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 42.31% is 17% above its 5-year average of 36.07%, around the middle of its 5-year range (27.37%–50.94%).
As of Wednesday, September 9, 2026. 3.65% above its 12-month average of 40.82%.
Dividend Payout Ratio (42.31%) = TTM Dividends/Share ($7.46) / TTM EPS ($17.63)
Trailing-12-month dividend payout ratio; raw quarterly payout is intentionally not charted. Historical series through 2026-09-09.
DIVIDEND PAYOUT RATIO
42.31%
DIVIDEND PAYOUT RATIO AVG TTM
40.82%
DIVIDEND PAYOUT RATIO AVG 3Y
37.99%
DIVIDEND PAYOUT RATIO AVG 5Y
36.07%
DIVIDEND PAYOUT RATIO AVG 10Y
33.36%
DIVIDEND PAYOUT RATIO AVG 15Y
33.50%
DIVIDEND PAYOUT RATIO AVG 20Y
32.73%
CURRENT VS TTM AVG
+3.65%
CURRENT VS 3Y AVG
+11.36%
CURRENT VS 5Y AVG
+17.29%
CURRENT VS 10Y AVG
+26.81%
CURRENT VS 15Y AVG
+26.28%
CURRENT VS 20Y AVG
+29.27%
| Fiscal year end | EPS | Dividends (FY) | Payout Ratio |
|---|---|---|---|
| 2025-12-28 | $17.69 | $6.96 | 39.3% |
| 2024-12-29 | $16.82 | $6.04 | 35.9% |
| 2023-12-31 | $14.80 | $4.84 | 32.7% |
| 2023-01-01 | $12.66 | $4.40 | 34.8% |
| 2022-01-02 | $13.72 | $3.76 | 27.4% |
| 2021-01-03 | $12.61 |
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 |
|---|---|
| 2026-09-09 | 42.31% |
| 2026-09-08 | 42.30% |
| 2026-09-04 | 42.32% |
| 2026-09-03 | 42.31% |
| 2026-09-02 | 42.31% |
| 2026-09-01 | 42.32% |
| 2026-08-31 | 42.31% |
| 2026-08-28 | 42.31% |
| 2026-08-27 | 42.30% |
| 2026-08-26 | 42.31% |
| 2026-08-25 | 42.32% |
| 2026-08-24 | 42.32% |
| 2026-08-21 | 42.31% |
| 2026-08-20 | 42.32% |
| 2026-08-19 | 42.32% |
| 2026-08-18 | 42.31% |
| 2026-08-17 | 42.32% |
| 2026-08-14 | 42.31% |
| 2026-08-13 | 42.31% |
| 2026-08-12 | 42.31% |
| 2026-08-11 | 42.32% |
| 2026-08-10 | 42.31% |
| 2026-08-07 | 42.32% |
| 2026-08-06 | 42.31% |
| 2026-08-05 | 42.30% |
| 2026-08-04 | 42.31% |
| 2026-08-03 | 42.31% |
| 2026-07-31 | 42.32% |
| 2026-07-30 | 42.31% |
| 2026-07-29 | 42.31% |
| 2026-07-28 | 42.32% |
| 2026-07-27 | 42.32% |
| 2026-07-24 | 42.32% |
| 2026-07-23 | 42.33% |
| 2026-07-22 | 42.31% |
| 2026-07-21 | 42.31% |
| 2026-07-20 | 42.95% |
| 2026-07-17 | 42.95% |
| 2026-07-16 | 42.95% |
| 2026-07-15 | 42.95% |
| 2026-07-14 | 42.95% |
| 2026-07-13 | 42.95% |
| 2026-07-10 | 42.95% |
| 2026-07-09 | 42.94% |
| 2026-07-08 | 42.96% |
| 2026-07-07 | 42.95% |
| 2026-07-06 | 42.94% |
| 2026-07-02 | 42.94% |
| 2026-07-01 | 42.94% |
| 2026-06-30 | 42.94% |
| 2026-06-29 | 42.95% |
| 2026-06-26 | 42.96% |
| 2026-06-25 | 42.94% |
| 2026-06-24 | 42.95% |
| 2026-06-23 | 42.94% |
| 2026-06-22 | 42.95% |
| 2026-06-18 | 42.95% |
| 2026-06-17 | 42.95% |
| 2026-06-16 | 42.94% |
| 2026-06-15 | 42.94% |
| 2026-06-12 | 41.52% |
| 2026-06-11 | 41.52% |
| 2026-06-10 | 41.50% |
| 2026-06-09 | 41.51% |
| 2026-06-08 | 41.51% |
| 2026-06-05 | 41.52% |
| 2026-06-04 | 41.50% |
| 2026-06-03 | 41.51% |
| 2026-06-02 | 41.50% |
| 2026-06-01 | 41.51% |
| 2026-05-29 | 41.51% |
| 2026-05-28 | 41.52% |
| 2026-05-27 | 41.52% |
| 2026-05-26 | 41.51% |
| 2026-05-22 | 41.50% |
| 2026-05-21 | 41.51% |
| 2026-05-20 | 41.51% |
| 2026-05-19 | 41.52% |
| 2026-05-18 | 41.50% |
| 2026-05-15 | 41.50% |
| 2026-05-14 | 41.50% |
| 2026-05-13 | 41.51% |
| 2026-05-12 | 41.52% |
| 2026-05-11 | 41.50% |
| 2026-05-08 | 41.50% |
| 2026-05-07 | 41.50% |
| 2026-05-06 | 41.51% |
| 2026-05-05 | 41.51% |
| 2026-05-04 | 41.50% |
| 2026-05-01 | 41.52% |
| 2026-04-30 | 41.51% |
| 2026-04-29 | 41.51% |
| 2026-04-28 | 41.51% |
| 2026-04-27 | 41.03% |
| 2026-04-24 | 41.05% |
| 2026-04-23 | 41.03% |
| 2026-04-22 | 41.04% |
| 2026-04-21 | 41.03% |
| 2026-04-20 | 41.04% |
| 2026-04-17 | 41.04% |
| 2026-04-16 | 41.03% |
| 2026-04-15 | 41.04% |
| 2026-04-14 | 41.03% |
| 2026-04-13 | 41.03% |
| 2026-04-10 | 41.04% |
| 2026-04-09 | 41.04% |
| 2026-04-08 | 41.03% |
| 2026-04-07 | 41.03% |
| 2026-04-06 | 41.03% |
| 2026-04-02 | 41.05% |
| 2026-04-01 | 41.04% |
| 2026-03-31 | 41.03% |
| 2026-03-30 | 41.04% |
| 2026-03-27 | 41.03% |
| 2026-03-26 | 41.04% |
| 2026-03-25 | 41.03% |
| 2026-03-24 | 41.03% |
| 2026-03-23 | 41.04% |
| 2026-03-20 | 41.04% |
| 2026-03-19 | 41.04% |
| 2026-03-18 | 41.03% |
| 2026-03-17 | 41.04% |
| 2026-03-16 | 41.04% |
| 2026-03-13 | 50.94% |
| 2026-03-12 | 39.62% |
| 2026-03-11 | 39.61% |
| 2026-03-10 | 39.62% |
| 2026-03-09 | 39.61% |
| 2026-03-06 | 39.60% |
| 2026-03-05 | 39.61% |
| 2026-03-04 | 39.61% |
| 2026-03-03 | 39.61% |
| 2026-03-02 | 39.61% |
| 2026-02-27 | 39.61% |
| 2026-02-26 | 39.62% |
| 2026-02-25 | 39.61% |
| 2026-02-24 | 39.61% |
| 2026-02-23 | 40.68% |
| 2026-02-20 | 40.68% |
| 2026-02-19 | 40.68% |
| 2026-02-18 | 40.67% |
| 2026-02-17 | 40.68% |
| 2026-02-13 | 40.68% |
| 2026-02-12 | 40.67% |
| 2026-02-11 | 40.67% |
| 2026-02-10 | 40.68% |
| 2026-02-09 | 40.68% |
| 2026-02-06 | 40.68% |
| 2026-02-05 | 40.67% |
| 2026-02-04 | 40.68% |
| 2026-02-03 | 40.67% |
| 2026-02-02 | 40.68% |
| 2026-01-30 | 40.67% |
| 2026-01-29 | 40.67% |
| 2026-01-28 | 40.67% |
| 2026-01-27 | 40.68% |
| 2026-01-26 | 40.68% |
| 2026-01-23 | 40.68% |
| 2026-01-22 | 40.68% |
| 2026-01-21 | 40.69% |
| 2026-01-20 | 40.69% |
| 2026-01-16 | 40.67% |
| 2026-01-15 | 40.68% |
| 2026-01-14 | 40.68% |
| 2026-01-13 | 40.69% |
| 2026-01-12 | 40.68% |
| 2026-01-09 | 40.69% |
| 2026-01-08 | 40.67% |
| 2026-01-07 | 40.68% |
| 2026-01-06 | 40.68% |
| 2026-01-05 | 40.68% |
| 2026-01-02 | 40.69% |
| 2025-12-31 | 40.68% |
| 2025-12-30 | 40.68% |
| 2025-12-29 | 40.68% |
| 2025-12-26 | 40.67% |
| 2025-12-24 | 40.67% |
| 2025-12-23 | 40.68% |
| 2025-12-22 | 40.68% |
| 2025-12-19 | 40.68% |
| 2025-12-18 | 40.68% |
| 2025-12-17 | 40.67% |
| 2025-12-16 | 40.68% |
| 2025-12-15 | 40.68% |
| 2025-12-12 | 39.33% |
| 2025-12-11 | 39.34% |
| 2025-12-10 | 39.33% |
| 2025-12-09 | 39.33% |
| 2025-12-08 | 39.34% |
| 2025-12-05 | 39.34% |
| 2025-12-04 | 39.33% |
| 2025-12-03 | 39.33% |
| 2025-12-02 | 39.34% |
| 2025-12-01 | 39.33% |
| 2025-11-28 | 39.34% |
| 2025-11-26 | 39.33% |
| 2025-11-25 | 39.34% |
| 2025-11-24 | 39.33% |
| 2025-11-21 | 39.33% |
| 2025-11-20 | 39.34% |
| 2025-11-19 | 39.34% |
| 2025-11-18 | 39.33% |
| 2025-11-17 | 39.34% |
| 2025-11-14 | 39.33% |
| 2025-11-13 | 39.34% |
| 2025-11-12 | 39.34% |
| 2025-11-11 | 39.34% |
| 2025-11-10 | 39.33% |
| 2025-11-07 | 39.33% |
| 2025-11-06 | 39.33% |
| 2025-11-05 | 39.33% |
| 2025-11-04 | 39.33% |
| 2025-11-03 | 39.33% |
| 2025-10-31 | 39.34% |
| 2025-10-30 | 39.33% |
| 2025-10-29 | 39.33% |
| 2025-10-28 | 39.33% |
| 2025-10-27 | 39.33% |
| 2025-10-24 | 39.34% |
| 2025-10-23 | 39.33% |
| 2025-10-22 | 39.34% |
| 2025-10-21 | 39.33% |
| 2025-10-20 | 39.34% |
| 2025-10-17 | 39.34% |
| 2025-10-16 | 39.34% |
| 2025-10-15 | 39.34% |
| 2025-10-14 | 39.09% |
| 2025-10-13 | 39.08% |
| 2025-10-10 | 39.08% |
| 2025-10-09 | 39.09% |
| 2025-10-08 | 39.08% |
| 2025-10-07 | 39.08% |
| 2025-10-06 | 39.08% |
| 2025-10-03 | 39.08% |
| 2025-10-02 | 39.08% |
| 2025-10-01 | 39.08% |
| 2025-09-30 | 39.08% |
| 2025-09-29 | 39.09% |
| 2025-09-26 | 39.07% |
| 2025-09-25 | 39.08% |
| 2025-09-24 | 39.09% |
| 2025-09-23 | 39.09% |
| 2025-09-22 | 39.09% |
| 2025-09-19 | 39.09% |
| 2025-09-18 | 39.09% |
| 2025-09-17 | 39.09% |
| 2025-09-16 | 39.08% |
| 2025-09-15 | 39.08% |
| 2025-09-12 | 37.74% |
| 2025-09-11 | 37.75% |
| 2025-09-10 | 37.74% |
| 2025-09-09 | 37.74% |
| 2025-09-08 | 37.75% |
| 2025-09-05 | 37.75% |
| 2025-09-04 | 37.74% |
| 2025-09-03 | 37.75% |
| 2025-09-02 | 37.75% |
| 2025-08-29 | 37.74% |
| 2025-08-28 | 37.74% |
| 2025-08-27 | 37.75% |
Showing the most recent 260 of 1,994 data points. The chart above shows the full history.
| $3.12 |
| 24.7% |
| 2019-12-31 | $9.83 | $2.60 | 26.4% |
| 2018-12-31 | $8.65 | $2.20 | 25.4% |
| 2017-12-31 | $6.48 | $1.84 | 28.4% |
| 2016-12-31 | $4.45 | $1.52 | 34.2% |
| 2015-12-31 | $3.53 | $1.24 | 35.1% |
| 2014-12-31 | $2.93 | $1.00 | 34.1% |
| 2013-12-31 | $2.56 | $0.80 | 31.3% |
| 2012-12-31 | $1.99 | $0.00 | 0.0% |
| 2011-12-31 | $1.79 | $0.00 | 0.0% |
| 2010-12-31 | $1.50 | $0.00 | 0.0% |
| 2009-12-31 | $1.36 | $0.00 | 0.0% |
| 2008-12-31 | $0.93 | $0.00 | 0.0% |
| 2007-12-31 | $0.61 | $0.00 | 0.0% |
| 2006-12-31 | $1.68 | $0.48 | 28.6% |
| 2005-12-31 | $1.62 | $0.40 | 24.7% |
| 2004-12-31 | $0.85 | $0.07 | 7.6% |
