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 45.40% is 27% above its 5-year average of 35.61%, near the high end of its 5-year range (13.10%–55.59%).
As of Friday, September 4, 2026. 3.84% above its 12-month average of 43.73%.
Dividend Payout Ratio (45.40%) = TTM Dividends/Share ($1.19) / TTM EPS ($2.62)
DIVIDEND PAYOUT RATIO
45.40%
DIVIDEND PAYOUT RATIO AVG TTM
43.73%
DIVIDEND PAYOUT RATIO AVG 3Y
42.57%
DIVIDEND PAYOUT RATIO AVG 5Y
35.61%
DIVIDEND PAYOUT RATIO AVG 10Y
33.50%
DIVIDEND PAYOUT RATIO AVG 15Y
28.08%
DIVIDEND PAYOUT RATIO AVG 20Y
22.25%
CURRENT VS TTM AVG
+3.84%
CURRENT VS 3Y AVG
+6.66%
CURRENT VS 5Y AVG
+27.50%
CURRENT VS 10Y AVG
+35.55%
CURRENT VS 15Y AVG
+61.69%
CURRENT VS 20Y AVG
+104.05%
| Fiscal year end | EPS | Dividends (FY) | Payout Ratio |
|---|---|---|---|
| 2025-10-31 | $2.67 | $1.16 | 43.4% |
| 2024-10-31 | $2.83 | $1.10 | 39.0% |
| 2023-10-31 | $3.29 | $1.05 | 31.9% |
| 2022-10-31 | $3.02 | $1.00 | 33.1% |
| 2021-10-31 | $5.41 | $0.78 | 14.3% |
| 2020-10-31 | $2.01 |
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 | 45.40% |
| 2026-09-03 | 45.41% |
| 2026-09-02 | 45.40% |
| 2026-09-01 | 45.38% |
| 2026-08-31 | 45.40% |
| 2026-08-28 | 45.40% |
| 2026-08-27 | 45.40% |
| 2026-08-26 | 45.40% |
| 2026-08-25 | 43.88% |
| 2026-08-24 | 43.91% |
| 2026-08-21 | 43.88% |
| 2026-08-20 | 43.87% |
| 2026-08-19 | 43.90% |
| 2026-08-18 | 43.91% |
| 2026-08-17 | 43.89% |
| 2026-08-14 | 43.89% |
| 2026-08-13 | 43.89% |
| 2026-08-12 | 43.87% |
| 2026-08-11 | 43.90% |
| 2026-08-10 | 43.90% |
| 2026-08-07 | 43.89% |
| 2026-08-06 | 43.90% |
| 2026-08-05 | 43.87% |
| 2026-08-04 | 43.87% |
| 2026-08-03 | 43.90% |
| 2026-07-31 | 43.88% |
| 2026-07-30 | 43.88% |
| 2026-07-29 | 43.88% |
| 2026-07-28 | 43.89% |
| 2026-07-27 | 43.90% |
| 2026-07-24 | 43.88% |
| 2026-07-23 | 43.87% |
| 2026-07-22 | 43.88% |
| 2026-07-21 | 43.87% |
| 2026-07-20 | 43.90% |
| 2026-07-17 | 43.91% |
| 2026-07-16 | 43.90% |
| 2026-07-15 | 43.87% |
| 2026-07-14 | 43.90% |
| 2026-07-13 | 43.89% |
| 2026-07-10 | 43.90% |
| 2026-07-09 | 43.87% |
| 2026-07-08 | 43.86% |
| 2026-07-07 | 43.88% |
| 2026-07-06 | 43.89% |
| 2026-07-02 | 43.88% |
| 2026-07-01 | 43.91% |
| 2026-06-30 | 43.91% |
| 2026-06-29 | 43.87% |
| 2026-06-26 | 43.87% |
| 2026-06-25 | 43.90% |
| 2026-06-24 | 43.87% |
| 2026-06-23 | 43.87% |
| 2026-06-22 | 43.91% |
| 2026-06-18 | 43.88% |
| 2026-06-17 | 43.87% |
| 2026-06-16 | 43.87% |
| 2026-06-15 | 43.90% |
| 2026-06-12 | 43.87% |
| 2026-06-11 | 43.90% |
| 2026-06-10 | 54.56% |
| 2026-06-09 | 43.48% |
| 2026-06-08 | 43.52% |
| 2026-06-05 | 43.50% |
| 2026-06-04 | 43.48% |
| 2026-06-03 | 43.50% |
| 2026-06-02 | 43.50% |
| 2026-06-01 | 43.51% |
| 2026-05-29 | 43.51% |
| 2026-05-28 | 43.50% |
| 2026-05-27 | 43.52% |
| 2026-05-26 | 44.63% |
| 2026-05-22 | 44.65% |
| 2026-05-21 | 44.68% |
| 2026-05-20 | 44.65% |
| 2026-05-19 | 44.63% |
| 2026-05-18 | 44.63% |
| 2026-05-15 | 44.64% |
| 2026-05-14 | 44.67% |
| 2026-05-13 | 44.63% |
| 2026-05-12 | 44.62% |
| 2026-05-11 | 44.66% |
| 2026-05-08 | 44.65% |
| 2026-05-07 | 44.65% |
| 2026-05-06 | 44.65% |
| 2026-05-05 | 44.64% |
| 2026-05-04 | 44.66% |
| 2026-05-01 | 44.65% |
| 2026-04-30 | 44.64% |
| 2026-04-29 | 44.66% |
| 2026-04-28 | 44.63% |
| 2026-04-27 | 44.62% |
| 2026-04-24 | 44.67% |
| 2026-04-23 | 44.66% |
| 2026-04-22 | 44.64% |
| 2026-04-21 | 44.66% |
| 2026-04-20 | 44.65% |
| 2026-04-17 | 44.65% |
| 2026-04-16 | 44.65% |
| 2026-04-15 | 44.63% |
| 2026-04-14 | 44.63% |
| 2026-04-13 | 44.63% |
| 2026-04-10 | 44.67% |
| 2026-04-09 | 44.64% |
| 2026-04-08 | 44.68% |
| 2026-04-07 | 44.66% |
| 2026-04-06 | 44.63% |
| 2026-04-02 | 44.65% |
| 2026-04-01 | 44.66% |
| 2026-03-31 | 44.67% |
| 2026-03-30 | 44.68% |
| 2026-03-27 | 44.63% |
| 2026-03-26 | 44.66% |
| 2026-03-25 | 44.64% |
| 2026-03-24 | 44.68% |
| 2026-03-23 | 44.66% |
| 2026-03-20 | 44.65% |
| 2026-03-19 | 44.65% |
| 2026-03-18 | 44.64% |
| 2026-03-17 | 44.64% |
| 2026-03-16 | 44.68% |
| 2026-03-13 | 44.65% |
| 2026-03-12 | 44.66% |
| 2026-03-11 | 55.59% |
| 2026-03-10 | 44.27% |
| 2026-03-09 | 44.25% |
| 2026-03-06 | 44.24% |
| 2026-03-05 | 44.28% |
| 2026-03-04 | 44.28% |
| 2026-03-03 | 44.25% |
| 2026-03-02 | 44.23% |
| 2026-02-27 | 44.23% |
| 2026-02-26 | 44.22% |
| 2026-02-25 | 44.26% |
| 2026-02-24 | 44.22% |
| 2026-02-23 | 44.05% |
| 2026-02-20 | 44.11% |
| 2026-02-19 | 44.08% |
| 2026-02-18 | 44.05% |
| 2026-02-17 | 44.10% |
| 2026-02-13 | 44.10% |
| 2026-02-12 | 44.08% |
| 2026-02-11 | 44.10% |
| 2026-02-10 | 44.11% |
| 2026-02-09 | 44.07% |
| 2026-02-06 | 44.11% |
| 2026-02-05 | 44.10% |
| 2026-02-04 | 44.09% |
| 2026-02-03 | 44.08% |
| 2026-02-02 | 44.11% |
| 2026-01-30 | 44.11% |
| 2026-01-29 | 44.10% |
| 2026-01-28 | 44.09% |
| 2026-01-27 | 44.09% |
| 2026-01-26 | 44.06% |
| 2026-01-23 | 44.07% |
| 2026-01-22 | 44.07% |
| 2026-01-21 | 44.08% |
| 2026-01-20 | 44.07% |
| 2026-01-16 | 44.10% |
| 2026-01-15 | 44.10% |
| 2026-01-14 | 44.10% |
| 2026-01-13 | 44.06% |
| 2026-01-12 | 44.07% |
| 2026-01-09 | 44.07% |
| 2026-01-08 | 44.07% |
| 2026-01-07 | 44.09% |
| 2026-01-06 | 44.09% |
| 2026-01-05 | 44.06% |
| 2026-01-02 | 44.10% |
| 2025-12-31 | 44.10% |
| 2025-12-30 | 44.08% |
| 2025-12-29 | 44.10% |
| 2025-12-26 | 44.10% |
| 2025-12-24 | 44.08% |
| 2025-12-23 | 44.07% |
| 2025-12-22 | 44.07% |
| 2025-12-19 | 44.10% |
| 2025-12-18 | 44.09% |
| 2025-12-17 | 44.09% |
| 2025-12-16 | 44.08% |
| 2025-12-15 | 44.08% |
| 2025-12-12 | 44.10% |
| 2025-12-11 | 44.09% |
| 2025-12-10 | 43.69% |
| 2025-12-09 | 42.42% |
| 2025-12-08 | 42.39% |
| 2025-12-05 | 42.40% |
| 2025-12-04 | 42.42% |
| 2025-12-03 | 42.42% |
| 2025-12-02 | 42.39% |
| 2025-12-01 | 42.38% |
| 2025-11-28 | 42.43% |
| 2025-11-26 | 42.38% |
| 2025-11-25 | 42.41% |
| 2025-11-24 | 42.40% |
| 2025-11-21 | 42.42% |
| 2025-11-20 | 42.39% |
| 2025-11-19 | 42.40% |
| 2025-11-18 | 42.41% |
| 2025-11-17 | 42.42% |
| 2025-11-14 | 42.42% |
| 2025-11-13 | 42.40% |
| 2025-11-12 | 42.38% |
| 2025-11-11 | 42.41% |
| 2025-11-10 | 42.39% |
| 2025-11-07 | 42.42% |
| 2025-11-06 | 42.42% |
| 2025-11-05 | 42.41% |
| 2025-11-04 | 42.39% |
| 2025-11-03 | 42.39% |
| 2025-10-31 | 42.42% |
| 2025-10-30 | 42.42% |
| 2025-10-29 | 42.42% |
| 2025-10-28 | 42.39% |
| 2025-10-27 | 42.41% |
| 2025-10-24 | 42.40% |
| 2025-10-23 | 42.39% |
| 2025-10-22 | 42.40% |
| 2025-10-21 | 42.42% |
| 2025-10-20 | 42.40% |
| 2025-10-17 | 42.42% |
| 2025-10-16 | 42.39% |
| 2025-10-15 | 42.40% |
| 2025-10-14 | 42.39% |
| 2025-10-13 | 42.41% |
| 2025-10-10 | 42.41% |
| 2025-10-09 | 42.41% |
| 2025-10-08 | 42.40% |
| 2025-10-07 | 42.42% |
| 2025-10-06 | 42.41% |
| 2025-10-03 | 42.41% |
| 2025-10-02 | 42.40% |
| 2025-10-01 | 42.40% |
| 2025-09-30 | 42.38% |
| 2025-09-29 | 42.40% |
| 2025-09-26 | 42.39% |
| 2025-09-25 | 42.42% |
| 2025-09-24 | 42.39% |
| 2025-09-23 | 42.40% |
| 2025-09-22 | 42.40% |
| 2025-09-19 | 42.42% |
| 2025-09-18 | 42.39% |
| 2025-09-17 | 42.40% |
| 2025-09-16 | 42.39% |
| 2025-09-15 | 42.38% |
| 2025-09-12 | 42.42% |
| 2025-09-11 | 42.40% |
| 2025-09-10 | 52.49% |
| 2025-09-09 | 41.91% |
| 2025-09-08 | 41.89% |
| 2025-09-05 | 41.91% |
| 2025-09-04 | 41.88% |
| 2025-09-03 | 41.89% |
| 2025-09-02 | 41.89% |
| 2025-08-29 | 41.88% |
| 2025-08-28 | 41.88% |
| 2025-08-27 | 41.90% |
| 2025-08-26 | 44.34% |
| 2025-08-25 | 44.34% |
Showing the most recent 260 of 2,491 data points. The chart above shows the full history.
| $0.70 |
| 35.1% |
| 2019-10-31 | $2.08 | $0.64 | 30.8% |
| 2018-10-31 | $3.30 | $0.56 | 16.9% |
| 2017-10-31 | $1.50 | $0.53 | 35.4% |
| 2016-10-31 | $1.44 | $0.62 | 43.1% |
| 2015-10-31 | $2.51 | $0.31 | 12.2% |
| 2014-10-31 | $2.66 | $0.28 | 10.4% |
| 2013-10-31 | $2.64 | $0.25 | 9.5% |
| 2012-10-31 | ($6.41) | $0.23 | N/A (Loss) |
| 2011-10-31 | $3.38 | $0.18 | 5.4% |
| 2010-10-31 | $3.78 | $0.15 | 3.8% |
| 2009-10-31 | $3.21 | $0.15 | 4.5% |
| 2008-10-31 | $3.35 | $0.15 | 4.3% |
| 2007-10-31 | $2.76 | $0.15 | 5.3% |
| 2006-10-31 | $2.23 | $0.15 | 6.5% |
| 2005-10-31 | $0.83 | $0.15 | 17.5% |
| 2004-10-31 | $1.16 | $0.15 | 12.5% |
| 2003-10-31 | $0.83 | $0.15 | 17.5% |
| 2002-10-31 | ($0.37) | $0.15 | N/A (Loss) |
| 2001-10-31 | $0.32 | $0.15 | 45.4% |
| 2000-10-31 | $1.87 | $0.15 | 7.8% |
| 1999-10-31 | $1.73 | $0.15 | 8.4% |
| 1998-10-31 | $1.43 | $0.14 | 9.5% |
| 1997-10-31 | $1.53 | $0.12 | 7.7% |
| 1996-10-31 | $1.27 | $0.10 | 7.9% |
