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 35.70% is 61% below its 5-year average of 90.77%, near the low end of its 5-year range (29.07%–191.32%).
As of Sunday, August 9, 2026. 10.77% below its 12-month average of 40.01%.
Dividend Payout Ratio (35.70%) = TTM Dividends/Share ($3.46) / TTM EPS ($9.69)
DIVIDEND PAYOUT RATIO
35.70%
DIVIDEND PAYOUT RATIO AVG TTM
40.01%
DIVIDEND PAYOUT RATIO AVG 3Y
68.02%
DIVIDEND PAYOUT RATIO AVG 5Y
90.77%
DIVIDEND PAYOUT RATIO AVG 10Y
96.93%
DIVIDEND PAYOUT RATIO AVG 15Y
87.60%
DIVIDEND PAYOUT RATIO AVG 20Y
70.73%
CURRENT VS TTM AVG
-10.77%
CURRENT VS 3Y AVG
-47.51%
CURRENT VS 5Y AVG
-60.67%
CURRENT VS 10Y AVG
-63.17%
CURRENT VS 15Y AVG
-59.25%
CURRENT VS 20Y AVG
-49.53%
| Year | EPS | Dividend | Payout Ratio |
|---|---|---|---|
| 2025 | $11.58 | $3.31 | 28.6% |
| 2024 | $3.33 | $2.34 | 70.3% |
| 2023 | $3.13 | $2.99 | 95.6% |
| 2022 | $1.61 | $2.84 | 176.2% |
| 2021 | $2.00 | $2.69 | 134.4% |
| 2020 | $1.98 | $2.57 |
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 |
|---|---|
| 2026-08-07 | 35.70% |
| 2026-08-06 | 35.72% |
| 2026-08-05 | 35.70% |
| 2026-08-04 | 35.73% |
| 2026-08-03 | 35.68% |
| 2026-07-31 | 35.70% |
| 2026-07-30 | 35.69% |
| 2026-07-29 | 37.62% |
| 2026-07-28 | 37.60% |
| 2026-07-27 | 37.62% |
| 2026-07-24 | 37.62% |
| 2026-07-23 | 37.62% |
| 2026-07-22 | 37.62% |
| 2026-07-21 | 37.62% |
| 2026-07-20 | 37.62% |
| 2026-07-17 | 37.62% |
| 2026-07-16 | 37.59% |
| 2026-07-15 | 37.59% |
| 2026-07-14 | 37.59% |
| 2026-07-13 | 37.62% |
| 2026-07-10 | 37.59% |
| 2026-07-09 | 37.59% |
| 2026-07-08 | 37.62% |
| 2026-07-07 | 37.60% |
| 2026-07-06 | 37.04% |
| 2026-07-02 | 37.05% |
| 2026-07-01 | 37.07% |
| 2026-06-30 | 37.05% |
| 2026-06-29 | 37.06% |
| 2026-06-26 | 37.09% |
| 2026-06-25 | 37.09% |
| 2026-06-24 | 37.08% |
| 2026-06-23 | 37.07% |
| 2026-06-22 | 37.08% |
| 2026-06-18 | 37.05% |
| 2026-06-17 | 37.08% |
| 2026-06-16 | 37.05% |
| 2026-06-15 | 37.06% |
| 2026-06-12 | 37.07% |
| 2026-06-11 | 37.05% |
| 2026-06-10 | 37.06% |
| 2026-06-09 | 37.09% |
| 2026-06-08 | 37.07% |
| 2026-06-05 | 37.06% |
| 2026-06-04 | 37.09% |
| 2026-06-03 | 37.05% |
| 2026-06-02 | 37.07% |
| 2026-06-01 | 37.07% |
| 2026-05-29 | 37.05% |
| 2026-05-28 | 37.07% |
| 2026-05-27 | 37.07% |
| 2026-05-26 | 37.05% |
| 2026-05-22 | 37.08% |
| 2026-05-21 | 37.05% |
| 2026-05-20 | 37.06% |
| 2026-05-19 | 37.05% |
| 2026-05-18 | 37.07% |
| 2026-05-15 | 37.08% |
| 2026-05-14 | 37.07% |
| 2026-05-13 | 37.08% |
| 2026-05-12 | 37.08% |
| 2026-05-11 | 37.06% |
| 2026-05-08 | 37.04% |
| 2026-05-07 | 37.05% |
| 2026-05-06 | 37.07% |
| 2026-05-05 | 37.09% |
| 2026-05-04 | 37.07% |
| 2026-05-01 | 37.09% |
| 2026-04-30 | 37.05% |
| 2026-04-29 | 37.04% |
| 2026-04-28 | 37.04% |
| 2026-04-27 | 29.55% |
| 2026-04-24 | 29.51% |
| 2026-04-23 | 29.52% |
| 2026-04-22 | 29.54% |
| 2026-04-21 | 29.54% |
| 2026-04-20 | 29.52% |
| 2026-04-17 | 29.55% |
| 2026-04-16 | 29.53% |
| 2026-04-15 | 29.54% |
| 2026-04-14 | 29.54% |
| 2026-04-13 | 29.54% |
| 2026-04-10 | 29.54% |
| 2026-04-09 | 29.50% |
| 2026-04-08 | 29.54% |
| 2026-04-07 | 29.54% |
| 2026-04-06 | 29.08% |
| 2026-04-02 | 29.09% |
| 2026-04-01 | 29.09% |
| 2026-03-31 | 29.11% |
| 2026-03-30 | 29.09% |
| 2026-03-27 | 29.11% |
| 2026-03-26 | 29.10% |
| 2026-03-25 | 29.07% |
| 2026-03-24 | 29.08% |
| 2026-03-23 | 29.10% |
| 2026-03-20 | 29.10% |
| 2026-03-19 | 29.07% |
| 2026-03-18 | 29.09% |
| 2026-03-17 | 29.08% |
| 2026-03-16 | 29.10% |
| 2026-03-13 | 29.09% |
| 2026-03-12 | 29.07% |
| 2026-03-11 | 29.08% |
| 2026-03-10 | 29.07% |
| 2026-03-09 | 29.07% |
| 2026-03-06 | 29.08% |
| 2026-03-05 | 29.11% |
| 2026-03-04 | 29.10% |
| 2026-03-03 | 29.07% |
| 2026-03-02 | 29.08% |
| 2026-02-27 | 29.09% |
| 2026-02-26 | 29.10% |
| 2026-02-25 | 29.09% |
| 2026-02-24 | 29.07% |
| 2026-02-23 | 29.08% |
| 2026-02-20 | 29.07% |
| 2026-02-19 | 29.09% |
| 2026-02-18 | 29.07% |
| 2026-02-17 | 43.94% |
| 2026-02-13 | 43.92% |
| 2026-02-12 | 43.92% |
| 2026-02-11 | 43.94% |
| 2026-02-10 | 43.94% |
| 2026-02-09 | 43.93% |
| 2026-02-06 | 43.94% |
| 2026-02-05 | 43.93% |
| 2026-02-04 | 43.95% |
| 2026-02-03 | 43.94% |
| 2026-02-02 | 43.92% |
| 2026-01-30 | 43.92% |
| 2026-01-29 | 43.94% |
| 2026-01-28 | 43.94% |
| 2026-01-27 | 43.94% |
| 2026-01-26 | 43.94% |
| 2026-01-23 | 43.90% |
| 2026-01-22 | 43.92% |
| 2026-01-21 | 43.93% |
| 2026-01-20 | 43.91% |
| 2026-01-16 | 43.95% |
| 2026-01-15 | 43.91% |
| 2026-01-14 | 43.89% |
| 2026-01-13 | 43.91% |
| 2026-01-12 | 43.91% |
| 2026-01-09 | 43.91% |
| 2026-01-08 | 43.91% |
| 2026-01-07 | 43.91% |
| 2026-01-06 | 43.27% |
| 2026-01-05 | 43.25% |
| 2026-01-02 | 43.24% |
| 2025-12-31 | 43.29% |
| 2025-12-30 | 43.27% |
| 2025-12-29 | 43.29% |
| 2025-12-26 | 43.27% |
| 2025-12-24 | 43.29% |
| 2025-12-23 | 43.26% |
| 2025-12-22 | 43.29% |
| 2025-12-19 | 43.29% |
| 2025-12-18 | 43.29% |
| 2025-12-17 | 43.25% |
| 2025-12-16 | 43.25% |
| 2025-12-15 | 43.24% |
| 2025-12-12 | 43.26% |
| 2025-12-11 | 43.25% |
| 2025-12-10 | 43.30% |
| 2025-12-09 | 43.25% |
| 2025-12-08 | 43.24% |
| 2025-12-05 | 43.25% |
| 2025-12-04 | 43.25% |
| 2025-12-03 | 43.27% |
| 2025-12-02 | 43.27% |
| 2025-12-01 | 43.28% |
| 2025-11-28 | 43.28% |
| 2025-11-26 | 43.29% |
| 2025-11-25 | 43.28% |
| 2025-11-24 | 43.29% |
| 2025-11-21 | 43.28% |
| 2025-11-20 | 43.26% |
| 2025-11-19 | 43.29% |
| 2025-11-18 | 43.29% |
| 2025-11-17 | 43.27% |
| 2025-11-14 | 43.24% |
| 2025-11-13 | 43.25% |
| 2025-11-12 | 43.26% |
| 2025-11-11 | 43.24% |
| 2025-11-10 | 43.29% |
| 2025-11-07 | 43.29% |
| 2025-11-06 | 43.25% |
| 2025-11-05 | 43.26% |
| 2025-11-04 | 43.26% |
| 2025-11-03 | 43.27% |
| 2025-10-31 | 43.27% |
| 2025-10-30 | 43.25% |
| 2025-10-29 | 43.26% |
| 2025-10-28 | 43.29% |
| 2025-10-27 | 48.62% |
| 2025-10-24 | 48.61% |
| 2025-10-23 | 48.61% |
| 2025-10-22 | 48.61% |
| 2025-10-21 | 48.61% |
| 2025-10-20 | 48.63% |
| 2025-10-17 | 48.60% |
| 2025-10-16 | 48.61% |
| 2025-10-15 | 48.59% |
| 2025-10-14 | 48.58% |
| 2025-10-13 | 48.62% |
| 2025-10-10 | 48.58% |
| 2025-10-09 | 48.59% |
| 2025-10-08 | 48.59% |
| 2025-10-07 | 48.58% |
| 2025-10-06 | 47.93% |
| 2025-10-03 | 47.91% |
| 2025-10-02 | 47.90% |
| 2025-10-01 | 47.88% |
| 2025-09-30 | 47.92% |
| 2025-09-29 | 47.91% |
| 2025-09-26 | 47.92% |
| 2025-09-25 | 47.93% |
| 2025-09-24 | 47.89% |
| 2025-09-23 | 47.93% |
| 2025-09-22 | 47.92% |
| 2025-09-19 | 47.91% |
| 2025-09-18 | 47.90% |
| 2025-09-17 | 47.92% |
| 2025-09-16 | 47.89% |
| 2025-09-15 | 47.89% |
| 2025-09-12 | 47.89% |
| 2025-09-11 | 47.93% |
| 2025-09-10 | 47.91% |
| 2025-09-09 | 47.89% |
| 2025-09-08 | 47.93% |
| 2025-09-05 | 47.93% |
| 2025-09-04 | 47.92% |
| 2025-09-03 | 47.92% |
| 2025-09-02 | 47.89% |
| 2025-08-29 | 47.89% |
| 2025-08-28 | 47.94% |
| 2025-08-27 | 47.89% |
| 2025-08-26 | 47.88% |
| 2025-08-25 | 47.89% |
| 2025-08-22 | 47.88% |
| 2025-08-21 | 47.90% |
| 2025-08-20 | 47.92% |
| 2025-08-19 | 47.88% |
| 2025-08-18 | 47.91% |
| 2025-08-15 | 47.91% |
| 2025-08-14 | 47.93% |
| 2025-08-13 | 47.88% |
| 2025-08-12 | 47.92% |
| 2025-08-11 | 47.89% |
| 2025-08-08 | 47.93% |
| 2025-08-07 | 47.92% |
| 2025-08-06 | 47.89% |
| 2025-08-05 | 47.92% |
| 2025-08-04 | 47.92% |
| 2025-08-01 | 47.90% |
| 2025-07-31 | 47.89% |
| 2025-07-30 | 46.26% |
| 2025-07-29 | 46.28% |
| 2025-07-28 | 46.25% |
Showing the most recent 260 of 2,351 data points. The chart above shows the full history.
| 130.1% |
| 2019 | $3.78 | $2.48 | 65.5% |
| 2018 | ($0.93) | $2.43 | N/A (Loss) |
| 2017 | $1.73 | $2.23 | 129.0% |
| 2016 | $4.02 | $1.98 | 49.3% |
| 2015 | $3.13 | $1.73 | 55.3% |
| 2014 | $4.95 | $1.48 | 29.9% |
| 2013 | $2.81 | $1.37 | 48.7% |
| 2012 | ($0.28) | $1.31 | N/A (Loss) |
| 2011 | ($0.11) | $1.28 | N/A (Loss) |
| 2010 | $3.84 | $1.27 | 32.9% |
| 2009 | $2.59 | $1.24 | 48.1% |
| 2008 | $3.69 | $1.23 | 33.2% |
| 2007 | $3.33 | $1.17 | 35.3% |
| 2006 | $3.57 | $1.10 | 30.8% |
| 2005 | $3.47 | $1.02 | 29.4% |
| 2004 | $2.81 | $1.05 | 37.4% |
| 2003 | $2.52 | $0.00 | 0.0% |
| 2002 | $3.31 | $0.00 | 0.0% |
| 2001 | $3.18 | $0.00 | 0.0% |
| 2000 | ($5.83) | $1.11 | N/A (Loss) |
| 1999 | $1.79 | $0.81 | 45.3% |
| 1998 | $1.86 | $1.04 | 55.9% |
| 1997 | $1.75 | $1.00 | 57.1% |
| 1996 | $1.64 | $1.25 | 76.2% |
