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 64.29% is in line with its 5-year average of 64.25%, around the middle of its 5-year range (39.62%–95.50%).
As of Sunday, July 26, 2026. 4.26% above its 12-month average of 61.66%.
Dividend Payout Ratio (64.29%) = TTM Dividends/Share ($2.52) / TTM EPS ($3.92)
DIVIDEND PAYOUT RATIO
64.29%
DIVIDEND PAYOUT RATIO AVG TTM
61.66%
DIVIDEND PAYOUT RATIO AVG 3Y
60.81%
DIVIDEND PAYOUT RATIO AVG 5Y
64.88%
DIVIDEND PAYOUT RATIO AVG 10Y
64.05%
DIVIDEND PAYOUT RATIO AVG 15Y
63.54%
DIVIDEND PAYOUT RATIO AVG 20Y
59.23%
CURRENT VS TTM AVG
+4.26%
CURRENT VS 3Y AVG
+5.72%
CURRENT VS 5Y AVG
-0.91%
CURRENT VS 10Y AVG
+0.37%
CURRENT VS 15Y AVG
+1.18%
CURRENT VS 20Y AVG
+8.53%
| Year | EPS | Dividend | Payout Ratio |
|---|---|---|---|
| 2025 | $3.98 | $2.44 | 61.3% |
| 2024 | $2.47 | $2.29 | 92.9% |
| 2023 | $5.57 | $2.17 | 39.0% |
| 2022 | $2.70 | $2.05 | 75.9% |
| 2021 | $2.79 | $1.93 | 69.2% |
| 2020 | $3.47 | $1.87 |
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 | 64.29% |
| 2026-07-23 | 64.28% |
| 2026-07-22 | 64.29% |
| 2026-07-21 | 64.29% |
| 2026-07-20 | 64.29% |
| 2026-07-17 | 64.29% |
| 2026-07-16 | 64.28% |
| 2026-07-15 | 64.28% |
| 2026-07-14 | 64.28% |
| 2026-07-13 | 64.29% |
| 2026-07-10 | 64.29% |
| 2026-07-09 | 64.28% |
| 2026-07-08 | 64.29% |
| 2026-07-07 | 64.30% |
| 2026-07-06 | 64.29% |
| 2026-07-02 | 64.28% |
| 2026-07-01 | 64.28% |
| 2026-06-30 | 64.28% |
| 2026-06-29 | 64.29% |
| 2026-06-26 | 64.29% |
| 2026-06-25 | 64.28% |
| 2026-06-24 | 64.29% |
| 2026-06-23 | 64.28% |
| 2026-06-22 | 64.28% |
| 2026-06-18 | 64.28% |
| 2026-06-17 | 64.28% |
| 2026-06-16 | 64.28% |
| 2026-06-15 | 64.29% |
| 2026-06-12 | 64.28% |
| 2026-06-11 | 64.28% |
| 2026-06-10 | 64.28% |
| 2026-06-09 | 64.28% |
| 2026-06-08 | 64.29% |
| 2026-06-05 | 64.29% |
| 2026-06-04 | 64.29% |
| 2026-06-03 | 64.29% |
| 2026-06-02 | 64.29% |
| 2026-06-01 | 64.29% |
| 2026-05-29 | 64.29% |
| 2026-05-28 | 64.28% |
| 2026-05-27 | 64.29% |
| 2026-05-26 | 64.28% |
| 2026-05-22 | 64.28% |
| 2026-05-21 | 64.29% |
| 2026-05-20 | 64.28% |
| 2026-05-19 | 64.28% |
| 2026-05-18 | 64.28% |
| 2026-05-15 | 64.28% |
| 2026-05-14 | 64.28% |
| 2026-05-13 | 64.28% |
| 2026-05-12 | 64.29% |
| 2026-05-11 | 64.29% |
| 2026-05-08 | 64.29% |
| 2026-05-07 | 64.29% |
| 2026-05-06 | 64.29% |
| 2026-05-05 | 64.29% |
| 2026-05-04 | 64.28% |
| 2026-05-01 | 79.59% |
| 2026-04-30 | 63.44% |
| 2026-04-29 | 63.43% |
| 2026-04-28 | 63.42% |
| 2026-04-27 | 63.42% |
| 2026-04-24 | 63.42% |
| 2026-04-23 | 63.44% |
| 2026-04-22 | 63.42% |
| 2026-04-21 | 63.43% |
| 2026-04-20 | 63.43% |
| 2026-04-17 | 63.42% |
| 2026-04-16 | 63.42% |
| 2026-04-15 | 63.43% |
| 2026-04-14 | 63.43% |
| 2026-04-13 | 63.44% |
| 2026-04-10 | 63.43% |
| 2026-04-09 | 63.44% |
| 2026-04-08 | 63.42% |
| 2026-04-07 | 63.42% |
| 2026-04-06 | 63.42% |
| 2026-04-02 | 63.44% |
| 2026-04-01 | 63.43% |
| 2026-03-31 | 63.43% |
| 2026-03-30 | 63.42% |
| 2026-03-27 | 63.42% |
| 2026-03-26 | 63.43% |
| 2026-03-25 | 63.42% |
| 2026-03-24 | 63.43% |
| 2026-03-23 | 63.43% |
| 2026-03-20 | 63.43% |
| 2026-03-19 | 63.42% |
| 2026-03-18 | 63.42% |
| 2026-03-17 | 63.43% |
| 2026-03-16 | 63.42% |
| 2026-03-13 | 63.42% |
| 2026-03-12 | 63.42% |
| 2026-03-11 | 63.42% |
| 2026-03-10 | 63.42% |
| 2026-03-09 | 63.42% |
| 2026-03-06 | 63.43% |
| 2026-03-05 | 63.43% |
| 2026-03-04 | 63.44% |
| 2026-03-03 | 63.42% |
| 2026-03-02 | 63.42% |
| 2026-02-27 | 63.42% |
| 2026-02-26 | 63.42% |
| 2026-02-25 | 63.44% |
| 2026-02-24 | 63.44% |
| 2026-02-23 | 63.42% |
| 2026-02-20 | 63.42% |
| 2026-02-19 | 63.43% |
| 2026-02-18 | 61.23% |
| 2026-02-17 | 61.24% |
| 2026-02-13 | 61.23% |
| 2026-02-12 | 61.25% |
| 2026-02-11 | 61.23% |
| 2026-02-10 | 61.24% |
| 2026-02-09 | 76.04% |
| 2026-02-06 | 60.25% |
| 2026-02-05 | 60.24% |
| 2026-02-04 | 60.25% |
| 2026-02-03 | 60.25% |
| 2026-02-02 | 60.25% |
| 2026-01-30 | 60.26% |
| 2026-01-29 | 60.24% |
| 2026-01-28 | 60.24% |
| 2026-01-27 | 60.25% |
| 2026-01-26 | 60.25% |
| 2026-01-23 | 60.25% |
| 2026-01-22 | 60.26% |
| 2026-01-21 | 60.25% |
| 2026-01-20 | 60.26% |
| 2026-01-16 | 60.25% |
| 2026-01-15 | 60.24% |
| 2026-01-14 | 60.25% |
| 2026-01-13 | 60.24% |
| 2026-01-12 | 60.26% |
| 2026-01-09 | 60.24% |
| 2026-01-08 | 60.26% |
| 2026-01-07 | 60.26% |
| 2026-01-06 | 60.24% |
| 2026-01-05 | 60.24% |
| 2026-01-02 | 60.26% |
| 2025-12-31 | 60.24% |
| 2025-12-30 | 60.24% |
| 2025-12-29 | 60.26% |
| 2025-12-26 | 60.26% |
| 2025-12-24 | 60.24% |
| 2025-12-23 | 60.25% |
| 2025-12-22 | 60.24% |
| 2025-12-19 | 60.24% |
| 2025-12-18 | 60.25% |
| 2025-12-17 | 60.24% |
| 2025-12-16 | 60.26% |
| 2025-12-15 | 60.25% |
| 2025-12-12 | 60.24% |
| 2025-12-11 | 60.24% |
| 2025-12-10 | 60.24% |
| 2025-12-09 | 60.25% |
| 2025-12-08 | 60.25% |
| 2025-12-05 | 60.24% |
| 2025-12-04 | 60.24% |
| 2025-12-03 | 60.25% |
| 2025-12-02 | 60.26% |
| 2025-12-01 | 60.26% |
| 2025-11-28 | 60.25% |
| 2025-11-26 | 60.25% |
| 2025-11-25 | 60.24% |
| 2025-11-24 | 60.26% |
| 2025-11-21 | 60.26% |
| 2025-11-20 | 60.25% |
| 2025-11-19 | 60.25% |
| 2025-11-18 | 60.25% |
| 2025-11-17 | 60.25% |
| 2025-11-14 | 60.25% |
| 2025-11-13 | 60.24% |
| 2025-11-12 | 59.27% |
| 2025-11-11 | 59.26% |
| 2025-11-10 | 59.26% |
| 2025-11-07 | 59.27% |
| 2025-11-06 | 59.26% |
| 2025-11-05 | 59.25% |
| 2025-11-04 | 59.26% |
| 2025-11-03 | 59.26% |
| 2025-10-31 | 59.27% |
| 2025-10-30 | 59.69% |
| 2025-10-29 | 59.71% |
| 2025-10-28 | 59.71% |
| 2025-10-27 | 59.70% |
| 2025-10-24 | 59.69% |
| 2025-10-23 | 59.71% |
| 2025-10-22 | 59.70% |
| 2025-10-21 | 59.71% |
| 2025-10-20 | 59.71% |
| 2025-10-17 | 59.70% |
| 2025-10-16 | 59.71% |
| 2025-10-15 | 59.70% |
| 2025-10-14 | 59.69% |
| 2025-10-13 | 59.70% |
| 2025-10-10 | 59.71% |
| 2025-10-09 | 59.71% |
| 2025-10-08 | 59.69% |
| 2025-10-07 | 59.71% |
| 2025-10-06 | 59.70% |
| 2025-10-03 | 59.70% |
| 2025-10-02 | 59.71% |
| 2025-10-01 | 59.69% |
| 2025-09-30 | 59.70% |
| 2025-09-29 | 59.70% |
| 2025-09-26 | 59.71% |
| 2025-09-25 | 59.70% |
| 2025-09-24 | 59.69% |
| 2025-09-23 | 59.70% |
| 2025-09-22 | 59.70% |
| 2025-09-19 | 59.71% |
| 2025-09-18 | 59.71% |
| 2025-09-17 | 59.71% |
| 2025-09-16 | 59.71% |
| 2025-09-15 | 59.71% |
| 2025-09-12 | 59.70% |
| 2025-09-11 | 59.69% |
| 2025-09-10 | 59.70% |
| 2025-09-09 | 59.69% |
| 2025-09-08 | 59.70% |
| 2025-09-05 | 59.71% |
| 2025-09-04 | 59.71% |
| 2025-09-03 | 59.70% |
| 2025-09-02 | 59.69% |
| 2025-08-29 | 59.69% |
| 2025-08-28 | 59.69% |
| 2025-08-27 | 59.71% |
| 2025-08-26 | 59.71% |
| 2025-08-25 | 59.70% |
| 2025-08-22 | 59.70% |
| 2025-08-21 | 59.69% |
| 2025-08-20 | 59.71% |
| 2025-08-19 | 59.70% |
| 2025-08-18 | 59.69% |
| 2025-08-15 | 59.70% |
| 2025-08-14 | 59.70% |
| 2025-08-13 | 59.70% |
| 2025-08-12 | 58.83% |
| 2025-08-11 | 58.83% |
| 2025-08-08 | 58.82% |
| 2025-08-07 | 58.83% |
| 2025-08-06 | 58.84% |
| 2025-08-05 | 58.84% |
| 2025-08-04 | 58.83% |
| 2025-08-01 | 58.84% |
| 2025-07-31 | 76.78% |
| 2025-07-30 | 76.79% |
| 2025-07-29 | 76.79% |
| 2025-07-28 | 76.78% |
| 2025-07-25 | 76.78% |
| 2025-07-24 | 76.79% |
| 2025-07-23 | 76.78% |
| 2025-07-22 | 76.78% |
| 2025-07-21 | 76.80% |
| 2025-07-18 | 76.78% |
| 2025-07-17 | 76.79% |
| 2025-07-16 | 76.80% |
| 2025-07-15 | 76.80% |
| 2025-07-14 | 76.79% |
Showing the most recent 260 of 2,433 data points. The chart above shows the full history.
| 53.9% |
| 2019 | $3.18 | $1.83 | 57.5% |
| 2018 | $2.34 | $1.79 | 76.5% |
| 2017 | $1.15 | $1.75 | 152.2% |
| 2016 | ($1.63) | $1.71 | N/A (Loss) |
| 2015 | ($0.49) | $1.67 | N/A (Loss) |
| 2014 | $2.62 | $1.66 | 63.4% |
| 2013 | $2.00 | $1.66 | 83.0% |
| 2012 | $2.38 | $1.66 | 69.7% |
| 2011 | $3.80 | $1.66 | 43.7% |
| 2010 | $3.36 | $1.62 | 48.2% |
| 2009 | $3.20 | $1.50 | 46.9% |
| 2008 | $3.20 | $1.50 | 46.9% |
| 2007 | $2.89 | $1.29 | 44.6% |
| 2006 | $2.73 | $1.08 | 39.6% |
| 2005 | $2.13 | $1.08 | 50.7% |
| 2004 | $2.01 | $0.95 | 47.0% |
| 2003 | $2.05 | $0.80 | 39.0% |
| 2002 | $1.35 | $0.67 | 49.6% |
| 2001 | $1.65 | $0.64 | 38.6% |
| 2000 | $1.50 | $0.61 | 40.5% |
| 1999 | $1.13 | $0.60 | 53.1% |
| 1998 | $1.50 | $0.75 | 50.0% |
| 1997 | $0.52 | $0.90 | 173.1% |
| 1996 | $0.92 | $0.90 | 97.8% |
