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 59.87% is in line with its 5-year average of 62.38%, near the low end of its 5-year range (43.67%–110.39%).
As of Sunday, July 26, 2026. 1.64% above its 12-month average of 58.90%.
Dividend Payout Ratio (59.87%) = TTM Dividends/Share ($1.64) / TTM EPS ($2.74)
DIVIDEND PAYOUT RATIO
59.87%
DIVIDEND PAYOUT RATIO AVG TTM
58.90%
DIVIDEND PAYOUT RATIO AVG 3Y
61.09%
DIVIDEND PAYOUT RATIO AVG 5Y
61.59%
DIVIDEND PAYOUT RATIO AVG 10Y
52.42%
DIVIDEND PAYOUT RATIO AVG 15Y
50.92%
DIVIDEND PAYOUT RATIO AVG 20Y
48.29%
CURRENT VS TTM AVG
+1.64%
CURRENT VS 3Y AVG
-2.01%
CURRENT VS 5Y AVG
-2.80%
CURRENT VS 10Y AVG
+14.19%
CURRENT VS 15Y AVG
+17.56%
CURRENT VS 20Y AVG
+23.97%
| Year | EPS | Dividend | Payout Ratio |
|---|---|---|---|
| 2025 | $2.74 | $1.60 | 58.4% |
| 2024 | $2.45 | $1.52 | 62.0% |
| 2023 | $2.34 | $1.44 | 61.5% |
| 2022 | $2.20 | $1.35 | 61.4% |
| 2021 | $1.74 | $1.09 | 62.8% |
| 2020 | $2.01 | $1.09 |
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 | 59.87% |
| 2026-07-23 | 59.87% |
| 2026-07-22 | 59.84% |
| 2026-07-21 | 59.86% |
| 2026-07-20 | 59.84% |
| 2026-07-17 | 59.84% |
| 2026-07-16 | 59.87% |
| 2026-07-15 | 59.84% |
| 2026-07-14 | 59.84% |
| 2026-07-13 | 59.87% |
| 2026-07-10 | 59.85% |
| 2026-07-09 | 59.86% |
| 2026-07-08 | 59.87% |
| 2026-07-07 | 59.85% |
| 2026-07-06 | 59.85% |
| 2026-07-02 | 59.84% |
| 2026-07-01 | 59.84% |
| 2026-06-30 | 59.84% |
| 2026-06-29 | 59.86% |
| 2026-06-26 | 59.86% |
| 2026-06-25 | 59.85% |
| 2026-06-24 | 59.87% |
| 2026-06-23 | 59.84% |
| 2026-06-22 | 59.87% |
| 2026-06-18 | 59.86% |
| 2026-06-17 | 59.86% |
| 2026-06-16 | 59.84% |
| 2026-06-15 | 59.84% |
| 2026-06-12 | 59.84% |
| 2026-06-11 | 59.86% |
| 2026-06-10 | 59.87% |
| 2026-06-09 | 59.84% |
| 2026-06-08 | 59.85% |
| 2026-06-05 | 59.86% |
| 2026-06-04 | 59.86% |
| 2026-06-03 | 44.52% |
| 2026-06-02 | 44.52% |
| 2026-06-01 | 44.53% |
| 2026-05-29 | 44.53% |
| 2026-05-28 | 44.54% |
| 2026-05-27 | 44.53% |
| 2026-05-26 | 44.53% |
| 2026-05-22 | 44.52% |
| 2026-05-21 | 44.52% |
| 2026-05-20 | 44.54% |
| 2026-05-19 | 44.51% |
| 2026-05-18 | 44.53% |
| 2026-05-15 | 44.52% |
| 2026-05-14 | 44.51% |
| 2026-05-13 | 44.53% |
| 2026-05-12 | 44.54% |
| 2026-05-11 | 59.13% |
| 2026-05-08 | 59.14% |
| 2026-05-07 | 59.13% |
| 2026-05-06 | 59.12% |
| 2026-05-05 | 59.11% |
| 2026-05-04 | 59.12% |
| 2026-05-01 | 59.12% |
| 2026-04-30 | 59.11% |
| 2026-04-29 | 59.12% |
| 2026-04-28 | 59.13% |
| 2026-04-27 | 59.11% |
| 2026-04-24 | 59.11% |
| 2026-04-23 | 59.12% |
| 2026-04-22 | 59.13% |
| 2026-04-21 | 59.14% |
| 2026-04-20 | 59.11% |
| 2026-04-17 | 59.12% |
| 2026-04-16 | 59.13% |
| 2026-04-15 | 59.11% |
| 2026-04-14 | 59.13% |
| 2026-04-13 | 59.11% |
| 2026-04-10 | 59.14% |
| 2026-04-09 | 59.11% |
| 2026-04-08 | 59.14% |
| 2026-04-07 | 59.12% |
| 2026-04-06 | 59.12% |
| 2026-04-02 | 59.11% |
| 2026-04-01 | 59.13% |
| 2026-03-31 | 59.12% |
| 2026-03-30 | 59.11% |
| 2026-03-27 | 59.14% |
| 2026-03-26 | 59.11% |
| 2026-03-25 | 59.13% |
| 2026-03-24 | 59.13% |
| 2026-03-23 | 59.14% |
| 2026-03-20 | 59.13% |
| 2026-03-19 | 59.12% |
| 2026-03-18 | 59.11% |
| 2026-03-17 | 59.12% |
| 2026-03-16 | 59.11% |
| 2026-03-13 | 59.12% |
| 2026-03-12 | 59.13% |
| 2026-03-11 | 59.11% |
| 2026-03-10 | 59.13% |
| 2026-03-09 | 59.11% |
| 2026-03-06 | 59.11% |
| 2026-03-05 | 59.13% |
| 2026-03-04 | 59.11% |
| 2026-03-03 | 59.13% |
| 2026-03-02 | 59.14% |
| 2026-02-27 | 43.78% |
| 2026-02-26 | 43.80% |
| 2026-02-25 | 43.79% |
| 2026-02-24 | 43.79% |
| 2026-02-23 | 58.39% |
| 2026-02-20 | 58.39% |
| 2026-02-19 | 58.38% |
| 2026-02-18 | 58.39% |
| 2026-02-17 | 58.38% |
| 2026-02-13 | 58.38% |
| 2026-02-12 | 58.38% |
| 2026-02-11 | 57.34% |
| 2026-02-10 | 57.35% |
| 2026-02-09 | 57.35% |
| 2026-02-06 | 57.35% |
| 2026-02-05 | 57.34% |
| 2026-02-04 | 57.36% |
| 2026-02-03 | 57.33% |
| 2026-02-02 | 57.35% |
| 2026-01-30 | 57.35% |
| 2026-01-29 | 57.36% |
| 2026-01-28 | 57.34% |
| 2026-01-27 | 57.35% |
| 2026-01-26 | 57.36% |
| 2026-01-23 | 57.34% |
| 2026-01-22 | 57.36% |
| 2026-01-21 | 57.35% |
| 2026-01-20 | 57.34% |
| 2026-01-16 | 57.34% |
| 2026-01-15 | 57.33% |
| 2026-01-14 | 57.36% |
| 2026-01-13 | 57.36% |
| 2026-01-12 | 57.36% |
| 2026-01-09 | 57.35% |
| 2026-01-08 | 57.33% |
| 2026-01-07 | 57.35% |
| 2026-01-06 | 57.34% |
| 2026-01-05 | 57.36% |
| 2026-01-02 | 57.34% |
| 2025-12-31 | 57.33% |
| 2025-12-30 | 57.34% |
| 2025-12-29 | 57.36% |
| 2025-12-26 | 57.34% |
| 2025-12-24 | 57.35% |
| 2025-12-23 | 57.36% |
| 2025-12-22 | 57.35% |
| 2025-12-19 | 57.35% |
| 2025-12-18 | 57.34% |
| 2025-12-17 | 57.35% |
| 2025-12-16 | 57.33% |
| 2025-12-15 | 57.33% |
| 2025-12-12 | 57.36% |
| 2025-12-11 | 57.33% |
| 2025-12-10 | 57.34% |
| 2025-12-09 | 57.33% |
| 2025-12-08 | 57.35% |
| 2025-12-05 | 57.34% |
| 2025-12-04 | 57.35% |
| 2025-12-03 | 57.33% |
| 2025-12-02 | 57.35% |
| 2025-12-01 | 57.36% |
| 2025-11-28 | 57.35% |
| 2025-11-26 | 57.34% |
| 2025-11-25 | 57.35% |
| 2025-11-24 | 57.35% |
| 2025-11-21 | 57.36% |
| 2025-11-20 | 57.36% |
| 2025-11-19 | 57.35% |
| 2025-11-18 | 57.34% |
| 2025-11-17 | 57.34% |
| 2025-11-14 | 57.36% |
| 2025-11-13 | 57.35% |
| 2025-11-12 | 57.34% |
| 2025-11-11 | 57.36% |
| 2025-11-10 | 57.33% |
| 2025-11-07 | 56.62% |
| 2025-11-06 | 56.62% |
| 2025-11-05 | 56.63% |
| 2025-11-04 | 56.62% |
| 2025-11-03 | 60.09% |
| 2025-10-31 | 60.09% |
| 2025-10-30 | 60.08% |
| 2025-10-29 | 60.09% |
| 2025-10-28 | 60.09% |
| 2025-10-27 | 60.08% |
| 2025-10-24 | 60.09% |
| 2025-10-23 | 60.08% |
| 2025-10-22 | 60.07% |
| 2025-10-21 | 60.07% |
| 2025-10-20 | 60.07% |
| 2025-10-17 | 60.08% |
| 2025-10-16 | 60.08% |
| 2025-10-15 | 60.09% |
| 2025-10-14 | 60.09% |
| 2025-10-13 | 60.06% |
| 2025-10-10 | 60.08% |
| 2025-10-09 | 60.07% |
| 2025-10-08 | 60.09% |
| 2025-10-07 | 60.07% |
| 2025-10-06 | 60.07% |
| 2025-10-03 | 60.08% |
| 2025-10-02 | 60.08% |
| 2025-10-01 | 60.07% |
| 2025-09-30 | 60.06% |
| 2025-09-29 | 60.07% |
| 2025-09-26 | 60.06% |
| 2025-09-25 | 60.09% |
| 2025-09-24 | 60.09% |
| 2025-09-23 | 60.09% |
| 2025-09-22 | 60.07% |
| 2025-09-19 | 60.09% |
| 2025-09-18 | 60.07% |
| 2025-09-17 | 60.09% |
| 2025-09-16 | 60.09% |
| 2025-09-15 | 60.06% |
| 2025-09-12 | 60.06% |
| 2025-09-11 | 60.08% |
| 2025-09-10 | 60.07% |
| 2025-09-09 | 60.06% |
| 2025-09-08 | 60.09% |
| 2025-09-05 | 60.06% |
| 2025-09-04 | 60.08% |
| 2025-09-03 | 60.06% |
| 2025-09-02 | 60.07% |
| 2025-08-29 | 60.08% |
| 2025-08-28 | 60.08% |
| 2025-08-27 | 60.08% |
| 2025-08-26 | 60.08% |
| 2025-08-25 | 60.08% |
| 2025-08-22 | 60.09% |
| 2025-08-21 | 60.06% |
| 2025-08-20 | 60.06% |
| 2025-08-19 | 60.07% |
| 2025-08-18 | 60.08% |
| 2025-08-15 | 60.07% |
| 2025-08-14 | 60.09% |
| 2025-08-13 | 60.08% |
| 2025-08-12 | 60.07% |
| 2025-08-11 | 74.52% |
| 2025-08-08 | 59.31% |
| 2025-08-07 | 59.33% |
| 2025-08-06 | 59.30% |
| 2025-08-05 | 59.31% |
| 2025-08-04 | 59.30% |
| 2025-08-01 | 59.30% |
| 2025-07-31 | 59.32% |
| 2025-07-30 | 57.98% |
| 2025-07-29 | 58.00% |
| 2025-07-28 | 58.00% |
| 2025-07-25 | 57.98% |
| 2025-07-24 | 57.99% |
| 2025-07-23 | 58.00% |
| 2025-07-22 | 57.98% |
| 2025-07-21 | 58.01% |
| 2025-07-18 | 57.98% |
| 2025-07-17 | 58.01% |
| 2025-07-16 | 57.99% |
| 2025-07-15 | 58.01% |
| 2025-07-14 | 57.97% |
Showing the most recent 260 of 2,653 data points. The chart above shows the full history.
| 54.4% |
| 2019 | $3.02 | $1.04 | 34.3% |
| 2018 | $2.08 | $0.98 | 47.3% |
| 2017 | $3.98 | $0.94 | 23.5% |
| 2016 | $1.23 | $0.90 | 73.3% |
| 2015 | $2.55 | $0.88 | 34.7% |
| 2014 | $1.89 | $0.88 | 46.8% |
| 2013 | $2.01 | $1.04 | 51.6% |
| 2012 | $1.42 | $1.50 | 105.5% |
| 2011 | $3.76 | $1.50 | 39.8% |
| 2010 | $3.88 | $1.50 | 38.6% |
| 2009 | $4.10 | $1.50 | 36.5% |
| 2008 | $4.16 | $1.44 | 34.7% |
| 2007 | $4.08 | $1.26 | 30.8% |
| 2006 | $2.37 | $1.14 | 48.2% |
| 2005 | $1.38 | $1.14 | 82.7% |
| 2004 | $2.82 | $0.90 | 31.7% |
| 2003 | $1.38 | $0.68 | 49.6% |
| 2002 | $2.23 | $0.63 | 28.1% |
| 2001 | $2.22 | $0.65 | 29.3% |
| 2000 | $0.92 | $0.32 | 35.2% |
| 1999 | $1.46 | $0.36 | 24.4% |
| 1998 | $1.12 | $0.36 | 31.8% |
| 1997 | ($3.36) | $0.64 | N/A (Loss) |
| 1996 | $1.12 | $0.63 | 55.9% |
