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 6.47% is 83% below its 5-year average of 37.17%, near the low end of its 5-year range (3.85%–104.86%).
As of Monday, October 5, 2026. 8.03% below its 12-month average of 7.03%.
Dividend Payout Ratio (6.47%) = TTM Dividends/Share ($1.38) / TTM EPS ($21.34)
Trailing-12-month dividend payout ratio; raw quarterly payout is intentionally not charted. Historical series through 2026-10-05.
DIVIDEND PAYOUT RATIO
6.47%
DIVIDEND PAYOUT RATIO AVG TTM
7.03%
DIVIDEND PAYOUT RATIO AVG 3Y
44.64%
DIVIDEND PAYOUT RATIO AVG 5Y
37.17%
DIVIDEND PAYOUT RATIO AVG 10Y
45.16%
DIVIDEND PAYOUT RATIO AVG 15Y
33.07%
DIVIDEND PAYOUT RATIO AVG 20Y
28.26%
CURRENT VS TTM AVG
-8.03%
CURRENT VS 3Y AVG
-85.51%
CURRENT VS 5Y AVG
-82.60%
CURRENT VS 10Y AVG
-85.68%
CURRENT VS 15Y AVG
-80.44%
CURRENT VS 20Y AVG
-77.12%
| Fiscal year end | EPS | Dividends (FY) | Payout Ratio |
|---|---|---|---|
| 2025-12-31 | $18.64 | $1.38 | 7.4% |
| 2024-12-31 | $16.48 | $15.84 | 96.1% |
| 2023-12-31 | $11.46 | $5.84 | 51.0% |
| 2022-12-31 | $12.60 | $4.84 | 38.4% |
| 2021-12-31 | $35.39 | $1.36 | 3.8% |
| 2020-12-31 | $20.84 |
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 | 6.47% |
| 2026-10-02 | 6.47% |
| 2026-10-01 | 6.47% |
| 2026-09-30 | 6.47% |
| 2026-09-29 | 6.47% |
| 2026-09-28 | 6.47% |
| 2026-09-25 | 6.47% |
| 2026-09-24 | 6.47% |
| 2026-09-23 | 6.47% |
| 2026-09-22 | 6.47% |
| 2026-09-21 | 6.47% |
| 2026-09-18 | 6.47% |
| 2026-09-17 | 6.47% |
| 2026-09-16 | 6.47% |
| 2026-09-15 | 6.47% |
| 2026-09-14 | 6.47% |
| 2026-09-11 | 6.47% |
| 2026-09-10 | 6.47% |
| 2026-09-09 | 6.47% |
| 2026-09-08 | 6.47% |
| 2026-09-04 | 6.47% |
| 2026-09-03 | 6.47% |
| 2026-09-02 | 6.47% |
| 2026-09-01 | 8.63% |
| 2026-08-31 | 6.47% |
| 2026-08-28 | 6.47% |
| 2026-08-27 | 6.47% |
| 2026-08-26 | 6.47% |
| 2026-08-25 | 6.47% |
| 2026-08-24 | 6.47% |
| 2026-08-21 | 6.47% |
| 2026-08-20 | 6.47% |
| 2026-08-19 | 6.47% |
| 2026-08-18 | 6.47% |
| 2026-08-17 | 6.47% |
| 2026-08-14 | 6.47% |
| 2026-08-13 | 6.47% |
| 2026-08-12 | 6.47% |
| 2026-08-11 | 6.47% |
| 2026-08-10 | 6.87% |
| 2026-08-07 | 6.87% |
| 2026-08-06 | 6.87% |
| 2026-08-05 | 6.87% |
| 2026-08-04 | 6.87% |
| 2026-08-03 | 6.87% |
| 2026-07-31 | 6.87% |
| 2026-07-30 | 6.87% |
| 2026-07-29 | 6.87% |
| 2026-07-28 | 6.87% |
| 2026-07-27 | 6.87% |
| 2026-07-24 | 6.87% |
| 2026-07-23 | 6.87% |
| 2026-07-22 | 6.87% |
| 2026-07-21 | 6.87% |
| 2026-07-20 | 6.87% |
| 2026-07-17 | 6.87% |
| 2026-07-16 | 6.87% |
| 2026-07-15 | 6.87% |
| 2026-07-14 | 6.87% |
| 2026-07-13 | 6.87% |
| 2026-07-10 | 6.87% |
| 2026-07-09 | 6.87% |
| 2026-07-08 | 6.87% |
| 2026-07-07 | 6.87% |
| 2026-07-06 | 6.87% |
| 2026-07-02 | 6.87% |
| 2026-07-01 | 6.87% |
| 2026-06-30 | 6.87% |
| 2026-06-29 | 6.87% |
| 2026-06-26 | 6.87% |
| 2026-06-25 | 6.87% |
| 2026-06-24 | 6.87% |
| 2026-06-23 | 6.87% |
| 2026-06-22 | 6.87% |
| 2026-06-18 | 6.87% |
| 2026-06-17 | 6.87% |
| 2026-06-16 | 6.87% |
| 2026-06-15 | 6.87% |
| 2026-06-12 | 6.87% |
| 2026-06-11 | 6.87% |
| 2026-06-10 | 6.87% |
| 2026-06-09 | 6.87% |
| 2026-06-08 | 6.87% |
| 2026-06-05 | 6.87% |
| 2026-06-04 | 6.87% |
| 2026-06-03 | 6.87% |
| 2026-06-02 | 6.87% |
| 2026-06-01 | 6.87% |
| 2026-05-29 | 6.87% |
| 2026-05-28 | 6.87% |
| 2026-05-27 | 6.87% |
| 2026-05-26 | 6.87% |
| 2026-05-22 | 6.87% |
| 2026-05-21 | 6.87% |
| 2026-05-20 | 6.87% |
| 2026-05-19 | 6.87% |
| 2026-05-18 | 6.87% |
| 2026-05-15 | 6.87% |
| 2026-05-14 | 6.87% |
| 2026-05-13 | 6.87% |
| 2026-05-12 | 6.87% |
| 2026-05-11 | 7.44% |
| 2026-05-08 | 7.44% |
| 2026-05-07 | 7.43% |
| 2026-05-06 | 7.44% |
| 2026-05-05 | 7.43% |
| 2026-05-04 | 7.44% |
| 2026-05-01 | 7.43% |
| 2026-04-30 | 7.44% |
| 2026-04-29 | 7.44% |
| 2026-04-28 | 7.43% |
| 2026-04-27 | 7.43% |
| 2026-04-24 | 7.43% |
| 2026-04-23 | 7.43% |
| 2026-04-22 | 7.44% |
| 2026-04-21 | 7.44% |
| 2026-04-20 | 7.43% |
| 2026-04-17 | 7.44% |
| 2026-04-16 | 7.43% |
| 2026-04-15 | 7.43% |
| 2026-04-14 | 7.43% |
| 2026-04-13 | 7.43% |
| 2026-04-10 | 7.43% |
| 2026-04-09 | 7.43% |
| 2026-04-08 | 7.43% |
| 2026-04-07 | 7.43% |
| 2026-04-06 | 7.44% |
| 2026-04-02 | 7.44% |
| 2026-04-01 | 7.43% |
| 2026-03-31 | 7.44% |
| 2026-03-30 | 7.43% |
| 2026-03-27 | 7.43% |
| 2026-03-26 | 7.43% |
| 2026-03-25 | 7.43% |
| 2026-03-24 | 7.44% |
| 2026-03-23 | 9.91% |
| 2026-03-20 | 7.43% |
| 2026-03-19 | 7.44% |
| 2026-03-18 | 7.43% |
| 2026-03-17 | 7.43% |
| 2026-03-16 | 7.26% |
| 2026-03-13 | 7.26% |
| 2026-03-12 | 7.26% |
| 2026-03-11 | 7.26% |
| 2026-03-10 | 7.26% |
| 2026-03-09 | 7.26% |
| 2026-03-06 | 7.26% |
| 2026-03-05 | 7.26% |
| 2026-03-04 | 7.26% |
| 2026-03-03 | 7.26% |
| 2026-03-02 | 7.26% |
| 2026-02-27 | 7.26% |
| 2026-02-26 | 7.26% |
| 2026-02-25 | 7.26% |
| 2026-02-24 | 7.26% |
| 2026-02-23 | 7.26% |
| 2026-02-20 | 7.26% |
| 2026-02-19 | 7.26% |
| 2026-02-18 | 7.26% |
| 2026-02-17 | 7.26% |
| 2026-02-13 | 7.26% |
| 2026-02-12 | 7.26% |
| 2026-02-11 | 7.26% |
| 2026-02-10 | 7.26% |
| 2026-02-09 | 7.26% |
| 2026-02-06 | 7.26% |
| 2026-02-05 | 7.26% |
| 2026-02-04 | 7.26% |
| 2026-02-03 | 7.26% |
| 2026-02-02 | 7.26% |
| 2026-01-30 | 7.26% |
| 2026-01-29 | 7.26% |
| 2026-01-28 | 7.26% |
| 2026-01-27 | 7.26% |
| 2026-01-26 | 7.26% |
| 2026-01-23 | 7.26% |
| 2026-01-22 | 7.26% |
| 2026-01-21 | 7.26% |
| 2026-01-20 | 7.26% |
| 2026-01-16 | 7.26% |
| 2026-01-15 | 7.26% |
| 2026-01-14 | 7.26% |
| 2026-01-13 | 7.26% |
| 2026-01-12 | 7.26% |
| 2026-01-09 | 7.26% |
| 2026-01-08 | 7.26% |
| 2026-01-07 | 7.26% |
| 2026-01-06 | 7.26% |
| 2026-01-05 | 7.26% |
| 2026-01-02 | 7.26% |
| 2025-12-31 | 7.26% |
| 2025-12-30 | 7.26% |
| 2025-12-29 | 7.26% |
| 2025-12-26 | 7.26% |
| 2025-12-24 | 7.26% |
| 2025-12-23 | 7.26% |
| 2025-12-22 | 7.26% |
| 2025-12-19 | 7.26% |
| 2025-12-18 | 7.26% |
| 2025-12-17 | 7.26% |
| 2025-12-16 | 7.26% |
| 2025-12-15 | 7.26% |
| 2025-12-12 | 7.26% |
| 2025-12-11 | 7.26% |
| 2025-12-10 | 7.26% |
| 2025-12-09 | 7.26% |
| 2025-12-08 | 7.26% |
| 2025-12-05 | 7.26% |
| 2025-12-04 | 7.26% |
| 2025-12-03 | 7.26% |
| 2025-12-02 | 7.26% |
| 2025-12-01 | 83.34% |
| 2025-11-28 | 83.31% |
| 2025-11-26 | 83.35% |
| 2025-11-25 | 83.31% |
| 2025-11-24 | 83.35% |
| 2025-11-21 | 83.33% |
| 2025-11-20 | 83.32% |
| 2025-11-19 | 83.32% |
| 2025-11-18 | 83.34% |
| 2025-11-17 | 83.32% |
| 2025-11-14 | 83.31% |
| 2025-11-13 | 83.33% |
| 2025-11-12 | 83.34% |
| 2025-11-11 | 83.30% |
| 2025-11-10 | 83.30% |
| 2025-11-07 | 90.51% |
| 2025-11-06 | 90.53% |
| 2025-11-05 | 90.54% |
| 2025-11-04 | 90.51% |
| 2025-11-03 | 90.50% |
| 2025-10-31 | 90.54% |
| 2025-10-30 | 90.49% |
| 2025-10-29 | 90.49% |
| 2025-10-28 | 90.52% |
| 2025-10-27 | 90.52% |
| 2025-10-24 | 90.49% |
| 2025-10-23 | 90.54% |
| 2025-10-22 | 90.50% |
| 2025-10-21 | 90.53% |
| 2025-10-20 | 90.49% |
| 2025-10-17 | 90.51% |
| 2025-10-16 | 90.54% |
| 2025-10-15 | 90.51% |
| 2025-10-14 | 90.51% |
| 2025-10-13 | 90.54% |
| 2025-10-10 | 90.52% |
| 2025-10-09 | 90.53% |
| 2025-10-08 | 90.52% |
| 2025-10-07 | 90.52% |
| 2025-10-06 | 90.52% |
| 2025-10-03 | 90.49% |
| 2025-10-02 | 90.52% |
| 2025-10-01 | 90.49% |
| 2025-09-30 | 90.49% |
| 2025-09-29 | 90.51% |
| 2025-09-26 | 90.54% |
| 2025-09-25 | 90.49% |
| 2025-09-24 | 90.50% |
| 2025-09-23 | 90.49% |
Showing the most recent 260 of 2,603 data points. The chart above shows the full history.
| $16.76 |
| 80.4% |
| 2019-12-31 | $16.66 | $9.60 | 57.6% |
| 2018-12-31 | $11.58 | $12.20 | 105.4% |
| 2017-12-31 | $13.63 | $3.75 | 27.5% |
| 2016-12-31 | $10.23 | $0.72 | 7.0% |
| 2015-12-31 | $6.32 | $0.40 | 6.3% |
| 2014-12-31 | $4.75 | $0.32 | 6.7% |
| 2013-12-31 | $7.15 | $0.32 | 4.5% |
| 2012-12-31 | $5.33 | $0.29 | 5.4% |
| 2011-12-31 | $3.22 | $0.28 | 8.7% |
| 2010-12-31 | $2.79 | $0.28 | 10.0% |
| 2009-12-31 | $2.11 | $0.28 | 13.3% |
| 2008-12-31 | ($0.50) | $0.28 | N/A (Loss) |
| 2007-12-31 | $3.39 | $0.24 | 7.1% |
| 2006-12-31 | $5.22 | $0.24 | 4.6% |
| 2005-12-31 | $5.19 | $0.16 | 3.1% |
| 2004-12-31 | $4.29 | $0.15 | 3.5% |
| 2003-12-31 | $4.38 | $0.12 | 2.7% |
| 2002-12-31 | $3.22 | $0.12 | 3.7% |
| 2001-12-31 | $2.35 | $0.12 | 5.1% |
| 2000-12-31 | $1.21 | $0.12 | 9.9% |
| 1999-12-31 | $1.59 | $0.12 | 7.5% |
| 1998-12-31 | $1.95 | $0.12 | 6.2% |
| 1997-12-31 | $1.63 | $0.12 | 7.4% |
| 1996-12-31 | $1.39 | $0.10 | 6.8% |
