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 58.90% is in line with its 5-year average of 62.47%, around the middle of its 5-year range (42.46%–79.32%).
As of Friday, September 11, 2026. 5.97% below its 12-month average of 62.64%.
Dividend Payout Ratio (58.90%) = TTM Dividends/Share ($6.12) / TTM EPS ($10.39)
Trailing-12-month dividend payout ratio; raw quarterly payout is intentionally not charted. Historical series through 2026-09-11.
DIVIDEND PAYOUT RATIO
58.90%
DIVIDEND PAYOUT RATIO AVG TTM
62.64%
DIVIDEND PAYOUT RATIO AVG 3Y
62.66%
DIVIDEND PAYOUT RATIO AVG 5Y
62.47%
DIVIDEND PAYOUT RATIO AVG 10Y
60.61%
DIVIDEND PAYOUT RATIO AVG 15Y
59.79%
DIVIDEND PAYOUT RATIO AVG 20Y
52.10%
CURRENT VS TTM AVG
-5.97%
CURRENT VS 3Y AVG
-6.00%
CURRENT VS 5Y AVG
-5.72%
CURRENT VS 10Y AVG
-2.83%
CURRENT VS 15Y AVG
-1.49%
CURRENT VS 20Y AVG
+13.05%
| Fiscal year end | EPS | Dividends (FY) | Payout Ratio |
|---|---|---|---|
| 2026-05-31 | $10.46 | $6.00 | 57.4% |
| 2025-05-25 | $8.93 | $5.60 | 62.7% |
| 2024-05-26 | $8.57 | $5.24 | 61.1% |
| 2023-05-28 | $8.06 | $4.84 | 60.0% |
| 2022-05-29 | $7.46 | $4.40 | 59.0% |
| 2021-05-30 | $4.83 |
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 |
|---|---|
| 2026-09-11 | 58.90% |
| 2026-09-10 | 58.89% |
| 2026-09-09 | 58.91% |
| 2026-09-08 | 58.89% |
| 2026-09-04 | 58.89% |
| 2026-09-03 | 58.92% |
| 2026-09-02 | 58.91% |
| 2026-09-01 | 58.91% |
| 2026-08-31 | 58.90% |
| 2026-08-28 | 58.89% |
| 2026-08-27 | 58.90% |
| 2026-08-26 | 58.90% |
| 2026-08-25 | 58.89% |
| 2026-08-24 | 58.90% |
| 2026-08-21 | 58.91% |
| 2026-08-20 | 58.91% |
| 2026-08-19 | 58.91% |
| 2026-08-18 | 58.89% |
| 2026-08-17 | 58.89% |
| 2026-08-14 | 58.90% |
| 2026-08-13 | 58.90% |
| 2026-08-12 | 58.89% |
| 2026-08-11 | 58.91% |
| 2026-08-10 | 58.91% |
| 2026-08-07 | 58.89% |
| 2026-08-06 | 58.90% |
| 2026-08-05 | 58.90% |
| 2026-08-04 | 58.91% |
| 2026-08-03 | 58.90% |
| 2026-07-31 | 58.89% |
| 2026-07-30 | 58.90% |
| 2026-07-29 | 58.91% |
| 2026-07-28 | 58.90% |
| 2026-07-27 | 58.89% |
| 2026-07-24 | 64.75% |
| 2026-07-23 | 64.76% |
| 2026-07-22 | 64.75% |
| 2026-07-21 | 64.75% |
| 2026-07-20 | 64.77% |
| 2026-07-17 | 64.77% |
| 2026-07-16 | 64.76% |
| 2026-07-15 | 64.77% |
| 2026-07-14 | 64.75% |
| 2026-07-13 | 64.75% |
| 2026-07-10 | 64.75% |
| 2026-07-09 | 63.50% |
| 2026-07-08 | 63.49% |
| 2026-07-07 | 63.49% |
| 2026-07-06 | 63.48% |
| 2026-07-02 | 63.49% |
| 2026-07-01 | 63.49% |
| 2026-06-30 | 63.49% |
| 2026-06-29 | 63.50% |
| 2026-06-26 | 63.50% |
| 2026-06-25 | 63.48% |
| 2026-06-24 | 63.50% |
| 2026-06-23 | 63.48% |
| 2026-06-22 | 63.48% |
| 2026-06-18 | 63.50% |
| 2026-06-17 | 63.48% |
| 2026-06-16 | 63.49% |
| 2026-06-15 | 63.49% |
| 2026-06-12 | 63.50% |
| 2026-06-11 | 63.49% |
| 2026-06-10 | 63.49% |
| 2026-06-09 | 63.49% |
| 2026-06-08 | 63.49% |
| 2026-06-05 | 63.51% |
| 2026-06-04 | 63.49% |
| 2026-06-03 | 63.49% |
| 2026-06-02 | 63.49% |
| 2026-06-01 | 63.50% |
| 2026-05-29 | 63.50% |
| 2026-05-28 | 63.50% |
| 2026-05-27 | 63.49% |
| 2026-05-26 | 63.49% |
| 2026-05-22 | 63.51% |
| 2026-05-21 | 63.48% |
| 2026-05-20 | 63.51% |
| 2026-05-19 | 63.49% |
| 2026-05-18 | 63.48% |
| 2026-05-15 | 63.49% |
| 2026-05-14 | 63.48% |
| 2026-05-13 | 63.48% |
| 2026-05-12 | 63.49% |
| 2026-05-11 | 63.49% |
| 2026-05-08 | 63.51% |
| 2026-05-07 | 63.48% |
| 2026-05-06 | 63.50% |
| 2026-05-05 | 63.49% |
| 2026-05-04 | 63.50% |
| 2026-05-01 | 63.49% |
| 2026-04-30 | 63.48% |
| 2026-04-29 | 63.49% |
| 2026-04-28 | 63.48% |
| 2026-04-27 | 63.50% |
| 2026-04-24 | 63.50% |
| 2026-04-23 | 63.49% |
| 2026-04-22 | 63.51% |
| 2026-04-21 | 63.49% |
| 2026-04-20 | 63.49% |
| 2026-04-17 | 63.50% |
| 2026-04-16 | 63.49% |
| 2026-04-15 | 63.49% |
| 2026-04-14 | 63.49% |
| 2026-04-13 | 63.51% |
| 2026-04-10 | 63.50% |
| 2026-04-09 | 62.44% |
| 2026-04-08 | 62.42% |
| 2026-04-07 | 62.43% |
| 2026-04-06 | 62.43% |
| 2026-04-02 | 62.45% |
| 2026-04-01 | 62.43% |
| 2026-03-31 | 62.42% |
| 2026-03-30 | 62.43% |
| 2026-03-27 | 61.85% |
| 2026-03-26 | 61.86% |
| 2026-03-25 | 61.85% |
| 2026-03-24 | 61.85% |
| 2026-03-23 | 61.84% |
| 2026-03-20 | 61.83% |
| 2026-03-19 | 61.85% |
| 2026-03-18 | 61.85% |
| 2026-03-17 | 61.85% |
| 2026-03-16 | 61.86% |
| 2026-03-13 | 61.84% |
| 2026-03-12 | 61.85% |
| 2026-03-11 | 61.83% |
| 2026-03-10 | 61.85% |
| 2026-03-09 | 61.86% |
| 2026-03-06 | 61.85% |
| 2026-03-05 | 61.86% |
| 2026-03-04 | 61.84% |
| 2026-03-03 | 61.86% |
| 2026-03-02 | 61.85% |
| 2026-02-27 | 61.86% |
| 2026-02-26 | 61.85% |
| 2026-02-25 | 61.85% |
| 2026-02-24 | 61.84% |
| 2026-02-23 | 61.85% |
| 2026-02-20 | 61.83% |
| 2026-02-19 | 61.83% |
| 2026-02-18 | 61.83% |
| 2026-02-17 | 61.84% |
| 2026-02-13 | 61.85% |
| 2026-02-12 | 61.84% |
| 2026-02-11 | 61.86% |
| 2026-02-10 | 61.85% |
| 2026-02-09 | 61.84% |
| 2026-02-06 | 61.85% |
| 2026-02-05 | 61.86% |
| 2026-02-04 | 61.86% |
| 2026-02-03 | 61.85% |
| 2026-02-02 | 61.85% |
| 2026-01-30 | 61.86% |
| 2026-01-29 | 61.83% |
| 2026-01-28 | 61.85% |
| 2026-01-27 | 61.85% |
| 2026-01-26 | 61.84% |
| 2026-01-23 | 61.84% |
| 2026-01-22 | 61.86% |
| 2026-01-21 | 61.83% |
| 2026-01-20 | 61.86% |
| 2026-01-16 | 61.85% |
| 2026-01-15 | 61.85% |
| 2026-01-14 | 61.85% |
| 2026-01-13 | 61.84% |
| 2026-01-12 | 61.84% |
| 2026-01-09 | 76.51% |
| 2026-01-08 | 60.81% |
| 2026-01-07 | 60.80% |
| 2026-01-06 | 60.80% |
| 2026-01-05 | 60.78% |
| 2026-01-02 | 60.79% |
| 2025-12-31 | 60.80% |
| 2025-12-30 | 62.16% |
| 2025-12-29 | 62.16% |
| 2025-12-26 | 62.17% |
| 2025-12-24 | 62.15% |
| 2025-12-23 | 62.16% |
| 2025-12-22 | 62.18% |
| 2025-12-19 | 62.16% |
| 2025-12-18 | 62.16% |
| 2025-12-17 | 62.15% |
| 2025-12-16 | 62.18% |
| 2025-12-15 | 62.16% |
| 2025-12-12 | 62.17% |
| 2025-12-11 | 62.18% |
| 2025-12-10 | 62.17% |
| 2025-12-09 | 62.17% |
| 2025-12-08 | 62.16% |
| 2025-12-05 | 62.17% |
| 2025-12-04 | 62.16% |
| 2025-12-03 | 62.18% |
| 2025-12-02 | 62.17% |
| 2025-12-01 | 62.15% |
| 2025-11-28 | 62.17% |
| 2025-11-26 | 62.16% |
| 2025-11-25 | 62.18% |
| 2025-11-24 | 62.18% |
| 2025-11-21 | 62.18% |
| 2025-11-20 | 62.18% |
| 2025-11-19 | 62.16% |
| 2025-11-18 | 62.16% |
| 2025-11-17 | 62.16% |
| 2025-11-14 | 62.16% |
| 2025-11-13 | 62.16% |
| 2025-11-12 | 62.17% |
| 2025-11-11 | 62.16% |
| 2025-11-10 | 62.18% |
| 2025-11-07 | 62.15% |
| 2025-11-06 | 62.18% |
| 2025-11-05 | 62.15% |
| 2025-11-04 | 62.18% |
| 2025-11-03 | 62.16% |
| 2025-10-31 | 62.17% |
| 2025-10-30 | 62.17% |
| 2025-10-29 | 62.16% |
| 2025-10-28 | 62.18% |
| 2025-10-27 | 62.16% |
| 2025-10-24 | 62.17% |
| 2025-10-23 | 62.15% |
| 2025-10-22 | 62.17% |
| 2025-10-21 | 62.18% |
| 2025-10-20 | 62.16% |
| 2025-10-17 | 62.16% |
| 2025-10-16 | 62.16% |
| 2025-10-15 | 62.17% |
| 2025-10-14 | 62.16% |
| 2025-10-13 | 62.17% |
| 2025-10-10 | 62.17% |
| 2025-10-09 | 61.09% |
| 2025-10-08 | 61.09% |
| 2025-10-07 | 61.09% |
| 2025-10-06 | 61.08% |
| 2025-10-03 | 61.11% |
| 2025-10-02 | 61.10% |
| 2025-10-01 | 61.09% |
| 2025-09-30 | 61.08% |
| 2025-09-29 | 61.08% |
| 2025-09-26 | 64.17% |
| 2025-09-25 | 64.19% |
| 2025-09-24 | 64.18% |
| 2025-09-23 | 64.18% |
| 2025-09-22 | 64.20% |
| 2025-09-19 | 64.18% |
| 2025-09-18 | 64.17% |
| 2025-09-17 | 64.18% |
| 2025-09-16 | 64.18% |
| 2025-09-15 | 64.18% |
| 2025-09-12 | 64.18% |
| 2025-09-11 | 64.19% |
| 2025-09-10 | 64.18% |
| 2025-09-09 | 64.20% |
| 2025-09-08 | 64.20% |
| 2025-09-05 | 64.18% |
| 2025-09-04 | 64.19% |
| 2025-09-03 | 64.18% |
| 2025-09-02 | 64.19% |
| 2025-08-29 | 64.18% |
Showing the most recent 260 of 2,528 data points. The chart above shows the full history.
| $1.55 |
| 32.1% |
| 2020-05-31 | ($0.40) | $2.64 | N/A (Loss) |
| 2019-05-31 | $5.78 | $3.00 | 51.9% |
| 2018-05-31 | $4.81 | $2.52 | 52.4% |
| 2017-05-31 | $3.85 | $2.24 | 58.2% |
| 2016-05-31 | $2.94 | $1.98 | 67.5% |
| 2015-05-31 | $5.56 | $1.97 | 35.4% |
| 2014-05-31 | $2.18 | $1.97 | 90.2% |
| 2013-05-31 | $3.19 | $1.79 | 56.0% |
| 2012-05-31 | $3.65 | $1.54 | 42.1% |
| 2011-05-31 | $3.48 | $1.14 | 32.9% |
| 2010-05-31 | $2.90 | $0.89 | 30.8% |
| 2009-05-31 | $2.71 | $0.72 | 26.4% |
| 2008-05-31 | $2.69 | $0.64 | 23.9% |
| 2007-05-31 | $1.40 | $0.41 | 29.4% |
| 2006-05-31 | $2.26 | $0.36 | 15.8% |
| 2005-05-31 | $1.85 | $0.07 | 3.9% |
| 2004-05-31 | $1.39 | $0.07 | 5.1% |
| 2003-05-31 | $1.33 | $0.07 | 5.4% |
| 2002-05-31 | $1.36 | $0.05 | 3.5% |
| 2001-05-31 | $1.09 | $0.05 | 4.4% |
| 2000-05-31 | $0.92 | $0.05 | 5.2% |
| 1999-05-31 | $0.68 | $0.04 | 5.3% |
| 1998-05-31 | $0.46 | $0.05 | 10.4% |
| 1997-05-31 | ($0.39) | $0.05 | N/A (Loss) |
