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 45.96% is in line with its 5-year average of 50.53%, around the middle of its 5-year range (28.51%–86.13%).
As of Monday, October 5, 2026. 13.06% below its 12-month average of 52.87%.
Dividend Payout Ratio (45.96%) = TTM Dividends/Share ($0.97) / TTM EPS ($2.11)
Trailing-12-month dividend payout ratio; raw quarterly payout is intentionally not charted. Historical series through 2026-10-05.
DIVIDEND PAYOUT RATIO
45.96%
DIVIDEND PAYOUT RATIO AVG TTM
52.87%
DIVIDEND PAYOUT RATIO AVG 3Y
58.31%
DIVIDEND PAYOUT RATIO AVG 5Y
50.53%
DIVIDEND PAYOUT RATIO AVG 10Y
49.90%
DIVIDEND PAYOUT RATIO AVG 15Y
55.03%
DIVIDEND PAYOUT RATIO AVG 20Y
54.03%
CURRENT VS TTM AVG
-13.06%
CURRENT VS 3Y AVG
-21.18%
CURRENT VS 5Y AVG
-9.04%
CURRENT VS 10Y AVG
-7.90%
CURRENT VS 15Y AVG
-16.49%
CURRENT VS 20Y AVG
-14.94%
| Fiscal year end | EPS | Dividends (FY) | Payout Ratio |
|---|---|---|---|
| 2025-12-31 | $1.99 | $0.96 | 48.2% |
| 2024-12-31 | $1.26 | $0.92 | 73.0% |
| 2023-12-31 | $1.75 | $0.88 | 50.3% |
| 2022-12-31 | $2.33 | $0.84 | 36.1% |
| 2021-12-31 | $2.75 | $0.81 | 29.5% |
| 2020-12-31 | $1.29 |
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 | 45.96% |
| 2026-10-02 | 45.98% |
| 2026-10-01 | 45.98% |
| 2026-09-30 | 45.95% |
| 2026-09-29 | 45.97% |
| 2026-09-28 | 45.99% |
| 2026-09-25 | 45.97% |
| 2026-09-24 | 45.98% |
| 2026-09-23 | 45.98% |
| 2026-09-22 | 45.96% |
| 2026-09-21 | 45.97% |
| 2026-09-18 | 45.97% |
| 2026-09-17 | 45.96% |
| 2026-09-16 | 45.95% |
| 2026-09-15 | 45.97% |
| 2026-09-14 | 45.98% |
| 2026-09-11 | 45.96% |
| 2026-09-10 | 45.96% |
| 2026-09-09 | 45.99% |
| 2026-09-08 | 45.98% |
| 2026-09-04 | 45.97% |
| 2026-09-03 | 45.96% |
| 2026-09-02 | 45.96% |
| 2026-09-01 | 45.99% |
| 2026-08-31 | 45.97% |
| 2026-08-28 | 45.98% |
| 2026-08-27 | 45.96% |
| 2026-08-26 | 45.97% |
| 2026-08-25 | 45.99% |
| 2026-08-24 | 45.96% |
| 2026-08-21 | 45.97% |
| 2026-08-20 | 45.97% |
| 2026-08-19 | 45.98% |
| 2026-08-18 | 45.98% |
| 2026-08-17 | 45.98% |
| 2026-08-14 | 45.96% |
| 2026-08-13 | 45.98% |
| 2026-08-12 | 45.98% |
| 2026-08-11 | 45.99% |
| 2026-08-10 | 45.98% |
| 2026-08-07 | 47.55% |
| 2026-08-06 | 47.53% |
| 2026-08-05 | 59.31% |
| 2026-08-04 | 47.07% |
| 2026-08-03 | 47.06% |
| 2026-07-31 | 47.05% |
| 2026-07-30 | 47.07% |
| 2026-07-29 | 47.07% |
| 2026-07-28 | 47.05% |
| 2026-07-27 | 47.07% |
| 2026-07-24 | 47.05% |
| 2026-07-23 | 47.07% |
| 2026-07-22 | 47.05% |
| 2026-07-21 | 47.07% |
| 2026-07-20 | 47.06% |
| 2026-07-17 | 47.06% |
| 2026-07-16 | 47.06% |
| 2026-07-15 | 47.05% |
| 2026-07-14 | 47.04% |
| 2026-07-13 | 47.05% |
| 2026-07-10 | 47.05% |
| 2026-07-09 | 47.05% |
| 2026-07-08 | 47.06% |
| 2026-07-07 | 47.05% |
| 2026-07-06 | 47.05% |
| 2026-07-02 | 47.06% |
| 2026-07-01 | 47.06% |
| 2026-06-30 | 47.06% |
| 2026-06-29 | 47.05% |
| 2026-06-26 | 47.06% |
| 2026-06-25 | 47.07% |
| 2026-06-24 | 47.07% |
| 2026-06-23 | 47.05% |
| 2026-06-22 | 47.04% |
| 2026-06-18 | 47.07% |
| 2026-06-17 | 47.06% |
| 2026-06-16 | 47.07% |
| 2026-06-15 | 47.05% |
| 2026-06-12 | 47.07% |
| 2026-06-11 | 47.07% |
| 2026-06-10 | 47.06% |
| 2026-06-09 | 47.05% |
| 2026-06-08 | 47.05% |
| 2026-06-05 | 47.07% |
| 2026-06-04 | 47.06% |
| 2026-06-03 | 47.05% |
| 2026-06-02 | 47.05% |
| 2026-06-01 | 47.04% |
| 2026-05-29 | 47.07% |
| 2026-05-28 | 47.05% |
| 2026-05-27 | 47.04% |
| 2026-05-26 | 47.04% |
| 2026-05-22 | 47.05% |
| 2026-05-21 | 47.04% |
| 2026-05-20 | 47.06% |
| 2026-05-19 | 47.04% |
| 2026-05-18 | 47.04% |
| 2026-05-15 | 47.06% |
| 2026-05-14 | 47.06% |
| 2026-05-13 | 47.07% |
| 2026-05-12 | 47.05% |
| 2026-05-11 | 47.07% |
| 2026-05-08 | 48.98% |
| 2026-05-07 | 48.98% |
| 2026-05-06 | 61.22% |
| 2026-05-05 | 48.98% |
| 2026-05-04 | 49.00% |
| 2026-05-01 | 48.99% |
| 2026-04-30 | 48.98% |
| 2026-04-29 | 48.97% |
| 2026-04-28 | 48.99% |
| 2026-04-27 | 48.98% |
| 2026-04-24 | 49.00% |
| 2026-04-23 | 48.97% |
| 2026-04-22 | 48.98% |
| 2026-04-21 | 48.97% |
| 2026-04-20 | 48.97% |
| 2026-04-17 | 49.00% |
| 2026-04-16 | 48.98% |
| 2026-04-15 | 48.99% |
| 2026-04-14 | 48.99% |
| 2026-04-13 | 48.99% |
| 2026-04-10 | 48.98% |
| 2026-04-09 | 48.96% |
| 2026-04-08 | 48.96% |
| 2026-04-07 | 48.97% |
| 2026-04-06 | 49.00% |
| 2026-04-02 | 48.99% |
| 2026-04-01 | 48.97% |
| 2026-03-31 | 49.00% |
| 2026-03-30 | 48.98% |
| 2026-03-27 | 48.97% |
| 2026-03-26 | 48.98% |
| 2026-03-25 | 48.98% |
| 2026-03-24 | 48.98% |
| 2026-03-23 | 48.99% |
| 2026-03-20 | 48.99% |
| 2026-03-19 | 49.00% |
| 2026-03-18 | 48.97% |
| 2026-03-17 | 49.00% |
| 2026-03-16 | 48.99% |
| 2026-03-13 | 48.98% |
| 2026-03-12 | 48.98% |
| 2026-03-11 | 48.99% |
| 2026-03-10 | 48.97% |
| 2026-03-09 | 48.97% |
| 2026-03-06 | 48.97% |
| 2026-03-05 | 48.97% |
| 2026-03-04 | 48.97% |
| 2026-03-03 | 48.97% |
| 2026-03-02 | 49.00% |
| 2026-02-27 | 57.83% |
| 2026-02-26 | 57.82% |
| 2026-02-25 | 57.83% |
| 2026-02-24 | 57.83% |
| 2026-02-23 | 57.83% |
| 2026-02-20 | 57.83% |
| 2026-02-19 | 57.84% |
| 2026-02-18 | 57.82% |
| 2026-02-17 | 57.84% |
| 2026-02-13 | 57.83% |
| 2026-02-12 | 57.81% |
| 2026-02-11 | 57.84% |
| 2026-02-10 | 57.83% |
| 2026-02-09 | 57.83% |
| 2026-02-06 | 57.82% |
| 2026-02-05 | 72.27% |
| 2026-02-04 | 72.28% |
| 2026-02-03 | 72.31% |
| 2026-02-02 | 72.27% |
| 2026-01-30 | 72.30% |
| 2026-01-29 | 72.29% |
| 2026-01-28 | 72.29% |
| 2026-01-27 | 57.84% |
| 2026-01-26 | 57.82% |
| 2026-01-23 | 57.82% |
| 2026-01-22 | 57.83% |
| 2026-01-21 | 57.83% |
| 2026-01-20 | 57.83% |
| 2026-01-16 | 57.81% |
| 2026-01-15 | 57.84% |
| 2026-01-14 | 57.81% |
| 2026-01-13 | 57.84% |
| 2026-01-12 | 57.83% |
| 2026-01-09 | 57.85% |
| 2026-01-08 | 57.83% |
| 2026-01-07 | 57.85% |
| 2026-01-06 | 57.81% |
| 2026-01-05 | 57.82% |
| 2026-01-02 | 57.84% |
| 2025-12-31 | 57.84% |
| 2025-12-30 | 57.85% |
| 2025-12-29 | 57.82% |
| 2025-12-26 | 57.84% |
| 2025-12-24 | 57.84% |
| 2025-12-23 | 57.84% |
| 2025-12-22 | 57.84% |
| 2025-12-19 | 57.85% |
| 2025-12-18 | 57.85% |
| 2025-12-17 | 57.82% |
| 2025-12-16 | 57.84% |
| 2025-12-15 | 57.83% |
| 2025-12-12 | 57.82% |
| 2025-12-11 | 57.82% |
| 2025-12-10 | 57.84% |
| 2025-12-09 | 57.82% |
| 2025-12-08 | 57.83% |
| 2025-12-05 | 57.82% |
| 2025-12-04 | 57.81% |
| 2025-12-03 | 57.85% |
| 2025-12-02 | 57.82% |
| 2025-12-01 | 57.84% |
| 2025-11-28 | 57.82% |
| 2025-11-26 | 57.84% |
| 2025-11-25 | 57.83% |
| 2025-11-24 | 57.85% |
| 2025-11-21 | 57.84% |
| 2025-11-20 | 57.85% |
| 2025-11-19 | 57.83% |
| 2025-11-18 | 57.84% |
| 2025-11-17 | 57.81% |
| 2025-11-14 | 57.85% |
| 2025-11-13 | 57.82% |
| 2025-11-12 | 57.85% |
| 2025-11-11 | 57.81% |
| 2025-11-10 | 57.81% |
| 2025-11-07 | 67.15% |
| 2025-11-06 | 67.15% |
| 2025-11-05 | 83.23% |
| 2025-11-04 | 66.45% |
| 2025-11-03 | 66.42% |
| 2025-10-31 | 66.44% |
| 2025-10-30 | 66.44% |
| 2025-10-29 | 66.42% |
| 2025-10-28 | 66.45% |
| 2025-10-27 | 66.43% |
| 2025-10-24 | 66.44% |
| 2025-10-23 | 66.44% |
| 2025-10-22 | 66.43% |
| 2025-10-21 | 66.42% |
| 2025-10-20 | 66.43% |
| 2025-10-17 | 66.44% |
| 2025-10-16 | 66.41% |
| 2025-10-15 | 66.45% |
| 2025-10-14 | 66.45% |
| 2025-10-13 | 66.43% |
| 2025-10-10 | 66.42% |
| 2025-10-09 | 66.44% |
| 2025-10-08 | 66.44% |
| 2025-10-07 | 66.42% |
| 2025-10-06 | 66.45% |
| 2025-10-03 | 66.43% |
| 2025-10-02 | 66.43% |
| 2025-10-01 | 66.45% |
| 2025-09-30 | 66.45% |
| 2025-09-29 | 66.43% |
| 2025-09-26 | 66.44% |
| 2025-09-25 | 66.42% |
| 2025-09-24 | 66.43% |
| 2025-09-23 | 66.42% |
Showing the most recent 260 of 2,461 data points. The chart above shows the full history.
| $0.80 |
| 62.0% |
| 2019-12-31 | $1.84 | $0.84 | 45.7% |
| 2018-12-31 | $1.49 | $0.72 | 48.3% |
| 2017-12-31 | $1.29 | $0.61 | 47.3% |
| 2016-12-31 | $1.30 | $0.72 | 55.4% |
| 2015-12-31 | $1.25 | $0.53 | 42.4% |
| 2014-12-31 | $0.82 | $0.50 | 61.0% |
| 2013-12-31 | $0.61 | $0.42 | 68.9% |
| 2012-12-31 | $0.87 | $0.80 | 92.0% |
| 2011-12-31 | $0.42 | $0.38 | 90.5% |
| 2010-12-31 | $1.05 | $0.00 | 0.0% |
| 2009-12-31 | $0.07 | $0.10 | 134.8% |
| 2008-12-31 | $0.93 | $0.77 | 82.8% |
| 2007-12-31 | $1.63 | $0.84 | 51.5% |
| 2006-12-31 | $1.65 | $0.79 | 47.9% |
| 2005-12-31 | $1.69 | $0.69 | 40.5% |
| 2004-12-31 | $1.46 | $0.60 | 41.1% |
| 2003-12-31 | $1.30 | $0.52 | 40.3% |
| 2002-12-31 | $1.25 | $0.45 | 35.8% |
| 2001-12-31 | $0.83 | $0.38 | 45.4% |
| 2000-12-31 | $0.63 | $0.29 | 46.1% |
| 1999-12-31 | $0.48 | $0.27 | 55.6% |
