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 58.52% is in line with its 5-year average of 63.77%, near the low end of its 5-year range (44.57%–93.66%).
As of Sunday, July 26, 2026. 2.67% below its 12-month average of 60.12%.
Dividend Payout Ratio (58.52%) = TTM Dividends/Share ($3.48) / TTM EPS ($5.94)
DIVIDEND PAYOUT RATIO
58.52%
DIVIDEND PAYOUT RATIO AVG TTM
60.12%
DIVIDEND PAYOUT RATIO AVG 3Y
61.26%
DIVIDEND PAYOUT RATIO AVG 5Y
62.90%
DIVIDEND PAYOUT RATIO AVG 10Y
63.31%
DIVIDEND PAYOUT RATIO AVG 15Y
65.16%
DIVIDEND PAYOUT RATIO AVG 20Y
65.93%
CURRENT VS TTM AVG
-2.67%
CURRENT VS 3Y AVG
-4.48%
CURRENT VS 5Y AVG
-6.98%
CURRENT VS 10Y AVG
-7.58%
CURRENT VS 15Y AVG
-10.20%
CURRENT VS 20Y AVG
-11.24%
| Year | EPS | Dividend | Payout Ratio |
|---|---|---|---|
| 2025 | $5.66 | $3.40 | 60.1% |
| 2024 | $5.26 | $3.32 | 63.1% |
| 2023 | $7.24 | $3.24 | 44.8% |
| 2022 | $4.68 | $3.16 | 67.5% |
| 2021 | $3.86 | $3.10 | 80.3% |
| 2020 | $3.29 | $3.06 |
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 | 58.52% |
| 2026-07-23 | 58.51% |
| 2026-07-22 | 58.50% |
| 2026-07-21 | 58.51% |
| 2026-07-20 | 58.52% |
| 2026-07-17 | 58.51% |
| 2026-07-16 | 58.50% |
| 2026-07-15 | 58.50% |
| 2026-07-14 | 58.51% |
| 2026-07-13 | 58.49% |
| 2026-07-10 | 58.51% |
| 2026-07-09 | 58.49% |
| 2026-07-08 | 58.50% |
| 2026-07-07 | 58.50% |
| 2026-07-06 | 58.52% |
| 2026-07-02 | 58.50% |
| 2026-07-01 | 58.51% |
| 2026-06-30 | 58.49% |
| 2026-06-29 | 58.49% |
| 2026-06-26 | 58.52% |
| 2026-06-25 | 58.51% |
| 2026-06-24 | 58.50% |
| 2026-06-23 | 58.51% |
| 2026-06-22 | 58.50% |
| 2026-06-18 | 58.52% |
| 2026-06-17 | 58.50% |
| 2026-06-16 | 58.49% |
| 2026-06-15 | 58.49% |
| 2026-06-12 | 58.51% |
| 2026-06-11 | 58.51% |
| 2026-06-10 | 58.49% |
| 2026-06-09 | 58.49% |
| 2026-06-08 | 58.50% |
| 2026-06-05 | 58.51% |
| 2026-06-04 | 58.50% |
| 2026-06-03 | 58.50% |
| 2026-06-02 | 58.49% |
| 2026-06-01 | 58.50% |
| 2026-05-29 | 58.49% |
| 2026-05-28 | 58.52% |
| 2026-05-27 | 58.49% |
| 2026-05-26 | 58.50% |
| 2026-05-22 | 58.49% |
| 2026-05-21 | 58.50% |
| 2026-05-20 | 58.52% |
| 2026-05-19 | 58.52% |
| 2026-05-18 | 58.50% |
| 2026-05-15 | 58.51% |
| 2026-05-14 | 58.52% |
| 2026-05-13 | 72.80% |
| 2026-05-12 | 57.88% |
| 2026-05-11 | 57.87% |
| 2026-05-08 | 57.88% |
| 2026-05-07 | 57.87% |
| 2026-05-06 | 60.86% |
| 2026-05-05 | 60.85% |
| 2026-05-04 | 60.83% |
| 2026-05-01 | 60.85% |
| 2026-04-30 | 60.83% |
| 2026-04-29 | 60.84% |
| 2026-04-28 | 60.84% |
| 2026-04-27 | 60.83% |
| 2026-04-24 | 60.83% |
| 2026-04-23 | 60.83% |
| 2026-04-22 | 60.85% |
| 2026-04-21 | 60.84% |
| 2026-04-20 | 60.84% |
| 2026-04-17 | 60.85% |
| 2026-04-16 | 60.84% |
| 2026-04-15 | 60.85% |
| 2026-04-14 | 60.83% |
| 2026-04-13 | 60.83% |
| 2026-04-10 | 60.84% |
| 2026-04-09 | 60.84% |
| 2026-04-08 | 60.84% |
| 2026-04-07 | 60.85% |
| 2026-04-06 | 60.83% |
| 2026-04-02 | 60.84% |
| 2026-04-01 | 60.84% |
| 2026-03-31 | 60.84% |
| 2026-03-30 | 60.84% |
| 2026-03-27 | 60.85% |
| 2026-03-26 | 60.85% |
| 2026-03-25 | 60.83% |
| 2026-03-24 | 60.85% |
| 2026-03-23 | 60.84% |
| 2026-03-20 | 60.84% |
| 2026-03-19 | 60.85% |
| 2026-03-18 | 60.83% |
| 2026-03-17 | 60.85% |
| 2026-03-16 | 60.85% |
| 2026-03-13 | 60.83% |
| 2026-03-12 | 60.83% |
| 2026-03-11 | 60.85% |
| 2026-03-10 | 60.84% |
| 2026-03-09 | 60.85% |
| 2026-03-06 | 60.83% |
| 2026-03-05 | 60.83% |
| 2026-03-04 | 60.84% |
| 2026-03-03 | 60.85% |
| 2026-03-02 | 60.83% |
| 2026-02-27 | 60.86% |
| 2026-02-26 | 60.83% |
| 2026-02-25 | 60.85% |
| 2026-02-24 | 60.85% |
| 2026-02-23 | 60.85% |
| 2026-02-20 | 60.86% |
| 2026-02-19 | 60.84% |
| 2026-02-18 | 74.95% |
| 2026-02-17 | 59.45% |
| 2026-02-13 | 59.44% |
| 2026-02-12 | 59.44% |
| 2026-02-11 | 59.45% |
| 2026-02-10 | 59.45% |
| 2026-02-09 | 59.44% |
| 2026-02-06 | 59.45% |
| 2026-02-05 | 59.43% |
| 2026-02-04 | 59.45% |
| 2026-02-03 | 59.42% |
| 2026-02-02 | 59.44% |
| 2026-01-30 | 59.44% |
| 2026-01-29 | 59.43% |
| 2026-01-28 | 59.45% |
| 2026-01-27 | 59.45% |
| 2026-01-26 | 59.42% |
| 2026-01-23 | 59.44% |
| 2026-01-22 | 59.45% |
| 2026-01-21 | 59.43% |
| 2026-01-20 | 59.46% |
| 2026-01-16 | 59.45% |
| 2026-01-15 | 59.43% |
| 2026-01-14 | 59.44% |
| 2026-01-13 | 59.44% |
| 2026-01-12 | 59.45% |
| 2026-01-09 | 59.43% |
| 2026-01-08 | 59.43% |
| 2026-01-07 | 59.43% |
| 2026-01-06 | 59.43% |
| 2026-01-05 | 59.44% |
| 2026-01-02 | 59.44% |
| 2025-12-31 | 59.43% |
| 2025-12-30 | 59.43% |
| 2025-12-29 | 59.43% |
| 2025-12-26 | 59.44% |
| 2025-12-24 | 59.44% |
| 2025-12-23 | 59.44% |
| 2025-12-22 | 59.43% |
| 2025-12-19 | 59.43% |
| 2025-12-18 | 59.44% |
| 2025-12-17 | 59.44% |
| 2025-12-16 | 59.44% |
| 2025-12-15 | 59.45% |
| 2025-12-12 | 59.44% |
| 2025-12-11 | 59.44% |
| 2025-12-10 | 59.44% |
| 2025-12-09 | 59.43% |
| 2025-12-08 | 59.45% |
| 2025-12-05 | 59.45% |
| 2025-12-04 | 59.43% |
| 2025-12-03 | 59.43% |
| 2025-12-02 | 59.46% |
| 2025-12-01 | 59.43% |
| 2025-11-28 | 59.46% |
| 2025-11-26 | 59.45% |
| 2025-11-25 | 59.44% |
| 2025-11-24 | 59.43% |
| 2025-11-21 | 59.44% |
| 2025-11-20 | 59.45% |
| 2025-11-19 | 59.44% |
| 2025-11-18 | 44.58% |
| 2025-11-17 | 44.59% |
| 2025-11-14 | 44.57% |
| 2025-11-13 | 44.58% |
| 2025-11-12 | 59.11% |
| 2025-11-11 | 59.09% |
| 2025-11-10 | 59.07% |
| 2025-11-07 | 59.08% |
| 2025-11-06 | 59.10% |
| 2025-11-05 | 61.33% |
| 2025-11-04 | 61.35% |
| 2025-11-03 | 61.35% |
| 2025-10-31 | 61.35% |
| 2025-10-30 | 61.34% |
| 2025-10-29 | 61.33% |
| 2025-10-28 | 61.36% |
| 2025-10-27 | 61.35% |
| 2025-10-24 | 61.36% |
| 2025-10-23 | 61.35% |
| 2025-10-22 | 61.34% |
| 2025-10-21 | 61.34% |
| 2025-10-20 | 61.34% |
| 2025-10-17 | 61.33% |
| 2025-10-16 | 61.33% |
| 2025-10-15 | 61.33% |
| 2025-10-14 | 61.34% |
| 2025-10-13 | 61.33% |
| 2025-10-10 | 61.33% |
| 2025-10-09 | 61.33% |
| 2025-10-08 | 61.34% |
| 2025-10-07 | 61.36% |
| 2025-10-06 | 61.35% |
| 2025-10-03 | 61.33% |
| 2025-10-02 | 61.34% |
| 2025-10-01 | 61.35% |
| 2025-09-30 | 61.33% |
| 2025-09-29 | 61.34% |
| 2025-09-26 | 61.34% |
| 2025-09-25 | 61.35% |
| 2025-09-24 | 61.33% |
| 2025-09-23 | 61.36% |
| 2025-09-22 | 61.36% |
| 2025-09-19 | 61.33% |
| 2025-09-18 | 61.36% |
| 2025-09-17 | 61.36% |
| 2025-09-16 | 61.33% |
| 2025-09-15 | 61.33% |
| 2025-09-12 | 61.33% |
| 2025-09-11 | 61.34% |
| 2025-09-10 | 61.35% |
| 2025-09-09 | 61.34% |
| 2025-09-08 | 61.34% |
| 2025-09-05 | 61.33% |
| 2025-09-04 | 61.34% |
| 2025-09-03 | 61.35% |
| 2025-09-02 | 61.34% |
| 2025-08-29 | 61.35% |
| 2025-08-28 | 61.35% |
| 2025-08-27 | 61.34% |
| 2025-08-26 | 61.35% |
| 2025-08-25 | 61.34% |
| 2025-08-22 | 61.35% |
| 2025-08-21 | 61.34% |
| 2025-08-20 | 61.35% |
| 2025-08-19 | 61.35% |
| 2025-08-18 | 61.34% |
| 2025-08-15 | 61.35% |
| 2025-08-14 | 61.35% |
| 2025-08-13 | 76.39% |
| 2025-08-12 | 60.98% |
| 2025-08-11 | 60.99% |
| 2025-08-08 | 60.97% |
| 2025-08-07 | 60.99% |
| 2025-08-06 | 62.10% |
| 2025-08-05 | 62.12% |
| 2025-08-04 | 62.12% |
| 2025-08-01 | 62.09% |
| 2025-07-31 | 62.10% |
| 2025-07-30 | 62.10% |
| 2025-07-29 | 62.11% |
| 2025-07-28 | 62.12% |
| 2025-07-25 | 62.10% |
| 2025-07-24 | 62.10% |
| 2025-07-23 | 62.12% |
| 2025-07-22 | 62.11% |
| 2025-07-21 | 62.12% |
| 2025-07-18 | 62.09% |
| 2025-07-17 | 62.12% |
| 2025-07-16 | 62.11% |
| 2025-07-15 | 62.12% |
| 2025-07-14 | 62.10% |
Showing the most recent 260 of 2,654 data points. The chart above shows the full history.
| 93.0% |
| 2019 | $4.09 | $2.96 | 72.4% |
| 2018 | $4.43 | $2.86 | 64.6% |
| 2017 | $4.97 | $2.76 | 55.5% |
| 2016 | $4.15 | $2.68 | 64.6% |
| 2015 | $4.07 | $2.60 | 63.9% |
| 2014 | $3.73 | $2.52 | 67.6% |
| 2013 | $3.62 | $2.46 | 68.0% |
| 2012 | $3.88 | $2.42 | 62.4% |
| 2011 | $3.59 | $2.40 | 66.9% |
| 2010 | $3.49 | $2.38 | 68.2% |
| 2009 | $3.16 | $2.36 | 74.7% |
| 2008 | $4.38 | $2.34 | 53.4% |
| 2007 | $3.49 | $2.32 | 66.5% |
| 2006 | $2.96 | $2.30 | 77.7% |
| 2005 | $2.95 | $2.28 | 77.3% |
| 2004 | $2.28 | $2.26 | 99.1% |
| 2003 | $2.39 | $2.24 | 93.7% |
| 2002 | $3.03 | $2.22 | 73.3% |
| 2001 | $3.22 | $2.20 | 68.3% |
| 2000 | $2.75 | $2.18 | 79.3% |
| 1999 | $3.14 | $2.14 | 68.2% |
| 1998 | $3.04 | $2.12 | 69.7% |
| 1997 | $2.95 | $2.10 | 71.2% |
| 1996 | $2.93 | $2.08 | 71.0% |
