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 10.73% is 33% below its 5-year average of 15.96%, near the low end of its 5-year range (7.03%–26.81%).
As of Monday, October 5, 2026. 14.29% below its 12-month average of 12.52%.
Dividend Payout Ratio (10.73%) = TTM Dividends/Share ($3.22) / TTM EPS ($30.00)
Trailing-12-month dividend payout ratio; raw quarterly payout is intentionally not charted. Historical series through 2026-10-05.
DIVIDEND PAYOUT RATIO
10.73%
DIVIDEND PAYOUT RATIO AVG TTM
12.52%
DIVIDEND PAYOUT RATIO AVG 3Y
16.83%
DIVIDEND PAYOUT RATIO AVG 5Y
15.96%
DIVIDEND PAYOUT RATIO AVG 10Y
14.00%
DIVIDEND PAYOUT RATIO AVG 15Y
16.19%
DIVIDEND PAYOUT RATIO AVG 20Y
18.37%
CURRENT VS TTM AVG
-14.29%
CURRENT VS 3Y AVG
-36.23%
CURRENT VS 5Y AVG
-32.74%
CURRENT VS 10Y AVG
-23.33%
CURRENT VS 15Y AVG
-33.73%
CURRENT VS 20Y AVG
-41.57%
| Fiscal year end | EPS | Dividends (FY) | Payout Ratio |
|---|---|---|---|
| 2025-12-31 | $25.01 | $2.52 | 10.1% |
| 2024-12-31 | $12.95 | $1.89 | 14.6% |
| 2023-12-31 | $12.26 | $2.52 | 20.6% |
| 2022-12-31 | $17.49 | $3.03 | 17.3% |
| 2021-12-31 | $31.51 | $2.83 | 9.0% |
| 2020-12-31 | $23.76 |
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 | 10.73% |
| 2026-10-02 | 10.73% |
| 2026-10-01 | 10.73% |
| 2026-09-30 | 10.72% |
| 2026-09-29 | 10.73% |
| 2026-09-28 | 10.73% |
| 2026-09-25 | 10.73% |
| 2026-09-24 | 10.73% |
| 2026-09-23 | 10.73% |
| 2026-09-22 | 10.72% |
| 2026-09-21 | 10.73% |
| 2026-09-18 | 10.73% |
| 2026-09-17 | 10.72% |
| 2026-09-16 | 10.73% |
| 2026-09-15 | 10.73% |
| 2026-09-14 | 10.72% |
| 2026-09-11 | 10.73% |
| 2026-09-10 | 10.72% |
| 2026-09-09 | 10.73% |
| 2026-09-08 | 10.73% |
| 2026-09-04 | 10.73% |
| 2026-09-03 | 10.73% |
| 2026-09-02 | 10.72% |
| 2026-09-01 | 10.73% |
| 2026-08-31 | 10.72% |
| 2026-08-28 | 10.73% |
| 2026-08-27 | 10.72% |
| 2026-08-26 | 10.73% |
| 2026-08-25 | 10.73% |
| 2026-08-24 | 10.73% |
| 2026-08-21 | 10.73% |
| 2026-08-20 | 10.73% |
| 2026-08-19 | 10.73% |
| 2026-08-18 | 10.73% |
| 2026-08-17 | 10.73% |
| 2026-08-14 | 10.72% |
| 2026-08-13 | 10.73% |
| 2026-08-12 | 10.72% |
| 2026-08-11 | 10.73% |
| 2026-08-10 | 10.73% |
| 2026-08-07 | 10.73% |
| 2026-08-06 | 10.72% |
| 2026-08-05 | 10.73% |
| 2026-08-04 | 10.72% |
| 2026-08-03 | 12.82% |
| 2026-07-31 | 10.73% |
| 2026-07-30 | 10.73% |
| 2026-07-29 | 10.72% |
| 2026-07-28 | 10.73% |
| 2026-07-27 | 10.73% |
| 2026-07-24 | 10.73% |
| 2026-07-23 | 10.72% |
| 2026-07-22 | 10.73% |
| 2026-07-21 | 10.73% |
| 2026-07-20 | 10.72% |
| 2026-07-17 | 10.72% |
| 2026-07-16 | 10.73% |
| 2026-07-15 | 10.72% |
| 2026-07-14 | 10.73% |
| 2026-07-13 | 10.73% |
| 2026-07-10 | 10.72% |
| 2026-07-09 | 10.72% |
| 2026-07-08 | 10.73% |
| 2026-07-07 | 10.73% |
| 2026-07-06 | 10.72% |
| 2026-07-02 | 10.73% |
| 2026-07-01 | 10.72% |
| 2026-06-30 | 14.12% |
| 2026-06-29 | 14.12% |
| 2026-06-26 | 14.12% |
| 2026-06-25 | 14.11% |
| 2026-06-24 | 14.12% |
| 2026-06-23 | 14.11% |
| 2026-06-22 | 14.12% |
| 2026-06-18 | 14.12% |
| 2026-06-17 | 14.11% |
| 2026-06-16 | 14.11% |
| 2026-06-15 | 14.12% |
| 2026-06-12 | 14.11% |
| 2026-06-11 | 14.12% |
| 2026-06-10 | 14.12% |
| 2026-06-09 | 14.12% |
| 2026-06-08 | 14.12% |
| 2026-06-05 | 14.12% |
| 2026-06-04 | 14.11% |
| 2026-06-03 | 14.11% |
| 2026-06-02 | 14.11% |
| 2026-06-01 | 14.12% |
| 2026-05-29 | 14.12% |
| 2026-05-28 | 14.11% |
| 2026-05-27 | 14.11% |
| 2026-05-26 | 14.12% |
| 2026-05-22 | 14.12% |
| 2026-05-21 | 14.11% |
| 2026-05-20 | 14.12% |
| 2026-05-19 | 14.12% |
| 2026-05-18 | 14.12% |
| 2026-05-15 | 14.12% |
| 2026-05-14 | 14.12% |
| 2026-05-13 | 14.12% |
| 2026-05-12 | 14.12% |
| 2026-05-11 | 14.12% |
| 2026-05-08 | 14.11% |
| 2026-05-07 | 14.12% |
| 2026-05-06 | 14.12% |
| 2026-05-05 | 14.12% |
| 2026-05-04 | 16.88% |
| 2026-05-01 | 14.12% |
| 2026-04-30 | 14.12% |
| 2026-04-29 | 14.12% |
| 2026-04-28 | 14.12% |
| 2026-04-27 | 14.11% |
| 2026-04-24 | 14.12% |
| 2026-04-23 | 14.11% |
| 2026-04-22 | 14.12% |
| 2026-04-21 | 14.11% |
| 2026-04-20 | 14.11% |
| 2026-04-17 | 14.12% |
| 2026-04-16 | 14.12% |
| 2026-04-15 | 14.11% |
| 2026-04-14 | 14.11% |
| 2026-04-13 | 14.12% |
| 2026-04-10 | 14.12% |
| 2026-04-09 | 14.11% |
| 2026-04-08 | 14.11% |
| 2026-04-07 | 14.12% |
| 2026-04-06 | 14.11% |
| 2026-04-02 | 14.12% |
| 2026-04-01 | 14.12% |
| 2026-03-31 | 13.00% |
| 2026-03-30 | 13.01% |
| 2026-03-27 | 13.01% |
| 2026-03-26 | 13.01% |
| 2026-03-25 | 13.00% |
| 2026-03-24 | 13.00% |
| 2026-03-23 | 13.01% |
| 2026-03-20 | 13.01% |
| 2026-03-19 | 13.01% |
| 2026-03-18 | 13.00% |
| 2026-03-17 | 13.01% |
| 2026-03-16 | 13.01% |
| 2026-03-13 | 13.00% |
| 2026-03-12 | 13.00% |
| 2026-03-11 | 13.00% |
| 2026-03-10 | 13.01% |
| 2026-03-09 | 13.00% |
| 2026-03-06 | 13.01% |
| 2026-03-05 | 13.00% |
| 2026-03-04 | 13.00% |
| 2026-03-03 | 13.00% |
| 2026-03-02 | 13.01% |
| 2026-02-27 | 13.00% |
| 2026-02-26 | 13.00% |
| 2026-02-25 | 13.00% |
| 2026-02-24 | 13.01% |
| 2026-02-23 | 13.01% |
| 2026-02-20 | 13.00% |
| 2026-02-19 | 13.00% |
| 2026-02-18 | 13.01% |
| 2026-02-17 | 13.00% |
| 2026-02-13 | 13.00% |
| 2026-02-12 | 13.01% |
| 2026-02-11 | 13.00% |
| 2026-02-10 | 13.00% |
| 2026-02-09 | 13.01% |
| 2026-02-06 | 13.00% |
| 2026-02-05 | 13.00% |
| 2026-02-04 | 13.00% |
| 2026-02-03 | 13.01% |
| 2026-02-02 | 13.01% |
| 2026-01-30 | 13.00% |
| 2026-01-29 | 13.00% |
| 2026-01-28 | 13.00% |
| 2026-01-27 | 13.00% |
| 2026-01-26 | 13.01% |
| 2026-01-23 | 13.00% |
| 2026-01-22 | 13.00% |
| 2026-01-21 | 13.01% |
| 2026-01-20 | 13.01% |
| 2026-01-16 | 13.00% |
| 2026-01-15 | 13.00% |
| 2026-01-14 | 13.01% |
| 2026-01-13 | 13.01% |
| 2026-01-12 | 13.01% |
| 2026-01-09 | 13.00% |
| 2026-01-08 | 13.00% |
| 2026-01-07 | 13.00% |
| 2026-01-06 | 13.01% |
| 2026-01-05 | 15.55% |
| 2026-01-02 | 10.17% |
| 2025-12-31 | 12.26% |
| 2025-12-30 | 12.26% |
| 2025-12-29 | 12.26% |
| 2025-12-26 | 12.26% |
| 2025-12-24 | 12.26% |
| 2025-12-23 | 12.26% |
| 2025-12-22 | 12.26% |
| 2025-12-19 | 12.26% |
| 2025-12-18 | 12.26% |
| 2025-12-17 | 12.27% |
| 2025-12-16 | 12.26% |
| 2025-12-15 | 12.26% |
| 2025-12-12 | 12.27% |
| 2025-12-11 | 12.26% |
| 2025-12-10 | 12.27% |
| 2025-12-09 | 12.26% |
| 2025-12-08 | 12.26% |
| 2025-12-05 | 12.26% |
| 2025-12-04 | 12.26% |
| 2025-12-03 | 12.26% |
| 2025-12-02 | 12.27% |
| 2025-12-01 | 12.27% |
| 2025-11-28 | 12.26% |
| 2025-11-26 | 12.26% |
| 2025-11-25 | 12.26% |
| 2025-11-24 | 12.26% |
| 2025-11-21 | 12.26% |
| 2025-11-20 | 12.26% |
| 2025-11-19 | 12.26% |
| 2025-11-18 | 12.26% |
| 2025-11-17 | 12.27% |
| 2025-11-14 | 12.26% |
| 2025-11-13 | 12.26% |
| 2025-11-12 | 12.26% |
| 2025-11-11 | 12.27% |
| 2025-11-10 | 12.26% |
| 2025-11-07 | 12.26% |
| 2025-11-06 | 12.26% |
| 2025-11-05 | 12.26% |
| 2025-11-04 | 12.27% |
| 2025-11-03 | 15.33% |
| 2025-10-31 | 12.26% |
| 2025-10-30 | 12.26% |
| 2025-10-29 | 12.27% |
| 2025-10-28 | 12.26% |
| 2025-10-27 | 12.26% |
| 2025-10-24 | 12.27% |
| 2025-10-23 | 12.26% |
| 2025-10-22 | 12.26% |
| 2025-10-21 | 12.26% |
| 2025-10-20 | 12.26% |
| 2025-10-17 | 12.27% |
| 2025-10-16 | 12.26% |
| 2025-10-15 | 12.26% |
| 2025-10-14 | 12.26% |
| 2025-10-13 | 12.27% |
| 2025-10-10 | 12.26% |
| 2025-10-09 | 12.26% |
| 2025-10-08 | 12.26% |
| 2025-10-07 | 12.27% |
| 2025-10-06 | 12.26% |
| 2025-10-03 | 12.27% |
| 2025-10-02 | 12.26% |
| 2025-10-01 | 12.27% |
| 2025-09-30 | 16.40% |
| 2025-09-29 | 16.41% |
| 2025-09-26 | 16.40% |
| 2025-09-25 | 16.40% |
| 2025-09-24 | 16.41% |
| 2025-09-23 | 16.41% |
Showing the most recent 260 of 2,653 data points. The chart above shows the full history.
| $3.48 |
| 14.6% |
| 2019-12-31 | $18.24 | $2.04 | 11.2% |
| 2018-12-31 | $14.25 | $1.73 | 12.1% |
| 2017-12-31 | $12.08 | $1.62 | 13.4% |
| 2016-12-31 | $10.99 | $1.52 | 13.8% |
| 2015-12-31 | $9.09 | $2.14 | 23.5% |
| 2014-12-31 | $10.46 | $1.37 | 13.1% |
| 2013-12-31 | $6.28 | $1.32 | 21.0% |
| 2012-12-31 | $6.25 | $1.28 | 20.5% |
| 2011-12-31 | $5.68 | $1.23 | 21.7% |
| 2010-12-31 | $4.81 | $1.15 | 23.9% |
| 2009-12-31 | $3.79 | $1.07 | 28.2% |
| 2008-12-31 | $2.96 | $1.02 | 34.5% |
| 2007-12-31 | $2.12 | $1.00 | 47.2% |
| 2006-12-31 | $2.19 | $0.80 | 36.5% |
| 2005-12-31 | $2.95 | $0.98 | 33.2% |
| 2004-12-31 | $2.80 | $0.92 | 32.9% |
| 2003-12-31 | $2.58 | $0.88 | 34.1% |
| 2002-12-31 | $2.91 | $0.80 | 27.5% |
| 2001-12-31 | $2.49 | $0.73 | 29.3% |
| 2000-12-31 | $2.07 | $0.64 | 30.9% |
| 1999-12-31 | $1.65 | $0.55 | 33.3% |
| 1998-12-31 | $1.53 | $0.45 | 29.2% |
| 1997-12-31 | $1.36 | $0.35 | 26.0% |
| 1996-12-31 | $1.05 | $0.17 | 16.5% |
