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 49.12% is 73% above its 5-year average of 28.47%, near the high end of its 5-year range (13.45%–60.35%).
As of Friday, September 11, 2026. 21.85% above its 12-month average of 40.31%.
Dividend Payout Ratio (49.12%) = TTM Dividends/Share ($1.40) / TTM EPS ($2.85)
Trailing-12-month dividend payout ratio; raw quarterly payout is intentionally not charted. Historical series through 2026-09-11.
DIVIDEND PAYOUT RATIO
49.12%
DIVIDEND PAYOUT RATIO AVG TTM
40.31%
DIVIDEND PAYOUT RATIO AVG 3Y
30.82%
DIVIDEND PAYOUT RATIO AVG 5Y
28.47%
DIVIDEND PAYOUT RATIO AVG 10Y
23.73%
DIVIDEND PAYOUT RATIO AVG 15Y
N/A
DIVIDEND PAYOUT RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+21.85%
CURRENT VS 3Y AVG
+59.40%
CURRENT VS 5Y AVG
+72.56%
CURRENT VS 10Y AVG
+106.97%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
| Fiscal year end | EPS | Dividends (FY) | Payout Ratio |
|---|---|---|---|
| 2025-09-26 | $2.39 | $1.25 | 52.3% |
| 2024-09-27 | $6.35 | $1.04 | 16.4% |
| 2023-09-29 | $5.32 | $0.78 | 14.7% |
| 2022-09-30 | $5.01 | $1.10 | 21.9% |
| 2021-10-01 | $3.15 | $0.60 | 18.9% |
| 2020-10-02 | $2.90 |
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 |
|---|---|
| 2026-09-11 | 49.12% |
| 2026-09-10 | 49.12% |
| 2026-09-09 | 49.13% |
| 2026-09-08 | 49.12% |
| 2026-09-04 | 49.12% |
| 2026-09-03 | 49.12% |
| 2026-09-02 | 49.13% |
| 2026-09-01 | 49.12% |
| 2026-08-31 | 49.12% |
| 2026-08-28 | 49.13% |
| 2026-08-27 | 49.12% |
| 2026-08-26 | 49.12% |
| 2026-08-25 | 49.13% |
| 2026-08-24 | 49.13% |
| 2026-08-21 | 60.35% |
| 2026-08-20 | 47.72% |
| 2026-08-19 | 47.72% |
| 2026-08-18 | 47.72% |
| 2026-08-17 | 47.72% |
| 2026-08-14 | 47.72% |
| 2026-08-13 | 47.71% |
| 2026-08-12 | 47.72% |
| 2026-08-11 | 47.72% |
| 2026-08-10 | 47.71% |
| 2026-08-07 | 47.72% |
| 2026-08-06 | 47.72% |
| 2026-08-05 | 47.72% |
| 2026-08-04 | 41.84% |
| 2026-08-03 | 41.84% |
| 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 | 36.20% |
| 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 | 52.98% |
| 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 | 23.96% |
| 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% |
Showing the most recent 260 of 1,341 data points. The chart above shows the full history.
| $0.70 |
| 24.1% |
| 2019-09-30 | $6.15 | $0.48 | 7.8% |
| 2018-09-30 | $1.30 | $0.63 | 48.2% |
| 2017-09-30 | $2.43 | $0.38 | 15.5% |
| 2016-09-30 | $1.75 | $0.00 | 0.0% |
| 2015-09-30 | $2.42 | $0.00 | 0.0% |
| 2014-09-30 | $2.51 | $0.00 | 0.0% |
| 2013-09-30 | $3.27 | $0.00 | 0.0% |
| 2012-09-30 | $2.97 | $0.00 | 0.0% |
| 2011-09-30 | $2.63 | $0.00 | 0.0% |
| 2010-09-30 | $1.98 | $0.00 | 0.0% |
| 2009-09-30 | $3.26 | $0.00 | 0.0% |
| 2008-09-30 | $3.47 | $0.00 | 0.0% |
| 2007-09-30 | $2.42 | $0.00 | 0.0% |
| 2006-09-30 | $1.69 | $0.00 | 0.0% |
| 2005-09-30 | $1.16 | $0.00 | 0.0% |
| 2004-09-30 | $1.03 | $0.00 | 0.0% |
| 2003-09-30 | $1.02 | $0.00 | 0.0% |
| 2002-09-30 | $1.01 | $0.00 | 0.0% |
| 2001-09-30 | $0.83 | $0.00 | 0.0% |
| 2000-09-30 | $0.49 | $0.00 | 0.0% |
| 1999-09-30 | $0.64 | $0.00 | 0.0% |
| 1998-09-30 | $0.53 | $0.00 | 0.0% |
| 1997-09-30 | $0.46 | $0.00 | 0.0% |
| 1996-09-30 | $0.39 | $0.00 | 0.0% |
