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 77.97% is in line with its 5-year average of 79.83%, around the middle of its 5-year range (49.73%–115.23%).
As of Sunday, July 26, 2026. 4.25% below its 12-month average of 81.43%.
Dividend Payout Ratio (77.97%) = TTM Dividends/Share ($0.92) / TTM EPS ($1.18)
DIVIDEND PAYOUT RATIO
77.97%
DIVIDEND PAYOUT RATIO AVG TTM
81.43%
DIVIDEND PAYOUT RATIO AVG 3Y
81.17%
DIVIDEND PAYOUT RATIO AVG 5Y
79.68%
DIVIDEND PAYOUT RATIO AVG 10Y
74.94%
DIVIDEND PAYOUT RATIO AVG 15Y
71.83%
DIVIDEND PAYOUT RATIO AVG 20Y
66.62%
CURRENT VS TTM AVG
-4.25%
CURRENT VS 3Y AVG
-3.94%
CURRENT VS 5Y AVG
-2.14%
CURRENT VS 10Y AVG
+4.04%
CURRENT VS 15Y AVG
+8.56%
CURRENT VS 20Y AVG
+17.04%
| Year | EPS | Dividend | Payout Ratio |
|---|---|---|---|
| 2025 | $1.10 | $0.88 | 79.5% |
| 2024 | $1.00 | $0.78 | 78.0% |
| 2023 | $1.01 | $0.89 | 88.1% |
| 2022 | $0.95 | $0.62 | 65.3% |
| 2021 | $0.80 | $0.56 | 70.0% |
| 2020 | $0.75 | $0.70 |
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 | 77.97% |
| 2026-07-23 | 77.97% |
| 2026-07-22 | 77.98% |
| 2026-07-21 | 77.96% |
| 2026-07-20 | 77.96% |
| 2026-07-17 | 77.96% |
| 2026-07-16 | 77.96% |
| 2026-07-15 | 80.70% |
| 2026-07-14 | 80.70% |
| 2026-07-13 | 80.70% |
| 2026-07-10 | 80.70% |
| 2026-07-09 | 80.71% |
| 2026-07-08 | 80.71% |
| 2026-07-07 | 80.69% |
| 2026-07-06 | 80.71% |
| 2026-07-02 | 80.70% |
| 2026-07-01 | 80.71% |
| 2026-06-30 | 80.70% |
| 2026-06-29 | 80.70% |
| 2026-06-26 | 80.71% |
| 2026-06-25 | 80.71% |
| 2026-06-24 | 80.70% |
| 2026-06-23 | 80.70% |
| 2026-06-22 | 80.71% |
| 2026-06-18 | 80.69% |
| 2026-06-17 | 80.70% |
| 2026-06-16 | 80.69% |
| 2026-06-15 | 80.70% |
| 2026-06-12 | 80.70% |
| 2026-06-11 | 80.70% |
| 2026-06-10 | 80.71% |
| 2026-06-09 | 80.70% |
| 2026-06-08 | 80.70% |
| 2026-06-05 | 80.69% |
| 2026-06-04 | 80.70% |
| 2026-06-03 | 80.69% |
| 2026-06-02 | 80.71% |
| 2026-06-01 | 80.71% |
| 2026-05-29 | 80.70% |
| 2026-05-28 | 80.70% |
| 2026-05-27 | 80.71% |
| 2026-05-26 | 80.70% |
| 2026-05-22 | 80.69% |
| 2026-05-21 | 80.69% |
| 2026-05-20 | 80.71% |
| 2026-05-19 | 80.70% |
| 2026-05-18 | 80.71% |
| 2026-05-15 | 80.71% |
| 2026-05-14 | 80.70% |
| 2026-05-13 | 80.69% |
| 2026-05-12 | 80.70% |
| 2026-05-11 | 80.70% |
| 2026-05-08 | 80.71% |
| 2026-05-07 | 80.70% |
| 2026-05-06 | 80.70% |
| 2026-05-05 | 80.71% |
| 2026-05-04 | 80.70% |
| 2026-05-01 | 80.69% |
| 2026-04-30 | 80.70% |
| 2026-04-29 | 80.70% |
| 2026-04-28 | 80.70% |
| 2026-04-27 | 59.65% |
| 2026-04-24 | 78.94% |
| 2026-04-23 | 78.95% |
| 2026-04-22 | 78.95% |
| 2026-04-21 | 78.95% |
| 2026-04-20 | 78.94% |
| 2026-04-17 | 78.95% |
| 2026-04-16 | 78.95% |
| 2026-04-15 | 81.81% |
| 2026-04-14 | 81.81% |
| 2026-04-13 | 81.83% |
| 2026-04-10 | 81.82% |
| 2026-04-09 | 81.82% |
| 2026-04-08 | 81.82% |
| 2026-04-07 | 81.82% |
| 2026-04-06 | 81.82% |
| 2026-04-02 | 81.82% |
| 2026-04-01 | 81.82% |
| 2026-03-31 | 81.81% |
| 2026-03-30 | 81.82% |
| 2026-03-27 | 81.81% |
| 2026-03-26 | 81.82% |
| 2026-03-25 | 81.83% |
| 2026-03-24 | 81.82% |
| 2026-03-23 | 81.82% |
| 2026-03-20 | 81.81% |
| 2026-03-19 | 81.83% |
| 2026-03-18 | 81.81% |
| 2026-03-17 | 81.81% |
| 2026-03-16 | 81.82% |
| 2026-03-13 | 81.82% |
| 2026-03-12 | 81.83% |
| 2026-03-11 | 81.81% |
| 2026-03-10 | 81.82% |
| 2026-03-09 | 81.83% |
| 2026-03-06 | 81.83% |
| 2026-03-05 | 81.82% |
| 2026-03-04 | 81.82% |
| 2026-03-03 | 81.82% |
| 2026-03-02 | 81.82% |
| 2026-02-27 | 81.81% |
| 2026-02-26 | 81.82% |
| 2026-02-25 | 81.81% |
| 2026-02-24 | 81.82% |
| 2026-02-23 | 81.81% |
| 2026-02-20 | 81.82% |
| 2026-02-19 | 81.82% |
| 2026-02-18 | 81.82% |
| 2026-02-17 | 81.83% |
| 2026-02-13 | 81.82% |
| 2026-02-12 | 81.82% |
| 2026-02-11 | 81.83% |
| 2026-02-10 | 81.82% |
| 2026-02-09 | 81.82% |
| 2026-02-06 | 81.82% |
| 2026-02-05 | 81.82% |
| 2026-02-04 | 84.11% |
| 2026-02-03 | 84.12% |
| 2026-02-02 | 84.11% |
| 2026-01-30 | 104.20% |
| 2026-01-29 | 104.22% |
| 2026-01-28 | 81.78% |
| 2026-01-27 | 81.77% |
| 2026-01-26 | 81.78% |
| 2026-01-23 | 81.78% |
| 2026-01-22 | 81.77% |
| 2026-01-21 | 81.77% |
| 2026-01-20 | 81.77% |
| 2026-01-16 | 81.78% |
| 2026-01-15 | 81.77% |
| 2026-01-14 | 81.77% |
| 2026-01-13 | 81.77% |
| 2026-01-12 | 81.77% |
| 2026-01-09 | 81.77% |
| 2026-01-08 | 81.79% |
| 2026-01-07 | 81.77% |
| 2026-01-06 | 81.77% |
| 2026-01-05 | 81.78% |
| 2026-01-02 | 81.77% |
| 2025-12-31 | 81.77% |
| 2025-12-30 | 81.78% |
| 2025-12-29 | 81.78% |
| 2025-12-26 | 81.77% |
| 2025-12-24 | 81.77% |
| 2025-12-23 | 81.77% |
| 2025-12-22 | 81.78% |
| 2025-12-19 | 81.78% |
| 2025-12-18 | 81.78% |
| 2025-12-17 | 81.77% |
| 2025-12-16 | 81.78% |
| 2025-12-15 | 81.77% |
| 2025-12-12 | 81.77% |
| 2025-12-11 | 81.78% |
| 2025-12-10 | 81.77% |
| 2025-12-09 | 81.77% |
| 2025-12-08 | 81.77% |
| 2025-12-05 | 81.79% |
| 2025-12-04 | 81.78% |
| 2025-12-03 | 81.77% |
| 2025-12-02 | 81.77% |
| 2025-12-01 | 81.77% |
| 2025-11-28 | 81.78% |
| 2025-11-26 | 81.77% |
| 2025-11-25 | 81.78% |
| 2025-11-24 | 81.78% |
| 2025-11-21 | 81.78% |
| 2025-11-20 | 81.78% |
| 2025-11-19 | 81.77% |
| 2025-11-18 | 81.78% |
| 2025-11-17 | 81.77% |
| 2025-11-14 | 81.77% |
| 2025-11-13 | 81.77% |
| 2025-11-12 | 81.78% |
| 2025-11-11 | 81.77% |
| 2025-11-10 | 81.77% |
| 2025-11-07 | 81.78% |
| 2025-11-06 | 81.77% |
| 2025-11-05 | 81.77% |
| 2025-11-04 | 81.78% |
| 2025-11-03 | 81.79% |
| 2025-10-31 | 81.78% |
| 2025-10-30 | 81.77% |
| 2025-10-29 | 81.77% |
| 2025-10-28 | 81.78% |
| 2025-10-27 | 61.22% |
| 2025-10-24 | 79.45% |
| 2025-10-23 | 79.44% |
| 2025-10-22 | 79.43% |
| 2025-10-21 | 79.45% |
| 2025-10-20 | 79.44% |
| 2025-10-17 | 79.43% |
| 2025-10-16 | 79.43% |
| 2025-10-15 | 81.74% |
| 2025-10-14 | 81.74% |
| 2025-10-13 | 81.73% |
| 2025-10-10 | 81.73% |
| 2025-10-09 | 81.72% |
| 2025-10-08 | 81.73% |
| 2025-10-07 | 81.74% |
| 2025-10-06 | 81.73% |
| 2025-10-03 | 81.73% |
| 2025-10-02 | 81.74% |
| 2025-10-01 | 81.72% |
| 2025-09-30 | 81.72% |
| 2025-09-29 | 81.73% |
| 2025-09-26 | 81.74% |
| 2025-09-25 | 81.73% |
| 2025-09-24 | 81.73% |
| 2025-09-23 | 81.72% |
| 2025-09-22 | 81.73% |
| 2025-09-19 | 81.73% |
| 2025-09-18 | 81.72% |
| 2025-09-17 | 81.73% |
| 2025-09-16 | 81.73% |
| 2025-09-15 | 81.73% |
| 2025-09-12 | 81.74% |
| 2025-09-11 | 81.73% |
| 2025-09-10 | 81.74% |
| 2025-09-09 | 81.73% |
| 2025-09-08 | 81.74% |
| 2025-09-05 | 81.72% |
| 2025-09-04 | 81.74% |
| 2025-09-03 | 81.74% |
| 2025-09-02 | 81.73% |
| 2025-08-29 | 81.73% |
| 2025-08-28 | 81.73% |
| 2025-08-27 | 81.73% |
| 2025-08-26 | 81.73% |
| 2025-08-25 | 81.74% |
| 2025-08-22 | 81.73% |
| 2025-08-21 | 81.73% |
| 2025-08-20 | 81.72% |
| 2025-08-19 | 81.73% |
| 2025-08-18 | 81.73% |
| 2025-08-15 | 81.73% |
| 2025-08-14 | 81.74% |
| 2025-08-13 | 81.74% |
| 2025-08-12 | 81.74% |
| 2025-08-11 | 81.73% |
| 2025-08-08 | 81.72% |
| 2025-08-07 | 81.72% |
| 2025-08-06 | 81.73% |
| 2025-08-05 | 81.73% |
| 2025-08-04 | 81.72% |
| 2025-08-01 | 81.73% |
| 2025-07-31 | 81.74% |
| 2025-07-30 | 81.72% |
| 2025-07-29 | 81.73% |
| 2025-07-28 | 60.58% |
| 2025-07-25 | 79.32% |
| 2025-07-24 | 79.33% |
| 2025-07-23 | 79.33% |
| 2025-07-22 | 79.33% |
| 2025-07-21 | 79.33% |
| 2025-07-18 | 79.33% |
| 2025-07-17 | 79.34% |
| 2025-07-16 | 82.50% |
| 2025-07-15 | 82.50% |
| 2025-07-14 | 82.50% |
Showing the most recent 260 of 2,653 data points. The chart above shows the full history.
| 93.3% |
| 2019 | $0.69 | $0.43 | 63.0% |
| 2018 | $0.66 | $0.39 | 58.8% |
| 2017 | $0.50 | $0.32 | 64.0% |
| 2016 | $0.43 | $0.30 | 69.0% |
| 2015 | $0.45 | $0.28 | 62.9% |
| 2014 | $0.42 | $0.25 | 59.5% |
| 2013 | $0.38 | $0.20 | 52.6% |
| 2012 | $0.35 | $0.31 | 87.3% |
| 2011 | $0.30 | $0.16 | 53.3% |
| 2010 | $0.23 | $0.15 | 68.9% |
| 2009 | $0.15 | $0.09 | 58.1% |
| 2008 | $0.23 | $0.10 | 42.0% |
| 2007 | $0.20 | $0.06 | 28.2% |
| 2006 | $0.17 | $0.05 | 30.3% |
| 2005 | $0.14 | $0.04 | 27.7% |
| 2004 | $0.11 | $0.03 | 22.7% |
| 2003 | $0.07 | $0.01 | 18.7% |
| 2002 | $0.07 | $0.00 | 4.8% |
| 2001 | $0.06 | $0.00 | 4.7% |
| 2000 | $0.07 | $0.00 | 3.8% |
| 1999 | $0.06 | $0.00 | 2.3% |
| 1998 | $0.04 | $0.00 | 1.4% |
| 1997 | $0.03 | $0.00 | 1.9% |
| 1996 | $0.03 | $0.00 | 2.3% |
