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 61.28% is in line with its 5-year average of 57.59%, around the middle of its 5-year range (39.99%–89.35%).
As of Monday, October 5, 2026. 7.23% above its 12-month average of 57.15%.
Dividend Payout Ratio (61.28%) = TTM Dividends/Share ($1.74) / TTM EPS ($2.84)
Trailing-12-month dividend payout ratio; raw quarterly payout is intentionally not charted. Historical series through 2026-10-05.
DIVIDEND PAYOUT RATIO
61.28%
DIVIDEND PAYOUT RATIO AVG TTM
57.15%
DIVIDEND PAYOUT RATIO AVG 3Y
56.90%
DIVIDEND PAYOUT RATIO AVG 5Y
57.59%
DIVIDEND PAYOUT RATIO AVG 10Y
57.59%
DIVIDEND PAYOUT RATIO AVG 15Y
54.86%
DIVIDEND PAYOUT RATIO AVG 20Y
54.85%
CURRENT VS TTM AVG
+7.23%
CURRENT VS 3Y AVG
+7.69%
CURRENT VS 5Y AVG
+6.40%
CURRENT VS 10Y AVG
+6.40%
CURRENT VS 15Y AVG
+11.70%
CURRENT VS 20Y AVG
+11.71%
| Fiscal year end | EPS | Dividends (FY) | Payout Ratio |
|---|---|---|---|
| 2025-12-31 | $2.93 | $1.68 | 57.3% |
| 2024-12-31 | $2.80 | $1.60 | 57.1% |
| 2023-12-31 | $2.69 | $1.52 | 56.5% |
| 2022-12-31 | $2.44 | $1.44 | 59.0% |
| 2021-12-31 | $2.04 | $1.36 | 66.7% |
| 2020-12-31 | $2.16 |
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 | 61.28% |
| 2026-10-02 | 61.26% |
| 2026-10-01 | 61.28% |
| 2026-09-30 | 61.27% |
| 2026-09-29 | 61.27% |
| 2026-09-28 | 61.27% |
| 2026-09-25 | 61.28% |
| 2026-09-24 | 61.26% |
| 2026-09-23 | 61.26% |
| 2026-09-22 | 61.25% |
| 2026-09-21 | 61.28% |
| 2026-09-18 | 61.28% |
| 2026-09-17 | 61.26% |
| 2026-09-16 | 61.26% |
| 2026-09-15 | 61.28% |
| 2026-09-14 | 61.25% |
| 2026-09-11 | 61.26% |
| 2026-09-10 | 61.26% |
| 2026-09-09 | 61.27% |
| 2026-09-08 | 61.27% |
| 2026-09-04 | 61.27% |
| 2026-09-03 | 61.26% |
| 2026-09-02 | 61.26% |
| 2026-09-01 | 61.25% |
| 2026-08-31 | 61.26% |
| 2026-08-28 | 61.28% |
| 2026-08-27 | 61.27% |
| 2026-08-26 | 61.26% |
| 2026-08-25 | 61.28% |
| 2026-08-24 | 61.27% |
| 2026-08-21 | 61.26% |
| 2026-08-20 | 61.26% |
| 2026-08-19 | 61.27% |
| 2026-08-18 | 61.27% |
| 2026-08-17 | 61.28% |
| 2026-08-14 | 61.26% |
| 2026-08-13 | 61.28% |
| 2026-08-12 | 61.26% |
| 2026-08-11 | 61.27% |
| 2026-08-10 | 76.07% |
| 2026-08-07 | 60.55% |
| 2026-08-06 | 60.55% |
| 2026-08-05 | 60.55% |
| 2026-08-04 | 60.56% |
| 2026-08-03 | 60.57% |
| 2026-07-31 | 60.58% |
| 2026-07-30 | 60.56% |
| 2026-07-29 | 60.56% |
| 2026-07-28 | 58.89% |
| 2026-07-27 | 58.91% |
| 2026-07-24 | 58.90% |
| 2026-07-23 | 58.90% |
| 2026-07-22 | 58.89% |
| 2026-07-21 | 58.89% |
| 2026-07-20 | 58.92% |
| 2026-07-17 | 58.91% |
| 2026-07-16 | 58.90% |
| 2026-07-15 | 58.92% |
| 2026-07-14 | 58.89% |
| 2026-07-13 | 58.89% |
| 2026-07-10 | 58.90% |
| 2026-07-09 | 58.91% |
| 2026-07-08 | 58.89% |
| 2026-07-07 | 58.89% |
| 2026-07-06 | 58.90% |
| 2026-07-02 | 58.91% |
| 2026-07-01 | 58.90% |
| 2026-06-30 | 58.90% |
| 2026-06-29 | 58.89% |
| 2026-06-26 | 58.89% |
| 2026-06-25 | 58.91% |
| 2026-06-24 | 58.89% |
| 2026-06-23 | 58.92% |
| 2026-06-22 | 58.91% |
| 2026-06-18 | 58.89% |
| 2026-06-17 | 58.90% |
| 2026-06-16 | 58.92% |
| 2026-06-15 | 58.91% |
| 2026-06-12 | 58.90% |
| 2026-06-11 | 58.91% |
| 2026-06-10 | 58.91% |
| 2026-06-09 | 58.90% |
| 2026-06-08 | 58.89% |
| 2026-06-05 | 58.91% |
| 2026-06-04 | 58.91% |
| 2026-06-03 | 58.90% |
| 2026-06-02 | 58.89% |
| 2026-06-01 | 58.91% |
| 2026-05-29 | 58.89% |
| 2026-05-28 | 58.91% |
| 2026-05-27 | 58.91% |
| 2026-05-26 | 58.90% |
| 2026-05-22 | 58.91% |
| 2026-05-21 | 58.91% |
| 2026-05-20 | 58.90% |
| 2026-05-19 | 58.91% |
| 2026-05-18 | 58.90% |
| 2026-05-15 | 58.91% |
| 2026-05-14 | 58.90% |
| 2026-05-13 | 58.92% |
| 2026-05-12 | 58.91% |
| 2026-05-11 | 73.27% |
| 2026-05-08 | 58.21% |
| 2026-05-07 | 58.23% |
| 2026-05-06 | 58.23% |
| 2026-05-05 | 58.23% |
| 2026-05-04 | 58.22% |
| 2026-05-01 | 58.22% |
| 2026-04-30 | 58.21% |
| 2026-04-29 | 58.22% |
| 2026-04-28 | 58.21% |
| 2026-04-27 | 58.23% |
| 2026-04-24 | 58.21% |
| 2026-04-23 | 58.23% |
| 2026-04-22 | 58.21% |
| 2026-04-21 | 58.22% |
| 2026-04-20 | 58.21% |
| 2026-04-17 | 58.22% |
| 2026-04-16 | 58.22% |
| 2026-04-15 | 58.22% |
| 2026-04-14 | 58.23% |
| 2026-04-13 | 58.20% |
| 2026-04-10 | 58.21% |
| 2026-04-09 | 58.22% |
| 2026-04-08 | 58.21% |
| 2026-04-07 | 58.23% |
| 2026-04-06 | 58.23% |
| 2026-04-02 | 58.23% |
| 2026-04-01 | 58.21% |
| 2026-03-31 | 58.21% |
| 2026-03-30 | 58.23% |
| 2026-03-27 | 58.21% |
| 2026-03-26 | 58.21% |
| 2026-03-25 | 58.21% |
| 2026-03-24 | 58.21% |
| 2026-03-23 | 58.21% |
| 2026-03-20 | 58.22% |
| 2026-03-19 | 58.21% |
| 2026-03-18 | 58.22% |
| 2026-03-17 | 58.21% |
| 2026-03-16 | 58.23% |
| 2026-03-13 | 58.21% |
| 2026-03-12 | 58.21% |
| 2026-03-11 | 58.23% |
| 2026-03-10 | 58.22% |
| 2026-03-09 | 58.22% |
| 2026-03-06 | 58.20% |
| 2026-03-05 | 58.22% |
| 2026-03-04 | 58.22% |
| 2026-03-03 | 58.22% |
| 2026-03-02 | 58.21% |
| 2026-02-27 | 58.22% |
| 2026-02-26 | 53.96% |
| 2026-02-25 | 53.98% |
| 2026-02-24 | 53.97% |
| 2026-02-23 | 53.96% |
| 2026-02-20 | 53.97% |
| 2026-02-19 | 53.98% |
| 2026-02-18 | 53.97% |
| 2026-02-17 | 53.97% |
| 2026-02-13 | 53.98% |
| 2026-02-12 | 53.96% |
| 2026-02-11 | 53.96% |
| 2026-02-10 | 53.98% |
| 2026-02-09 | 67.29% |
| 2026-02-06 | 53.35% |
| 2026-02-05 | 53.35% |
| 2026-02-04 | 53.34% |
| 2026-02-03 | 53.33% |
| 2026-02-02 | 53.33% |
| 2026-01-30 | 53.33% |
| 2026-01-29 | 53.34% |
| 2026-01-28 | 53.32% |
| 2026-01-27 | 53.33% |
| 2026-01-26 | 53.34% |
| 2026-01-23 | 53.32% |
| 2026-01-22 | 53.33% |
| 2026-01-21 | 53.32% |
| 2026-01-20 | 53.33% |
| 2026-01-16 | 53.34% |
| 2026-01-15 | 53.33% |
| 2026-01-14 | 53.32% |
| 2026-01-13 | 53.32% |
| 2026-01-12 | 53.34% |
| 2026-01-09 | 53.34% |
| 2026-01-08 | 53.34% |
| 2026-01-07 | 53.34% |
| 2026-01-06 | 53.34% |
| 2026-01-05 | 53.34% |
| 2026-01-02 | 53.32% |
| 2025-12-31 | 53.33% |
| 2025-12-30 | 53.34% |
| 2025-12-29 | 53.33% |
| 2025-12-26 | 53.33% |
| 2025-12-24 | 53.32% |
| 2025-12-23 | 53.34% |
| 2025-12-22 | 53.33% |
| 2025-12-19 | 53.33% |
| 2025-12-18 | 53.34% |
| 2025-12-17 | 53.34% |
| 2025-12-16 | 53.33% |
| 2025-12-15 | 53.32% |
| 2025-12-12 | 53.33% |
| 2025-12-11 | 53.32% |
| 2025-12-10 | 53.33% |
| 2025-12-09 | 53.34% |
| 2025-12-08 | 53.33% |
| 2025-12-05 | 53.34% |
| 2025-12-04 | 53.35% |
| 2025-12-03 | 53.34% |
| 2025-12-02 | 53.32% |
| 2025-12-01 | 53.35% |
| 2025-11-28 | 53.33% |
| 2025-11-26 | 53.32% |
| 2025-11-25 | 53.33% |
| 2025-11-24 | 53.34% |
| 2025-11-21 | 53.32% |
| 2025-11-20 | 53.32% |
| 2025-11-19 | 53.34% |
| 2025-11-18 | 53.32% |
| 2025-11-17 | 53.35% |
| 2025-11-14 | 53.32% |
| 2025-11-13 | 53.33% |
| 2025-11-12 | 53.32% |
| 2025-11-11 | 53.33% |
| 2025-11-10 | 53.32% |
| 2025-11-07 | 39.99% |
| 2025-11-06 | 40.01% |
| 2025-11-05 | 40.01% |
| 2025-11-04 | 40.00% |
| 2025-11-03 | 52.71% |
| 2025-10-31 | 52.69% |
| 2025-10-30 | 52.71% |
| 2025-10-29 | 52.70% |
| 2025-10-28 | 54.41% |
| 2025-10-27 | 54.42% |
| 2025-10-24 | 54.44% |
| 2025-10-23 | 54.44% |
| 2025-10-22 | 54.43% |
| 2025-10-21 | 54.44% |
| 2025-10-20 | 54.41% |
| 2025-10-17 | 54.43% |
| 2025-10-16 | 54.41% |
| 2025-10-15 | 54.42% |
| 2025-10-14 | 54.44% |
| 2025-10-13 | 54.42% |
| 2025-10-10 | 54.44% |
| 2025-10-09 | 54.43% |
| 2025-10-08 | 54.42% |
| 2025-10-07 | 54.42% |
| 2025-10-06 | 54.42% |
| 2025-10-03 | 54.42% |
| 2025-10-02 | 54.43% |
| 2025-10-01 | 54.41% |
| 2025-09-30 | 54.44% |
| 2025-09-29 | 54.43% |
| 2025-09-26 | 54.42% |
| 2025-09-25 | 54.43% |
| 2025-09-24 | 54.44% |
| 2025-09-23 | 54.41% |
Showing the most recent 260 of 2,653 data points. The chart above shows the full history.
| $1.28 |
| 59.3% |
| 2019-12-31 | $0.82 | $1.20 | 146.3% |
| 2018-12-31 | $1.83 | $1.12 | 61.2% |
| 2017-12-31 | $2.89 | $1.04 | 36.0% |
| 2016-12-31 | $2.59 | $0.81 | 31.3% |
| 2015-12-31 | $1.86 | $0.78 | 41.9% |
| 2014-12-31 | $2.56 | $0.75 | 29.3% |
| 2013-12-31 | $1.13 | $0.73 | 64.6% |
| 2012-12-31 | $1.20 | $0.71 | 59.2% |
| 2011-12-31 | $1.12 | $0.69 | 61.6% |
| 2010-12-31 | $1.32 | $0.68 | 51.5% |
| 2009-12-31 | $0.82 | $0.66 | 80.5% |
| 2008-12-31 | $1.17 | $0.65 | 55.1% |
| 2007-12-31 | $1.05 | $0.60 | 57.6% |
| 2006-12-31 | $2.11 | $0.56 | 26.8% |
| 2005-12-31 | $1.20 | $0.54 | 44.6% |
| 2004-12-31 | $1.09 | $0.51 | 46.8% |
| 2003-12-31 | $0.95 | $0.48 | 51.1% |
| 2002-12-31 | $0.13 | $0.46 | 353.8% |
| 2001-12-31 | $0.77 | $0.43 | 55.7% |
| 2000-12-31 | $0.58 | $0.41 | 70.7% |
| 1999-12-31 | $0.87 | $0.40 | 46.0% |
| 1998-12-31 | $0.84 | $0.39 | 46.4% |
| 1997-12-31 | $0.13 | $0.38 | 292.3% |
| 1996-12-31 | $0.16 | $0.37 | 231.3% |
