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 41.85% is 51% above its 5-year average of 27.71%, near the high end of its 5-year range (13.45%–52.99%).
As of Monday, August 3, 2026. 10.54% above its 12-month average of 37.86%.
Dividend Payout Ratio (41.85%) = TTM Dividends/Share ($1.36) / TTM EPS ($3.25)
DIVIDEND PAYOUT RATIO
41.85%
DIVIDEND PAYOUT RATIO AVG TTM
37.86%
DIVIDEND PAYOUT RATIO AVG 3Y
29.49%
DIVIDEND PAYOUT RATIO AVG 5Y
27.71%
DIVIDEND PAYOUT RATIO AVG 10Y
23.32%
DIVIDEND PAYOUT RATIO AVG 15Y
N/A
DIVIDEND PAYOUT RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+10.54%
CURRENT VS 3Y AVG
+41.89%
CURRENT VS 5Y AVG
+51.00%
CURRENT VS 10Y AVG
+79.43%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
| Year | EPS | Dividend | Payout Ratio |
|---|---|---|---|
| 2025 | $2.39 | $1.28 | 53.6% |
| 2024 | $6.35 | $1.11 | 17.5% |
| 2023 | $5.32 | $1.00 | 18.7% |
| 2022 | $5.01 | $0.92 | 18.4% |
| 2021 | $3.15 | $0.77 | 24.5% |
| 2020 | $2.90 | $0.70 |
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 |
|---|---|
| 2026-07-31 | 41.85% |
| 2026-07-30 | 41.85% |
| 2026-07-29 | 41.85% |
| 2026-07-28 | 41.84% |
| 2026-07-27 | 41.85% |
| 2026-07-24 | 41.84% |
| 2026-07-23 | 41.85% |
| 2026-07-22 | 41.84% |
| 2026-07-21 | 41.85% |
| 2026-07-20 | 41.84% |
| 2026-07-17 | 41.85% |
| 2026-07-16 | 41.85% |
| 2026-07-15 | 41.85% |
| 2026-07-14 | 41.84% |
| 2026-07-13 | 41.85% |
| 2026-07-10 | 41.85% |
| 2026-07-09 | 41.85% |
| 2026-07-08 | 41.85% |
| 2026-07-07 | 41.85% |
| 2026-07-06 | 41.85% |
| 2026-07-02 | 41.85% |
| 2026-07-01 | 41.85% |
| 2026-06-30 | 41.85% |
| 2026-06-29 | 41.85% |
| 2026-06-26 | 41.84% |
| 2026-06-25 | 41.84% |
| 2026-06-24 | 41.85% |
| 2026-06-23 | 41.85% |
| 2026-06-22 | 41.84% |
| 2026-06-18 | 41.84% |
| 2026-06-17 | 41.85% |
| 2026-06-16 | 41.85% |
| 2026-06-15 | 41.85% |
| 2026-06-12 | 41.85% |
| 2026-06-11 | 41.84% |
| 2026-06-10 | 41.84% |
| 2026-06-09 | 41.85% |
| 2026-06-08 | 41.85% |
| 2026-06-05 | 41.85% |
| 2026-06-04 | 41.84% |
| 2026-06-03 | 41.85% |
| 2026-06-02 | 41.85% |
| 2026-06-01 | 41.84% |
| 2026-05-29 | 41.85% |
| 2026-05-28 | 41.84% |
| 2026-05-27 | 41.84% |
| 2026-05-26 | 41.85% |
| 2026-05-22 | 51.69% |
| 2026-05-21 | 40.62% |
| 2026-05-20 | 40.61% |
| 2026-05-19 | 40.62% |
| 2026-05-18 | 40.62% |
| 2026-05-15 | 40.61% |
| 2026-05-14 | 40.62% |
| 2026-05-13 | 40.62% |
| 2026-05-12 | 40.61% |
| 2026-05-11 | 40.62% |
| 2026-05-08 | 40.62% |
| 2026-05-07 | 40.61% |
| 2026-05-06 | 40.62% |
| 2026-05-05 | 40.62% |
| 2026-05-04 | 36.21% |
| 2026-05-01 | 36.20% |
| 2026-04-30 | 36.20% |
| 2026-04-29 | 36.20% |
| 2026-04-28 | 36.21% |
| 2026-04-27 | 36.21% |
| 2026-04-24 | 36.20% |
| 2026-04-23 | 36.20% |
| 2026-04-22 | 36.20% |
| 2026-04-21 | 36.20% |
| 2026-04-20 | 36.21% |
| 2026-04-17 | 36.20% |
| 2026-04-16 | 36.21% |
| 2026-04-15 | 36.21% |
| 2026-04-14 | 36.21% |
| 2026-04-13 | 36.20% |
| 2026-04-10 | 36.20% |
| 2026-04-09 | 36.21% |
| 2026-04-08 | 36.21% |
| 2026-04-07 | 36.21% |
| 2026-04-06 | 36.21% |
| 2026-04-02 | 36.20% |
| 2026-04-01 | 36.20% |
| 2026-03-31 | 36.20% |
| 2026-03-30 | 36.20% |
| 2026-03-27 | 36.21% |
| 2026-03-26 | 36.20% |
| 2026-03-25 | 36.21% |
| 2026-03-24 | 36.21% |
| 2026-03-23 | 36.21% |
| 2026-03-20 | 36.21% |
| 2026-03-19 | 36.20% |
| 2026-03-18 | 36.20% |
| 2026-03-17 | 36.20% |
| 2026-03-16 | 36.21% |
| 2026-03-13 | 36.20% |
| 2026-03-12 | 36.21% |
| 2026-03-11 | 36.20% |
| 2026-03-10 | 36.20% |
| 2026-03-09 | 36.21% |
| 2026-03-06 | 36.21% |
| 2026-03-05 | 36.21% |
| 2026-03-04 | 36.20% |
| 2026-03-03 | 36.20% |
| 2026-03-02 | 36.20% |
| 2026-02-27 | 36.20% |
| 2026-02-26 | 36.20% |
| 2026-02-25 | 36.20% |
| 2026-02-24 | 36.21% |
| 2026-02-23 | 36.20% |
| 2026-02-20 | 44.98% |
| 2026-02-19 | 35.11% |
| 2026-02-18 | 35.11% |
| 2026-02-17 | 35.11% |
| 2026-02-13 | 35.11% |
| 2026-02-12 | 35.10% |
| 2026-02-11 | 35.11% |
| 2026-02-10 | 35.11% |
| 2026-02-09 | 35.11% |
| 2026-02-06 | 35.11% |
| 2026-02-05 | 35.11% |
| 2026-02-04 | 35.11% |
| 2026-02-03 | 35.10% |
| 2026-02-02 | 52.98% |
| 2026-01-30 | 52.98% |
| 2026-01-29 | 52.98% |
| 2026-01-28 | 52.98% |
| 2026-01-27 | 52.98% |
| 2026-01-26 | 52.98% |
| 2026-01-23 | 52.99% |
| 2026-01-22 | 52.99% |
| 2026-01-21 | 52.99% |
| 2026-01-20 | 52.98% |
| 2026-01-16 | 52.98% |
| 2026-01-15 | 52.98% |
| 2026-01-14 | 52.99% |
| 2026-01-13 | 52.98% |
| 2026-01-12 | 52.99% |
| 2026-01-09 | 52.98% |
| 2026-01-08 | 52.98% |
| 2026-01-07 | 52.98% |
| 2026-01-06 | 52.98% |
| 2026-01-05 | 52.98% |
| 2026-01-02 | 52.98% |
| 2025-12-31 | 52.98% |
| 2025-12-30 | 52.98% |
| 2025-12-29 | 52.99% |
| 2025-12-26 | 52.99% |
| 2025-12-24 | 52.98% |
| 2025-12-23 | 52.99% |
| 2025-12-22 | 52.98% |
| 2025-12-19 | 52.98% |
| 2025-12-18 | 52.98% |
| 2025-12-17 | 52.99% |
| 2025-12-16 | 52.99% |
| 2025-12-15 | 52.99% |
| 2025-12-12 | 52.98% |
| 2025-12-11 | 52.99% |
| 2025-12-10 | 52.98% |
| 2025-12-09 | 52.98% |
| 2025-12-08 | 52.98% |
| 2025-12-05 | 52.98% |
| 2025-12-04 | 52.98% |
| 2025-12-03 | 52.98% |
| 2025-12-02 | 52.98% |
| 2025-12-01 | 39.74% |
| 2025-11-28 | 39.74% |
| 2025-11-26 | 39.74% |
| 2025-11-25 | 39.74% |
| 2025-11-24 | 39.74% |
| 2025-11-21 | 39.74% |
| 2025-11-20 | 39.74% |
| 2025-11-19 | 23.97% |
| 2025-11-18 | 23.96% |
| 2025-11-17 | 23.96% |
| 2025-11-14 | 23.97% |
| 2025-11-13 | 23.96% |
| 2025-11-12 | 23.97% |
| 2025-11-11 | 23.96% |
| 2025-11-10 | 23.96% |
| 2025-11-07 | 23.96% |
| 2025-11-06 | 23.97% |
| 2025-11-05 | 23.96% |
| 2025-11-04 | 23.97% |
| 2025-11-03 | 23.97% |
| 2025-10-31 | 23.97% |
| 2025-10-30 | 23.97% |
| 2025-10-29 | 23.96% |
| 2025-10-28 | 23.97% |
| 2025-10-27 | 23.96% |
| 2025-10-24 | 31.20% |
| 2025-10-23 | 31.20% |
| 2025-10-22 | 31.21% |
| 2025-10-21 | 31.20% |
| 2025-10-20 | 31.20% |
| 2025-10-17 | 31.20% |
| 2025-10-16 | 31.20% |
| 2025-10-15 | 31.21% |
| 2025-10-14 | 31.21% |
| 2025-10-13 | 31.20% |
| 2025-10-10 | 31.21% |
| 2025-10-09 | 31.20% |
| 2025-10-08 | 31.20% |
| 2025-10-07 | 31.20% |
| 2025-10-06 | 31.21% |
| 2025-10-03 | 31.20% |
| 2025-10-02 | 31.20% |
| 2025-10-01 | 31.21% |
| 2025-09-30 | 31.20% |
| 2025-09-29 | 31.20% |
| 2025-09-26 | 31.20% |
| 2025-09-25 | 31.21% |
| 2025-09-24 | 31.20% |
| 2025-09-23 | 31.20% |
| 2025-09-22 | 31.21% |
| 2025-09-19 | 31.21% |
| 2025-09-18 | 31.20% |
| 2025-09-17 | 31.20% |
| 2025-09-16 | 31.21% |
| 2025-09-15 | 31.20% |
| 2025-09-12 | 31.20% |
| 2025-09-11 | 31.20% |
| 2025-09-10 | 31.20% |
| 2025-09-09 | 31.20% |
| 2025-09-08 | 31.21% |
| 2025-09-05 | 31.20% |
| 2025-09-04 | 31.20% |
| 2025-09-03 | 31.20% |
| 2025-09-02 | 31.20% |
| 2025-08-29 | 31.20% |
| 2025-08-28 | 31.20% |
| 2025-08-27 | 31.21% |
| 2025-08-26 | 31.20% |
| 2025-08-25 | 31.20% |
| 2025-08-22 | 31.21% |
| 2025-08-21 | 23.22% |
| 2025-08-20 | 23.22% |
| 2025-08-19 | 23.22% |
| 2025-08-18 | 23.21% |
| 2025-08-15 | 23.21% |
| 2025-08-14 | 23.22% |
| 2025-08-13 | 23.22% |
| 2025-08-12 | 23.22% |
| 2025-08-11 | 23.22% |
| 2025-08-08 | 23.22% |
| 2025-08-07 | 23.22% |
| 2025-08-06 | 23.21% |
| 2025-08-05 | 23.22% |
| 2025-08-04 | 25.65% |
| 2025-08-01 | 25.65% |
| 2025-07-31 | 25.65% |
| 2025-07-30 | 25.65% |
| 2025-07-29 | 25.65% |
| 2025-07-28 | 25.65% |
| 2025-07-25 | 33.64% |
| 2025-07-24 | 33.65% |
| 2025-07-23 | 33.65% |
| 2025-07-22 | 33.65% |
| 2025-07-21 | 33.65% |
Showing the most recent 260 of 1,326 data points. The chart above shows the full history.
| 24.1% |
| 2019 | ($0.64) | $0.62 | N/A (Loss) |
| 2018 | $1.30 | $0.50 | 38.6% |
| 2017 | $2.43 | $0.50 | 20.6% |
| 2016 | $1.75 | $0.00 | 0.0% |
| 2015 | $2.42 | $0.00 | 0.0% |
| 2014 | $2.51 | $0.00 | 0.0% |
| 2013 | $3.27 | $0.00 | 0.0% |
| 2012 | $2.97 | $0.00 | 0.0% |
| 2011 | $2.63 | $0.00 | 0.0% |
| 2010 | $1.98 | $0.00 | 0.0% |
| 2009 | $3.26 | $0.00 | 0.0% |
| 2008 | $3.47 | $0.00 | 0.0% |
| 2007 | $2.42 | $0.00 | 0.0% |
| 2006 | $1.69 | $0.00 | 0.0% |
| 2005 | $1.16 | $0.00 | 0.0% |
| 2004 | $1.03 | $0.00 | 0.0% |
| 2003 | $1.02 | $0.00 | 0.0% |
| 2002 | $1.01 | $0.00 | 0.0% |
| 2001 | $0.83 | $0.00 | 0.0% |
| 2000 | $0.49 | $0.00 | 0.0% |
| 1999 | $0.64 | $0.00 | 0.0% |
| 1998 | $0.53 | $0.00 | 0.0% |
| 1997 | $0.46 | $0.00 | 0.0% |
| 1996 | $0.39 | $0.00 | 0.0% |
