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 29.95% is 13% below its 4-year average of 34.40%, near the low end of its 4-year range (24.69%–50.20%).
As of Thursday, October 1, 2026. 10.64% below its 12-month average of 33.52%.
Dividend Payout Ratio (29.95%) = TTM Dividends/Share ($1.72) / TTM EPS ($5.74)
Trailing-12-month dividend payout ratio; raw quarterly payout is intentionally not charted. Historical series through 2026-10-01.
DIVIDEND PAYOUT RATIO
29.95%
DIVIDEND PAYOUT RATIO AVG TTM
33.52%
DIVIDEND PAYOUT RATIO AVG 3Y
33.76%
DIVIDEND PAYOUT RATIO AVG 5Y
34.40%
DIVIDEND PAYOUT RATIO AVG 10Y
39.20%
DIVIDEND PAYOUT RATIO AVG 15Y
43.82%
DIVIDEND PAYOUT RATIO AVG 20Y
44.64%
CURRENT VS TTM AVG
-10.64%
CURRENT VS 3Y AVG
-11.28%
CURRENT VS 5Y AVG
-12.92%
CURRENT VS 10Y AVG
-23.59%
CURRENT VS 15Y AVG
-31.64%
CURRENT VS 20Y AVG
-32.89%
| Fiscal year end | EPS | Dividends (FY) | Payout Ratio |
|---|---|---|---|
| 2026-06-30 | $5.78 | $1.68 | 29.1% |
| 2025-06-30 | $4.52 | $1.50 | 33.2% |
| 2024-06-30 | $4.18 | $1.28 | 30.6% |
| 2023-06-30 | $3.63 | $1.16 | 32.0% |
| 2022-06-30 | $3.46 | $1.08 | 31.2% |
| 2021-06-11 | $3.00 |
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 |
|---|---|
| 2026-10-01 | 29.95% |
| 2026-09-30 | 29.98% |
| 2026-09-29 | 29.97% |
| 2026-09-28 | 29.97% |
| 2026-09-25 | 29.96% |
| 2026-09-24 | 29.95% |
| 2026-09-23 | 29.96% |
| 2026-09-22 | 29.98% |
| 2026-09-21 | 29.96% |
| 2026-09-18 | 29.97% |
| 2026-09-17 | 29.98% |
| 2026-09-16 | 29.97% |
| 2026-09-15 | 29.98% |
| 2026-09-14 | 29.97% |
| 2026-09-11 | 29.96% |
| 2026-09-10 | 29.97% |
| 2026-09-09 | 29.95% |
| 2026-09-08 | 29.95% |
| 2026-09-04 | 29.98% |
| 2026-09-03 | 37.27% |
| 2026-09-02 | 29.27% |
| 2026-09-01 | 29.26% |
| 2026-08-31 | 29.27% |
| 2026-08-28 | 29.26% |
| 2026-08-27 | 29.27% |
| 2026-08-26 | 29.28% |
| 2026-08-25 | 29.28% |
| 2026-08-24 | 29.26% |
| 2026-08-21 | 29.26% |
| 2026-08-20 | 29.27% |
| 2026-08-19 | 29.26% |
| 2026-08-18 | 29.25% |
| 2026-08-17 | 29.26% |
| 2026-08-14 | 29.85% |
| 2026-08-13 | 29.83% |
| 2026-08-12 | 29.83% |
| 2026-08-11 | 29.84% |
| 2026-08-10 | 29.85% |
| 2026-08-07 | 29.82% |
| 2026-08-06 | 29.83% |
| 2026-08-05 | 29.84% |
| 2026-08-04 | 29.83% |
| 2026-08-03 | 29.85% |
| 2026-07-31 | 29.84% |
| 2026-07-30 | 29.85% |
| 2026-07-29 | 29.84% |
| 2026-07-28 | 29.83% |
| 2026-07-27 | 29.85% |
| 2026-07-24 | 29.83% |
| 2026-07-23 | 29.86% |
| 2026-07-22 | 29.82% |
| 2026-07-21 | 29.84% |
| 2026-07-20 | 29.85% |
| 2026-07-17 | 29.82% |
| 2026-07-16 | 29.83% |
| 2026-07-15 | 29.85% |
| 2026-07-14 | 29.83% |
| 2026-07-13 | 29.85% |
| 2026-07-10 | 29.83% |
| 2026-07-09 | 29.85% |
| 2026-07-08 | 29.85% |
| 2026-07-07 | 29.82% |
| 2026-07-06 | 29.86% |
| 2026-07-02 | 29.83% |
| 2026-07-01 | 29.85% |
| 2026-06-30 | 29.82% |
| 2026-06-29 | 29.85% |
| 2026-06-26 | 29.84% |
| 2026-06-25 | 29.86% |
| 2026-06-24 | 29.83% |
| 2026-06-23 | 29.83% |
| 2026-06-22 | 29.86% |
| 2026-06-18 | 29.86% |
| 2026-06-17 | 29.82% |
| 2026-06-16 | 29.86% |
| 2026-06-15 | 29.84% |
| 2026-06-12 | 29.86% |
| 2026-06-11 | 29.82% |
| 2026-06-10 | 29.84% |
| 2026-06-09 | 29.86% |
| 2026-06-08 | 29.86% |
| 2026-06-05 | 29.86% |
| 2026-06-04 | 29.86% |
| 2026-06-03 | 36.49% |
| 2026-06-02 | 29.03% |
| 2026-06-01 | 29.05% |
| 2026-05-29 | 29.06% |
| 2026-05-28 | 29.03% |
| 2026-05-27 | 29.04% |
| 2026-05-26 | 29.05% |
| 2026-05-22 | 29.05% |
| 2026-05-21 | 29.04% |
| 2026-05-20 | 29.04% |
| 2026-05-19 | 29.03% |
| 2026-05-18 | 29.06% |
| 2026-05-15 | 29.06% |
| 2026-05-14 | 29.03% |
| 2026-05-13 | 29.03% |
| 2026-05-12 | 29.03% |
| 2026-05-11 | 29.02% |
| 2026-05-08 | 29.02% |
| 2026-05-07 | 29.06% |
| 2026-05-06 | 37.58% |
| 2026-05-05 | 37.58% |
| 2026-05-04 | 37.56% |
| 2026-05-01 | 37.57% |
| 2026-04-30 | 37.56% |
| 2026-04-29 | 37.61% |
| 2026-04-28 | 37.57% |
| 2026-04-27 | 37.57% |
| 2026-04-24 | 37.61% |
| 2026-04-23 | 37.59% |
| 2026-04-22 | 37.60% |
| 2026-04-21 | 37.61% |
| 2026-04-20 | 37.59% |
| 2026-04-17 | 37.57% |
| 2026-04-16 | 37.56% |
| 2026-04-15 | 37.57% |
| 2026-04-14 | 37.61% |
| 2026-04-13 | 37.61% |
| 2026-04-10 | 37.58% |
| 2026-04-09 | 37.60% |
| 2026-04-08 | 37.56% |
| 2026-04-07 | 37.58% |
| 2026-04-06 | 37.60% |
| 2026-04-02 | 37.60% |
| 2026-04-01 | 37.60% |
| 2026-03-31 | 37.60% |
| 2026-03-30 | 37.57% |
| 2026-03-27 | 37.56% |
| 2026-03-26 | 37.58% |
| 2026-03-25 | 37.61% |
| 2026-03-24 | 37.60% |
| 2026-03-23 | 37.59% |
| 2026-03-20 | 37.60% |
| 2026-03-19 | 37.59% |
| 2026-03-18 | 37.59% |
| 2026-03-17 | 37.61% |
| 2026-03-16 | 37.59% |
| 2026-03-13 | 37.57% |
| 2026-03-12 | 37.60% |
| 2026-03-11 | 37.57% |
| 2026-03-10 | 37.58% |
| 2026-03-09 | 37.59% |
| 2026-03-06 | 37.61% |
| 2026-03-05 | 37.58% |
| 2026-03-04 | 37.58% |
| 2026-03-03 | 36.54% |
| 2026-03-02 | 36.54% |
| 2026-02-27 | 36.56% |
| 2026-02-26 | 36.56% |
| 2026-02-25 | 36.57% |
| 2026-02-24 | 36.54% |
| 2026-02-23 | 36.57% |
| 2026-02-20 | 36.57% |
| 2026-02-19 | 36.57% |
| 2026-02-18 | 36.54% |
| 2026-02-17 | 36.56% |
| 2026-02-13 | 36.56% |
| 2026-02-12 | 36.52% |
| 2026-02-11 | 36.57% |
| 2026-02-10 | 36.55% |
| 2026-02-09 | 36.54% |
| 2026-02-06 | 36.56% |
| 2026-02-05 | 35.66% |
| 2026-02-04 | 35.66% |
| 2026-02-03 | 35.65% |
| 2026-02-02 | 35.64% |
| 2026-01-30 | 35.67% |
| 2026-01-29 | 35.67% |
| 2026-01-28 | 35.67% |
| 2026-01-27 | 35.65% |
| 2026-01-26 | 35.65% |
| 2026-01-23 | 35.66% |
| 2026-01-22 | 35.66% |
| 2026-01-21 | 35.67% |
| 2026-01-20 | 35.67% |
| 2026-01-16 | 35.66% |
| 2026-01-15 | 35.65% |
| 2026-01-14 | 35.65% |
| 2026-01-13 | 35.64% |
| 2026-01-12 | 35.66% |
| 2026-01-09 | 35.66% |
| 2026-01-08 | 35.65% |
| 2026-01-07 | 35.66% |
| 2026-01-06 | 35.65% |
| 2026-01-05 | 35.65% |
| 2026-01-02 | 35.64% |
| 2025-12-31 | 35.65% |
| 2025-12-30 | 35.63% |
| 2025-12-29 | 35.66% |
| 2025-12-26 | 35.64% |
| 2025-12-24 | 35.65% |
| 2025-12-23 | 35.66% |
| 2025-12-22 | 35.64% |
| 2025-12-19 | 35.65% |
| 2025-12-18 | 35.64% |
| 2025-12-17 | 35.63% |
| 2025-12-16 | 35.65% |
| 2025-12-15 | 35.65% |
| 2025-12-12 | 35.65% |
| 2025-12-11 | 35.66% |
| 2025-12-10 | 35.64% |
| 2025-12-09 | 35.67% |
| 2025-12-08 | 35.65% |
| 2025-12-05 | 35.64% |
| 2025-12-04 | 44.05% |
| 2025-12-03 | 34.64% |
| 2025-12-02 | 34.64% |
| 2025-12-01 | 34.64% |
| 2025-11-28 | 34.63% |
| 2025-11-26 | 34.63% |
| 2025-11-25 | 34.63% |
| 2025-11-24 | 34.63% |
| 2025-11-21 | 34.65% |
| 2025-11-20 | 34.66% |
| 2025-11-19 | 34.64% |
| 2025-11-18 | 34.64% |
| 2025-11-17 | 34.65% |
| 2025-11-14 | 34.66% |
| 2025-11-13 | 34.65% |
| 2025-11-12 | 34.65% |
| 2025-11-11 | 34.64% |
| 2025-11-10 | 34.63% |
| 2025-11-07 | 34.64% |
| 2025-11-06 | 34.47% |
| 2025-11-05 | 34.49% |
| 2025-11-04 | 34.50% |
| 2025-11-03 | 34.48% |
| 2025-10-31 | 34.48% |
| 2025-10-30 | 34.48% |
| 2025-10-29 | 34.50% |
| 2025-10-28 | 34.49% |
| 2025-10-27 | 34.48% |
| 2025-10-24 | 34.47% |
| 2025-10-23 | 34.49% |
| 2025-10-22 | 34.49% |
| 2025-10-21 | 34.48% |
| 2025-10-20 | 34.50% |
| 2025-10-17 | 34.49% |
| 2025-10-16 | 34.49% |
| 2025-10-15 | 34.48% |
| 2025-10-14 | 34.48% |
| 2025-10-13 | 34.48% |
| 2025-10-10 | 34.48% |
| 2025-10-09 | 34.49% |
| 2025-10-08 | 34.48% |
| 2025-10-07 | 34.49% |
| 2025-10-06 | 34.47% |
| 2025-10-03 | 34.48% |
| 2025-10-02 | 34.50% |
| 2025-10-01 | 34.48% |
| 2025-09-30 | 34.49% |
| 2025-09-29 | 34.47% |
| 2025-09-26 | 34.49% |
| 2025-09-25 | 34.49% |
| 2025-09-24 | 34.49% |
| 2025-09-23 | 34.48% |
| 2025-09-22 | 34.48% |
| 2025-09-19 | 34.48% |
Showing the most recent 260 of 2,232 data points. The chart above shows the full history.
| $1.04 |
| 34.7% |
| 2020-07-31 | ($0.04) | $1.04 | N/A (Loss) |
| 2019-04-30 | $2.06 | $1.00 | 48.5% |
| 2018-04-30 | $2.94 | $0.96 | 32.7% |
| 2017-04-30 | $1.92 | $0.88 | 45.8% |
| 2016-04-30 | $1.50 | $0.80 | 53.3% |
| 2015-04-30 | $1.72 | $0.80 | 46.5% |
| 2014-04-30 | $1.73 | $0.80 | 46.2% |
| 2013-04-30 | $1.59 | $0.80 | 50.3% |
| 2012-04-30 | $0.89 | $0.70 | 78.7% |
| 2011-04-30 | $1.31 | $0.60 | 45.8% |
| 2010-04-30 | $1.44 | $0.60 | 41.7% |
| 2009-04-30 | $1.46 | $0.59 | 40.6% |
| 2008-04-30 | ($0.95) | $0.56 | N/A (Loss) |
| 2007-04-30 | ($1.34) | $0.53 | N/A (Loss) |
| 2006-04-30 | $1.49 | $0.61 | 40.9% |
| 2005-04-30 | $1.88 | $0.43 | 22.9% |
| 2004-04-30 | $1.96 | $0.39 | 19.9% |
| 2003-04-30 | $1.33 | $0.35 | 26.3% |
| 2002-04-30 | $1.21 | $0.32 | 26.0% |
| 2001-04-30 | $0.77 | $0.29 | 38.1% |
| 2000-04-30 | $0.64 | $0.27 | 42.0% |
| 1999-04-30 | $0.54 | $0.24 | 44.0% |
| 1998-04-30 | $0.94 | $0.20 | 21.3% |
| 1997-04-30 | $0.12 | $0.26 | 216.7% |
