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 41.44% is in line with its 5-year average of 38.57%, around the middle of its 5-year range (23.31%–56.71%).
As of Sunday, August 9, 2026. 6.07% below its 12-month average of 44.12%.
Dividend Payout Ratio (41.44%) = TTM Dividends/Share ($2.88) / TTM EPS ($6.95)
DIVIDEND PAYOUT RATIO
41.44%
DIVIDEND PAYOUT RATIO AVG TTM
44.12%
DIVIDEND PAYOUT RATIO AVG 3Y
40.65%
DIVIDEND PAYOUT RATIO AVG 5Y
38.57%
DIVIDEND PAYOUT RATIO AVG 10Y
37.41%
DIVIDEND PAYOUT RATIO AVG 15Y
35.98%
DIVIDEND PAYOUT RATIO AVG 20Y
34.17%
CURRENT VS TTM AVG
-6.07%
CURRENT VS 3Y AVG
+1.95%
CURRENT VS 5Y AVG
+7.46%
CURRENT VS 10Y AVG
+10.80%
CURRENT VS 15Y AVG
+15.18%
CURRENT VS 20Y AVG
+21.30%
| Year | EPS | Dividend | Payout Ratio |
|---|---|---|---|
| 2025 | $6.41 | $2.82 | 44.0% |
| 2024 | $6.67 | $2.71 | 40.6% |
| 2023 | $7.88 | $2.52 | 32.0% |
| 2022 | $7.75 | $2.34 | 30.2% |
| 2021 | $5.91 | $2.12 | 35.9% |
| 2020 | $4.99 | $2.00 |
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 |
|---|---|
| 2026-08-07 | 41.44% |
| 2026-08-06 | 41.44% |
| 2026-08-05 | 41.44% |
| 2026-08-04 | 41.44% |
| 2026-08-03 | 41.44% |
| 2026-07-31 | 41.44% |
| 2026-07-30 | 41.44% |
| 2026-07-29 | 41.43% |
| 2026-07-28 | 42.60% |
| 2026-07-27 | 42.60% |
| 2026-07-24 | 42.61% |
| 2026-07-23 | 42.60% |
| 2026-07-22 | 42.60% |
| 2026-07-21 | 42.60% |
| 2026-07-20 | 42.61% |
| 2026-07-17 | 42.61% |
| 2026-07-16 | 42.60% |
| 2026-07-15 | 42.60% |
| 2026-07-14 | 42.60% |
| 2026-07-13 | 42.60% |
| 2026-07-10 | 53.10% |
| 2026-07-09 | 53.11% |
| 2026-07-08 | 53.11% |
| 2026-07-07 | 53.10% |
| 2026-07-06 | 53.10% |
| 2026-07-02 | 42.31% |
| 2026-07-01 | 42.31% |
| 2026-06-30 | 42.30% |
| 2026-06-29 | 42.31% |
| 2026-06-26 | 42.31% |
| 2026-06-25 | 42.31% |
| 2026-06-24 | 42.30% |
| 2026-06-23 | 42.31% |
| 2026-06-22 | 42.31% |
| 2026-06-18 | 42.30% |
| 2026-06-17 | 42.31% |
| 2026-06-16 | 42.31% |
| 2026-06-15 | 42.31% |
| 2026-06-12 | 42.31% |
| 2026-06-11 | 42.31% |
| 2026-06-10 | 42.31% |
| 2026-06-09 | 42.31% |
| 2026-06-08 | 42.31% |
| 2026-06-05 | 42.31% |
| 2026-06-04 | 42.31% |
| 2026-06-03 | 42.31% |
| 2026-06-02 | 42.31% |
| 2026-06-01 | 42.31% |
| 2026-05-29 | 42.31% |
| 2026-05-28 | 42.31% |
| 2026-05-27 | 42.30% |
| 2026-05-26 | 42.30% |
| 2026-05-22 | 42.30% |
| 2026-05-21 | 31.51% |
| 2026-05-20 | 31.51% |
| 2026-05-19 | 31.51% |
| 2026-05-18 | 42.01% |
| 2026-05-15 | 42.01% |
| 2026-05-14 | 42.01% |
| 2026-05-13 | 42.01% |
| 2026-05-12 | 42.01% |
| 2026-05-11 | 42.01% |
| 2026-05-08 | 42.01% |
| 2026-05-07 | 42.02% |
| 2026-05-06 | 42.02% |
| 2026-05-05 | 42.02% |
| 2026-05-04 | 42.02% |
| 2026-05-01 | 42.01% |
| 2026-04-30 | 42.02% |
| 2026-04-29 | 42.01% |
| 2026-04-28 | 44.31% |
| 2026-04-27 | 44.30% |
| 2026-04-24 | 44.30% |
| 2026-04-23 | 44.31% |
| 2026-04-22 | 44.31% |
| 2026-04-21 | 44.31% |
| 2026-04-20 | 44.30% |
| 2026-04-17 | 44.30% |
| 2026-04-16 | 44.30% |
| 2026-04-15 | 44.31% |
| 2026-04-14 | 44.31% |
| 2026-04-13 | 44.31% |
| 2026-04-10 | 44.30% |
| 2026-04-09 | 44.31% |
| 2026-04-08 | 44.31% |
| 2026-04-07 | 44.31% |
| 2026-04-06 | 44.31% |
| 2026-04-02 | 44.30% |
| 2026-04-01 | 44.31% |
| 2026-03-31 | 44.30% |
| 2026-03-30 | 44.31% |
| 2026-03-27 | 44.30% |
| 2026-03-26 | 44.31% |
| 2026-03-25 | 44.31% |
| 2026-03-24 | 44.31% |
| 2026-03-23 | 44.30% |
| 2026-03-20 | 44.30% |
| 2026-03-19 | 44.30% |
| 2026-03-18 | 44.31% |
| 2026-03-17 | 44.30% |
| 2026-03-16 | 44.30% |
| 2026-03-13 | 44.31% |
| 2026-03-12 | 44.30% |
| 2026-03-11 | 44.31% |
| 2026-03-10 | 44.30% |
| 2026-03-09 | 44.31% |
| 2026-03-06 | 44.30% |
| 2026-03-05 | 44.30% |
| 2026-03-04 | 44.31% |
| 2026-03-03 | 44.31% |
| 2026-03-02 | 44.30% |
| 2026-02-27 | 44.31% |
| 2026-02-26 | 44.31% |
| 2026-02-25 | 44.31% |
| 2026-02-24 | 44.31% |
| 2026-02-23 | 44.31% |
| 2026-02-20 | 44.31% |
| 2026-02-19 | 44.31% |
| 2026-02-18 | 44.94% |
| 2026-02-17 | 44.93% |
| 2026-02-13 | 44.93% |
| 2026-02-12 | 44.94% |
| 2026-02-11 | 44.93% |
| 2026-02-10 | 44.93% |
| 2026-02-09 | 44.94% |
| 2026-02-06 | 44.93% |
| 2026-02-05 | 44.93% |
| 2026-02-04 | 44.93% |
| 2026-02-03 | 44.94% |
| 2026-02-02 | 44.93% |
| 2026-01-30 | 44.94% |
| 2026-01-29 | 44.93% |
| 2026-01-28 | 44.94% |
| 2026-01-27 | 44.94% |
| 2026-01-26 | 44.93% |
| 2026-01-23 | 44.94% |
| 2026-01-22 | 44.93% |
| 2026-01-21 | 44.94% |
| 2026-01-20 | 44.94% |
| 2026-01-16 | 55.85% |
| 2026-01-15 | 44.62% |
| 2026-01-14 | 44.62% |
| 2026-01-13 | 44.62% |
| 2026-01-12 | 44.62% |
| 2026-01-09 | 44.63% |
| 2026-01-08 | 44.62% |
| 2026-01-07 | 44.62% |
| 2026-01-06 | 44.62% |
| 2026-01-05 | 44.62% |
| 2026-01-02 | 44.62% |
| 2025-12-31 | 44.63% |
| 2025-12-30 | 44.62% |
| 2025-12-29 | 44.62% |
| 2025-12-26 | 44.62% |
| 2025-12-24 | 44.62% |
| 2025-12-23 | 44.61% |
| 2025-12-22 | 44.63% |
| 2025-12-19 | 44.62% |
| 2025-12-18 | 44.63% |
| 2025-12-17 | 44.62% |
| 2025-12-16 | 44.63% |
| 2025-12-15 | 44.61% |
| 2025-12-12 | 44.62% |
| 2025-12-11 | 44.62% |
| 2025-12-10 | 44.62% |
| 2025-12-09 | 44.62% |
| 2025-12-08 | 44.62% |
| 2025-12-05 | 44.62% |
| 2025-12-04 | 44.62% |
| 2025-12-03 | 44.62% |
| 2025-12-02 | 44.63% |
| 2025-12-01 | 44.62% |
| 2025-11-28 | 44.62% |
| 2025-11-26 | 44.61% |
| 2025-11-25 | 44.63% |
| 2025-11-24 | 44.61% |
| 2025-11-21 | 44.62% |
| 2025-11-20 | 44.62% |
| 2025-11-19 | 44.62% |
| 2025-11-18 | 44.62% |
| 2025-11-17 | 44.61% |
| 2025-11-14 | 44.63% |
| 2025-11-13 | 44.61% |
| 2025-11-12 | 44.62% |
| 2025-11-11 | 44.62% |
| 2025-11-10 | 44.62% |
| 2025-11-07 | 44.63% |
| 2025-11-06 | 44.63% |
| 2025-11-05 | 44.63% |
| 2025-11-04 | 44.62% |
| 2025-11-03 | 44.62% |
| 2025-10-31 | 44.62% |
| 2025-10-30 | 44.63% |
| 2025-10-29 | 44.63% |
| 2025-10-28 | 45.56% |
| 2025-10-27 | 45.56% |
| 2025-10-24 | 45.55% |
| 2025-10-23 | 45.56% |
| 2025-10-22 | 45.55% |
| 2025-10-21 | 45.56% |
| 2025-10-20 | 45.56% |
| 2025-10-17 | 45.56% |
| 2025-10-16 | 45.56% |
| 2025-10-15 | 45.55% |
| 2025-10-14 | 45.56% |
| 2025-10-13 | 45.55% |
| 2025-10-10 | 56.71% |
| 2025-10-09 | 45.23% |
| 2025-10-08 | 45.23% |
| 2025-10-07 | 45.24% |
| 2025-10-06 | 45.24% |
| 2025-10-03 | 45.24% |
| 2025-10-02 | 45.23% |
| 2025-10-01 | 45.23% |
| 2025-09-30 | 45.23% |
| 2025-09-29 | 45.23% |
| 2025-09-26 | 45.24% |
| 2025-09-25 | 45.23% |
| 2025-09-24 | 45.24% |
| 2025-09-23 | 45.23% |
| 2025-09-22 | 45.24% |
| 2025-09-19 | 45.23% |
| 2025-09-18 | 45.23% |
| 2025-09-17 | 45.23% |
| 2025-09-16 | 45.24% |
| 2025-09-15 | 45.24% |
| 2025-09-12 | 45.24% |
| 2025-09-11 | 45.23% |
| 2025-09-10 | 45.24% |
| 2025-09-09 | 45.23% |
| 2025-09-08 | 45.23% |
| 2025-09-05 | 45.23% |
| 2025-09-04 | 45.23% |
| 2025-09-03 | 45.23% |
| 2025-09-02 | 45.24% |
| 2025-08-29 | 45.24% |
| 2025-08-28 | 45.23% |
| 2025-08-27 | 45.23% |
| 2025-08-26 | 45.24% |
| 2025-08-25 | 45.23% |
| 2025-08-22 | 45.23% |
| 2025-08-21 | 45.23% |
| 2025-08-20 | 45.23% |
| 2025-08-19 | 45.23% |
| 2025-08-18 | 45.24% |
| 2025-08-15 | 45.24% |
| 2025-08-14 | 45.23% |
| 2025-08-13 | 45.23% |
| 2025-08-12 | 45.23% |
| 2025-08-11 | 45.24% |
| 2025-08-08 | 45.24% |
| 2025-08-07 | 45.23% |
| 2025-08-06 | 45.23% |
| 2025-08-05 | 45.24% |
| 2025-08-04 | 45.24% |
| 2025-08-01 | 45.24% |
| 2025-07-31 | 45.24% |
| 2025-07-30 | 45.23% |
| 2025-07-29 | 44.38% |
| 2025-07-28 | 44.38% |
Showing the most recent 260 of 2,654 data points. The chart above shows the full history.
| 40.1% |
| 2019 | $5.63 | $1.93 | 34.3% |
| 2018 | $5.37 | $1.66 | 30.9% |
| 2017 | $4.41 | $1.45 | 32.9% |
| 2016 | $3.57 | $1.34 | 37.5% |
| 2015 | $3.65 | $1.24 | 34.0% |
| 2014 | $3.48 | $1.07 | 30.7% |
| 2013 | $3.11 | $0.89 | 28.6% |
| 2012 | $0.45 | $0.77 | 171.1% |
| 2011 | $2.34 | $0.66 | 28.2% |
| 2010 | $1.93 | $0.57 | 29.5% |
| 2009 | $1.41 | $0.48 | 34.0% |
| 2008 | $1.55 | $0.48 | 31.0% |
| 2007 | $1.92 | $0.46 | 24.0% |
| 2006 | $1.84 | $0.38 | 20.7% |
| 2005 | $1.43 | $0.32 | 22.4% |
| 2004 | $1.15 | $0.28 | 24.7% |
| 2003 | $0.85 | $0.25 | 29.3% |
| 2002 | $0.76 | $0.25 | 32.7% |
| 2001 | $0.48 | $0.25 | 51.9% |
| 2000 | $0.95 | $0.25 | 26.2% |
| 1999 | $0.82 | $0.25 | 30.4% |
| 1998 | $0.94 | $0.24 | 25.5% |
| 1997 | $0.89 | $0.21 | 24.0% |
| 1996 | $0.77 | $0.19 | 24.6% |
