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 24.41% is 32% below its 5-year average of 35.92%, near the low end of its 5-year range (18.72%–62.29%).
As of Monday, October 5, 2026. 20.96% below its 12-month average of 30.89%.
Dividend Payout Ratio (24.41%) = TTM Dividends/Share ($1.34) / TTM EPS ($5.49)
Trailing-12-month dividend payout ratio; raw quarterly payout is intentionally not charted. Historical series through 2026-10-05.
DIVIDEND PAYOUT RATIO
24.41%
DIVIDEND PAYOUT RATIO AVG TTM
30.89%
DIVIDEND PAYOUT RATIO AVG 3Y
36.76%
DIVIDEND PAYOUT RATIO AVG 5Y
35.92%
DIVIDEND PAYOUT RATIO AVG 10Y
36.44%
DIVIDEND PAYOUT RATIO AVG 15Y
38.12%
DIVIDEND PAYOUT RATIO AVG 20Y
42.58%
CURRENT VS TTM AVG
-20.96%
CURRENT VS 3Y AVG
-33.58%
CURRENT VS 5Y AVG
-32.03%
CURRENT VS 10Y AVG
-33.01%
CURRENT VS 15Y AVG
-35.96%
CURRENT VS 20Y AVG
-42.67%
| Fiscal year end | EPS | Dividends (FY) | Payout Ratio |
|---|---|---|---|
| 2025-12-31 | $4.74 | $1.31 | 27.6% |
| 2024-12-31 | $2.51 | $1.28 | 51.0% |
| 2023-12-31 | $3.11 | $1.28 | 41.2% |
| 2022-12-31 | $3.38 | $1.28 | 37.9% |
| 2021-12-31 | $4.44 | $1.25 | 28.2% |
| 2020-12-31 | $2.94 |
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 | 24.41% |
| 2026-10-02 | 24.40% |
| 2026-10-01 | 24.41% |
| 2026-09-30 | 24.41% |
| 2026-09-29 | 24.41% |
| 2026-09-28 | 24.41% |
| 2026-09-25 | 24.40% |
| 2026-09-24 | 24.41% |
| 2026-09-23 | 24.41% |
| 2026-09-22 | 24.40% |
| 2026-09-21 | 24.42% |
| 2026-09-18 | 24.41% |
| 2026-09-17 | 24.41% |
| 2026-09-16 | 24.40% |
| 2026-09-15 | 24.40% |
| 2026-09-14 | 24.40% |
| 2026-09-11 | 24.40% |
| 2026-09-10 | 24.42% |
| 2026-09-09 | 24.40% |
| 2026-09-08 | 24.41% |
| 2026-09-04 | 24.40% |
| 2026-09-03 | 24.40% |
| 2026-09-02 | 24.41% |
| 2026-09-01 | 24.40% |
| 2026-08-31 | 24.40% |
| 2026-08-28 | 24.40% |
| 2026-08-27 | 24.42% |
| 2026-08-26 | 24.41% |
| 2026-08-25 | 24.40% |
| 2026-08-24 | 24.42% |
| 2026-08-21 | 24.42% |
| 2026-08-20 | 24.40% |
| 2026-08-19 | 24.42% |
| 2026-08-18 | 24.42% |
| 2026-08-17 | 24.41% |
| 2026-08-14 | 24.41% |
| 2026-08-13 | 24.41% |
| 2026-08-12 | 24.41% |
| 2026-08-11 | 24.41% |
| 2026-08-10 | 25.09% |
| 2026-08-07 | 25.09% |
| 2026-08-06 | 18.73% |
| 2026-08-05 | 18.72% |
| 2026-08-04 | 18.72% |
| 2026-08-03 | 18.73% |
| 2026-07-31 | 24.91% |
| 2026-07-30 | 24.91% |
| 2026-07-29 | 24.91% |
| 2026-07-28 | 24.90% |
| 2026-07-27 | 24.91% |
| 2026-07-24 | 24.90% |
| 2026-07-23 | 24.90% |
| 2026-07-22 | 24.90% |
| 2026-07-21 | 24.90% |
| 2026-07-20 | 24.92% |
| 2026-07-17 | 24.91% |
| 2026-07-16 | 24.91% |
| 2026-07-15 | 24.90% |
| 2026-07-14 | 24.91% |
| 2026-07-13 | 24.92% |
| 2026-07-10 | 24.90% |
| 2026-07-09 | 24.92% |
| 2026-07-08 | 24.91% |
| 2026-07-07 | 24.91% |
| 2026-07-06 | 24.92% |
| 2026-07-02 | 24.90% |
| 2026-07-01 | 24.92% |
| 2026-06-30 | 24.90% |
| 2026-06-29 | 24.92% |
| 2026-06-26 | 24.91% |
| 2026-06-25 | 24.90% |
| 2026-06-24 | 24.92% |
| 2026-06-23 | 24.91% |
| 2026-06-22 | 24.91% |
| 2026-06-18 | 24.91% |
| 2026-06-17 | 24.91% |
| 2026-06-16 | 24.91% |
| 2026-06-15 | 24.91% |
| 2026-06-12 | 24.91% |
| 2026-06-11 | 24.90% |
| 2026-06-10 | 24.90% |
| 2026-06-09 | 24.91% |
| 2026-06-08 | 24.92% |
| 2026-06-05 | 24.91% |
| 2026-06-04 | 24.90% |
| 2026-06-03 | 24.90% |
| 2026-06-02 | 24.90% |
| 2026-06-01 | 24.91% |
| 2026-05-29 | 24.92% |
| 2026-05-28 | 24.90% |
| 2026-05-27 | 24.91% |
| 2026-05-26 | 24.90% |
| 2026-05-22 | 24.92% |
| 2026-05-21 | 24.90% |
| 2026-05-20 | 24.91% |
| 2026-05-19 | 24.90% |
| 2026-05-18 | 24.90% |
| 2026-05-15 | 24.91% |
| 2026-05-14 | 24.91% |
| 2026-05-13 | 24.91% |
| 2026-05-12 | 24.92% |
| 2026-05-11 | 28.07% |
| 2026-05-08 | 28.06% |
| 2026-05-07 | 28.07% |
| 2026-05-06 | 28.06% |
| 2026-05-05 | 28.06% |
| 2026-05-04 | 28.06% |
| 2026-05-01 | 35.01% |
| 2026-04-30 | 27.85% |
| 2026-04-29 | 27.85% |
| 2026-04-28 | 27.85% |
| 2026-04-27 | 27.84% |
| 2026-04-24 | 27.85% |
| 2026-04-23 | 27.85% |
| 2026-04-22 | 27.84% |
| 2026-04-21 | 27.85% |
| 2026-04-20 | 27.85% |
| 2026-04-17 | 27.86% |
| 2026-04-16 | 27.85% |
| 2026-04-15 | 27.84% |
| 2026-04-14 | 27.84% |
| 2026-04-13 | 27.85% |
| 2026-04-10 | 27.85% |
| 2026-04-09 | 27.84% |
| 2026-04-08 | 27.85% |
| 2026-04-07 | 27.86% |
| 2026-04-06 | 27.85% |
| 2026-04-02 | 27.85% |
| 2026-04-01 | 27.85% |
| 2026-03-31 | 27.86% |
| 2026-03-30 | 27.85% |
| 2026-03-27 | 27.86% |
| 2026-03-26 | 27.86% |
| 2026-03-25 | 27.85% |
| 2026-03-24 | 27.84% |
| 2026-03-23 | 27.85% |
| 2026-03-20 | 27.86% |
| 2026-03-19 | 27.84% |
| 2026-03-18 | 27.85% |
| 2026-03-17 | 27.84% |
| 2026-03-16 | 27.84% |
| 2026-03-13 | 37.71% |
| 2026-03-12 | 37.72% |
| 2026-03-11 | 37.70% |
| 2026-03-10 | 37.72% |
| 2026-03-09 | 37.71% |
| 2026-03-06 | 37.73% |
| 2026-03-05 | 37.71% |
| 2026-03-04 | 37.70% |
| 2026-03-03 | 37.71% |
| 2026-03-02 | 37.71% |
| 2026-02-27 | 37.72% |
| 2026-02-26 | 37.72% |
| 2026-02-25 | 37.71% |
| 2026-02-24 | 37.72% |
| 2026-02-23 | 37.71% |
| 2026-02-20 | 37.72% |
| 2026-02-19 | 37.72% |
| 2026-02-18 | 37.70% |
| 2026-02-17 | 37.70% |
| 2026-02-13 | 37.70% |
| 2026-02-12 | 37.70% |
| 2026-02-11 | 37.72% |
| 2026-02-10 | 37.72% |
| 2026-02-09 | 37.72% |
| 2026-02-06 | 46.85% |
| 2026-02-05 | 37.43% |
| 2026-02-04 | 37.42% |
| 2026-02-03 | 37.43% |
| 2026-02-02 | 37.43% |
| 2026-01-30 | 37.42% |
| 2026-01-29 | 37.42% |
| 2026-01-28 | 37.42% |
| 2026-01-27 | 37.44% |
| 2026-01-26 | 37.42% |
| 2026-01-23 | 37.43% |
| 2026-01-22 | 37.42% |
| 2026-01-21 | 37.42% |
| 2026-01-20 | 37.42% |
| 2026-01-16 | 37.44% |
| 2026-01-15 | 37.44% |
| 2026-01-14 | 37.43% |
| 2026-01-13 | 37.44% |
| 2026-01-12 | 37.44% |
| 2026-01-09 | 37.42% |
| 2026-01-08 | 37.43% |
| 2026-01-07 | 37.44% |
| 2026-01-06 | 37.43% |
| 2026-01-05 | 37.44% |
| 2026-01-02 | 37.43% |
| 2025-12-31 | 37.42% |
| 2025-12-30 | 37.43% |
| 2025-12-29 | 37.42% |
| 2025-12-26 | 37.43% |
| 2025-12-24 | 37.42% |
| 2025-12-23 | 37.42% |
| 2025-12-22 | 37.42% |
| 2025-12-19 | 37.44% |
| 2025-12-18 | 37.43% |
| 2025-12-17 | 37.42% |
| 2025-12-16 | 37.43% |
| 2025-12-15 | 37.42% |
| 2025-12-12 | 37.44% |
| 2025-12-11 | 37.43% |
| 2025-12-10 | 37.42% |
| 2025-12-09 | 37.44% |
| 2025-12-08 | 37.42% |
| 2025-12-05 | 37.44% |
| 2025-12-04 | 37.42% |
| 2025-12-03 | 37.43% |
| 2025-12-02 | 37.43% |
| 2025-12-01 | 37.42% |
| 2025-11-28 | 37.43% |
| 2025-11-26 | 37.42% |
| 2025-11-25 | 37.44% |
| 2025-11-24 | 37.42% |
| 2025-11-21 | 37.42% |
| 2025-11-20 | 37.42% |
| 2025-11-19 | 37.43% |
| 2025-11-18 | 37.42% |
| 2025-11-17 | 37.43% |
| 2025-11-14 | 37.42% |
| 2025-11-13 | 37.44% |
| 2025-11-12 | 37.44% |
| 2025-11-11 | 37.42% |
| 2025-11-10 | 40.18% |
| 2025-11-07 | 40.19% |
| 2025-11-06 | 30.05% |
| 2025-11-05 | 30.07% |
| 2025-11-04 | 30.07% |
| 2025-11-03 | 30.06% |
| 2025-10-31 | 39.89% |
| 2025-10-30 | 39.88% |
| 2025-10-29 | 39.88% |
| 2025-10-28 | 39.88% |
| 2025-10-27 | 39.89% |
| 2025-10-24 | 39.89% |
| 2025-10-23 | 39.87% |
| 2025-10-22 | 39.87% |
| 2025-10-21 | 39.89% |
| 2025-10-20 | 39.86% |
| 2025-10-17 | 39.87% |
| 2025-10-16 | 39.87% |
| 2025-10-15 | 39.87% |
| 2025-10-14 | 39.88% |
| 2025-10-13 | 39.87% |
| 2025-10-10 | 39.87% |
| 2025-10-09 | 39.89% |
| 2025-10-08 | 39.87% |
| 2025-10-07 | 39.89% |
| 2025-10-06 | 39.89% |
| 2025-10-03 | 39.89% |
| 2025-10-02 | 39.87% |
| 2025-10-01 | 39.88% |
| 2025-09-30 | 39.88% |
| 2025-09-29 | 39.87% |
| 2025-09-26 | 39.87% |
| 2025-09-25 | 39.89% |
| 2025-09-24 | 39.88% |
| 2025-09-23 | 39.87% |
Showing the most recent 260 of 2,576 data points. The chart above shows the full history.
| $1.20 |
| 40.8% |
| 2019-12-31 | $3.68 | $1.17 | 31.8% |
| 2018-12-31 | $1.40 | $1.05 | 75.0% |
| 2017-12-31 | $0.50 | $0.90 | 180.0% |
| 2016-12-31 | $1.88 | $0.82 | 43.6% |
| 2015-12-31 | $2.40 | $0.74 | 30.8% |
| 2014-12-31 | $1.99 | $0.68 | 34.2% |
| 2013-12-31 | $1.49 | $0.68 | 45.6% |
| 2012-12-31 | $1.31 | $0.78 | 59.5% |
| 2011-12-31 | $1.63 | $1.08 | 66.3% |
| 2010-12-31 | $1.94 | $1.08 | 55.7% |
| 2009-12-31 | $1.71 | $1.08 | 63.2% |
| 2008-12-31 | $2.24 | $1.07 | 47.8% |
| 2007-12-31 | $2.41 | $1.03 | 42.7% |
| 2006-12-31 | $2.11 | $0.99 | 46.9% |
| 2005-12-31 | $1.82 | $0.95 | 52.2% |
| 2004-12-31 | $1.54 | $0.88 | 56.9% |
| 2003-12-31 | $1.74 | $0.82 | 46.9% |
| 2002-12-31 | $1.66 | $0.95 | 57.3% |
| 2001-12-31 | $1.67 | $0.73 | 43.8% |
| 2000-12-31 | $1.48 | $0.32 | 21.6% |
| 1999-12-31 | $1.49 | $0.56 | 37.6% |
| 1998-12-31 | $1.41 | $0.32 | 22.7% |
| 1997-12-31 | $1.27 | $0.00 | 0.0% |
| 1996-12-31 | $1.17 | $0.20 | 17.3% |
