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 58.39% is in line with its 5-year average of 55.42%, around the middle of its 5-year range (37.19%–71.69%).
As of Friday, September 4, 2026. 1.77% below its 12-month average of 59.44%.
Dividend Payout Ratio (58.39%) = TTM Dividends/Share ($6.44) / TTM EPS ($11.03)
DIVIDEND PAYOUT RATIO
58.39%
DIVIDEND PAYOUT RATIO AVG TTM
59.44%
DIVIDEND PAYOUT RATIO AVG 3Y
55.61%
DIVIDEND PAYOUT RATIO AVG 5Y
55.42%
DIVIDEND PAYOUT RATIO AVG 10Y
54.68%
DIVIDEND PAYOUT RATIO AVG 15Y
47.95%
DIVIDEND PAYOUT RATIO AVG 20Y
45.86%
CURRENT VS TTM AVG
-1.77%
CURRENT VS 3Y AVG
+4.99%
CURRENT VS 5Y AVG
+5.35%
CURRENT VS 10Y AVG
+6.78%
CURRENT VS 15Y AVG
+21.77%
CURRENT VS 20Y AVG
+27.31%
| Fiscal year end | EPS | Dividends (FY) | Payout Ratio |
|---|---|---|---|
| 2025-12-31 | $10.52 | $6.22 | 59.1% |
| 2024-12-31 | $11.75 | $5.80 | 49.4% |
| 2023-12-31 | $9.77 | $5.42 | 55.5% |
| 2022-12-31 | $9.80 | $5.06 | 51.6% |
| 2021-12-31 | $8.55 | $4.72 | 55.2% |
| 2020-12-31 | $6.66 |
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 |
|---|---|
| 2026-09-04 | 58.39% |
| 2026-09-03 | 58.39% |
| 2026-09-02 | 58.40% |
| 2026-09-01 | 58.39% |
| 2026-08-31 | 58.40% |
| 2026-08-28 | 58.38% |
| 2026-08-27 | 58.39% |
| 2026-08-26 | 58.38% |
| 2026-08-25 | 58.38% |
| 2026-08-24 | 58.38% |
| 2026-08-21 | 58.38% |
| 2026-08-20 | 58.38% |
| 2026-08-19 | 58.38% |
| 2026-08-18 | 58.39% |
| 2026-08-17 | 58.40% |
| 2026-08-14 | 58.40% |
| 2026-08-13 | 58.38% |
| 2026-08-12 | 58.39% |
| 2026-08-11 | 58.39% |
| 2026-08-10 | 58.38% |
| 2026-08-07 | 58.40% |
| 2026-08-06 | 58.39% |
| 2026-08-05 | 59.80% |
| 2026-08-04 | 59.80% |
| 2026-08-03 | 59.80% |
| 2026-07-31 | 59.79% |
| 2026-07-30 | 59.79% |
| 2026-07-29 | 59.79% |
| 2026-07-28 | 59.80% |
| 2026-07-27 | 59.81% |
| 2026-07-24 | 59.80% |
| 2026-07-23 | 59.79% |
| 2026-07-22 | 59.79% |
| 2026-07-21 | 59.79% |
| 2026-07-20 | 59.80% |
| 2026-07-17 | 59.79% |
| 2026-07-16 | 59.79% |
| 2026-07-15 | 59.79% |
| 2026-07-14 | 59.79% |
| 2026-07-13 | 59.80% |
| 2026-07-10 | 59.80% |
| 2026-07-09 | 59.80% |
| 2026-07-08 | 59.78% |
| 2026-07-07 | 59.79% |
| 2026-07-06 | 59.80% |
| 2026-07-02 | 59.81% |
| 2026-07-01 | 59.79% |
| 2026-06-30 | 59.79% |
| 2026-06-29 | 58.76% |
| 2026-06-26 | 58.78% |
| 2026-06-25 | 58.79% |
| 2026-06-24 | 58.77% |
| 2026-06-23 | 58.77% |
| 2026-06-22 | 58.76% |
| 2026-06-18 | 58.77% |
| 2026-06-17 | 58.78% |
| 2026-06-16 | 58.78% |
| 2026-06-15 | 58.76% |
| 2026-06-12 | 58.77% |
| 2026-06-11 | 58.78% |
| 2026-06-10 | 58.78% |
| 2026-06-09 | 58.77% |
| 2026-06-08 | 58.76% |
| 2026-06-05 | 58.79% |
| 2026-06-04 | 58.78% |
| 2026-06-03 | 58.78% |
| 2026-06-02 | 58.77% |
| 2026-06-01 | 58.77% |
| 2026-05-29 | 58.77% |
| 2026-05-28 | 58.78% |
| 2026-05-27 | 58.78% |
| 2026-05-26 | 58.77% |
| 2026-05-22 | 58.78% |
| 2026-05-21 | 58.78% |
| 2026-05-20 | 58.76% |
| 2026-05-19 | 58.78% |
| 2026-05-18 | 58.77% |
| 2026-05-15 | 58.78% |
| 2026-05-14 | 58.76% |
| 2026-05-13 | 58.77% |
| 2026-05-12 | 58.77% |
| 2026-05-11 | 58.78% |
| 2026-05-08 | 58.76% |
| 2026-05-07 | 58.78% |
| 2026-05-06 | 60.36% |
| 2026-05-05 | 60.35% |
| 2026-05-04 | 60.34% |
| 2026-05-01 | 60.33% |
| 2026-04-30 | 60.35% |
| 2026-04-29 | 60.35% |
| 2026-04-28 | 60.34% |
| 2026-04-27 | 60.33% |
| 2026-04-24 | 60.34% |
| 2026-04-23 | 60.35% |
| 2026-04-22 | 60.34% |
| 2026-04-21 | 60.35% |
| 2026-04-20 | 60.33% |
| 2026-04-17 | 60.33% |
| 2026-04-16 | 60.34% |
| 2026-04-15 | 60.33% |
| 2026-04-14 | 60.34% |
| 2026-04-13 | 60.35% |
| 2026-04-10 | 60.35% |
| 2026-04-09 | 60.34% |
| 2026-04-08 | 60.34% |
| 2026-04-07 | 60.33% |
| 2026-04-06 | 60.34% |
| 2026-04-02 | 60.33% |
| 2026-04-01 | 60.35% |
| 2026-03-31 | 60.34% |
| 2026-03-30 | 59.29% |
| 2026-03-27 | 59.28% |
| 2026-03-26 | 59.30% |
| 2026-03-25 | 59.29% |
| 2026-03-24 | 59.30% |
| 2026-03-23 | 59.30% |
| 2026-03-20 | 59.28% |
| 2026-03-19 | 59.28% |
| 2026-03-18 | 59.30% |
| 2026-03-17 | 59.29% |
| 2026-03-16 | 59.30% |
| 2026-03-13 | 59.29% |
| 2026-03-12 | 59.29% |
| 2026-03-11 | 59.29% |
| 2026-03-10 | 59.29% |
| 2026-03-09 | 59.30% |
| 2026-03-06 | 59.29% |
| 2026-03-05 | 59.29% |
| 2026-03-04 | 59.30% |
| 2026-03-03 | 59.29% |
| 2026-03-02 | 59.30% |
| 2026-02-27 | 59.30% |
| 2026-02-26 | 59.29% |
| 2026-02-25 | 59.29% |
| 2026-02-24 | 59.29% |
| 2026-02-23 | 59.29% |
| 2026-02-20 | 59.29% |
| 2026-02-19 | 59.30% |
| 2026-02-18 | 59.29% |
| 2026-02-17 | 59.29% |
| 2026-02-13 | 59.29% |
| 2026-02-12 | 60.32% |
| 2026-02-11 | 60.33% |
| 2026-02-10 | 60.33% |
| 2026-02-09 | 60.32% |
| 2026-02-06 | 60.32% |
| 2026-02-05 | 60.33% |
| 2026-02-04 | 60.33% |
| 2026-02-03 | 60.32% |
| 2026-02-02 | 60.34% |
| 2026-01-30 | 60.33% |
| 2026-01-29 | 60.34% |
| 2026-01-28 | 60.33% |
| 2026-01-27 | 60.33% |
| 2026-01-26 | 60.34% |
| 2026-01-23 | 60.33% |
| 2026-01-22 | 60.33% |
| 2026-01-21 | 60.32% |
| 2026-01-20 | 60.33% |
| 2026-01-16 | 60.32% |
| 2026-01-15 | 60.33% |
| 2026-01-14 | 60.33% |
| 2026-01-13 | 60.32% |
| 2026-01-12 | 60.33% |
| 2026-01-09 | 60.32% |
| 2026-01-08 | 60.33% |
| 2026-01-07 | 60.34% |
| 2026-01-06 | 60.33% |
| 2026-01-05 | 60.33% |
| 2026-01-02 | 60.33% |
| 2025-12-31 | 60.33% |
| 2025-12-30 | 59.26% |
| 2025-12-29 | 59.25% |
| 2025-12-26 | 59.27% |
| 2025-12-24 | 59.27% |
| 2025-12-23 | 59.27% |
| 2025-12-22 | 59.26% |
| 2025-12-19 | 59.26% |
| 2025-12-18 | 59.26% |
| 2025-12-17 | 59.26% |
| 2025-12-16 | 59.26% |
| 2025-12-15 | 59.27% |
| 2025-12-12 | 59.27% |
| 2025-12-11 | 59.27% |
| 2025-12-10 | 59.26% |
| 2025-12-09 | 59.26% |
| 2025-12-08 | 59.27% |
| 2025-12-05 | 59.26% |
| 2025-12-04 | 59.27% |
| 2025-12-03 | 59.26% |
| 2025-12-02 | 59.26% |
| 2025-12-01 | 59.25% |
| 2025-11-28 | 59.27% |
| 2025-11-26 | 59.26% |
| 2025-11-25 | 59.27% |
| 2025-11-24 | 59.25% |
| 2025-11-21 | 59.26% |
| 2025-11-20 | 59.28% |
| 2025-11-19 | 59.26% |
| 2025-11-18 | 59.27% |
| 2025-11-17 | 59.28% |
| 2025-11-14 | 59.25% |
| 2025-11-13 | 59.26% |
| 2025-11-12 | 59.28% |
| 2025-11-11 | 59.27% |
| 2025-11-10 | 59.26% |
| 2025-11-07 | 59.26% |
| 2025-11-06 | 59.27% |
| 2025-11-05 | 59.26% |
| 2025-11-04 | 59.27% |
| 2025-11-03 | 59.26% |
| 2025-10-31 | 59.27% |
| 2025-10-30 | 59.26% |
| 2025-10-29 | 59.27% |
| 2025-10-28 | 59.27% |
| 2025-10-27 | 59.27% |
| 2025-10-24 | 59.27% |
| 2025-10-23 | 53.54% |
| 2025-10-22 | 53.55% |
| 2025-10-21 | 53.56% |
| 2025-10-20 | 53.55% |
| 2025-10-17 | 53.56% |
| 2025-10-16 | 53.54% |
| 2025-10-15 | 53.55% |
| 2025-10-14 | 53.54% |
| 2025-10-13 | 53.56% |
| 2025-10-10 | 53.56% |
| 2025-10-09 | 53.55% |
| 2025-10-08 | 53.55% |
| 2025-10-07 | 53.54% |
| 2025-10-06 | 53.54% |
| 2025-10-03 | 53.56% |
| 2025-10-02 | 53.55% |
| 2025-10-01 | 53.55% |
| 2025-09-30 | 53.54% |
| 2025-09-29 | 52.59% |
| 2025-09-26 | 52.59% |
| 2025-09-25 | 52.58% |
| 2025-09-24 | 52.59% |
| 2025-09-23 | 52.58% |
| 2025-09-22 | 52.60% |
| 2025-09-19 | 52.59% |
| 2025-09-18 | 52.58% |
| 2025-09-17 | 52.58% |
| 2025-09-16 | 52.59% |
| 2025-09-15 | 52.59% |
| 2025-09-12 | 52.58% |
| 2025-09-11 | 52.60% |
| 2025-09-10 | 52.58% |
| 2025-09-09 | 52.59% |
| 2025-09-08 | 52.58% |
| 2025-09-05 | 52.58% |
| 2025-09-04 | 52.58% |
| 2025-09-03 | 52.59% |
| 2025-09-02 | 52.60% |
| 2025-08-29 | 52.58% |
| 2025-08-28 | 52.58% |
| 2025-08-27 | 52.60% |
| 2025-08-26 | 52.58% |
| 2025-08-25 | 52.59% |
Showing the most recent 260 of 2,655 data points. The chart above shows the full history.
| $4.42 |
| 66.4% |
| 2019-12-31 | $7.78 | $4.14 | 53.2% |
| 2018-12-31 | $7.65 | $3.56 | 46.5% |
| 2017-12-31 | $4.90 | $2.86 | 58.4% |
| 2016-12-31 | $5.73 | $2.40 | 41.9% |
| 2015-12-31 | $5.16 | $2.07 | 40.1% |
| 2014-12-31 | $7.33 | $1.81 | 24.7% |
| 2013-12-31 | $3.76 | $1.60 | 42.6% |
| 2012-12-31 | $6.11 | $1.48 | 24.2% |
| 2011-12-31 | $4.21 | $1.40 | 33.3% |
| 2010-12-31 | $3.00 | $1.30 | 43.3% |
| 2009-12-31 | $1.89 | $1.24 | 65.6% |
| 2008-12-31 | $2.93 | $1.18 | 40.3% |
| 2007-12-31 | $3.39 | $0.98 | 28.9% |
| 2006-12-31 | $3.04 | $0.91 | 30.1% |
| 2005-12-31 | $1.31 | $0.61 | 46.6% |
| 2004-12-31 | $1.11 | $0.52 | 46.8% |
| 2003-12-31 | $1.67 | $0.47 | 28.1% |
| 2002-12-31 | $1.17 | $0.45 | 38.0% |
| 2001-12-31 | $1.33 | $0.42 | 31.6% |
| 2000-12-31 | $1.59 | $0.38 | 23.9% |
| 1999-12-31 | $1.40 | $0.33 | 23.6% |
| 1998-12-31 | $1.62 | $0.27 | 16.7% |
| 1997-12-31 | $0.58 | $0.23 | 39.2% |
| 1996-12-31 | $0.25 | $0.18 | 72.0% |