 | $1.23 | $0.06 | 4.9% |
