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 76.58% is in line with its 5-year average of 82.80%, around the middle of its 5-year range (59.07%–110.84%).
As of Saturday, August 8, 2026. 5.70% below its 12-month average of 81.20%.
Dividend Payout Ratio (76.58%) = TTM Dividends/Share ($2.20) / TTM EPS ($2.88)
DIVIDEND PAYOUT RATIO
76.58%
DIVIDEND PAYOUT RATIO AVG TTM
81.20%
DIVIDEND PAYOUT RATIO AVG 3Y
80.43%
DIVIDEND PAYOUT RATIO AVG 5Y
80.62%
DIVIDEND PAYOUT RATIO AVG 10Y
93.85%
DIVIDEND PAYOUT RATIO AVG 15Y
95.94%
DIVIDEND PAYOUT RATIO AVG 20Y
104.29%
CURRENT VS TTM AVG
-5.70%
CURRENT VS 3Y AVG
-4.79%
CURRENT VS 5Y AVG
-5.01%
CURRENT VS 10Y AVG
-18.41%
CURRENT VS 15Y AVG
-20.18%
CURRENT VS 20Y AVG
-26.57%
| Year | EPS | Dividend | Payout Ratio |
|---|---|---|---|
| 2025 | $2.66 | $2.16 | 81.2% |
| 2024 | $2.69 | $2.08 | 77.3% |
| 2023 | $2.53 | $1.98 | 78.3% |
| 2022 | $2.50 | $1.88 | 75.2% |
| 2021 | $2.11 | $1.80 | 85.3% |
| 2020 | $1.71 | $1.78 |
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 | 76.58% |
| 2026-08-06 | 81.65% |
| 2026-08-05 | 81.66% |
| 2026-08-04 | 81.68% |
| 2026-08-03 | 81.69% |
| 2026-07-31 | 81.65% |
| 2026-07-30 | 81.12% |
| 2026-07-29 | 81.10% |
| 2026-07-28 | 81.13% |
| 2026-07-27 | 81.12% |
| 2026-07-24 | 81.09% |
| 2026-07-23 | 81.11% |
| 2026-07-22 | 81.09% |
| 2026-07-21 | 81.10% |
| 2026-07-20 | 81.09% |
| 2026-07-17 | 81.12% |
| 2026-07-16 | 81.09% |
| 2026-07-15 | 81.13% |
| 2026-07-14 | 81.09% |
| 2026-07-13 | 81.12% |
| 2026-07-10 | 81.09% |
| 2026-07-09 | 81.10% |
| 2026-07-08 | 81.11% |
| 2026-07-07 | 81.11% |
| 2026-07-06 | 81.13% |
| 2026-07-02 | 81.10% |
| 2026-07-01 | 81.14% |
| 2026-06-30 | 81.08% |
| 2026-06-29 | 81.12% |
| 2026-06-26 | 81.08% |
| 2026-06-25 | 81.08% |
| 2026-06-24 | 81.13% |
| 2026-06-23 | 81.10% |
| 2026-06-22 | 81.12% |
| 2026-06-18 | 81.14% |
| 2026-06-17 | 81.14% |
| 2026-06-16 | 81.11% |
| 2026-06-15 | 81.12% |
| 2026-06-12 | 81.13% |
| 2026-06-11 | 81.13% |
| 2026-06-10 | 81.13% |
| 2026-06-09 | 81.09% |
| 2026-06-08 | 81.13% |
| 2026-06-05 | 81.09% |
| 2026-06-04 | 81.11% |
| 2026-06-03 | 81.11% |
| 2026-06-02 | 81.13% |
| 2026-06-01 | 81.10% |
| 2026-05-29 | 81.14% |
| 2026-05-28 | 81.12% |
| 2026-05-27 | 81.11% |
| 2026-05-26 | 81.10% |
| 2026-05-22 | 81.12% |
| 2026-05-21 | 81.12% |
| 2026-05-20 | 81.12% |
| 2026-05-19 | 81.11% |
| 2026-05-18 | 81.08% |
| 2026-05-15 | 81.11% |
| 2026-05-14 | 81.11% |
| 2026-05-13 | 81.10% |
| 2026-05-12 | 81.09% |
| 2026-05-11 | 81.13% |
| 2026-05-08 | 81.09% |
| 2026-05-07 | 81.09% |
| 2026-05-06 | 82.33% |
| 2026-05-05 | 82.31% |
| 2026-05-04 | 82.34% |
| 2026-05-01 | 82.35% |
| 2026-04-30 | 82.34% |
| 2026-04-29 | 81.75% |
| 2026-04-28 | 81.75% |
| 2026-04-27 | 81.78% |
| 2026-04-24 | 81.79% |
| 2026-04-23 | 81.79% |
| 2026-04-22 | 81.78% |
| 2026-04-21 | 81.77% |
| 2026-04-20 | 81.79% |
| 2026-04-17 | 81.79% |
| 2026-04-16 | 81.74% |
| 2026-04-15 | 81.78% |
| 2026-04-14 | 81.74% |
| 2026-04-13 | 81.78% |
| 2026-04-10 | 81.76% |
| 2026-04-09 | 81.79% |
| 2026-04-08 | 81.78% |
| 2026-04-07 | 81.77% |
| 2026-04-06 | 81.76% |
| 2026-04-02 | 81.74% |
| 2026-04-01 | 81.76% |
| 2026-03-31 | 81.79% |
| 2026-03-30 | 81.76% |
| 2026-03-27 | 81.78% |
| 2026-03-26 | 81.77% |
| 2026-03-25 | 81.76% |
| 2026-03-24 | 81.75% |
| 2026-03-23 | 81.78% |
| 2026-03-20 | 81.77% |
| 2026-03-19 | 81.77% |
| 2026-03-18 | 81.74% |
| 2026-03-17 | 81.75% |
| 2026-03-16 | 81.77% |
| 2026-03-13 | 81.79% |
| 2026-03-12 | 81.79% |
| 2026-03-11 | 81.74% |
| 2026-03-10 | 81.74% |
| 2026-03-09 | 81.75% |
| 2026-03-06 | 81.74% |
| 2026-03-05 | 81.77% |
| 2026-03-04 | 81.75% |
| 2026-03-03 | 81.75% |
| 2026-03-02 | 81.78% |
| 2026-02-27 | 81.79% |
| 2026-02-26 | 82.39% |
| 2026-02-25 | 82.41% |
| 2026-02-24 | 82.41% |
| 2026-02-23 | 82.37% |
| 2026-02-20 | 82.39% |
| 2026-02-19 | 82.36% |
| 2026-02-18 | 82.40% |
| 2026-02-17 | 82.38% |
| 2026-02-13 | 82.36% |
| 2026-02-12 | 82.41% |
| 2026-02-11 | 82.40% |
| 2026-02-10 | 82.39% |
| 2026-02-09 | 82.40% |
| 2026-02-06 | 82.36% |
| 2026-02-05 | 82.40% |
| 2026-02-04 | 82.37% |
| 2026-02-03 | 82.40% |
| 2026-02-02 | 82.40% |
| 2026-01-30 | 102.64% |
| 2026-01-29 | 81.82% |
| 2026-01-28 | 81.79% |
| 2026-01-27 | 81.79% |
| 2026-01-26 | 81.83% |
| 2026-01-23 | 81.85% |
| 2026-01-22 | 81.81% |
| 2026-01-21 | 81.83% |
| 2026-01-20 | 81.85% |
| 2026-01-16 | 81.80% |
| 2026-01-15 | 81.84% |
| 2026-01-14 | 81.84% |
| 2026-01-13 | 81.83% |
| 2026-01-12 | 81.85% |
| 2026-01-09 | 81.84% |
| 2026-01-08 | 81.83% |
| 2026-01-07 | 81.83% |
| 2026-01-06 | 81.83% |
| 2026-01-05 | 81.81% |
| 2026-01-02 | 81.81% |
| 2025-12-31 | 81.79% |
| 2025-12-30 | 81.80% |
| 2025-12-29 | 81.81% |
| 2025-12-26 | 81.80% |
| 2025-12-24 | 81.81% |
| 2025-12-23 | 81.84% |
| 2025-12-22 | 81.84% |
| 2025-12-19 | 81.83% |
| 2025-12-18 | 81.84% |
| 2025-12-17 | 81.83% |
| 2025-12-16 | 81.83% |
| 2025-12-15 | 81.83% |
| 2025-12-12 | 81.82% |
| 2025-12-11 | 81.81% |
| 2025-12-10 | 81.81% |
| 2025-12-09 | 81.84% |
| 2025-12-08 | 81.82% |
| 2025-12-05 | 81.80% |
| 2025-12-04 | 81.80% |
| 2025-12-03 | 81.82% |
| 2025-12-02 | 81.84% |
| 2025-12-01 | 81.81% |
| 2025-11-28 | 81.81% |
| 2025-11-26 | 81.81% |
| 2025-11-25 | 81.83% |
| 2025-11-24 | 81.82% |
| 2025-11-21 | 81.83% |
| 2025-11-20 | 81.82% |
| 2025-11-19 | 81.85% |
| 2025-11-18 | 81.83% |
| 2025-11-17 | 81.84% |
| 2025-11-14 | 81.82% |
| 2025-11-13 | 81.82% |
| 2025-11-12 | 81.83% |
| 2025-11-11 | 81.84% |
| 2025-11-10 | 81.83% |
| 2025-11-07 | 81.81% |
| 2025-11-06 | 81.81% |
| 2025-11-05 | 80.57% |
| 2025-11-04 | 80.62% |
| 2025-11-03 | 80.58% |
| 2025-10-31 | 80.61% |
| 2025-10-30 | 79.83% |
| 2025-10-29 | 79.84% |
| 2025-10-28 | 79.86% |
| 2025-10-27 | 79.85% |
| 2025-10-24 | 79.83% |
| 2025-10-23 | 79.86% |
| 2025-10-22 | 79.84% |
| 2025-10-21 | 79.87% |
| 2025-10-20 | 79.82% |
| 2025-10-17 | 79.82% |
| 2025-10-16 | 79.87% |
| 2025-10-15 | 79.85% |
| 2025-10-14 | 79.86% |
| 2025-10-13 | 79.84% |
| 2025-10-10 | 79.86% |
| 2025-10-09 | 79.82% |
| 2025-10-08 | 79.83% |
| 2025-10-07 | 79.84% |
| 2025-10-06 | 79.83% |
| 2025-10-03 | 79.83% |
| 2025-10-02 | 79.82% |
| 2025-10-01 | 79.83% |
| 2025-09-30 | 79.87% |
| 2025-09-29 | 79.82% |
| 2025-09-26 | 79.84% |
| 2025-09-25 | 79.82% |
| 2025-09-24 | 79.86% |
| 2025-09-23 | 79.86% |
| 2025-09-22 | 79.88% |
| 2025-09-19 | 79.82% |
| 2025-09-18 | 79.83% |
| 2025-09-17 | 79.87% |
| 2025-09-16 | 79.82% |
| 2025-09-15 | 79.87% |
| 2025-09-12 | 79.86% |
| 2025-09-11 | 79.82% |
| 2025-09-10 | 79.85% |
| 2025-09-09 | 79.83% |
| 2025-09-08 | 79.83% |
| 2025-09-05 | 79.87% |
| 2025-09-04 | 79.88% |
| 2025-09-03 | 79.85% |
| 2025-09-02 | 79.85% |
| 2025-08-29 | 79.83% |
| 2025-08-28 | 79.88% |
| 2025-08-27 | 79.86% |
| 2025-08-26 | 79.84% |
| 2025-08-25 | 79.82% |
| 2025-08-22 | 79.83% |
| 2025-08-21 | 79.82% |
| 2025-08-20 | 79.87% |
| 2025-08-19 | 79.85% |
| 2025-08-18 | 79.85% |
| 2025-08-15 | 79.83% |
| 2025-08-14 | 79.85% |
| 2025-08-13 | 79.83% |
| 2025-08-12 | 79.82% |
| 2025-08-11 | 79.85% |
| 2025-08-08 | 79.84% |
| 2025-08-07 | 80.76% |
| 2025-08-06 | 80.72% |
| 2025-08-05 | 80.72% |
| 2025-08-04 | 80.76% |
| 2025-08-01 | 80.75% |
| 2025-07-31 | 80.72% |
| 2025-07-30 | 79.99% |
| 2025-07-29 | 80.00% |
| 2025-07-28 | 79.97% |
Showing the most recent 260 of 2,565 data points. The chart above shows the full history.
| 104.1% |
| 2019 | $2.10 | $1.75 | 83.6% |
| 2018 | $1.92 | $1.71 | 89.3% |
| 2017 | $1.30 | $1.67 | 128.3% |
| 2016 | $1.19 | $1.59 | 133.6% |
| 2015 | $1.25 | $1.51 | 120.8% |
| 2014 | $1.44 | $1.43 | 99.3% |
| 2013 | $1.39 | $1.35 | 97.1% |
| 2012 | $1.35 | $1.27 | 93.8% |
| 2011 | $1.24 | $1.20 | 97.0% |
| 2010 | $0.19 | $1.14 | 601.4% |
| 2009 | $0.19 | $1.08 | 569.9% |
| 2008 | $0.92 | $1.02 | 111.2% |
| 2007 | $0.48 | $0.96 | 199.5% |
| 2006 | $0.61 | $0.90 | 147.2% |
| 2005 | $0.46 | $0.83 | 180.4% |
| 2004 | $0.44 | $0.76 | 172.0% |
| 2003 | $0.21 | $0.72 | 343.8% |
| 2002 | $0.28 | $0.66 | 237.1% |
| 2001 | $1.19 | $0.58 | 48.6% |
| 2000 | $1.18 | $0.51 | 43.4% |
| 1999 | $0.66 | $0.45 | 68.2% |
| 1998 | $0.04 | $0.11 | 250.0% |
