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 16.69% is 68% above its 5-year average of 9.96%, near the high end of its 5-year range (5.44%–19.07%).
As of Saturday, August 1, 2026. 14.36% above its 12-month average of 14.59%.
Dividend Payout Ratio (16.69%) = TTM Dividends/Share ($1.75) / TTM EPS ($10.49)
DIVIDEND PAYOUT RATIO
16.69%
DIVIDEND PAYOUT RATIO AVG TTM
14.59%
DIVIDEND PAYOUT RATIO AVG 3Y
11.59%
DIVIDEND PAYOUT RATIO AVG 5Y
9.96%
DIVIDEND PAYOUT RATIO AVG 10Y
11.65%
DIVIDEND PAYOUT RATIO AVG 15Y
11.39%
DIVIDEND PAYOUT RATIO AVG 20Y
11.55%
CURRENT VS TTM AVG
+14.36%
CURRENT VS 3Y AVG
+43.97%
CURRENT VS 5Y AVG
+67.58%
CURRENT VS 10Y AVG
+43.17%
CURRENT VS 15Y AVG
+46.43%
CURRENT VS 20Y AVG
+44.49%
| Year | EPS | Dividend | Payout Ratio |
|---|---|---|---|
| 2025 | $11.62 | $1.65 | 14.2% |
| 2024 | $14.44 | $1.30 | 9.0% |
| 2023 | $13.93 | $1.05 | 7.5% |
| 2022 | $16.65 | $0.93 | 5.6% |
| 2021 | $11.56 | $0.83 | 7.1% |
| 2020 | $6.49 | $0.72 |
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 |
|---|---|
| 2026-07-31 | 16.69% |
| 2026-07-30 | 16.68% |
| 2026-07-29 | 16.68% |
| 2026-07-28 | 16.68% |
| 2026-07-27 | 16.69% |
| 2026-07-24 | 16.68% |
| 2026-07-23 | 16.68% |
| 2026-07-22 | 16.40% |
| 2026-07-21 | 16.40% |
| 2026-07-20 | 16.40% |
| 2026-07-17 | 16.40% |
| 2026-07-16 | 16.40% |
| 2026-07-15 | 16.40% |
| 2026-07-14 | 16.40% |
| 2026-07-13 | 16.40% |
| 2026-07-10 | 16.41% |
| 2026-07-09 | 16.41% |
| 2026-07-08 | 16.40% |
| 2026-07-07 | 16.40% |
| 2026-07-06 | 16.40% |
| 2026-07-02 | 16.40% |
| 2026-07-01 | 16.40% |
| 2026-06-30 | 16.41% |
| 2026-06-29 | 16.40% |
| 2026-06-26 | 16.40% |
| 2026-06-25 | 16.40% |
| 2026-06-24 | 16.41% |
| 2026-06-23 | 16.40% |
| 2026-06-22 | 16.40% |
| 2026-06-18 | 16.40% |
| 2026-06-17 | 16.40% |
| 2026-06-16 | 16.40% |
| 2026-06-15 | 16.41% |
| 2026-06-12 | 16.40% |
| 2026-06-11 | 16.40% |
| 2026-06-10 | 16.40% |
| 2026-06-09 | 16.40% |
| 2026-06-08 | 16.40% |
| 2026-06-05 | 16.41% |
| 2026-06-04 | 16.40% |
| 2026-06-03 | 16.40% |
| 2026-06-02 | 16.40% |
| 2026-06-01 | 16.41% |
| 2026-05-29 | 16.41% |
| 2026-05-28 | 16.40% |
| 2026-05-27 | 16.40% |
| 2026-05-26 | 16.41% |
| 2026-05-22 | 16.40% |
| 2026-05-21 | 16.40% |
| 2026-05-20 | 16.41% |
| 2026-05-19 | 16.41% |
| 2026-05-18 | 16.41% |
| 2026-05-15 | 16.40% |
| 2026-05-14 | 16.40% |
| 2026-05-13 | 16.40% |
| 2026-05-12 | 16.40% |
| 2026-05-11 | 16.41% |
| 2026-05-08 | 16.41% |
| 2026-05-07 | 16.40% |
| 2026-05-06 | 12.18% |
| 2026-05-05 | 12.19% |
| 2026-05-04 | 12.18% |
| 2026-05-01 | 15.94% |
| 2026-04-30 | 15.93% |
| 2026-04-29 | 15.93% |
| 2026-04-28 | 15.93% |
| 2026-04-27 | 15.93% |
| 2026-04-24 | 15.94% |
| 2026-04-23 | 15.93% |
| 2026-04-22 | 15.44% |
| 2026-04-21 | 15.44% |
| 2026-04-20 | 15.44% |
| 2026-04-17 | 15.44% |
| 2026-04-16 | 15.44% |
| 2026-04-15 | 15.44% |
| 2026-04-14 | 15.44% |
| 2026-04-13 | 15.44% |
| 2026-04-10 | 15.45% |
| 2026-04-09 | 15.45% |
| 2026-04-08 | 15.44% |
| 2026-04-07 | 15.44% |
| 2026-04-06 | 15.44% |
| 2026-04-02 | 15.44% |
| 2026-04-01 | 15.44% |
| 2026-03-31 | 15.44% |
| 2026-03-30 | 15.44% |
| 2026-03-27 | 15.44% |
| 2026-03-26 | 15.44% |
| 2026-03-25 | 15.45% |
| 2026-03-24 | 15.44% |
| 2026-03-23 | 15.44% |
| 2026-03-20 | 15.44% |
| 2026-03-19 | 15.44% |
| 2026-03-18 | 15.45% |
| 2026-03-17 | 15.44% |
| 2026-03-16 | 15.45% |
| 2026-03-13 | 15.44% |
| 2026-03-12 | 15.44% |
| 2026-03-11 | 15.44% |
| 2026-03-10 | 15.45% |
| 2026-03-09 | 15.44% |
| 2026-03-06 | 15.45% |
| 2026-03-05 | 15.44% |
| 2026-03-04 | 15.44% |
| 2026-03-03 | 15.44% |
| 2026-03-02 | 15.44% |
| 2026-02-27 | 15.44% |
| 2026-02-26 | 15.44% |
| 2026-02-25 | 15.44% |
| 2026-02-24 | 15.44% |
| 2026-02-23 | 15.44% |
| 2026-02-20 | 15.44% |
| 2026-02-19 | 15.45% |
| 2026-02-18 | 15.44% |
| 2026-02-17 | 15.44% |
| 2026-02-13 | 15.44% |
| 2026-02-12 | 15.44% |
| 2026-02-11 | 15.44% |
| 2026-02-10 | 15.44% |
| 2026-02-09 | 15.44% |
| 2026-02-06 | 19.07% |
| 2026-02-05 | 19.07% |
| 2026-02-04 | 14.99% |
| 2026-02-03 | 14.98% |
| 2026-02-02 | 14.98% |
| 2026-01-30 | 14.99% |
| 2026-01-29 | 14.98% |
| 2026-01-28 | 14.99% |
| 2026-01-27 | 14.99% |
| 2026-01-26 | 14.98% |
| 2026-01-23 | 14.99% |
| 2026-01-22 | 14.99% |
| 2026-01-21 | 14.23% |
| 2026-01-20 | 14.24% |
| 2026-01-16 | 14.24% |
| 2026-01-15 | 14.24% |
| 2026-01-14 | 14.23% |
| 2026-01-13 | 14.24% |
| 2026-01-12 | 14.24% |
| 2026-01-09 | 14.24% |
| 2026-01-08 | 14.24% |
| 2026-01-07 | 14.24% |
| 2026-01-06 | 14.24% |
| 2026-01-05 | 14.24% |
| 2026-01-02 | 14.23% |
| 2025-12-31 | 14.24% |
| 2025-12-30 | 14.24% |
| 2025-12-29 | 14.23% |
| 2025-12-26 | 14.23% |
| 2025-12-24 | 14.23% |
| 2025-12-23 | 14.24% |
| 2025-12-22 | 14.23% |
| 2025-12-19 | 14.24% |
| 2025-12-18 | 14.23% |
| 2025-12-17 | 14.23% |
| 2025-12-16 | 14.23% |
| 2025-12-15 | 14.24% |
| 2025-12-12 | 14.24% |
| 2025-12-11 | 14.24% |
| 2025-12-10 | 14.24% |
| 2025-12-09 | 14.24% |
| 2025-12-08 | 14.23% |
| 2025-12-05 | 14.24% |
| 2025-12-04 | 14.24% |
| 2025-12-03 | 14.24% |
| 2025-12-02 | 14.23% |
| 2025-12-01 | 14.24% |
| 2025-11-28 | 14.24% |
| 2025-11-26 | 14.24% |
| 2025-11-25 | 14.23% |
| 2025-11-24 | 14.23% |
| 2025-11-21 | 14.24% |
| 2025-11-20 | 14.24% |
| 2025-11-19 | 14.24% |
| 2025-11-18 | 13.23% |
| 2025-11-17 | 13.23% |
| 2025-11-14 | 13.23% |
| 2025-11-13 | 13.23% |
| 2025-11-12 | 9.62% |
| 2025-11-11 | 12.83% |
| 2025-11-10 | 12.83% |
| 2025-11-07 | 12.83% |
| 2025-11-06 | 12.84% |
| 2025-11-05 | 12.83% |
| 2025-11-04 | 12.84% |
| 2025-11-03 | 12.83% |
| 2025-10-31 | 12.84% |
| 2025-10-30 | 12.83% |
| 2025-10-29 | 12.83% |
| 2025-10-28 | 12.83% |
| 2025-10-27 | 12.83% |
| 2025-10-24 | 12.83% |
| 2025-10-23 | 12.83% |
| 2025-10-22 | 12.83% |
| 2025-10-21 | 12.83% |
| 2025-10-20 | 12.83% |
| 2025-10-17 | 12.83% |
| 2025-10-16 | 12.83% |
| 2025-10-15 | 12.83% |
| 2025-10-14 | 12.83% |
| 2025-10-13 | 12.83% |
| 2025-10-10 | 12.84% |
| 2025-10-09 | 12.83% |
| 2025-10-08 | 12.83% |
| 2025-10-07 | 12.83% |
| 2025-10-06 | 12.84% |
| 2025-10-03 | 12.83% |
| 2025-10-02 | 12.83% |
| 2025-10-01 | 12.83% |
| 2025-09-30 | 12.83% |
| 2025-09-29 | 12.83% |
| 2025-09-26 | 12.83% |
| 2025-09-25 | 12.83% |
| 2025-09-24 | 12.83% |
| 2025-09-23 | 12.83% |
| 2025-09-22 | 12.83% |
| 2025-09-19 | 12.83% |
| 2025-09-18 | 12.83% |
| 2025-09-17 | 12.83% |
| 2025-09-16 | 12.83% |
| 2025-09-15 | 12.83% |
| 2025-09-12 | 12.83% |
| 2025-09-11 | 12.83% |
| 2025-09-10 | 12.83% |
| 2025-09-09 | 12.83% |
| 2025-09-08 | 12.83% |
| 2025-09-05 | 12.83% |
| 2025-09-04 | 12.83% |
| 2025-09-03 | 12.83% |
| 2025-09-02 | 12.83% |
| 2025-08-29 | 12.83% |
| 2025-08-28 | 12.84% |
| 2025-08-27 | 12.83% |
| 2025-08-26 | 12.83% |
| 2025-08-25 | 12.83% |
| 2025-08-22 | 12.83% |
| 2025-08-21 | 12.83% |
| 2025-08-20 | 12.83% |
| 2025-08-19 | 12.83% |
| 2025-08-18 | 12.83% |
| 2025-08-15 | 12.83% |
| 2025-08-14 | 12.83% |
| 2025-08-13 | 12.83% |
| 2025-08-12 | 12.83% |
| 2025-08-11 | 12.83% |
| 2025-08-08 | 12.83% |
| 2025-08-07 | 12.83% |
| 2025-08-06 | 9.62% |
| 2025-08-05 | 9.63% |
| 2025-08-04 | 9.62% |
| 2025-08-01 | 9.62% |
| 2025-07-31 | 12.02% |
| 2025-07-30 | 12.03% |
| 2025-07-29 | 12.03% |
| 2025-07-28 | 12.02% |
| 2025-07-25 | 12.03% |
| 2025-07-24 | 12.02% |
| 2025-07-23 | 12.03% |
| 2025-07-22 | 11.36% |
| 2025-07-21 | 11.35% |
Showing the most recent 260 of 2,241 data points. The chart above shows the full history.
| 11.2% |
| 2019 | $4.34 | $0.63 | 14.4% |
| 2018 | $3.88 | $0.53 | 13.5% |
| 2017 | $2.77 | $0.43 | 15.3% |
| 2016 | $2.39 | $0.34 | 14.2% |
| 2015 | $2.05 | $0.27 | 13.0% |
| 2014 | $1.57 | $0.20 | 12.7% |
| 2013 | $1.44 | $0.00 | 0.0% |
| 2012 | $3.01 | $0.30 | 10.0% |
| 2011 | $0.23 | $0.15 | 65.2% |
| 2010 | $0.77 | $0.15 | 19.5% |
| 2009 | ($1.72) | $0.15 | N/A (Loss) |
| 2008 | ($8.34) | $0.34 | N/A (Loss) |
| 2007 | ($2.27) | $0.60 | N/A (Loss) |
| 2006 | $3.94 | $0.50 | 12.7% |
| 2005 | $4.71 | $0.34 | 7.2% |
| 2004 | $3.14 | $0.24 | 7.6% |
| 2003 | $1.35 | $0.14 | 10.4% |
| 2002 | $1.51 | $0.11 | 7.3% |
| 2001 | $1.13 | $0.07 | 5.8% |
| 2000 | $0.85 | $0.05 | 5.3% |
| 1999 | $0.64 | $0.03 | 5.2% |
| 1998 | $0.46 | $0.02 | 5.3% |
| 1997 | $0.35 | $0.02 | 6.3% |
| 1996 | $0.24 | $0.00 | 0.0% |
