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 59.81% is 13% above its 5-year average of 52.85%, around the middle of its 5-year range (40.60%–68.18%).
As of Sunday, July 26, 2026. 10.21% above its 12-month average of 54.27%.
Dividend Payout Ratio (59.81%) = TTM Dividends/Share ($2.44) / TTM EPS ($4.08)
DIVIDEND PAYOUT RATIO
59.81%
DIVIDEND PAYOUT RATIO AVG TTM
54.27%
DIVIDEND PAYOUT RATIO AVG 3Y
54.16%
DIVIDEND PAYOUT RATIO AVG 5Y
52.85%
DIVIDEND PAYOUT RATIO AVG 10Y
55.56%
DIVIDEND PAYOUT RATIO AVG 15Y
56.55%
DIVIDEND PAYOUT RATIO AVG 20Y
53.48%
CURRENT VS TTM AVG
+10.21%
CURRENT VS 3Y AVG
+10.43%
CURRENT VS 5Y AVG
+13.16%
CURRENT VS 10Y AVG
+7.65%
CURRENT VS 15Y AVG
+5.76%
CURRENT VS 20Y AVG
+11.83%
| Year | EPS | Dividend | Payout Ratio |
|---|---|---|---|
| 2026 | ($0.16) | $1.83 | N/A (Loss) |
| 2025 | $4.12 | $2.42 | 58.7% |
| 2024 | $4.34 | $2.38 | 54.8% |
| 2023 | $4.36 | $2.26 | 51.8% |
| 2022 | $4.46 | $2.10 | 47.1% |
| 2021 | $3.81 | $2.04 |
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 |
|---|---|
| 2026-06-30 | 59.81% |
| 2026-06-29 | 59.83% |
| 2026-06-26 | 59.83% |
| 2026-06-25 | 59.83% |
| 2026-06-24 | 59.81% |
| 2026-06-23 | 59.81% |
| 2026-06-22 | 59.79% |
| 2026-06-18 | 59.80% |
| 2026-06-17 | 59.83% |
| 2026-06-16 | 59.79% |
| 2026-06-15 | 59.81% |
| 2026-06-12 | 59.82% |
| 2026-06-11 | 59.81% |
| 2026-06-10 | 59.81% |
| 2026-06-09 | 59.77% |
| 2026-06-08 | 59.79% |
| 2026-06-05 | 59.84% |
| 2026-06-04 | 59.79% |
| 2026-06-03 | 59.77% |
| 2026-06-02 | 59.84% |
| 2026-06-01 | 59.78% |
| 2026-05-29 | 59.83% |
| 2026-05-28 | 59.83% |
| 2026-05-27 | 59.82% |
| 2026-05-26 | 59.82% |
| 2026-05-22 | 59.82% |
| 2026-05-21 | 59.78% |
| 2026-05-20 | 59.80% |
| 2026-05-19 | 59.83% |
| 2026-05-18 | 59.81% |
| 2026-05-15 | 59.84% |
| 2026-05-14 | 59.80% |
| 2026-05-13 | 59.82% |
| 2026-05-12 | 59.84% |
| 2026-05-11 | 59.77% |
| 2026-05-08 | 59.80% |
| 2026-05-07 | 59.79% |
| 2026-05-06 | 59.83% |
| 2026-05-05 | 59.82% |
| 2026-05-04 | 59.81% |
| 2026-05-01 | 59.81% |
| 2026-04-30 | 59.77% |
| 2026-04-29 | 59.81% |
| 2026-04-28 | 59.82% |
| 2026-04-27 | 59.81% |
| 2026-04-24 | 59.80% |
| 2026-04-23 | 59.78% |
| 2026-04-22 | 59.84% |
| 2026-04-21 | 59.80% |
| 2026-04-20 | 59.82% |
| 2026-04-17 | 59.80% |
| 2026-04-16 | 59.83% |
| 2026-04-15 | 59.78% |
| 2026-04-14 | 59.77% |
| 2026-04-13 | 59.80% |
| 2026-04-10 | 59.78% |
| 2026-04-09 | 59.58% |
| 2026-04-08 | 59.55% |
| 2026-04-07 | 59.56% |
| 2026-04-06 | 59.54% |
| 2026-04-02 | 59.55% |
| 2026-04-01 | 59.56% |
| 2026-03-31 | 59.54% |
| 2026-03-30 | 59.59% |
| 2026-03-27 | 59.53% |
| 2026-03-26 | 59.57% |
| 2026-03-25 | 59.59% |
| 2026-03-24 | 59.56% |
| 2026-03-23 | 59.58% |
| 2026-03-20 | 59.55% |
| 2026-03-19 | 59.55% |
| 2026-03-18 | 59.54% |
| 2026-03-17 | 52.38% |
| 2026-03-16 | 52.37% |
| 2026-03-13 | 52.39% |
| 2026-03-12 | 52.36% |
| 2026-03-11 | 52.35% |
| 2026-03-10 | 52.36% |
| 2026-03-09 | 52.35% |
| 2026-03-06 | 52.40% |
| 2026-03-05 | 52.37% |
| 2026-03-04 | 52.38% |
| 2026-03-03 | 52.38% |
| 2026-03-02 | 52.35% |
| 2026-02-27 | 52.38% |
| 2026-02-26 | 52.35% |
| 2026-02-25 | 52.38% |
| 2026-02-24 | 52.38% |
| 2026-02-23 | 52.37% |
| 2026-02-20 | 52.39% |
| 2026-02-19 | 52.40% |
| 2026-02-18 | 52.39% |
| 2026-02-17 | 52.37% |
| 2026-02-13 | 52.38% |
| 2026-02-12 | 52.37% |
| 2026-02-11 | 52.36% |
| 2026-02-10 | 52.39% |
| 2026-02-09 | 52.39% |
| 2026-02-06 | 52.39% |
| 2026-02-05 | 52.35% |
| 2026-02-04 | 52.36% |
| 2026-02-03 | 52.36% |
| 2026-02-02 | 52.36% |
| 2026-01-30 | 52.37% |
| 2026-01-29 | 52.40% |
| 2026-01-28 | 52.38% |
| 2026-01-27 | 52.39% |
| 2026-01-26 | 52.38% |
| 2026-01-23 | 52.35% |
| 2026-01-22 | 52.38% |
| 2026-01-21 | 52.38% |
| 2026-01-20 | 52.37% |
| 2026-01-16 | 52.36% |
| 2026-01-15 | 52.38% |
| 2026-01-14 | 52.36% |
| 2026-01-13 | 52.37% |
| 2026-01-12 | 52.37% |
| 2026-01-09 | 65.29% |
| 2026-01-08 | 52.18% |
| 2026-01-07 | 52.18% |
| 2026-01-06 | 52.16% |
| 2026-01-05 | 52.14% |
| 2026-01-02 | 52.14% |
| 2025-12-31 | 52.15% |
| 2025-12-30 | 52.16% |
| 2025-12-29 | 52.14% |
| 2025-12-26 | 52.15% |
| 2025-12-24 | 52.16% |
| 2025-12-23 | 52.15% |
| 2025-12-22 | 52.18% |
| 2025-12-19 | 52.13% |
| 2025-12-18 | 52.17% |
| 2025-12-17 | 52.17% |
| 2025-12-16 | 45.86% |
| 2025-12-15 | 45.82% |
| 2025-12-12 | 45.82% |
| 2025-12-11 | 45.86% |
| 2025-12-10 | 45.85% |
| 2025-12-09 | 45.81% |
| 2025-12-08 | 45.81% |
| 2025-12-05 | 45.84% |
| 2025-12-04 | 45.84% |
| 2025-12-03 | 45.83% |
| 2025-12-02 | 45.84% |
| 2025-12-01 | 45.81% |
| 2025-11-28 | 45.84% |
| 2025-11-26 | 45.81% |
| 2025-11-25 | 45.82% |
| 2025-11-24 | 45.82% |
| 2025-11-21 | 45.82% |
| 2025-11-20 | 45.81% |
| 2025-11-19 | 45.83% |
| 2025-11-18 | 45.82% |
| 2025-11-17 | 45.85% |
| 2025-11-14 | 45.84% |
| 2025-11-13 | 45.81% |
| 2025-11-12 | 45.85% |
| 2025-11-11 | 45.86% |
| 2025-11-10 | 45.81% |
| 2025-11-07 | 45.84% |
| 2025-11-06 | 45.84% |
| 2025-11-05 | 45.85% |
| 2025-11-04 | 45.81% |
| 2025-11-03 | 45.81% |
| 2025-10-31 | 45.85% |
| 2025-10-30 | 45.83% |
| 2025-10-29 | 45.83% |
| 2025-10-28 | 45.83% |
| 2025-10-27 | 45.85% |
| 2025-10-24 | 45.84% |
| 2025-10-23 | 45.85% |
| 2025-10-22 | 45.81% |
| 2025-10-21 | 45.84% |
| 2025-10-20 | 45.81% |
| 2025-10-17 | 45.81% |
| 2025-10-16 | 45.85% |
| 2025-10-15 | 45.82% |
| 2025-10-14 | 45.83% |
| 2025-10-13 | 45.84% |
| 2025-10-10 | 45.81% |
| 2025-10-09 | 45.64% |
| 2025-10-08 | 45.63% |
| 2025-10-07 | 45.66% |
| 2025-10-06 | 45.63% |
| 2025-10-03 | 45.65% |
| 2025-10-02 | 45.64% |
| 2025-10-01 | 45.63% |
| 2025-09-30 | 45.65% |
| 2025-09-29 | 45.67% |
| 2025-09-26 | 45.66% |
| 2025-09-25 | 45.64% |
| 2025-09-24 | 45.64% |
| 2025-09-23 | 45.66% |
| 2025-09-22 | 45.63% |
| 2025-09-19 | 45.66% |
| 2025-09-18 | 45.64% |
| 2025-09-17 | 45.62% |
| 2025-09-16 | 58.94% |
| 2025-09-15 | 58.91% |
| 2025-09-12 | 58.95% |
| 2025-09-11 | 58.90% |
| 2025-09-10 | 58.94% |
| 2025-09-09 | 58.92% |
| 2025-09-08 | 58.90% |
| 2025-09-05 | 58.94% |
| 2025-09-04 | 58.93% |
| 2025-09-03 | 58.91% |
| 2025-09-02 | 58.93% |
| 2025-08-29 | 58.92% |
| 2025-08-28 | 58.91% |
| 2025-08-27 | 58.92% |
| 2025-08-26 | 58.92% |
| 2025-08-25 | 58.92% |
| 2025-08-22 | 58.93% |
| 2025-08-21 | 58.93% |
| 2025-08-20 | 58.94% |
| 2025-08-19 | 58.91% |
| 2025-08-18 | 58.94% |
| 2025-08-15 | 58.93% |
| 2025-08-14 | 58.90% |
| 2025-08-13 | 58.93% |
| 2025-08-12 | 58.93% |
| 2025-08-11 | 58.94% |
| 2025-08-08 | 58.91% |
| 2025-08-07 | 58.92% |
| 2025-08-06 | 58.94% |
| 2025-08-05 | 58.94% |
| 2025-08-04 | 58.95% |
| 2025-08-01 | 58.95% |
| 2025-07-31 | 58.95% |
| 2025-07-30 | 58.92% |
| 2025-07-29 | 58.93% |
| 2025-07-28 | 58.93% |
| 2025-07-25 | 58.94% |
| 2025-07-24 | 58.94% |
| 2025-07-23 | 58.95% |
| 2025-07-22 | 58.94% |
| 2025-07-21 | 58.90% |
| 2025-07-18 | 58.93% |
| 2025-07-17 | 58.94% |
| 2025-07-16 | 58.94% |
| 2025-07-15 | 58.94% |
| 2025-07-14 | 58.91% |
| 2025-07-11 | 58.92% |
| 2025-07-10 | 58.94% |
| 2025-07-09 | 58.69% |
| 2025-07-08 | 58.66% |
| 2025-07-07 | 58.66% |
| 2025-07-03 | 58.70% |
| 2025-07-02 | 58.67% |
| 2025-07-01 | 58.66% |
| 2025-06-30 | 58.69% |
| 2025-06-27 | 58.67% |
| 2025-06-26 | 58.70% |
| 2025-06-25 | 58.67% |
| 2025-06-24 | 52.75% |
| 2025-06-23 | 52.74% |
| 2025-06-20 | 52.76% |
| 2025-06-17 | 52.77% |
| 2025-06-13 | 52.74% |
Showing the most recent 260 of 2,644 data points. The chart above shows the full history.
| 53.5% |
| 2020 | $3.59 | $1.98 | 55.2% |
| 2019 | $2.92 | $1.96 | 67.1% |
| 2018 | $3.69 | $1.96 | 53.1% |
| 2017 | $2.82 | $1.94 | 68.8% |
| 2016 | $2.83 | $1.86 | 65.7% |
| 2015 | $2.02 | $1.73 | 85.6% |
| 2014 | $2.90 | $1.61 | 55.5% |
| 2013 | $2.86 | $1.42 | 49.7% |
| 2012 | $2.42 | $1.27 | 52.5% |
| 2011 | $2.80 | $1.17 | 41.8% |
| 2010 | $2.32 | $1.05 | 45.3% |
| 2009 | $1.96 | $0.90 | 45.9% |
| 2008 | $1.93 | $0.82 | 42.7% |
| 2007 | $1.65 | $0.76 | 46.1% |
| 2006 | $1.53 | $0.69 | 45.1% |
| 2005 | $1.67 | $0.48 | 28.7% |
| 2004 | $1.41 | $0.59 | 41.5% |
| 2003 | $1.25 | $0.55 | 44.0% |
| 2002 | $0.69 | $0.55 | 79.7% |
| 2001 | $1.17 | $0.55 | 47.0% |
| 2000 | $1.02 | $0.55 | 53.9% |
| 1999 | $0.88 | $0.55 | 62.5% |
| 1998 | $0.67 | $0.53 | 79.1% |
| 1997 | $0.71 | $0.52 | 73.6% |
