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 41.17% is 15% below its 5-year average of 48.51%, near the low end of its 5-year range (33.05%–78.48%).
As of Thursday, July 30, 2026. 10.54% below its 12-month average of 46.02%.
Dividend Payout Ratio (41.17%) = TTM Dividends/Share ($1.12) / TTM EPS ($2.72)
DIVIDEND PAYOUT RATIO
41.17%
DIVIDEND PAYOUT RATIO AVG TTM
46.02%
DIVIDEND PAYOUT RATIO AVG 3Y
48.76%
DIVIDEND PAYOUT RATIO AVG 5Y
48.51%
DIVIDEND PAYOUT RATIO AVG 10Y
54.88%
DIVIDEND PAYOUT RATIO AVG 15Y
51.70%
DIVIDEND PAYOUT RATIO AVG 20Y
48.71%
CURRENT VS TTM AVG
-10.54%
CURRENT VS 3Y AVG
-15.57%
CURRENT VS 5Y AVG
-15.13%
CURRENT VS 10Y AVG
-24.98%
CURRENT VS 15Y AVG
-20.37%
CURRENT VS 20Y AVG
-15.48%
| Year | EPS | Dividend | Payout Ratio |
|---|---|---|---|
| 2025 | $2.56 | $1.12 | 43.8% |
| 2024 | $1.86 | $1.12 | 60.2% |
| 2023 | $2.42 | $1.12 | 46.3% |
| 2022 | $2.95 | $1.09 | 36.9% |
| 2021 | $2.48 | $1.08 | 43.5% |
| 2020 | $1.37 | $1.08 |
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 |
|---|---|
| 2026-07-30 | 41.17% |
| 2026-07-29 | 41.17% |
| 2026-07-28 | 41.18% |
| 2026-07-27 | 41.18% |
| 2026-07-24 | 41.17% |
| 2026-07-23 | 41.18% |
| 2026-07-22 | 41.32% |
| 2026-07-21 | 41.32% |
| 2026-07-20 | 41.31% |
| 2026-07-17 | 41.34% |
| 2026-07-16 | 41.34% |
| 2026-07-15 | 41.34% |
| 2026-07-14 | 41.33% |
| 2026-07-13 | 41.33% |
| 2026-07-10 | 41.34% |
| 2026-07-09 | 41.33% |
| 2026-07-08 | 41.32% |
| 2026-07-07 | 41.33% |
| 2026-07-06 | 41.33% |
| 2026-07-02 | 41.33% |
| 2026-07-01 | 41.32% |
| 2026-06-30 | 41.34% |
| 2026-06-29 | 41.32% |
| 2026-06-26 | 41.34% |
| 2026-06-25 | 41.31% |
| 2026-06-24 | 41.33% |
| 2026-06-23 | 41.34% |
| 2026-06-22 | 41.33% |
| 2026-06-18 | 41.32% |
| 2026-06-17 | 41.32% |
| 2026-06-16 | 41.33% |
| 2026-06-15 | 41.33% |
| 2026-06-12 | 41.34% |
| 2026-06-11 | 41.34% |
| 2026-06-10 | 41.34% |
| 2026-06-09 | 41.32% |
| 2026-06-08 | 41.33% |
| 2026-06-05 | 41.32% |
| 2026-06-04 | 41.32% |
| 2026-06-03 | 41.34% |
| 2026-06-02 | 41.32% |
| 2026-06-01 | 41.33% |
| 2026-05-29 | 41.33% |
| 2026-05-28 | 41.33% |
| 2026-05-27 | 41.33% |
| 2026-05-26 | 41.34% |
| 2026-05-22 | 41.32% |
| 2026-05-21 | 41.33% |
| 2026-05-20 | 41.33% |
| 2026-05-19 | 41.33% |
| 2026-05-18 | 41.32% |
| 2026-05-15 | 41.33% |
| 2026-05-14 | 41.33% |
| 2026-05-13 | 41.33% |
| 2026-05-12 | 41.33% |
| 2026-05-11 | 41.32% |
| 2026-05-08 | 41.32% |
| 2026-05-07 | 41.33% |
| 2026-05-06 | 41.34% |
| 2026-05-05 | 43.74% |
| 2026-05-04 | 43.74% |
| 2026-05-01 | 43.75% |
| 2026-04-30 | 43.75% |
| 2026-04-29 | 43.75% |
| 2026-04-28 | 43.74% |
| 2026-04-27 | 43.75% |
| 2026-04-24 | 43.75% |
| 2026-04-23 | 43.76% |
| 2026-04-22 | 43.74% |
| 2026-04-21 | 43.75% |
| 2026-04-20 | 43.75% |
| 2026-04-17 | 43.75% |
| 2026-04-16 | 43.76% |
| 2026-04-15 | 43.75% |
| 2026-04-14 | 43.75% |
| 2026-04-13 | 43.76% |
| 2026-04-10 | 43.74% |
| 2026-04-09 | 43.75% |
| 2026-04-08 | 43.76% |
| 2026-04-07 | 43.75% |
| 2026-04-06 | 43.75% |
| 2026-04-02 | 43.74% |
| 2026-04-01 | 43.76% |
| 2026-03-31 | 43.75% |
| 2026-03-30 | 43.75% |
| 2026-03-27 | 43.75% |
| 2026-03-26 | 43.76% |
| 2026-03-25 | 43.75% |
| 2026-03-24 | 43.75% |
| 2026-03-23 | 43.75% |
| 2026-03-20 | 43.74% |
| 2026-03-19 | 43.74% |
| 2026-03-18 | 43.75% |
| 2026-03-17 | 43.74% |
| 2026-03-16 | 43.76% |
| 2026-03-13 | 43.75% |
| 2026-03-12 | 45.52% |
| 2026-03-11 | 45.53% |
| 2026-03-10 | 45.52% |
| 2026-03-09 | 45.53% |
| 2026-03-06 | 45.52% |
| 2026-03-05 | 45.54% |
| 2026-03-04 | 45.53% |
| 2026-03-03 | 45.52% |
| 2026-03-02 | 45.52% |
| 2026-02-27 | 45.52% |
| 2026-02-26 | 45.54% |
| 2026-02-25 | 45.52% |
| 2026-02-24 | 45.54% |
| 2026-02-23 | 45.53% |
| 2026-02-20 | 45.53% |
| 2026-02-19 | 45.53% |
| 2026-02-18 | 45.53% |
| 2026-02-17 | 45.52% |
| 2026-02-13 | 45.52% |
| 2026-02-12 | 45.54% |
| 2026-02-11 | 45.52% |
| 2026-02-10 | 45.53% |
| 2026-02-09 | 45.52% |
| 2026-02-06 | 45.52% |
| 2026-02-05 | 45.52% |
| 2026-02-04 | 45.54% |
| 2026-02-03 | 45.53% |
| 2026-02-02 | 45.54% |
| 2026-01-30 | 45.54% |
| 2026-01-29 | 45.52% |
| 2026-01-28 | 45.53% |
| 2026-01-27 | 45.53% |
| 2026-01-26 | 45.53% |
| 2026-01-23 | 45.53% |
| 2026-01-22 | 45.53% |
| 2026-01-21 | 45.53% |
| 2026-01-20 | 45.53% |
| 2026-01-16 | 45.54% |
| 2026-01-15 | 45.54% |
| 2026-01-14 | 45.53% |
| 2026-01-13 | 45.53% |
| 2026-01-12 | 45.52% |
| 2026-01-09 | 45.54% |
| 2026-01-08 | 45.53% |
| 2026-01-07 | 45.53% |
| 2026-01-06 | 45.52% |
| 2026-01-05 | 45.54% |
| 2026-01-02 | 45.53% |
| 2025-12-31 | 45.54% |
| 2025-12-30 | 45.53% |
| 2025-12-29 | 45.52% |
| 2025-12-26 | 45.53% |
| 2025-12-24 | 45.54% |
| 2025-12-23 | 45.54% |
| 2025-12-22 | 45.54% |
| 2025-12-19 | 45.53% |
| 2025-12-18 | 45.53% |
| 2025-12-17 | 45.53% |
| 2025-12-16 | 34.14% |
| 2025-12-15 | 45.53% |
| 2025-12-12 | 45.52% |
| 2025-12-11 | 45.54% |
| 2025-12-10 | 45.54% |
| 2025-12-09 | 45.52% |
| 2025-12-08 | 45.52% |
| 2025-12-05 | 45.53% |
| 2025-12-04 | 45.53% |
| 2025-12-03 | 45.54% |
| 2025-12-02 | 45.53% |
| 2025-12-01 | 45.52% |
| 2025-11-28 | 45.52% |
| 2025-11-26 | 45.53% |
| 2025-11-25 | 45.53% |
| 2025-11-24 | 45.54% |
| 2025-11-21 | 45.53% |
| 2025-11-20 | 45.54% |
| 2025-11-19 | 45.52% |
| 2025-11-18 | 45.53% |
| 2025-11-17 | 45.54% |
| 2025-11-14 | 45.52% |
| 2025-11-13 | 45.52% |
| 2025-11-12 | 45.54% |
| 2025-11-11 | 45.52% |
| 2025-11-10 | 45.52% |
| 2025-11-07 | 51.15% |
| 2025-11-06 | 51.15% |
| 2025-11-05 | 51.15% |
| 2025-11-04 | 51.13% |
| 2025-11-03 | 51.14% |
| 2025-10-31 | 51.14% |
| 2025-10-30 | 51.14% |
| 2025-10-29 | 51.15% |
| 2025-10-28 | 51.14% |
| 2025-10-27 | 51.15% |
| 2025-10-24 | 51.13% |
| 2025-10-23 | 51.14% |
| 2025-10-22 | 51.13% |
| 2025-10-21 | 51.15% |
| 2025-10-20 | 51.13% |
| 2025-10-17 | 51.15% |
| 2025-10-16 | 51.15% |
| 2025-10-15 | 51.14% |
| 2025-10-14 | 51.14% |
| 2025-10-13 | 51.15% |
| 2025-10-10 | 51.14% |
| 2025-10-09 | 51.15% |
| 2025-10-08 | 51.13% |
| 2025-10-07 | 51.16% |
| 2025-10-06 | 51.14% |
| 2025-10-03 | 51.15% |
| 2025-10-02 | 51.14% |
| 2025-10-01 | 51.15% |
| 2025-09-30 | 51.15% |
| 2025-09-29 | 51.13% |
| 2025-09-26 | 51.14% |
| 2025-09-25 | 51.14% |
| 2025-09-24 | 51.13% |
| 2025-09-23 | 51.13% |
| 2025-09-22 | 51.13% |
| 2025-09-19 | 51.14% |
| 2025-09-18 | 51.13% |
| 2025-09-17 | 51.16% |
| 2025-09-16 | 51.14% |
| 2025-09-15 | 51.13% |
| 2025-09-12 | 51.13% |
| 2025-09-11 | 51.13% |
| 2025-09-10 | 51.15% |
| 2025-09-09 | 51.14% |
| 2025-09-08 | 51.15% |
| 2025-09-05 | 51.15% |
| 2025-09-04 | 51.14% |
| 2025-09-03 | 51.13% |
| 2025-09-02 | 51.15% |
| 2025-08-29 | 51.13% |
| 2025-08-28 | 51.16% |
| 2025-08-27 | 51.16% |
| 2025-08-26 | 51.16% |
| 2025-08-25 | 51.14% |
| 2025-08-22 | 51.16% |
| 2025-08-21 | 51.14% |
| 2025-08-20 | 51.14% |
| 2025-08-19 | 51.14% |
| 2025-08-18 | 51.14% |
| 2025-08-15 | 51.14% |
| 2025-08-14 | 51.14% |
| 2025-08-13 | 51.13% |
| 2025-08-12 | 51.14% |
| 2025-08-11 | 51.14% |
| 2025-08-08 | 56.85% |
| 2025-08-07 | 56.87% |
| 2025-08-06 | 56.85% |
| 2025-08-05 | 56.86% |
| 2025-08-04 | 56.85% |
| 2025-08-01 | 56.85% |
| 2025-07-31 | 56.84% |
| 2025-07-30 | 56.86% |
| 2025-07-29 | 56.86% |
| 2025-07-28 | 56.85% |
| 2025-07-25 | 56.85% |
| 2025-07-24 | 56.86% |
| 2025-07-23 | 56.87% |
| 2025-07-22 | 56.86% |
| 2025-07-21 | 56.86% |
| 2025-07-18 | 56.84% |
Showing the most recent 260 of 2,516 data points. The chart above shows the full history.
| 78.8% |
| 2019 | $1.65 | $1.05 | 63.6% |
| 2018 | $1.78 | $1.04 | 58.4% |
| 2017 | $1.69 | $1.02 | 60.4% |
| 2016 | $1.77 | $0.98 | 55.4% |
| 2015 | $1.95 | $0.94 | 48.2% |
| 2014 | $1.77 | $0.89 | 50.3% |
| 2013 | $1.63 | $0.84 | 51.5% |
| 2012 | $1.61 | $0.80 | 49.7% |
| 2011 | $1.35 | $0.76 | 56.3% |
| 2010 | $1.20 | $0.72 | 60.0% |
| 2009 | $1.04 | $0.70 | 67.3% |
| 2008 | $0.55 | $0.41 | 74.5% |
| 2007 | $1.14 | $0.25 | 21.9% |
| 2006 | $1.02 | $0.00 | 0.0% |
| 2005 | $1.04 | $0.00 | 0.0% |
| 2004 | $1.02 | $0.00 | 0.0% |
| 2003 | $1.24 | $0.00 | 0.0% |
| 2002 | $1.10 | $0.00 | 0.0% |
| 2001 | $1.07 | $0.00 | 0.0% |
| 2000 | $0.96 | $0.00 | 0.0% |
| 1999 | $1.04 | $0.26 | 25.1% |
| 1998 | $0.29 | $0.00 | 0.0% |
| 1997 | $0.95 | $0.00 | 0.0% |
| 1996 | $0.89 | $0.00 | 0.0% |
