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 50.37% is 57% below its 5-year average of 118.40%, near the low end of its 5-year range (50.35%–325.60%).
As of Saturday, August 1, 2026. 0.02% above its 12-month average of 50.36%.
Dividend Payout Ratio (50.37%) = TTM Dividends/Share ($2.80) / TTM EPS ($5.56)
DIVIDEND PAYOUT RATIO
50.37%
DIVIDEND PAYOUT RATIO AVG TTM
50.36%
DIVIDEND PAYOUT RATIO AVG 3Y
92.41%
DIVIDEND PAYOUT RATIO AVG 5Y
88.59%
DIVIDEND PAYOUT RATIO AVG 10Y
94.11%
DIVIDEND PAYOUT RATIO AVG 15Y
74.78%
DIVIDEND PAYOUT RATIO AVG 20Y
63.79%
CURRENT VS TTM AVG
+0.02%
CURRENT VS 3Y AVG
-45.49%
CURRENT VS 5Y AVG
-43.14%
CURRENT VS 10Y AVG
-46.48%
CURRENT VS 15Y AVG
-32.64%
CURRENT VS 20Y AVG
-21.03%
| Year | EPS | Dividend | Payout Ratio |
|---|---|---|---|
| 2025 | ($2.30) | $2.80 | N/A (Loss) |
| 2024 | $2.77 | $2.80 | 101.1% |
| 2023 | ($10.73) | $2.80 | N/A (Loss) |
| 2022 | $1.47 | $2.78 | 189.1% |
| 2021 | $3.11 | $2.72 | 87.5% |
| 2020 | $1.62 | $2.72 |
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 |
|---|---|
| 2026-07-31 | 50.37% |
| 2026-07-30 | 50.35% |
| 2026-07-29 | 50.37% |
| 2026-07-28 | 50.37% |
| 2026-07-27 | 50.37% |
| 2026-07-24 | 50.36% |
| 2026-07-23 | 50.36% |
| 2026-07-22 | 50.35% |
| 2026-07-21 | 50.37% |
| 2025-07-30 | 92.40% |
| 2025-07-29 | 92.40% |
| 2025-07-28 | 92.40% |
| 2025-07-25 | 92.42% |
| 2025-07-24 | 92.41% |
| 2025-07-23 | 92.41% |
| 2025-07-22 | 92.41% |
| 2025-07-21 | 92.40% |
| 2025-07-18 | 92.41% |
| 2025-07-17 | 92.43% |
| 2025-07-16 | 92.42% |
| 2025-07-15 | 92.41% |
| 2025-07-14 | 92.40% |
| 2025-07-11 | 92.39% |
| 2025-07-10 | 92.43% |
| 2025-07-09 | 92.42% |
| 2025-07-08 | 92.41% |
| 2025-07-07 | 92.39% |
| 2025-07-03 | 92.40% |
| 2025-07-02 | 92.43% |
| 2025-07-01 | 92.41% |
| 2025-06-30 | 92.40% |
| 2025-06-27 | 92.43% |
| 2025-06-26 | 92.39% |
| 2025-06-24 | 92.39% |
| 2025-06-20 | 92.41% |
| 2025-06-17 | 92.42% |
| 2025-06-13 | 92.41% |
| 2025-06-11 | 92.43% |
| 2025-06-09 | 92.41% |
| 2025-06-05 | 92.40% |
| 2025-06-03 | 92.42% |
| 2025-05-30 | 92.42% |
| 2025-05-28 | 92.39% |
| 2025-05-23 | 92.43% |
| 2025-05-21 | 92.39% |
| 2025-05-19 | 69.30% |
| 2025-05-15 | 69.32% |
| 2025-05-13 | 69.32% |
| 2025-05-09 | 69.29% |
| 2025-05-07 | 69.29% |
| 2025-05-05 | 69.29% |
| 2025-05-01 | 69.32% |
| 2025-04-29 | 92.41% |
| 2025-04-25 | 92.42% |
| 2025-04-23 | 92.41% |
| 2025-04-21 | 92.41% |
| 2025-04-16 | 92.40% |
| 2025-04-14 | 92.42% |
| 2025-04-10 | 92.40% |
| 2025-04-08 | 92.43% |
| 2025-04-04 | 92.42% |
| 2025-04-02 | 92.41% |
| 2025-03-31 | 92.39% |
| 2025-03-27 | 101.82% |
| 2025-03-25 | 101.83% |
| 2025-03-21 | 101.84% |
| 2025-03-19 | 101.80% |
| 2025-03-17 | 101.83% |
| 2025-03-13 | 101.80% |
| 2025-03-11 | 101.81% |
| 2025-03-07 | 101.82% |
| 2025-03-05 | 101.80% |
| 2025-03-03 | 101.82% |
| 2025-02-27 | 76.35% |
| 2023-08-02 | 325.59% |
| 2023-07-31 | 325.58% |
| 2023-07-27 | 325.60% |
| 2023-07-25 | 325.57% |
| 2023-07-21 | 325.57% |
| 2023-07-19 | 325.59% |
| 2023-07-17 | 325.59% |
| 2023-07-13 | 325.57% |
| 2023-07-11 | 325.58% |
| 2023-07-07 | 325.58% |
| 2023-07-05 | 325.59% |
| 2023-06-30 | 325.56% |
| 2023-06-28 | 325.58% |
| 2023-06-26 | 325.60% |
| 2023-06-22 | 325.57% |
| 2023-06-20 | 325.60% |
| 2023-06-15 | 325.57% |
| 2023-06-13 | 325.56% |
| 2023-06-09 | 325.56% |
| 2023-06-07 | 325.57% |
| 2023-06-05 | 325.58% |
| 2023-06-01 | 325.58% |
| 2023-05-30 | 325.59% |
| 2023-05-25 | 325.57% |
| 2023-05-23 | 325.60% |
| 2023-05-19 | 325.58% |
| 2023-05-17 | 325.58% |
| 2023-05-15 | 325.57% |
| 2023-05-11 | 325.58% |
| 2023-05-09 | 325.58% |
| 2023-05-05 | 325.58% |
| 2023-05-03 | 325.57% |
| 2023-05-01 | 191.76% |
| 2023-04-27 | 191.77% |
| 2023-04-25 | 191.79% |
| 2023-04-21 | 191.76% |
| 2023-04-19 | 191.79% |
| 2023-04-17 | 191.78% |
| 2023-04-13 | 191.76% |
| 2023-04-11 | 191.80% |
| 2023-04-06 | 191.79% |
| 2023-04-04 | 191.78% |
| 2023-03-31 | 191.76% |
| 2023-03-29 | 191.80% |
| 2023-03-27 | 191.76% |
| 2023-03-23 | 191.81% |
| 2023-03-21 | 191.77% |
| 2023-03-17 | 191.80% |
| 2023-03-15 | 191.75% |
| 2023-03-13 | 191.76% |
| 2023-03-09 | 191.81% |
| 2023-03-07 | 191.78% |
| 2023-03-03 | 191.80% |
| 2023-03-01 | 191.81% |
| 2023-02-27 | 191.78% |
| 2023-02-23 | 191.79% |
| 2023-02-21 | 93.95% |
| 2023-02-16 | 93.97% |
| 2023-02-14 | 93.96% |
| 2023-02-10 | 93.98% |
| 2023-02-08 | 93.95% |
| 2023-02-06 | 93.95% |
| 2023-02-02 | 93.94% |
| 2023-01-31 | 93.98% |
| 2023-01-27 | 93.30% |
| 2023-01-25 | 93.29% |
| 2023-01-23 | 93.31% |
| 2023-01-19 | 93.28% |
| 2023-01-17 | 93.28% |
| 2023-01-12 | 93.30% |
| 2023-01-10 | 93.30% |
| 2023-01-06 | 93.31% |
| 2023-01-04 | 93.28% |
| 2022-12-30 | 93.27% |
| 2022-12-28 | 93.30% |
| 2022-12-23 | 93.27% |
| 2022-12-21 | 93.28% |
| 2022-12-19 | 93.28% |
| 2022-12-15 | 93.28% |
| 2022-12-13 | 93.29% |
| 2022-12-09 | 93.27% |
| 2022-12-07 | 93.30% |
| 2022-12-05 | 93.28% |
| 2022-12-01 | 93.30% |
| 2022-11-29 | 93.28% |
| 2022-11-25 | 93.29% |
| 2022-11-22 | 93.30% |
| 2022-11-18 | 93.27% |
| 2022-11-16 | 93.28% |
| 2022-11-14 | 93.28% |
| 2022-11-10 | 93.31% |
| 2022-11-08 | 93.29% |
| 2022-11-04 | 93.29% |
| 2022-11-02 | 93.30% |
| 2022-10-31 | 93.31% |
| 2022-10-27 | 92.62% |
| 2022-10-25 | 71.13% |
| 2022-10-21 | 71.14% |
| 2022-10-19 | 71.13% |
| 2022-10-17 | 71.13% |
| 2022-10-13 | 71.14% |
| 2022-10-11 | 71.12% |
| 2022-10-07 | 71.15% |
| 2022-10-05 | 71.13% |
| 2022-10-03 | 71.14% |
| 2022-09-29 | 71.14% |
| 2022-09-27 | 71.15% |
| 2022-09-23 | 71.15% |
| 2022-09-21 | 71.13% |
| 2022-09-19 | 71.15% |
| 2022-09-15 | 71.13% |
| 2022-09-13 | 71.13% |
| 2022-09-09 | 71.13% |
| 2022-09-07 | 71.13% |
| 2022-09-02 | 71.15% |
| 2022-08-31 | 71.12% |
| 2022-08-29 | 71.14% |
| 2022-08-25 | 71.12% |
| 2022-08-23 | 71.14% |
| 2022-08-19 | 71.14% |
| 2022-08-17 | 71.13% |
| 2022-08-15 | 71.14% |
| 2022-08-11 | 71.14% |
| 2022-08-09 | 71.12% |
| 2022-08-05 | 71.13% |
| 2022-08-03 | 71.15% |
| 2022-08-01 | 71.12% |
| 2022-07-28 | 70.62% |
| 2022-07-26 | 70.60% |
| 2022-07-22 | 101.86% |
| 2022-07-20 | 101.84% |
| 2022-07-18 | 101.84% |
| 2022-07-14 | 101.85% |
| 2022-07-12 | 101.86% |
| 2022-07-08 | 101.86% |
| 2022-07-06 | 101.87% |
| 2022-07-01 | 101.85% |
| 2022-06-29 | 101.87% |
| 2022-06-27 | 101.86% |
| 2022-06-23 | 101.87% |
| 2022-06-21 | 101.84% |
| 2022-06-16 | 101.85% |
| 2022-06-14 | 101.86% |
| 2022-06-10 | 101.86% |
| 2022-06-08 | 101.87% |
| 2022-06-06 | 101.87% |
| 2022-06-02 | 101.86% |
| 2022-05-31 | 101.85% |
| 2022-05-26 | 101.87% |
| 2022-05-24 | 101.86% |
| 2022-05-20 | 101.87% |
| 2022-05-18 | 101.86% |
| 2022-05-16 | 101.85% |
| 2022-05-12 | 101.87% |
| 2022-05-10 | 101.85% |
| 2022-05-06 | 101.86% |
| 2022-05-04 | 101.86% |
| 2022-05-02 | 101.84% |
| 2022-04-28 | 101.12% |
| 2022-04-26 | 88.02% |
| 2022-04-22 | 88.04% |
| 2022-04-20 | 88.02% |
| 2022-04-18 | 88.02% |
| 2022-04-13 | 88.03% |
| 2022-04-11 | 88.04% |
| 2022-04-07 | 88.01% |
| 2022-04-05 | 88.01% |
| 2022-04-01 | 88.03% |
| 2022-03-30 | 88.04% |
| 2022-03-28 | 88.03% |
| 2022-03-24 | 88.03% |
| 2022-03-22 | 88.03% |
| 2022-03-18 | 88.03% |
| 2022-03-16 | 88.03% |
| 2022-03-14 | 88.01% |
| 2022-03-10 | 88.03% |
| 2022-03-08 | 88.03% |
| 2022-03-04 | 88.03% |
| 2022-03-02 | 88.03% |
| 2022-02-28 | 88.03% |
| 2022-02-24 | 88.04% |
| 2022-02-22 | 83.44% |
| 2022-02-17 | 83.43% |
| 2022-02-15 | 83.45% |
| 2022-02-11 | 83.42% |
| 2022-02-09 | 83.44% |
Showing the most recent 260 of 2,215 data points. The chart above shows the full history.
| 167.9% |
| 2019 | $4.07 | $2.67 | 65.6% |
| 2018 | $1.75 | $2.46 | 140.6% |
| 2017 | $3.17 | $2.22 | 70.0% |
| 2016 | $4.40 | $1.99 | 45.2% |
| 2015 | $3.61 | $1.81 | 50.1% |
| 2014 | $3.24 | $1.69 | 52.2% |
| 2013 | $2.20 | $1.20 | 54.5% |
| 2012 | $2.58 | $1.74 | 67.4% |
| 2011 | $2.88 | $1.15 | 39.9% |
| 2010 | $2.86 | $0.95 | 33.2% |
| 2009 | $2.69 | $0.80 | 29.7% |
| 2008 | $2.18 | $0.76 | 34.9% |
| 2007 | $2.13 | $0.60 | 28.2% |
| 2006 | $1.38 | $0.45 | 32.6% |
| 2005 | $1.19 | $0.33 | 27.7% |
| 2004 | $1.11 | $0.21 | 18.9% |
| 2003 | $0.91 | $0.12 | 13.2% |
| 2002 | ($0.99) | $0.12 | N/A (Loss) |
| 2001 | $0.35 | $0.12 | 34.3% |
| 2000 | ($0.82) | $0.24 | N/A (Loss) |
| 1999 | $0.97 | $0.23 | 24.1% |
| 1998 | $1.04 | $0.21 | 20.5% |
| 1997 | $0.70 | $0.20 | 29.2% |
| 1996 | $1.03 | $0.17 | 16.4% |
