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 65.02% is 16% above its 5-year average of 55.83%, around the middle of its 5-year range (43.12%–82.09%).
As of Friday, September 4, 2026. 1.88% above its 12-month average of 63.82%.
Dividend Payout Ratio (65.02%) = TTM Dividends/Share ($9.29) / TTM EPS ($14.29)
DIVIDEND PAYOUT RATIO
65.02%
DIVIDEND PAYOUT RATIO AVG TTM
63.82%
DIVIDEND PAYOUT RATIO AVG 3Y
61.44%
DIVIDEND PAYOUT RATIO AVG 5Y
55.83%
DIVIDEND PAYOUT RATIO AVG 10Y
52.81%
DIVIDEND PAYOUT RATIO AVG 15Y
49.83%
DIVIDEND PAYOUT RATIO AVG 20Y
49.92%
CURRENT VS TTM AVG
+1.88%
CURRENT VS 3Y AVG
+5.83%
CURRENT VS 5Y AVG
+16.46%
CURRENT VS 10Y AVG
+23.12%
CURRENT VS 15Y AVG
+30.49%
CURRENT VS 20Y AVG
+30.25%
| Fiscal year end | EPS | Dividends (FY) | Payout Ratio |
|---|---|---|---|
| 2026-02-01 | $14.27 | $9.20 | 64.5% |
| 2025-02-02 | $14.96 | $9.00 | 60.2% |
| 2024-01-28 | $15.16 | $8.36 | 55.1% |
| 2023-01-29 | $16.74 | $7.60 | 45.4% |
| 2022-01-30 | $15.59 | $6.60 | 42.3% |
| 2021-01-31 | $11.98 |
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 |
|---|---|
| 2026-09-04 | 65.02% |
| 2026-09-03 | 81.11% |
| 2026-09-02 | 64.80% |
| 2026-09-01 | 64.81% |
| 2026-08-31 | 64.80% |
| 2026-08-28 | 64.81% |
| 2026-08-27 | 64.81% |
| 2026-08-26 | 64.79% |
| 2026-08-25 | 64.79% |
| 2026-08-24 | 64.79% |
| 2026-08-21 | 65.78% |
| 2026-08-20 | 65.78% |
| 2026-08-19 | 65.76% |
| 2026-08-18 | 65.77% |
| 2026-08-17 | 65.77% |
| 2026-08-14 | 65.78% |
| 2026-08-13 | 65.77% |
| 2026-08-12 | 65.76% |
| 2026-08-11 | 65.78% |
| 2026-08-10 | 65.76% |
| 2026-08-07 | 65.77% |
| 2026-08-06 | 65.76% |
| 2026-08-05 | 65.76% |
| 2026-08-04 | 65.76% |
| 2026-08-03 | 65.77% |
| 2026-07-31 | 65.78% |
| 2026-07-30 | 65.78% |
| 2026-07-29 | 65.75% |
| 2026-07-28 | 65.78% |
| 2026-07-27 | 65.77% |
| 2026-07-24 | 65.77% |
| 2026-07-23 | 65.76% |
| 2026-07-22 | 65.77% |
| 2026-07-21 | 65.76% |
| 2026-07-20 | 65.76% |
| 2026-07-17 | 65.77% |
| 2026-07-16 | 65.77% |
| 2026-07-15 | 65.77% |
| 2026-07-14 | 65.77% |
| 2026-07-13 | 65.76% |
| 2026-07-10 | 65.76% |
| 2026-07-09 | 65.77% |
| 2026-07-08 | 65.77% |
| 2026-07-07 | 65.77% |
| 2026-07-06 | 65.76% |
| 2026-07-02 | 65.77% |
| 2026-07-01 | 65.77% |
| 2026-06-30 | 65.77% |
| 2026-06-29 | 65.78% |
| 2026-06-26 | 65.78% |
| 2026-06-25 | 65.76% |
| 2026-06-24 | 65.76% |
| 2026-06-23 | 65.76% |
| 2026-06-22 | 65.77% |
| 2026-06-18 | 65.76% |
| 2026-06-17 | 65.77% |
| 2026-06-16 | 65.76% |
| 2026-06-15 | 65.75% |
| 2026-06-12 | 65.76% |
| 2026-06-11 | 65.76% |
| 2026-06-10 | 65.77% |
| 2026-06-09 | 65.76% |
| 2026-06-08 | 65.78% |
| 2026-06-05 | 65.76% |
| 2026-06-04 | 82.09% |
| 2026-06-03 | 65.56% |
| 2026-06-02 | 65.57% |
| 2026-06-01 | 65.57% |
| 2026-05-29 | 65.54% |
| 2026-05-28 | 65.54% |
| 2026-05-27 | 65.54% |
| 2026-05-26 | 65.57% |
| 2026-05-22 | 64.86% |
| 2026-05-21 | 64.86% |
| 2026-05-20 | 64.88% |
| 2026-05-19 | 64.85% |
| 2026-05-18 | 64.87% |
| 2026-05-15 | 64.87% |
| 2026-05-14 | 64.87% |
| 2026-05-13 | 64.86% |
| 2026-05-12 | 64.87% |
| 2026-05-11 | 64.85% |
| 2026-05-08 | 64.87% |
| 2026-05-07 | 64.85% |
| 2026-05-06 | 64.86% |
| 2026-05-05 | 64.88% |
| 2026-05-04 | 64.88% |
| 2026-05-01 | 64.86% |
| 2026-04-30 | 64.87% |
| 2026-04-29 | 64.88% |
| 2026-04-28 | 64.85% |
| 2026-04-27 | 64.86% |
| 2026-04-24 | 64.85% |
| 2026-04-23 | 64.85% |
| 2026-04-22 | 64.87% |
| 2026-04-21 | 64.87% |
| 2026-04-20 | 64.87% |
| 2026-04-17 | 64.85% |
| 2026-04-16 | 64.86% |
| 2026-04-15 | 64.87% |
| 2026-04-14 | 64.85% |
| 2026-04-13 | 64.85% |
| 2026-04-10 | 64.87% |
| 2026-04-09 | 64.85% |
| 2026-04-08 | 64.85% |
| 2026-04-07 | 64.86% |
| 2026-04-06 | 64.88% |
| 2026-04-02 | 64.86% |
| 2026-04-01 | 64.86% |
| 2026-03-31 | 64.86% |
| 2026-03-30 | 64.85% |
| 2026-03-27 | 64.85% |
| 2026-03-26 | 64.86% |
| 2026-03-25 | 64.87% |
| 2026-03-24 | 64.85% |
| 2026-03-23 | 64.85% |
| 2026-03-20 | 64.86% |
| 2026-03-19 | 64.85% |
| 2026-03-18 | 64.87% |
| 2026-03-17 | 62.91% |
| 2026-03-16 | 62.91% |
| 2026-03-13 | 62.92% |
| 2026-03-12 | 78.58% |
| 2026-03-11 | 62.72% |
| 2026-03-10 | 62.72% |
| 2026-03-09 | 62.71% |
| 2026-03-06 | 62.72% |
| 2026-03-05 | 62.70% |
| 2026-03-04 | 62.71% |
| 2026-03-03 | 62.71% |
| 2026-03-02 | 62.72% |
| 2026-02-27 | 62.71% |
| 2026-02-26 | 62.72% |
| 2026-02-25 | 62.71% |
| 2026-02-24 | 62.72% |
| 2026-02-23 | 62.72% |
| 2026-02-20 | 62.72% |
| 2026-02-19 | 62.72% |
| 2026-02-18 | 62.71% |
| 2026-02-17 | 62.71% |
| 2026-02-13 | 62.72% |
| 2026-02-12 | 62.71% |
| 2026-02-11 | 62.71% |
| 2026-02-10 | 62.71% |
| 2026-02-09 | 62.71% |
| 2026-02-06 | 62.70% |
| 2026-02-05 | 62.70% |
| 2026-02-04 | 62.70% |
| 2026-02-03 | 62.72% |
| 2026-02-02 | 62.73% |
| 2026-01-30 | 62.70% |
| 2026-01-29 | 62.70% |
| 2026-01-28 | 62.71% |
| 2026-01-27 | 62.72% |
| 2026-01-26 | 62.72% |
| 2026-01-23 | 62.71% |
| 2026-01-22 | 62.70% |
| 2026-01-21 | 62.71% |
| 2026-01-20 | 62.71% |
| 2026-01-16 | 62.70% |
| 2026-01-15 | 62.72% |
| 2026-01-14 | 62.72% |
| 2026-01-13 | 62.72% |
| 2026-01-12 | 62.72% |
| 2026-01-09 | 62.72% |
| 2026-01-08 | 62.71% |
| 2026-01-07 | 62.70% |
| 2026-01-06 | 62.71% |
| 2026-01-05 | 62.73% |
| 2026-01-02 | 62.70% |
| 2025-12-31 | 62.72% |
| 2025-12-30 | 62.71% |
| 2025-12-29 | 62.70% |
| 2025-12-26 | 62.70% |
| 2025-12-24 | 62.72% |
| 2025-12-23 | 62.73% |
| 2025-12-22 | 62.71% |
| 2025-12-19 | 62.72% |
| 2025-12-18 | 62.72% |
| 2025-12-17 | 62.72% |
| 2025-12-16 | 62.71% |
| 2025-12-15 | 62.70% |
| 2025-12-12 | 62.72% |
| 2025-12-11 | 62.72% |
| 2025-12-10 | 62.73% |
| 2025-12-09 | 62.72% |
| 2025-12-08 | 62.71% |
| 2025-12-05 | 62.71% |
| 2025-12-04 | 62.72% |
| 2025-12-03 | 47.04% |
| 2025-12-02 | 47.03% |
| 2025-12-01 | 47.04% |
| 2025-11-28 | 47.03% |
| 2025-11-26 | 62.37% |
| 2025-11-25 | 62.37% |
| 2025-11-24 | 62.36% |
| 2025-11-21 | 62.15% |
| 2025-11-20 | 62.16% |
| 2025-11-19 | 62.15% |
| 2025-11-18 | 62.16% |
| 2025-11-17 | 62.15% |
| 2025-11-14 | 62.17% |
| 2025-11-13 | 62.15% |
| 2025-11-12 | 62.15% |
| 2025-11-11 | 62.15% |
| 2025-11-10 | 62.17% |
| 2025-11-07 | 62.16% |
| 2025-11-06 | 62.15% |
| 2025-11-05 | 62.17% |
| 2025-11-04 | 62.15% |
| 2025-11-03 | 62.15% |
| 2025-10-31 | 62.17% |
| 2025-10-30 | 62.15% |
| 2025-10-29 | 62.16% |
| 2025-10-28 | 62.17% |
| 2025-10-27 | 62.15% |
| 2025-10-24 | 62.16% |
| 2025-10-23 | 62.17% |
| 2025-10-22 | 62.15% |
| 2025-10-21 | 62.17% |
| 2025-10-20 | 62.16% |
| 2025-10-17 | 62.15% |
| 2025-10-16 | 62.17% |
| 2025-10-15 | 62.16% |
| 2025-10-14 | 62.16% |
| 2025-10-13 | 62.15% |
| 2025-10-10 | 62.17% |
| 2025-10-09 | 62.16% |
| 2025-10-08 | 62.15% |
| 2025-10-07 | 62.17% |
| 2025-10-06 | 62.16% |
| 2025-10-03 | 62.16% |
| 2025-10-02 | 62.15% |
| 2025-10-01 | 62.16% |
| 2025-09-30 | 62.17% |
| 2025-09-29 | 62.17% |
| 2025-09-26 | 62.16% |
| 2025-09-25 | 62.16% |
| 2025-09-24 | 62.17% |
| 2025-09-23 | 62.17% |
| 2025-09-22 | 62.16% |
| 2025-09-19 | 62.16% |
| 2025-09-18 | 62.16% |
| 2025-09-17 | 62.16% |
| 2025-09-16 | 62.16% |
| 2025-09-15 | 62.17% |
| 2025-09-12 | 62.17% |
| 2025-09-11 | 62.15% |
| 2025-09-10 | 62.15% |
| 2025-09-09 | 62.17% |
| 2025-09-08 | 62.16% |
| 2025-09-05 | 62.16% |
| 2025-09-04 | 62.16% |
| 2025-09-03 | 46.54% |
| 2025-09-02 | 46.53% |
| 2025-08-29 | 46.53% |
| 2025-08-28 | 61.82% |
| 2025-08-27 | 61.81% |
| 2025-08-26 | 61.83% |
| 2025-08-25 | 61.82% |
Showing the most recent 260 of 2,655 data points. The chart above shows the full history.
| $6.00 |
| 50.1% |
| 2020-01-31 | $10.29 | $5.44 | 52.9% |
| 2019-01-31 | $9.78 | $4.12 | 42.1% |
| 2018-01-31 | $7.33 | $3.56 | 48.6% |
| 2017-01-31 | $6.47 | $2.76 | 42.7% |
| 2016-01-31 | $5.49 | $2.36 | 43.0% |
| 2015-01-31 | $4.74 | $1.88 | 39.7% |
| 2014-01-31 | $3.78 | $1.56 | 41.3% |
| 2013-01-31 | $3.03 | $1.16 | 38.3% |
| 2012-01-31 | $2.49 | $1.04 | 41.8% |
| 2011-01-31 | $2.03 | $0.94 | 46.6% |
| 2010-01-31 | $1.58 | $0.90 | 57.0% |
| 2009-01-31 | $1.34 | $0.90 | 67.2% |
| 2008-01-31 | $2.38 | $0.90 | 37.8% |
| 2007-01-31 | $2.80 | $0.67 | 24.1% |
| 2006-01-31 | $2.73 | $0.40 | 14.7% |
| 2005-01-31 | $2.27 | $0.33 | 14.3% |
| 2004-01-31 | $1.88 | $0.26 | 13.8% |
| 2003-01-31 | $1.57 | $0.21 | 13.4% |
| 2002-01-31 | $1.30 | $0.17 | 13.1% |
| 2001-01-31 | $1.11 | $0.16 | 14.4% |
| 2000-01-31 | $1.03 | $0.11 | 11.0% |
| 1999-01-31 | $0.73 | $0.08 | 10.5% |
| 1998-01-31 | $0.53 | $0.06 | 11.9% |
| 1997-01-31 | $0.43 | $0.05 | 11.9% |
