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 102.36% is 15% above its 5-year average of 89.36%, around the middle of its 5-year range (33.66%–156.46%).
As of Monday, October 5, 2026. 5.83% above its 12-month average of 96.72%.
Dividend Payout Ratio (102.36%) = TTM Dividends/Share ($2.14) / TTM EPS ($2.09)
Trailing-12-month dividend payout ratio; raw quarterly payout is intentionally not charted. Historical series through 2026-10-05.
DIVIDEND PAYOUT RATIO
102.36%
DIVIDEND PAYOUT RATIO AVG TTM
96.72%
DIVIDEND PAYOUT RATIO AVG 3Y
95.58%
DIVIDEND PAYOUT RATIO AVG 5Y
89.36%
DIVIDEND PAYOUT RATIO AVG 10Y
83.50%
DIVIDEND PAYOUT RATIO AVG 15Y
85.42%
DIVIDEND PAYOUT RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+5.83%
CURRENT VS 3Y AVG
+7.10%
CURRENT VS 5Y AVG
+14.55%
CURRENT VS 10Y AVG
+22.59%
CURRENT VS 15Y AVG
+19.83%
CURRENT VS 20Y AVG
N/A
| Fiscal year end | EPS | Dividends (FY) | Payout Ratio |
|---|---|---|---|
| 2025-12-31 | $2.32 | $2.15 | 92.7% |
| 2024-12-31 | $2.40 | $2.42 | 100.8% |
| 2023-12-31 | $2.93 | $2.88 | 98.3% |
| 2022-12-31 | $1.46 | $2.00 | 137.0% |
| 2021-12-31 | $4.75 | $1.60 | 33.7% |
| 2020-12-31 | $1.28 |
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 |
|---|---|
| 2026-10-05 | 102.36% |
| 2026-10-02 | 102.44% |
| 2026-10-01 | 102.36% |
| 2026-09-30 | 102.39% |
| 2026-09-29 | 102.34% |
| 2026-09-28 | 102.36% |
| 2026-09-25 | 102.36% |
| 2026-09-24 | 102.35% |
| 2026-09-23 | 102.40% |
| 2026-09-22 | 102.40% |
| 2026-09-21 | 102.34% |
| 2026-09-18 | 102.36% |
| 2026-09-17 | 129.61% |
| 2026-09-16 | 129.66% |
| 2026-09-15 | 129.69% |
| 2026-09-14 | 105.69% |
| 2026-09-11 | 105.70% |
| 2026-09-10 | 105.79% |
| 2026-09-09 | 105.70% |
| 2026-09-08 | 105.77% |
| 2026-09-04 | 105.72% |
| 2026-09-03 | 105.76% |
| 2026-09-02 | 105.76% |
| 2026-09-01 | 105.77% |
| 2026-08-31 | 105.70% |
| 2026-08-28 | 105.79% |
| 2026-08-27 | 105.74% |
| 2026-08-26 | 105.79% |
| 2026-08-25 | 105.74% |
| 2026-08-24 | 105.71% |
| 2026-08-21 | 105.79% |
| 2026-08-20 | 105.76% |
| 2026-08-19 | 105.74% |
| 2026-08-18 | 105.69% |
| 2026-08-17 | 105.74% |
| 2026-08-14 | 105.71% |
| 2026-08-13 | 105.75% |
| 2026-08-12 | 105.79% |
| 2026-08-11 | 105.71% |
| 2026-08-10 | 105.71% |
| 2026-08-07 | 105.78% |
| 2026-08-06 | 96.97% |
| 2026-08-05 | 96.94% |
| 2026-08-04 | 96.95% |
| 2026-08-03 | 96.92% |
| 2026-07-31 | 96.95% |
| 2026-07-30 | 96.95% |
| 2026-07-29 | 96.91% |
| 2026-07-28 | 96.98% |
| 2026-07-27 | 96.98% |
| 2026-07-24 | 96.89% |
| 2026-07-23 | 96.91% |
| 2026-07-22 | 96.93% |
| 2026-07-21 | 96.93% |
| 2026-07-20 | 96.90% |
| 2026-07-17 | 96.93% |
| 2026-07-16 | 96.93% |
| 2026-07-15 | 96.97% |
| 2026-07-14 | 96.92% |
| 2026-07-13 | 96.93% |
| 2026-07-10 | 96.89% |
| 2026-07-09 | 96.93% |
| 2026-07-08 | 96.98% |
| 2026-07-07 | 96.92% |
| 2026-07-06 | 96.91% |
| 2026-07-02 | 96.95% |
| 2026-07-01 | 96.90% |
| 2026-06-30 | 96.88% |
| 2026-06-29 | 96.96% |
| 2026-06-26 | 96.97% |
| 2026-06-25 | 96.98% |
| 2026-06-24 | 96.91% |
| 2026-06-23 | 96.91% |
| 2026-06-22 | 96.95% |
| 2026-06-18 | 96.95% |
| 2026-06-17 | 96.96% |
| 2026-06-16 | 96.88% |
| 2026-06-15 | 69.72% |
| 2026-06-12 | 93.37% |
| 2026-06-11 | 93.42% |
| 2026-06-10 | 93.43% |
| 2026-06-09 | 93.41% |
| 2026-06-08 | 93.48% |
| 2026-06-05 | 93.41% |
| 2026-06-04 | 93.46% |
| 2026-06-03 | 93.42% |
| 2026-06-02 | 93.40% |
| 2026-06-01 | 93.46% |
| 2026-05-29 | 93.41% |
| 2026-05-28 | 93.47% |
| 2026-05-27 | 93.38% |
| 2026-05-26 | 93.43% |
| 2026-05-22 | 93.41% |
| 2026-05-21 | 93.43% |
| 2026-05-20 | 93.40% |
| 2026-05-19 | 93.40% |
| 2026-05-18 | 93.37% |
| 2026-05-15 | 93.41% |
| 2026-05-14 | 93.42% |
| 2026-05-13 | 93.45% |
| 2026-05-12 | 93.46% |
| 2026-05-11 | 93.46% |
| 2026-05-08 | 93.42% |
| 2026-05-07 | 93.05% |
| 2026-05-06 | 92.97% |
| 2026-05-05 | 93.06% |
| 2026-05-04 | 93.01% |
| 2026-05-01 | 92.97% |
| 2026-04-30 | 92.97% |
| 2026-04-29 | 93.06% |
| 2026-04-28 | 93.04% |
| 2026-04-27 | 93.01% |
| 2026-04-24 | 92.96% |
| 2026-04-23 | 93.03% |
| 2026-04-22 | 93.02% |
| 2026-04-21 | 93.01% |
| 2026-04-20 | 93.02% |
| 2026-04-17 | 92.99% |
| 2026-04-16 | 93.01% |
| 2026-04-15 | 93.02% |
| 2026-04-14 | 92.99% |
| 2026-04-13 | 93.02% |
| 2026-04-10 | 93.00% |
| 2026-04-09 | 93.03% |
| 2026-04-08 | 93.02% |
| 2026-04-07 | 92.99% |
| 2026-04-06 | 93.07% |
| 2026-04-02 | 93.00% |
| 2026-04-01 | 92.96% |
| 2026-03-31 | 93.05% |
| 2026-03-30 | 93.06% |
| 2026-03-27 | 93.03% |
| 2026-03-26 | 93.01% |
| 2026-03-25 | 93.00% |
| 2026-03-24 | 93.07% |
| 2026-03-23 | 93.06% |
| 2026-03-20 | 92.99% |
| 2026-03-19 | 93.91% |
| 2026-03-18 | 93.91% |
| 2026-03-17 | 93.89% |
| 2026-03-16 | 93.90% |
| 2026-03-13 | 93.93% |
| 2026-03-12 | 93.94% |
| 2026-03-11 | 93.94% |
| 2026-03-10 | 93.88% |
| 2026-03-09 | 93.84% |
| 2026-03-06 | 93.83% |
| 2026-03-05 | 93.88% |
| 2026-03-04 | 93.86% |
| 2026-03-03 | 93.89% |
| 2026-03-02 | 93.87% |
| 2026-02-27 | 93.84% |
| 2026-02-26 | 93.13% |
| 2026-02-25 | 93.05% |
| 2026-02-24 | 93.05% |
| 2026-02-23 | 93.04% |
| 2026-02-20 | 93.04% |
| 2026-02-19 | 93.09% |
| 2026-02-18 | 93.12% |
| 2026-02-17 | 93.02% |
| 2026-02-13 | 93.07% |
| 2026-02-12 | 93.05% |
| 2026-02-11 | 93.06% |
| 2026-02-10 | 93.03% |
| 2026-02-09 | 93.11% |
| 2026-02-06 | 93.02% |
| 2026-02-05 | 93.03% |
| 2026-02-04 | 93.10% |
| 2026-02-03 | 93.06% |
| 2026-02-02 | 93.07% |
| 2026-01-30 | 93.07% |
| 2026-01-29 | 93.08% |
| 2026-01-28 | 93.10% |
| 2026-01-27 | 93.03% |
| 2026-01-26 | 93.08% |
| 2026-01-23 | 93.02% |
| 2026-01-22 | 93.03% |
| 2026-01-21 | 93.09% |
| 2026-01-20 | 93.04% |
| 2026-01-16 | 93.08% |
| 2026-01-15 | 93.04% |
| 2026-01-14 | 93.10% |
| 2026-01-13 | 93.04% |
| 2026-01-12 | 93.11% |
| 2026-01-09 | 93.12% |
| 2026-01-08 | 93.07% |
| 2026-01-07 | 93.04% |
| 2026-01-06 | 93.05% |
| 2026-01-05 | 93.11% |
| 2026-01-02 | 93.02% |
| 2025-12-31 | 93.02% |
| 2025-12-30 | 93.03% |
| 2025-12-29 | 93.05% |
| 2025-12-26 | 93.12% |
| 2025-12-24 | 93.10% |
| 2025-12-23 | 93.11% |
| 2025-12-22 | 93.12% |
| 2025-12-19 | 93.07% |
| 2025-12-18 | 71.45% |
| 2025-12-17 | 71.41% |
| 2025-12-16 | 97.82% |
| 2025-12-15 | 97.80% |
| 2025-12-12 | 97.88% |
| 2025-12-11 | 97.82% |
| 2025-12-10 | 97.85% |
| 2025-12-09 | 97.84% |
| 2025-12-08 | 97.82% |
| 2025-12-05 | 97.84% |
| 2025-12-04 | 97.84% |
| 2025-12-03 | 97.84% |
| 2025-12-02 | 97.79% |
| 2025-12-01 | 97.88% |
| 2025-11-28 | 97.81% |
| 2025-11-26 | 97.86% |
| 2025-11-25 | 97.89% |
| 2025-11-24 | 97.82% |
| 2025-11-21 | 97.82% |
| 2025-11-20 | 97.79% |
| 2025-11-19 | 97.88% |
| 2025-11-18 | 97.84% |
| 2025-11-17 | 97.78% |
| 2025-11-14 | 97.84% |
| 2025-11-13 | 97.84% |
| 2025-11-12 | 97.89% |
| 2025-11-11 | 97.86% |
| 2025-11-10 | 97.88% |
| 2025-11-07 | 97.85% |
| 2025-11-06 | 100.00% |
| 2025-11-05 | 99.97% |
| 2025-11-04 | 100.01% |
| 2025-11-03 | 100.05% |
| 2025-10-31 | 100.02% |
| 2025-10-30 | 100.01% |
| 2025-10-29 | 100.00% |
| 2025-10-28 | 99.97% |
| 2025-10-27 | 99.99% |
| 2025-10-24 | 100.01% |
| 2025-10-23 | 99.95% |
| 2025-10-22 | 100.05% |
| 2025-10-21 | 99.99% |
| 2025-10-20 | 99.97% |
| 2025-10-17 | 100.03% |
| 2025-10-16 | 100.01% |
| 2025-10-15 | 100.02% |
| 2025-10-14 | 99.96% |
| 2025-10-13 | 99.95% |
| 2025-10-10 | 99.95% |
| 2025-10-09 | 100.03% |
| 2025-10-08 | 100.00% |
| 2025-10-07 | 99.99% |
| 2025-10-06 | 99.96% |
| 2025-10-03 | 99.96% |
| 2025-10-02 | 99.97% |
| 2025-10-01 | 100.05% |
| 2025-09-30 | 99.95% |
| 2025-09-29 | 100.01% |
| 2025-09-26 | 100.01% |
| 2025-09-25 | 100.03% |
| 2025-09-24 | 100.04% |
| 2025-09-23 | 100.05% |
Showing the most recent 260 of 3,790 data points. The chart above shows the full history.
| $1.33 |
| 103.9% |
| 2019-12-31 | $1.98 | $1.60 | 80.8% |
| 2018-12-31 | $2.02 | $1.60 | 79.2% |
| 2017-12-31 | $1.87 | $1.60 | 85.6% |
| 2016-12-31 | $2.27 | $1.60 | 70.5% |
| 2015-12-31 | $1.60 | $1.58 | 98.8% |
| 2014-12-31 | $1.36 | $1.72 | 126.5% |
| 2013-12-31 | $2.01 | $1.94 | 96.5% |
| 2012-12-31 | $1.91 | $1.46 | 76.4% |
| 2011-12-31 | $1.63 | $0.64 | 39.3% |
